ReportsTechnology

Denver No.3 on RCLCO’s STEM Jobs Growth Index

Denver ranks 3rd on RCLCO’s 4th annual STEM Job Growth Index (“STEMdex”), released this week. The STEMdex highlights a number of metro areas commonly recognized as STEM (aka Science, Technology, Engineering, Mathematics) strongholds. The STEMdex tracks job growth momentum through an analysis of the 38 largest metropolitan areas in the country. The …

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MultifamilyOfficeReports

New Report Predicts Growing Shift from Urban to Suburban

Cushman & Wakefield recently released a report and complementing article on the growing shift to the suburbs, as COVID-19 changes the way people live. Per this insight, the discussion about office real estate has shifted from strictly urban to a broader range of alternatives including the suburbs. While it’s unlikely that occupiers …

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ReportsTechnology

Denver No. 7 for Tech Talent

Denver moved up one spot to No. 7 on CBRE’s Tech Talent Scorecard, part of its annual Scoring Tech Talent Report, which ranks 50 North American markets according to their ability to attract and grow tech talent. Tech labor concentration – or the percentage of total employment – is an influential factor …

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ConstructionDevelopmentReports

Construction Industry Survey Conveys Positive Outlook

The first annual Marcum National Construction Survey reflects a positive outlook for the current and future state of the industry, despite the COVID-19 pandemic. Influencing the optimism is the ability to secure financing for new projects and to find new sources for building materials, the respondents said. In addition, while job …

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MultifamilyReports

Colorado Springs 2nd Best U.S. Destination for Remote Work this Summer

Working from home is here to stay, at least for the foreseeable future, but some people are tired of feeling cooped up in their apartments and could use a change of scenery. According to RENTCafé, Colorado Springs is the 2nd best travel destination for remote work in the U.S., based on …

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OfficeReports

JLL Predicts 30% of Office Space will be Flexible by 2030

The flexible space market experienced significant changes as a result of the COVID-19 crisis, immediately reducing the need for short-term desks. JLL’s latest research shows the need for flexible space is not only here to stay, it’s likely to increase. predicting that 30 percent of all office space will be consumed …

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IndustrialOfficeReports

Metro Denver Industrial Holds Steady in Q2 as Office Market Activity Stalls

This week, CBRE released its Q2 reports for metro Denver’s office and industrial sectors. The Denver office market felt the impact of the recession brought on by the COVID-19 pandemic. For the first time in 13 quarters, the market saw negative absorption activity of 84,706 square feet in Q2 2020. Conversely, the …

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DevelopmentMultifamilyReports

Denver Rents Decline 1.4% in April and May

The COVID-19 pandemic has ended years of healthy multifamily fundamentals. Demand has weakened, and renters are increasingly looking for more inexpensive stock. After nearly a decade of solid growth, multifamily asking rents dropped 0.4  percent nationally in April and May, with twice as many metros seeing rents decline (71) as …

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DevelopmentReports

Denver 2nd Most Gentrified City, says Report

A study, from the National Community Reinvestment Coalition (NCRC), has identified new rankings for the most gentrified cities in the country. Denver is the second-most gentrified city in the nation, while San Francisco takes the top spot. According to the study, 27 percent of the Mile High City’s eligible neighborhoods gentrified between 2013 …

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OfficeReports

Cushman & Wakefield Release Workplace Report

To address COVID-19’s impacts on the workplace, Cushman & Wakefield has launched its ‘The Future of Workplace’ Experience per Square Foot™ report, which measures employee engagement and experience. Adapted for use with employees working from home, the report’s findings are based on 2.5 million data points from ± 50,000 respondents across …

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