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Northwest Denver Market Overview <br />1ST QUARTER 2014 <br />Direct Office Rate Trends <br />Overall, asking rates for NW buildings remained stable during th <br />quarter 2014 (decreasing by $0.09/SF) at $24.57/SF. Comparable <br />rates remained strong during the 4th quarter, maintaining a mode <br />delta between asking rates and comparables. <br />Additional Notes: <br />¤ The average difference between comparable and asking rates is <br />$0.42/SF (vs. $0.85/SF 4th quarter 2013) <br />¤ The proposal and comparable starting rates provided above have <br />been negotiated over the last 6-12 months in some cases. <br />¤ The starting rates above do not include free rent or additional <br />concessions that are offered as a part of the total effective rates <br />$25.00 <br />$20.00 <br />$15.00 <br />$10.00 <br />$5.00 <br />$0.00 <br />[ ] <br />7 <br />CBRE <br />