Four trends changing retail and what it means for commercial real estate: Part 1
Last week we looked at some recent retail transactions in Boulder that suggest quite a change to Boulder’s landscape. In this post, we explore some trends changing retail and what this means for commercial real estate investors, particularly in Boulder. There is no question that online shopping continues to grow. In 2010, there were 34 billion visits to U.S. stores. By 2013, there were 17.6 billion (according to Elite Wealth Management). But other trends suggest that retail is not dying, but just shifting its role. It is critical for commercial real estate investors to understand the factors – including product, industry and
What is a 1031 Exchange and will it work for you?
A 1031 Exchange is a relatively simple addition to the process
How retail is changing and what it means for Boulder investors
Retail is changing. And several recent restaurant closures
Boulder Multi-Family Investing
Trying to break into the Boulder multi-family market? Here is some information on why now might be a good time. Boulder has a housing problem. According to data compiled by Re/Max of Boulder and reported in the Boulder Daily Camera, the median price of a single family home in Boulder jumped to $905,000 last year, a 15 percent increase over the previous year. At the same time, the vacancy rate for rentals stands at a low 4.4 percent, according to a 2016 community profile released by the city of Boulder. Additionally, many who live here are not able to work here. About
A Commercial Real Estate Blog for Boulder, CO
I am excited to unveil my new blog, a project I have been working on (and thinking about) for a while. My goal of this site is to provide current and reliable commercial real estate data for businesses and investors who are leasing or purchasing property in and around Boulder, Colorado. I appreciate feedback as this site develops to help me make it a valuable tool for those involved in commercial real estate transactions here in Boulder. Who is Todd Walsh? Growing up in Boulder I have watched this city grow from a little college town tucked near the foothills to a
How Do You Calculate Gross Rental Income?
These costs are not always clearly laid out in the marketing
Rising Rates and Falling Vacancies – Office and Industrial Overview Boulder, Colorado
All information in this report was collected from the following databases
What You Should Expect From Your Property Manager
The task of operating a commercial property, from rent collection to maintenance to lease administration, is enormously time-consuming. Therefore, many owners outsource this work to a property manager. Below is a list of what you should expect from your property manager. Rent Collection and Bill Pay: Collecting rent and paying bills must be handled every month and is very time-consuming. Your property manager handles both the property’s income and expenses for you. You should expect your property manager to provide both online and mail-in options for rent collection and to deal with delinquencies if any. Your property manager should also pay all
Talk is cheap… so write it down.
Think of the table that General Lee and Ulysses