Industrial Construction Update: Is the Market at Risk for Oversupply?
Cushman & Wakefield today released its national Industrial Construction report, showing demand losing speed as construction completions peak, setting the stage for a return to a more balanced market. Though Q1 2023 new construction deliveries are up 40% from this time last year with 129.0 million square feet (msf) coming …
BranchPattern Releases 2023 Benchmark Study on Embodied Carbon in US Industrial Real Estate
BranchPattern, a national sustainability and engineering firm, has released its highly anticipated 2023 Benchmark Study on Embodied Carbon in U.S. Industrial Real Estate. In partnership with five major industrial real estate developers (Affinius Capital, Bridge Industrial, Brookfield Properties, IDI Logistics, and Prologis), the study reviewed how the industry is defining …
Colorado Named the Most Expensive US State for Renters
According to MovingFeedback — which analyzed data from Zillow.com to find the U.S. states with major metropolitan statistical areas (MSA) that have seen the highest increase in average rent prices over the past three years — Colorado has been named the most expensive U.S. state for renters. Colorado has seen …
B:Side Capital Honors Collegiate Peaks Bank with its 2022 Emerging 504 Bank Award
B:Side Capital, a mission-based nonprofit small business lender, has awarded Collegiate Peaks Bank with the Emerging 504 Bank Award, highlighting its dedication and partnership in Small Business Administration (SBA) lending. Every year, B:Side Capital recognizes its partner lending institutions that have gone above and beyond to support the small business …
CBRE Survey: 65% of Companies Require Employees Return to the Office
CBRE has announced the results of its largest survey specific to office users, with 207 corporate real estate executives represented. According to the survey, companies are more proactive about office attendance than last year: 65% say they’re requiring in-office work at least some of the time. This is more than …
Denver’s Self Storage Market Saw Busiest Year on Record in 2022
One sector of Denver’s commercial real estate had a busy year in 2022 as spending on self storage space surged to $100 million. That’s according to StorageCafe’s most recent industry sales report which examines the state of the sales market and seeks to identify the top self storage markets based on …
Colorado Voters will Consider Tax Reductions on their November Ballot
The November ballot will feature broad-based property tax reduction proposals thanks to Colorado legislators. The referred measure, Proposition HH, also includes an expansion of Colorado’s Senior Property Tax Homestead Exemption, which will allow residents to downsize and keep their exemptions, as well as funds for rental assistance programs. As Colorado …
Denver Multifamily Market Fundamentals Improve, but Sales Activity Remains Limited
Northmarq has just released its Denver Q1 2023 Market Insights which includes market data, charts and graphs on current and historical trends for multifamily, employment, development, vacancy, rents and multifamily sales. Highlights: Multifamily property performance metrics strengthened during the first quarter. The year ahead will be an active one for …
Self Storage is Popular in these Colorado Cities
The self storage industry may not be considered glamorous, but nevertheless, its growth and resilience is a response to people’s very practical needs for extra space. Recent trends like the adoption of hybrid work, apartment sizes getting smaller, as well as migration patterns from urban to suburban areas have created …
West and Southwest Industrial Markets Register Record Demand for Industrial Space
Cushman & Wakefield’s new West/Southwest Industrial Labor Report highlights the key 15 metropolitan areas in close proximity to major industrial markets in the West and Southwest across California, Oregon, Washington, Idaho, Colorado, Nevada, Arizona, and Texas. It looks at the interplay between the supply and demand for industrial labor in …