Ideal and affordable locations for every company.
| COMMERCIAL STATS | Office | Industrial |
| Vacancy Rate |
12.4% |
5.4% |
| Lease Rate |
$20.69 |
$4.67 |
| Under Construction |
.9 million sf |
1.05 million sf |
|
|
|
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Metro Denver's large inventory of commercial and industrial real estate satisfies the requirements of nearly every company. Firms can choose from downtown high-rises, suburban business parks, warehouses, and manufacturing facilities.
Available land and existing buildings are scattered throughout the region, so employers can pinpoint optimal sites based on exact needs. Companies in every sector benefit from competitive lease rates and ample purchase opportunities.
You can search available land and buildings in Metro Denver as well as Northern Colorado via our GIS site selection website - www.metrodenverGIS.org. For additional demographics or site selection assistance, contact us.
Commercial Real Estate - Fourth Quarter 2012
- Office - The Metro Denver office market vacancy rate decreased from 12.7 percent in the third quarter of 2012 to 12.4 percent in the fourth quarter. There was about 535,200 square feet of positive net absorption in the fourth quarter, compared to negative net absorption of roughly 27,800 square feet in the third quarter. One building with a total of 39,700 square feet was delivered in the fourth quarter, and 897,400 square feet in ten buildings were under construction.
- Industrial - Metro Denver's industrial market vacancy rate decreased from 6 percent in the third quarter of 2012 to 5.4 percent in the fourth quarter. Fourth quarter net absorption was positive and totaled about 1.54 million square feet, compared to about 745,800 square feet in the third quarter. Two buildings with a total of about 310,300 square feet were delivered in the fourth quarter, and about 1.1 million square feet in seven buildings remained under construction.
Note: Vacancy rates, net absorption, and average lease rates are for direct and sublet space combined.
Source: CoStar Group, Inc.
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