DENVER-Layoffs and new office space are likely to push vacancies up and rental rates flat, according to a report by Marcus & Millichap, but fewer construction starts and low interest rates will keep the market stable.

DENVER-Vacancy in units built from 1990 to 1994 increase to 9.5% from 7.6%, while those built form 1995 to the present increase to 10.7% from 7.7%, according to L.J. Melody & Co., citing increased supply as the culprit.

COPPER MOUNTAIN, CO-It could take 20 years and $250 million to complete. However, Vancouver, BC-based Intrawest Corp. is embarking on an ambitious plan to expand and improve the ski resort here to "world-class" status.

DENVER-Layoffs and new office space are likely to push vacancies up and rental rates flat, according to a report by Marcus & Millichap, but fewer construction starts and low interest rates will keep the market stable.

BROOMFIELD, CO-CIGNA Investments makes the permanent loan, taking out construction loans put together by a consortium of banks headed by Bank of America. It is the largest single-asset loan in the market by about $80 million.

DENVER-At least two developers are trying to capture the "flex" market in addition to high-cube space. Meanwhile, fewer developers are rushing to deliver distribution facilities, says a third-quarter report by CB Richard Ellis.

GREENWOOD VILLAGE, CO-The sharp increases in revenues, funds from operations and earnings per share reflects the REIT's purchase of CWS Communities Trust, which added 46 properties to the portfolio.

DENVER-Durango has a 0.9% vacancy rate, the lowest in the state. Colorado Springs' vacancy rate was 5.4%, highest since the first quarter of 1999. The average rent for the state rose 4.25% to $785.