Denver office market report
Q2 2024
high-quality Class A and B buildings will comprise the majority of new product coming available over the next two years.
Smaller lease space still leading in demand
total of 2.3 msf leased. Deals in the 5,000-10,000 sf range continued to be the most
sought-after, contributing significantly to this activity, with 954,874 sf transacted in
Q2.
Denver office records postive absorption
turned the corner by absorbing 494k sf in Q2, driven by significant move-ins from
major tenants like Discovery Natural Resources and Colorado School of Mines.
High-quality office properties seeing the most demand in construction pipeline
over half (51.1%) already preleased. Class A office space will account for the
majority of the new construction, with 1.8 msf coming online, followed by 323,984
sf of Class B office space by 2026.
Your source for the latest Denver office market reports
Get in-depth office market reports and insights from commercial real estate experts in the Greater Denver area. Avison Young advisors look at Denver commercial real estate activities and the latest Denver statistics to provide you expert market research on Denver's office properties.
Explore different topics like the latest office market pricing trends and analysis of Denver's current office real estate market conditions. Gain a better understanding of Denver’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Denver's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Denver.
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