| Commercial Real Estate Up in First Quarter |
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The Denver Business Journal announced that metro Denver's commercial real
estate market continued improving for the first quarter of 2012. "Businesses from all three submarkets
absorbed more space than was left vacant," writes Dennis Huspeni. And experts believe that this trend will
continue throughout 2012.
The demand for class A space has led to a reduction in
availability which may lead more users to Class B space where there is more
value.
"LoDo continues as the hottest office market in the state, with
few available big blocks of space and median rent rates of $24.35 per square
foot." The development of Union Station
has caused demand to be high in that area.
Read the full story at The Denver Business Journal.
photo credit: vonderauvisuals
Posted on April 10, 2012 13:35:40 by IPTV.Boyz
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