Office Vacancy in Downtown Denver Rises to 32% therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
The high office vacancy rate in downtown Denver inched a little higher in the first three months of 2024, rising to about 32%, the highest point in a couple of decades and more evidence of a drawn-out recovery from a pandemic that upended work routines and sectors of the economy.
DENVER, Sept. 11, 2023 - JLL announced today that Vault 44.01, a leading provider of carbon capture and storage services, has leased approximately 8,000 square feet at 1125 17th Street, the.
Office building in South Austin sells as more investors eye Austin statesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statesman.com Daily Mail and Mail on Sunday newspapers.
After rough 2020, is Austin s office market poised for a rebound?
The coronavirus pandemic isn t done battering the Central Texas office market, but local commercial brokers say they are seeing signs of that things could improve in the coming months.
Office vacancies were still on the rise and the rental rates being sought were flat in the fourth quarter, according to new industry reports. Office leasing remains far below 2019 s pace, and in line with the leasing activity seen during the last recession, according to CoStar Group, a real estate data company.
But some local office brokers say 2021 could see a turnaround – albeit a gradual one –for the market. Demand for office space has started to pick up again, they say, although it remains below what it was pre-pandemic.