golden market report mid-year snapshot · golden market report mid-year snapshot. year-to-date...

2
Golden Market Report Mid-Year Snapshot YEAR-TO-DATE 2017 Industrial Office Retail 22,654 SF $14.00/SF NNN What this means to you Golden 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 CCIM Leased Average Leasing Balancing the beauty of our unique environment, while maintaining our city's history and culture. Office Property Asking Rent - Lease Trends Industrial Property Asking Rent - Lease Trends

Upload: others

Post on 02-Jun-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Golden Market Report Mid-Year Snapshot · Golden Market Report Mid-Year Snapshot. YEAR-TO-DATE 2017. Retail. Industrial Office. 22,654 SF $14.00/SF NNN. What this means to you. Golden

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

Page 2: Golden Market Report Mid-Year Snapshot · Golden Market Report Mid-Year Snapshot. YEAR-TO-DATE 2017. Retail. Industrial Office. 22,654 SF $14.00/SF NNN. What this means to you. Golden

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