Local CRE Trends

Discover What’s New and Interesting in Our Backyard

Denver is the capital and largest city in Colorado, with a population of approximately 683,000 people. The greater Denver metropolitan area has a population of more than 3 million people and a growth rate that has consistently outpaced the national rate every decade since the 1930s, according to the Metro Denver Economic Development Corporation. It is also the nation’s second-most highly educated state, with 43 percent of residents holding a bachelor’s degree or higher.

Affectionately known as the Mile High City, Denver’s central geographic location provides key trade advantages, and its abundance of higher education institutions ensure a pool of highly skilled, educated workers. The area also has one of the lowest unemployment rates in the country, and employment growth in expected in a number of sectors, such as construction, education, health services, and leisure/hospitality.

Denver’s strong local economy is supported by business-friendly policies, a spirit of entrepreneurialism, and a talented workforce. Employment growth has resulted in a demand for new commercial real estate, especially in industrial space, which is propelled by a demand for additional distribution centers and warehouses. A recent report by construction consulting company Rider Levett Bucknall indicated that Denver is one of the cheapest U.S. cities for cost of construction, resulting in a lucrative environment for new commercial real estate development.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #375 on the 2020 Fortune 500®*, and is among numerous defense, energy, media, hospitality and financial Fortune 500®* companies based in the region. Our Denver-based team of CRE professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

*"FORTUNE®" and "FORTUNE 500®" are registered trademarks of Time Inc. Time Inc. is not affiliated with, and does not endorse the products or services of, Fidelity National Financial, its subsidiaries, or affiliates.

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