The Denver industrial market ended the fourth quarter of 2018 with a vacancy rate of 4.5%. The rate was down over the previous quarter with net absorption totaling 2,647,889 sf in the fourth quarter. Read the full report here.
Check out the new and improved quarterly reports for Office, Industrial and now Multi-Family, as Trinen Partners represents all three. These new and improved reports from CoStar feature current numbers as well as much-needed forecasts to help you plan your real estate lease or purchase timing. Click to see the CoStar reports for Q1 2018
Denver Office Vacancy Rate CoStar reports that Denver Office vacancies rose slightly in the 4th quarter to 10.5%, up from 10.3% the previous quarter and matching the same percentage from Q2 at 10.5%. Rental rates averaged $26.32 per square foot per year at the end of Q4 in Denver. Read the full Office Report Denver Industrial Vacancy
According to the CoStar Report just released, office vacancy rates in Denver held steady for the third quarter with rates at 10.4%. The largest lease signings were the 333,929 sq. ft. lease by Encana Oil & Gas at 370 17th St in Downtown Denver, the 266,776 sq. ft. lease for Western Union at 7001 E.
Office Report According to CoStar, the second quarter vacancy rate held nearly steady, with a slight increase from 10.1% to 10.4% over the previous quarter. Vacant sublease space increased to 1,850,094 square feet. Rental rates were also up, ending at $25.84 per square feet. Fourteen new buildings were added to the market, totaling 886,365 sq
According to CoStar, the vacancy rate for the office market in Denver rose to 10.1% in Q1, which was up over the previous quarter. Sublease space increased as well. Rental rates were at $25.54, an increase over the fourth quarter of 2016. The largest lease signings in 2017 included the 333,929 sf lease signed by Encana Oil & Gas Inc.
Denver’s Q4 Vacancy Rates Up Slightly According to CoStar’s Q4 2016 Denver office market report, the vacancy rate is at 9.8%, up slightly from Q3 at 9.6%. Denver’s industrial market is also up at 4.8% over Q3’s 4.5%. Rental rates in both office and industrial saw an increase of at or just below 1%. We’ve
While the overall Denver Office market ended the third quarter 2016 slightly up with a vacancy rate of 9.6% over Q2’s 9.3%, the rate is still well below the numbers in the past 6 years and has continued to trend downward during that time. Absorption: Class-A net absorption was a positive 47,617 sf in Q3 compared to
by Bill Trinen, Trinen Realty Partners After labor costs, Real Estate is typically the next most expensive line item on the balance sheet. Engaging an experienced Commercial Real Estate Broker to represent your best interests is critical to the transaction process and will save you time and money. LABOR COST Finding a property/space can be
Demand for commercial real estate in the Denver market is at an all-time high. According to the Colorado Real Estate Journal, office space also commands top dollar. And anyone with a computer can find a commercial space with a simple cursory search on the internet. But how do you know how much space a listing
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