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denver industrial space

Denver industrial vacancy rate drops to 4.9%

denver industrial vacancy

Denver industrial vacancy rate drops to 4.9% in 1Q 2013, down from the previous quarter and down from last year. The average lease rates remained flat at $5.98 per square foot, flat from 4Q 2012 and 1Q 2012. This was the 12th consecutive quarter of positive absorption with 83,000 square feet leased. Class A warehouse/distribution space…

Denver commercial real estate showing positive signs in Q3

Third quarter showed mixed results for the Denver’s commercial real estate market however the overall market continued to show signs of recovery.  The vacancy rate for retail and industrial submarket remained in the single digit but did drop slightly quarter over quarter and year over year. The office market vacancy rate increased as expected partly…