DENVER-Legg Mason's Glenn Mueller says the real estate cycle will benefit from population growth as a result of the Echo Boom. That means demand for housing as well as job growth, he says.

DENVER-"This is a cake walk compared to the '80s," Cushman & Wakefield top office broker Nick Pavlakovich tells GlobeSt.com. His base of reference includes the auction of 56-story Republic Plaza for $0.10 per sf.

DENVER-Jerry Boland of Gray Design Group creates the blueprints for a Bavarian-Swiss chalet-style, 5,800-sf showroom for Murray Motors, just north of the dealer's Mercedes-Benz store that carries a similar design.

LAS VEGAS-The 16,000-sf Flamingo Marketplace was a development waiting to happen as it sits on the Flaming Road-Maryland Parkway retail corridor, says broker Matt Bear. Nevada Power Co. was the former owner of the land.

PHOENIX-In unrelated industrial lease deals involving Grubb & Ellis broker Marc Hetzberg, Betel Ministries takes 8,050 sf at 3035 W. Thomas Rd. while Custom Cabinets leases 7,490 sf at 2224 W. Desert Cove.

ALBUQUERQUE, NM-Corporate belt-tightening has created sublease space across the market that's less than half of the size of Denver's Central Business District, a report from Grubb & Ellis observes.

DENVER-A cautious approach by lenders and investors will make for slower growth in the retail market, according to Grubb & Elllis. However, that could mean lower lease rates for some retailers, as well as buying opportunities.

PHOENIX-Rob and Ellen Richard of Mesa, AZ sell the Graystone Apartments at 3635 N. 37th St. for $630,000 to Rob Porter and Earl Ricker, both of Phoenix. The deal is brokered by the Marcus & Millichap office in Phoenix.