Commercial Real Estate Investment Club

Doug Jennings Colorado Commercial Real Estate

🚀 Looking to Invest in Commercial Real Estate but Don’t Want to Do It Alone?

I’m launching a Commercial Real Estate Investment Club for people who want to learn, collaborate, and invest together—without the pressure, formality, or sales pitch that often comes with traditional CRE deals.

This club is perfect if you want to:

🏢 Explore real commercial real estate opportunities
🤝 Invest as a group or individually—your choice
📚 Learn through shared conversations and real deal analysis
💬 Connect with like‑minded people in a supportive environment
🔍 Review real opportunities together without the high‑pressure atmosphere

No suits. No hard sells. No complicated commitments.

Just a group of people who want to grow, invest wisely, and enjoy the journey—together.

If you’d like more details or want to join the Commercial Real Estate Investment Club, email me at Doug@CommercialDoug.com and we’ll set up a time to talk.

#CommercialRealEstateInvestmentClub
#CREInvesting
#GroupInvesting
#PassiveIncome
#RealEstateInvestors
#InvestTogether
#CommercialRealEstate
#RealEstateEducation
#CRECommunity

Colorado Commercial Real Estate Sales Update

Doug Jennings Colorado Commercial Real Estate, Doug's Commercial Report

Colorado CRE Market – February 2026 Update


The latest numbers are in, and Colorado’s commercial real estate market continues to show strong activity across key asset classes. Here are a few standout insights from this month’s report:

Link – Visual Chart


📊 Sales Volume Trends
Industrial, office, multifamily, land, retail, and specialty assets all continue to demonstrate significant movement, with multifamily and industrial remaining major volume drivers. Data By Doug Report 02.2026

📈 Sales Count Highlights (2010–2025)
Long term transaction trends show how dynamic our market is:
• Post pandemic recovery peaked in 2021 with 6,342 transactions, the strongest year on record. Data By Doug Report 02.2026
• Activity tapered in 2022–2024, then rebounded in 2025 with 5,470 total sales. Data By Doug Report 02.2026
• For January 2026, the forecast is based on the average of the last three Januarys—providing an early year benchmark grounded in historical performance. Data By Doug Report 02.2026

🏙 Why This Matters
Colorado remains one of the most resilient and active CRE markets in the country. Investors, developers, and occupiers continue to find strong opportunities across product types, supported by steady transaction flow and long term upward trends.

If you want the full breakdown—asset-class charts, historical tables, and my commentary—feel free to reach out.
—
Just another reason you need to talk with Doug Jennings, CCIM if you have any commercial real estate needs in Colorado!

Doug Jennings, CCIM
RE/MAX Commercial
📲 720 434 6637
DougJennings@REMAX.net

#ColoradoCRE #CommercialRealEstate #CREMarketUpdate #DenverCRE #ColoradoEconomy #CREInsights #CommercialBroker #CCIM #RealEstateInvesting #MarketTrends #CREData #IndustrialRealEstate #Multifamily #RetailRealEstate #LandDevelopment #RealEstateAdvisor
All data sourced from CoStar and requires further validation

Colorado Map; US Migration – where are they moving?

Doug Jennings Colorado Commercial Real Estate

Colorado’s growth story isn’t what most people think.

Between 2020 and 2024, Colorado added nearly 170,000 residents—and migration, not births, is the real driver.
Here’s what the data actually shows:

CO Migration
📈 Colorado by the numbers

• +182,169 people since 2020
• 3.2% growth rate (faster than the U.S. average of 2.6%)
• 11th in total population growth nationwide
• 16th in percent growth


🚚 What’s driving the growth?
• 63% of Colorado’s population increase came from net migration
• Only 37% came from natural increase (births minus deaths)
In plain terms:


👉 People are choosing Colorado.
This has real implications for:
• Housing demand
• Workforce availability
• Commercial real estate absorption
• Infrastructure and municipal planning

For owners, investors, and developers, migration-led growth behaves very differently than organic growth—and the opportunities (and risks) are not evenly distributed across the state.
Data source: Colorado State Demography Office, Vintage 2024 Population Estimates (pages 8 & 17).
2025 Summit Population Estimates

Link to source document.

-On a National Level-

People vote with their feet.

From 2020–2024, U.S. population growth clustered in just a few states:

⬆️ Top gains
Texas: +1.2M
Florida: +1.0M
North Carolina: +487K

⬇️ Largest losses
California: −338K
Illinois: −194K
New York: −102K

This isn’t random—it’s a signal.

Population growth fuels housing demand, jobs, and commercial real estate activity. Declines create very different challenges.

Follow the people. The real estate usually follows next.

Source: U.S. Census Bureau | Colorado State Demography Office

#ColoradoRealEstate
#PopulationTrends
#EconomicGrowth
#CommercialRealEstate
#SiteSelection
#CREInsights
#ColoradoBusiness

Commercial Real Estate – Colorado 2025

Doug Jennings Colorado Commercial Real Estate, Doug's Commercial Report

Click here for report: Data By Doug Report 01.2026

Colorado’s commercial real estate market continues to prove its resilience and adaptability — and the 2025 numbers tell a compelling story.

As we wrap up another year of shifting capital, evolving demand, and renewed confidence across asset classes, the data highlights a market that is recalibrating… and strengthening. All figures below are based on Data by Doug (CoStar‑sourced, pending further validation).

📈 2025: A Year of Rebound and Realignment

Total commercial sales volume across all sectors is projected to land ~10% higher than 2024, signaling a meaningful step forward for Colorado investors, owners and operators.

🔍 Sector‑by‑Sector Highlights

Industrial
Still one of Colorado’s most durable performers. 2025 industrial sales are forecasted ~18% higher than 2024, reflecting ongoing demand from logistics, manufacturing, and owner‑users.

Office
Despite national headlines, Colorado’s office market shows signs of recalibration. Sales volume is expected to finish ~16% above 2024, driven by selective trades in well‑located assets and adaptive reuse opportunities.

Retail
A standout in 2025. Retail is forecasted to post a ~16% increase over 2024, as consumer‑facing businesses steady and investors chase stable cash flow in neighborhood, necessity‑based centers.

Land
Developer confidence is returning. Land sales are projected ~7% above 2024, powered by strategic infill plays and growth corridors across the state.

Specialty
Specialty assets cooled slightly, finishing ~3% below 2024, but still represent a dynamic slice of the market with niche buyer pools and diverse use cases.

MUH + Hospitality (MUH+H)
After years of surging activity, this category is expected to land ~10% below 2024. But the composition is changing:

  • ~20% of 2025 volume came from hotel transactions (+H) vs. just ~8% in 2024, showing renewed investor appetite in hospitality assets.

🏔️ What This Means for Colorado CRE

The story of 2025 isn’t uniform — it’s a mosaic. But the overarching theme is clear: capital is returning, confidence is rebuilding, and Colorado remains one of the most strategically compelling CRE markets in the country.

My team and I will continue monitoring trends, validating incoming data, and equipping clients with the insights needed to make informed, forward‑looking decisions.

If you’d like the full January 2026 “Data By Doug” report, or want to discuss what these trends mean for your portfolio, I’m always here as a resource.

 

10 Acres of R2 Zoning For Sale

Doug Jennings Colorado Commercial Real Estate

Berthoud Pkwy FOR SALE on 721 N Berthoud Pkwy, realnex.com

Link – Flyer

Property Description

721 N Berthoud, Berthoud Colorado 80513 – FOR SALE

10 acres zoned R-2 in the heart of Berthoud Colorado! This site is one of the rare opportunities for a developer/builder to pick up a small residential development site. With only minutes away from Boulder, and a quick drive to Loveland / Ft. Collins, this site is positioned right on the path of growth. Also, this site has quick access to the new TPC Golf Course and directly across from the new community center. Prior concept submitted had more than 100 units (duplex & detached single family) for this site. Listing agent is a limited partner in the current ownership.

Area Description

Frontage to Berthoud Parkway – across from the new recreation center.

Individual Offices Available – Westminster

Doug Jennings Colorado Commercial Real Estate

Do you need an office to work from in Westminster, or do you have a small team that needs an office? This is better than those co-working spaces and doesn’t have the challenges of a larger office building!

This site could be perfect for you, no long-term commitment and a professional environment to work from. Take a look at a few options online:

 

Link – Team office vTour ($1.2k per month)

Link – Executive Office vTour ($1k per month)

Link – Individual office vTour ($500 per month

 

Or, if you want to set up a tour to see any of these spaces, contact Doug Jennings, CCIM today:

DougJennings@REMAX.net

720-434-6637

 

7-11 For Sale – 2299 West Alameda Ave | Denver, CO 80223 For Sale

Doug Jennings Colorado Commercial Real Estate, Denver Commercial Real Estate

With an original lease date from 7Eleven being in 1986, this site offers a great opportunity to benefit from a true triple net lease structure in Denver Colorado. The location offers a wonderful position for this tenant, and the track record for the site offers stable success for a future landlord.

This site is neighboring a new Duch Bro’s coffee shop and across the street from a Costco center with a reported traffic count of 26,596 cars passing in front of this site a day it is sure to create an abundant of business with its corner location.

The information provided assumes a renewal in 2027 with a 10% increase in base rent for every 5 years thereafter.

Industrial Property – For Sale (or Lease) – 11808 Hwy 93 | Boulder, CO 80303

Doug Jennings Colorado Commercial Real Estate

4 Bay Shop

It’s rare that I ever see an industrial property that makes me think about a great view, but this site is uniquely located in Jefferson County (unincorporated), and has a Boulder mailing address:

11808 Hwy 93 – For Sale

With over 16 acres of outdoor storage, a 4 bay shop for heavy equipment, 7+ offices, and much more, this is a rare find for someone looking at industrial properties in Colorado!

Property Description

Industrial Land with a shop – located off Hwy 93

Area Description

Unincorporated Jefferson County

Highlights
  • 16.91 Acres
    Zoned I-1 – with outdoor storage
    4,104 +/- Square Foot Shop/Office
    14′ bay doors
    4 stalls designed for heavy equipment
    Boulder address, but in unincorporated Jefferson County

(more…)

Amazon HQ2 Followup

Doug Jennings Colorado Commercial Real Estate, Denver Commercial Real Estate
Housing!
So, we now know where the Amazon HQ2/3 is going to go – Washington D.C. and Queens, NY. However, most of the stories I am seeing surround the conversation of available housing / rent. In response to this I thought I would do some looking into this and hope you get something out of it. My favorite article in response to this comes from CoStar:

Housing situation article – LINK

In short, this article explains the topic of housing in New York and some of the theory used throughout this process.

Rental Rates

The above article peaked my interest so I wanted to see what the year over year residential rates looked like and I came across this from Real Property Management:

Better yet, ApartmentList.com produces another detailed report that shows some areas (Bloomfield in particular) above a 5% rent growth. Here is the details of their study:

Denver Rent Report – Link

I can geek out on this type of information only because I know how much work goes into this type of data, and the information has great implications into the commercial real estate sector. For example, if the cost of living (rent in particular) is driving up higher than the employment wages in a given area it’s easy to see how office buildings and retail settings will be impacted. I know this is one of those “chicken or egg” topics, but I think it’s fun to explore.

Denver is better off without HQ2!
Even though some will see the fact that HQ2 will not be in Denver as a loss for the city, I truly believe this is for the better. In fact, the conversations I have had around this topic highlight the cities need to improve the infrastructure and roads in order to take on such a growth. Therefore, I think a slower pace of growth for the city is more prudent and allows for some of the other needs of growth to keep in alignment in a more stabilized scenario.
In fact, the Denver Business Journal points out that some of the locations that were selected for HQ2 in Colorado would have been will see a higher value in growth:

Higher Home Value – Link

Marijuana impact to CO commercial real estate

Doug Jennings Colorado Commercial Real Estate, Denver Commercial Real Estate, Doug's Commercial Report

Sales

In terms of background, marijuana passed / became legal in Colorado at the end of 2012, and the state reports a total of $839,689,434 in total revenue for the state (taxes, license, and fees) with the following breakout:

The greatest takeaway from this chart is the total market place for marijuana, and the growth it has had in terms of sales over the last few years.

Industrial & Retail Impact

Believe it or not, this new industry has been the topic of commercial real estate as there has been an influx in lease rates – primarily for the industrial sector, but there is also some retail involvement as well:


* data from CoStar analytics

Population

One of the other conversation pieces in this topic is the population. That is, I hear many people say that Colorado’s population growth is highly attributed to the new business of marijuana.
Therefore, I just wanted to see what the numbers showed from this time period:

My theory is that marijuana has had an impact, and I know the argument can be made for correlation without causality on all of this but I think more important is that other states (and even counties) are getting more involved in this industry which I think will lower some of the upward movement we have seen over the last five years.

Another way to see this is from the same information on the above displayed sales is in an annual basis as it better depicts the leveling off between 2017 and 2018:


With the adoption of legalization in multiple other states over the years I am predicting we have seen the plateau.