Commercial Real Estate News
SVN Economic Update – January 26, 2024
1. GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP...
December 2023 Talking Points: Slow Year in NoCO CRE Ends with Calendar Beating Investment Deals
2023 NoCOCRE sales pale in comparison with two previous years85% of 2023 NoCOCRE sales were under $3 millionContact our advisors to see how they can help you with your property With another mild transaction month, private investors dominated the higher end sales in...
Economic Update – January 5, 2024
1. DECEMBER JOBS REPORT US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell...
Northern Colorado Talking Points
May 2022 Talking Points: Large Deals Feature in a Very Active May for NoCO CRE Sales Transactions
Rent Growth Still Positive thus far in 2022 Tri-County Market Rent Growth More Vacant Space than We’ve had in a Decade, Though the Overall Vacancy Rate is Still “Healthy” at 5% Rate Tri-County Vacant Space Contact our advisors to see how they can help you with your...
February 2022 Talking Points: Rising Values and Demand Driving NoCO CRE Development and Investor Interest
Deliveries & DemolitionsIncreasing NoCO trend of redevelopment shown through increase in demolition of older propertiesNoCO Under Construction on the RiseNoCO CRE rebound from Covid period shown as under construction rising to 3 year highContact our advisors to...
December 2021 Talking Points: Tri-County – Boulder, Larimer and Weld – Area Topped $4 Billion in CRE Sales for First time in History
Tri-county Market Rents Climb up again in 2021 as Covid impact lessensTri-county Sales Volume roars back in 2021 to Record LevelsRegion featured over 100 sales per month, with over 7% of all properties selling during the yearContact our advisors to see how they can...