Every once in a while we see a news article like this one proclaiming that "tenant representation" (like that, in quote marks) is a big new trend in commercial real estate.
We've been doing Denver tenant representation for a long time now, so we're not sure if it's good or bad that a reporter looks at what we are doing right now as a "trend."
Companies, under the advisement of their exclusive tenant representative, are wise to evaluate the stability of the landlord of a potential new space.
According to the Urban Land Institute's (ULI) survey "Emerging Trends in Real Estate", Denver commercial real estate is among the top ten markets to watch in 2011.
This positive forecast states that "Denver demonstrates 21st century growth by strengthing it's downtown core through a new light rail and railroad hub to serve surrounding suburbs". This transit oriented development will help to strengthen the commerical real estate market by expanding the housing and commercial market downtown and making real and easily accessible connections to the surrounding areas.
The Denver commercial real estate market continued to improve in the third quarter, according to a Market Trends report by commercial real estate firm Newmark Knight Frank Frederick Ross (NKFFR).
In August 2010, the Financial Accounting Standards Board, or FASB, released a draft of what companies may be required to do to comply with new accounting standards and how those changes are going to impact companies that lease real estate, whether it be office, industrial or retail. This new standard will apply to all companies, big or small, private or public, that lease any type of commercial real estate.