Local buyer pays $2.3 million for leasehold interest
7.30.18 Boulder Retail Leasehold Interest, Edwards Ethington Team, Retail Brokers BoulderA leasehold interest in a Boulder retail center sold to a Boulder County investor for $2.3 million. The lease comprises the land under a 19,997-square-foot retail center that is shadow anchored by Safeway. The property is located at 3325 28thSt., at the corner ...
U.S. Commercial Property Values Surge in Niche Sectors
7.27.18 Commercial Real Estate, Industrial Brokers Denver, US Commercial Property ValuesStudent housing, manufactured homes and industrial property were the top performing commercial real-estate sectors in the past 12 months, according to new data from Green Street Advisors. These three sectors outperformed the broader commercial property market, ...
Fed’s Powell Says Gradual Rate Hikes Are the Best Path ‘For Now’
7.25.18 Economy, Federal Interest Rate, Interest Rate HikesFederal Reserve Chairman Jerome Powell said the central bank will continue to gradually raise interest rates “for now’’ to keep inflation near target amid a strong U.S. labor market. The Federal Open Market Committee, the Fed panel that sets interest ...
Large RiNo development to break ground next week
7.23.18 Denver Brokers, Lot Twenty Eight, RiNo Construction, RiNo DevelopmentConstruction will start next week on Lot Twenty Eight, a large mixed-use project in RiNo led by locally based developer Formativ. Located at 28th and Blake, part of the adaptive reuse project will transform at 45,000-square-foot warehouse into a development ...
Denver industrial developments see higher rents, larger leased spaces in Q2
7.18.18 Denver Industrial Brokers, Industrial Market Denver, Industrial Property for Sale DenverDenver’s industrial market concluded its 33rd straight quarter of positive net absorption, according recent CBRE research. Almost 420,000 square feet was recorded. Notably, the overall average asking lease rate rose to $8.14 per square foot for a ...
More Real Estate Funds Aim to Preserve Affordable Housing, Boost Economic Development
7.17.18 Apartment Buildings for Sale Denver, Denver Multifamily Brokers, Social Impact Investment Funds, Value-Add Apartment InvestingThe flurry of value-add apartment investing in recent years has sparked a countermove by public and private entities that are pooling their capital and stepping in to slow the erosion of the country’s low-income housing stock. Added to that, new private ...