The office vacancy rate in downtown Denver, which tumbled with the pandemic, rose above 30% by the end of 2023. The mark is the highest since the 1990s.
Buoyed by major projects in late 2023, metro Denver's industrial real estate market is starting the new year strong and no longer has one of the highest vacancy rates in the country.
Metro Denver's industrial real estate market including commercial warehouses is starting the new year strong. Denver area no longer among the top 10 markets in term of vacancies.