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Market Trends & Commentary | Mid-Year 2017

  • July 21, 2017
  • Quarter Report
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Market Trends & Commentary

 

By Steve Kawulok, Managing Broker for SVN/Denver Commercial

 

2017 Mid-Year
Northern Colorado Commercial Real Estate Report
for Boulder, Larimer, and Weld Counties.


From the Author: Summary:

  • Boulder represented half of the tri-county northern CO commercial real estate volume by itself. With several portfolio sales, such as the $101 million JP Morgan purchase of three downtown office properties, and the Flatiron Business Park $148 million sale, the larger deals clearly were transacted in Boulder.
  • Fort Collins was no slouch either, led by a $55 million portfolio sale at Prospect East office campus. Similarly, Longmont featured in a $70 million portfolio sale of the Campus at Longmont flex building park.
  • In all, the mid-year activity is on track to match last year’s $2.5 billion sales mark.
  • Leasing activity slowed from the previous years pace. Still, over 2.5 billion SF of activity occurred throughout the region.

To read the report in it’s entirety, Download the PDF version of this report.

View previous Market Trends & Commentary Quarterly Reports.

 

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