golden market report mid-year snapshot · golden market report mid-year snapshot. year-to-date...
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Golden Market Report Mid-Year SnapshotYEAR-TO-DATE 2017
Industrial OfficeRetail
22,654 SF $14.00/SF NNN
What this means to youGolden continues to be a sought after place in which to live and work therefore vacancies reached a new cyclical low in 2017. The downtown historic district continues to perform at below 1% on vacancies and outside of downtown is below 3% overall. Planned retail developments in the Gateway Village and Fossil Point will deliver in 2018 helping with the compressed availability.
Totals
Commercial growth with integrity & intention.
557,992 SF $9.46/SF NNN
168,546 SF $17.29 SF NNN
749,192 SF $16.74/SF NNN
2 1 4 . 6 7 5 . 5 1 7 7
S O @ RO C K YM C A . C OM
7 2 0 . 3 3 0 . 4 3 3 3
C P @ RO C K YM C A . C OM
S H ANNON L OWE OWEN S CHERYLE POWELL , CCIM
LeasedAverage
Leasing
Balancing the beauty of our unique environment, while maintaining our city's history and culture.
Office Property Asking Rent - Lease TrendsIndustrial Property Asking Rent - Lease Trends
2 1 4 . 6 7 5 . 5 1 7 7
S O @ RO C K YM C A . C OM
7 2 0 . 3 3 0 . 4 3 3 3
C P @ RO C K YM C A . C OM
S H ANNON L OWE OWEN S CHERYLE POWELL
R O C K Y M O U N T A I N C O M M E R C I A L A D V I S O R S
R O C K Y M C A . C O M
, CCIM
• Site Selection• Strategic Planning• Lease Renewal Advisory• New Lease Negotiations• Sublease• Space Planning• Lease Abstract
• Acquisition• Disposition• Opinion of Value• Negotiations• Contract Analysis• Marketing
TENANT REPRESENTATION OWNER REPRESENTATION • Acquisition• Disposition• Opinion of Value• Negotiations• Contract Analysis• Marketing
INVESTMENT ADVISORY
Industrial OfficeRetail Land
383,697 SF $135.71/SF$3,265,52938,370 SF
Total SF Price/SF Sales Price Bldg Size
Sales
YEAR-TO-DATE 2017AVERAGES
577,154 SF $17.83
$1,373,218
61,579 SF $238.35
$1,425,8757,697
27,489 SF $228.00/SF$811,666.67
4,582 SF
Retail Property Asking Price Index - Sale TrendsCommercial Sales Average by Sector