This is a great article from the Denver Business Journal that captures the health and future value of the Denver retail commercial real estate market. The vacancy rates throughout the Front Range are at an historic low, which has prompted the development cycle to go into full effect. This can make it more difficult to find the perfect commercial property for lease. According to the article, Denver's retail real estate market is reportedly going to be the world's second "hottest" market over the next few years.In fact, only San Francisco will be "hotter". Wow!
What this means is, If you're ready to list a new commercial property for lease, give us a call ASAP and we'll help you fill it fast. And if you need to find a new commercial property lease, you'd better act quickly.
Development cycles take time in commercial real estate. Berkshire Hathaway Denver targets future projects by working with developers on their under- construction and proposed projects to ensure our tenants are getting a seat at the table for lease space before the deals even hit the market.
Meanwhile, our commercial property lease team stays very active in the market trying to find off market deals. By targeting lease opportunities in the market before the hit the commercial MLS, we can ensure our clients get premier locations without competing against unrepresented competition looking to splash the pot with unrealistic deal terms.
Call us to discuss why having a specialized Denver-area tenant rep is paramount in the market for retail. We have the ability to take a 30,000 foot view of a retail center and drill all the way down into important issues like access, visibility, signage and traffic counts. Not to mention we strategize to get you the best market terms we can.
Be prepared to take advantage of all the Denver retail market has to offer your concept and take advantage of this market before it is too late. Contact the Berkshire Hathaway Denver Commercial Division to discuss tenant and commercial space buyer representation to ensure you get the best location and deal for your business.