As Cities Go Dark, Tenants Gain

Upper Hand in Office Lease Negotiations


Pandemic Slows Demand, Pushes Landlords to Close Deals Quickly, With Concessions


By Cara Smith-Tenta | CoStar News | 
March 24, 2020

Photo of closed Coors Field in DenverAs the U.S. commercial real estate market reckons with the rapid spread of the new coronavirus, office brokers and analysts are bracing themselves for a market that favors tenants when, just days ago, the nation was broadly experiencing one of the strongest demand benefiting landlords.

For proof, look no further than a deal closed in the past week by Coy Davidson, a senior vice president in brokerage Colliers’ office group in Houston. Davidson, who was prohibited from naming the landlord and tenant by a nondisclosure agreement, said the office tenant — a health care company looking to lease 8,000 square feet — and the property owner of a “very expensive space” in a “high-profile building” were negotiating back-and-forth over price, “and, all of the sudden, the world started changing.”  READ MORE

Latest Research Paves the Way to the Best Decisions


Image of Denver Office Market Report Denver, CO – Office Market Report: 4th Quarter 2019

This thorough report updates the Office Tenant and Buyer on Denver’s Office Market (not including the Boulder Office Market, which is separately broken out below) for the 4th Quarter ending December 31, 2019.


Denver, CO – Industrial Market Report: 4th Quarter 2019

Here’s a comprehensive report that provides Industrial Tenants and Buyers with an update on the Flex and Warehouse segments of Denver’s Industrial Market (again not including the Boulder Industrial Market, which is separately shown below) for the 4th Quarter ending December 31, 2019.


Boulder, CO – Office Market Report: 4th Quarter 2019Image of Boulder Office Market Report

This detailed report updates Office Tenants and Buyers on the conditions in Boulder’s Office Market for the 4th Quarter ending December 31, 2019. (Note: This report does not show any information about the Denver Office Market, which is available above.)


Image of Boulder Industrial Market ReportBoulder, CO – Industrial Market Report: 4th Quarter 2019

This extensive report provides Industrial Tenants and Buyers with an update on the status of the Industrial Market for Flex and Warehouse buildings in Boulder, Colorado, for the 4th Quarter ending December 31, 2019. (Note: It does not include any information about the Denver Industrial Market, which you can find above.)


Austin/Round Rock, TX – Office Market Report: 4th Quarter 2019

This detailed report updates Office Tenants and Buyers with a look at current market conditions in Austin/Round Rock’s Office Market for the 4th Quarter ending on December 31, 2019.


Austin/Round Rock, TX – Industrial Market Report: 4th Quarter 2019

Industrial Tenants and Buyers in Austin/Round Rock can quickly get up to speed on the latest market conditions for Flex and Warehouse properties through the 4th Quarter ending on December 31, 2019.


National USA Office Market Report: 4th Quarter 2019

Here’s a report that provides Office Occupiers with a complete update on the National USA Office Market for the 4th Quarter that ended December 31, 2019.


National USA Industrial Market Report: 4th Quarter 2019

Take a look at this report providing Industrial Occupiers with a complete update on both the Flex and Warehouse segments of the US Industrial Market for the 4th Quarter ending December 31, 2019. 

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