• Transwestern 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. Read Full Retail Report Read Full Industrial Report Read Full Flex Report Read Full Office Report

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  • CBRE 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. Read Full Retail Report Read Full...

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  • Transwestern 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 $26.25/sf, down from $26.40/sf at the...

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  • CBRE: 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 record low. Read Full Office...

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  • Avison 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. The space left behind by...

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  • CBRE: 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 this quarter. Read Full Report

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  • CBRE: 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 arrival of newcomer e-commerce. Read Full...

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  • Lee & Associates 2Q 2016 Office Market Review

    Denver office rents continued to climb in the second quarter Read Full Report

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  • Significant 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. As of June 2016, U.S....

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  • JLL: 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 2016 Skyline shows that rent...

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