Laserfiche WebLink
Northwest Denver Market Overview <br />1ST QUARTER 2014 <br />Denver Metro Summary <br />Average Asking Lease Rates <br />1st quarter 2014 Stats <br />30.030.00 <br />$0 <br />$ <br />¤ 108,576,733 total SF <br />26.0 <br />26.00 <br />$0 <br />$ <br />¤ 19.6% available <br />22.0 <br />22.00 <br />$0 <br />$ <br />¤ 13.3% direct vacancy <br />18.0 <br />18.00 <br />$0 <br />$ <br />¤ 14,452,544 SF currently direct vacant <br />14.0 <br />14.00 <br />$0$ <br />¤ 1,718,363 SF of total sublease space <br />10.0 <br />10.00 <br />$0 <br />$ <br />¤ 831,439 SF of net absorption during the first quarter <br />4 11 1 1 14 11 1 <br />Q203Q203Q2203Q3203Q203Q204 <br />¤ 831,439 SF of net absorption YTD <br />Source: CBRE Research, Q1 2014 <br />. <br />¤ 2,084,014 SF under construction <br />Vacancy/Availability/AbsorptionVacancy Rate vs. Lease Rate <br />6 <br />1% <br />23.5 <br />$0 <br />1,000 <br />Directacancyat. <br />VR133% <br />e <br /> <br />Lease at22.38 (FSG <br />$) <br />R <br />e <br />5 <br />1% <br />22.75 <br />$ <br />600 <br />4 <br />1% <br />22.0 <br />$0 <br />200 <br />13% <br />21.25 <br />$ <br />(200) <br />20.5 <br />$0 <br />12% <br />(600) <br />19.75 <br />1 <br />$ <br />1% <br /> (1,000) <br />19.0 <br />$0 <br />10% <br />Q4 2012Q1 2013Q2 2013Q3 2013Q4 2013Q1 2014 <br />4 11 1 1 14 11 14 <br />Q202Q203Q2203Q3203Q203Q20 <br />Source: CBRE Research, Q1 2014. <br />Source: CBRE Research, Q1 2014 <br />. <br />[ ] <br />3 <br />CBRE <br />