CEO Roundtable: NoCo real estate pros still wondering when workers will return to offices
As Northern Colorado climbs out of the COVID-19 pandemic doldrums, local real estate experts are left wondering when workers will return in person to the office and whether the virus has caused a permanent shift in commercial real estate markets.
Similar concerns exist regarding the retail sector, and while the residential sector is red-hot, there are significant headwinds related to the rising cost of land, water and construction materials, Northern Colorado real estate pros said Tuesday during BizWest’s virtual CEO Roundtable.
Citing an internal survey, CBRE broker Peter Kelly estimated that about 90% of workers will be back at work in some…
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