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Real Estate | Cherry Creek a magnet for commercial…
Thursday, May 14th 2026

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Cherry Creek thriving while other commercial districts in U.S., including downtown Denver, are struggling

Office vacancy rate at 8.5% while downtown’s is at 23%

Daniel Huml, left, and Chris Carroll, co-founders of Magnetic Capitol, pose for a portrait in the lot that they will develop into a 90,000 square foot mixed use building with retail and office space in the North Cherry Creek neighborhood of Denver, March 22, 2024. (Photo by Kevin Mohatt/Special to The Denver Post)
Daniel Huml, left, and Chris Carroll, co-founders of Magnetic Capitol, pose for a portrait in the lot that they will develop into a 90,000 square foot mixed use building with retail and office space in the North Cherry Creek neighborhood of Denver, March 22, 2024. (Photo by Kevin Mohatt/Special to The Denver Post)
DENVER, CO - NOVEMBER 8: Aldo Svaldi - Staff portraits at the Denver Post studio. (Photo by Eric Lutzens/The Denver Post)
By | asvaldi@denverpost.com | The Denver Post
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Getting your player ready...
What Chris Carroll and Daniel Huml, managing partners of Magnetic Capital, a Denver developer, want to do might be considered foolhardy in most parts of the country.
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