3rd Qtr. 2019 Retail Report

The Denver retail market ended the third quarter 2019 with a vacancy rate of 2.3%, up from the previous quarter of 2.2%. Quoted rental rates increased from the previous quarter 2019, ending at $21.54 per square foot per year. A total of 7 retail buildings with 77,081 square feet of retail space were delivered to the market in the quarter, with 1,275,173 square feet still under construction at the end of the quarter.