• Nearly 1.5 million sq. ft. was under construction in Q4 2017, the largest speculative footprint in the metro Denver area.
  • The Downtown average direct asking lease rate was $33.43 per sq. ft. FSG in Q4 2017, down 1.5% quarter-over-quarter.
  • Direct vacancy increased 26 bps year-over-year to 13.4%.
  • The largest transaction of the quarter metro-wide was the landmark sale of 1401 Lawrence.
  • Notable lease transactions in the quarter included Chipotle (152,000 sq. ft.) and Greenberg Traurig (30,589 sq. ft.) at 1144 Fifteenth and Xero (29,989 sq. ft.) at the Circa Building.