In other Denver news, Downtown Denver office rents are up 26%. Denver's downtown office buildings saw the seventh-highest increase in rents in the country last year, according to a new Colliers International study of the U.S. office market. Downtown Denver office space constitutes 22.5 percent of the entire metro-area office market, according to Coldwell Banker Richard Ellis. CB Richard Ellis Inc. of Denver showed the average asking office rent in the Central Business District was $26.22 per square foot, as of last year's fourth quarter. The average metrowide office rent for the same period was $20.08 per square foot.

Posted in Headlines, Real Estate Market Conditions, Real Estate Industry, Real Estate Industry Trends

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