Economic Update February 2, 2021

Economic Update February 2, 2021

GPD According to the Bureau of Economic Analysis’ advance estimate, fourth quarter GDP grew at a seasonally and inflation-adjusted annual rate of 4.0% from the previous quarter. Despite a slowdown in improvement after the Summer’s initial snapback, Q4’s reading...
Recent Leasing Activity: Dec 2020- Jan 2021

Recent Leasing Activity: Dec 2020- Jan 2021

SVN | Denver Commercial is excited to announce the following lease closings: Denver & Surrounding Areas: 16677 Lowell Boulevard, Broomfield, CO 80023 Rocky Mountain Physical Therapy, Inc. has leased 1310 sq. ft. of office space at 16677 Lowell Blvd in Broomfield....
SOLD: 2627 10th St, Greeley, CO

SOLD: 2627 10th St, Greeley, CO

Greeley, CO January 29, 2021- SVN | Denver Commercial is pleased to announce the sale of 2627 10th St in Greeley. The 7000 sq. ft. office property was sold for $888,000. Cobey Wess with SVN | Denver Commercial’s Northern Colorado Division represented the Seller, Oscar...
Economic Update- January 15, 2021

Economic Update- January 15, 2021

Interest Rates The yield on a 10-year US Treasury Bill rose to 1.13% as of Friday, January 8th, 2021— the highest level since March 18th, 2020. The yield curve, a measure of interest rate differences between short dated and long-dated securities, has similarly...
Economic Update- Dec 30, 2020

Economic Update- Dec 30, 2020

New Stimulus Agreement Congress agreed to a $900B relief package on December 20th, and the legislation passed both chambers on December 21st. Assuming it is signed into law, the bill will include $600 direct payments to each adult plus an additional $600 per child per...