Downtown vacancies hover at 3%-4%
Throughout Larimer and Weld counties, commercial construction projects are booming. The reason, industry experts say, is simple: Vacancy rates in office, retail and industrial spaces are very low.
Mix that with the increasing attractiveness of Northern Colorado to many businesses, and tenants may find that some lease rates also are on the rise.
Realtec Commercial Real Estate Services Inc. of Fort Collins tracks vacancy and lease rate on a monthly basis. According to its latest figures, dated Sept. 14, the retail vacancy rate at 39 major Fort Collins mall and strip centers larger than 10,000 square feet and hosting anchor businesses was…
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