In the July 24, 2006 issue of Business Plus (Daily Camera), there is an extensive writeup on the “resurgent” commercial real estate market. This matches closely the feedback I received from my peers in the segment of the industry. Rates for downtown office space rose from $10-12 per sq. ft. to $15-18 as about 92% of the office spaced is leased. In addition, rents are picking up all along the US 36 corridor.
