Estes running out of commercial development sites

Business Report CorrespondentThis town˜s commercial real estate market continues to thrive. Most, if not all of the available retail and office space is taken, and two new commercial complexes are scheduled to open early next year. The problem is that Estes Park is running out of room to grow.
"It˜s fairly good," said Eric Blackhurst, incoming president of the Estes Park Board of Realtors. "We˜re probably 95 to 98 percent occupied in terms of leased retail and office space. There˜s not much room for expansion."
Peggy Lynch, a broker and agent who is developing one of the new commercial…