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Retail space rent increase across the U.S.

retail space rent

Metros Retail space rents are finally increasing across all retail types in the U.S. for the first time since 2008. This is great news for retail property owners. More than 70% of the U.S. retail market reported positive rent growth during the first quarter of 2013 which is signaling a broad recovery for the sector….

Apartment construction continues in downtown Denver

apartment construction

Apartment construction continues in downtown Denver Apartment construction continues near Denver Union Station with the addition of a 13-story 219 unit apartment complex called Cadence, located at 17th and Chestnut St.  Zocalo Community Development Inc. is the developer and is expecting completion by year end in conjunction with the opening of Denver Union Station. Zocalo…

Denver Union Station adds another office building

Denver Union Station

Denver Union Station adds another office building East West Partners announced plans to build a 10-story office building named The Triangle Building, at 1550 Wewatta St. This would be the third project in the Denver Union Station redevelopment for East West Partners and is a joint venture with Starwood Capital Group of Greenwich, Conn. The…

Colorado unemployment drops to 6.9% in May

Colorado jobs

Colorado unemployment drops to 6.9% in May… April was the largest one-month job gain for Colorado since the start of 2013 which added 11,600 jobs to its payrolls according to the Colorado Department of Labor and Employment. The last month gain of 11,600 jobs was an increase of 500 jobs compared to March numbers, 10,800…