The situation with commercial leased space is just as challenging, as can be seen in the following chart.

Boulder City and County - Commercial Vacancy Rates

Retail Space 10-12%

Office Space 20%

Industrial/Warehouse Space 10-12%

Broomfield County

Retail Space 3.5%

Office Space 23.7%

Industrial/Warehouse Space 13.8%

(Boulder County Business Report, April 4-17, 2003)