• In 2017, nearly 500,000 sq. ft. delivered in the market – annually, this was the greatest amount of new space to come online this business cycle. Key deliveries included Sprouts and King Soopers grocery stores.
  • While vacancy remains heightened compared to 2014 and 2015, this key metric experienced a 26 bps decline over the course of the year. Big box closures that hit the market in 2016 and 2017 are being absorbed.
  • Some trendy national retailers opened second locations in the market, tracking strong population growth in the East and Northeast submarkets.
  • Investment volume reached its highest point in the post-recession period, showing how attractive the market is to both local and national investors.