SVN Research & Reports
Economic Update – July 14, 2023
1. INFLATION The consumer price index (CPI) rose by 0.2% month-over-month and 3.0% year-over-year through June, according to the latest numbers from the Bureau of Labor Statistics. June’s monthly pace was a slightly uptick from May, but inflation continued to trend...
Economic Update – June 30, 2023
1. INTEREST RATE OUTLOOK Despite the Federal Reserve’s decision to hold rates constant at their June meeting, current market forecasts project an 81.8% chance that the FOMC will move forward with a 25-basis point hike in July, according to the Chicago Mercantile...
SVN Economic Update – June 16, 2023
1. FED INTEREST RATE DECISION On June 14th, The Federal Reserve announced a pause in interest-rate increases as it assesses the effects of its tightening efforts on the economy, holding the target federal funds rate at 5.0-5.25% while signaling the likelihood of...
Commercial Real Estate News
Recent Lease Transactions
SVN Denver Commercial Press Releases Denver & Surrounding Areas: 1401 Zuni, Denver, CO, 8020 Multisite LED, LLC, d/b/a Actuate Facility Technologies has leased 2155 sq. ft. of Office space at 1401 Zuni St in Denver. The Tenant was represented by Liz Leder. Josh...
Economic Update – September 29, 2023
1. INTEREST RATE DECISION/ECONOMIC PROJECTIONS At its September 20th meeting, FOMC officials left their benchmark interest rate unchanged, just their second pause since they began tightening rates in March 2022. Markets and onlookers were well-prepared for the...
SOLD: 9600 W Jewell Avenue in Lakewood, CO
Lakewood, CO, Sep 15, 2023 - SVN | Denver Commercial is pleased to announce the sale of 9600 W Jewell Ave in Lakewood, CO. The 12,466 sq. ft. Medical property was purchased for $ 2,110,000. Elizabeth M. Leder, Esq. with SVN | Denver Commercial represented the Buyer,...
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...