DENVER-"Continued low vacancy and solid rent growth will persist through the end of the year," according to an apartment report form Marcus & Millichap. Downtown and the US 36 corridor are the strongest submarkets.
DENVER-"Continued low vacancy and solid rent growth will persist through the end of the year," according to an apartment report form Marcus & Millichap. Downtown and the US 36 corridor are the strongest submarkets.
DENVER-The vacancy rate in the US 36 high-tech corridor between Boulder and Denver has soared from 1% just six months ago to 26% today, with about 1.5 million sf of sublease space on the market.
DENVER-The bank gives previous owner ROC Properties a $4.5-million gross profit even though the city continues to mull condemnation of the office building to make way for a 5,000-seat auditorium.
DENVER-The 1 million new shares will help the small- and medium-sized office REIT purchase two multi-tenant office buildings in Denver from Sheridan Investments LLC for about $22 million.
DENVER-Highly acclaimed deli Tony's Meats & Specialty Foods joins the tenant roster of Jordon Perlmutter & Co.'s Bowles Village Center by taking 9,800 sf. The center three blocks east of Southwest Plaza is 95% leased.
DENVER-Twenty casinos Black Hawk, west of Golden, generate 70.5% of the total gross proceeds in the state's limited-stakes gambling emporiums, averaging nearly $2 million each. Cripple Creek's 19 casinos report $11.5 million.
DENVER-The manager of 11 no-load mutual funds decides to stay put in its Cherry Creek space after exploring options, says Barry Dorfman, president of the Denver office of the Staubach Co.
DENVER-One of the largest apartment REITs in the country has disposed of $910 million of non-core assets this year in markets including Southern California, the San Francisco Bay area, Texas and Arizona.
AURORA, CO-The $12.2-million, 46,762-sf Rocky Mountain Lions Eye Institute opens at the new University of Colorado Fitzsimons Medical Complex. Billionaire Phil Anschutz funds the project with the Lions of Colorado and Wyoming.