Strong forecasts, deals anchor hope for commercial real estate investors
The Pikes Peak region commercial real estate market — as is true in most parts of the country — serves as an economic health barometer.
And today’s readings show pressure is rising on the local real estate investment scene.
Concerns about overleveraged or devalued commercial real estate, owned by investors [...] [...]
The process that brings new office buildings, schools, commercial centers and civic or government structures into the construction pipeline has been temporarily stalled by tight money and sidelined investors.
So, what does the future hold for those involved in the design and construction of tomorrow’s signature buildings or urban centers — the architects, contractors and engineers [...] [...]
Southern Colorado’s first Sunshine Farmers Market is scheduled to open May 27 at 1730 Dublin Blvd.
The natural and organic grocer signed a 10-year lease with options on the space, which was purchased during April by Golden Properties LLC for $2.6 million.
Sunflower’s owners also founded one of Colorado’s first successful organic grocery chains - Alfalfa’s, which later became Wild [...] [...]
Like their counterparts in office brokerage who addressed vacancy and rent rate trends last week, local retail, investment and industrial deal makers also are facing unprecedented economic challenges.
Here’s a brief look at those market segments, offered by those on the front lines of commercial sales and leasing.
Retail: Market contraction
Through the first quarter of 2009 nationally, [...] [...]
As the national economy’s challenges ripple into regional and local markets, Colorado Springs finds itself dealing with its sixth downturn in 40 years.
Some brokers, however, still believe the local commercial real estate market is in an enviable position.
Researchers at Grubb & Ellis, for example, published their national 2009 forecast during late 2008, just as analysts [...] [...]
