Denver industrial real estate market looks strong for 2024
Buoyed by major projects in late 2023, metro Denver’s industrial real estate market is starting the new year strong and no longer has one of the highest vacancy rates in the country.
The fourth quarter of 2023 was the Denver area’s second-largest in terms of new buildings delivered in the industrial sector at 3.2 million square feet, the Denver office of JLL, a global real estate firm, reported. The record was 3.6 million square feet in 2022.
The fourth quarter was also great for the leasing of space that had been sitting…