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,
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June 22, 2020Tenant 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
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June 22, 2020What 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
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June 15, 2020Takeaways 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
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June 14, 2020Rapidly 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.
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March 23, 2020Rising 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.
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March 20, 2020Keeping 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
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March 16, 20202020 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
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March 16, 2020Technology 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,
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March 15, 2020Denver 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
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December 20, 2019