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 | 14% | 7.0% |
| Lease Rate | $28.90/sf, full service | $8.79/sf, NNN |
| Under Construction | 1.75 million sf | 6.26 million sf |
| Source: CoStar, 2Q 2021 | ||
Commercial Real Estate - Second Quarter 2021
Office - The Metro Denver office market vacancy rate increased slightly from 13.2% in the first quarter of 2021 to 14% in the second quarter of 2021. There was 1,480,000 square feet of negative net absorption in the first quarter of 2021, compared to 440,000 square feet of negative net absorption in the second quarter of 2021.
Industrial - Metro Denver's industrial market vacancy rate increased slightly from 6.5% in the first quarter of 2021 to 7% in the second quarter of 2021. Net absorption in the first quarter of 2021 totaled 80,000 square feet, compared to 550,000 square feet of net absorption in the second quarter of 2021.
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)