Colorado Springs Market Reports
INDUSTRIAL MARKET SEES OCCUPANCY GAINS AS RATES CONTINUE TO FALL
OFFICE MARKET BUILDS MOMENTUM WITH POSITIVE ABSORPTION
RETAIL ACTIVITY STILL SLUGGISH AS ACTIVITY REMAINS LOW
ACTIVITY REMAINS SLOW IN THE MEDICAL OFFICE MARKET
POSITIVE ABSORPTION RETURNS TO THE INDUSTRIAL MARKET DURING THE FIRST QUARTER
NEGATIVE MOMENTUM IN OFFICE MARKET IS BEGINNING TO SLOW
BIG BOX RETAILERS HELP KEEP RETAIL MARKET AFLOAT
MEDICAL TENANTS REMAIN ON HOLD UNTIL HEALTHCARE LEGISLATION IS RESOLVED
INDUSTRIAL RENTAL RATES FALL OVER $0.50/SF FOR THE YEAR
EMPLOYMENT GROWTH NECESSARY FOR OFFICE MARKET RECOVERY
RETAIL MARKET ENDS YEAR WITH POSITIVE ABSORPTION
SIERRA EXPERTS PREVIEW THE 2010 MARKET
VACANCY RATES CONTINUE TO DECLINE ON POSITIVE MEDICAL ABSORPTION
ONGOING JOB LOSSES IN INDUSTRIAL SECTOR IMPACT INDUSTRIAL PROPERTIES
CONSTRUCTION WAVE COMES TO AN END, HELPING EASE HIGH VACANCY PRESSURES
NATIONAL RETAILERS REGAIN CONFIDENCE IN LOCAL MARKET
VACANCY BEGINS TO DROP AS CONSTRUCTION ACTIVITY SLOWS
VACANCY CONTINUES TO CLIMB IN OFFICE PRODUCT
LEASE RATES FALL IN INDUSTRIAL PRODUCT AS VACANCIES INCREASE
NEGATIVE ABSORPTION SLOWS DURING SECOND QUARTER IN RETAIL MARKET
MEDICAL OFFICE MARKET EXPERIENCES POSITIVE ABSORPTION IN FIRST QUARTER.
LEASE RATES HOLD STEADY AS INDUSTRIAL VACANCY CLIMBS
LEASE RATES BEGIN TO DECLINE AS OFFICE SUPPLY INCREASES
LARGE RETAIL CLOSURES SLOW RETAIL DEVELOPMENT
DEMAND OVERWHELMED BY NEW SPECULATIVE DEVELOPMENT
INDUSTRIAL MARKET CONTINUES TO STRUGGLE WITH DECLINE OF MANUFACTURING SECTOR
OFFICE MARKET ENDS YEAR WITH CLIMBING VACANCY RATES
ECONOMIC CONDITIONS DELAY NEW RETAIL DEVELOPMENT
SIERRA EXPERTS PREVIEW THE 2009 MARKET
VACANCY RATE LEAPS ON UNOCCUPIED NEW CONSTRUCTION
NEW CLASS A OFFICE CONSTRUCTION BEGINNING TO COME ONLINE
LOSS OF MANUFACTURING JOBS WEIGHS ON INDUSTRIAL MARKET
RETAIL ACTIVITY SLOWS WITH CONSUMER SPENDING
VACANCY RATES INCREASE SHARPLY DUE TO COMPLETED NEW CONSTRUCTION
400,000 SF OF CLASS A OFFICE SPACE TO BE DELIVERED IN COMING MONTHS
INDUSTRIAL CONSTRUCTION CONTINUES TO BE SLUGGISH
NEW RETAIL CONSTRUCTION CONTINUES TO BE ABSORBED
NEW MEDICAL CONSTRUCTION DRIVES VACANCY RATES UP
INDUSTRIAL VACANCY CLIMBS ABOVE 10%
METRO OFFICE VACANCY RISES TO 12.65%
OLDER CENTERS CONTINUE TO STRUGGLE WITH HIGH VACANCY
MEDICAL MARKET ENDS 2007 NEAR 7% VACANCY
INDUSTRIAL MARKET FACES CHALLENGES HEADING INTO 2008
MODEST GROWTH RECORDED DURING 2007
RETAIL MARKET RECORDS OVER 600,000 SF ABSORPTION IN 2007
SIERRA EXPERTS PREVIEW THE 2008 MARKET
CONSTRUCTION CONTINUES NEAR NEW HOSPITALS
LACK OF NEW CONSTRUCTION KEEPS INDUSTRIAL VACANCY LOW
MULTIPLE SALES TRANSACTIONS IN THE CLASS "A" MARKET
RETAIL MARKET POSITIONED TO WITHSTAND DECLINING HOUSING MARKET
MEDICAL OFFICE CONSTRUCTION HIGHLIGHTS 1ST HALF OF 2007
FUTURE OF INTEL CAMPUS WEIGHS HEAVILY ON INDUSTRIAL MARKET
AVERAGE ASKING LEASE RATES BREAK $11.00/SF NNN MARK
CENTRAL SHOPPING CENTER VACANCIES CONCERN CITY GOVERNMENT
MAJOR INVESTMENTS IN SPECULATIVE MEDICAL CONSTRUCTION
AVERAGE LEASE RATES APPROACHING $11/SF
RENEWED INTEREST IN SPECULATIVE INDUSTRIAL DEVELOPMENT
RETAIL CONSTRUCTION REMAINS HEALTHY
VACANCY RATES DECREASE TO 8.37%
INDUSTRIAL VACANCY CONTINUES TO DROP
OFFICE MARKET VACANCY RATES DROP TO 10.26%
RETAIL ABSORPTION ENDS THE YEAR OVER 500,000 SF
SIERRA EXPERTS PREVIEW THE 2007 MARKET
VACANCY RATES DROP BELOW 10%.
INDUSTRIAL ABSORPTION CONTINUES TO IMPROVE
EMPLOYMENT GROWTH DRIVES CLASS "A" MARKET
AVERAGE LEASE RATES AT RECORD HIGHS
INTEREST IN MEDICAL INVESTMENT PROPERTIES CONTINUES TO BE STRONG.
RETAIL CONSTRUCTION CONTINUES IN NORTHEAST
VACANCY RATES DROP BELOW 11%
LARGE TRANSACTIONS HIGHLIGHT ACTIVE SECOND QUARTER
2006 AND 2007 TO BE FORMATIVE YEARS FOR MEDICAL MARKET
51% OF THE JOBS IN EL PASO COUNTY ARE IN AN INDUSTRY REQUIRING AN OFFICE SETTING
EXPECT VACANCY RATES TO REMAIN IN THE 8% RANGE
VACANCY RATE LOWEST IN COLORADO SPRINGS'INDUSTRIAL MARKET SINCE END OF 2004
INDUSTRIAL MARKET HAS POSITIVE ABSORPTION FOR SECOND CONSECUTIVE YEAR
STRONG INTEREST IN OWNER-USER MARKET
OFFICE BUILDING SALES SET RECORDS IN 2005
RETAIL MARKET SEES INCREASED ABSORPTION LEASING AND SALES
SIERRA EXPERTS PREVIEW THE 2006 MARKET
INDUSTRIAL MARKET CONTINUES TO EXPERIENCE SHIFT IN USE
OFFICE MARKET CONTINUES TO SHOW SIGNS OF IMPROVEMENT
RETAIL MARKET WELL POSITIONED
NEW MEDICAL OFFICE BUILDINGS COMPLETED IN THIRD QUARTER
MARKED ACTIVITY IN BUILDING SALES
RECORD HOUSING MARKET SUSTAINS STRONG RETAIL SECTOR
INDUSTRIAL MARKET CONTINUES TO SHOW STABLE RATES WITH LITTLE ABSORPTION
OFFICE MARKET CONTINUES SLOW BUT STEADY REBOUND
VACANCY REMAINS STABLE
INDUSTRIAL SECTOR REDEFINES INDUSTRIAL SUBMARKETS
RETAIL MARKET CONTINUES TO SHOW ROBUST GROWTH
Year Ends With Near-Record-High Vacancy Rates
POSITIVE ABSORPTION EXPECTED IN CLASS "A" MARKET
RECORD HIGH VACANCY RATES
YEAR ENDS WITH INCREASE IN VACANCY RATES
RETAIL CHASES INCREASING NUMBER OF HOUSING STARTS
INCREASE IN MARKET VACANCY RATE
CONTINUED INVESTMENT IN CLASS "A" MARKET
RETAIL SUBMARKETS REDEFINED
INDUSTRIAL REPORT
OFFICE REPORT
RETAIL REPORT
OFFICE SUBMARKETS REDEFINED
AHEAD OF THE TIMES
A VIEW FROM THE TOP OF PIKES PEAK
WHERE THE BUCK STOPS
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