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Denver Industrial Vacancy Rate Edges Up As New Buildings Flood Market

Rate Hits Highest Level in Five Years
More industrial developments are proposed all the time in the Denver area, including Inova Aero in Arapahoe County by Minneapolis-based United Properties, which is expected to add 225,000 square feet of industrial space in its first phase with potential plans for more. Illustration: United Properties
More industrial developments are proposed all the time in the Denver area, including Inova Aero in Arapahoe County by Minneapolis-based United Properties, which is expected to add 225,000 square feet of industrial space in its first phase with potential plans for more. Illustration: United Properties
By Molly Armbrister
May 27, 2019 | 7:31 P.M.

Years of sustained industrial construction in the Denver area have caused the vacancy rate for those buildings to rise for the second straight quarter, approaching 5% for only the second time since buildings began to fill in 2014.

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News | Denver Industrial Vacancy Rate Edges Up As New Buildings Flood Market