Our 3Q MarketAdvisor™ reports offer useful information for investors, tenants and landlords in Denver.
The metro Denver office market ended the third quarter with positive 1,070,775 square feet of absorption. This is up from last quarter where there was 587,385 square feet of absorption.
The Denver industrial market ended the third quarter of 2014 with 535,744 square feet of positive absorption. This is down from the second quarter where 2,065,572 square feet was absorbed.
The metro Denver retail market did not see much change in the third quarter of 2014. In the third quarter, the vacancy rate decreased to 5.7% down from 5.9% in the second quarter
The vacancy rate decreased to 3.9% in the third quarter from 4.7% in the second quarter. Historically, vacancy is higher in the fourth and first quarters of the year and lowest during the second and third quarters.