2022 Office Space Rent & Sales
- $24.23 2022 Avg. Asking Rent
- 2.61% Y-o-Y Avg. Asking Rent Change
- 10.04% 2022 Office Vacancy Rate
- $56.4M2022 Total Office Sales
- $178.02Avg. Sale Price/SF
Golden office price per square foot in 2022 was $24.23 on average. This marked a +2.61% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 10.04% across all asset classes combined. The 3 transactions that closed here throughout 2022 amounted to a total sale volume of $56.4M. Golden office space commanded an average sale price per square foot of $178.02.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Golden Class A & A+ Office Space$30.59
- Golden Class B Office Space$24.79
- Golden Class C Office Space$18.50
- Colorado Class A & A+ Office Space$37.34
- Colorado Class B Office Space$25.04
- Colorado Class C Office Space$18.06
Golden, CO Office Asking Rents by Class
Average office rent in Golden rested at $24.23 per square foot in 2022. As would be expected, office rent price showed some variation from one asset class to another. As such, the asking rent for class A office space in Golden averaged $30.59 per square foot. Across all submarkets, class B office space recorded an average asking rent of $24.79 per square foot. Meanwhile, assets encompassing class C office space saw asking rents of $18.50 per square foot, on average. Comparably, statewide Colorado average office rents by class in 2022 were: $37.34 per square foot for class A office space; $25.04 per square foot for class B office space; $18.06 per square foot for class C office space.
2022 Office Vacancy Rates in Golden
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Lakewood - West | $25.36 | 25.98% |
Golden | $21.65 | 5.62% |
Golden Office Sale Price per SF
- $178.022022 Avg. Price per SF
- 5.34%Y-o-Y Avg. PpSF Change
- $56.4M2022 Office Sales Volume
- 32022 Number of Transactions
Golden, CO Sale Price per SF Trend
- Golden Avg. Sale Price per SF in 2022$178.02
- Colorado Avg. Sale Price per SF in 2022$303.01
2022 Office Sales Volume
- Golden, CO Total Office Sales Volume in 2022 $56.4M
- Golden, CO Total Number of Office Sales Closed in 2022 3
Largest Golden Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
Cole Center at Denver West | 1707 Cole Blvd | 9/6/2022 | $32,700,000 |
Sixth Avenue West | 350 Indiana Street | 4/25/2022 | $20,900,000 |
Coworking Spaces in Colorado
- Houston Coworking Space
- Los Angeles Coworking Space
- Dallas Coworking Space
- Denver Coworking Space
- San Francisco Coworking Space
- San Diego Coworking Space
- Las Vegas Coworking Space
- Austin Coworking Space
- Phoenix Coworking Space
- San Antonio Coworking Space
- Irvine Coworking Space
- Portland Coworking Space
- Scottsdale Coworking Space
- Sacramento Coworking Space
- Salt Lake City Coworking Space
- Plano Coworking Space
- Fort Worth Coworking Space
- Colorado Springs Coworking Space
- Oakland Coworking Space
- Boulder Coworking Space
- Tucson Coworking Space
2022 Office Construction in Golden, CO
Office building | Address | SF | Completed |
---|---|---|---|
Jefferson Office Park - South West Building | 1010 Johnson Road, 80401 | 28,258 | 2016 |
Signature Centre at Denver West | 14143 Denver West Parkway, 80401 | 283,149 | 2007 |
Silagi Simms | 730 Simms Street, 80401 | 183,437 | 2007 |
440 Indiana St | 440 Indiana St, 80401 | 23,552 | 2005 |
Canyon Point II | 112 North Rubey Drive, 80403 | 26,115 | 2003 |
Clear Creek Square - 600 12th Street | 600 12th Street, 80401 | 79,705 | 2001 |
651 Corporate Circle | 651 Corporate Circle, 80401 | 61,200 | 2001 |
523 Park Point Drive | 523 Park Point Drive, 80401 | 59,693 | 2000 |
24928 Genesee Trl | 24928 Genesee Trl, 80401 | 7,281 | 2000 |
25188 Genesee Trail Road | 25188 Genesee Trail Road, 80401 | 35,475 | 1999 |
Worth noting among recent office completions on the Golden market is Jefferson Office Park - South West Building, which is currently the largest new office development in the city, at 28,258 square feet.
See reports for other markets
- Denver Office Rent Price
- Colorado Springs Office Rent Price
- Boulder Office Rent Price
- Englewood Office Rent Price
- Centennial Office Rent Price
- Fort Collins Office Rent Price
- Greenwood Village Office Rent Price
- Aurora Office Rent Price
- Lakewood Office Rent Price
- Washington Office Rent Price
- Chicago Office Rent Price
- Los Angeles Office Rent Price
- Seattle Office Rent Price
- Charlotte Office Rent Price
- New York City Office Rent Price
- Miami 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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Golden 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.