The COVID-19 Pandemic has had a major impact on our national economy. Just before the coronavirus outbreak, the metro had strong economic momentum. For Denver, the leading positive economic impact market is Industrial. To better assist our clients, our team has compiled a COVID-19 Response Resource Page on our Commercial Minute Blog.
The COVID-19 Pandemic will have less of an impact on the industrial sector. Most industrial tenants have been classified as essential. Logistics companies and e-commerce tenants are likely to feel an increase in activity due to the stay-at-home nature of their consumers. Denver has positioned itself as one of the most active second tier industrial markets in the country. Available industrial spaces remain below the long-term average; even after 2019 shattered records with more than 6 million SF of deliveries. Rents in this market are more than 60% greater than the previous cycle, one of the best performances in the nation.
Investing in commercial real estate has historically been a sound option for investors looking for a stable return on their capital investments. Entrepreneurs looking to build wealth should consider purchasing commercial real estate in our current economic conditions and take advantage of the low interest rates and aid programs available through COVID-19.
For more information on how to benefit from the current commercial real estate market, contact Transworld Commercial Real Estate at 720-574-2953 or visit transworldcre.com.
Transworld is a leading commercial real estate firm in Colorado serving the Rocky Mountain Region. Over the past six years our team has completed more than 200 transactions totaling 2.5 million+ square feet in leasing and have completed in excess of $20 million in sales over 25 states in the retail, office, industrial, and flex commercial real estate markets. Through their business brokerage partner, Transworld Business Advisors – Rocky Mountain, Transworld also advises clients on business mergers & acquisitions.
*This Commercial Market Report was compiled with data provided by Transworld Commercial Real Estate, The Colorado Sun and CoStar.