ARCHIVED  January 1, 1997

Counties diverge in commercial real estate

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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…

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.
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