Tag: Vacancy
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More companies leased Denver offices than vacated for first time in 2 years
The metro Denver region saw office vacancies hit nearly 24% in the second quarter, according to a report from commercial real estate firm CBRE released Tuesday. It’s up from 23.5% in the first quarter of 2024. Despite the rising number of empty offices in the region since the pandemic hit, Denver’s commercial real estate market…
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Metro Denver apartment rents slide, vacancy up to finish 2022
In good news for renters, apartment prices are trending downward and vacancy is going up in the Denver metro area. Average apartment rental prices went down by $32 since the third quarter according to the Apartment Association of Metro Denver 2022 fourth quarter Vacancy and Rent Report. While rents are expected to drop this time…