Downtown Denver sees tepid signs of absorption in empty office space

Denver’s newly remodeled 16th Street is open at its full expanse, beckoning workers and employers back into a downtown that was partially vacated during the pandemic, when office vacancies climbed past 30%, then 35%.

Now analysts are seeing a glimmer of hope that the collapse can be reversed and that workers, and residents, can be lured back into a downtown that was once a national showplace for urban rebirth.

Commercial real estate services company CBRE is seeing some signs of a turnaround there in its newest 3rd quarter reports on the metro commercial and retail markets…

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