Economic Update – August 11, 2022

Economic Update – August 11, 2022

INFLATION The Consumer Price Index (CPI) rose by 8.5% year-over-year through July, but remained flat from the month before, according to the Bureau of Labor Statistics. It was the first time that inflation hadn’t increased on a month-over-month basis since May 2020. A...
SOLD: 2731 W 120th Avenue,  Westminster, CO

SOLD: 2731 W 120th Avenue, Westminster, CO

2731 W 120th Ave in Westminster CO sold on August 1, 2022. The 6,071 sq. ft. retail building sold for $2,360,000. Cobey Wess | Denver Commercial Northern Colorado District represented the Buyer, Oakview Shops, LLC. Pinnacle Real Estate Advisors represented the Seller....
Economic Update – August 11, 2022

Economic Update – July 29, 2022

GDP Real GDP declined by an annualized 0.9% in Q2 2022, according to the advanced estimate released by the Bureau of Economic Analysis (BEA). The decline follows a 1.6% annualized contraction in Q1, placing the US economy in a technical recession, though one has not...
SOLD: 2731 W 120th Avenue,  Westminster, CO

SOLD: 2020 Tower Road, Aurora, CO

Aurora, CO July 22nd, 2022 SVN | Denver Commercial, one of Colorado’s top producing real estate investment brokerage firms, is pleased to announce the sale of 2020 Tower Rd in Aurora CO. The 1.91 acre lot of Land sold for $1,450,000.  Jeff Heine and Bill Reilly with...