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2022 Q1 Denver Industrial Market Report
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The Denver industrial market is set for another strong year in 2022.
Key Takeaways
- The market recorded net absorption of 1.6 MSF to start the year.
- Asking rates continue to demonstrate steady growth, closing the
first quarter at $10.92/SF NNN; an increase of 13.9% year-over-year.
- The pipeline continues to boom as 1.4 MSF delivered this quarter
and 9.9 MSF remained under construction at quarter’s end.
- Investors remain active as $405.6M of industrial investment sales
transacted during the first quarter.
