A Statement On Ukraine from Kevin Maggiacomo, SVN President and CEO

Loading...

How the Northern Colorado CRE Market is Doing–a Q2 Report

Kawulok-.-Steve-199x3001.jpg
Steve Kawulok, managing director, SVN The Group Commercial, Fort Collins, CO

Recession recovery is continuing at a higher pace in the Northern Colorado commercial real estate market, says Steve Kawulok, managing director of Sperry Van Ness The Group Commercial in Fort Collins, Colorado.

The Northern Colorado market, which encompasses the three counties of Boulder, Larimer and Weld, had an improving outlook for the second quarter of 2013. Among the signs of recovery and strength were:

  • Market sales of property went up ;
  • Retail properties  did the best;
  • Office properties gained momentum with the vacancy rates going down and rental rates on the uptick;
  • Investors are still active in this market.

For a complete picture of the Q2 activity in Northern Colorado, including significant commercial real estate transactions, read Steve’s Q2 report here.

*All Sperry Van Ness offices are independently owned and operated.

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

 

*All Sperry Van Ness® offices are independently owned and operated.