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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Grand Junction is 247 miles (398 km) west-southwest of the Colorado State Capitol in Denver.The city has a council–manager form of government. [8] It is a major commercial and transportation hub within the large area between the Green River and the Continental Divide, and the largest city in Colorado outside of the Front Range Corridor.
Grand Junction, Colorado: Coordinates: Address: 2424 US Highway 6 and 50 Grand Junction, Colorado 81505: Opening date: 1980: Developer: General Growth Properties: Owner: Washington Prime Group: No. of stores and services: 120+ No. of anchor tenants: 6 (6 open) Total retail floor area
The first airline service at Grand Junction was by Western Airlines flying Douglas DC-4s on a Los Angeles - Las Vegas - Grand Junction - Denver route. Western soon sold this route to United Airlines in 1947 which continued the service using DC-4s but soon upgraded with Douglas DC-6s and, by the late 1960s, to Boeing 727-100 jets.
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As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of land is sold on a long lease or leases. [ 1 ]
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