• Vacancy rate reached a record low of 4.0%.
  • Northern Colorado’s average asking direct lease rate stabilized at $15.38 per sq. ft. NNN, only increasing 0.3% year-over-year.
  • Investment activity remained strong with sales volume totaling $55.7 million in H2 2018 and averaging $146.78 per sq. ft.
  • Positive net absorption of 34,826 sq. ft. was recorded in H2 2018, pushing annual 2018 net absorption to 120,290 sq. ft.
  • The Greeley market area recorded 82.0% of total net absorption in H2 2018.