DENVER-Once again, Denver's office rates are bargain basement compared to the rest of the world, as Grubb & Ellis and Knight Frank find only seven cities with lower space costs.

DENVER-"We practically built a new hotel for $4 million," says Embassy Suites Hotel DIA-Gateway director of sales and marketing Greg McKenna. The makeover of the 210-unit hotel took six months to complete.

LITTLETON, CO-An affiliated company of Toshiba Corp. becomes the first company to relocate to the speculative project developed by Chicago-based First Industrial Realty in this southwest suburb of Denver.

DENVER-Once again, Denver's office rates are bargain basement compared to the rest of the world, as Grubb & Ellis and Knight Frank find only seven cities with lower space costs.

BOULDER, CO-The information technology company needs more space for its expanding client base and found it at W.W. Reynolds Co.'s property at 4750 Walnut St., allowing the firm to stay true to its name.

DENVER-Holders of $57 million in bonds now control the fate of the $93-million Colorado's Ocean Journey in the city's Central Platte Valley area. The city sees no financially feasible rescue plan, Mayor Wellington Webb says.

LAKEWOOD, CO-A life insurance company puts the financing in a deal arranged by the Denver office of NorthMarq Capital. The property contains 166,504 sf of space in two buildings at 300 and 390 Union Blvd.

COLORADO SPRINGS, CO-Several 1031 exchange investors pool their proceeds to join Diamante Investments LLC in buying the 243,366-sf Market Centre Shopping Center anchored by an Albertson's Grocery Warehouse leading a lineup of national chains.