DENVER—The Denver market is as tight as it has ever been. That is according to Mark Bowen, SVP of DCT Industrial Trust.
Bowen, who will serve as a speaker on the industrial panel at the upcoming RealShare Denver conference on August 11th, tells GlobeSt.com that the market is tight due to the fact that there is a considerable difference between the market's available supply and the significant demand that exists in the market.
That, he says, has “caused both current tenants and new tenants in the market to have fewer choices for space needs and fairly significant rental rate increases from what they were 24 to 36 months ago.”
To read more about the industrial market in the region, including its new and untapped income stream, click here. And stay tuned to more on Denver as we gear up for our new RealShare Denver event there on August 11th at the Magnolia Hotel. Click here to sign up or learn more.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
