SW DIA/Pena Blvd

Denver - CO USA - Industrial Submarket

Industrial real estate intelligence for the SW DIA/Pena Blvd submarket. 53.3M SF of inventory with 11.7% vacancy. Data sourced from various MLS platforms.

53.3MSF

Inventory

7.9MSF

Available

11.7%

Vacancy

14.2%

Availability Rate

$8.59

Asking Rent

-0.1%

Rent Growth

173KSF

12mo Absorption

2.1MSF

Under Construction

Market Metrics

12mo Delivered

397K SF

Under Constr % of Inv

4.0%%

Sale Price/SF

$141

Cap Rate

7.6%%

12mo Sales Volume

$285,725,199

Sales Vol Growth

94.8%

Asset Value

$7,813,810,145

Net Absorption

+173K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Centennial Data Center	$9.1M	43,294	Adler Real Estate Partners
910 15th St	$180.0M	188,272	CoreSite
DE1 Denver IBX® Data Center	$7.3M	30,791	Aphorio Carter
NAS7	$32.7M	342,105	Switch, Inc.
LAS15	$18.9M	257,910	Switch, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
Denver Commerce Center 2 Concord	54,280	$11.48 - 14.03 (Est.)	Kenai Capital Advisors
Port Colorado	1,034,160	Not Disclosed	-
Cold Storage Warehouse	170,223	$8.99 - 10.99 (Est.)	Karis Cold Storage
4353 E Bromley Ln	1,179,955	$7.99 - 9.76 (Est.)	Starboard Realty Services
Concord Business Center Building 1	12,534	$11.62 - 14.20 (Est.)	Hannay Realty Advisors

Data Centre Development Potential

High vacancy (11.7%) in SW DIA/Pena Blvd may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 2.1M SF indicates developer confidence in the submarket. Positive net absorption of 173K SF over the past 12 months signals healthy demand fundamentals.