Commercial real estate not immune from outbreak

Retail and personal service businesses likely will be two areas of commercial real estate most affected by the coronavirus outbreak. While many retailers maintain an online presence, most smaller retail businesses still depend on customer visits. This includes not only retail stores and restaurants, but also such personal service businesses as accounting firms, barbershops, financial […]

Who are the commercial buyers?

Last year was a turning point for the commercial real estate market in Mesa County, and that strong growth has continued into this year. For the first quarter of 2019, commercial sales increased 20 percent over the first quarter of 2018. I’m frequently asked where buyers come from. The Denver area? California? The answer might […]

Locals powering commercial real estate uptick

Commercial real estate activity was busy in Mesa County during the first half of the year. A number of reasons have been cited: the relocation of new businesses to the area, attractive tax incentives, a more business-friendly political climate, better marketing efforts and improving consumer confidence. No one could argue all those things have, to […]

New efforts bring new business to area

When roundabouts were first installed in Grand Junction, drivers seemed apprehensive to navigate through them. Roundabouts since have grown in popularity and made our intersections safer. Is it time, though, for something completely different in the Grand Valley? This change involves investments and growing pains — and I don’t mean another roundabout. It’s time to […]

Metrics available to evaluate commercial real estate purchases

A new year offers a new time to review some of the fundamentals of commercial real estate, starting with the realization commercial transactions differ greatly from residential deals. Many of us have experienced the emotional roller coaster that comes with the purchase or sale of a home. Buying or selling commercial property involves analysis, not […]

Commercial real estate affords success story

Nine years ago I made a life-changing decision. I wasn’t fulfilled working in the engineering profession and was afforded an opportunity to begin another career in commercial real estate. I was invited to join what at that time was the newly formed Coldwell Banker Commercial Prime Properties in Grand Junction and a team comprised of […]

New year offers new chance to weigh options

The start of a new year offers a great time to re-energize your business by setting professional and personal goals. I organized and tidied my office, boxing up my 2014 completed files. I relabeled my current files with 2015 tabs, which made me feel accomplished. I also wrote out my 2015 business plan, which made […]

New year off to good start for commercial real estate

It’s a new year full of new opportunities. With the annual Energy Forum & Expo set for Feb. 28 in Grand Junction, it was an especially timely announcement from WPX Energy the company will add more drilling rigs to its operations in Western Colorado. A huge network of contractors relies on WPX and its decisions […]

Real estate offers good careers for women

Why should women choose a career in commercial real estate or a related field?  This is a traditionally male-dominated industry where the existence of women can too easily be seen as unique. However, commission careers for professional women are growing quickly where few or none were expected before. And there are indications the commercial real […]

Technology makes real estate deals easier

We bought our first piece of real estate, a house, in 1988.  I remember finding the house advertised in the Denver newspaper pullout as a HUD property.  At the time, it was the best way to find a property.  Sunday real estate advertisements were a primary method of marketing real estate. In today’s market there […]