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Survey finds vacancy rate similarities in other cities

While Colorado Springs real estate insiders have bemoaned the city’s high office vacancy rates, they’re similar to those in other cities the same size, according to Hoff & Leigh Commercial Real Estate. “The surprising thing is that we’re actually pretty well positioned in comparison to other tertiary markets,” said Hoff & Leigh researcher Jason Baumgartner.… Continue Reading Survey finds vacancy rate similarities in other cities

Office vacancies remain high in the newly constructed buildings on the north end of Colorado Springs. Both Hoff & Leigh Commercial Real Estate and Sierra Commercial Real Estate released their second quarter reports this week and while the statistics varied, both documented high vacancy rates in commercial office space in the northern part of the… Continue Reading Glut of office buildings plaguing northern market

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