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2021 Q2 Denver Industrial Market Report

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IndustrialWebHero2021

Denver Industrial Boom Continues

Key Takeaways

  • The market recorded strong net absorption of 952,100 SF
  • Average asking rates continue to climb, closing at $10.13/SF
    NNN across all industrial product types
  • The pipeline is robust, with over 9.6 MSF under construction at
    quarter’s end; roughly 35% BTS and 65% speculative
  • Investment activity continues to surge as the market recorded
    the largest sale in terms of price in Colorado history and
    surpassed $810 million YTD

QuarterlyReport_Q22021_webInd

2021 Q2 Denver Industrial Market Report

Download Report