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Market StatisticsResidential 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 four units, two of which...
By Jill Jamieson-Nichols -
Market StatisticsNorthern 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 both saw new development stymied...
By CREJ -
Market Statistics
Cushman & 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 all major North American markets,...
By CREJ -
Market Statistics
Marcus & 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. Read Report
By CREJ -
Market StatisticsDenver 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.
By CREJ -
Market StatisticsQuantum 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
By CREJ -
Headline News, Market StatisticsLee & 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. View Full Report
By CREJ -
Headline News, Market Statistics
CBRE 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 new industrial space was completed....
By CREJ -
Headline News, Market StatisticsCBRE 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 2015 to Q2 2017. Denver’s...
By CREJ -
Headline News, Market Statistics
JLL: 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.
By CREJ