MARKET GROWTH
THAT IS JUST BEGINNING

METRO DENVER MARKET
Considered to be one of the nation’s strongest and fastest growing

DENVER ECONOMIC OVERVIEW

  • The Metro Denver area is consider to be one of the nation’s strongest and fastest growing markets with an unemployment rate of 2.1% as of April 2017, well below the national average.
  • Colorado has the nation’s third best economy, based on economic performance in the last year.
  • 6th fastest growing Metro Area in the Nation.
  • US Industrial Vacancy is the lowest in over a decade with record pricing continuing in the Denver Market.

 

us-vacancy-comparisonclick to enlarge

MARKET HIGHLIGHTS

  • 221,000,000 SF overall in the Metro Denver Warehouse/Distribution Market.
  • 209,410 SF of positive net absorption in the 3rd Quarter 2017. 
  • 4.4% overall Warehouse/Distribution vacancy.
  • Fundamental indicators including positive absorption remain strong for the Denver Market.
  • Strong activity was recorded in a myriad of industries including, distribution, food, housing supply, regional distribution centers and manufacturing, providing proof of the strength and diversification of the Colorado market.
  • Tenants are looking to modernize and improve their logistics capabilities.

 


click to enlarge