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SOLD – 7965 Fountain Mesa Rd, Fountain, CO 80817
Fountain, CO SVN | Denver Commercial pleased to announce the sale of – 7965 Fountain Mesa Rd in Fountain. The 3,552 sq. ft. retail space was sold for $1,975,000.00 at an impressive $556 per square foot, reflecting strong market demand for well-located retail assets....
SOLD – 1590 Briargate Boulevard, Colorado Springs, CO 80920
Press release – 1590 Briargate Boulevard, Colorado Springs, CO 80920 Colorado Springs, CO SVN | Denver Commercial is pleased to announce the sale of 1590 Briargate Boulevard in Colorado Springs, CO. The 1,665 sq. ft. retail sold for $1,310,000.00. Kevin Matthews &...
Southwest Region 2024 Q4 Perspective
Discover the latest happenings in the SVN Southwest Region Perspective! Stay informed about current trends and enticing commercial real estate opportunities in this flourishing region. Our seasoned team of professionals is dedicated to delivering valuable insights,...
SVN Research & Reports
Economic Update – February 9, 2024
1. FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing...
SVN Economic Update – January 26, 2024
1. GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP...
Economic Update – January 5, 2024
1. DECEMBER JOBS REPORT US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell...
Northern Colorado Talking Points
Life Changes As We Know it in #NoCOCRE
Private Owners are SellingPrivate 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...
All Property Types are in demand in our tri-county NoCO region!
Market Cap Rates at 10-year LowProjects Under Construction at 10-year LowOverall 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...
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...