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As Denver office vacancy rates rise again, so does optimism for downtown’s future

Johns Manville’s renewal of lease on downtown headquarters provides shot in arm; real estate brokers say activity is up

Office vacancy rates in downtown Denver rose again in the first quarter of 2024. Despite the increase, real estate experts and business groups are expressing optimism about the area's future.
Office vacancy rates in downtown Denver rose again in the first quarter of 2024. Despite the increase, real estate experts and business groups are expressing optimism about the area’s future.
DENVER, CO - DECEMBER 12:  Judith Kohler - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Real estate experts and business advocates insist there's more to the story about the state of downtown than the uptick from a total vacancy level of roughly 31% at the end of 2023.
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