Leasing Restaurant Space in Boulder
As Boulder's industry, population, and real estate evolve, one thing remains: its rich culinary heritage. According to YourBoulder.com, Boulder has over 115 restaurants, a significant figure given its population of fewer than 110,000. In Boulder, farmer's markets are packed like a picadilly circus and on any night of the week, one can find a farm dinner. Restaurants -- old to new, high-end to street food, dawn to late, whacky to distinctive to old timey -- all manage to find a niche and draw a crowd. If you are thinking of opening a restaurant in Boulder, there is rarely a bad time. Boulder was one of few markets that suffered minimally during the recession of 2008. Your bigger
What are the best retail areas in Boulder?
While Boulder wrestles with its identity as a small city or a big town, one thing is clear: for it's size, it has a thriving retail sector. From specialty retail shops to large chains to a legion of restaurateurs, Boulder has the perfect location for any business looking for retail. Where you go will depend on your budget and specific needs. Downtown Boulder Anchored by the pedestrian mall on Pearl Street, this area is by far Boulder's most visible and expensive retail area. Tourists and locals alike swarm the area looking for a bite to eat, a necklace to keepsake, or
Co-Working Spaces in Boulder in 2018
As with other tech heavy/entrepreneurial markets, Boulder is a co-working hub. There are more co-working and shared office spaces in Boulder than there are City Council Members. Translation: there is no shortage of opportunities to java up with some like-minded professionals and get your synergy on. But where to go? As we say - frustratingly often - in real estate: it depends. What is your industry? How much do you want to spend? How much space do you need? Are you scaling fast? To help get you started, here is a quick and dirty guide to some of Boulder's co-working spaces
Dockless Bikes Come to Boulder
They are coming, whether you like it or not. Well, a few are, anyway. Dockless bikes, the latest trend contributing to the growing space of urban mobility, are entering the Boulder market by way of a two-year pilot program. This month, Boulder’s City Council approved a 2-year pilot program which allows operators up to 100 bikes. What are dockless bikes anyway? Dockless bikes are bike share programs similar to BCycle which are tracked and reserved via an app, but which may be parked essentially anywhere. In some cities, companies have launched fleets of scooters and e-bikes with the same model. In some city’s, including Denver, dockless
Todd Walsh CCIM Brokers Lease for Porchlight Group Boulder
Welcome to Boulder, Porchlight Real Estate Group! Last week, the team at Todd Walsh CCIM helped ink a deal for Porchlight to lease 3,000 square feet at 2500 Broadway. The group has been practicing real estate in Denver since 2005 and expands into Boulder with 50 agents. Jay Hebb, formerly a founding partner at RE/MAX Alliance in Boulder, takes the reins as President and CEO of the Boulder Group. It was a pleasure to help negotiate the lease and find a perfect home for Porchlight Boulder! Read more about the deal here.
Boulder Commercial Real Estate: An Investing Haven
Ever heard of how the Japanese Yin and the Swiss Franc are considered haven currencies? In the face of geopolitical risk and weak bond markets, these currencies tend to hold their value. The city of Boulder is real estate’s version of a safe haven currency. It’s historically resilient real estate market is an attractive option for investors in times like these, when the stock market is volatile, interest rates are on the rise, and the bond market is in shambles. Investors are on the hunt for safer places to invest their money and many have turned to Boulder’s real estate market. However, with all the product being swept up, inventory is
How Discount Stores Have Managed Better Retail Earnings
As the news of yet another shut down of big box retailer, Toys “R” Us, broke last week, disruptionin the brick-and-mortar retail sector appears to be at an all-time high. However, while big shutdowns seem to dominate the news, one retail sector has quietly been on the rise for 5 years: the legendary discount store. The discount store model Dollar Tree, Family Dollar, Dollar General, Big Lots. So many monikers and they are everywhere. They make their offering unmistakable: necessities like hydrogen peroxide, ziplock bags, and toothpaste at impossibly low prices. And their simple strategy – economy of scale and low-budget, mid-sized properties – appears
Why Everyone is Moving from the Costs to the Boulder Area
There has been a lot of buzz about the boom of mid-tier markets, particularly those located along the sun belt and in the west and south. Of Amazon’s list of 20 finalist cities to host its second headquarters, 12 are non-coastal cities. In the fourth quarter of last year, Redfin reported that users in more expensive, high-tax coastal markets like San Francisco, New York, and Los Angeles, searched for homes in metro areas like Sacramento, Phoenix, Las Vegas, and Nashville where taxes are lower, the weather is friendly, and housing is more affordable. Many mid-tier markets in the middle of
How tax reform will impact commercial real estate
The Tax Cuts and Jobs Act, which passed December 20 of 2017, means big changes to the tax code. Real Estate leans heavily on taxes to propel investments. Let’s take a look at how a few things from the tax reform will impact commercial real estate. REIT REIT don’t tell Many commercial real estate investors use REITs (Real Estate Income Trusts). REITs provide income to investors in the form of dividends from things like rent and mortgage interest (but not from capital gains when properties are sold). The tax reform offers a lower tax rate on the dividends they pay out. Bottom