• The Denver retail market posted positive quarterly net absorption for the first time since the onset of the pandemic.
  • Total availability remained steady at 9.0% for a second straight quarter.
  • The average direct asking lease rate dropped slightly to $20.63 per sq. ft. NNN.
  • Retail development declined to 700,000 sq. ft. under construction and completions totaled over 340,000 sq. ft. in Q2 2021.
  • Investment sales volume more than doubled quarter-over-quarter to $312.2 million.