Denver, CO Market Report

Denver's medical office market is outperforming traditional office by a wide margin — vacancy sits at just 10.6% compared to 19% for conventional space, with single-story buildings even tighter at 7.8%. Rents are rising 2.6%, only 120,000 square feet of new medical office space is under construction, and investors closed $229 million in transactions last quarter, signaling strong and sustained confidence in the market.