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Looking for new industrial construction? Head to the Central and I-70 / East submarkets/231/denver-industrial-construction<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-construction-workers.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/231/denver-industrial-constructionLooking for new industrial construction? Head to the Central and I-70 / East submarketsWith no shortage of headlines, our industrial market has made major headway in attracting not only new companies servicing the Front Range, but also in catching the attention of investors looking to accommodate rapidly expanding businesses.
Office asking rents really up more than 20% this decade /213/denver-8-7-2017-office-rents<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/office-exterior-high-rise.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/213/denver-8-7-2017-office-rentsOffice asking rents really up more than 20% this decade ​No one questions that Denver office space is notably more expensive today than when the calendar turned to the 2010s. But, we ought to be careful when stating the magnitude of change.
Job gains nearly 2.5X historical annual average gains/138/denverr-job-gains<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-screen-office.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/138/denverr-job-gainsJob gains nearly 2.5X historical annual average gains33,200 jobs were added in the past 12 months, 132 percent higher than the historical long-term annual average of 14,335 jobs.
Booming hotel supply pipeline lands a top-10 national ranking/127/booming-hotel-supply-pipeline-lands-top-10-national-ranking<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/hotel-lobby-lighting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/127/booming-hotel-supply-pipeline-lands-top-10-national-rankingBooming hotel supply pipeline lands a top-10 national rankingSTR’s recently released “May 2017 Pipeline Report” places Denver as 7th in the nation for hotel development, placing it ahead of Las Vegas, Washington D.C, and Chicago.
A smart city diversifies its economy and seeks more jobs that pay top dollar/111/a-smart-city-diversifies-its-economy-and-seeks-more-jobs-that-pay-top-dollar<img alt="" height="63" src="/united-states/en-us/PublishingImages/Snapshots/tourists-in-busy-central-london-street-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/111/a-smart-city-diversifies-its-economy-and-seeks-more-jobs-that-pay-top-dollarA smart city diversifies its economy and seeks more jobs that pay top dollarOver the last several years, we’ve all heard the drumbeat of Denver’s economy doing itself well by making concerted efforts to diversify away from “just oil and gas.”
Are we “too popular”? With rapidly rising price appreciation, renting may prove safer than buying/93/denver-renting-vs-buying-3-13-2017<img alt="" height="63" src="/united-states/en-us/PublishingImages/Snapshots/apartment-house-town-building-on-blue-sky-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/93/denver-renting-vs-buying-3-13-2017Are we “too popular”? With rapidly rising price appreciation, renting may prove safer than buyingDue to the sizable 7.8-percent annual gain in home prices, some economists have started raising alarms that Denver’s housing market has entered “unbalanced fundamentals” territory.