Northern Colorado lease rates on the rise

CBRE: The first half of the year sees rising lease rates in Northern Colorado’s office and industrial sectors, while retail development flourishes

Rising lease rates was a common theme across all of Northern Colorado’s commercial real estate sectors, according to CBRE’snewly released first half of 2018 MarketView reports. But while the office and industrial markets both saw new development stymied by increased construction costs, retail development reached nearly 675,000 square feet underway at the year’s midpoint, already far surpassing 2017’s year-end total.

Edited by the Colorado Real Estate Journal staff.