Louisville’s Madera Grill closes abruptly; cites slumping sales
Louisville’s Madera Grill, a local haunt situated along the city’s
Where Have All The Industrial Spaces Gone?
Where have all the industrial spaces gone? Not long ago, much of East Boulder was filled with industrial spaces that cost between $8-12/SF gross. Now businesses are finding it hard to renew their leases at ever higher rates. If they consider moving, they are faced with a low-vacancy market and landlords that are not willing to renegotiate much on rent or concessions. Landlords want to get the “Highest and Best Use”- which is thrown around in the market, but effectively means landlords are holding out for the tenant that is willing to pay the most for the real estate. Tech companies, breweries, distilleries, coworking spaces and
Where Have All The Industrial Spaces Gone?
Where have all the industrial spaces gone? Not long ago, much of East Boulder was filled with industrial spaces that cost between $8-12/SF gross. Now businesses are finding it hard to renew their leases at ever higher rates. If they consider moving, they are faced with a low-vacancy market and landlords that are not willing to renegotiate much on rent or concessions. Landlords want to get the “Highest and Best Use”- which is thrown around in the market, but effectively means landlords are holding out for the tenant that is willing to pay the most for the real estate. Tech companies, breweries, distilleries, coworking spaces and