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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MultifamilyReports

Denver a More Affordable Tech Hub

A new study suggests that even high-earning technology professionals are having a hard time keeping up with rising rental costs. According to RENTCafe.com study on emerging tech hubs, the most recent BLS data revealed that IT wages in the Denver metro saw a 7.2 percent increase, while rents went up by 9.4 percent. However, …

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BrokerageDevelopmentReports

Denver Among Top 10 U.S. Markets for 2018 Data Center Leasing Activity

DENVER – The Mile High City saw the ninth-most data center leasing activity in the U.S. in 2018, according to CBRE’s latest U.S. Data Center Trends Report. Denver saw 4.7 megawatts (MW) of net absorption in 2018, down just 0.3 MW from 2017. Despite 4.0 MW of new capacity added in 2018, the …

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MultifamilyReports

Rental Rates in Denver Ahead of National Average

According to RealPage, a Texas-based real estate software firm. a recent RealPage Asset Optimization webcast revealed that rental rates in Denver are at a national high. Back in 2010, effective monthly rents in Denver were $800 on average, roughly 17 percent below the national average. By the end of 2018, monthly prices in …

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DevelopmentInvestmentReports

Colorado Counties Among Top 50 for Opportunity Zone Investment

Opportunity zones have garnered a lot of media and investor attention recently, which is why COMMERCIALCafé decided to compile a list of the U.S. counties with the highest opportunity zone investment potential. The study narrowed down and analyzed 306 counties and have allocated points for the following indicators: employment, GDP, population …

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IndustrialMultifamilyOfficeReportsRetail

Denver a Top Target for Commercial Real Estate Investment

DENVER — A recent survey of commercial real estate investors ranked Denver as a top target among Americas metros. Denver advanced for the third year in a row, jumping two spots to tie with Atlanta at No. 5 in CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found …

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BrokerageHealthcareReports

Denver a Top Emerging Life Sciences Hub

DENVER – The U.S. life sciences industry and the real estate that it occupies have ridden a wave of momentum into this year that has positioned Denver as a top five emerging market, according to a new report from CBRE. Numerous indicators point to robust expansion for the industry, including the 86 …

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BrokerageIndustrialMultifamilyOfficeReportsRetail

Continued Cap Rate Stability Expected in H1 2019, Predicts CBRE

DENVER – Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018, according to the latest research from CBRE. The CBRE North America Cap Rate Survey provides insights on movements for the major property asset classes. …

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