• Positive net absorption of 267,000 sq. ft. in Q3 2019 helped push year-to-date net absorption to over 625,000 sq. ft.
  • Direct vacancy decreased to 6.9% in Q3 2019, down 24 bps year-over-year.
  • The average direct asking lease rate was $19.56 per sq. ft. NNN, up 3.5% year-over-year.
  • Metro Denver’s retail construction pipeline remained healthy with 1.8 million sq. ft. under construction in Q3 2019.
  • The volume of investment sales priced $3.0 million and greater totaled $160.5 million and averaged $213.77 per sq. ft. in Q3 2019. The average price per sq. ft. was up 40.7% year-over-year.