Aurora Colorado Homes

Aurora Colorado Homes:Fueled by $ 76 million in recent sales, the long-suffering Aurora Colorado homes office market is coming back to life in a big way. Office buildings along the Parker Road corridor have become a favored location for corporate tenants, a big change from a few years ago when the market carried a stigma of inferiority. And as demand for space has pushed vacancies down and lease rates up, the area also has become a preferred site for real estate investors.

Analysts say the change in the market is notable because Aurora Colorado homes offices had remained depressed while other areas were enjoying the economic recovery of the past several years. "There's an incredible amount of activity going on in Aurora Colorado homes," said Savoie. Many people have turned to building their own aurora custom homes.

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Aurora Colorado Homes

"The Aurora Colorado homes market is hotter than a firecracker right now," said Bryant, president of the Venture Group real estate brokerage. Bryant said Aurora Colorado homes has been the beneficiary of fast-rising lease rates in the adjacent Denver Tech Center office market. Tenants who enjoyed lavish DTC space at bargain rates through the past decade are now balking at paying premium rents of as much as $ 24 a square foot for first-class Tech Center buildings. This means that finding cheap homes for sale in aurora has gotten much tougher.

Top-quality office space in the Aurora Colorado homes submarket can still be had for $ 16 to $ 17 per square foot, Bryant said. "A lot of tenants have decided to move to Aurora Colorado homes, where rents are substantially lower but it's still only 2 1/2 minutes away from the Denver Tech Center," he said. In 1991, the Aurora Colorado homes submarket was metro Denver's worst, with a vacancy rate of 33 percent. Its current vacancy rate of 9 percent is lower than the Denver-area average of 10.9 percent. In addition, Aurora Colorado homes led the metro area last year in the key statistic of absorption - the measure of net increase in office occupancy. Aurora Colorado homes's absorption of 210,000 square feet of space beat every competitor including the strong DTC and Greenwood Plaza markets, according to research from Denver. We believe Aurora co homes are poised for tremendous growth and will continue to outperform the market in the near future.

Aurora Colorado Homes : Inspired by February 13, 1997 article from Denverpost.com

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