• Driven by occupancy in newly constructed buildings, positive net absorption of 907,439 sq. ft. was recorded in Q4 2018, bringing the annual 2018 net absorption to nearly 2.9 million sq. ft.
  • The average direct asking lease rate increased to a record high of $28.34 per sq. ft. FSG, an increase of 1.6% quarter-over-quarter.
  • The direct vacancy rate decreased 73 bps quarter-over-quarter to 12.1%.
  • Investment activity in metro Denver reached $993.7 million in Q4 2018, rounding out the annual 2018 metro Denver sales total at over $3.0 billion.