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1Q 2013 Northern Colorado CRE Market Sets Stage for a Strong Year by Steve Kawulok

Steve Kawulok
Steve Kawulok, Managing Director, SVN/The Group Commercial

In a detailed Northern Colorado commercial real estate market report and analysis, Steve Kawulok, Managing Director of Sperry Van Ness/The Group Commercial says the first quarter sales volume of 2013 was less than 4Q 2012, but with high activity levels, foretelling a strong year ahead.

Other key findings about the Northern Colorado market in this report are:

  • Retail properties were sought after although investors paid slightly less for investment properties in general.
  • Vacancy rates continued to decline, particularly in the industrial category.
  • Rents are projected to increase in 2013.
  • Land meant for residential development has started to sell if located in an infill area, and oriented to smaller lot, affordable homes.
  • Medical office and clinical properties are in high demand from investors.
  • Industrial properties, especially those with yard space, are in high demand from the energy industry.

Read the entire Tri-County Northern Colorado 1Q 2013 Commercial Real Estate Market Trends and Commentary.

 

Steve Kawulok

Sperry Van Ness/The Group Commercial 

Fort Collins, CO

 

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