Brand Iron has just completed the redesign of The Nesbitt Group’s website. This included a creation of new messaging, new look and feel and the integration of the WordPress platform. The use of WordPress has been very beneficial to our client’s performance needs with their new site. These benefits include:

1. Ability to update content and new pages in-house.

2. Greater visibility to search engines (SEO).

3. Quick and easy to update clients with up-to-date news (blog).

4. Ability to easily add new functions to your site (plug-ins).

Check out http://www.thenesbittgroup.com and see the power of WordPress. It might be a great fit for your companies needs.

Brand Iron does websites. Actually, we do lots of websites, but not too many that we don’t celebrate the launch and birth of every single one. Below are some of our recent “prides and joys”. Launching a new site is an exciting time for our clients because they start seeing the rewards almost immediately. Benefits of a new site include: better positioning and messaging to prospects, improved SEO, or simply having a better, more dynamic presence on the world wide web.

Revenue Enterprises :: Accounts Receivables and Collections :: www.revenueenterprises.com

ESS Software :: A software solutions company for commercial real estate :: cresync.esssoftware.com

Infinite Health & Wellness :: www.infinitehealthandwellness.net

The Nesbitt Group :: Denver commercial real estate broker :: www.thenesbittgroup.com

Venture Law Advisors :: Denver law advisors for emerging and growth companies :: www.venturelawadvisors.com

Contact Brand Iron today and let’s start building your new site.

Denver’s Commercial Real Estate Market –
Better than You Might Think
by Eric Nesbitt, President and CEO, The Nesbitt Group

Despite the uncertainty and unpredictability of the national economy, Denver’s commercial real estate market continues to remain steady, particularly in the office and industrial sectors. Although many local large companies are holding off on major real estate decisions, Denver’s commercial real estate market continues to perform well compared to other markets in the country, where vacancies are higher and rents are decreasing.

Denver office and industrial properties continued to positive absorption of vacant space in the third quarter, while retail space such as shopping centers and malls had negative absorption. Retail space is more consumer-oriented than other commercial property types and, therefore, more affected by the economy and consumer problems such as housing foreclosures. However, Colorado’s improving housing market should benefit the retail sector. The state’s foreclosure rate has shown significant improvement this year, and many analysts believe the Denver-area housing market is ahead of the national cycle for recovery.

Overall, vacancy rates increased for office, industrial and retail properties, but despite this softening, average rental rates increased for all three property types. Metro Denver office space saw its total vacancy rate, including sublease space, increase to 15% in the third quarter. However, average asking office rental rates inched up to $20.99 per sq. ft. per year in the third quarter from roughly $20.60 from the same period last year. On the industrial side, total third-quarter vacancy increased to 7.4%, which is still relatively healthy. Average asking rates also increased to $6.41per square foot from $6.00 per sq. ft. for the same quarter last year. Finally, the total retail vacancy rate continued to increase in the third quarter to 7.5%, but the average asking lease rate still rose to $18.04 per square foot per year from nearly $16.00 for the same period last year.

What does this all mean for you and your business? Despite a slumping economy, companies seeking to lease office or industrial may be surprised that landlords are unwilling to do “screaming deals” to get tenants in their buildings. At least for the time being, rental rates remain stable or continue to rise, and commercial landlords have not been overly impacted by the economic slowdown. Of course, this may change in the next few months or as we head in to the New Year.

For more information on The Nesbitt Group, please click here.