Forbes magazine recently ranked the Metro Denver area, which includes Boulder, as the 8th most wired city in the country.
Commercial Space
With the largest concentration of commercial real estate in the northwest metro Denver area, Boulder offers a wide range of options for business space. Lease rates are surprisingly competitive. Chances are you will find the space you need at a price that fits your budget.
Within the city of Boulder there are approximately 7 million square feet of rentable office space, 6 million square feet of industrial/warehouse space, and 4 million square feet of R&D/flex space.
| Commercial Space*: City of Boulder | Office | Warehouse | R&D/Flex |
|---|---|---|---|
| Total square feet | 7,124,201 | 6,366,710 | 4,386,778 |
| Vacant square feet | 725,551 | 765,140 | 407,225 |
| Vacancy rate | 10.2% | 12.0% | 9.3% |
| Absorption | (96,488) | (78,171) | (66,739) |
| Lease rate (NNN) | $7.50 – $25.00 | $5.50 – $9.50 | $6.00 – $12.00 |
*Includes buildings over 10,000 square feet. Owner-occupied, government and medical buildings excluded. Source: Frederick Ross Company, Ross Research Services, Boulder Market Report, Year-End 2008
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