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FEATURED TOPICS

 

 

AI CAN’T CLOSE THE DEAL – BUT IT’S CHANGING HOW WE PREPARE FOR ONE

Over the past few weeks, I’ve had a few interesting conversations with landlords.

The question keeps coming up: “How are you using AI in your brokerage business?”

It’s a fair question, and the honest answer is that we’re starting to integrate it thoughtfully into our process. There are new tools that can analyze ownership patterns, surface companies expanding in a region, and help build more refined outreach lists that we could have assembled manually a few years ago. But the more we experiment with these tools, the clearer something becomes.

None of them replace the broker conversations..

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A LESSON FROM DENVER – AND A MOMENT FOR BOULDER

A recent CPR article on downtown Denver’s building vacancies and deteriorating conditions. Different market, different scale – but an important reminder.

Boulder isn’t Denver. We’re not staring at widespread vacancy on all asset classes or neglect. But that’s exactly the point. Now is the moment to act – not later.

I hear a lot of concern in the community about retail vacancies on Pearl Street. The reality is, retail is actually one of the stronger leasing sectors in our market right now. Good operators are still finding space, and well-located retail continues to perform..

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WHAT WE’RE READING

COSTAR INSIGHT – Small town commercial property prices as big city real estate declines

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COSTAR INSIGHT – Commercial property sales cool in Colorado’s Front Range – Office, industrial and retail investment gains momentum, while multifamily sales pull back

Full Article

COSTAR INSIGHT – Small, but something: Law firm expansion hints at gradual Denver office stabilization

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BOULDER NEWS

SUNDANCE RALLIES BOULDER BUSINESSES

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FEATURED LISTINGS

2344 Pearl St | Retail | $2,200,000

6101 Lookout Rd |Industrial/Flex | $10,480,000 | Contact for Lease Rate

5600 McWhinney Blvd | Retail | $195 – $215/SF | Multiple Units

640 Mitchell Way | Land | 3.25 Acres | $2,124,000

511 Crossing Dr. | Land | 1.11 Acres | $560,000

280 S. Taylor Ave | Flex/Industrial | 7,360 – 16,800 RSF | $15.50/RSF NNN

929 Pearl St | Office | 2,763 – 6,461 RSF | $35.00/RSF NNN

 

RECENTLY CLOSED DEALS

2305 Broadway St • Boulder • SALE • Office •  $2.32M

1599 S. 76th St • Superior • SALE • Land • $2M

1345 Plaza Ct • Lafayette • SALE • Office • $1.25M

2150 Pearl St • Boulder • SALE • Office • $1.15M

775 Bediver Cr • Lafayette • SALE • Single-Family • $500k

1585 Sagrimore Cr • Lafayette • SALE • Single-Family • $460k

1526 Spruce St • Boulder • LEASE • 7,878 SF

5398 Manhattan Cr • Boulder • LEASE • 5,800 SF

5455 Spine Rd, Unit E • Boulder • LEASE • 3,000 SF

3540 Highway 52 • Frederick • LEASE • 3,000 SF

1526 Spruce St • Boulder • LEASE • 2,377 SF

1855 S. 57th Ct., Unit 215 • Boulder • LEASE • 1,674 SF

400 W. South Boulder Rd, Unit 1200 • Lafayette • LEASE • 1,435 SF

 

CRABTREETEAM NEWS

Scott and his family made it out to Salida and the Great Sand Dunes for some winter camping and have been enjoying ski team practice days up at Eldora. Now they are shifting gears and ramping up for lacrosse season, with spring break in California already circled on the calendar. Liz and Istvan snuck away to a wedding in St. Thomas with Miss Stevie in tow. They’ve been soaking up family time with plenty of walks and weekends at their family cabin in Jamestown and are looking forward to Stevie’s first birthday later this month! Austin and his family have been enjoying basketball season and getting involved in all the family-friendly activities the Boulder area has to offer this time of year. Kelly and Levi spent time in Mexico this January, but have spent most mornings skinning at Crested Butte and taking advantage of a rare, warm Gunnison winter by getting out for plenty of runs.

As always, our team is grateful for a strong start to the year and looks forward to an exciting spring ahead.