Counties diverge in commercial real estate
The business of commercial real estate in Northern Colorado this year will not deviate drastically from 1996’s activity.
However, Weld and Larimer counties will continue to follow different patterns of commercial growth.
As for office space, Greeley is witnessing a flight to the western portion of the city, where new office buildings are under construction and more planned.
That has left the downtown area with a 15 percent to 20 percent office vacancy rate, said Michael Ehler, commercial broker with The Group Inc.
In Fort Collins, the office market is full but relatively flat.
“We’re going to see a decline in the office market…
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