2021 Q4 Industrial Report
2021 set a new standard for Denver metro industrial product. Unprecedented demand led to a record year for absorption and investment sales volume as asking rates reached new highs. As tenant demand continues to surge, the pipeline remains robust and investor interest has never been higher; the Denver industrial market is set to thrive in 2022 and beyond.
2021 Q4 Office Report
Denver’s office recovery continues as leasing activity maintained strong momentum following Q3 and net absorption realized ongoing improvement. Although a mass return to the office continues to be put on hold for many companies, concerns over the omicron variant appear to be short-lived and investor sentiment remains robust throughout the Denver Metro.
2021 Q4 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.