NoCo Newsletter | January 24, 2019

L & Y Investment, LLC purchases 200 Walnut St. in Old Town Fort Collins (6,934 sf of retail space - end cap unit is available for lease and The Welsh Rabbit Cheese Bistro occupies the other unit).

Momentum Development, purchases 9.644 acres of land in North Loveland (prime multifamily development opportunity).

REAL ESTATE & BUSINESS NEWS

King Soopers still hopes to break ground this year at former Fort Collins Kmart site

Strong Economy Can’t Save Macy’s From Retail Shifts

Sears to Stay Open After Edward Lampert Prevails in Bankruptcy Auction

J.C. Penney Struggles to Avoid Same Fate as Sears

Broomfield's Flatiron Marketplace Lifestyle District redevelopment approved

Apartment Rents Expected to Rise Faster Than Inflation in 2019

German Co-Living Firm to Expand in U.S. With $300 Million Deal

An Overview of the Medical Office Market

ECONOMIC & EMPLOYMENT NEWS

Fed’s Powell Affirms Flexible Rate Outlook

Utah Shows How Labor-Force Growth Fuels Economic Growth

GOVERNMENT & INFRASTRUCTURE

Greeley transportation plan updates to be discussed

Superior to consider moratorium on drilling

Anti-fracking activists sue Colorado over “forced pooling,” promise more challenges

A Breakdown of the Government Shutdown’s Impact on Commercial Real Estate

COMMUNITY & EVENTS

3 chambers of commerce join Northern Colorado economic group

Denver fifth among most popular moving destinations in U.S.

We are a proud sponsor of America's Kids Belong Be Mine Gala on Friday, February 22nd at 5:30pm, at the Sheraton Denver Downtown Hotel. Purchase tickets here.

We are a proud sponsor of Project Self-Sufficiency's Community Luncheon on Tuesday, March 26th from 11:30am to 1pm at Embassy Suites in Loveland.  Reserve your tickets here.