A Look Back at Q3
Retail Rents, Household Income, and Major Leases Signed
Boulder is still putting up numbers. 📈
Retail rents climbed 2.6%, household income is approaching $108K, and retail vacancy remains tight at roughly 5%, reflecting continued demand for well-located space. Meanwhile, major commitments from Seagate, CordenPharma, and Infleqtion continue to reinforce Boulder as a hub for innovation and advanced manufacturing. Q3 also saw office asking rents post 1.0% annual growth, despite a challenging office environment. Plenty of reasons to feel cautiously optimistic heading into year-end.