• Positive net absorption of 370,613 sq. ft. was recorded in Q4 2018 as the Denver market had not yet felt the effect of the Sears bankruptcy.
  • Year-end net absorption reached 709,869 sq. ft., the second highest annual net absorption since 2013.
  • The average direct asking lease rate increased 4.3% year-over-year to an all-time high of $19.34 per sq. ft. NNN.
  • Over 1.3 million sq. ft. of new space was delivered to the Denver market in 2018, up 18.9% year-over-year.
  • 2018 annual sales volume reached $782.3 million, up 2.9% year-over-year.