Noco Newsletter | February 23, 2023

NoCo Newsletter | February 23, 2023

Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings news of new developments, employment, economic shifts, and more.

REAL ESTATE & BUSINESS NEWS

• Timnath Residents Don't Like What They See in New Development: It Looks a Lot Like Topgolf
• Here’s How Target Plans To Get an Edge on Those Quick Deliveries More Shoppers Crave
• Fort Collins Will Likely Ask Voters for Money in the Fall. Here Are Some Potential Asks.
• Fort Collins Approves $1 Million Contribution to Northern Colorado Regional Airport
• Office Landlord Defaults Are Escalating as Lenders Brace for More Distress
• Agilent Breaks Ground on $725M Expansion in Frederick
• Rent Control Bill Passes First Hurdle in Colorado House
• History Says 6%-Plus Mortgage Rates are Still Too Low

ECONOMIC & EMPLOYMENT NEWS

• Economy Showing Strength in Early 2023 After Last Quarter’s GDP Gain Revised Modestly Lower
• Former Mastercard Executive Ajay Banga Nominated to Lead World Bank
• U.S. Reports Blowout Job Growth; Unemployment Lowest Since 1969
• CPI Report Today Live: Inflation Cooled to 6.4% in January
• Natural-Gas Prices Plunge, and Drillers Dial Back
• U.S. Retail Sales Rebounded Sharply in January
• U.S. Home Sales Fall for 12th Straight Month
• Dow, S&P 500 Open Higher After Selloff

COMMUNITY & OTHER INDUSTRY NEWS

• Client Testimonials
• 2 Colorado Cities in Top 4 'Best Places to Live Rankings
• Cone Zone 2022: A Look at Major Road Construction Projects in Northern Colorado
• Why the I-25 South Gap Project Opened While North I-25 Express Lanes are Still 2 Years Away
• Support Your Local Bold Voice of Business by Contributing to the 12th Annual Moving Fort Collins Forward! Campaign

FEATURED LISTING

NAI Affinity is pleased to present this outstanding interchange development site at the NWC of I-25 and Highway 56 in Berthoud. The site is approximately 51± acres with immediate access to I-25 via the Highway 56 interchange. The adjacency to, and visibility from, I-25 makes this site an ideal location for mixed-use development. Click here to learn more about this opportunity.

See previous newsletters here.

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