The commercial market remains very tough. Today's Denver Post (11/10/2004) gives the following statistics..
|
Demographic Area |
Vacancy Rate |
|
Downtown Denver |
21.3% |
|
Southeast Denver |
22.3% |
|
Northwest Metro |
40.8% |
|
Boulder |
27.7% |
|
Longmont |
23.4% |
Sales of office properties continue to improve. They showed almost $360 million in sales this year. Many analysts continue to predict a slow growth. So, there are positive signs amidst the still slow market.
