Absorption of office space continues across all qualities of properties which typically indicates the office market is under supplied. Demand for office space is being driven by Denver’s highly desirable quality of life that is attracting young, educated workers and driving corporate expansion and relocation. Unemployment in the Denver area is low, under 3% depending on your source.

The Denver office space market has become a real challenge for tenants having to make a lease decision, especially those with office lease renewals on long term leases. Tenants renewing their leases are finding that the office rental rates have increases of 15% to 40% from what they are paying and this is causing many office tenants to relocate to lower quality space. The Denver office market is no longer a level playing field. Tenants are having sticker shock with the increase in lease rates. Landlords are offering fewer concessions and incentives. In addition, Landlords can now be very choosey about the tenants they will approve. Some tenants are finding out that their Landlord will not renew their lease if their credit worthiness is not good, even though they have been making on time rent payments.

Tenants are having to compete for good space. Landlords receive multiple offers to lease the same space. Especialy for spaces under 10,000 sf. Credit is the key for tenants. If the tenant’s financial statement is not as strong as another offer, they will not get the space. As we said earlier, it is a Landlord’s market. All of this means that tenants must start their process of considering a renewal, relocation or expansion much earlier than in the past, in some cases, over a year in advance of when they need the space. Having the assistance of an experienced Denver office tenant rep, will make the process go much smoother and help in assuring a good outcome.

Average asking rates for Denver office space for rentor lease have continued to increase. Asking lease rates have surpassed their prerecession peaks with class A rates in the central business district exceeding the previous all-time high and class A rates in the Southeast suburban market hitting a new high as well. Denver has become an aging office market and older buildings have become functionally obsolete. With 88% of the central business district buildings older than 21 years and 54% of southeast suburban office properties older than 21 years, tenants will continue to look towards new construction or build-to-suits to get the infrastructure required for today’s business climate.

The strength in the office space market in Denver comes from energy resources and professional business services industries that are at the forefront of the market's tenant demand. This strength is expected to continue to provide stable growth. The downside to this for tenants is that rental rates will continue to rise as time goes by.

But there is help. If you need Denver office space, contact us using the request form above. It will give us a good idea of what you are looking for so we can assign the best match to you and your needs. Our local office space pro will get back to you right away. We pride ourselves on our fast response rate. Unlike many listing sites where you can make a request and then hear nothing back...ever. We make sure to follow up as quickly as possible. Even in the rare cases where we can't be of direct assistance, we won't leave you hanging. We will send you information on where you might be able to find help. For the vast majority who we can help, we have the top local office space professionals in the Denver area and their services are FREE for you. What they will do is start out by finding out about what you need, what you do and then they will provide you a customized search report and analysis for you using their proprietary databases to find the best space at the best price and located where you want to be. It is a no lose proposition.

Denver office space lease rents are still moving upward. We help mitigate those increases by finding opportunities in the market that you can benefit from!

Denver Executive Suite and Coworking Office Space For Rent

If you have a small business in the Denver area with less than 5 employees, you may find that an executive suite or coworking office space my work well for you. Many smaller companies looking to find Denver office space or in the surrounding submarkets, find an executive Suite office space may be a good option to meet their office space needs, especially since credit it the name of the game in renting conventional office space in Denver. Most offer virtual office options where you can get access to an office or conference room on an as needed basis. We have a comprehensive list of options by submarket in Denver that will allow you the flexibility desired by many small businesses. Rental terms are flexible and can be had anywhere from month-to-month to annual terms. An executive suite also includes the access to administrative assistance on an on-demand basis, along with conference rooms and office equipment such as copy machines, scanners and Wi-Fi Internet access.

Denver Office Space For Sale

In addition, we also can help you when it comes to office space for sale in Denver. Our local reps maintain current listing databases of office properties for sale, as well as information on properties that are not currently listed for sale. Whether you are looking for a free standing office building, an office condo or a medical office for sale, our Denver team can help find it and get the best possible deal. This is all at no cost to you. With exceptional market knowledge and many years of experience, they will ensure you have all of the information you need to make a good decision. They can also help you with deciding whether leasing or buying office space in Denver would be in your best interest.

If you need Denver office space, tell us what you need and we will get right to work.

Denver Office Space Markets

• Denver Office Space
• Denver-Auraria Office Space
• Denver-Ballpark Office Space
• Denver-Capital Hill Office Space
• Denver-Central Business District Office Space
• Denver-Cherry Creek Office Space
• Denver-Colorado Blvd Office Space
• Denver-Downtown Office Space
• Denver-East Colfax Office Space
• Denver-East Hampden Ave Office Space
• Denver-East I-70 Office Space
• Denver-Federal Blvd Office Space
• Denver-Five Points Office Space
• Denver-Highlands Office Space
• Denver-LoDo District Office Space
• Denver-Lowry Office Space
• Denver-Montbello Office Space
• Denver-NODO Office Space
• Denver-North Highland Office Space
• Denver-Northeast Office Space
• Denver-Northwest Office Space
• Denver-Platte Valley Office Space
• Denver-RINO Office Space
• Denver-South Broadway Office Space
• Denver-South Midtown Office Space
• Denver-Southeast Office Space
• Denver-Southwest Office Space
• Denver-Stapleton Office Space
• Denver-Tech Center Office Space
• Denver-West Office Space
• Denver-West Office Park Office Space