Brett Ogden | Broker

Commercial Real Estate Broker, Investor, and Advisor in Colorado [phone]

[Brett Ogden | Broker @ColoCommercial]

Construction on N Powers to I-25 will resume next month. They’ll start with the bridges shown in the image below. Then proceed to the road. Don’t get too excited though… anticipated completion date is 2030 at the earliest.

[Brett Ogden | Broker @ColoCommercial]

Merry Christmas!

https://t.co/TurTsQwvKc

[Brett Ogden | Broker @ColoCommercial]

As WFH starts to fall out of favor, we're seeing tech companies not only renew leases but make office purchases as well.
https://t.co/ry62YWwWEK

[Brett Ogden | Broker @ColoCommercial]

Office leasing, on a national level, is making its comeback!
https://t.co/JKcBMAcW4i

[Brett Ogden | Broker @ColoCommercial]

How far you’re actually walking in a parking lot vs shopping in a more urban setting... https://t.co/w8tafOzJB3 via @YouTube

[Brett Ogden | Broker @ColoCommercial]

@HoffLeigh Market Reports for Colorado Springs' retail, office, and industrial markets are now posted:
https://t.co/Lj51euaXs5

[Brett Ogden | Broker @ColoCommercial]

An unfortunate loss for #ColoradoSprings

https://t.co/5ozxjHj7ew

[Brett Ogden | Broker @ColoCommercial]

A city is either growing or it’s dying. Our city council just voted in favor of hindering the growth of #ColoradoSprings. We need more jobs and more affordable housing and La Plata’s Amara would have helped with both.

https://t.co/s4IzRSL4FB

[Pikes Peak Regional Building @PPRBD]

Apartment construction is slowing in the Pikes Peak region.

In May, there was only a very small 3 unit complex in Monument that was permitted. YTD = 507 new units.

With older projects finishing up, the total number of apts under construction right now is 7,827. (-350 since May)

[Brett Ogden | Broker @ColoCommercial]

Multifamily Investment Falls to Four-Year Low https://t.co/ZGyExdkgCG

[Brett Ogden | Broker @ColoCommercial]

Some signs of a turn-around in the large office leasing market.
https://t.co/pUOxeKYdO1

[Brett Ogden | Broker @ColoCommercial]

What this latest series of interest rate hikes looks like compared to rate hikes over the past five decades.

[Brett Ogden | Broker @ColoCommercial]

The impacts of this on the residential home selling process will take time to see. But it's important to clarify that this is a result of the near monopoly that NAR has held with MLS. The same monopoly does not exist in the commercial real estate market.
https://t.co/uGdnWAbMSn

[Brett Ogden | Broker @ColoCommercial]

10 acres of commercial land available in Monument with I-25 visibility. Interested but need less acreage?Give me a call! More details here: https://t.co/kcciSJNdcT

@hoffleigh #commercialrealestate

[Brett Ogden | Broker @ColoCommercial]

High visibility retail space on Hwy 85 in #Fountain, Colorado. Nearly 2,000 SF end cap (highway facing) with glass on two sides. $18/SF NNN. More info in the link: https://t.co/VAcqATsbUU
@hoffleigh #commercialrealestate #coloradosprings #Retail

[Brett Ogden | Broker @ColoCommercial]

Evolution of #fastfood continues with @ChickfilA announcing the 2024 opening in Atlanta of a 4-lane drive thru, vertical kitchen concept that will have two lanes devoted to online orders. You might recognize the similarity to @tacobell's Defy concept. Less space, more sales!

[Brett Ogden | Broker @ColoCommercial]

Well done, ⁦⁦@tacojohns⁩! Hoping ⁦@tacobell⁩ accepts the challenge. https://t.co/BSrTlcgMB9

[Brett Ogden | Broker @ColoCommercial]

Early plans for annexation, hundreds of homes just south of Colorado Springs move forward https://t.co/gGk8HI144k via @csgazette

[Brett Ogden | Broker @ColoCommercial]

Did anyone *not* see this coming... both the return-to-office mandates AND the employee reaction? https://t.co/2lMLH0OWRG

[Brett Ogden | Broker @ColoCommercial]

This data is by no means conclusive but it does suggest that office properties in the suburbs (rather than downtown core) are doing slightly better. And, that tenants are not necessarily moving to higher quality buildings.
https://t.co/IC5nHBh589