Denver Commercial Office – Do Not Disturb!

Denver Commercial Office – Do Not Disturb!

The U.S. Department of Labor recently reported that the nation’s jobless rate has climbed to 8.9%, the highest rate since late 1983.  Layoffs nationally topped 539,000 for April.  Thankfully, Colorado lags the national rate with a state unemployment rate of 7.4% for...
Denver Commercial Office Space: Is it Time to Extend & Blend?

Denver Commercial Office Space: Is it Time to Extend & Blend?

With the bad economy, this sounds like an idea to stretch the leftovers!  In fact, it’s a strategy that can prove very profitable with the coming – we predict – drop in Denver commercial office rental rates.  With unemployment numbers rising, office vacancy rates will...
Denver Commercial Office “Shadow Space” is Lurking!

Denver Commercial Office “Shadow Space” is Lurking!

In general, if the remaining lease term is one year or less many Tenants may just ride things out. Other companies may decide to hang onto their excess space, because management believes that things will soon improve and they will be hiring again. Other companies may...
What’s so Bad About a Down Commercial Real Estate Market?

What’s so Bad About a Down Commercial Real Estate Market?

Steadily rising unemployment, tumbling stock markets, bank failures, massive government bailouts, foreclosures, huge state budget deficits and Somali pirates – there’s no shortage of bad news these days!  But, in the midst of all this gloom, is there a silver lining?...