Colorado Springs Commercial Real Estate Value Trends and News

August 23rd, 2017 11:37 AM
New market reports Second Quarter 2017 posted for Colorado Springs Commercial Real Estate: Industrial, Office and Retail properties. Rent, Vacancy, Absorption and Major Transactions.

Quarter

Industrial

Office

Retail

2017 Quarter 2

 Colorado Springs Market Trends-2017Q2-Industrial Colorado Springs Market Trends-2017Q2-Office Colorado Springs Market Trends-2017Q2-Retail

See the Market Reports Page for a complete list and downloadable PDF copies. 

Greg Baker, MAI is a member of the Xceligent Advisory Board, which produces the quarterly market reports. He is the only commercial appraiser that sits on the board with the top brokers from the Colorado Springs Market. 



Quarter

Industrial

Office

Retail

2017 Quarter 2

 Colorado Springs Market Trends-2017Q2-Industrial Colorado Springs Market Trends-2017Q2-Office Colorado Springs Market Trends-2017Q2-Retail

Quarter

Industrial

Office

Retail

2017 Quarter 2

 Colorado Springs Market Trends-2017Q2-Industrial Colorado Springs Market Trends-2017Q2-Office Colorado Springs Market Trends-2017Q2-Retail

Quarter

Industrial

Office

Retail

2017 Quarter 2

 Colorado Springs Market Trends-2017Q2-Industrial Colorado Springs Market Trends-2017Q2-Office Colorado Springs Market Trends-2017Q2-Retail

2017 Quarter 1

 Colorado Springs Market Trends-2017Q1-Industrial Colorado Springs Market Trends-2017Q1-Office Colorado Springs Market Trends-2017Q1-Retail

Posted by Greg Baker, MAI on August 23rd, 2017 11:37 AMLeave a Comment

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Market Rent and Vacancy Report

New market reports for First Quarter 2017 posted for Colorado Springs Commercial Real Estate: Industrial, Office and Retail properties. Rent, Vacancy, Absorption and Major Transactions.

Quarter

Industrial

Office

Retail

2017 Quarter 1

 Colorado Springs Market Trends-2017Q1-Industrial Colorado Springs Market Trends-2017Q1-Office Colorado Springs Market Trends-2017Q1-Retail

See the Market Reports Page for a complete list and downloadable PDF copies. 

Greg Baker, MAI is a member of the Xceligent Advisory Board, which produces the quarterly market reports. He is the only commercial appraiser that sits on the board with the top brokers from the Colorado Springs Market. 







Posted by Greg Baker, MAI on August 23rd, 2017 11:36 AMLeave a Comment

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Download the full report:
BCA - 4Q2016 CRE Update.pdf
Office

Activity in the leasing market will come 50/50 from government connected and private users. Most new demand for space will come from within the market and expansions/upgrades are the most likely activities.

New construction will continue to be driven by build-to-suit and speculative activity is not likely. There are still larger blocks of available space.
Retail

New construction is concentrated in smaller speculative projects and build-to-suit spaces in the Far Northeast and East portions of the city. New restaurant concepts (fast casual), convenience stores and auto service are the most active. The new projects will continue to command rents at the top of the market and existing space demand will be stable or stagnate.
Industrial

The market is tight and minimal inventory is available. Rental rates are not high enough to generate new construction. The average size of user space needs are increasing.

OVERALL MARKET

Market participants are optimistic about the incoming administration to decrease regulations and taxes. New investment and job creation is likely. This trend will be most evident in the second half of the year.

Capitalization rates will remain stable, but not increase even with interest rate hikes. Institutional and regional investment demand will continue to be attracted to Colorado Springs as deals in larger markets are no longer available. Commercial lending standards will tighten, but credit availability won’t significantly change.

Call Greg or Jon to discuss Colorado Springs Commercial Real Estate Value trends.

Greg Baker, MAI
Chief Appraiser, Partner
gbaker@bearingcommercial.com
719-930-0200

Jon Handy
Appraiser, Partner
jhandy@bearingcommercial.com
719-246-4407



 


 


Posted in:Market Report and tagged: Market Report
Posted by Greg Baker, MAI on January 19th, 2017 12:10 AMLeave a Comment

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