Two items in the news recently reminded us that Denver tenant representation just keeps evolving as commercial leases just keep getting more complicated.
As we talked about here, owners are optimistic about Denver Office Space. This means prices may continue to rise in the short term, bringing rental rates with them.
But are the actual rents going up? The answer varies, or course, by the area in each city and suburb, and within those by the neighborhood and even the block.
We pay attention to all aspects of commercial real estate in Denver. Every building is unique, of course, but to paraphrase Animal Farm, some buildings are more unique than others!
There is, after all, only one Mile High Stadium.
There's only a small percentage of commercial real estate structures in any city that even have a name that's different from the address, and even fewer where businesses pay real money to get that name added to a building.