Denver Industrial Space

BuildingSearch.com lists many Denver industrial spaces. Thousands of available industrial space listings in Denver, plus office, retail, and mixed-use developments are tracked on BuildingSearch.com. Be sure to include the various Denver industrial space categories, including office/R&D while conducting your search for Denver industrial space listings. 

Denver industrial space satisfies the requirements of nearly every company. Firms can choose from downtown high-rises, suburban business parks, warehouses, and manufacturing facilities. 

Denver's industrial space market vacancy rate increased from 6.4 percent in fourth quarter 2007 to 7.1 percent in first quarter 2008. Net absorption was negative and totaled just more than one million square feet, down from positive net absorption of 157,188 square feet in fourth quarter. First quarter new deliveries totaled 327,197 square feet in 14 buildings, and 1.3 million square feet in 15 buildings remained under construction. 

Denver industrial space has seen tenant demand increase. Newer, more functional industrial space inDenver will lease up rapidly once the market gains traction, as this is an existing trend that we expect to continue. 

The demand for Denver industrial space with yard space also continues to be strong. Strategic infill sites with good access to major arterials are a great buy for developers and owner-users. 

The U.S. Department of Energy also selected Denver as one of its 12 Solar American Cities. Denver was chosen for its commitment and comprehensive approach to the deployment of solar technologies and the development of sustainable solar infrastructures, receiving $200,000 to integrate solar technologies. 

Denver industrial construction also slowed through 2007, but a still healthy 1.8 million square feet of industrial space in Denver was in the pipeline as the year ended. The vast majority of industrial construction activity was located in Denver and Adams Counties, as were the majority of projects completed throughout the year. In 2007, Adams County alone accounted for 70 percent of the industrial construction projects completed in Metro Denver. 

The Denver metropolitan area has been fairly steady as far as the industrial space market is concerned. The long term forecast is positive for Denver industrial space from both a regional and national perspective. Local industry drivers also demonstrate strong potential for the short term. While construction-related tenants have downsized, larger players remain strong. Energy sector industries and oil & gas drilling manufacturers are also driving demand as the energy companies continue to enter the region. Plans for the Conoco Phillips facility in the Northwest market are also lending strength to the renewable energy sector. 

These and other growth factors point to continued development of Denver industrial space on many fronts. Several R&D/flex developments are underway in existing parks across town. The Colorado Tech Center has multiple buildings under construction, and MIE Corporate Center and Ken Caryl are wrapping up smaller projects.