60 Affordable Apartments at South Platte Crossing Ensure Long-Term Community Benefit COMMERCE CITY – In a significant move to address housing needs in Commerce City, Denver-based and Black-owned Nesbitt Development announces the upcoming construction of the South Platte Crossing apartments. The project represents Nesbitt Development’s first major venture in the Denver metro area collaborating with […]
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Drafting a commercial lease is complicated. There are a number of factors to consider and an array of options with respect to structuring the deal. The old “location location location” adage is very much in play when negotiating these leases. This article discusses a few of those factors, foot traffic and breakpoint. Foot Traffic When a tenant negotiates […]
Colorado is clearly a leader in the pot market. With the legalization of Marijuana came new real estate opportunities for those in Colorado. It created a market for recreational drugs that is unique, bringing in a surge of new customers into the state. It has also created questions about how marijuana affects the rental market. […]
Eric Nesbitt of the Nesbitt Commercial Group is Changing Perceptions of Minorities in Commercial Real Estate Greenwood Village, CO – Eric Nesbitt, of the Nesbitt Commercial Group and principal brokers Alec Wynne, Paul Washington, Carmon Hicks were featured in the Colorado Real Estate Journal, Diversity Essential To Industry’s Future discussing the lack of minority representation […]
Much like the residential market, the commercial lease and sale arena is on fire with no signs of slowing in the upcoming quarters. The stats for the sub catagories of the commercial office market are as follows: Vacancy The office vacancy rate in the Denver market area decreased to 10.0% at the end of the […]
The office vacancy rate in Denver continued on the steady decline track with vacancy rate in the Denver market area dropping to 11.4% at the end of the fourth quarter 2013. The vacancy rate was 11.6% at the end of the third quarter 2013, 11.8% at the end of the second quarter 2013, and 11.9% at the end […]
The real estate market in Colorado is proving to be one of the most resilient in the nation. This holds true for both the residential and commercial sectors. “The office vacancy rate in the Denver market area decreased to 11.5% at the end of the third quarter 2013. The vacancy rate was 11.8% at the […]
We are looking for a talented and hard working individual to join our successful commercial real estate brokerage team. Our team focuses exclusively on commercial real estate transactions, including tenant representation, multifamily and investment sales, and land transactions. 80% of our leads come from the 350 residential agents in our office. Due to our increasing […]
Today’s Denver Business Journal reports that Denver office landlords are offering significant free rent to lure new office tenants. View full article. The Denver office market continues to be favorable for tenants seeking to negotiate leases for new space, or to renegotiate existing terms. If the timing is right for you, contact a commercial real […]
