Page 46 —
COLORADO REAL ESTATE JOURNAL
— September 21-October 4, 2016
PROPERTY AVAILABLE
For Sale
For Lease
Wanted
office • industrial • retail • multifamily • land • medical office • hospitality • restaurants • senior housing & care
being reimagined as “expe-
riential” – providing service
options, “showroom” spaces
(i.e., Tesla) while many actual
purchases are being made
online. Malls are redefin-
ing the concept of “anchor”
stores, with high-end food
courts replacing department
stores. “Mixed-use experi-
ences” – such as a hotel/
restaurant/sports (bowling)
combination in addition to
traditional stores – are grow-
ing. Watch for new retail
ideas to attract consumers,
including offering more local
and regional shops and fewer
large chains, in an effort to
create more unique shopping
experiences.
As we begin to see signs
that we have reached the
peak of one of the hottest
retail investment markets in
history, many owners are re-
evaluating their portfolios to
decide which properties they
want to keep versus which to
sell. Core properties located
within major MSAs and/or
high demographic areas have
always been desirable, how-
ever, over the course of the
real estate cycle, investors
have moved to secondary or
tertiary markets in search
of significantly better yields,
choosing credit tenancy over
location.
On the Watch List:
The Counselors of Real
Estate organization noted
that close runners-up in
development of The CRE
Top Ten Issues Affecting
Real Estate 2016-17 list
included
21st Century
Manufacturing &
Industrial, Infrastructure,
and
“Unknown Unknowns”
(such as terrorism and trade
agreements, which are factors
that could affect commercial
and residential markets).
About The Counselors of
Real Estate
The Counselors of Real
Estate, established in 1953,
is an international group of
high-profile professionals
including members of promi-
nent real estate, financial,
legal and accounting firms as
well as leaders of government
and academia who provide
expert, objective advice on
complex real property situa-
tions and land-related mat-
ters. Membership is selective,
extended by invitation only.
The organization’s CRE
(Counselor of Real Estate)
credential is granted to all
members in recognition of
superior problem solving abil-
ity in various areas of real
estate counseling. Only 1,100
people in the world hold the
CRE credential.
For more information,
contact The Counselors of
Real Estate, 430 N. Michigan
Ave., Chicago, IL 60611;
312/329.8430
CRE
