Posts by Billy Byrne

2020 in Review–A Warm-Up of Things to Come for Denver Commercial Real Estate?

on March 03, 2021

Anyone reading this understands that 2020 was an incredibly volatile and challenging year, and the commercial real estate industry was one of the most affected by the COVID-19 pandemic. It proved to be an interesting dynamic in that not all commercial real estate segments were affected in the same way. The industrial sector of the economy has remained strong and vibrant, as have e-commerce-based companies. This has created unprecedented demand for industrial and manufacturing space around the country, and many categories of industrial space have actually seen vacancy rates decline and rental rates increase. Similarly, the biotech industry set capital formation records during the pandemic, creating unforeseen and unprecedented demand in all of the major biotech markets across the country.

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About this Author

Billy Byrne

Billy Byrne is executive vice president at Hughes Marino, an award-winning commercial real estate company with offices across the nation. Contact Billy at 1-844-662-6635 or billy@hughesmarino.com to learn more.

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