Denver’s office market is still recovering from the pandemic, but second-quarter reports indicate it is shifting toward stabilization with positive net absorption.
Office tenants took approximately 119,700 SF more than they vacated in Q2, according to Cushman & Wakefield. 
Last quarter was Denver’s strongest quarterly net absorption since Q1 2022, which had nearly 282K SF of net absorption, according to Cushman & Wakefield data provided to Bisnow.

Absorption growth last quarter came despite Schlumberger giving up more than 50K SF at the Denver Energy Center. Meanwhile, Industrious moved into 25,200 SF at 2420 17th St., according to Cushman & Wakefield’s Q2 Denver office report.
Other notable move-ins in…​