DBJ Crane Watch_Denver
ConstructionDevelopmentIndustrialOfficeReportsRetail

Colorado No.9 in the U.S. for Commercial Real Estate Development

According to the new report “Economic Impacts of Commercial Real Estate,” published annually by the NAIOP Research Foundation, Colorado is currently the No.9 state in the U.S. for commercial real estate development, creating and supporting 102,845 related jobs and contributing $14.3 billion to the state’s economy in 2018 (the most recent …

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Downtown Denver
MultifamilyReports

U.S. Multifamily Rent Growth Slows Down

A new national report from Yardi® Matrix shows that U.S. multifamily rent growth in 2019, while steady, falls short of the levels seen in recent years. The average rent, which reached $1,442 in May, has grown $14 over the last three months. While that represents a year-to-date increase of 1.2 percent, …

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DevelopmentIndustrialReports

Denver Industrial Vacancy Rate Ticks Up in Q1 2019

DENVER — According to Transwestern’s national industrial market report for the first quarter of 2019, the overall vacancy rate for industrial buildings ticked up for the first time in nine years, to 4.8 percent. Despite the increase, due in large part to speculative construction projects delivered to the market, net …

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DevelopmentReports

2019 State of Downtown Denver Report Outlines Statistics, Accolades Behind a Thriving Downtown

DENVER — The Downtown Denver Partnership just released its 2019 State of Downtown Denver report. The report, funded in part by the Downtown Denver Business Improvement District, is the most comprehensive statistical looks at the stories and statistics behind a thriving Downtown Denver, detailing increasing investment, strong office market fundamentals, a …

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ReportsRetail

Retail Space Highly Coveted in Denver’s Urban Submarkets

DENVER — According to the latest Marcus & Millichap Retail Market Report, Denver’s retail sector will continue to outperform in 2019 as market fundamentals stick to their improving paths. Rent growth is on track to retain its stability, while vacancy is scheduled to decrease for the 10th year in row. During that time, the …

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OfficeReports

Denver No.9 Flexible Space Market in U.S., says CBRE

DENVER — CBRE’s latest coworking report ranks Denver as the ninth most flexible office space market in the U.S. (by square footage). Denver’s flexible space footprint grew 18 percent to 2.1 million square feet in 2018. Flexible space now accounts for 1.42 percent of Denver’s total office inventory. News of a …

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ConstructionDevelopmentOfficeReports

Denver’s CBD Office Market Strong as Tech Wave Continues

DENVER — As new tech talent continues to emerge around the Denver metro area, the office market looks strong and steady, according to Cushman and Wakefield’s 1Q Denver Office Marketbeat report. Competition amongst Class B buildings is as intense as ever and limited supply of quality large blocks of space, in excess of 200,000 …

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OfficeReports

8% Increase in Flexible Workspace Supply in Denver

DENVER — Supply of flexible office space has increased by 8 percent in Denver as businesses of all sizes look to secure agile office space in prime locations, according to a report by Instant Offices. Significant demand for serviced offices, and in particular hybrid space, has seen average desk rates …

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OfficeReports

Savills Releases 2019 Q1 Office Market Report

DENVER — Office availability continues to tighten in the Mile High City as asking rents maintain an upward trend, according to Savills’ 2019 Q1 Office Market Report. Overall space availability in Denver continues to decline, ending the quarter at 16.9 percent — a 180-basis-point decrease year-over-year. There is currently 3.5 million …

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EnergyReportsSustainability

Green Buildings Play Pivotal Role in Climate Action, says USGBC

Our buildings – schools, offices, grocery stores and more – are responsible for nearly 40 percent of carbon emissions today. Green buildings, like those that are LEED certified, are vital to addressing U.S. emissions, but only 11 percent of people associate green buildings with the environment and being green, according …

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