Regions West | Denver
Study: Commercial Real Estate More Than 10 Percent of Colorado's Economy
Jan 8, 2008
Source: Denver Post

The commercial real estate industry was accountable for more than 10 percent of Colorado's state economy during 2006, according to a study commissioned by the National Association of Industrial and Office Properties. The study found that commercial real estate comprises 10.5 percent of the state's economy, totaling out to a value of $23.4 billion.

The state's three major metropolitan areas -- Denver, the northern Front Range and Colorado Springs -- had nearly 85 percent of Colorado's existing commercial and multifamily properties, with metro Denver alone representing nearly 58 percent of existing income-producing square footage, the study found.

 
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