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Economic Update- Dec 30, 2020
Economic Update- Dec 30, 2020

New Stimulus Agreement Congress agreed to a $900B relief package on December 20th, and the legislation passed both chambers on December 21st. Assuming it is signed into law, the bill will include $600 direct payments to each adult plus an additional $600 per child per...

Economic Update- December 18, 2020
Economic Update- December 18, 2020

Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% monthover-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...

Economic Update
Economic Update

Retail According to Moody’s Analytics / REIS reporting, signs of distress are spreading in the retail sector. The sector’s vacancy rate rose by 0.2% to 10.4% in the third quarter, reaching a seven-year high. Average asking rents declined 0.1% from the previous quarter...

October 2020 Leasing Activity
October 2020 Leasing Activity

    SVN | Denver Commercial is excited to announce the following lease closings: Denver & Surrounding Areas 8216 Park Meadows Drive, Lone Tree, CO 80124 Aerocare Holdings, Inc. has leased 3,647 sq. ft. of flex space at 8216 Park Meadows Drive in Lone...

CLOSED: 7660 Goddard, CO Springs
CLOSED: 7660 Goddard, CO Springs

Colorado Springs, CO – John Lutkewitte, Troy Meyer and Kevin Matthews are pleased to announce the sale of 7660 Goddard Street in Colorado Springs. The 14,819 sq. ft. office property was sold for $ 2,020,000. John Lutkewitte, Troy Meyer and Kevin Matthews with SVN |...

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