Cushman & Wakefield Report Reveals Denver’s Coolest Streets
Cushman & Wakefield’s latest COOL Streets 2019 Report explores how a new wave of urban, experiential and independent retail concepts catering to changing consumer demands, has led to the rise of 100 “Cool Streets.” The report includes two of Denver’s hottest neighborhoods: Lower Highlands (LoHi) and RiNo and details retail trends, rent range, demographics …
Denver Poised for Data Center Industry Growth
Denver’s data center industry remained in a holding pattern in H1 2019, according to CBRE’s latest U.S. Data Center Trends Report. While Denver’s data center market recorded only 0.5 megawatts (MW) of net absorption in H1 (compared to 1.8 MW in H1 2018), the market has the potential to grow an additional 40 …
U.S. Green Building Council Report Shows that Climate Action Requires Putting People First
With Climate Week upon us, we realize that elevating the role the building industry needs to play in the climate discussion is more important than ever, but the building sector’s work has struggled to rise to the top of conversations. Why aren’t Americans demanding greener homes, offices and schools? The second …
Denver 2nd in U.S. for CRE Investment, Survey Reports
DLA Piper, a global law firm with lawyers located in more than 40 countries, recently released its Global Real Estate Annual State of the Market Survey that examines the sentiment and predictions of real estate leaders across the U.S. and internationally. DLA Piper concludes that following the longest economic expansion …
Denver and Aurora Among Top 10 Most Dynamic U.S. Cities
Denver and Aurora rank 3rd and 4th in the nation’s top 10 most dynamic urban centers, according to Point2 Homes most recent report ranking 150 biggest U.S. cities. To identify the nation’s top performers in terms of growth and progress, the report looked at 18 factors grouped into four main dimensions …
Denver Apartment Supply Decreases in 2019
RENTCafé.com, a part of Yardi, has released its annual report on apartment construction, in which the nationwide apartment search website analyzed the numbers of new deliveries in 134 metro areas. Despite the strong demand for rentals, 2019 marks the second year of slowdown in terms of apartment completions nationwide. Having …
Denver a Top “Sell” Market for Office Space
Ten-X Commercial, the nation’s leading transaction platform powering 90 percent of all online commercial real estate sales, just released its Summer 2019 Office Market Outlook which names Denver a top ‘Sell’ market. When compared to Nashville, Dallas, Austin, and Chicago – the four other top ‘Sell’ markets – Denver is expected to …
2019 is “The Year of the Food Hall”
At a time when headlines about the retail sector remain dominated by stories of closures and bankruptcies, food halls have emerged as one of the hottest growth trends — spurring real estate trade journal Globe Street to declare 2019 as “The Year of the Food Hall.” But what began as …
Rents Losing Steam, says Colorado Rent Report
With 2019’s rental season well underway, apartment prices across the country are starting to lose steam. In Colorado, only two out of the 22 cities analyzed (Parker and Colorado Springs) saw MoM growth of more than 1 percent, according to Rent Café’s National Rent Report. Key takeaways: The national average rent …
Absorption Totals Outpace Construction; Tight Labor Market Supports Workforce Housing
Multifamily demand remains strong despite tightened mortgage rates, according to Marcus & Millichap’s 3Q19 Multifamily Market Report. The Denver metro has one of the nation’s 10 largest affordability gaps between renting and owning, persuading many to choose apartment living rather than homeownership. There is an $880 difference between the average effective rental payment and …