Retail
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…
Third quarter showed mixed results for the Denver’s commercial real estate market however the overall market continued to show signs of recovery. The vacancy rate for retail and industrial submarket remained in the single digit but did drop slightly quarter over quarter and year over year. The office market vacancy rate increased as expected partly…
Construction has started on two apartments projects in Denver’s River North neighborhood and is signaling the area is poised for rejuvenation. The two apartment’s complexes are Denargo Market Apartments and Rino Flats. The Austin Texas base Cypress broke ground in November on a 301 unit project at the old Denargo Market just north of downtown…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
