If you build it, they will come - and they did
Aurora offers office, industrial and land choices in master-planned business parks or in urban and green field settings. Aurora has all classes of office and industrial properties, plus land in infill and outlying locations.
Aurora’s real estate inventory consists of 24.4 million square feet of industrial space, 4.8 million square feet of flex space, 9.6 million square feet of office space and tens of thousands of acres of land.
A selection of premier real estate options are listed under the featured properties tab above. The Aurora Economic Development Council staff can produce a customized real estate package compiling data and figures from our real-time database and inside knowledge of available properties as part of a comprehensive site selection proposal.
Aurora’s office inventory includes Class A, B and C product with rents below metro market averages in each class. As of the second quarter of 2015, Aurora’s vacancy rate is 11.8 percent, slightly above the metro-wide average of 9.8 percent.
Industrial sites comprise Aurora’s largest real estate segment. Interstate-70, the region’s major distribution corridor, runs through the northern portion of the city, and drives Aurora’s industrial real estate development.
Most of Aurora's business parks have significant industrial elements and are on or near the I-70 corridor. Several national developers such as ProLogis and Majestic Realty have developed parks on the corridor with more to come as development moves east.
Aurora’s industrial vacancy rate is 4.0 percent as compared to the metro area's 2.9 perenct as of second quarter 2015. Aurora’s professional developers have worked hard to match their construction activity to market conditions.
Land availability is one of the hallmarks of Aurora’s real estate mix and one of the city’s key economic drivers. With its location on the eastern perimeter of the metro area, Aurora features plenty of open land. Proximity to Denver International Airport and access provided by I-70 and E-470 have combined to make Aurora’s land highly attractive for development. As a result, in the last decade, entitlement and development activity has involved about 25,000 acres on Aurora’s I-70 and E-470 corridors.