U.S. Industrial Report Q3 2021
The U.S. industrial market has accelerated at an unprecedented pace as pandemic-induced demand has reached all corners of the country.
2021 Q3 Industrial Report
The Denver Metro industrial market thrived during the pandemic as e-commerce surged and distribution needs continued to grow. A booming pipeline has led to a rise in vacancy but tenant activity and absorption figures remain strong. Coupled with an increase in investor focus on the asset class, the future for Denver industrial has never been brighter.
2021 Q3 Office Report
While the Denver Metro office market is still feeling the impact of the pandemic, there was a noticeable increase in demand in Q2, with leasing activity returning to pre-pandemic levels. With this increased activity, widespread vaccine distribution underway, and a mass return to the office on the horizon, Denver is on the road to recovery.
2021 Q3 Retail Report
With Denver suppliers now able to operate at full capacity since earlier this summer, key indicators such as leasing activity, absorption, and asking rents responded with stellar improvement. While this looks good for the local market, numerous retailers are still struggling as a result of the effects of the pandemic, such as the domination of e-commerce and the rise of the Covid-19 Delta variant, which threaten to undermine the full-capacity advantage.