10/08/2026
A downtown office building selling at a steep discount may look like a warning sign. It can also signal that the market is finally moving forward.
In a new Denver Business Journal article, TRE Partner Amy Aldridge explains why recent office auctions can help accelerate Denver’s recovery. Reset pricing gives new owners the flexibility to invest in improvements, attract tenants and evaluate what each building should become next.
As Amy shares, some properties will remain offices. Others may be better suited for residential conversion or an entirely new use. What matters is getting them into the hands of owners with the capital and vision to take action.
TRE’s analysis found that removing “zombie buildings” awaiting conversion would lower downtown Denver’s office vacancy rate to 26.7%, offering a clearer picture of the active market.
The challenges are real, but so is the opportunity to reinvent these properties in ways that benefit downtown and the broader community.
Read the full article and Amy’s perspective ⬇️
New owners bring fresh perspectives — and fresh dollars.