ARCHIVED  October 1, 1995

Downtown vacancies hover at 3%-4%

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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…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: ARCHIVED Industry News
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