NoCo Newsletter | June 13, 2024

NAI Affinity
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June 13, 2024

NoCo Newsletter | June 13, 2024

Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings recent real estate transactions, Woodward makes Fortune Top 1000 list and other positive economic news.

REAL ESTATE & BUSINESS NEWS

ECONOMIC & EMPLOYMENT NEWS

  • Woodward Cracks Fortune 1000 List
    • "Woodward Inc. (Nasdaq: WWD) made the 2024 Fortune 1000 list of the country’s largest public companies.  The Fort Collins company that designs, manufactures and services energy-conversion and control solutions for the aerospace and industrial equipment markets was 907th in the magazine’s rankings." (BizWest)
  • Sphere Renewables Expands Operations in Fort Lupton, Colorado
    • " Sphere Renewables, a leader in manufacturing and distribution to the renewable energy industry, proudly announced a significant expansion of its operations in Colorado with a ribbon cutting at their new facility in Fort Lupton. The construction of this new 43,000 square foot facility will serve as Sphere Renewables’ U.S. headquarters for its Colorado operations, showcasing the company’s commitment to its mission of reducing costs of energy by improving efficiencies through local manufacturing solutions." (Upstate Colorado)
  • Windsor Tops State in Population Growth
    • "Half of Colorado’s fastest-growing communities with populations of 20,000 or more lie in Northern Colorado, with Windsor topping the list." (Bizwest)
  • Jobless Claims Jump to Highest Level in 10 Months
    • " Initial jobless claims surged by 13,000 — to 242,000 — in the week ending June 8, the Labor Department said Thursday.  That’s the highest level of claims since last August. Economists polled by The Wall Street Journal had estimated new claims would fall to 225,000. " (MarketWatch)
  • Wholesale Prices Unexpectedly Fell 0.2% in May
    • "The producer price index, a gauge of prices that producers get for their goods and services in the open market, declined 0.2% for the month against expectations for a 0.1% increase." (CNBC)
  • Consumer Inflation Continues to Moderate in Denver
    • "Prices rose 2.6% year-over-year in May in the Consumer Price Index for Denver-Aurora-Lakewood. That is below the annual increase of 3.3% measured nationally and down from the 5.1% annual rate seen in May 2023." (Denver Post)

COMMUNITY & OTHER INDUSTRY NEWS

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.

1901 56th Ave Greeley CO Primary Photo 1 Large - NoCo Newsletter | June 13, 2024 - NAI Affinity

See previous newsletters here.

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