Colorado Commercial Real Estate News
Economic Update – October 15, 2021
1. Office Demand Demand for office space rose in August, following a sluggish July where the delta variant reduced the speed of growth across key economic indicators, according to the latest report from VTS. The VTS office demand index (VODI) rose by 3.65%...
September 2021 Talking Points : Retail Properties Take Most of the Action for NoCO CRE Sales During September 2021
NoCO Cap Rate History based on Property RankingOver the last 10 years, the top quality properties have maintained a 100 basis point higher selling price in terms of cap rates paid by investors.Contact our advisors to see how they can help you with your property Retail...
Economic Update – September 17, 2021
1. BEIGE BOOK - ECONOMIC ACTIVITY Economic growth downgraded slightly in July and August, according to the September release of the Federal Reserve’s Beige Book. Manufacturing, transportation, non-financial services, and residential real estate stood out as stronger...
August 2021 Talking Points: NoCO CRE had a Hot August Closing Month, as Private Investors Made their Mark
New Construction NoCOConstruction starts in NoCO for last two years is below that of 2014-2019NoCO 3 Year AbsorptionNoCO region starting to shake off the 2020 Covid era absorption lossesContact our advisors to see how they can help you with your property With almost...
Recent Leasing Activity: August 2021
SVN | Denver Commercial is excited to announce the following lease closings: Denver & Surrounding Areas: 1755 Dover Street, Lakewood, CO 80215 Mountain Phoenix Community School has leased 17,000 sq. ft. specialty space at 1755 Dover Street in Lakewood. The Tenant...
CLOSED: 3000-3012 Folsom Street, Boulder, CO
Boulder, CO - SVN | Denver Commercial is pleased to announce the sale of 3000-3004 Folsom Street in Boulder. The 3952 sq. ft. office property was sold for $ 2,100,000.00. Paul DiBona with SVN | Denver Commercial facilitated the transaction between Grylicki LLLP, the...