Denver Industrial Development Moves Full Steam Ahead
With e-commerce at an all-time high, the pandemic has proved to be a beneficial time for the Denver industrial sector. According to Newmark Q4 2020 Denver Industrial Market Report, annual net absorption totaled 2.3 million square feet, the highest of any asset class in Denver. And, moving into 2021, development is not projected to slow …
Emerging Trends in Real Estate 2021: ULI Report
By Katie Rapone, editor Mile High CRE The Urban Land Institute’s Emerging Trends in Real Estate® 2021 report highlights the trends shaping the real estate industry. The report, which includes proprietary data and insights from more than 1,600 leading real estate industry experts, explores how COVID-19 accelerated many existing trends …
Cushman & Wakefield Releases Q4 Office Marketbeat
Cushman and Wakefield has released its Q4 Office Marketbeat report for Denver that offers a cautious yet optimistic look at the office market entering 2021. Outlook Leasing activity and absorption is expected to continue to be slow in first quarter 2021 but is expected to accelerate each quarter thereafter. While sublease …
Denver a Top 10 Market for Development Opportunity
With an increase in construction expected later this year, Denver has been identified by CBRE as one of the top 10 markets for development opportunities. The Top 10 overall markets in CBRE’s inaugural Development Opportunity Index are: 1) Atlanta with a score of 83.81; 2) Dallas, 83.04; 3) Phoenix, 82.94; …
Colorado Among States Most Reactive to the Housing Crisis
A recent analysis of the housing crisis found Colorado to have the best overall homeless assistance in the nation. The report — from QuoteWizard by LendingTree, LLC — on states at the forefront of the housing crisis amidst the pandemic, takes a look at the rate of homelessness from 2018-2019, …
3 Colorado Suburbs Among Top 20 for Most Newly Built Apartments
The pandemic brought a newfound appreciation for suburban America, especially among renters working from home. With more apartment-dwellers embracing life outside of the crowded big cities, RENT Café wanted to see which suburbs are well equipped to receive new residents. According to the study, suburban Colorado delivered close to 21,700 new rentals since 2016. Three of …
FIRST LOOK: RLB Releases Q4 Construction Cost Report
Rider Levett Bucknall (RLB) has released its Q4 Cost Report (QCR) for North America, including data for Denver. Current to October 1, 2020 and featuring construction cost information for 14 U.S. and Canadian markets, the QCR provides a statistical view of the state of the construction industry, detailing indicative construction …
Study: Do Landlords Know What Renters Want?
The team at Millionacres, a real estate investing service by The Motley Fool, surveyed 1,500 renters and 136 landlords to find out if landlords really know what their renters want, and more specifically, if renters are willing to pay more for specific features in a rental property. According to the study, …
Denver Among Most Popular U.S. Cities for Office Adaptive Reuse
A study by CommercialSearch, the latest addition to the CommercialEdge network of marketplaces, takes a look at the trend of office adaptive reuse. 4,283 offices were created through adaptive reuse across the country in the past 100 years. Here are some key takeaways from the study: Denver office space grew …
Online Shopping Returns Putting Pressure on Industrial Market
The latest CBRE report takes a look at the impact online returns are having on the industrial market. Record e-commerce sales triggered by the pandemic will drive more returns of goods, stressing supply chains and increasing demand in the already tight industrial real estate sector. According to the report, e-commerce …