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Showing posts from August, 2019
Travis Ackerman Reflects on First Quarter North Colorado Office Space Market Realtor Travis Ackerman shares North Colorado office market real estate update for this year’s first quarter. Following a strong year in 2018, North Colorado’s office space market has enjoyed a promising start to 2019, something which looks set to continue for the foreseeable future. That’s according to  realtor Travis Ackerman , a director for Cushman & Wakefield Commercial Real Estate, as he shares an office market real estate update for the year so far. “We’re pleased to report that both overall and direct average gross rental rates have increased from the close of 2018 to the close of the first quarter of 2019,”  reveals Ackerman , “increasing by 1.4 percent to $23.38 per square foot, and by precisely one percent to $23.22 per square foot, respectively.” Rental rates, he adds, continue to rise across all building classes as demand continues to outstrip supply across much of North Co
Travis Ackerman shares North Colorado industrial real estate market update Realtor Travis Ackerman examines latest North Colorado industrial real estate market figures. Well known across the northernmost Colorado real estate sector for his integrity and work ethic, experienced realtor  Travis Ackerman  is a director for Cushman & Wakefield Commercial Real Estate. Here, Ackerman offers a closer, professional insight into this year’s first quarter industrial real estate market. “Overall vacancy remains extremely tight in the North Colorado industrial market,” reveals Ackerman, “closing the first quarter of 2019 at just 2.4 percent.” This figure, he goes on to reveal, represents a 20 basis point decrease, quarter-over-quarter, and a 30 basis point increase year-on-year. “Accordingly,” says Ackerman, “the first three months of 2019 mark our 23rd quarter of overall vacancy at or below four percent.” Rental rates, the realtor further points out, have also increased thanks t
Travis Ackerman examines latest North Colorado retail real estate market figures Realtor Travis Ackerman outlines the latest movements in North Colorado's retail real estate sector. An experienced and highly respected realtor,  Travis Ackerman  is well known throughout the northernmost Colorado real estate industry for his integrity and work ethic. A director for Cushman & Wakefield Commercial Real Estate, Ackerman provides a closer, professional look at this year's first quarter retail real estate market. "Vacancy among retail real estate space in North Colorado grew in early 2019," explains Ackerman, "seeing the first quarter close with an overall vacancy of 4.6 percent." This figure, he goes on to reveal, represents a 20 basis point increase, quarter-over-quarter, and a 30 basis point increase year-on-year. "Despite marginal increases, however," says Ackerman, "the first quarter of 2019 does indeed mark the 21st consecutive quart
About Travis Ackerman Travis Ackerman serves as a Vice President for Cushman & Wakefield Commercial Real Estate, specializing in the sale and lease of office, industrial, retail and land in Northern Colorado. Since 2007, Ackerman has been involved in over 750 transactions totaling over $500,000,000. He is known in the Northern Colorado community for his integrity and work ethic, which has elevated him to one of the top commercial brokers in the region. Travis Ackerman earned a Bachelor of Science in Finance and Real Estate from Colorado State University in Fort Collins, Colorado and is a Colorado Native growing up on a farm in Eastern Colorado.