Employment revision reports show considerably higher job growth
The annual benchmark revision of the Current Employment Statistics showed significant upward adjustments to annual employment for 2015 in Metro Denver, according to data released today by the Metro Denver Economic Development Corp.
CREJMarch 28, 2016
Strong employment, rising rents bode well for retail
Strong employment growth, decreasing vacancies and rising rents indicate a positive 2016 retail market, as demographic trends attract investors to the area, according to Marcus & Millichap. Marcus & Millichap’s 2016 Retail Investment Forecast provides these Denver observations:
CREJMarch 25, 2016
Commercial real estate wrap-up
Following are recent office and industrial transactions reported to CREJ. Office The General Services Administration renewed its lease for 19,076 sf at 56 Inverness Drive East in Englewood. Jeremy Reeves and Bill Woodward of Inverness Properties handled the transaction. Lerch Bates leased 12,985 sf at 9780 S Meridian Blvd., in Englewood. Jeremy Reeves of Inverness Properties LLC and…
CREJMarch 23, 2016
SkyHouse Denver time-lapse video
[vc_video link="https://www.youtube.com/watch?v=oBOlHr7l-q8"]SkyHouse Denver, being built by a joint venture between Batson-Cook Construction and Swinerton Builders, is targeting an August opening.SkyHouse Denver is a 26-story, cast-in-place luxury apartment building featuring 354 apartments, 460 structured parking spaces and 6,900 square feet of ground-level retail at 18th and Broadway. The project is being developed by Novare Group, Simpson…
CREJMarch 16, 2016
Taking speed to market one step further
“Be quick, but don’t hurry” are profound words by legendary University of California Los Angeles basketball coach John Wooden.
CREJMarch 14, 2016
Financial-tech firms alter financial services industry
For a rapidly growing worldwide phenomenon that is bringing about significant change within the financial services community, it is surprising that the term “FinTech” still is relatively unknown. At the confluence of finance and technology, FinTech is defined as “an economic industry composed of companies that use technology to make financial systems more efficient,” according to Wharton FinTech. The term can encompass a wide array of financial services ranging from payments, investments, financing, insurance and more. Companies
CREJMarch 14, 2016
Investment sales volume hits $10.3 billion
Plentiful capital, attractive market fundamentals and low interest rates contributed to more than $10.3 billion in Denver commercial real estate transactions during 2015, and 2016 should be another solid year for investments, according to CBRE Inc.
CREJMarch 7, 2016
Trends in action: Craig Hospital nears completion
After 51 months, with initial planning in winter 2012 and a target completion date set for late 2016, Craig Hospital’s $90 million expansion and renovation is nearing its conclusion. In addition, the hospital announced that it exceeded its $68 million fundraising target by $5 million.
CREJMarch 1, 2016
When will the music stop?
At the time of writing this article, the state of Colorado is still fresh off the Broncos’ Super Bowl victory over the Carolina Panthers.
CREJMarch 1, 2016
3 trends impacting medical office demand
Colliers’ analysis of the health care industry and its effect on commercial real estate in the U.S. points to a soaring health care landscape with expected increases in investment and further “retailization.” Colorado follows this national trend presenting a strong performance in 2015.
CREJFebruary 29, 2016