3rd Qtr. 2019 Office Reports

The Denver Office market ended the third quarter 2019 with a vacancy rate of 9.4%. The vacancy rate was slightly up over the previous quarter. Rental rates ended the fourth quarter at $27.54, an increase over the previous quarter. A total of ten buildings delivered to the market in the quarter totaling 392,114 square feet, with 3,357,675 square feet still under construction at the end of the quarter.