January 1, 1998

Corridor’s day arrives; lease rates start to rise

By

Lease rates for office space along the Denver/Boulder corridor on U.S. 36 have climbed

dramatically in the last 18 months, as Sun Microsystems Inc. moves into the Interlocken office park and other high-tech companies search for expansion space in the area, commercial real estate professionals say.

In the last year and half leasing rates have increased substantially from $11 per square foot in some buildings to $17 to $18 per square foot now, said Ryan Cunningham, senior vice president of LaSalle Partners, the tenant representative for Sun Microsystems.

…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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