Recent Newshttp://rare.publishpath.comSun, 22 Nov 2009 20:09:51 GMT2008 Year End Commercial Real Estate Statshttp://rare.publishpath.com/2008-year-commercial-real-estate-statsSat, 21 Feb 2009 18:01:48 GMTTom GrotewoldIn looking at the recently released Q4 2008 year end, and I found some interesting trends.

In Q4, office vacancy increased, but so did the average lease rates.

In Q4, flex and industrial vacancies declined and lease rates remained the same.

Office Buildings in the greater Denver area = 6,139 Buildings, 171,000,000 SF of space, 13.6% vacant, (204,000) SF absorption, Avg Rate - $21.53 FSG

Industrial Buildings in the greater Denver area = 7,136 buildings, 224,000,000 SF of space, 7.1% vacant, 118,000 SF of absorption, Avg Rate - $5.32 NNN

Flex Buildings in in the greater Denver area = 1,567 Buildings, 44,000,000 SF of space, 14.2% vacant, 469,000 SF YTD absorption, Avg Rate - $9.90 NNN

]]>http://rare.publishpath.com/2008-year-commercial-real-estate-stats2009 Lease Rates and Purchase Priceshttp://rare.publishpath.com/2009-lease-rates-and-purchase-pricesThu, 15 Jan 2009 17:45:03 GMTTom GrotewoldOn Thursday, I bumped into commercial real estate investor in the Denver's Larimer Square Starbucks and we had a brief conversation on the state of the RE market. his firm had just purchased a building from Opus, and the building is 80% leased. He said that the last 20% is where all the profit comes from.

In relation to the commercial property investment opportunities, he said that the real deals will start to happen in 2010. The current Landlords need to experience some discomfort before the cost per square foot decreases and the cap rates increase.

Commercial lease rates will probably adjust downward 6-12 months prior to the reduction in sales prices. From a Tenant's perspective, this means there will be good leasing opportunities in Q2 or Q3 2009.

]]>http://rare.publishpath.com/2009-lease-rates-and-purchase-pricesDenver - doing relatively better according to Kiplingerhttp://rare.publishpath.com/denver---doing-relatively-better-according-to-kiplingerThu, 11 Dec 2008 00:02:10 GMTTom GrotewoldIn radiant the latest Kipling Newsletter, I read the section on how the commercial real estate market will fare over the coming months, and the outlook is not too bright for many parts of the country.

However, according to Kiplinger, there are a few markets like Denver, Washington DC, Houston, Seattle and Dallas that expected to "do relatively better" than the rest of the nation.

What that means to me is that property values, and lease rates will remain fairly unchanged for the foreseeable future.

]]>http://rare.publishpath.com/denver---doing-relatively-better-according-to-kiplingerQ4 2008 Commercial Space - Office and Industrial Market Statisticshttp://rare.publishpath.com/office-industrial-market-statisticsTue, 17 Feb 2009 18:53:36 GMTTom GrotewoldReceive Q4 2008 Office and Industrial Market Information ]]>http://rare.publishpath.com/office-industrial-market-statisticsQ3 2008 Commercial Space - Office Market Statisticshttp://rare.publishpath.com/2008-office-market-statisticsFri, 24 Oct 2008 12:52:20 GMTTom GrotewoldReceive Q3 2008 Office Market Statistics

]]>http://rare.publishpath.com/2008-office-market-statisticsReturn Path relocates to Arista in Broomfield - the build out processhttp://rare.publishpath.com/return-path-relocates-to-arista-in-broomfieldThu, 25 Sep 2008 18:19:16 GMTTom GrotewoldIt's always amazing to me that construction projects get completed
on time. Return Path is scheduled to occupy 33,500 SF at Arista in
Broomfield on November 7. It looks like they have a long way to go.

I also know that with the professionals we have working on the
project, that they will have it sparkling!

Return Path's Colorado Office

Exterior View of Return Path's office at Arista in Broomfield CO

The Fire Pit outside of Return Path's office

There will be a fire pit and also a water feature in the park outside
the RP office
the Park and Residences at Arista

The park, water feature and residences near Return Path's office

Alternate Entrance to Return Path's Office 

Alternate Entrance to Return Path's Office

Hanging drywall and the ceiling

Return Path will occupy about 33,500 SF. These guys are called
mudders and they are finishing hanging the drywall.

]]>http://rare.publishpath.com/return-path-relocates-to-arista-in-broomfieldEchoServe cuts the ribbon on their new building in Golden, COhttp://rare.publishpath.com/echoserve-cuts-the-ribbon-on-their-new-buildingThu, 25 Sep 2008 17:23:39 GMTTom GrotewoldEchoServe's Build to Suit in Golden

Congratulations to EchoServe on the completion of their state of the art
build to suit project in Golden, CO!

]]>http://rare.publishpath.com/echoserve-cuts-the-ribbon-on-their-new-buildingOngoing Operations Expands into Coloradohttp://rare.publishpath.com/ongoing-operations-expands-into-coloradoThu, 19 Jun 2008 17:12:26 GMTTom GrotewoldOngoing Operations Expands into Colorado

]]>http://rare.publishpath.com/ongoing-operations-expands-into-coloradoNewsGator Technologies negotiates a new lease at the US Bank Towerhttp://rare.publishpath.com/newsgator-technologies-negotiates-a-new-lease-at-the-us-bank-towerFri, 30 May 2008 13:57:17 GMTTom Grotewoldhttp://rare.publishpath.com/newsgator-technologies-negotiates-a-new-lease-at-the-us-bank-towerGillingham and Associates extends Westminster HQ leasehttp://rare.publishpath.com/gillingham-and-associates-extends-westminster-hq-leaseTue, 13 May 2008 15:56:19 GMTTom Grotewoldhttp://rare.publishpath.com/gillingham-and-associates-extends-westminster-hq-lease