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Commercial Real Estate Up in First Quarter

Hotel 71The 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.

Creative Commons License photo credit: vonderauvisuals




Posted on April 10, 2012 13:35:40 by Blog Author IPTV.Boyz http://www.brokeriptv.com/commercial-real-estate-up-in-first-quarter

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