Denver Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, CBRE, Matthews, JLL, Savills, Colliers, Newmark
Quarterly industrial market indicators for Denver, aggregated by CREhunt from Cushman & Wakefield, CBRE, Matthews, JLL, Savills, Colliers, Newmark. As of Q2 2026, average asking rent was $10.09/SF/yr and vacancy was 7.8%, per Cushman & Wakefield.
Projected current industrial pricing — Denver
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Denver industrial yet, so this applies the typical cap rate across comparable industrial markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 multiple brokerages asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~92% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $10.09/SF/yr | 7.8% | 46K SF | — | Cushman & Wakefield |
| Q2 2026 CBRE | — | — | 55K SF | — | CBRE |
| Q1 2026 Matthews | $11.41/SF/yr | 9.1% | — | — | Matthews |
| Q1 2026 CBRE | $10.00/SF/yr | 8.6% | 416K SF | — | CBRE |
| Q1 2026 Cushman & Wakefield | $13.19/SF/yr | 7.5% | 983K SF | — | Cushman & Wakefield |
| Q1 2026 JLL | $9.67/SF/yr | 9.3% | — | — | JLL |
| Q1 2026 Savills | $8.55/SF/yr | 9.2% | — | — | Savills |
| Q1 2026 Colliers | $7.75/SF/yr | 4.5% | 1.3M SF | — | Colliers |
| Q4 2025 Savills | $8.65/SF/yr | 9.3% | — | — | Savills |
| Q4 2025 Cushman & Wakefield | $9.88/SF/yr | 8.1% | 690K SF | — | Cushman & Wakefield |
| Q4 2025 Newmark | $11.65/SF/yr | — | 427K SF | — | Newmark |
| Q3 2025 Cushman & Wakefield | $9.74/SF/yr | 7.9% | 0 SF | — | Cushman & Wakefield |
| Q3 2025 Newmark | $11.65/SF/yr | 9.4% | 1.9M SF | — | Newmark |
| Q2 2025 Newmark | $11.65/SF/yr | 9.4% | 166K SF | — | Newmark |
| Q2 2025 Cushman & Wakefield | $10.25/SF/yr | 7.9% | 127K SF | — | Cushman & Wakefield |
| Q1 2025 Cushman & Wakefield | — | 7.5% | — | — | Cushman & Wakefield |
| Q1 2025 Newmark | — | 9.1% | 428K SF | — | Newmark |
| Q4 2024 Newmark | — | 9.1% | 1.1M SF | — | Newmark |
| Q3 2024 Newmark | — | 9.5% | 2.1M SF | — | Newmark |
| Q2 2024 Newmark | — | 10.0% | -551K SF | — | Newmark |
| Q1 2024 Newmark | — | 9.1% | 220K SF | — | Newmark |
| Q4 2023 Newmark | — | 8.4% | 1.9M SF | — | Newmark |
| Q3 2023 Newmark | — | 8.4% | 573K SF | — | Newmark |
| Q2 2023 Newmark | $10.63/SF/yr | 8.2% | — | — | Newmark |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Denver industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Airport | $7.52/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Airport Central | $7.86/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Airport East | $6.88/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Boulder | $13.34/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| I-76 | $11.00/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| I-76 Corridor | $7.50/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Longmont | $13.26/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| North Central | $9.26/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northwest | $10.87/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| South Central | $10.15/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Southeast | $9.00/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Southwest | $12.19/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| West | $13.21/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
Frequently asked questions
- What is the average asking rent for industrial space in Denver?
- As of Q2 2026, the average asking rent for industrial space in Denver was $10.09/SF/yr, per Cushman & Wakefield.
- What is the industrial vacancy rate in Denver?
- The industrial vacancy rate in Denver was 7.8% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Denver market data come from?
- This report aggregates quarterly industrial market data for Denver from Cushman & Wakefield, CBRE, Matthews, JLL, Savills, Colliers, Newmark.