from Colorado Real Estate Journal | November 3, 2013
The overall office market in Colorado Springs continues to improve at a steady, measured rate. Overall, lease activity is improving and the market is tightening slowly. Evidence of this increasing improvement to the market is the fact that in third-quarter 2013, all three major Colorado Springs office submarkets registered positive absorption. This is the first quarter since late 2007 in which each submarket has registered solid lease activity and positive absorption. Year-to-date positive absorption is 155,336 square feet; while this is not setting historical records, it is a healthy indicator.
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