Foreclosures are on the rise now within the commercial real estate world. With companies downsizing and vacating large office space, owners are stuck with large payments, and refinancing is harder than ever. Some local foreclosures in the Boulder County area are currently selling for half of what owners paid a few years back. Here is a great article from the Boulder County Business Report discussing these latest commercial real estate trends.Â Boulder Commercial Real Estate would be an excellent investment choice in the coming months, as larger companies, like ConocoPhillips, are still very attracted to the area.
- ConocoPhillips: New Plant in Louisville, Colorado
- Boulder: Top 5 Retirement Towns