Denver Lands Top Spot for STEM Job Growth
STEM jobs (an acronym for Science, Technology, Engineering, and Mathematics) have certainly played a critical role in helping to counter and/or live with the impacts of COVID-19. RCLCO Real Estate Consulting, a leading national real estate advisory firm, has announced the results of their 2021 STEM Job Growth Index (STEMdex), …
Denver Industrial Market on Track to Set Record as Office Looks to Recover
CBRE just released its Q3 reports for metro Denver’s office and industrial sectors. Industrial net absorption and delivery volume are both on track for the highest annual totals on record, while leasing and investment sale momentum is pacing the office market toward recovery. Metro Denver Q3 Office Highlights Metro Denver posted 194,000 …
Big Tech Commits to Office, Report Says
CommercialEdge just released its October national office report, analyzing the U.S. office market’s performance through September 2021. While there has been plenty of uncertainty around how remote work will continue in the post-pandemic world, tech giants have signaled that offices will play a significant role in their future through the purchase, construction …
New Crane Index and Quarterly Cost Report from RLB
International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide an eye-opening perspective on the North American construction industry in 14 key markets, including Denver. With data current to July 1, 2021, the latest RLB …
Denver Office Market Delays Return as Delta Variant Renews Uncertainty
While activity at the beginning of the quarter was slow, September saw a return to the increased activity seen in the previous quarter. However, according to Newmark’s Q3 Denver Office Market report, the rise of the Delta variant has once again brought uncertainty for some tenants. Many have delayed their return to the …
Majority of Office Workers Expected to Return in Q1 2022, Report Says
According to a new study, 40 percent of the workforce has returned to the office as of September and the majority is expected to return in early 2022. The new report, Predicting the Return to the Office, conducted by Cushman & Wakefield’s global research team, analyzes office return data from …
Denver on Pace to Set Record for Industrial Net Absorption
CBRE has released a new report that predicts that the U.S. industrial market is on pace for a record leasing volume with activity through July 2022, reaching 587 million square feet—52 percent more than the year-earlier period. Sharply higher transportation costs—which are rising faster than rental rates—is helping to fuel this robust …
High Quality Office Assets Driving Up Rates in Denver
CommercialEdge just released its September national office report, analyzing the U.S. office market’s performance through August 2021. Average listing rates often reflect the quality of assets being offered in the market rather than underlying fundamentals. A case in point is Denver, where rates have increased 3.3 percent over the last year …
Cap Rates to Remain Stable Across Property Types Through Year-End
A new CBRE survey finds that more than two-thirds of real estate investors exhibited increased risk appetite in H1 2021. Investors now broadly expect cap rates to remain stable or compress across most property types through the end of the year. Capitalization rates—usually called cap rates—measure a property’s value by …
Q&A with Rick Pederson, Vice Chairman of Bow River Capital
The U.S. economy at midyear is booming, but costs are moving just as fast. U.S. CPI jumped 0.9% on both the headline and core rates in June, surprising many. The June monthly headline is the largest surge since 2008, while the core reading is the biggest gain since late 1981, according to …