In a recent article featured in Colorado Real Estate Journal’s December 2025 Office & Industrial Quarterly Publication titled, “Colorado Industrial Markets are at a Crossroads”, Matthews™ Vice President Spencer Mason breaks down Northern Colorado, Colorado Springs, and Denver’s Q3 2025 industrial market performance.

 

According to Mason, Colorado’s industrial real estate market entered a period of recalibration in Q3 2025, marked by disciplined development, longer decision cycles, and steady repricing. Elevated interest rates and economic uncertainty slowed leasing and investment activity across the Front Range, prompting developers to pivot away from speculative projects, and move towards build-to-suit and pre-leased opportunities.

 

Denver and Northern Colorado saw rising vacancy but continued strength in smaller, flexible unit sizes, while Colorado Springs maintained resilient fundamentals supported by limited supply and population growth. Overall, the market is settling into a more measured phase that resets expectations and positions Colorado industrial real estate for healthier, sustainable growth ahead.

 

Click here to read the full article or access the Q3 2025 Matthews™ Denver, Northern Colorado, and Colorado Springs industrial market reports for further insights on each market.