Best Movers in Denver – 303-329-3217

Real Estate Competition Driven by the Energy Companies?

One big contributor to the booming real estate market in the Denver area is apparently the ever-popular oil and gas industry. According to reports, Colorado is a popular destination for this industry, with the energy outlook naming Denver among a handful of U.S. cities where a large amount of new energy jobs will be located by 2035. Denver, along with cities like Houston, Philadelphia, and Dallas will get about 75 percent of the 3.5 new jobs in the energy industry. The remaining jobs will likely be in financial hubs like New York City and Chicago.

The Castle Rock movers have learned that these energy companies are rapidly seeking to scoop up space in Denver, and that energy tenants in the area paid almost 10 percent over landlord asking prices on average.

Be Sociable, Share!
This entry was posted in Cherry Hills movers, Colorado movers, current events, Denver apartments, Denver commercial reat estate, denver movers, Denver Movers Categories, denver statistics, South Denver movers. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.