Ideal and affordable locations for every company.
| COMMERCIAL STATS | Office | Industrial |
| Vacancy Rate |
14.4% |
6.4% |
| Lease Rate |
$19.88 |
$4.72 |
| Under Construction |
.73 million sf |
60,000 sf |
| Source: CoStar, 2Q 2010 |
|
|
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 Web site - www.metrodenverGIS.org. For additional demographics or site selection assistance, contact us.
Commercial Real Estate - Second Quarter 2010
- Office - Metro Denver's office market vacancy rate fell from 14.5 percent in the first quarter of 2010 to 14.4 percent in the second quarter. Second quarter net absorption was positive and totaled 742,070 square feet, compared to positive net absorption of roughly 570,110 square feet in the first quarter. Two buildings with a total of 515,520 square feet were delivered in the second quarter, and 730,000 square feet in 14 buildings remained under construction.
- Industrial - Metro Denver's industrial market vacancy rate declined to 6.4 percent in the second quarter of 2010 from 6.9 percent in the first quarter. Second quarter net absorption was positive and totaled 1.1 million square feet, compared to positive net absorption of roughly 443,990 square feet in the first quarter. One building with 37,650 feet was delivered in the second quarter, and 60,000 square feet in two 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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