RazrGroup

436 commercial sales closed in Denver last quarter. Up 42% year over year.

And it still isn’t a recovery story.

Total dollar volume actually fell, from $1.565B to $1.276B.

More deals, smaller checks. Buyers are active again, but pricing and deal size are still adjusting.

Underneath the headline, the four asset classes are not telling the same story:

Industrial: vacancy steady at 8.6%, asking rents still up 4.1% year over year. Stabilizing, not booming.

Retail: rents up 2.58%, vacancy running below its long-term average. Quietly the healthiest of the four.

Office: roughly 180,600 SF of negative absorption, with about 19% vacancy from the Tech Center to Lone Tree. Still under pressure.

Multifamily: 10,721 units under construction while rents slid 3.31%. Supply is the real risk here.

The opportunity right now isn’t chasing momentum.

It’s knowing which asset class, which submarket, and which basis still pencils.

Which Denver asset class are you underwriting most carefully this quarter?

Ready to make your business space work for you? 🏢✨

If you’re a business owner, you already know that every decision impacts your bottom line. But are you leveraging real estate to build long-term wealth?

Join us on Saturday, June 20th,2026 for an exclusive expert panel discussion: Building Wealth Through Business Real Estate. 🚀

Our expert panel will dive deep into:

📈 Business Growth & Strategic Planning

🏦 Financing & Accessing Capital

💡 Financial Literacy & Lender Insights

📑 Tax Strategy & Entity Structuring

🏢 Commercial Real Estate Ownership

🎯 Exit Strategies & Wealth Building

🗓️ Date: Saturday, June 20th
⏰ Time: 10:00 AM – 12:00 PM
📍 Location: Keller Williams Realty Urban Elite (4045 N Pecos Street, Suite 201, Denver, CO 80211)

🔗 How to Register: Scan the QR code in the image or visit

Years ago, as a business owner in Cherry Creek, we managed millions in occupancy and property-related expenses. We had the opportunity to buy the building I operated from.

We passed.

That property later traded for roughly $40 million.

It wasn’t a market timing failure. It was a decision-quality failure. We didn’t have an advisor who could align that real estate move with my broader financial and operational goals. We had a broker.

That moment clarified what we now do for every client.

Real estate is one of the most consequential financial decisions a business owner will ever face — and most of them are navigating it without truly strategic guidance.

That’s what RazrGroup is built to change.

Comps are useful. They’re also easy to misread.

A comparable sale tells you what a buyer paid, at a point in time, under a specific set of circumstances. It does not tell you:

— What the buyer’s underwriting assumed about the next 36 months
— What the seller knew about the asset that wasn’t in the offering memo
— Whether the financing structure made the price work in a way that won’t repeat
— What the tenant situation looks like 18 months after close

In a market where deals are moving more slowly, and buyers are underwriting more rigorously, the comp becomes a data point — not a decision framework.

The discipline is in asking what the comp doesn’t show you. That’s where the real risk lives. And that’s where the advisory conversation starts.

CRE

Most people assume commercial real estate advisory and brokerage are the same thing. One optimizes for the deal. The other optimizes for the decision behind it.

That distinction matters more in a market like Denver’s — where vacancy is recalibrating, office fundamentals are stabilizing slowly, and owners are making moves that will define their balance sheets for the next decade.

New article up: what the advisory-first model actually looks like, and why it changes the conversation before the transaction ever begins.

Before you sign anything, there are 6 questions worth sitting with.

Most owners skip them. Not because they’re not smart, but because nobody puts them in front of them before the transaction starts.

Slide through the framework we use at the start of every advisory conversation. If you’re facing a buy, sell, hold, or lease decision in the next 12 months, this is where the thinking should start.

Save this post.

Property condition reports tell you what’s there. A disciplined capex checklist tells you what it’s going to cost you.

Most buyers see one. Fewer work through the other before they’re in contract.

Swipe through the 7 capex categories we examine before any acquisition recommendation — and the questions that surface the real numbers.

Save this for your next due diligence conversation.

RazrGroup Underwriting

Commercial real estate rewards patience in a way that most asset classes don’t.

Not passive patience — deliberate patience. The kind where you’ve done the analysis, you understand the market, you know what you’re waiting for, and you’re positioned to act when the moment is actually right.

The owners and investors who look back on their best commercial real estate decisions almost universally say some version of the same thing: I was glad I didn’t rush it.

And the ones who regret their worst decisions? Almost always, some version of: I moved too fast, I felt like I had to, or I didn’t want to miss it.

The market creates urgency. The advisory relationship creates perspective.

The right move rarely requires the fastest timeline. It requires the clearest thinking.