DENVER-The overall occupancy rate in the Denver area was 72.8% in June, according to Robert E. Benton & Associates Inc., down 3.5 percentage points from June 2001.

DENVER-Homebuilders remain land buyers as they search for sites to build affordable housing, but the commercial market is overbuilt after the technology bust, according to Fuller and Co.

DENVER-Every submarket is feeling the effects of overbuilding and sublease space, though none as bad as the Northwest corridor, which is saddled with a 53% vacancy rate. "Today, 25 office buildings can deliver blocks of space of 100,000 sf or more," Fuller and Co. reports.

DENVER-"Retail development will lead office and industrial development statewide for the next five years," predicts CB Richard Ellis broker Dean Insalaco. Already, grocery-anchored centers are hot items, he notes.

AURORA, CO-The 75,497-sf retail center at 15200-90 E. Iliff Ave. is funded by one of NorthMarq Capital's correspondent life insurance companies. The center is owned by Iliff Plaza Partners, LLC, an affiliate of Loup Development Co.

DENVER-"Retail development will lead office and industrial development statewide for the next five years," predicts CB Richard Ellis broker Dean Insalaco. Already, grocery-anchored centers are hot items, he notes.

DENVER-Mike Zoellner was involved with the building of the Heritage Creek multifamily rental community in Glendale, CO when he was with Lincoln/Legacy. His RedPeak Properties pays $38.1 million eight years later.

DENVER-Sunday's auction conducted by Chicago-based Sheldon Good & Co. is hardly a replay of the distress sales of the 1980s and early 1990s. Developer Bryan Barnes just wants to sell out the units and move on to another venture.