SVN Research & Reports
Economic Update – October 27, 2023
1. GROSS DOMESTIC PRODUCT Real GDP rose by 4.9% during the third quarter of 2023, its fastest pace since the fourth quarter of 2021, according to the advanced estimate from the Bureau of Economic Analysis (BEA). Continuing the post-pandemic storyline, robust consumer...
Economic Update – October 13, 2023
1. SEPTEMBER JOBS REPORT The US economy added 336,000 new jobs in September, according to the Bureau of Labor Statistics, almost double the consensus forecasts. The unemployment rate remained unchanged at 3.8%. September’s employment growth was the highest since...
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...
Commercial Real Estate News
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...
SALE: 541 E Garden Drive, Unit O Windsor, CO
SVN | Denver Commercial is pleased to announce the sale of 541 E Garden Drive, Unit O in Windsor. The 4220 sq. ft. Flex property was purchased for $ 510,000.00. Cobey Wess and Wesley Perry represented the Buyer, E Garden, LLC. William Vaughn with Western Investment...
Northern Colorado Talking Points
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...
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...