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Cherry Creek retail space

Denver retail space vacancy falls to 7.3%

Denver retail space

Denver retail space vacancy rate falls to 7.3 from 8% a year ago. Average lease rates remained flat at $15.39 per square foot, down from $15.86 2Q 2012. Because of Denver’s strong real estate market, the retail sub-market will continue to improve, especially in the quick service restaurant and home goods stores.  A total of 193,000…

Cherry Creek submarket is getting hot again

Cherry Creek is poised to become one of the hottest development sites in the Denver metro area with new apartments, office and retail. Development companies and the Cherry Creek North Business Improvement Districts citing several factors that are fueling the momentum including the City of Denver’s recent approval of an area plan, new businesses moving…