The commercial real estate market is a little like the story of Goldilocks and the three bears. Some properties are a little too big; some are a little too small; and finally you get your questions answered, your due diligence completed and you find a property that’s just right to open up your new business.
It can be a lengthy process and includes plenty of work by both you and your broker. But the result is new businesses coming to town, opening up and hiring employees. A couple of transactions in the last few months offer a testament to local commercial brokers working with business people to create win-win opportunities.
In the next couple of months, Fruita will welcome Todd’s Welding (TWI) to the area. TWI is relocating from Rifle to the Grand Valley and anticipates hiring five to 10 employees in three to six months and still more employees after that as operations increase at the new facility.
The facility at 1560 River Road offers five times more space than the Rifle location, which will result in faster production and shorter lead times. TWI offers in-house design and build services, 3D detailing and takes pride in providing exactly what clients need. Products include pressure vessels, separators, flowback equipment, pipe skids, oil field equipment trailers, mud systems, complete rig packages, portable flare trailers and more. If it’s used in the oil and natural gas industry, TWI makes it. The company holds ASME U Stamp and National Board R Stamp certifications. For more information, call (970) 625-1844 or visit ww.twi-fab.com.
Chomp’s Delicatessen also is opening in Grand Junction. The business is owned and operated by Robert Fishman. Chomp’s Deli in Glenwood Springs recently purchased the former location of Taco John’s on 12th Street near North Avenue in Grand Junction. Workers are in the process of remodeling and upgrading the property for an opening scheduled for the end of July. Chomp’s Deli specializes in sandwiches, soups and salads made fresh every day. Fishman said he expects to initially hire eight to 10 full-time employees and anticipates adding eight to 10 more employees once the fall semester starts at Colorado Mesa University across the street.
Commercial real estate brokers work with potential buyers and tenants every day. Brokers help entrepreneurs navigate the ups and downs of new business startups and help existing business owners find opportunities for growth and efficiency. There’s a wealth of knowledge to be obtained by working with an experienced commercial real estate broker when it’s time for a move.
Interview brokers until you find one with which you want to work, then get to work. Communicate your plans, ideas, budget, concerns and dreams and real estate opportunities will come your way.
You likely will look at some properties that might be a little bit too big and some that are just too small. But in the end, you’ll find one that’s just right.