• Metro Denver posted 415,355 sq. ft. of positive net absorption in Q1 2020, a 3.2% decrease quarter-over-quarter.
  • The average direct asking lease rate was up 1.6% year-over-year to $28.82 per sq. ft. FSG in Q1 2020.
  • Direct vacancy was down 49 bps on the year to 11.6%.
  • The total construction volume was 3.5 million sq. ft.—a 15.0% increase quarter-over-quarter.
  • The $400 million sale of Denver City Center in the Downtown submarket was the largest single-asset transaction in over a decade.