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2021 Q3 Denver Industrial Market Report
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Denver Metro Industrial Market Thrived
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.