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Colorado apartment vacancy rate has dropped statewide to 5.2% according to a report released by the Colorado Division of Housing. Fort Collins and Loveland area showed the lowest vacancy rate which stood at 2.4% in Q4 2012 and was 1% lower compared to Q4 2011. Other areas like Colorado Springs saw its vacancy rate increase…
LaSalle Investment Management Inc. of Chicago is listing the World Trade Center Complex at 1625 and 1675 Broadway for sale. The 770,000 square foot office building complex was built in 1979 and 1980 and renovated in 2005 and 95% occupied. Anchor tenants include, Baker Hughes Inc., Kodiak Oil & Gas Corp., Key Bank and Resolute Energy…
The mixed use development at the former Office Depot building located at 16th and Market St. also known as 16M has already preleased 50,000 square feet of office space. The majority of the preleased square footage was to financial companies. The 10-story, 130,000 square foot building is considered Class AA office building with two efficient…
Medical and health care led the job creation sector in 2012, a trend likely to continue into the upcoming year. Increase in medical office development is predicated upon several factors including the emergence of the Affordable Care Act requiring mandatory coverage and new patients, long term demographic trends including the aging of the baby boom…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
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