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February 6, 2014

Oil field

Denver’s economy and office market have a sense of momentum and energy heading into 2014. That is according to a recent report from Studley. According to the firm, the regional economy is gathering strength.

“Companies from a broad set of sectors such as energy, tech, banking and healthcare are adding to their payrolls, spurring demand for office space,” says the firm. “The region’s expertise in these growing industries, coupled with relatively low business costs and superior quality of life, continues to induce corporations to set up or expand their operations in Denver.”

An aging population and new mandates tied to the Affordable Care Act have contributed to growth in healthcare across the US, says Studley. “Many healthcare providers are expanding in Denver due to its lower costs relative to Los Angeles and New York and its expertise in the field.” During the fourth quarter, Exempla Health Care, for example, completed a 29,170-sf lease at 500 Eldorado Boulevard in Broomfield and Ria Radiology Invision leased 32,791 square feet at 10700 E. Geddes Ave. in Englewood...

Energy, Tech, Banking, Healthcare Add Jobs

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