The team, comprised of Sergio Castaneda, John Marold, Mitch Bradley and Lang Williams, note that the "gross absorption from these tenants is at the highest level since January 2001."
To a certain extent, the south Denver market is benefiting from the national economy, which showed the 7.2% annualized quarterly GDP growth rate in the third quarter.
But the market, the largest in the metro area, isn't out of the woods yet."Lease rates continue to fall and concessions continue to rise," according to the team's report.
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