Downtown Denver
DevelopmentMultifamilyOfficeReportsRetail

Downtown Denver Partnership’s 2019 Economic Forecast

DENVER — According to the 2019 Economic Forecast Report released by the Downtown Denver Partnership (DDP), downtown Denver’s economy continues to perform exceptionally well. Companies and their employees continue to flock to downtown at a pace well above national, state and regional growth. Downtown jobs are providing people higher-paying job opportunities; …

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BrokerageInvestmentMultifamilyReports

Apartment Sector Sustains Positive Outlook, says Marcus & Millichap

DENVER – Marcus & Millichap recently released its 2019 Multifamily Investment Forecast Report that includes metrics and analysis of 50 metros across the U.S. and Canada. According to the report, accelerating household formation, underpinned by the tight labor market, will continue to support rental demand in 2019. Evolving recruiting practices and shifting demographics …

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Reports

Colorado Springs Ranked a Top City to Find a Job in 2019

COLORADO SPRINGS — With the unemployment rate at an eighteen-year low of 3.7 percent and employers expecting to hire 16.6 percent more college graduates from the Class of 2019 than from the previous graduating cohort, the personal-finance website WalletHub just released its report on 2019’s Best Places to Find a …

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BrokerageOfficeReports

Denver Law Firms Adopting More Efficient Space Strategies

DENVER – Law firms in Denver are shedding surplus space, increasing efficiency and migrating across downtown, according to CBRE’s 2018 North American Legal Sector Trends Report. Denver recorded 283,848 square feet of law firm space transactions from Q3 2017 through Q2 2018. Of these transactions, 47.2 percent were contractions, 28.6 percent were expansions, 20.2 …

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Reports

Cushman & Wakefield’s Latest Blockchain Report Shares Insight on Implications for Real Estate Industry

Cushman & Wakefield has released insights on how blockchain, the $945 million-dollar technology underlying cryptocurrencies, will impact the commercial real estate sector around the globe. Cushman & Wakefield’s latest research, Blockchain, Bitcoin and Real Estate – Part 2 of the Tech Disruptor Series, takes a deeper dive into the industries …

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ConstructionReports

Saunders Publishes 8th Consecutive CSR Report

ENGLEWOOD – Saunders Construction, Inc. recently published its eighth consecutive Corporate Social Responsibility (CSR) Report for 2017. This report stands as a testament to Saunders’ continued investment in aligning its economic, environmental and social goals, reaffirming the organization’s commitment to the betterment of standards within the industry and the footprint they leave …

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OfficeReportsTechnology

Denver Benefits from Tech Firm Migration, says CBRE

DENVER – Technology companies based in the top four tech headquarters markets—the San Francisco Bay Area, Seattle, Boston and New York—are expanding into new markets, creating more demand for office space and driving office rent growth in the beneficiary markets, according to CBRE’s annual Tech-30 report, which measures the tech industry’s impact on the …

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DevelopmentReports

CRE 12-month Sentiment Highest Since 2016

The Fall 2018 reading of the NAIOP Sentiment Index registered at 0.66 – the highest posted since the survey began as respondents indicate that the fundamentals underpinning commercial real estate will be stronger in 12 months than they are today. The survey is a composite of nine survey questions that …

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MultifamilyReports

Metro Denver Apartment Rents Down in Q3

DENVER — According to a report published this week by the Apartment Association of Metro Denver, average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in rent decreases during the third quarter. Vacancy rates in metro Denver also fell slightly. “Average …

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OfficeReports

Denver Coworking Trend Projected to Continue in 2019

DENVER – It’s no secret that Denver coworking space is experiencing explosive growth and Cushman & Wakefield’s Q3 Co-Working Report suggests that the Mile High City can expect the trend to continue in 2019. According to the report, at the beginning of 2015, there was only 21,381 square feet of coworking …

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