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Recent Leases Indicate Diversified Economy in Downtown Denver

By Chris Toll on February 27, 2015
Denver.

 

 

 

 

 

 

 

 

 

 

After a period of strong leasing activity by oil and gas firms in downtown Denver, the falling price of oil may have raised concerns that the office market would be negatively affected. However, two recent office leases support the conclusion of some experts that Denver is the top real estate market in the country. Cable giant Liberty Global leased three floors, consisting of over 70,000 square feet in the Triangle Building in Lower Downtown. In addition, financial services company Transamerica has leased over 120,000 square feet at 1801 California. These two major leases show that oil and gas is not the only game in town for the downtown office market. Hopefully, this will make Denver’s economy more robust even if there are further downturns in the price of oil.

  • Posted in:
    Real Estate & Construction
  • Blog:
    Rocky Mountain Real Estate Law
  • Organization:
    Otten Johnson Robinson Neff + Ragonetti PC
  • Article: View Original Source

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