Denver Commercial Real Estate News
Recent Lease Activity – January 2023
SVN Denver January 2023 Press Releases Denver & Surrounding Areas: 18300 E 71st Ave, Suite 130 Denver, CO Sunland Group, Inc., a Texas corporation, has leased 2,409 sq. ft. of flex office at 18300 E 71st Ave, Suite 130 in Denver. The Landlord was represented by...
Economic Update – January 27, 2023
1. GDP Real GDP increased at a 2.9% annual rate in Q4 2022, according to the advance estimate by the Bureau of Economic Analysis. Economic output has slowed from Q3 2022, when real GDP grew at a 3.2% annual rate. While recession fears have amplified heading into 2023,...
SOLD: 78 N Precision Drive, Pueblo West, CO
Pueblo West, CO January 3rd 2023 SVN | Denver Commercial is pleased to announce the sale of 78 N Precision Dr in Pueblo West, CO. The 4,000 sq. ft. freestanding specialty building was sold for $750,000. Ryan Bengford with SVN | Denver Commercial represented the...
Talking Points
December 2022 Talking Points: The NoCO CRE Year Ends Much Like it Played Out all Year
$1 million was the sweet spot for December Sales, as private parties remained active and national investors took an early holiday in NoCOThe typical cap rate transaction last year in our region was between 6 to 7%. Institutional-grade properties sold in a lower...
November 2022 Talking Points: November CRE Sales Hit Slow Gear in NoCO
Retail Rent Growth Strong in NoCO Industrial Rent Growth Continues 10 year Rise in NoCOContact our advisors to see how they can help you with your property The tri-county (Boulder, Larimer & Weld counties) “NoCOCRE market had the slowest month in a long time in...
October 2022 Talking Points: Two Large Deals Showcase NoCO Property-Type Attraction to Investors
NoCO Vacancy Space Now at 3 Million Square Feet NoCO Sales Volume Slowing Down in Two Recent QuartersContact our advisors to see how they can help you with your property Despite the definite cooling off in CRE sales volume in our area, we still see some market trends...