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. From REALTOR® magazine, Forbes magazine turned to real estate research firm Local Market Monitor to figure out which markets have the greatest likelihood of price appreciation because they offer a mix of jobs weighted toward growth industries. Two Colorado areas, Colorado Springs and Denver-Aurora-Broomfield, placed in the top ten. Colorado Springs was 6th on the list and the Denver-Aurora-Broomfield area placed 8th.
David Bracht, Division President of Lennar Colorado, shared 2010 Major Relocations and Expansions in the Denver market. They are as follows:
1. TriZetto Group, Inc. – healthcare software move HQ from Newport Beach to Greenwood Village.
2. Vestas Tech R & D America, Inc. – new engineering and product development division in Louisville.
3. Children’s Hospital - $228 million, 350,000 sq. ft. expansion generating 500 new jobs.
4. Abound Solar – 300 new expansion jobs at Longmont facility to increase production of thin-film PV modules.
5. CBeyond, Inc. – Customer Call Center in DTC in September, 2010 with 200 new jobs.
6. Catholic Health Initiatives – 200 IT workers for new $1.5 billion program to enhance clinical information technology system.
7. Cummins Rocky Mountain – 70 new jobs at country’s newest and largest diesel engine remanufacturing plant.
8. Rivet Software – develops tools for SEC financial standards compliance to hire additional 80 employees.
9. University of Colorado Hospital - $400 million, 600,000 sq. ft. expansion at Anschutz Medical Center that will create 1,400 new jobs.
10. United Launch Alliance – expansion of existing facility to house another 300 employees to a total of 2,000 for space launch services.
11. Raytheon Company - $887 million contract from U. S. Air Force to develop a new element of Global Positioning System; 300 new jobs.
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10 Markets Areas in the United States Most
Likely to Appreciate These are the top markets, the research company concludes: 1. Raleigh-Cary, N.C. 2. McAllen-Edinburg-Mission, Texas 3. Austin-Round Rock, Texas 4. Nashville-Davidson-Murfreesboro-Franklin, Tenn. 5. San Antonio, Texas 6. Colorado Springs, Colo. 7. Albuquerque, N.M. 8. Denver-Aurora-Broomfield, Colo. 9. Springfield, Mo. 10. Indianapolis-Carmel, Ind. Source: Forbes, Francesca Levy (09/13/2010)
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Exciting News about Aurora and The Gardens at Havana
Link to the Newsletter "On Havana Street" about the Redevelopment of Havana St http://www.onhavanastreet.com/ October 16-24: 3rd Annual International Restaurant Week a Unique "2-Fer" International Feeding Frenzy On Havana Street at 36 Restaurants! http://www.onhavanastreet.com/denver-events.cfm FREE ELECTRONIC RECYCLING EVENT & FOOD DRIVE AND FUNDRAISER FOR THE FOOD BANK OF THE ROCKIES Saturday, October 23, 2010 from Noon - 5 p.m. http://www.onhavanastreet.com/denver-events.cfm "SPOOKY WALK" AT THE GARDENS ON HAVANA FOR KIDS AND THEIR PETS, SATURDAY, OCTOBER 30, 1:00 p.m. to 5:00 p.m. http://www.onhavanastreet.com/denver-events.cfm Rose From Lisa's Garden Wins Top Honors at Denver Rose Society Show at The Gardens at Havana http://www.onhavanastreet.com/documents/Sept132010RoseFromLisasGardenWinsTopHonorsatRoseSocietyShow.pdf
_____________________________________________________________________________________________________________________________________________________________________________ Commercial Real Estate Recovery
The commercial real estate industry is rebounding in the U.S.,
according to Brett White, CEO of CB Richard Ellis. He sees
multi-family leading the way, followed by office and retail with the
industrial recovery trailing. “We also see an incredible demand for
very-high-quality, well-leased assets of all classes,” White
said. He recommends Class B office or industrial products in
suburban locations or hotels for small investors who can tolerate
some risk. Read full article: Related Articles
LBA
Realty Pays $7.8M for Industrial in Aurora - LBA Realty
purchased an industrial building in Aurora for $7.8 million, or
nearly $57 per square foot. The one-story, 136,828-square-foot
industrial building is situated in the Southwest DIA/Pena Boulevard
Industrial submarket. Read full article:
http://www.costar.com/News/Article.aspx?id=1634774B269770C6D2B4D5DDBB304556&ref=100&iid=194&cid=9001CBAF4DBD10ED080732AB2C10D7B8
ProDPI Leases 25,500 SF in Englewood
http://www.costar.com/News/Article.aspx?id=53B05B9298412EA4419DB48A11CB63B0&ref=100&iid=194&cid=9001CBAF4DBD10ED080732AB2C10D7B8 Donor Alliance Buys Office Bldg. for $1.3M http://www.costar.com/News/Article.aspx?id=4D80DF1E8B51798B6F7C0D84B4862508&ref=100&iid=194&cid=9001CBAF4DBD10ED080732AB2C10D7B8
According to MLS statistics the Metro Denver area sold over 4,000 houses, townhomes, and condominiums in May of 2010 worth over $1 Billion. In June of 2010 about the same number of homes were sold, again for over $1 Billion. The major difference was that the average detached single family home sold for $26,090 more in June than in May. That is a 10% increase in one month1! ! For both months, once again, the South Aurora area had the most sales, followed by Denver Southeast. This does NOT mean that every neighborhood or every house has gone up in value. It simply means the average of all those homes that were sold was higher Click here for information about "Why Some People are Negative about Denver-Aurora Real Estate Market." Click here for articles "Why Prices are Rising in Aurora Hills" "Why Prices are Rising in Village East" From Land Title's Positive Perspective July, 2010 Issue 25 9 Positive Articles about Denver and Colorado listed below Denver is 'Most Improved' U.S. Housing Market, Businessweek Says: Denver is the "most improved U.S. housing market," according to a new report from Bloomberg Businessweek. "In Denver, the economy and employment slowed just as other areas did during the recession, but things appear to be moving in the right direction this year," the report says. read more here
Mortgage Applications Rise 9% After Rates Fall: WASHINGTON—Applications for mortgages rose last week as consumers refinanced their loans at the lowest rates in more than 50 years. read more here
Denver-Area Home Resales Up 20% in May From 2009: Even though federal homebuyer tax credits expired April 30, they continued to boost the Denver area’s home resale market in May, according to Metrolist Inc. data released June 8th. read more here
Denver-Area Luxury-Home Sales Jump 62%: Denver-area sales of homes priced at $1 million or more jumped 61.8 percent in May from a year earlier, according to Coldwell Banker Residential Brokerage's monthly report on high-end sales. read more here
19% of Denver-Area Employers Plan Q3 Hiring: Nineteen percent of Denver-area employers plan to hire in the third quarter, while 8 percent expect to cut their payrolls, according to a new quarterly survey by Manpower Inc. read more here
Denver Home Prices Up 4.4% From 2009, Case-Shiller Index Shows: For the sixth month in a row, home prices in the Denver area showed a 4.4 percent year-over-year increase in April, and prices also rose 1.7 percent between March and April, according to the latest S&P/Case-Shiller Home Prices Index, released June 29th. read more here
Juju.com: Denver Improves a Notch in June Among Best Cities for Job Seekers: Denver is in 10th place among 50 large U.S. cities in the latest ranking of the best markets for job seekers by career search engine Juju.com. read more here
Portfolio.com: Colorado Has 3 of Nation's Top 10 Mid-Sized Business Markets: Colorado has three of the nation's top 10 mid-sized markets for business, and Boulder ranks No. 1, according to a report Wednesday from Portfolio.com. Fort Collins places third, and Colorado Springs seventh, says the national business news website. read more here
Greeley Ranks Among the Nation's Top 10 Great Places to Retire: According to the July/August issue of Where to Retire magazine. "Convenient to Denver and Rocky Mountain National Park, Greeley is a college town with an active arts and music scene and offers lower housing prices than common in some other areas of the state," according to the article. read more here |
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