NoCo Newsletter | May 30, 2024

NAI Affinity
• 
May 30, 2024

NoCo Newsletter | May 30, 2024

Discover our newest listings, recent happenings in the NoCo CRE community & other industry news. This edition brings news of a new exotic car concept, recent real estate transactions, positive Colorado job growth, and more.

REAL ESTATE & BUSINESS NEWS

  • NAI Affinity Announces Endless Garage Acquires Building at Loveland Yards for Exotic Car Concept with Restaurant
    • "NAI Affinity a leading real estate firm specializing in commercial properties, is pleased to announce their clients purchase of a 25,000+ sq. ft. building at the Loveland Yards. This acquisition marks the beginning of an innovative venture that will redefine the automotive and culinary landscape in the region. The purchased building, located at 5600 McWhinney Blvd, Building E in Loveland will undergo a transformation like no other. Justin Summers of Endless Garage has envisioned a new concept that will seamlessly blend Four distinct yet complementary experiences under one roof." (NAI Affinity)

NAI Affinity's Tom Reznik expertly worked as the buyer's representative for this transaction.

  • Texas Auto Dealer Buys Porsche Fort Collins
    • "John Carroll was 15 years old and working for his father, Ed Carroll, when the family’s dealership sold its first Porsche.  Now, 45 years and about 3,200 transactions later, the dealership has sold its last Porsche under Carroll’s ownership; Porche Fort Collins is now owned by the Houston-based IndiGo Auto Group — IndiGo’s first venture into Colorado." (BizWest)
  • Anheuser-Busch to Invest $15M in Fort Collins Production-Line Improvements
    • "Anheuser-Busch Cos. LLC plans to spend $15.5 million to upgrade its bottling lines at its Fort Collins brewery. The investment will allow the beer giant to shift away from a packed-glass bottling process, which involves secondary packaging materials such as cardboard cases and partitions, toward a bulk-glass process in which bottles are stacked directly onto pallets."(Loveland Reporter-Herald)
  • What's Going on the Old North College Albertsons? URA to Consider Eminent Domain
    • "Once an Albertsons, a 50,000-square-foot building in north Fort Collins is starting its second decade devoid of business. A plan to try and spur redevelopment — possibly into a community center or housing — has been in the works for more than a year. And now, obtaining the land without the owner's consent in order to do that could be on the table" (The Coloradoan)
  • Loveland's Sweet Heart Winery Sells to New Owners
    • "Sweet Heart Winery & Event Center has changed hands, but its master winemaker will continue under the new ownership." (Bizwest)

ECONOMIC & EMPLOYMENT NEWS

COMMUNITY & OTHER INDUSTRY NEWS

FEATURED LISTING

NAI Affinity is pleased to present this prime commercial land development opportunity
located at the NEC of Interstate 25 and Highway 392, in Windsor, CO (“Sites”). These Sites
are located within The Ptarmigan master-planned golf community at the entrance to Windsor
and Fort Collins, CO. This high income ($180K Avg. HH Income) area also benefits from
convenient access via Interstate 25 and Highway 392, two major thoroughfares leading to
surrounding communities such as Fort Collins, Loveland, Johnstown, Timnath and downtown
Windsor. Available Sites are well suited for a variety of uses such as commercial, retail, office,
medical, hospitality and more. Click here to learn more about this opportunity.

Windsor Villages Cover - NoCo Newsletter | May 30, 2024 - NAI Affinity

See previous newsletters here.

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