Ideal and affordable locations for every company.
| COMMERCIAL STATS | Office | Industrial |
| Vacancy Rate |
13.1% |
6.5% |
| Lease Rate |
$19.75 |
$4.54 |
| Under Construction |
.70 million sf |
.17 million sf |
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|
|
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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 website - www.metrodenverGIS.org. For additional demographics or site selection assistance, contact us.
Commercial Real Estate - First Quarter 2012
- Office – The Metro Denver office market vacancy rate fell from 13.2 percent in the fourth quarter of 2011 to 13.1 percent in the first quarter of 2012. First quarter net absorption was positive and totaled 481,500 square feet, compared to positive net absorption of roughly 524,600 square feet in the fourth quarter. Three buildings with a total of 289,060 square feet were delivered in the first quarter, and 704,600 square feet in six buildings remained under construction.
- Industrial – Metro Denver's industrial market vacancy rate remained at 6.5 percent in both the fourth quarter of 2011 and the first quarter of 2012. First quarter net absorption was positive and totaled 90,800 square feet, compared to negative net absorption of roughly 115,300 square feet in the fourth quarter. One building with a total of 8,700 square feet was delivered in the first quarter, and 167,600 square feet in four buildings remained under construction.
Note: Vacancy rates, net absorption, and average lease rates are for direct and sublet space combined. Source: CoStar
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