Market Reports

The Denver industrial market remains in expansion mode. Driven by robust employment growth and the rise of e-commerce, tenants continue to seek out more space to accommodate demand. The market absorbed 5.7 million SF in the last 12 months. Developer interest has ramped up in recent years, and the amount of industrial space under construction

Market dynamics have shifted in Denver’s apartment sector. After a banner 2021, when the market posted outsized demand and soaring rent growth, fundamentals have noticeably cooled since the beginning of 2022. The pullback in activity is likely due to inflation eating into prospective renters’ budgets and ongoing recession fears, which could have some delaying household

Demand for office space in Denver remains depressed due to the normalization of remote and hybrid working initiatives, driving up the amount of available space to historic highs. After unsuccessful attempts to lure employees back to the office, many companies are reassessing their office footprints and sublease inventories continue to track at record levels. Due

A boom in consumer spending has been a key driver for the recovering retail sector in the last year. Personal savings added up during the pandemic as people stayed home, and those savings translated into a substantial uptick in spending. Additionally, fiscal support provided by the U.S. government throughout the pandemic provided consumers with additional