• Southeast Denver posted negative 403,000 sq. ft. of net absorption, bringing the year-to-date total down to negative 291,000 sq. ft.
  • The average direct asking lease rate increased $0.42 quarter-over-quarter to $27.29 per sq. ft. FSG.
  • Total vacancy increased 276 bps from last quarter to 16.6%.
  • Sublease availability climbed to 1.5 million sq. ft.—a 54.1% increase from Q2 2020.
  • Investment sales volume totaled $126.8 million across two transactions.