Denver Industrial Shortage Deepens, Space Hard to Find
Vacancy Rates and Oversupply Dynamics A rising tide of vacancy rates is reshaping Denver's industrial real estate environment, casting shadows over its economic progress. In Q2 2025, vacancy rates reached 8.4%, reflecting a concerning 20% year-over-year increase. This figure starkly contrasts with the long-term averages of 5.6% over ten years and 6.4% over five years. The development boom from 2021-2023 considerably outpaced the current demand. Real estate analysts suggest that tools such as DealCheck can play a significant role in analyzing property data to predict future trends and make informed decisions about investments. As a result, vacancy projections are surpassing expectations. Demand forecasting shows larger logistics facilities primarily drive this excess, while smaller properties remain competitive. This trend was further highlighted by the fact that private capital transactions accounted for 51% of total sales volume in the past year. With 1.35 million square feet un...