Real Estate & Construction  February 7, 2023

Mixed results for Boulder area commercial real estate

BOULDER — The outbreak of COVID-19 was nearly three years ago, but the Boulder-area commercial real estate market is still digesting some of its lingering impacts.

That’s especially true in the office subsector, Becky Gamble, CEO of the brokerage Dean Callan & Co., told BizWest. Office buildings in certain Boulder County markets — notably, downtown Boulder — are experiencing historic vacancy rates with no owners facing obvious mechanisms to reverse the trend.

“It’s a period of uncharted waters,” Gamble said. “… The combination of COVID and tech [that has enabled working from home] has resulted in the demand for office [space] to…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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