docmarket update data - Realtec Commercial Real Estate
download 
Report Transcription
market update data - Realtec Commercial Real Estate
2012 MARKET UPDATE DATA ALL PHOTOS TAKEN AT THE MARKET UPDATE & OPEN HOUSE ON MARCH 7, 2012, AT 400 E. HORSETOOTH. MORE THAN 300 PEOPLE ATTENDED. OFFICE TO P 5 S A L E S FORT COLLINS 1 315 W. OAK ST. 33,941 SF $3,197,000 $94/SF LOVELAND 1 6125 SKY POND DR. 29,872 SF $8,350,000 $280/SF 1 GREELEY 822 14TH ST. 6,316 SF $792,000 $125/SF 2 314 E. MOUNTAIN AVE. 11,223 SF $2,224,169 $198/SF 2 210 E. 29TH ST. 7,000 SF $875,000 $125/SF 2 2961 W. 29TH ST. 7,132 SF $650,000 $91/SF 3 4900 S. COLLEGE AVE. 10,330 SF $1,843,000 $178/SF 3 1323 HARLOW ST. 6,228 SF $650,000 $104/SF 3 5200 W. 20TH ST. 4,761 SF $503,000 $106/SF 4 4674 SNOW MESA DR., #1 6,515 SF $1,600,000 $246/SF 4 3780 E. 15TH ST., #102 3,143 SF $500,000 $159/SF 4 8205 W. 20TH ST. 4,032 SF $342,700 $85/SF 5 200 S. COLLEGE AVE, #100 6,778 SF $1,350,000 $199/SF 5 4190 N. GARFIELD AVE. 3,450 SF $415,000 $120/SF 5 1221 8TH AVE. 7,675 SF $332,000 $43/SF OFFICE TO P 5 L E A S E S FORT COLLINS 1 2 3 4 5 4401 INNOVATION DR. 2950 E. HARMONY RD. 1 OLD TOWN SQUARE 1600 PROSPECT PKWY. 1501 ACADEMY CT. 64,748 SF 62,944 SF 16,183 SF 15,000 SF 14,500 SF 4 5 1 2 3 1605 FOXTAIL DR. 6125 SKY POND DR. 6125 SKY POND DR. 2695 ROCKY MOUNTAIN AVE. 13,000 SF 12,382 SF 8,108 SF 6,909 SF 5,556 SF LOVELAND 4850 HAHN’S PEAK DR. GREELEY 1 2 3 4 5 5401 W. 10TH ST., 2ND FL. 2900 F ST. 4681 W. 20TH ST. 3459 W. 20TH ST. 4617 W. 20TH ST., #A 5,276 SF 5,453 SF 3,315 SF 3,128 SF 3,047 SF OFFICE A V A I L A B L E O P T I O N S FORT COLLINS LOVELAND GREELEY LEASE SIZE RANGES AVAILABLE OPTIONS AVAILABLE OPTIONS AVAILABLE OPTIONS Under 1,500 SF 95 - - 1,501 - 3,000 SF 3,001 - 5,000 SF 38 52 31 (under 3,000 SF) 10 44 (under 3,000 SF) 25 5,001 - 10,000 SF 10,001+ SF 40 10 5 6 11 16 •All cities show a large number of chocies available in less than 3,000 SF range. Larger spaces are trending to be in short supply. This could be a problem for larger employers needing to expand or desiring to locate in Northern Colorado. •Purchase opportunities remain strong for owner/users. Purchasing power increases with lower interest rates. OFFICE VA CA N CY & RENTAL RATES AVERAGE VACANCY RATES: Fort Collins: 12% Loveland: 8% Greeley:13% FORT COLLINS CLASS A B C AVERAGE ASKING NNN LEASE RATES: Fort Collins: $12.00 Loveland: $13.00 Greeley:$10.50 LOVELAND GREELEY AVERAGE ASKING RATE NNN AVERAGE ASKING RATE NNN AVERAGE ASKING RATE NNN $16.50 $12.00 $11.00 $16.00 $12.00 $10.00 $12.00 $10.00 $8.00 •As vacancies tighten, negotiating power is leveling. •Vacancy rates in Loveland and Fort Collins have trended down in the last few years. Rents are showing signs of rebound, and we expect to see this trend continue. •Strong absorption of Class A office space in Fort Collins and Loveland may lead to a shortage of supply in the near future. •Considerable supply of Class B and C space continues, resulting in many options for tenants. •The Greeley market continues to struggle with absorption of inventory. Consequently, rental rates remain the lowest of the three major Northern Colorado cities. A PA R T M E N T Fort Collins Transactions Units Ave. Unit Price Total Volume Loveland Transactions Units Ave. Unit Price Total Volume Greeley Transactions Units Ave. Unit Price Total Volume TOTAL Transactions Units Ave. Unit Price Total Volume 2006 2007 2008 2009 2010 2011 1058 1257 115 680 398 2007$71,522 $8,225,000 $81,161 2008 $54,626,200 $105,808 2009 $42,111,700 1058 2009 2010 1257 10 14 4 18 11 1263 $69,215 Fort Collins$96,137 $87,418,900 $101,712,875 Transactions 2006Units 2007 5 Ave. Unit Price 3 96 261 Total Volume $40,134 $48,025 $10,475,000Loveland$4,610,400 Transactions 2006 2007 6 5 Units 2006 $59,001 $74,164,000 11 1263 2008 $69,215 1 $96,137 2 $87,418,90012 6 $101,712,875 $41,667 2006 $500,000 5 5 $40,134 735 Total Volume $31,484 $10,475,000 $47,418 $45,177 2006 2007 22 18 Transactions Units 1713 1342 $62,379 $83,638 Ave. Unit Price 2006$33,205,000 2008 6 $47,418 3 $48,025 38 $4,610,400 $29,474 $1,120,000 2007 2009 5 20 189 2009 96 189Ave. Unit Price 188 $8,962,000 Greeley $5,918,900 $83,333 2007 $500,000 3 2008 261 10 188 2004 $53,827 7 153 $31,484 $61,078 Total Volume $8,962,000 $5,918,900 $112,242,175 $107,869,000 $9,345,000 $106,855,900 TOTAL 2006 2007 Transactions 22 18 Units 1713 1342 Ave. Unit Price $62,379 $83,638 Total Volume Settler’s $106,855,900 Creek, $112,242,175 Sale Price: $30,500,000 Price/Unit:$133,188 No. Units: 229 TWO INSTITUTIONAL SALES: Fort Collins 14 14 4 2011 115 11 $59,001 12 $71,522 324 $74,164,000 $166 $8,225,000 $62,503 2008 $30,324,985 1 12 $91,363 2009 $15,166,300 2 2010 2011 6 18 11 $41,667 245 $83,333 149 $500,000 $34,870 $500,000 $29,924 $7,579,100 2008 $4,458,750 2009 5 2010 735 2011 3 47 37 38 1249 713 $45,177 $29,474 $59,898 $33,205,000 $92,530,285 $59,898 $1,120,000 $61,736,750 2008 2009 SALES 2010 2011 18 14 680 398 $81,161 $105,808 •$62 Million in $42,111,700 apartments sold 2010 2011 11 12 in 2011 $54,626,200 324 $166 •Two institutional $15,166,300 Sales: Settler’s Creek 2010 2011 &18The Buttes 11 $62,503 $91,363 $30,324,985 245 149 $34,870 $29,924 for •Outlook: Look $7,579,100 $4,458,750 record price2011per 2010 unit sales in37 2012 47 20 7 2004 153 1249 713 $53,827 $61,078 $59,898 $59,898 $107,869,000 $9,345,000 $92,530,285 $61,736,750 The Buttes, Loveland Sale Price: $12,100,000 Price/Unit:$109,009 No. Units: 111 1040 DRIFTWOOD - FORT COLLINS 2423 27TH ST. - LOVELAND 525 22ND ST. - GREELEY Source: Realtec, CoStar, IRES A PA R T M E N T S VACANCIES 2008 2009 2010 2011 FORT COLLINS 5.7%6.4% 4.8% 4.2% LOVELAND 5.2%6.0%4.3%4.2% GREELEY 6.8%8.0% 5.6% 4.1% • Record low vacancy in all markets • Look to see vacancy stay low for 2012 4.2% 4.2% 4.1% 2011 4.8% 4.3% 2010 5.6% 6.4% 6.0% 2009 5.7% 5.2% 2008 Fort Collins Loveland 8.0% 6.8% Greeley Source: Colorado Division of Housing A PA R T M E N T S RENTS 2007 • • • 2008 2009 2010 2011 FORT COLLINS $743$777 $816 $867$911 LOVELAND $854$843$813$913$970 GREELEY $618 $638 $638 $643$664 Rents are continuing to increase in all markets Landlords are able to pick from multiple applicants Lots of new units coming to market should help with demand $664 2011 $970 $911 $643 2010 $913 $867 $638 2009 $638 2008 $813 $816 $843 $777 Greeley $618 2007 $743 Greeley Loveland $854 Loveland Fort Collins Source: Colorado Division of Housing Fort Collins A PA R T M E N T S C U R R E N T L I S T I N G S GREELEY LOVELAND FORT COLLINS INDUSTRIAL TO P 5 S A L E S 1 2 3 3842 REDMAN DR. $9,050,000 ($56.00/SF) 3900 CANAL DR. $1,900,000 ($33.31/SF) 2508 ZURICH DR. $706,360 ($51.63/SF) 517 N. LINK LANE $396,000 ($44.00/SF) 335 S. SUMMIT VIEW DR. $382,000 ($70.95/SF) 161,600 SF 57,044 SF 13,680 SF 9,000 SF 5,384 SF 1 2 815 14TH ST., BLDG A,C & D $5,000,000 ($6.16/SF) 1303, 1511 & 1531 E. 11TH ST. $4,726,000 ($58.07/SF) 999 N. VAN BUREN AVE. $2,129,800 ($39.42/SF) 240 BARBERRY PLACE $1,055,000 ($41.61/SF) 6766 E. CR 18 $825,000 ($35.94/SF) 677,000 SF 81,378 SF 54,024 SF 25,354 SF 22,953 SF 1 2 2435 2ND AVE. $1,500,000 (86.96/SF) 925 11TH AVE. $1,200,000 ($71.38/SF) 2600 2ND AVE. $850,000 ($32.99/SF) 152 30TH ST. $800,000 ($33.14/SF) 1403 1ST AVE. $750,000 ($54.90/SF) 17,250 SF 16,812 SF 25,767 SF 24,141 SF 13,660 SF 3 3 4 4 4 5 5 5 INDUSTRIAL TO P 5 L E A S E S FORT COLLINS 1 1730 EAST PROSPECT RD. ADVANCED ENERGY 34,802 SF 4 3800 WEICKER DR. FEDERAL EXPRESS 2028 SE FRONTAGE RD. LIMAGRAIN 25,000 SF 14,280 SF 2 5 1133 RIVERSIDE AVE. PROFESSIONAL DOCUMENT MANAGEMENT 9,600 SF 3 4 5 1040 MADISON AVE. BILLET TEC, LLC 1510 E. 11TH ST. PREMIER GYMNASTICS 3680 DRAFT HORSE CT. REXEL 1072 MADISON AVE. THE ARTISAN SHOP 6771 E. 45TH ST. PRECISION, INC. 25,500 SF 20,000 SF 20,000 SF 15,000 SF 14,080 SF N. Madison Ave. LOVELAND 5001 S. COLLEGE AVE. PROFESSIONAL DOCUMENT MANAGEMENT 3 25,786 SF 1 1 GREELEY 2 2 3 4 5 401 17TH ST. GUY METALS 2234 117TH AVE. NATURAL PET SPECIALTIES 1403 1ST AVE. NORTHLAND PROCESS PIPING 2350 E. 8TH RELIANCE 306 N. 8TH AVE. SELECT ENERGY 32,600 SF 18,450 SF 13,660 SF 10,000 SF 9,500 SF GREELEY LOVELAND FORT COLLINS INDUSTRIAL V A C A N C I E S # LISTINGS SIZE RANGE TOTAL AVAILABLE SF AVERAGE $/SF NNN 10 12 10 9 10 19,200 SF 42,276 SF 78,431 SF 121,895 SF 422,084 SF $5.62/SF $5.82/SF $4.81/SF $5.67/SF $5.80/SF 683,886 SF $5.55/SF 0 - 2,500 SF 2,501 - 5,000 SF 5,001 - 10,000 SF 10,001 - 20,000 SF 20,001 - Larger SF 51 The Industrial Market for 2012 is off to a strong start in Fort Collins. There is excellent demand for all industrial properties, with highest 10,000 SF or less. This trend will cause lease rates to increase as absorption of product continues in 2012. 7.492% vacancy based on Co-Star’s Estimated Market size = 9,128,360 SF # LISTINGS SIZE RANGE TOTAL AVAILABLE SF AVERAGE $/SF NNN 14 3 15 11 5 25,908 SF 10,431 SF 107,464 SF 148,537 SF 167,436 SF $5.37/SF $9.76/SF $6.65/SF $6.26/SF $6.12/SF 459,776 SF $6.33/SF 0- 2,500 SF 2,501 - 5,000 SF 5,001 - 10,000 SF 10,001 - 20,000 SF 20,001 - Larger SF 48 The industrial market continues to be Loveland’s strongest sector. We are seeing good absorption in spaces 10,000 SF and larger with a corresponding upward pressure on lease rates. Spaces below 3,000 SF continue to face tough competition for tenants and incentives still rule the day. 8.063% vacancy based on Co-Star’s Estimated Market size = 5,702,500 SF # LISTINGS SIZE RANGE TOTAL AVAILABLE SF AVERAGE $/SF NNN 4 2 2 2 4 6,465 SF 7,465 SF 14,004 SF 28,683 SF 140,163 SF $6.15/SF $6.15/SF $5.48/SF $7.13/SF $5.25/SF 196,780 SF $5.94/SF 14 0- 2,500 SF 2,501 - 5,000 SF 5,001 - 10,000 SF 10,001 - 20,000 SF 20,001 - Larger SF The industrial market continues to be Greeley’s strongest segment. Demand is high and functional supply is low. Lease rates are rising to the point to support new construction. 4.104% vacancy based on Co-Star’s Estimated Market size = 4,794,656 SF GREELEY / WINDSOR LOVELAND FORT COLLINS R E TA I L VACANCIES # LISTINGS SIZE RANGE TOTAL AVAILABLE SF TOTAL VACANT VACANCY % 109 0 - 2,500 SF 622,589 SF 490,436 SF 4.44% 75 2,501 - 5,000 SF 583,736 SF 453,608 SF 4.10% 39 5,001 - 10,000 SF 367,440 SF 264,328 SF 2.39% 16 10,001+ SF 476,918 SF 333,940 SF 3.02% 239 1,166,983 SF 832,663 7.53% Total Market Size = 11,057,008 SF VACANCY RATE = # LISTINGS SIZE RANGE TOTAL AVAILABLE SF TOTAL VACANT VACANCY % 42 0 - 2,500 SF 189,224 SF 147,239 SF 2.47% 27 10 2,501 - 5,000 SF 170,153 SF 5,001 - 10,000 SF 89,826 SF 141,553 SF 80,826 SF 2.38% 1.36% 4 10,001+ SF 97,796 SF 71,182 SF 1.20% 83 444,881 SF 282,837 SF 4.75% Total Market Size = 5,955,839 SF VACANCY RATE = LEASE RATE = LEASE RATE = # LISTINGS SIZE RANGE TOTAL AVAILABLE SF TOTAL VACANT VACANCY % 26 34 0 - 2,500 SF 2,501 - 5,000 SF 42,236 SF 118,681 SF 35,782 SF 99,101 SF 0.60% 1.66% 40 25 5,001 - 10,000 SF 283,759 SF 10,001+ SF 679,347 SF 228,537 SF 486,677 SF 3.84% 8.18% 623,200 SF 10.47% 125 1,124,023 SF Total Market Size = 5,952,240 SF VACANCY RATE = LEASE RATE = R E TA I L TO P 5 S A L E S 2 3 4 5 4709 & 4733 S. TIMBERLINE RD. $3,800,000 ($193.20/SF) 221 E. TROUTMAN $1,645,000 ($167.46/SF) 4306 S. COLLEGE AVE. $1,450,000 ($308.51/SF) 4235 S. COLLEGE AVE. $1,280,000 ($216.36/SF) 1100 W. DRAKE RD. $1,100,000 ($146.24/SF) 19,668 SF 9,823 SF 4,700 SF 5,916 SF 7,522 SF 1 2 2033 W. EISENHOWER BLVD. $1,260,000 ($210.00/SF) 1604 N. LINCOLN AVE. $800,000 ($24.53/SF) 639 CLEVELAND AVE. $775,000 ($163.54/SF) 1451 BOISE AVE. $513,500 ($163.54/SF) 240 BARBERRY $1,055,000 ($41.61/SF) 6,000 SF 32,615 SF 5,695 SF 3,140 SF 25,354 SF 1 2 1990 59TH AVENUE $2,000,000 ($73.51/SF) 1525 MAIN ST., WINDSOR $2,000,000 ($88.17/SF) 1015 CHAMPION DR., WINDSOR $1,835,000 ($98.05/SF) 8235 W. 20TH ST. $1,760,000 ($186.09/SF) 1130 MAIN ST., WINDSOR $1,540,000 ($194.03/SF) 27,206 SF 22,684 SF 218,714 SF 9,458 SF 7,937 SF 3 4 5 GREELEY LOVELAND FORT COLLINS 1 3 4 5 R E TA I L TO P 5 L E A S E S FORT COLLINS 1 2 3 4 5 MID TOWN COMMONS HARMONY SCHOOL SHOPS 145 E. MOUNTAIN AVE. THE PAVILLION 819 E. MULBERRY 25,000 SF 13,999 SF 10,216 SF 8,355 SF 5,760 SF 1 2 3 4 5 516 LINCOLN AVE. 1505 ROCKY MOUNTAIN AVE. 3033 GARFIELD AVE. 136 W. 4TH ST. 7,106 SF 6,000 SF 5,576 SF 4,509 SF 4,506 SF LOVELAND 6100 E. CROSSROADS BLVD. GREELEY 1 2 3 4 5 2100-2118 35TH AVE. 2939 65TH AVENUE 4524 CENTERPLACE DR. 1550 MAIN ST., WINDSOR 2855 35TH AVENUE 6,915 SF 4,434 SF 3,628 SF 3,000 SF 3,000 SF RETAIL VA CA N C Y & RENTAL RAT ES Vacancy & Rental Rates FORT COLLINS 9.0% IMPROVED TO 7.53% Vacancy & Rental Rates Vacancy Rental Rate LOVELAND 6.13% IMPROVED TO This copyrighted report contains research licensed to Realtec Commercial Real Estate Services - 394017. 4.75% Vacancy & Rental Rates GREELEY / WINDSOR Vacancy Rental Rate This copyrighted report contains research licensed to Realtec Commercial Real Estate Services - 394017. 11.46% IMPROVED TO 10.47% Vacancy Rental Rate This copyrighted report contains research licensed to Realtec Commercial Real Estate Services - 394017. 2011 Realtec is #1 in THREE categories! 48 | Northern Colorado Business Report www.ncbr.com | Jan. 13-19, 2012 Book of Lists Originally published July 29, 2011. Largest Industrial Real Estate Brokerages Ranked by total industrial square footage brokered COMPANY ADDRESS PREV RANK PHONE/FAX RANK 1 2 2 1 3 NR 4 4 5 3 6 5 7 6 NO. AGENTS E-MAIL WEB SITE PERSON IN CHARGE YEAR FOUNDED NO. LOCATIONS 438,593 39 realtec@realtec.com www.realtec.com Steve Stansfield, President 1989 4 348,623 111,477 15 steve.kawulok@svn.com www.svncolo.com Steve Kawulok, Managing director 2008 1 91,756 49,879 41,877 2 kevin.brinkman@brinkmanpartners.com www.brinkmanpartners.com Paul E. Brinkman Kevin Brinkman, Principals 2005 N/A LOVELAND COMMERCIAL LLC 1043 Eagle Drive Loveland, CO 80537 970-667-7000/970-635-2514 90,483 30,782 59,701 5 nklein@lovelandcommercial.com www.lovelandcommercial.com Eric Holsapple, Partner Blaine Rappe, Partner / Managing broker 1995 1 MARCUS & MILLICHAP 3711 JFK Parkway, Suite 320 Fort Collins, CO 80525 970-267-3300/970-267-3310 79,346 0 79,346 2 jamie.newland@marcusmillichap.com www.marcusmillichap.com Michael Hoffman, Regional manager 1995 1 THE W.W. REYNOLDS COS. 1600 Specht Point Road, Suite 123 Fort Collins, CO 80525 970-482-4800/970-221-5009 39,540 39,540 0 2 johns@wwreynolds.com www.wwreynolds.com John G. Slack, Asset manager / Property manager 1980 2 1,580 1,580 0 6 jcrawford@frii.net www.realestateactionbrokers.com Jerry Crawford, Managing broker 2004 2 INDUSTRIAL SQ FT TOTAL 2010 INDUSTRIAL SQ FT LEASED 2010 INDUSTRIAL SQ FT SOLD 2010 REALTEC COMMERCIAL REAL ESTATE SERVICES INC. 255 E. Monroe, No. 4 Fort Collins, CO 80525 970-229-9900/970-488-1532 966,258 527,665 SPERRY VAN NESS/THE GROUP COMMERCIAL LLC 2020 Caribou Drive, Suite 201 Fort Collins, CO 80525 970-207-0700/970-282-0785 460,100 BRINKMAN PARTNERS LLC 3003 E. Harmony Road, Suite 300 Fort Collins, CO 80528 970-206-4500/970-206-1011 RE/MAX ACTION BROKERS 4102 S. Timberline Road Fort Collins, CO 80525 970-229-9200/970-229-9230 Region surveyed includes Larimer and Weld counties, and the city of Brighton. N/A - Not Available. NR - Not previously ranked. Keller Williams Realty of Northern Colorado and Everitt-MacMillan Commercial did not respond in time to be included on the list. Based upon responses to Business Report survey researched by Ross Manley To be considered for future lists, e-mail research@ncbr.com Originally published Oct. 21, 2011. Largest Apartment Complexes Ranked by number of units RANK APARTMENT NAME PREV ADDRESS RANK PHONE/FAX 1 1 2 NR 3 2 4 3 5 4 6 5 7 6 8 7 9 8 10 NR 11 NR NO. UNITS SQ. FT. UNIT RANGE NO. BUILDINGS IN COMPLEX TOTAL COMPLEX ACREAGE RATES MONTHLY PETS ALLOWED AMENITIES PROPERTY MANAGER OWNERSHIP YEAR BUILT WEB SITE COMPANY E-MAIL ASPEN LEAF APARTMENTS 3501 Stover St. Fort Collins, CO 80525 970-226-5477/970-226-5503 345 626-840 15 17.39 acres $675-$780 Yes Private balconies, storage, furnished available, cats welcome, basketball/tennis courts, sand volleyball, pool, laundry facilities, bus/public transportation, central air and heat. Barbara Nielsen Gould and Co. 1978 aspenleafapts@yahoo.com THE PINES AT SOUTHMOOR 2162 W. 30th St. Greeley, CO 80631 970-356-4059/970-356-5113 342 450-710 27 30% of monthly income No Onsite maintenance, laundry, courtesy patrol, playground, clubhouse, picnic area, swimming pool. Laurie Magnuson Monarch Investment and Management Group 1973 www.thepinesatsouthmoor.com psmanager@monarchinvestment.com RIVER GLENN APARTMENTS 2736 Raintree Drive Fort Collins, CO 80526 970-226-4980/970-226-4667 300 600-950 22 16 acres $695-$855 Yes Outdoor pool, hot tub, fireplace, built-in table and entertainment center, laundry, W/D available. Stephanie Ham Collins West Apartments Colorado LLC 1986 www.riverglennapts.com riverglenn@griffisblessing.com GOVERNOR'S PARK APARTMENTS 700 E. Drake Road, No. H2 Fort Collins, CO 80525 970-493-3030/866-875-0119 291 400-890 20 $700-$1000 Yes Large closets, W/D, resident events, transfer & homeplanner programs, pool, sauna, fitness center, playground. Christy McCutchen JRK Residential Group 1982 www.liveatgovernorspark.com governsparkmgr@jrkresidential.com COUNTRY CLUB WEST APARTMENTS 1001 50th Ave. Greeley, CO 80634 970-356-3830/970-356-1388 288 620-1120 18 19 acres $599-$869 Yes Pool and hot tub, fitness center, computer lounge, washer/ dryer in every unit. Carrie Westhoff Vintage Corp. 1986 vintage-corp.com countryclubwest@vintage-corp.com THE VILLAGES AT CUNNINGHAM CORNER 3436 S. Shields St. Fort Collins, CO 80526 970-282-8000/N/A 284 595-1078 22 $649-$899 Yes Top-grade appliances, high-speed Internet available, W/D hookup, close to shopping and CSU, playground, pool, spa, fitness center, public transportation, covered parking. RLS Management Co. 1996 www.rlsonline.com info@rlsonline.com RAMBLEWOOD APARTMENTS 155 Briarwood Road Fort Collins, CO 80521 970-484-5559/970-490-1612 281 395-900 32 22 acres $660-$830 Yes Full kitchen, storage, computer lab, outdoor pool, private shuttle to CSU, bus/public transportation, business & fitness centers, laundry, all utilities paid. Alisha Classi Gold Crown Management 1974 www.ramblewoodapartmenthomes.com rwmanager@monarchinvestment.com ARGYLE AT WILLOW SPRINGS 2002 Battlecreek Drive Fort Collins, CO 80528 970-229-1882/970-229-0086 280 685-1373 15 $880-$1370 Yes CRESCENT COVE APARTMENTS 2500 Crescent Cove Drive Evans, CO 80620 970-339-3834/979-330-8505 264 600-1328 18 $600-$900 Yes Free expanded cable, garages available, 24-hour gym, fitness center, hot tub, pool, A/C, playground. Tammy Morrison M. Timm Development 1998 www.mtimm.com Mgr-CC@mtimm.com NEW COLONY APARTMENTS 1917 S. Shields St. Fort Collins, CO 80526 970-484-7754/N/A 253 550-1500 33 25 acres $590-$1100 Yes 1, 2 & 3 bedroom ranch styles, private patios, laundry facilities, fitness center, indoor hot tub & sauna, swimming pool, close to CSU, adjacent to Rolland Moore Park. Carrie Gillis New Colony Ltd. www.newcolony.com nucolony@frii.com COURTNEY PARK APARTMENTS 4470 S. Lemay Ave. Fort Collins, CO 80525 970-223-3898/970-223-5493 248 620-1120 13 14 acres $875 - $1200 Yes 1 & 2 bedrooms, W/D in each home, business center with highspeed Internet access poolside, fitness center, faux stainless appliances, cozy fireplace. Kelly Sexton Aimco 1987 www.courtneyparkapthomes.com courtneyparkmgr@jrkresidential.com LONGMEADOW APARTMENTS 245 Short-term & furnished apartments available, fitness center, Melissa Beebe business center, pool, spa, private detached garages available, Countryside Asset Management easy access to I-25. 1999 www.argyle-willowsprings.com argyle@argyle-willowsprings.com Book of Lists Jan. 13-19, 2012 | www.businessreportdaily.com Northern Colorado Business Report | 49 Originally published July 29, 2011. Largest Office Real Estate Brokerages Ranked by total office square footage brokered Largest Office Real Estate Brokerages Book of Lists Jan. 13-19, 2012 | www.businessreportdaily.com Northern Colorado Business Report | 49 Originally published July 29, 2011. Ranked by total office square footage brokered RANK 1 RANK COMPANY ADDRESS PREV RANK OFFICE PHONE/OFFICE FAX PREV2RANK 1 2 2 1 2 3 1 4 3 4 4 NR 4 5 NR 6 5 6 6 5 6 7 5 7 7 8 7 8 OFFICE SQ FT TOTAL 2010 OFFICE SQ FT LEASED 2010 OFFICE SQ FT SOLD 2010 NO. AGENTS E-MAIL WEB SITE PERSON IN CHARGE YEAR FOUNDED NO. LOCATIONS REALTEC COMMERCIAL REAL ESTATE SERVICES INC. COMPANY 255 E. Monroe, No. 4 ADDRESS Fort Collins, CO 80525 FAX OFFICE PHONE/OFFICE 970-229-9900/970-488-1532 510,503 OFFICE SQ FT TOTAL 2010 349,140 OFFICE SQ FT LEASED 2010 161,363 OFFICE SQ FT SOLD 2010 NO. AGENTS 39 E-MAIL realtec@realtec.com WEB SITE www.realtec.com PERSON IN CHARGE Steve Stansfield, President YEAR 1989 FOUNDED NO. LOCATIONS 4 REALTEC COMMERCIAL REAL ESTATE SERVICES INC. 255 E. Monroe, No. 4 SPERRY VAN NESS/THE GROUP COMMERCIAL LLC Fort 80525 2020Collins, CaribouCODrive, Suite 201 970-229-9900/970-488-1532 Fort Collins, CO 80525 970-207-0700/970-282-0785 510,503 213,586 349,140 109,252 161,363 104,334 39 realtec@realtec.com 15 www.realtec.com steve.kawulok@svn.com www.svncolo.com Steve Stansfield, President Steve Kawulok, 1989 Managing director 4 2008 1 SPERRY VAN NESS/THE GROUP COMMERCIAL LLC 2020 Caribou Drive, Suite 201 THE Collins, W.W. REYNOLDS COS. Fort 80525 1600 Specht CO Point Road, Suite 123 970-207-0700/970-282-0785 Fort Collins, CO 80525 970-482-4800/970-221-5009 213,586 77,923 109,252 77,923 104,334 0 15 steve.kawulok@svn.com 2 www.svncolo.com johns@wwreynolds.com www.wwreynolds.com Steve Kawulok, Managing director John G. Slack, Asset manager / 2008 Property 1manager 1980 2 THE W.W. REYNOLDS COS. 1600 Specht PARTNERS Point Road, LLC Suite 123 BRINKMAN Fort CO 80525 3003Collins, E. Harmony Road, Suite 300 970-482-4800/970-221-5009 Fort Collins, CO 80528 970-206-4500/970-206-1011 77,923 70,075 77,923 50,692 0 19,383 2 johns@wwreynolds.com 2 www.wwreynolds.com kevin.brinkman@brinkmanpartners.com www.brinkmanpartners.com John G. Slack, Asset manager / Property manager Paul E.1980 Brinkman Kevin Brinkman, 2 Principals 2005 N/A BRINKMAN PARTNERS LLC 3003 E. Harmony Road, Suite&300 LIVINGSTON REAL ESTATE DEVELOPMENT Fort Collins, CO 80528 736 Whalers Way, Bldg. G, Suite 201 970-206-4500/970-206-1011 Fort Collins, CO 80525 970-266-0333/970-204-0350 70,075 52,900 50,692 32,900 19,383 20,000 2 kevin.brinkman@brinkmanpartners.com 1 www.brinkmanpartners.com tom@tomlrd.com tomlrd.com Paul E. Brinkman Kevin Brinkman, Principals Thomas Clark 2005Livingston, President, Owner N/A 2005 1 LIVINGSTON REAL ESTATE & DEVELOPMENT 736 Whalers Way, Bldg. G, Suite 201 RE/MAX ACTION BROKERS Fort CO 80525 4102 Collins, S. Timberline Road 970-266-0333/970-204-0350 Fort Collins, CO 80525 970-229-9200/970-229-9230 52,900 26,480 32,900 18,480 20,000 8,000 1 tom@tomlrd.com 6 tomlrd.com jcrawford@frii.net www.realestateactionbrokers.com Thomas Clark Livingston, Owner JerryPresident, Crawford, 2005 Managing broker 1 2004 2 RE/MAX ACTION BROKERS 4102 S. Timberline Road LLC LOVELAND COMMERCIAL Fort CO 80525 1043 Collins, Eagle Drive 970-229-9200/970-229-9230 Loveland, CO 80537 970-667-7000/970-635-2514 26,480 20,329 18,480 20,329 8,000 0 6 jcrawford@frii.net 5 www.realestateactionbrokers.com nklein@lovelandcommercial.com www.lovelandcommercial.com Jerry Crawford, Managing broker Partner Eric Holsapple, 2004 Partner / Blaine Rappe, 2 broker Managing 1995 1 LOVELAND COMMERCIAL LLC 1043 Eagle&Drive MARCUS Loveland, COMILLICHAP 80537 3711 JFK Parkway, Suite 320 970-667-7000/970-635-2514 Fort Collins, CO 80525 970-267-3300/970-267-3310 20,329 5,133 20,329 0 0 5,133 5 nklein@lovelandcommercial.com 2 www.lovelandcommercial.com jamie.newland@marcusmillichap.com www.marcusmillichap.com Eric Holsapple, Partner Blaine Rappe, Partner / Managing broker Michael Hoffman, Regional 1995 manager 1 1995 1 5,133 0 5,133 Based upon responses to Business Report Michael survey researched Ross Manley Hoffman,byRegional 2 To be considered for future lists, e-mail research@ncbr.com manager jamie.newland@marcusmillichap.com 1995 www.marcusmillichap.com 1 Region surveyed includes Larimer and Weld&counties and the city of Brighton. MARCUS MILLICHAP N/A - Not Available. 3711 JFK Parkway, Suite 320 NR - Not Previously Ranked. Fort 80525 Everitt-MacMillan Commercial did notCollins, respondCO in time to be included on this list. 8 8 970-267-3300/970-267-3310 Region surveyed includes Larimer and Weld counties and the city of Brighton. N/A - Not Available. NR - Not Previously Ranked. Everitt-MacMillan Commercial did not respond in time to be included on this list. Based upon responses to Business Report survey researched by Ross Manley To be considered for future lists, e-mail research@ncbr.com Thinking about making a move? Before you do Largest Commercial Real Estate ASKBrokerages THE RIGHT QUESTIONS Before you do Ranked by total $ volume brokered in 2010 www.ncbr.com | Jan. 13-19, 2012 Thinking about making a move? 56 | Northern Colorado Business Report Book of Lists Originally published July 29, 2011. 56 | Northern Colorado Business Report www.ncbr.com | Jan. 13-19, 2012 Book of Lists Originally published July 29, 2011. Largest Commercial Real Estate ASKBrokerages THE RIGHT QUESTIONS Ranked by total $ volume brokered in 2010 “Could We Save Money If We Move Our Business?” INDUSTRIAL SQ. COMPANY ADDRESS PHONE/FAX TOTAL $ VOLUME BROKERED 2010 NO. OF SIDES SOLD 2010 RANK 1 REALTEC COMMERCIAL REAL ESTATE SERVICES INC. COMPANY 255 E. Monroe, No. 4 ADDRESS Fort Collins, CO 80525 PHONE/FAX 970-229-9900/970-488-1532 TOTAL $ VOLUME BROKERED 2010 NO. $101,492,062 OF SIDES 95 SOLD 2010 1 2 REALTEC COMMERCIAL REAL ESTATE SERVICES INC. 255 E. Monroe, No. 4 SPERRY VAN NESS/THE GROUP COMMERCIAL LLC Fort 80525 2020Collins, CaribouCODrive, Suite 201 970-229-9900/970-488-1532 Fort Collins, CO 80525 970-207-0700/970-282-0785 $101,492,062 95 $57,399,985 87 2 3 SPERRY VAN NESS/THE GROUP COMMERCIAL LLC 2020 CaribouCOMMERCIAL Drive, Suite 201 LOVELAND LLC Fort CO 80525 1043 Collins, Eagle Drive 970-207-0700/970-282-0785 Loveland, CO 80537 970-667-7000/970-635-2514 $57,399,985 87 $9,139,537 N/A 3 4 LOVELAND COMMERCIAL LLC 1043 EagleACTION Drive BROKERS RE/MAX Loveland, CO 80537Road 4102 S. Timberline 970-667-7000/970-635-2514 Fort Collins, CO 80525 970-229-9200/970-229-9230 $9,139,537 N/A $6,750,275 N/A 4 5 RE/MAX ACTION BROKERS 4102 S. Timberline Road MARCUS & MILLICHAP Fort Collins, CO 80525 3711 JFK Parkway, Suite 320 970-229-9200/970-229-9230 Fort Collins, CO 80525 970-267-3300/970-267-3310 $6,750,275 N/A $6,216,361 N/A 6 jcrawford@frii.net 2 www.realestateactionbrokers.com jamie.newland@marcusmillichap.com www.marcusmillichap.com 18,480 8,000 N/A N/A 1,580 0 N/A N/A 3,100 0 N/A 790,573 0 $0 N/A N/A Jerry Crawford Managing broker Michael Hoffman 2004 Regional manager 2 1995 1 5 6 MARCUS & MILLICHAP 3711 JFK Parkway, Suite CORP. 320 HARRISON RESOURCE Fort CO 80525Ave., Suite 400 2725Collins, Rocky Mountain 970-267-3300/970-267-3310 Loveland, CO 80538 970-612-4100/970-612-4106 $6,216,361 N/A $5,500,000 N/A 2 jamie.newland@marcusmillichap.com 1 www.marcusmillichap.com craig@harrisonresource.com www.harrisonresource.com N/A N/A N/A N/A N/A N/A N/A N/A N/A 790,573 N/A N/A N/A N/A 10,640 $5,500,000 Michael Hoffman Regional manager Craig Harrison 1995 President 1 1985 1 6 7 HARRISON RESOURCE CORP. 2725 Rocky Mountain Ave., Suite 400 LIVINGSTON REAL ESTATE & DEVELOPMENT Loveland, COWay, 80538 736 Whalers Bldg. G, Suite 201 970-612-4100/970-612-4106 Fort Collins, CO 80525 970-266-0333/970-204-0350 $5,500,000 N/A $5,485,785 2 1 craig@harrisonresource.com 1 www.harrisonresource.com tom@tomlrd.com tomlrd.com 7 8 LIVINGSTON REAL ESTATE & DEVELOPMENT 736 Whalers Way, Bldg. G, Suite 201 INVESTORS PROPERTIES OF COLORADO LLC Fort CO 80525 2850Collins, McClelland Drive, Suite 1600 970-266-0333/970-204-0350 Fort Collins, CO 80525 970-226-2600/970-226-2609 $5,485,785 2 $1,343,791 N/A 1 tom@tomlrd.com 2 tomlrd.com mark@investors-usa.com www.investors-usa.com $1,343,791 N/A 2 mark@investors-usa.com www.investors-usa.com RANK Region surveyed includes Larimer and WeldOF counties, and theLLC city of Brighton. INVESTORS PROPERTIES COLORADO N/A-Not Available. 2850reporting McClelland Drive, Suite 1600collectively. Realtec numbers include all four offices Fort Collins, 80525 Chrisland Commercial Real CO Estate Inc. declined to provide figures. 970-226-2600/970-226-2609 Keller Williams Realty Inc. and Re/Max Alliance did not respond in time to be included on this list. 8 Region surveyed includes Larimer and Weld counties, and the city of Brighton. N/A-Not Available. Realtec numbers reporting include all four offices collectively. Chrisland Commercial Real Estate Inc. declined to provide figures. Keller Williams Realty Inc. and Re/Max Alliance did not respond in time to be included on this list. NO. AGENTS E-MAIL WEB SITE OFFICE SQ. FT. LEASED FT. LEASED 2010 2010 INDUSTRIAL SQ. "Is There A Save Better Location OFFICE SQ. FT.Money SOLD2010 “Could We IfFT. SOLD 2010 For Our Business?" We Move Our Business?” INDUSTRIAL SQ. 27 NO. AGENTS OFFICE SQ. FT. LEASED FT. LEASED 349,140 527,6652010 realtec@realtec.com E-MAIL " Does Our Office 2010 ConveyINDUSTRIAL SQ. 161,363 A Better Location www.realtec.com WEB SITE "Is There OFFICE SQ. FT. SOLD2010 FT. 438,593 SOLD 2010 the Our Image We Want for For Business?" Our Business?" 27 349,140 Convey 527,665 realtec@realtec.com " Does Our Office 15 161,363 438,593 109,252 348,623 www.realtec.com "Is Our Current Space a Good steve.kawulok@svn.com 104,334 for 111,477 the Image We Want www.svncolo.com Fit For Our Business Today Our Business?" & In the Future?" 15 109,252 348,623 "Is Our Current Space a Good steve.kawulok@svn.com 5 104,334 111,477 20,329 30,782 "Should Our Business Be Leasing www.svncolo.com nklein@lovelandcommercial.com Fit For Our Business Today 0 59,701 www.lovelandcommercial.com or Consider Purchasing Space" & In the Future?" 5 20,329 30,782 "Should Our Business Be Leasing nklein@lovelandcommercial.com 6 0 59,701 18,480 www.lovelandcommercial.com or Consider Purchasing Space" 1,580 jcrawford@frii.net 8,000 0 www.realestateactionbrokers.com RETAIL SQ. FT. TOTAL ACRES LEASED 2010 BROKERED 2010 PERSON IN CHARGE RETAIL SQ. FT. BROKERED ACRES $ YEAR FOUNDED SOLD 2010 VALUE 2010 NO. LOCATIONS RETAIL SQ. FT. TOTAL ACRES Steve Stansfield LEASED 2010 BROKERED 2010 PERSON IN CHARGE 199,680 39 ACRES President RETAIL SQ. FT. BROKERED $ YEAR FOUNDED 94,109 $4,016,643 1989 SOLD 2010 VALUE 2010 NO. LOCATIONS 4 199,680 94,109 183,524 145,486 39 $4,016,643 34 $3,446,715 183,524 145,486 23,985 0 34 $3,446,715 12 $4,447,320 Steve Stansfield President Steve Kawulok 1989director Managing 4 2008 1 Eric Holsapple Steve Kawulok Blaine Rappe Managing director Partner 2008 Partner / 1Managing broker 1995 Eric Holsapple 1 Blaine Rappe Partner Jerry Crawford Partner / Managing Managing broker broker 2004 1995 21 Tom Livingston 12 $4,447,320 Tom Livingston 0 $0 23,985 0 3,100 0 ANSWERS I can help you with the ANSWERS I can help you with the Commercial Real Estate Services Tom@ TomLRD.com www.TomLRD.com N/A N/A N/A 10,640 N/A 32,900 20,000 N/A N/A N/A N/A 2,500 N/A $5,500,000 N/A N/A Craig Harrison Thomas Clark President Livingston 1985 President, 1 Owner 2005 1 32,900 20,000 N/A N/A N/A N/A N/A N/A 2,500 N/A 25,012 N/A N/A N/A N/A N/A Thomas Clark Livingston Mark Lockwood President, Owner Principal 2005broker 2005 1 1 N/A N/A N/A N/A 970-266-0333 970-266-0333 Commercial Real Estate Services Tom@ TomLRD.com www.TomLRD.com Based upon responses to Business Report survey researched by Ross Manley Mark Lockwood future lists, e-mail research@ncbr.com 25,012To be considered for N/A Principal broker N/A N/A 2005 1 Based upon responses to Business Report survey researched by Ross Manley To be considered for future lists, e-mail research@ncbr.com Business Report Subscribe to the Business Report Subscribe to the Newspaper, Book of Lists, Directories, Special Publications. All delivered for one low price. Dear Steve,March 7, 2012 Congratulations! Your firm’s outstanding performance during 2011 has qualified Realtec Commercial Real Estate Services as a CoStar Power Broker Award winner for Top Top Leasing Firms Firm in the Denver market. Realtec Commercial Real Estate Services’s winning performance is based on overall Top Leasing Firms transaction volume for 2011 as reported to CoStar and measured against all the commercial real estate brokerage firms active in your region. As the largest research organization serving commercial real estate, CoStar is pleased to independently confirm and recognize the most active firms and individual dealmakers in the United States each year with this prestigious industry award. A CoStar Account Executive will be in contact soon to arrange a time to personally present your firm’s CoStar Power Broker Award-an attractive, personalized plaque recognizing your firm’s accomplishment-and your firm’s name will be displayed on the CoStar Power Broker website at www. CoStarPowerBrokers.com with the other award winners in your market. In recognition of your accomplishment and to denote your firm’s position among the elite in the industry, you are also entitled to place a special 2011 CoStar Power Broker Top Firm Award icon on your firm’s website, emails and marketing materials. You can also spread the word about your firm’s elite status to clients, colleagues and prospects by downloading our Top Firm Award press release template, filling in the appropriate information and sending it to your local media. Visit our website for more information about these exclusive CoStar Power Broker benefits. On behalf of all of us at CoStar, we congratulate you on this recognition of your firm’s leading market position and offer our best wishes for another successful year. Sincerely, Andrew C. Florance President & CEO
