CBRE: Northern Colorado commercial real estate strong across the board

Overall fundamentals in Northern Colorado’s commercial real estate market are encouraging with record or near-record low vacancy rates and positive net absorption in all three sectors:

Record low vacancy and availability indicates demand for new office space.

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Near record low vacancy elevates industrial lease rates.

Direct retail vacancy declined to 3.6%, 10 basis points off the record low.

Edited by the Colorado Real Estate Journal staff.