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2019 Q4 Denver Industrial Market Report

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Highlighted Trends

  • Amazon signed the largest new lease of the quarter, taking 555,840 square feet at First Industrial’s First Aurora Commerce Center, this was Amazon’s third lease of the year.
  • Cap rate compression continues with the overall rate dropping to 6.8% and approaching 4% for Class A product.
  • The Colorado Department of Labor is projecting that job growth within the Transportation and Warehousing industry will average 2.31%/year through 2028.

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2019 Q4 Denver Industrial Market Report

Download Report