Residential developer steps into commercial market with $6.3M buy
A Denver townhome/condo developer is stepping into the commercial real estate market with plans to condominiumize a building he purchased in Inverness Business Park. A limited liability company managed by David Burcham of Sanctuary Properties bought a 54,770-square-foot flex building at 67 Inverness Drive East in Englewood for $6.3 million. The property is divided into…
Kris Oppermann Stern
January 6, 2019Northern Colorado lease rates on the rise
CBRE: The first half of the year sees rising lease rates in Northern Colorado's office and industrial sectors, while retail development flourishes Rising lease rates was a common theme across all of Northern Colorado’s commercial real estate sectors, according to CBRE’snewly released first half of 2018 MarketView reports. But while the office and industrial markets…
CREJ
October 15, 2018Cushman & Wakefield Tech Cities report highlights industry’s impact
Tech Cities 2.0 highlights tech industry's critical impact on commercial real estate Cushman & Wakefield released Tech Cities 2.0, an annual report that identifies existing and emerging tech centers increasingly driving the North American economy and details their impact on the commercial real estate sector. In its second year, the Tech Cities 2.0 report, reviewed…
CREJ
October 10, 2018Marcus & Millichap: Denver industrial market outperforms in pricing growth
Growing demand from major distributors, manufacturing firms and e-commerce giants has fueled a substantial expansion of Denver's industrial sector, according to Marcus & Millichap's midyear Industrial Research report.[vc_column width="1/3"][vc_column width="1/3"]
CREJ
October 10, 2018Denver retail market outperforms peer cities via new research
This report provides insight into Denver’s retail landscape, the Denver consumer base, and the latest trends sweeping the market.
CREJ
June 27, 2018Quantum Commercial shares Colorado Springs market forecasts
Quantum Commercial Group Inc. predicts vacancy rates in all commercial sectors will continue to slowly move downward in a positive manner. The firm anticipates record-low unemployment and is hopeful that the area will
CREJ
January 18, 2018Lee & Associates provides year-end office update
Denver's office vacancy rate stood at 10.5 percent at year-end, according to the report. Trends affecting the office market include rising commercial real estate taxes and construction costs.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
January 16, 2018CBRE Research releases quarterly reports on office, retail and industrial markets
New construction continued to be the story for Denver's industrial real estate market in 2017, CBRE Research said in its newly released reports on the Denver industrial, office and retail markets A total of 5.4 million square feet was delivered to the metro Denver market, the highest level since 2001, when 5.5 million sf of…
CREJ
January 14, 2018CBRE report: Tech growth equates to office rent growth
In a new report on primary U.S. technology markets, CBRE Research found that office rents increased in every submarket over the past two years, demonstrating stiff competition for space in the areas most in demand by tech companies According to CBRE, 13 of the top 30 tech markets achieved double-digit office rent growth from Q2…
CREJ
January 12, 2018JLL: Families keep back-to-school shopping simple
Majority of shoppers are budgeting $250 or less for the back-to-school shopping season and plan to shop at one to two stores.
CREJ
August 9, 2017