DENVER—Other than Denver's nickname-inducing altitude, there's another geographic anomaly that distinguishes it. There are no other major cities—and certainly no intermodal hubs—within a 500-mile radius.
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That number is important, because, as Paul Kluck, first vice president and industrial broker at CBRE, explains, that's the distance a truck can travel in a day, in other words, one day's delivery. “Denver has 5% of the US population within one day's truck drive,” he says. “Some of the other larger cities across the country, like Indianapolis has 36%; Cincinnati has 40%; Las Vegas has 16%.”
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
