JLL market update

NGKF: Rates for first-class office space top $50 per sf

Rates top $50 per sf in Denver for first time Denver’s office market ended the year with 631,642 square feet of absorption, and vacancy stands at 14 percent. In the CBD, ask rates in some of the super premium buildings have breached $50 per square foot, a level never before seen in Denver. In Cherry Creek, Class…

CREJ

February 28, 2017

CBRE: Online sales translate to industrial space demand

CBRE Research estimate the amount of logistics space needed to accommodate rising e-commerce sales is 1.25 million per $1 billion of online sales.[vc_column width="1/3"][vc_column width="1/3"]

CREJ

February 28, 2017

How do you value a water right?

A water right can be an important and valuable piece of a real estate portfolio. In some locations along the Colorado Front Range, the water rights can be worth more than the underlying land. But just like other types of real estate, water rights are quite varied and can carry a wide

CREJ

February 27, 2017

How does present day activity compare to the past?

As the multifamily industry ponders how to meet the housing needs of millennials and baby boomers, Colorado is facing two very different demographic paths looking forward. How we recognize and react to the needs of these population groups will have a major effect on the

CREJ

February 23, 2017

Springs market poised for further growth in 2017

The multifamily market in Colorado Springs finished strong in 2016, with total apartment sales over $550 million. With 2015’s total sales volume of $453 million and 2014’s $485 million, the total apartment sales volume for the last three years is approximately $1.5 billion

CREJ

February 21, 2017
const cost index

Despite labor, material challenges, construction market looks healthy

With all of the cranes visible across the Denver skyline, one might easily presume there is no end to the abundance of construction activity the metro area has experienced the past few years.

CREJ

February 13, 2017

Denver vows to keep affordable pipeline strong

When it comes to housing insecurity, the city and county of Denver is working harder than ever to make our community accessible and affordable for current and future generations. From investing in affordable multifamily developments, promoting the integration of affordable

CREJ

February 10, 2017

What would fit inside the 1144 Fifteenth office tower? [Infographic]

by John Egan LawnStarter Lawn Care Denver The landscape of downtown Denver is undergoing a mountainous change. Construction is underway on 1144 Fifteenth Street, a 671,101-square-foot office tower on 15th Street between Arapahoe and Lawrence streets. The 40-story structure is set to be completed in late 2017. In honor of what will be the fifth tallest building…

CREJ

February 8, 2017
Gregory Street, Black Hawk

Black Hawk eyes development renaissance

How does a historic mining and mill town of less than 2 square miles become a destination for more than 20,000 visitors daily and a gaming hub that contributes $88 million annually in taxes to the Colorado economy? With the indomitable spirit and unwavering

CREJ

February 6, 2017
Element hotel

Avison Young sells Golden Triangle lot for new hotel

Avison Young handled the sale of 1350 Elati St., a 0.68-acre site at 13th Avenue and Elati in the heart of downtown Denver’s Golden Triangle neighborhood for development of an Element hotel. Avison Young Principal Rick Egitto represented the seller, 1350 Elati LLC, in the transaction. A private entity, 1350 Elati LLC sold the site for $3.6 million to…

CREJ

February 3, 2017

Edited by the Colorado Real Estate Journal staff.