SVN Research & Reports
Economic Update – October 24, 2024
1. ECONOMIC ACTIVITY REMAINS STEADY According to the October 23rd release of the Federal Reserve’s Beige Book Summary of National Economic Activity, activity has changed little in nearly all districts since early September, though two districts have reported modest...
Economic Update – October 10, 2024
1. SEPTEMBER JOBS REPORT The Bureau of Labor Statistics (BLS) reported that the US added 254k jobs in September, drastically defying expectations following a summer of worsening labor market conditions. The consensus forecast from economists heading into the data...
Economic Update – September 27, 2024
1. FED INTEREST RATE CUT The Federal Reserve cut its primary policy interest rate by 50 basis points (bps) in September to a target range of 4.75%-5%, the first interest rate reduction since policymakers began their fight against post-pandemic inflation in March 2022....
Commercial Real Estate News
SOLD – 4206 – 4208 W 38th Avenue, Denver
Denver, CO SVN | Denver Commercial is pleased to announce the sale of 4206 – 4208 W 38th Avenue in Denver. The 3,895 sq. ft. flex space was sold for $1,250,000. Elizabeth Leder, Esq. with SVN | Denver Commercial represented the seller, Clear Sky Realty, LLC. Anna Hew...
Recent Lease Transactions
Denver & Surrounding Areas: 909 Bannock Street, Denver, CO Chef Daniel Young has leased 2,558 sq. ft. of retail space at Parq on Speer, a luxury apartment community at 909 Bannock St in. Chef Daniel Young is opening a new restaurant, Hamba, that is set to be a...
SOLD: 3800 Quitman St, Denver
SVN | Denver Commercial is pleased to announce the sale of 3800 N Quitman in Denver. The 2,626 sq. ft. retail space was sold for $1,500,000. Elizabeth M. Leder, Esq. with SVN | Denver Commercial represented the seller, Arlene L. Ancker. Eric Fritzke with Keller...
Northern Colorado Talking Points
Talking Points – Investors (Finally) Step Up in July 2024 NoCOCRE Sales Transactions
10 year NoCOCRE Availability continues at its highest rates, at over 5 million SF 10 year NoCOCRE Sales Price to Asking Price at a 10 year low of -10%Contact our advisors to see how they can help you with your property For a change of pace, mostly local investors...
Talking Points – Specialty Real Estate Features in June NoCOCRE Sales Transactions
NoCOCRE Vacancy Rate Now at 10 Year High Rate NoCOCRE quarterly Construction Starts at 10 year Low RateContact our advisors to see how they can help you with your property It’s not often that an airplane hangar leads as our top commercial sale of the month for the...
Talking Points – NoCOCRE sees another slow month, but also sees a rise in contract activity
Market cap rates in NoCOCRE have risen to close to a 10 year high Almost 150 basis point difference in cap rates based on property quality in the NoCO regionContact our advisors to see how they can help you with your property Our Boulder, Weld and Larimer county...