Region’s office vacancy rates high

While some areas in the nation are experiencing a glut of office space — including Denver – Northern Colorado seems to be sitting a bit more comfortably. Still, the region’s market looks good only when compared with the nation’s lackluster performance, and the word stagnant seems to aptly describe Northern Colorado’s office market.

Year-end figures for 2003 show limited absorption and stable leasing rates across the region, with Fort Collins posting a comparatively healthy vacancy rate of just more than 11 percent. Greeley’s rates jumped more than 5 percent from last year — to almost 15 percent — and Loveland…