Commercial outlook promising for New Year

Ever since the dotcom bust two years ago, investors have been looking for a safe place to put their money. And commercial real estate is one investment option that has people lining up to get on board.

“Investment property is really hot right now,´ said Peter Kast, a broker associate for Realtec Commercial Real Estate Services Inc. in Fort Collins, which deals in commercial real estate. “They are buying everything in Northern Colorado they can get.”

Out of the major segments in the commercial real estate market — office, retail and industrial — the one doing the best is retail. Kast…