Q3 2013 Northern Colorado Commercial Real Estate Snapshot


Northern Colorado Market Key Points

• The Fort Collins-Loveland and Greeley metro market combined to add over 3,500 jobs to the local economy during the past 12 months, led primarily by strong growth in the business and service-providing industries.

• Avago Technologies announced plans to lead a $22 Million expansion of its Fort Collins facility, adding a 138,000 square foot building to its campus where they plan to add 100 new positions within the next several years.

• A significant decrease in
vacancy was seen across all product types over the past year. Average asking rates increased across all product types in the second quarter of 2013.

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