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Quarterly Commercial Office Market Report

Fourth Quarter 2007

Direct Office Vacancy and Leasing Rates* for key submarkets in the Metro Denver, Colorado area:

 

Submarket

 Class
Vacancy

Average Rental Rates/SF*
Denver Central Business District

A

11.3%

$31.05
Denver Central Business District      

B

13%

$21.49
Denver Tech Center/SE (DTC) **

A

9.1%

$25.81
Denver Tech Center/SE (DTC) **   

B

16.7%

$19.86
West

A

9.1%

$22.19
West

B

11.1%

$18.81
Northwest

A

21.7%

$22.37
Northwest

B

9.1%

$18.18
Boulder

A

 16.2%

$22.53
Boulder

B

9.9%

$20.69


*   Rates/square foot are full service gross, including all operating costs. 
** Includes Centennial, Greenwood Village, Inverness and Meridian submarkets.
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