Warehouse & Distribution Users Drive Industrial Leasing

CBRE Research MarketFlash Industrial Market 2016

Denver, COCBRE Colorado Research Team recently released their latest MarketFlash and reports that warehouse and distribution space accounted for 84% of all industrial leasing activity in Denver.

CBRE Research reports the following: CBRE Research MarketFlash Industrial Market 2016

“​Nearly 12.0 million square feet of industrial space was leased in the Denver area over the past four quarters, including renewals and expansions. The breakdown by property is as follows:

  • Manufacturing: 648,000 sq. ft. (5%)
  • Flex R&D: 1,264,000 sq. ft. (11%)
  • Warehouse/Distribution: 9,979,000 sq. ft. (84%)

​Major New Deals of Q1 2016

  • Precision Building Systems – 201,000 sq. ft. – Building Materials and Construction
  • Victory Packaging – 200,000 sq. ft. – Packaging Supply”

Graphic credit CBRE Research


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