Denver's Cherry Creek "submarket" has an office vacancy rate closer to 8.5% with several office developments underway, not to mention retail and multi-family residential.
The property is located in the city’s Cherry Creek neighborhood. The Seasons of Cherry Creek, a 587-unit, three-building, 530,575-square-foot property in one of Denver’s most exclusive neighborhoods, has changed hands for $225 million.
/PRNewswire/ Broe Real Estate Group (BREG), the multi-billion-dollar, Colorado based developer, has begun its first industrial development project within.