Office absorbs a dual hit with COVID-19, oil prices

With the impact of COVID-19 still unfolding, much remains unknown about the future demand for office space. We know that downtown Denver’s office market was strong heading into the pandemic,

CREJ

June 22, 2020

Tenant strategies for office space post-COVID-19

Over the past 90 days, the economy, in Denver and nationally, has experienced severe impacts by the unexpected arrival of the COVID-19 virus. In addition to restaurants, bars, music venues and sports

CREJ

June 22, 2020

What will happen to office lease rates?

Are office lease rates dropping? I get some version of this question every day, from clients and colleagues as well as from friends and family who generally have little interest in the commercial real

CREJ

June 15, 2020

Takeaways from the 2020 State of Downtown report

Denver’s office market serves as a prime example of an industry sector that experienced great strength prepandemic and already is seeing great impact as remote work became mandatory for a vast majority of

CREJ

June 14, 2020

Rapidly increasing tax assessments hit real estate

As property values throughout Colorado continue to soar, property taxes now are higher than ever. Commercial property in Denver is taxed at a 29% assessment rate, multiplied by the mill levy.

CREJ

March 23, 2020

Rising construction costs impact capital markets

Denver is in the midst of strong development in nearly all commercial real estate asset types. In conjunction with high development demand comes increased, and still increasing, construction pricing.

CREJ

March 20, 2020

Keeping Denver on the menu

After enjoying consecutive years as one of the hottest markets in the country for investment and corporate real estate relocations and expansions, it appears there is a sense of market maturity among

CREJ

March 16, 2020

2020 vision: Economic forecast for metro Denver

Is our vision crystal clear or clouded by contradictory information in 2020? Slower growth in China and other key trading partners, tariffs and trade disputes, market disruptions due to COVID-19 and

CREJ

March 16, 2020

Technology sector influences creative office space

Over the past few decades, technology has grown explosively, becoming ubiquitous in our professional and personal lives. As an economic engine, the technology sector is potent – a fast-growing, high-wage,

CREJ

March 15, 2020

Denver on the cusp of becoming tier 1 tech hub

Denver has an incredible window of opportunity ahead of itself. Areas with high concentrations or clusters of rapidly growing tech firms have created economic growth and changed office market dynamics. Tech companies leased more than

CREJ

December 20, 2019