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Tenants Stay In-Place and Investors Like Multi-Tenant Deals

  • October 22, 2018
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Leasing activity in the tri-county northern Colorado region appears to be at pace with last year.  Over 5 million square feet of 2018 leasing activity is expected in this market by year end.  This is about the same as in 2017.  Last year, almost half of that, or 2.5 million square feet was net absorption. 
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Investors Dominate End of Summer Activity in the NoCO Tri-County Region

  • September 13, 2018
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As summer comes to a close, all property types had a place in area CRE leases in excess of 20,000 SF. The former Hobby Lobby store next to the Greeley Mall was backfilled by a 51,000 SF retail tenant yet to be identified, to rank as the month’s largest lease activity. An office property on
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July Vacations May Have Suppressed NoCO CRE Activity

  • August 13, 2018
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With the continuing sluggishness in leasing activity in our tri-county area, one must surmise that firms just didn’t want to move in July. Of the approximately 90 lease deals tracked, the median size was less than 1500 SF. The largest lease, 23,000 SF to Stickley Furniture store in Superior reflects a retailer chasing new population
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Price Per Square Foot Varies Greatly in Tri County May CRE Sales and Leases

  • June 26, 2018
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Springtime CRE sales and leasing activity across the five metro areas (Boulder, Longmont, Loveland, Fort Collins, and Greeley), Showed great diversity and spreads across multiple property types. During May, at-least, the Buyers and Sellers were predominantly Colorado based, except for one mega-sale in Longmont. Activity has been on a strong run in a rolling twelve-month
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Office Properties Show Some Life in NoCO CRE February Activity

  • March 8, 2018
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While February was relatively quiet (only about 30 sales across the three counties of Boulder, Larimer and Weld), office leasing showed some life. 9,000-14,000 square feet seemed to be the magic size of the significant deals. A downtown Boulder property at 14th and Pearl leased two suites of 10,000 and 9,000 SF. Pearl East business
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Starting the New Year – Denver Investors like NoCO Real Estate

  • February 12, 2018
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Denver investors moved an hour down the Interstate to start the new year’s investment activities in the tri-county Front Range area.  The three-year-old Prospect Station apartments in Fort Collins sold to a Denver investor for $16.5 Million.  The 68-unit complex sold for $243,000 per door at a reported 6% cap rate to the Buyer.  Then,
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California Buyers Rush into NoCO at end of Year

  • January 23, 2018
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California buyers made a splash in our region to close out the year.  Several of the sales were for apartment complexes. Franklin Flats in Greeley was sold by a Colorado based owner to Alta Community Investments out of Thousand Oaks CA for $15.4 Million. That 108-unit project sold at a reported 6.76% cap rate, and
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Making Money in Tri-county CRE

  • December 6, 2017
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Making Money in Tri-county CRE The northern Colorado tri-county region (Larimer, Weld, and Boulder counties), continues to reward property owners with nice gains. November showcased several such transactions. The Arbors at Sweetgrass in Fort Collins returned a gain of over $15 million for the Ohio based Landmark group as it sold the property for $47
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