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Two office developments announced for 2018 delivery As the Denver commercial real estate continues to thrive, the office sector recorded the lowest vacancy since 2001, at 9.8% at the end of fourth quarter 2015 which is fueling office developments like this. The two office developments are: 15th and Platte St. a $60M five-story, office-retail development The…
Warehouse vacancies jumps to 4.4% in Q4 2015 Warehouse vacancies jumps to 4.4% in Q4 2015, an increase of 0.3% from previous quarter. Net absorption for the overall Denver industrial market was negative (459,613) square feet in the fourth quarter 2015. That compares to positive 893,511 square feet in the third quarter 2015, positive 833,873…
Retail vacancies falls to 5.0% in the fourth quarter 2015 Retail vacancies falls to 5.0% in the fourth quarter 2015, down 0.2% from previous quarter. Total net absorption for fourth quarter came in at 788,302 square feet, while quoted rent rates increased to $15.57 per square foot. Over the past four quarters, the fourth quarter…
Denver’s office sector continues to thrive in Q4 2015, dropping the vacancy rate to 9.5% for the quarter. Total absorption for the fourth quarter came in at 1,329,482 square feet which was a significant increase compared to third quarter 2015 at 852,698 square feet while second quarter 2015 saw positive 1,014,454 square feet, and positive…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
