Thursday, January 24, 2008

Denver's downtown office buildings saw the seventh-highest increase in rents

The Colliers study didn't include downtown Denver rental rates, but a recent study by 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.

Downtown Denver office space constitutes 22.5 percent of the entire metro-area office market, according to CBRE.

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