DENVER-Not only does her $32.5-million Fire Clay Lofts development have an affordability component, it also is a bargain for market-rate buyers compared to similar space a short distance away.
DENVER-A cautious approach by lenders and investors will make for slower growth in the retail market, according to Grubb & Elllis. However, that could mean lower lease rates for some retailers, as well as buying opportunities.
DENVER-While 1.1 million sf of new space will hit the market next year, owner-users and investors will increasingly put buildings up for sale, says a Grubb & Ellis report. However, that may mean buying opportunities.
DENVER-Legg Mason's Glenn Mueller says the real estate cycle will benefit from population growth as a result of the Echo Boom. That means demand for housing as well as job growth, he says.
GOLDEN, CO-Developers would need voter permission to receive subsidies, such as those once sought by Nike Corp. here, and say "thank you" with signs on the property under a charter amendment adopted by a 21-vote margin.
LAS VEGAS-National retail tenants including Target, Wal-Mart, Costco and Sears, Roebuck & Co. are staking out space in five centers being developed in the area. The largest is Triple 5's 1.1-million-sf Boca Park.
DENVER-Office buildings in soft, high-tech infill markets and grocery-anchored retail centers are among the products that will be in next year while buildings with weak credit rent rolls will be for sale, one top broker predicts.
PHOENIX-Bargain hunters may be disappointed next year, as low interest rates will even help owners of distressed properties, according to a Grubb & Ellis forecast. Otherwise, opportunities will abound, the firm predicts.
ALBUQUERQUE, NM-Big-box retailers are moving into the state's largest city, Grubb & Ellis observes, but one large grocery chain has closed and smaller retailers are feeling the pinch of a slumping economy.
PHOENIX-Bargain hunters may be disappointed next year, as low interest rates will even help owners of distressed properties, according to a Grubb & Ellis forecast. Otherwise, opportunities will abound, the firm predicts.