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Market Update – Q1 2023 – Denver Retail
Denver’s retail market has staged a quiet, yet strong comeback, giving the sector runway to withstand a potential slowdown in the year ahead. Contributing to this comeback was the significant lift in consumer spending coming out of the pandemic. Denver’s retailers now have a fresh set of headwinds to contend with in 2023.
Market Update – Q4 2022 – Denver Retail
Trailing 12-month absorption totals 990,000 square feet, a sharp rebound after 850,000 square feet was vacated in 2020. Asking rents are on the rise, increasing by 3.6% year-over-year.
What is a 1031 Exchange?
Defined by Internal Revenue Code (IRC) section 1031, a 1031 Tax Deferred Exchange offers taxpayers one of the last great opportunities to build wealth and save taxes.