Denver Office Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Newmark, Colliers
Quarterly office market indicators for Denver, aggregated by PropZone from Cushman & Wakefield, Newmark, Colliers. As of Q1 2026, average asking rent was — with a 22.8% vacancy rate.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 22.8% | 500K SF | — | Cushman & Wakefield |
| Q4 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q2 2025 | — | 22.8% | 500K SF | — | Cushman & Wakefield |
| Q4 2023 | $637.00/SF | — | — | — | Newmark |
| Q1 2023 | — | — | — | 2.0M SF | Newmark |
| Q4 2022 | — | — | 93K SF | 1.0M SF | Newmark |
| Q3 2022 | — | 23.1% | -827K SF | 1.0M SF | Newmark |
| Q2 2022 | — | 22.2% | -626K SF | 1.0M SF | Newmark |
| Q3 2020 | $32.00/SF | 21.9% | -235K SF | — | Cushman & Wakefield |
| Q2 2017 | $8.40/SF | 21.8% | 2K SF | — | Cushman & Wakefield |
| Q2 2017 | — | 7.7% | 701K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for office space in Denver?
- PropZone aggregates office asking-rent data for Denver from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the office vacancy rate in Denver?
- The office vacancy rate in Denver was 22.8% as of Q1 2026 (Cushman & Wakefield).
- Where does PropZone's Denver market data come from?
- This report aggregates quarterly office market data for Denver from Cushman & Wakefield, Newmark, Colliers.
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