Land Sales Are Booming

I read a great story at CO RE Journal on how hot demand is for land in metro Denver. Mike Kboudi, senior managing director at the Denver office of Cushman & Wakefield said, “There has never been a time in Denver area history when there has been so much interest to buy property for residential and commercial development.” And he added, “There is interest in buying properties across every product type…from offices retail, for sale residential, apartments, hotels, industrial and even churches.”

Why is this important to you and I? Big builders and developers buy land for projects for 3+ years out and if they are still buying properties “left and right” so should our clients!