DENVER—Listen to the mainstream media and one gets the impression that the changes in the marijuana laws are the only drivers of retail activity in Denver. Local brokers know better. A major influence for sure, but there’s so much more to the current upcycle in the Mile High City that should be counted—considerations such as the influx of millennials and the aggressive eye being cast on the city by investors. But Denver is not without its challenges, and in a wide-ranging conversation with GlobeSt.com, Jeffrey Hallberg, principal of the local office of Lee & Associates, covers it all.

GlobeSt.com: Overall, what grade would you give the retail sector in Denver?

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