2023 Office Space Rent & Sales
- $28.63 2023 Avg. Asking Rent
- -0.25% Y-o-Y Avg. Asking Rent Change
- 25.59% 2023 Office Vacancy Rate
Greenwood Village office price per square foot in 2023 was $28.63 on average. This marked a -0.25% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 25.59% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Greenwood Village Class A & A+ Office Space$36.77
- Greenwood Village Class B Office Space$25.27
- Colorado Class A & A+ Office Space$36.72
- Colorado Class B Office Space$24.52
- Colorado Class C Office Space$30.48
Greenwood Village, CO Office Asking Rents by Class
2023 Office Vacancy Rates in Greenwood Village
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Denver Tech Center | $28.60 | 24.97% |
| Centennial | $22.96 | 18.06% |
Office Spaces for Rent in Colorado
Coworking Spaces in Colorado
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2023 Office Construction in Greenwood Village, CO
| Office building | Address | SF | Completed |
|---|---|---|---|
| 5571 S Yosemite St | 5571 S Yosemite St, 80111 | 15,200 | 2022 |
| Palazzo Verdi | 6363 South Fiddlers Green Circle, 80111 | 317,352 | 2008 |
| Village Center Station I | 6380 South Fiddler's Green Circle, 80111 | 234,915 | 2008 |
| Fiddlers Green Center II | 6501 South Fiddlers Green Circle, 80111 | 206,734 | 2000 |
| Crestline Office Center | 7400 East Crestline Circle, 80111 | 61,500 | 2000 |
| One Greenwood Plaza | 6550 Greenwood Plaza Boulevard, 80111 | 247,312 | 1999 |
| Crescent VI | 8400 East Crescent Pkwy, 80111 | 134,113 | 1999 |
| Crescent IV | 8490 East Crescent Pkwy, 80111 | 39,492 | 1998 |
| Crescent VII | 8390 E Crescent Parkway, 80111 | 135,332 | 1997 |
| Crescent IV | 8490 East Crescent Parkway, 80111 | 40,000 | 1997 |
Worth noting among recent office completions on the Greenwood Village market is 5571 S Yosemite St, which is currently the largest new office development in the city, at 15,200 square feet.
See reports for other markets
- Denver Office Rent Price
- Colorado Springs Office Rent Price
- Boulder Office Rent Price
- Fort Collins Office Rent Price
- Greenwood Village Office Rent Price
- Englewood Office Rent Price
- Centennial Office Rent Price
- Lakewood Office Rent Price
- Littleton Office Rent Price
- Golden Office Rent Price
- Aurora Office Rent Price
- Broomfield Office Rent Price
- Westminster Office Rent Price
- Houston Office Rent Price
- San Antonio Office Rent Price
- Charlotte Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Greenwood Village commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.