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 August 1, 1996

Real Estate: Oak Ridge Retail Center secures wealth of tenants

Oak Ridge Retai l Center, a 22,000-square-foot shopping center developed by The Everitt Cos. and leased by Miscio and Stroud Inc., will host avariety of tenants. Among them is Burke’s Cleaners, owned by Mark Burke. Burke also owns Mr. Neat’s Tuxedos. Additionally, Dave Cozzola is opening a second location for his Cozzola’s Pizza. And a franchise new to Northern Colorado, My Favorite Muffin,also will open in Oak Ridge. “It’s a little different than a large center in that it doesn’t necessarily need an anchor,´ said Larr y Stroud, who is handling the leasing. Still, uses for the largest remaining pad, a 4,000-square-foot to 7,000-square-foot site, are under discussion. Possibilities include a video store orfinancial institution. Other tenants already signed by Stroud are Western Camera, opening its fifth Northern Colorado site. A Dallas-based barbecue restaurant, Dickey’s Barbecue, also will open its first Fort Collins store. And PostNet Postal & Business Services of Las
Vegas will open its second Fort Collins franchise in Oak Ridge Retail Center. The first one opened in June at Prospect Road and Lemay Avenue. “We’re negotiating with a couple other possible tenants,” Stroud said, noting that the retail project now is up to 65 percent pre-leased. He expects that figure to be near 100 percent when construction is complete in November. Stroud said he even had to turn away some retailers who wanted to be in the center. “We had to do that out of respect to ones we had already signed,” he said, citing competitive concerns. ZT I adds residential arm FORT COLLINS – Commercial real estate firm ZTI Group Inc. has joined with Martie Kleeberg and Brett Pavel of Metro Brokers Fort Collins Central
Inc. to add a residential division to ZTI. “ZTI moved into our building in March,” Kleeb erg said, “and it just seemed like the natural thing to do.” Now, the Metro Brokers company no longer exists. Kleeberg and Pavel are part of the new ZTI Group Residential Division. “We have a development company and have been developing residential subdiv isions for 10 years,´ said Debbie Tamlin, owner of ZTI. “This gives
us salespeople to market those projects. We’re thrilled.” Additionally, Tamlin sold residential real estate for 11 years before going commercial. The new affiliation gives her former resi dential customers a
way to continue working with her company, she said. “This way, I know they will be taken care of,” Tamlin said. The changeover was complete July 1. No money exchanged, and neither company was bought by the other, so the deal is not con sidered a merger or
acquisition. “We’re excited about the opportunity to market new homes and new products and also to do resale,” Kleeberg said. “There’s a synergy here with
more of us in the office. The commercial division will have referrals for us and vice versa.” The residential division can be reached at 493-7000. Realtec names Greeley broker GREELEY – Blaine Herdman, owner of Herdman Properties Inc., has joined Realtec Commercial Real Estate Services Inc. as principal/broker of its
Greeley office. Herdman is a Greeley native and one of Greeley’s leading commercial brokers for the past three years. He specializes in all types of commercial real
estate, development and property management. “Their market domination, advanced technology and membership in NAN (New America Network) are what drew me to Realtec,” Herdman said. Herdman will replace Michael Ehler and Jack Mackey, who now work for The Group Inc. “Blaine brings to Realtec significant commercial expertise, a substantial client base and the add ed perspective that only comes from being a native of
Greeley,´ said Steve Stansfield, president of Realtec. “We are very confident this new partnership will be extremely beneficial for our clients.” Realtec-Greeley is adding one or two additional agents in the near future. Herdman’s new phone number is 346-9900. Marketing firm to double size FORT COLLINS – InVision Marketing Inc. has outgrown its 5,000-square-foot downtown building and will break ground later this year on a
10,000-square-foot facility i n Oak Ridge Business Park. Plan now are being reviewed by the city. The project will be developed and managed by Veldman Morgan Commercial Inc. Vaught Frye Architects is
designing the building. “We have 21 employees now, and we’re above capacity,´ said Ka ren Hanson, owner of the firm. “We’ve started to double up in offices. “You expect a level of creativity from your employees, but they can’t produce if they don’t have room,” she said, adding that parking has become a
problem downtown, as well. The new fa cility also will allow for future expansion. InVision’s current building at 153 W. Mountain Ave. was purchased four years ago by Hanson. “We took 63 tons of stuff out of there when we renovated,” she said. Veldman Morgan also will handle the sale of the d owntown building. InVision is a full-service marketing company that helps firms evaluate, plan and execute marketing strategies. That includes everything from
brochures, press releases, advertisements and corporate identities to World Wide Web sites and i nteractive media. Hanson started the business nine years ago in the basement of her Fort Collins home. Her husband, Ron, joined the firm 18 months ago. Revenues last year totaled $2 million. This year’s goal is $3 million. No shopping center for now EATO N – Austin & Austin of Greeley has decided not to forge ahead with plans for a commercial and residential annexation at the south edge of
Eaton along U.S. Highway 85. Austin & Austin chose to pull back on the project, once dubbed Haythorn Square, after no -growth sentiments got the upper hand. Prospective tenants in the project also were not interested in fighting what was shaping up to be an uphill climb against the no-growthers. Longmont company chooses Frederick FREDERICK – Meadowlark Optics Inc., a le ading manufacturer of precision optical components and systems, will build a new corporate facility in
Frederick. The firm currently is in rural Weld County with a Longmont address. A 75-acre building site was purchased by Tom and Jeanne Baur, owners of M eadowlark. Plans include a new 18,000-square-foot building on four
acres of the property. Baurs intend to further develop the land as a new business park, as well. Quinlan Construction of Boulder will build the new headquarters. Construction should take f our to six months following an October groundbreaking.Meadowlark supplies precision optics and instruments for use in laser and imaging systems. Major markets include medical diagnostic and surgical;
semiconductor test and inspection fiber optic testing, and aerospace/defense systems. The company now has 37 employees and plans to add 14 new jobs over the next two years. New building opens for Brewer Brewer Steel Co. has officially opened its new facility at 2985 First Ave. in Greeley. The company previo usly was located at 527 Sixth Ave. The new facility is a 45,000-square-foot plant in the Greeley Commerce Center. Brewer produces equipment for sugar factories but also does plate-steel fabrication, tanks, duct work and services for the food and agricultu re
industries. The company was founded in Greeley in 1926 and is currently owned by BMA of Braunschweig, Germany. Loveland firms head to Weld WINDSOR – Two Loveland companies, Tackle Inc. and Westek Inc., broke ground last month on a 14,000-square-foot b uilding in the Windsor
Tech Business Center in Windsor. Tackle provides automation and tooling for the food-processing industry, while Westek performs the same function for nonfood industries. James H.
Andersen, president of Westek, also serves as vice p resident of Tackle, while Tackle president Harry J. Tiffany III serves as vice president of
Westek. The companies together employ about nine and occupy 10,000 square feet in Loveland. The Windsor location will enable them to build up to a total of
24,000 square feet. Leases: Realtec Commercial Real Estate Services Inc. has leased 2,300 square feet to Pawnee Leasing in Key Bank Tower, 300 Oak St. in Fort Collins. The
move is an expansion to the 10th floor, which is owned by Dana Geyer. Rhys Christensen br okered the deal. a

Oak Ridge Retai l Center, a 22,000-square-foot shopping center developed by The Everitt Cos. and leased by Miscio and Stroud Inc., will host avariety of tenants. Among them is Burke’s Cleaners, owned by Mark Burke. Burke also owns Mr. Neat’s Tuxedos. Additionally, Dave Cozzola is opening a second location for his Cozzola’s Pizza. And a franchise new to Northern Colorado, My Favorite Muffin,also will open in Oak Ridge. “It’s a little different than a large center in that it doesn’t necessarily need an anchor,´ said Larr y Stroud, who is handling the leasing. Still, uses for the largest remaining pad,…

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