Office developers: Please look closer at Golden
First, there’s the hard data: There is 3 million square feet of office space with Golden addresses. Office vacancy stands at 5.4% with a 5% rental rate increase over the last year. Golden has had a positive 78,000 sf of absorption in the past 24
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December 19, 2019How tariffs may stunt construction & leasing
Regardless of political leanings, American companies are girding for a rough ride if the tariff situation bleeds into the new year. After some 17 months, the Trump administration’s cat-and-mouse trade war with China shows few signs of resolution
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December 16, 2019Space invaders! Tech ‘aliens’ abduct office space
Snowflake, Robinhood, Freshworks, Checkr, Udemy, Snapdocs, Fastly, Pivotal, Slack, Salesforce, Gusto, Xactly. To the naked eye, this looks like a menu of available options for Playstation or XBox. To the Denver commercial real estate
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December 15, 2019The leasing vs. owning decision in today’s market
For office tenants that have had to stomach increasing lease rates, which are up a staggering 38% in metro Denver since they bottomed out in 2010, the idea of owning their own building or condo is
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September 22, 2019Amid warning signs, recession is not imminent
The U.S. economy reached its longest expansion phase in history in July, and Denver arguably has benefitted as much as any metro area in the country. Dubbed 2018’s best economy in the nation,
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September 22, 2019Modest supply to keep rental gains stable
Entering the second half of 2019, the tight labor market remains a primary driver of domestic growth; however, exceptionally low unemployment is restraining job gains, slowing first-half employment creation
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September 20, 2019Success of new, newly renovated Denver buildings
Office investors continue to ask themselves where they can find opportunity in the metro’s rapidly developing markets.
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September 15, 2019Elitch redevelopment to change Denver – but before the cycle ends?
In December 2018, Denver City Council approved a rezoning for the 62-acre parcel that is currently home to the Elitch Gardens amusement park, the first step toward realizing a massive urban reconfiguration that developer Revesco Properties is calling “The River Mile.”
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September 15, 2019Where are large blocks of urban office space?
Since the market began to rebound in 2011, Denver’s landscape has changed significantly, both economically and physically.
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September 15, 2019Boulder leasing and development activity continue
Over 5,000 students graduated from University of Colorado Boulder in May. If any of those grads wants to stay in Boulder, despite a 2.7% unemployment count between July 2018-March 2019, there were over
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June 24, 2019