Fetch Market Update
 
- Monday, February 4, 2008
U.S. 36 corridor holds breath for mystery buyer's identity

Use of StorageTek site could boost office market's recovery

By Margaret Jackson
The Denver Post

If the mystery buyer of the former StorageTek site in Louisville brings the thousands of jobs many people are anticipating, it could spark an explosion of construction and new businesses in a market that only recently started recovering from the dot-com meltdown.

The ripple effect would be tremendous on the 7-million-square-foot submarket along U.S. 36 between Denver and Boulder. The office market there saw vacancy rates swell from 2 percent to 42 percent after the dot-com bomb in 2001.

(Click on link below for full article)

http://www.denverpost.com/economy/ci_8146375

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