Denver industrial developments see higher rents, larger leased spaces in Q2
Denver’s industrial market concluded its 33rd straight quarter of positive net absorption, according recent CBRE research.
Almost 420,000 square feet was recorded.
Notably, the overall average asking lease rate rose to $8.14 per square foot for a triple-net lease — those requiring the tenant to be responsible for maintenance, insurance and taxes — which CBRE’s industrial Q2 research said is the highest rate ever recorded in metro Denver.
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