West and Southwest Industrial Markets Register Record Demand for Industrial Space
Cushman & Wakefield’s new West/Southwest Industrial Labor Report highlights the key 15 metropolitan areas in close proximity to major industrial markets in the West and Southwest across California, Oregon, Washington, Idaho, Colorado, Nevada, Arizona, and Texas. It looks at the interplay between the supply and demand for industrial labor in …
Rigid Zoning Rules Driving Up Rents in Colorado
As the Colorado legislature considers legislation to update zoning and land use regulations to allow for more housing, a new analysis by The Pew Charitable Trusts found that rigid zoning and strict land use policies have contributed to a 31% rise in Colorado rent prices between January 2017 and January …
Denver Office Development Remains Static in Q1
According to CBRE’s Q1 reports, the downtown Denver office market experienced subdued demand in Q1 driving slow leasing velocity and another moderate rise in vacancy. The Southeast Denver office market fundamentals remained stable, while investment sales and development hit zero. Q1 Downtown Denver Office Negative 97,300 sq. ft. of direct …
Dairy Block Welcomes Two New Retailers
SwitchWood and Love Weld are the latest retailers to join LoDo’s Dairy Block. SwitchWood was founded in 2014 by Denver artist and designer Drew Storm Graham. Combining Graham’s passion for woodworking & fine art, SwitchWood incorporates unique materials into wearable accessories, including sunglasses, interchangeable wooden bowties, watches, cuff links, flasks, …
Colorado Ranks Eighth for Highest Total Number of Permits Issued in 2022
The most recent banking troubles, rising inflation, and prohibitive mortgage rates are some of the issues affecting the housing market at the moment. And the latest data supports the fact that the market is losing momentum: While the number of completed units has increased every year since 2012, permits and …
Denver in Top 10 for Green Coworking Spaces (CoworkingCafe Report)
Paying attention to environmental issues and sustainability is becoming increasingly crucial across all industries. In the commercial real estate sector, that means adapting architecture, design and amenities in a way that is meant to decrease carbon footprint and pave the way toward a healthier environment. With this in mind — …
Denver Rent Report Shows Stabilized Vacancy and Rental Rates
This week, the Apartment Association of Metro Denver (AAMD) released the 2023 First Quarter Vacancy & Rent Report for Metro Denver. The average vacancies and apartment rents remained very flat for the first quarter of 2023. Vacancies remained at 5.6%, the exact same as last quarter. Rents increased less than …
Cherry Creek and LoDo Emerging as Top Performing Micro Office Markets
According to JLL’s Q1 2023 Office Insight report, geography more so than ever is determining which buildings stand to be the winners and losers of the post-pandemic office market. Tenants are paying premiums for office space in select micro markets like Cherry Creek and LoDo. Direct vacancy in Cherry Creek …
Colorado Sees Growth in Life Sciences Employment and Federal Funding
Colorado continues to see growth in life sciences employment and federal funding, according to a new report from CBRE. Clinical trials for new drugs, persistent job growth, more federal funding, and ample cash reserves for the industry’s larger companies will influence the rapidly growing market for life sciences real estate. …
RCLCO Releases 2023 Renter Consumer Preference Survey
RCLCO Real Estate Consulting has released a new in-depth national research report on the consumer preference of renters. The 2023 Renter Consumer Preference Survey Report shares data from a comprehensive national survey, conducted in late 2022, that illuminates the motivations, product type preferences, and locational considerations that are driving today’s …