2021 Q3 Denver Industrial Market Report

Key Takeaways

• The market recorded strong net absorption of 2.9 MSF during the
  third quarter.
• Asking rates continue to demonstrate steady growth, closing the
  quarter at $9.80/SF NNN; an increase of 4.0% year-over-year.
• Despite 2.5 MSF delivering this quarter, 10.8 MSF remained
  under construction at quarter’s end.
• Investment sales volume continues to surge, with year-to-date
  volume surpassing $1.4B.