James Real Estate RE Mkt Cond Dnvr 2000 4th Qtr Page 16
JAMES REAL ESTATE SERVICES, INC.
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Space During
Year
(SF)**
(SF) (SF)
2000** 785 76,134,400
1,279,400
5,788,600
7.60%
1,696,900
1999 771 74,855,000
2,527,900
6,206,100
8.29%
2,552,000
1998 752 72,327,100
2,065,800
6,230,200
8.61%
2,200,100
1997 735 70,261,300
1,336,700
6,364,500
9.06%
2,433,800
1996 725 68,924,600
191,800
7,461,600
10.83%
1,158,000
1995 721 68,732,800
93,400
8,427,800
12.26%
588,722
1994 719 68,639,400
796,500
8,923,122
13.00%
3,180,478
1993 717 67,842,900
-451,200
11,307,100
16.67%
2,046,400
1992 724 68,294,100
-162,800
13,804,700
20.21%
1,816,300
1991 728 68,456,900
-160,200
15,783,800
23.06%
1,159,800
1990 735 68,617,100
2,086,800
17,103,800
24.93%
2,333,600
1989* 713 66,530,300
972,300
17,350,600
26.08%
2,009,700
1988 944 65,558,000
-3,332,000
18,388,000
28.05%
-2,134,000
Source: Frederick Ross & Company/James Real Estate Services, Inc.
Midyear**
The reported 7.6% vacancy rate is at an all time low with 1,696,900 SF absorbed while
1,279,400 SF of space was added to the market. All of the metro area sectors achieved positive
absorption except for the Midtown sector, which experienced a negative absorption.
