Colorado Real Estate

11/02/2026

Which one would you rather lease?

Photo 1 is white box: ceiling grid, lights, HVAC and finished walls are in. You still pay for flooring, offices and cabling.

Photo 2 is shell: open deck, exposed ductwork, no ceiling or drywall. Nearly everything is on you, but the views and the blank slate can win the right deal.

Either way, the asking rate isn't the real cost. In our sample, a $22/SF white box ran $44.63/SF a year all-in once the buildout was counted. A $27/SF spec suite ran $27.77.

The full breakdown is on our Market Insights blog at crevelogroup.com.

10/31/2026

Denver office tenants: that cheap white box space might not be cheap.

We ran a 4,000 SF, 5-year sample. White box at $22/SF vs. a move-in-ready spec suite at $27/SF. Once you add a $150/SF buildout and a typical $40/SF TI allowance, the white box costs $44.63/SF a year all-in. The spec suite? $27.77.

Metro vacancy is 27.1% (Cushman & Wakefield, Q3 2026), so tenants have leverage. Just make sure you're negotiating the right number - the allowance, not the face rate.

Full breakdown, sources and what to negotiate:
https://coloradocommercialbroker.com/denver-white-box-office-space/

10/30/2026

Denver and Colorado Springs are telling different stories. Vacancy per CoStar's Oct 12, 2026 market reports:

Office: Denver 17.8%, Colorado Springs 11.5%
Industrial: Denver 9.2%, Colorado Springs 6.7%
Retail: Denver 4.4%, Colorado Springs 4.8%

Retail is tight in both markets, so a well-leased retail property usually finds buyers through a normal listing. Metro Denver office and industrial carry the most pricing uncertainty. That's where an auction can earn its fee, because real bidders tell you what the building is worth today.

Where does your property fall?

A commercial property auction can close in under 100 days. See the Denver numbers, who really pays the buyer fee and when a traditional listing still wins.

10/29/2026

A thin data room costs money. Buyers who can't verify something either bid lower to cover the risk or don't bid at all.

Before a commercial property goes to auction, we want this ready:
- Title commitment and recorded exceptions
- ALTA survey
- Phase I environmental
- Property condition report, including roof and HVAC age
- Rent roll, leases, amendments and estoppels
- Trailing 12-month operating statement plus the prior two years
- CAM reconciliations and current tax bills
- Service contracts, warranties and utility history
- Zoning verification letter
- For condos: declaration, bylaws, HOA budget and reserve study

It's the same package a traditional buyer asks for in due diligence. The difference is it has to be ready on day one, not day 30.

Full guide:

A commercial property auction can close in under 100 days. See the Denver numbers, who really pays the buyer fee and when a traditional listing still wins.

10/28/2026

Reserve or absolute: which auction format fits your property?

Most commercial auctions are reserve auctions. You set a minimum price, and if bidding falls short, you can walk away. That protects the downside, but buyers know you have an exit, and some bid more cautiously because of it.

In an absolute auction, the property sells to the highest qualified bidder no matter the price. That draws the most aggressive bidding and puts the full risk on you. It fits when the seller has to sell: a court-ordered sale, an estate that needs to settle, a partnership with a hard deadline.

For most Front Range owners, a reserve auction is the practical middle ground, as long as the reserve comes from real underwriting. A reserve set from hope is the most common way auctions fail.

More here:

A commercial property auction can close in under 100 days. See the Denver numbers, who really pays the buyer fee and when a traditional listing still wins.

10/27/2026

Should you auction your commercial property right now?

Auctions don't carry the stigma they used to. Ten-X reports under 100 days from list to close on average, and with the 10-year Treasury near 5%, a firm date can settle a price standoff that a traditional listing might drag out for months.

Here's the part most sellers miss: the buyer's fee comes out of your price. A buyer capped at $2,000,000 all-in on a 3% fee property can bid no more than $1,941,748.

On our sample $2M Parker building, three months of saved carrying costs came to about $36,140. That's less than the $58,252 fee. Speed alone rarely justifies an auction. Speed plus price discovery plus certainty can.

Good fits: commodity office, older industrial, estate sales, partnership breakups, hard loan maturities. Poor fits: well-leased retail, and owner-user buildings where the buyer needs SBA financing.

Full breakdown with the math:

A commercial property auction can close in under 100 days. See the Denver numbers, who really pays the buyer fee and when a traditional listing still wins.

10/26/2026

Thanks to Aaron Delabre of Delabre Mauro Advisory Group for sharing how preliminary buildout schedules help businesses negotiate lease timing, plan a successful opening, and avoid permitting surprises.

10/15/2026

Discover significant savings between $16,000 and $37,000 on our Golden Garages with this phase 2 release. Visit playgroundgarages.com to tour and understand the quality construction. Don't miss out on Centennial location pricing!

10/07/2026

Phase 2 at Playground Garages of Centennial: 8 sales only, 5 left. Closes in October or when the last unit goes. Deeded garage condos at 7020 S Kenton St, north of Centennial Airport, closest to I-25 and Arapahoe Rd. Units 18-32 ft. wide, 35-60 ft. deep, 14 ft. doors, 125-amp service, heat and water. Gated, 24/7 access. Visit us online at Playgroundgarages.com Images are renderings only. Specs, pricing and availability subject to change. Visit our golden location to learn about our quality construction and why Playground Garages is the choice for you.

01/13/2026

Boost your investment mindset with these 3 key drivers: 1) NOI – your income pulse, 2) Cap Rates – your risk-return guide, 3) Interest Rates – the market's winds of change. Navigate with confidence!