NoCo Newsletter | June 27, 2024
Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings recent real estate news, Lauren Larsen earns commercial real estate license in Wyoming, and NAI Affinity is a drop location for Realities for Children Back to School program.
NAI Affinity Announces Lauren Larsen Earns Commercial Real Estate Broker License in Wyoming NAI Affinity is proud to announce that Lauren Larsen, a leading commercial real estate professional, has earned her Responsible Broker License in the State of Wyoming. This achievement marks a significant milestone in Lauren Larsen’s career and expands the scope of services offered to NAI Affinity clients in the region.
NAI Affinity is a drop location for Realties for Children’s Back to School Collection. Now thru July 16th, you can drop off a back pack and/or school supplies at our office at 3665 JFK Pkwy #202, Fort Collins. Every child deserves to feel prepared and confident walking into school. The Back to School Collection by Realities For Children is a program that relies on donations to provide school supplies to local children who have experienced abuse, neglect, or are at risk, enabling them to thrive academically.
REAL ESTATE & BUSINESS NEWS
- Real Estate Shortage: Metro Denver Has More Than 70,000 “Missing Households”
- “Even if population growth in metro Denver came to a screeching halt, the region would still need to add tens of thousands of new homes and apartments to cover a deficit built up after a decade of under construction, according to an analysis from Zillow.” (Denver Post)
- Greeley Leaders Break Ground on Apartment Complex to House Chronically Homeless
- “The planned $27 million StarRise Apartments at 123 Ninth Ave. on the site of the former North Weld Produce Co. will not only house the chronically homeless in one-bedroom units, but it also will provide services to the residents from North Range Behavioral Health, Volunteers of America and more.” (BizWest)
- Home Prices Hit a Record High
- “Home prices rose in May to a new high, with low inventory continuing to spur bidding wars among home buyers in some markets. The national median existing-home price in May was $419,300, a record in data going back to 1999, the National Association of Realtors said Friday. Prices aren’t adjusted for inflation.” (The Wall Street Journal)
- Southern Brunch Chain Makes it’s Colorado Debut This Fall
- “Brunch lovers in Northern Colorado will soon have another egg-cellent restaurant choice. Another Broken Egg Cafe will open its first location in Fort Collins.” (The Denver Post)
- Water Shares Fetched Big Prices at Recent Auction
- “As securing access to water becomes more and more essential, the cost of C-BT shares has increased dramatically over the last few decades. In the early 1990s, the estimated cost of a unit was just over $1,000. Now, that has jumped to over $50,000.” (The Coloradoan)
- Denver Bookstore Tattered Cover Accepts $1.83 Million Sales Bid From Barnes and Noble
- “The Tattered Cover, a beloved Denver institution and nationally known independent bookstore, has accepted a sales offer from Barnes & Noble.” (The Denver Post)
ECONOMIC & EMPLOYMENT NEWS
- Weld, UNC, Johnstown Earn National Awards
- “A handful of Weld County departments, the University of Northern Colorado and the town of Johnstown have won national awards.”(BizWest)
- Efforts to Build an “Airport City” Called Colorado Aerotropolis Are Now Official
- “A group of elected officials and staffers from cities, Adams County, Denver and the airport are elevating their plans to turn undeveloped areas around DIA into a hub for commerce, a magnet for innovative enterprises and an even more powerful economic engine for metro Denver and Colorado.” (The Denver Post)
- Colorado Hospital is No. 4 on Forbes’ Best Employers List
- “Thirteen Colorado employers made it onto Forbes’ list of the best in America, including three located in Fort Collins.” (The Coloradoan)
- May Retail Sales Rise 0.1%, Weaker Than Expected
- “Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation.” (CNBC)
- US Recurring Jobless Claims Rise to Highest Since End of 2021
- “Recurring applications for US jobless benefits rose to the highest level since the end of 2021, a warning sign suggesting that it’s taking longer for unemployed people to find a job.” (Bloomberg)
COMMUNITY & OTHER INDUSTRY NEWS
- Client Testimonials
- Old Town Square No. 4 in USA TODAY 10Best Readers’ Choice Awards Best Public Squares List
- Most Peaceful Place to Live? Fort Collins Tops the List With Outdoor Recreation, Low Noise
- Here Are 15 Road Projects at the Top of Fort Collins’ List for the Next 10 Years.
- Fort Collins Area Chamber of Commerce: Northern Colorado Economic Overview
- Northern Colorado Boasts Nine of Top 20 Fastest-Growing Communities in State
- 2 Colorado Cities in Top 4 ‘Best Places to Live Rankings
- Denver International Airport Ranked No. 6 in Passenger Traffic Worldwide
- Support Your Local Bold Voice of Business by Contributing to the 13th Annual Moving Fort Collins Forward! Campaign
FEATURED LISTING
NAI Affinity is pleased to present this Multi-tenant professional office building available along W. 20th Street in west Greeley in close proximity to restaurants, retail, housing, recreation and public amenities. Building has three tenants in place with one vacant space available on the lower level. Click here to learn more about this opportunity.
See previous newsletters here.
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