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, 2017Transwestern releases latest Market Watch reports
The Denver retail market absorbed 2.3 million square feet year to date, according to Transwestern's latest reports on the retail, office, industrial and flex markets. The retail vacancy rate decreased, as did the average asking rate.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]
CREJ
December 13, 2016CBRE Research: Retail sales up; industrial absorption continues
Retail development remained strong in the third quarter, with over 187,000 square feet delivering in the quarter and nearly 964,000 sf underway, according to CBRE Research. Retail investment volume picked up in Q3 2016, increasing more than 70 percent quarter over quarter. More $159.1 million traded hands during the quarter for an average of $270.78 per sf year to date.[vc_column width="1/3"][vc_column…
CREJ
October 17, 2016Transwestern releases third-quarter market reports
Asking rates for Class A office space slowed and direct vacancy ticked up in the third quarter, according to Transwestern's Third Quarter 2016 Economy Report. The Class A direct average asking rate was $30.61/sf, down from $30.76/sf in the second quarter. The Class B direct average asking rate was $22.45/sf up from $22.36/sf. The overall direct average asking rate was…
CREJ
October 12, 2016CBRE: Northern Colorado commercial real estate strong across the board
Overall fundamentals in Northern Colorado's commercial real estate market are encouraging with record or near-record low vacancy rates and positive net absorption in all three sectors: Record low vacancy and availability indicates demand for new office space. Near record low vacancy elevates industrial lease rates. Direct retail vacancy declined to 3.6%, 10 basis points off the…
CREJ
August 31, 2016Avison Young releases Office Research Report
The energy industry, now entering into the third year of a downturn, is beginning to dampen absorption gains as oil and gas tenants continue to downsize. Energy companies occupy roughly 11% of office space in the CBD- enough of a footprint to have an impact on the market without derailing the positive momentum of downtown.…
CREJ
August 31, 2016CBRE: Sublease availability remains elevated in downtown Denver
The Denver office market remained healthy in Q2 2016 as key fundamentals continued their positive trend, according to CBRE. Although the market saw sublease availability increase to over 2.5 million square feet - surpassing 2008 levels, but below the 2009 peak - positive net absorption of 308,772 sf occurred in the quarter. Class A space in the Aurora, southeast and northwest submarkets attributed to the positive net absorption…
CREJ
July 21, 2016CBRE: 1.5 million sf delivers as investment sales pricing skyrockets
For Q2 2016, the Denver industrial market experienced stabilization in key fundamentals while continuing to see strong investor demand land pricing, according to CBRE. The strength of the local and regional economy along with rapid population growth continues to drive expansion of this cycle’s key industrial demand drivers, such as food and beverage production and construction materials industries in addition to the…
CREJ
July 21, 2016Lee & 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, 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, 2016