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Total vacancy rate for medical office space, which rose during most of the last decade has dropped to 11.3% in first quarter of 2012. This is the lowest since late 2008 according to preliminary CoStar data which shows almost 3.5 million square feet of new MOB space being delivered in the first quarter, the highest since…
After nearly three years of rising vacancies, the national office market has turned an important corner in 2011 with improvements in key fundamentals. Positive absorption of more than 9 million square feet during the first half of the year helped to push the national office vacancy rate off its peak level of 17.6%, recorded n…
Opus Development Corporation unveiled plans for a 285-unit luxury apartment complex at 1490 Delgany St. This would be the fifth project in that seven block area west of Denver Union Station, with an estimated 1,074 units being built in the next several years. Opus is teaming up with Amstar on the project and the initial plans…
Western Development Group partners unveiled details for an eight story office building and condominium project at Denver’s Cherry Creek North neighborhood. The project will be located at 250 Columbine and it will include about 38,000 square foot retail, restaurant with outdoor patio, 80 multifamily units and 70,000 square feet of high-end office space. The project is…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
