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Denver apartment market remains strong28 Oct

Metro Denver’s apartment market continued to strengthen in the third quarter, as the vacancy rate for stabilized properties hit a 10-year low of 5.41 percent, according to a report issued Wednesday by Grubb & Ellis Co.

Stabilized apartment properties are those that have what’s considered normal occupancy for them.

Parts of the metro area attracting the most people to apartments during the period included the Denver Tech Center and southern Aurora, the Grubb & Ellis (NYSE: GBE) report said.

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