Real Estate Market

Metro Denver has an expansive inventory of commercial and industrial real estate, including downtown high-rises, suburban business parks, manufacturing facilities, and warehouses.

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
Office Industrial
Vacancy Rate 11% 4.4%
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.

Helpful links:

Denver Metropolitan Commercial Association of Realtors (DMCAR)

National Association of Industrial and Office Properties (NAIOP)

Colorado Real Estate Journal

DenverInfill.com