DENVER-Duke Energy Field Services signs a letter of intent to lease 125,000 sf in a proposed 640,000-sf office tower planned Downtown, but some experts caution that is far short of a signed lease.

DENVER-AmeriVest Properties, the office REIT that focuses exclusively to small- and medium-sized tenants, hopes to raise nearly $14 million. The money could pay down debt or be used to acquire properties.

DENVER-The real estate arm of Legg Mason, a partnership backed by Dallas-based Crescent Real Estate and Houston-based Hines Development, are ready to team with the city on developing the ski resort.

DENVER-Six months ago, office rents were at an all-time high and vacancies were near an all-time low. Since then, four million sf of sublease space has hit the market, which could push vacancy rates near 1980s levels.

DENVER-Six months ago, office rents were at an all-time high and vacancies were near an all-time low. Since then, four million sf of sublease space has hit the market, which could push vacancy rates near 1980s levels.

LAKEWOOD, CO-MoneyGram signs a 10-year lease with Opus Northwest LLC for the $12-million facility, which "demonstrates our commitment to stay in the Denver area," says Phil Milne, president and CEO of MoneyGram's parent.

DENVER-Senior managing director Richard Egitto will manage and coordinate the Bethesda, MD-based firms Western US efforts, including investment sales, consulting, leasing and debt and equity placement.

DENVER-After paying a record price of $78.7 million for the 652-unit Jefferson at Meridian, Dallas-based JPI plans to develop more than 2,000 multifamily rental units here over the next two years.