Almost half of the 167 million square feet of U.S warehouse space currently under construction—72 million square feet—is already precommitted to tenants, primarily e-commerce, third-party logistics and retail users, according to a new report from CBRE Group Inc. At 3.2 million square feet, Denver is ranked 10th in the nation for warehouse space under construction.…

Growth in Denver's economy and most commercial real estate product types will continue through 2017, according to CBRE Research's 2017 Denver Market Outlook. In the office sector, more than 2.2 million square feet of speculative construction is expected to deliver in 2017, 1.9 million sf of it in suburban markets. With just 26 percent of new product preleased at…

Denver didn’t quite make the Top 10 list in the latest Emerging Trends report released by the Urban Land Institute. Instead, Denver ranked No. 11 in the markets to watch in 2017. In the 2016 Emerging Trends report, Denver ranked No. 6. The report  — compiled annually by ULI and PwC based on interviews and…

This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]

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.[vc_column width="1/3"][vc_column width="1/3"][vc_column width="1/3"]

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.[vc_column width="1/3"][vc_column…

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…

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 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…

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…