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 20.8 million square feet of industrial space, 8.1 million square feet of office and thousands of acres of land.

To view our freatured business parks, select one of the options on the left.

Office
Aurora’s office inventory includes Class A, B and C product with rents below metro market averages in each class. Aurora’s vacancy rate is 15.4 percent, close to the metro-wide average of 14.3 percent.

Most of Aurora’s office space resides in the south central portion of the city near I-225. The area features 8 to 12-storey and suburban-style office buildings. Most are multi-tenant buildings. Major tenants include Kaiser Permanente, Dex Online and Nelnet.

A little further north in the I-225 corridor, one will find single user, suburban-style office properties with tenants like Raytheon, Northrop Grumman and Corporate Express. A new office market is emerging on I-70 near I-225 for tenants that value proximity to DIA. Organizations like Boeing and the federal Transportation Services Administration are locating there.

Industrial
Industrial property comprises 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. Eighty-percent of Aurora’s industrial inventory is located in the I-70 corridor. The corridor features a mix of first and second generation industrial property with 58 percent of it, or 9,100,000 square feet having been built in the last ten years.

Eleven of Aurora’s fifteen business parks have significant industrial elements and are on or near the I-70 corridor. Several national developers like ProLogis, Lowe Enterprises, Majestic Realty, Lauth Properties and the Pauls Corporation have put in parks on the corridor with more to come as development moves east.

Aurora’s industrial sector has traditionally been stable. Over the last five years, vacancies have ranged between 8.2 and 12 percent while rents have remained relatively stable. Aurora’s professional developers have worked hard to match their construction activity to market conditions.

Land
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 25,700 acres on Aurora’s I-70 and E-470 corridors.