Low vacancies spur new development
Low vacancy rates in all sectors of commercial real estate have sparked a flurry of new construction throughout Larimer and Weld counties.
Indeed, some new office construction in Larimer County is the first of its kind in almost 10 years.
And if current trends and predictions hold true, there should be no shortage of building activity in the months and years to come. That is tempered, however, by a changing political tide, particularly in Larimer County, that is fostering some resistance to growth.
Still, new businesses and tenants renegotiating leases or moving into new space may find increases in rental rates that reflect…
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