• Direct vacancy increased 30 basis points (bps) to 4.3%.
  • The average asking direct lease rate increased to $16.04 per sq. ft. triple net (NNN), up 3.0% year-over-year.
  • Investment activity remained strong with sales volume totaling $67.7 million, averaging $97.35 per sq. ft.
  • Positive net absorption of 43,087 sq. ft. was recorded in H1 2019, up 8.5% over the previous half year.
  • The Fort Collins market area accounted for 77.8% of total net absorption in H1 2019.