Commercial Real Estate News
Economic Update – February 23, 2024
1. INFLATION According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.3% month over month in January and 3.1% annually. The monthly pace of CPI rose above market expectations and triggered a brief reversal in equity markets. Fed officials have also...
SOLD: 13461 Bass Pro Drive, Colorado Springs, CO
Colorado Springs, CO, February 16, 2024 - SVN | Denver Commercial is pleased to announce the sale of a retail investment property located at 13461-13467 Bass Pro Drive in Colorado Springs. The 4,160 sq. ft. retail property was purchased for $3,100,000 and closed on...
Economic Update – February 9, 2024
1. FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing...
Northern Colorado Talking Points
September 2022 Talking Points – NoCO CRE Buyers Focusing on Smaller Properties
Sales Price DistributionSeptember featured smaller deals, as institutional investors pauseSales Price Per Square Foot DistributionMore than half the September deals priced over $200 PSFContact our advisors to see how they can help you with your property September...
July 2022 Talking Points: Institutional Trades showcase in NoCO CRE activity in July
2022 on Track to Top 2021 Levels in NoCO Regional CRE Sales5 Year Annual Sales VolumeSweet Spot for Most NoCO Buyers is around $400,000 to $5 million, but plenty of activity over $10 million as wellNoCO Sales Price DistributionContact our advisors to see how they can...
June 2022 Talking Points: NoCO CRE Sellers Find In-State Buyers as June Slows Down from Earlier Springtime Velocity
Retail Market Rents Holding on to the $20 PSF (triple net) Lease Rates in NoCO NoCO Retail Vacancy Healthy and Holding at Under 5% Rate Contact our advisors to see how they can help you with your property June was a relatively quiet month for our tri-county region in...