Ideal and affordable real estate for every business
Available land and existing buildings are scattered throughout the Metro Denver region, allowing companies to pinpoint optimal sites based on exact needs. Companies in every sector benefit from competitive lease rates and ample purchase opportunities.
For customized land and building searches, our professional economic development staff can conduct a confidential search of our nine-county territory to identify the right location for your business. In addition, we can provide data and analytics on workforce, industry concentration, utilities, transportation and more to support your site search. For these services and more, please contact us.Commercial Stats
|Lease Rate||$26.13/sf, NNN||$7.54/sf, NNN|
|Under Construction||4.05 million sf||7.18 million sf||Source: CoStar, 1Q 2018|
Commercial Real Estate - First Quarter 2018
Office - The Metro Denver office market vacancy rate increased slightly from 10.8 percent in the fourth quarter of 2017 to 11 percent in the first quarter of 2018. There was 990,000 square feet of net absorption in the first quarter of 2018, compared to 400,000 square feet of net absorption in the fourth quarter of 2017.
Industrial - Metro Denver's industrial market vacancy rate decreased slightly from 4.5 percent in the fourth quarter of 2017 to 4.5 percent in the first quarter of 2018. Net absorption in the first quarter of 2018 totaled 530,000 square feet, compared to negative 2.15 million square feet in the fourth quarter of 2017.
Note: Vacancy rates, net absorption, and average lease rates are for direct and sublet space combined. Source: CoStar Group, Inc.