Lee & Associates 2Q 2016 Office Market Review
Denver office rents continued to climb in the second quarter [vc_column width="1/3"][vc_column width="1/3"]
CREJ
July 15, 2016Potential oil & gas setback initiative could cost Colorado up to 100,000 jobs and billions in GDP
A proposed 2,500-foot setback for new oil and gas wells in Colorado could result in the loss of up to 54,000 jobs over the first five years and up to 104,000 jobs over 15 years, according to a new study released today.
CREJ
July 14, 2016Modernization of ORs leading to renovations
Advanced technologies in health care surgical suites are driving modernizations in design and subsequent changes in construction.
CREJ
July 13, 2016FAA releases long-awaited final rules for commercial drones
In what might be considered record-setting time for a major federal rulemaking, the Federal Aviation Administration has released the final rules under Part 107 of the Federal Aviation Regulations governing the Operation and Certification of Small Unmanned Aircraft Systems for commercial purposes.
CREJ
July 5, 2016Know these out-of-pocket risks for hail damage
Some properties, whether an office complex, multifamily housing complex, manufacturing facility or other, sustain frequent damage for various reasons, including hail.
CREJ
July 4, 2016Talk about a generation: Millennials driving Denver’s growth
Here we are closing in on the middle of 2016 and the Denver real estate market is hotter than ever.
CREJ
July 1, 2016Significant new supply headed to many major U.S. hotel markets
Many of the top U.S. hotel markets realized record performance figures in 2015, continuing an upward trend that has brought about an unprecedented amount of proposed hotel supply. HVS’ annual Hotel Market Connections conference series, which concluded June 16, also revealed insights into supply, demand, performance and transaction dynamics for the first half of 2016.…
CREJ
June 27, 2016JLL: Office space commands top dollar, but rent growth expected to moderate
Rents for the office buildings that make up the Denver’s skyline have jumped into record territory in 2016 — an average of $40.06 per square foot, 9.7 percent higher than the first quarter of 2015. And rents for trophies (those ultra-premium office towers within the skyline) are even pricier at $42.83 per sf. But JLL’s…
CREJ
June 22, 2016Do offices with higher densities need more parking?
How can I add more parking spaces? It’s a question I hear frequently from office building owners, developers and property managers. Office building densities are rapidly increasing
CREJ
June 20, 2016Energy sector still impacting office market
From an office market perspective, last year was characterized by significant changes in the energy sector, as the industry grappled with a sustained depression of global oil prices.
CREJ
June 14, 2016