• Metro Denver posted positive net absorption of 450,438 sq. ft. in Q2 2019, driven by positive net absorption of 185,670 sq. ft. in the Downtown submarket.
  • The average direct asking lease rate increased to a record high of $28.43 per sq. ft. FSG, an increase of 2.8% year-over-year.
  • Direct vacancy in metro Denver decreased 168 bps year-over-year to 11.9%.
  • Investment activity in metro Denver totaled $710.3 million in Q2 2019. The largest individual trade of the quarter was the $127.3 million sale of 410 17th St in the Downtown submarket to Rialto Capital.