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Study: Investors targeting Denver as a ‘rising star’ city to park capital

Denver one of eight “rising star” cities or “growth markets” identified by JLL

DENVER — Buoyed by strong employment and population growth over the past decade, Denver is among a handful of non-coastal U.S. cities that rank as the most attractive destinations for investors, according to a recent report published by JLL Capital Markets.

Denver was one of eight “rising star” cities or "growth cities" identified by JLL (NYSE: JLL). The cities are becoming increasingly appealing for investment opportunities and are competing with larger "gateway markets" such as Los Angeles, New York City or San Francisco, for those dollars.

The other cities on the “rising star” list are Austin, Atlanta, Charlotte, Dallas, Miami, Nashville and Raleigh.

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The line between gateway cities and growth markets such as Denver is likely to become more blurred in the near future. JLL’s study added gateways such as New York City or San Francisco will remain a magnet for residents and companies, but they will have greater competition from previously non-traditional markets — Denver included.

> Read the full story at the Denver Business Journal

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