Economic Update – February 24, 2023

Economic Update – February 24, 2023

1. HOMEBUILDING SENTIMENT RISES According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading...
Recent Lease Activity – January 2023

Recent Lease Activity – January 2023

SVN Denver January 2023 Press Releases Denver & Surrounding Areas: 18300 E 71st Ave, Suite 130 Denver, CO Sunland Group, Inc., a Texas corporation, has leased 2,409 sq. ft. of flex office at 18300 E 71st Ave, Suite 130 in Denver. The Landlord was represented by...
Economic Update – February 24, 2023

Economic Update – January 27, 2023

1. GDP Real GDP increased at a 2.9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. Economic output has slowed from Q3 2022, when real GDP grew at a 3.2% annual rate. While recession fears have amplified heading into 2023,...
SOLD: 78 N Precision Drive, Pueblo West, CO

SOLD: 78 N Precision Drive, Pueblo West, CO

Pueblo West, CO January 3rd 2023 SVN | Denver Commercial is pleased to announce the sale of 78 N Precision Dr in Pueblo West, CO.  The 4,000 sq. ft. freestanding specialty building was sold for $750,000. Ryan Bengford with SVN | Denver Commercial represented the...
Economic Update – February 24, 2023

Economic Update: January 13, 2023

1. CPI INFLATION The Consumer Price Index (CPI) rose 6.5% year-over-year and just 0.1% month-over-month, according to the latest numbers from the Bureau of Labor Statistics — relatively in line with most industry estimates. The annual inflation rate has now fallen for...
Recent Lease Activity – January 2023

Recent Leasing Activity | December 2022

SVN Denver December 2022 Press Releases  Denver & Surrounding Areas: 1900 Wazee St, Denver CO VERUS COMMODITIES MANAGEMENT LP, a Delaware limited partnership, has leased 1,037 sq. ft. of office space at 1900 Wazee St, Suite 1538, in Denver, CO. The Tenant was...