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 …


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 …


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 …


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 …

aerial view of Fort Collins downtown in sunrise light, shot from a low flying drone

Northern Colorado’s Retail Development on the Rise

FORT COLLINS — Rising lease rates was a common theme across all of Northern Colorado’s commercial real estate sectors, according to CBRE’s newly released first half of 2018 MarketView reports. But while construction is limited in office and industrial, new retail development is actually on the rise, reaching nearly 675,000 square feet underway …


Denver Well-Positioned for Industrial Labor Supply, Quality and Cost

DENVER –  A  new report from CBRE examines how the industrial sector is tackling labor shortages in response to the growth of e-commerce. The CBRE research team analyzed major, regional and emerging industrial hubs to identify some of the metro areas offering a good combination of labor supply, quality and cost, and …


Denver Office Market Absorption Slows, Says Savills Studley

DENVER — Savills Studley, the leading global commercial real estate services firm specializing in tenant representation, has released its 2018 Q3 Denver edition of the Savills Studley Office Market Report. The quarterly report is an in-depth compilation of office leasing statistics and trends, major transactions, submarket comparisons, employment data, and …


Tech a Key Driver for Denver CRE, Says Cushman & Wakefield

DENVER – Cushman & Wakefield recently released their annual report Tech Cities 2.0 that identifies existing and emerging tech centers increasingly driving the North American economy, and details their impact on the commercial real estate sector. In its second year, the report groups the top cities into three categories based on how important …

Holland Partner Group_Union Denver

Construction of High-End Apartments in Denver Looks to Increase

DENVER — Construction of high-end apartment buildings in Denver is on the rise according to data provided by Yardi Matrix. Denver Metro was among the most active metros in the high-end apartment sector last year — 74 percent of the apartments built in 2017 were luxury. Preliminary numbers from the first half of …


Colorado Springs’ CRE Markets Look Strong, Says CBRE

COLORADO SPRINGS – According to CBRE’s latest H1 MarketView reports, Colorado Springs’ retail, office and industrial markets performed positively in the first half of 2018. The retail sector saw a significant amount of space delivered to market and healthy positive absorption that served to offset store closures by two big-box retailers in the …