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Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

Tri-County Vacancy Rate Rising since Start of Year The Vacancy rate has crept up to 6% after a year of low to mid 5% rates Sublet Space in Region has Doubled since Last Year Sublet offerings can explain half of the rise in vacancies this year Contact our advisors to...
Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

Talking Points: Significantly Slower Transaction Activity in NoCO CRE

Six Months of Below Average Leasing Activity Almost 50% More Listings on Market Compared to Last Year Contact our advisors to see how they can help you with your property April displayed all the slow down of the general economy in the reduction of transactions in the...
Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

Life Changes As We Know it in #NoCOCRE

Private Owners are Selling Private owners have been net sellers so far this year. They have sold almost $200 million more than they have bought as a class of property owner. Either it was a sign of locking in gains, or exiting while the market still had demand and...
Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

All Property Types are in demand in our tri-county NoCO region!

Market Cap Rates at 10-year Low Projects Under Construction at 10-year Low Overall availability of space always runs a few points higher than vacancy, as certain tenants are planning to vacate, but still occupy the space. In our market this appears to be 2-3% higher...
Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

Northern NoCO CRE Property Leases and Sales Kick Off 2020

More Speculative Building Occurring? Over the last two years, new buildings are occupied at a lower percentage than the historical average of about 60% – meaning that developers are starting to speculate on the market Availability Compared to Vacancy Overall...
Despite Slow May, Tri-county NoCOCRE region has Underlying Strength

Institutional Buyers Finish up 2019 Strong in NoCO CRE Sales

Download .pdf version Market Not Overbuilt Despite delivering over 5 million square feet a year on average to the tri-county market over the past 5 years, vacancy rates fell about 50 basis points (5.5% down to 5%). Record CRE Sales Volume for Region For the first...