• Positive net absorption of 175,797 sq. ft. was recorded in the Downtown submarket in Q2 2018.
  • The Downtown average direct asking lease rate was $34.94 per sq. ft. FSG in Q2 2018—an all-time high for the submarket.
  • The Downtown direct vacancy rate decreased 56 bps quarter-over-quarter to 15.5%.
  • The largest lease signed in the Downtown submarket in Q2 2018 was the IRS renewal (153,565 sq. ft.) at 1999 Broadway in the Mid-CBD micromarket.
  • The largest sale transaction of the quarter was the $189.0 million sale of 1331 and 1401 17th Street to the CIM Group in the LoDo micromarket.