Washington named market director for JLL’s Rocky Mountain Region

Paul Washington, executive director of the Denver Office of Economic Development, has accepted the role of JLL market director for the Rocky Mountain Region. Paul Washington “As head of the Denver Office of Economic Development, part of my mission was to provide resources to help Colorado businesses and communities thrive, and I see this new…

CREJ

March 14, 2017
Downtown Denver

Downtown: Large-block office space needed

Denver continues to capitalize on its strengths as a growing market with exceptional talent. We have diverse companies choosing to locate downtown and millennials taking advantage of an accelerating startup culture, heightening the focus on our city. Over the next five years,

CREJ

March 12, 2017

January jobs report far exceeds expectations

ob growth in January blew past expectations, with some analysts attributing the increase to “animal spirits” – a term coined by John Maynard Keynes to describe the willingness of households and businesses to spend and invest. Employers added 227,000 net new payroll jobs in

CREJ

March 12, 2017
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

Edited by the Colorado Real Estate Journal staff.