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TOP CASH PAID FOR DENVER OFFICE SPACE REPUBLIC PLAZA NETS $31 PER SQUARE FOOT FOR LEASE FROM TENANT.(Business)
From:
Rocky Mountain News (Denver, CO)
| Date:
September 19, 1998| Author:
| COPYRIGHT 1998 Rocky Mountain News. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: John Rebchook Rocky Mountain News Real Estate Editor
An unidentified tenant in Republic Plaza has signed a lease for $31 per square foot, the highest office rent paid in the metro area in more than 15 years, officials said on Friday.
The lease for more than a floor in the 1.2 million-square-foot building is the most recent sign of the strength of the downtown office market, said David Morrison, vice president of leasing for Brookfield, the building's owner.
Still, rents remain relatively affordable. A midyear survey by Cushman & Wakefield of top office space ...
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