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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…

Denver commercial real estate showing positive signs in Q3

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…