Showing posts with label Loveland Commercial. Show all posts
Showing posts with label Loveland Commercial. Show all posts

Thursday, August 28, 2014

City of Loveland Adds 87 Acres of Open Space


Loveland adds 87 acres of open space

$1.5 million purchase at 57th and Taft will enable the city to extend its recreation trail
By Craig Young
Reporter-Herald Staff Writer
Posted:   08/26/2014 06:50:37 PM MDT

The city has bought 87 acres at the northeast corner of Taft Avenue and 57th Street, seen here Tuesday, to add to its open-space inventory. The property
The city has bought 87 acres at the northeast corner of Taft Avenue and 57th Street, seen here Tuesday, to add to its open-space inventory. The property also will allow the city to make a connection in its recreation trail. (Jenny Sparks / Loveland Reporter-Herald)
LOVELAND -- The city of Loveland has bought a piece of farmland on the northwest edge of town that is loaded with possibilities, but they're all long-term.
The 87-acre parcel at the northeast corner of Taft Avenue and 57th Street, purchased Aug. 8 for $1.5 million, joins Loveland's open-space portfolio, and it moves the city closer to being able to close a gap in its popular recreation trail. "This acquisition serves as a great connection piece for us," said Janet Meisel-Burns, senior parks planner.  The Loveland Recreation Trail was supposed to be completed in 2000 as a 20-mile loop around the city, but two gaps remain, including the piece between the trail's end at 57th and Taft and the U.S. 287 underpass near the north Wal-Mart.  This parcel would serve as our first trail connection from the west back over to 287," she said. But the new property will take the trail only halfway to U.S. 287.

The rest of the route was to be built as new homes were developed southwest of Wal-Mart, but the recession stalled that. The Wintergreen development now going in south of Wal-Mart will allow the city to build about a third of a mile of trail this winter, she said.
The 87-acre property offers the possibility of putting the trail along its southern edge, paralleling 57th Street, or winding it through the property along the Louden Ditch, according to natural areas resource coordinator Brian Hayes. "I think we have two or three different options already drawn up as to how we could wind the trail through the property," he said.

'We're at Least Three Years Out'
But Meisel-Burns said that won't happen immediately.
"It was great to get the land, but that doesn't mean the trail is going to open anytime soon," she said, explaining that construction of that stretch is targeted for the 2017 budget. "So there's a chance that it could be completed in 2018. We're at least three years out."
Hayes said the 87-acre purchase, the largest since the city acquired the 121-acre former Agilent open space in 2011, is currently being farmed. The farmer who leases the land plans to plant dryland winter wheat next month, he said.  In the short term, the land will continue to be farmed, Hayes said, but in the future it could be restored to shortgrass prairie, and the wetlands along Dry Creek could be enhanced and used for environmental education and other public uses.
The purchase came with 10 units of Colorado-Big Thompson Project water and three shares of Louden Ditch water, which could be used for irrigation or wetlands restoration, he said.
Thomas Stilwell of Loveland rides his bike Tuesday as his dog, Dozier, runs ahead of him on the Loveland Recreation Trail near Arlington Street just south
Thomas Stilwell of Loveland rides his bike Tuesday as his dog, Dozier, runs ahead of him on the Loveland Recreation Trail near Arlington Street just south of 50th Street in Loveland. The city recently bought 87 acres of land in northwest Loveland that will allow it to eventually connect this portion of the trail with the section that ends near the north Wal-Mart store. (Jenny Sparks / Loveland Reporter-Herald)
A farmhouse built in about 1879 and some outbuildings sit on the property along Taft Avenue. Hayes said the old stone house hasn't been occupied in 25 or 30 years and is in bad shape. The city will explore its options, including possible historic preservation, he said.

Hayes said the parcel was identified in the city's 2008 study of natural areas around Loveland.  "It has wildlife value with the wetlands," he said. "It also has excellent views of the surrounding separator properties and excellent views of the foothills and the mountains to the west."
Community Separator
The land, which is outside city limits, becomes another of the "separators" between Loveland and Fort Collins. To that end, the Larimer County Advisory Board will vote Thursday night on a proposal to contribute $200,000 toward the purchase of the land.
If the board approves the expenditure, the proposal would go to the Larimer County commissioners on Tuesday for their consideration, according to Kerri Rollins, the county's Open Lands Program manager.

"The Loveland-Fort Collins corridor has always been a primary emphasis for the three entities that receive the open-space sales tax," she said. "It was a huge effort to connect properties and make a community separator. This property certainly adds to that."
The new open space touches the southeast corner of the city of Fort Collins' 973-acre McKee Farm open space and opens a path for a regional trail connecting Loveland and Fort Collins in the west.
But before the cities and county pursue that trail, they first will connect on the east side, Meisel-Burns said, on the Front Range Trail.
"That's our No. 1 priority," she said. "Fort Collins is coming down off their Power Line Trail. They will have their piece constructed by next year."
Fort Collins' section ends at County Road 32 (Carpenter Road), where Larimer County will pick up and build the trail south to County Road 30. Loveland, meanwhile, will extend its trail from where it veers off County Road 11C and go up to meet the county's section, she said.
Meisel-Burns said the city and county will apply for some grants for that trail extension.
"If we get the grants, the design will take place in 2015, and the construction will take place either in late 2015 or 2016," she said.








Monday, March 4, 2013

Discount Tire to Join North College Marketplace in Fort Collins

North College Marketplace in north Fort Collins will be getting the boost of another national tenant later this year when Discount Tire opens a new 7,500 s.f. store along College Avenue.  In a deal brokered by Nathan Klein of Loveland Commercial, LLC and Mike Kendall of SullivanHayes, Discount Tire's parent company, Halle Properties, purchased the land in January 2013 and is currently pursuing final building permit approvals to build the store.

North College Marketplace is a King Soopers Marketplace anchored shopping center that opened in Summer 2011 and is currently home to Chase Bank, Bullfrog Wine & Spirits, Great Clips, and Serious Texas BBQ, among others.  "We are fielding calls on a daily basis from several national tenants who are actively looking for opportunities in Fort Collins and have specifically asked about opportunities in the development", said Nathan Klein of the project.  Also planned for completion in summer of 2013 is the next 5,000 s.f. multi-tenant retail building which will be constructed between Chase Bank on the north and Discount Tire on the south.  Leases are being negotiated on that building with other national tenants to be named later this year.  "The project momentum is fantastic since the start of the year; we are excited to further the construction and development of North College Marketplace and the North College corridor of Fort Collins."

Wednesday, January 23, 2013

Loveland Commercial's Nathan Klein, New Chamber Chairman and Business Awards are Given

Loveland Commercial is excited to support their own Nathan Klein as the new Chairman for Loveland Chamber of Commerce.  Nathan Klein is Partner and Broker Associate for Loveland Commercial, LLC, and specializes in assisting local businesses with their commercial real estate needs.  Nathan sees his participation as Chamber Chairman as a great opportunity to help support local businesses.

Business stars come out as Loveland Chamber goes Hollywood

Medical Center of the Rockies, Sandler Training earn business of the year honors at annual dinner
By Craig Young Reporter-Herald Staff Writer


John Geiman, left, and Don Overcash, principals at Top Line Growth, pose Friday, Jan. 18, in the lobby of their Loveland business, which is a franchise of Sandler Training. ( Steve Stoner )


Other Nominees Large Business of the Year: American Eagle Distributing; Aspen House Memory Care Assisted Living; Madwire Media.
Small Business of the Year: Fred's Used Websites; Grow Secure Insurance and Financial Services; Perfect Square.
Heart Award: Jean Cannon, Aspen House Memory Care Assisted Living; Jerry Helgeson, American Eagle Distributing; Maryjo Morgan, Fred's Used Websites.
Nonprofit of the Year: Hearts & Horses Therapeutic Riding Center; House of Neighborly Service; Realities for Children.
Young Professional of the Year: David Eads; Leah Johnson; Janie Rocek.

The Loveland Chamber of Commerce shined a spotlight on some of its stars Friday night at the organization's annual dinner.
The chamber honored local companies and businesspeople with awards and acknowledged the passing of the gavel from outgoing chairman Dave Clark to new chairman Nathan Klein.

Playing the event's Hollywood theme to the hilt, the chamber had starlets lead the award winners to the stage with theme music playing in the background. Searchlights swept over the ceiling and walls, and the winning table decoration by Perfect Square's John Metcalf featured Lego mockups of the Hollywood hillside sign and Grauman's Chinese Theatre.

George Hayes, CEO
Large business of the year honors went to Medical Center of the Rockies.
Last year, Loveland's other hospital, McKee Medical Center, won the award, which is determined by a vote of chamber members and a selection committee.
"It is a privilege to be in the same category as the others who were recognized for their outstanding contributions to the community tonight," MCR president and CEO George Hayes said in a press release after the event. "We are honored and proud to call Loveland home."
The press release pointed out that the 166-bed hospital had a big year in 2012,      when it celebrated its fifth anniversary, launched its Air Link medical air transportation service, opened a new rehab unit and saw its parent company partner with the University of Colorado Hospital to form University of Colorado Health.

The small business of the year award, given to a company with 25 or fewer employees, went to Top Line Growth, the local franchise of Sandler Training.
John Geiman opened the Loveland office in January 2005, and Don Overcash joined him as partner in 2009.  The company provides sales and management training and ongoing reinforcement to companies as small as one-person startups and as large as water quality product maker
"Their success is our success," Geiman said in an interview.
Geiman said he and Overcash belong to six chambers of commerce in the area. "We really love chambers because they represent businesses."
Overcash said Sandler has about 250 offices in 25 countries and wins awards every year for being the best franchise in its category.
Deanna Sloat, Guaranty Bank

Deanna Sloat, a loan portfolio manager at Guaranty Bank, won the Heart Award, which honors a person who displays selflessness and compassion for the community.
Sloat's list of volunteer efforts includes helping the Hearts & Horses therapeutic riding program with its annual gala, serving on the Santa Cops board for Larimer County, working on Relay For Life and helping put on the Larimer County Sheriff's Posse junior rodeo. "They're all such worthy causes close to my heart," she said.    


Judy Chapman
The McKee Medical Center Foundation was named nonprofit of the year.
Foundation representative Judy Chapman accepted the award for the organization, which raises money for the hospital and its programs in the community.
"This is such a charitable community; to be recognized this way is such an honor," Chapman said.


Nicole Yost, founder and president of Loveland-based Fyn Public Relations, won young professional of the year honors.
Nicole Yost
The award goes to members of the chamber's young-professionals group, Stir Loveland. Yost said she has been involved with the chamber and with Stir

since September 2009, when she came to Loveland. She started her PR agency in October 2011.  She said being involved in Stir is important to her. "I truly believe that Loveland has an exceptional mix of young professionals who are truly making a difference today and preparing Loveland for an exciting future."

Also Friday night, Noreen Flood of Daily Money Solutions was named Ambassador of the Year, and Maryjo Morgan of Fred's Used Websites won Rookie Ambassador of the Year.

Monday, December 24, 2012

Another Leased Space by Loveland Commercial

On October 8, 2012, FITS Services, Inc., signed a lease for a 1,348 s.f. space at 3780 N. Garfield Avenue in Loveland, CO, a property listed by Nathan Klein at Loveland Commercial, LLC.  The North Garfield property, owned by Ehrlich Commercial Management, LLC, is a functional multi-level office building with recently remodeled interior space.  Additional suites are available in the building ranging from 134 s.f. to 8,431 of contiguous s.f.  Contact Nathan Klein at Loveland Commercial, LLC at (970) 222-2473, for more information.

Friday, December 7, 2012

Loveland Commercial Client to bring more to Loveland's Nightlife

Nathan Klein, Broker and Partner of Loveland Commercial, LLC assisted Sebastian Birch, owner of the new Encore Lounge, in securing a lease for a 2,500 s.f. retail space located at 314 E. 4th Street, in Downtown Loveland.

Several properties were considered before deciding on the 4th Street space, owned by Morgan Brothers Rentals, LLC of Loveland, CO.

See the article below about the hopes to open The Encore Lounge in early 2013 after renovating the space to include a bar, kitchen, stage, and more.

Owner of future Encore Lounge hopes to brighten up Loveland's nightlife

By Craig Young Reporter-Herald Staff Writer


Sebastian Birch poses for a photo Wednesday in the space where he plans to open The Encore Lounge, a new jazz lounge, early next year. (Jenny Sparks)
LOVELAND -- A local businessman who believes Loveland's nightlife needs "a little more life" is planning to open a new lounge downtown.
Sebastian Birch recently signed a lease on 314 E. Fourth St., Suite A, and is getting ready to start renovations.

He hopes to get The Encore Lounge open sometime after the first of the year.
Birch plans to split the long, narrow space in the building into two sections, with the kitchen in between. The front, he said, "is going to be a quieter, more romantic setting. ... Or you can go into the back room where it opens up with stages, where everything's happening. "I'm hoping to get some jazz acts, some comedy on the weekends maybe, and open mic," he said.

Birch, a Loveland resident, said he was trained as a chef and has worked at Henry's, Old Chicago and briefly at the 4th Street Chophouse.
He said he'll be serving a "happy hour menu - nine or 10 dishes that aren't too big" such as crab cakes and mussels.  Drinks at the bar won't be too high-end, he said, although he's teaming up with his brother, who works in the wine business, to bring in an interesting list of premier wines.

Birch said he selected Loveland for his first business venture because he believes the demographics are right. "I just think the Loveland nightlife could use a little more life in it. Fort Collins already has enough things going on."

The 2,600-square-foot space for The Encore Lounge takes up the western half of the building that is occupied on the east by Aspen Photo & Design.
The 105-year-old building has a colorful past, according to architect Stacee Kersley, who's working with Birch on the renovation. She said it has housed a hardware store, an automobile showroom, a shoe store, a bowling alley and many other businesses.
Birch said he hopes to refinish the wood floors and possibly expose some of the old brick on the walls.
Craig Young can be reached at 635-3634 or cyoung@reporter-herald.com. Follow him on Twitter: @CraigYoungRH.

Thursday, December 6, 2012

Congratulations to Jared Waterhouse

Congratulations to Jared Waterhouse on the purchase of commercial property off of North Madison Avenue in Loveland, CO.  Jared's company, All Pro Sealing and Asphalt, needed a property that would enable them to move from their previous location in Windsor, CO.  All Pro Sealing and Asphalt is a paving and maintenance contractor that serves all of Northern Colorado.

The new location is at 729 N. Madison Avenue, which is on the NWC of East 7th Street and N. Madison Avenue in Loveland, CO, totaled 2.36 acres with a 5,000 square foot warehouse and a 768 square foot office/house and was purchased for $275,000, closing May 2, 2012.  The property was unique in its challenges in that it had been annexed in to the City of Loveland, but never "developed" with full infrastructure.  Mr. Waterhouse's knowledge in the construction field will help him through the various development requirements of the site over time.

The property purchased was listed for sale by Nathan Klein, Partner and Broker for Loveland Commercial, LLC out of Loveland, CO.  Mr. Waterhouse, the buyer, was represented by Patrick O'Donnell of Realtec.

Loveland Commercial Client continues "Making Monsters"

Distortions Unlimited begins season 2 of 'Making Monsters'

Distortions Unlimited once again is scaring people with its morbid creations on the Travel Channel.

The second season of "Making Monsters" premiered Sunday on the Travel
premiered Sunday on the Travel Channel. It gives viewers a behind-the-scenes look at the Greeley-based art studio that makes horror props, animatronics and masks.

The company is well-known in Northern Colorado for its baroque displays in haunted houses. Back in the 1990s, for example, the company claimed to have sold $400,000 in life-size electric chair replicas complete with flashes, smoke and crackling electric current.

The Travel Channel series follows Distortions Unlimited owners Ed and Marsha Edmunds as well as renowned Hollywood creature- and mask-maker Jordu Schell on the road.

This season, they make a red-eyed, smoke-spewing tiki in Oahu, Hawaii, and a disturbing twisting centipede in Atlanta.

The team also created a stage mask for rock band Megadeth, a 25-foot skeleton for an outdoor attraction in Baltimore and a larger-than-life Gatekeeper for Dick Van Dyke's Southern California home.

Distortions Unlimited morbid creations featured on the Travel Channel.
(NCBR "The Eye" October 5, 2012)

Nathan Klein, Broker/Partner of Loveland Commercial, LLC, previously represented Distortions Unlimited in a lease transaction for a Greeley warehouse where they make their animatronics.

Wednesday, December 5, 2012

Loveland Commercial Client Makes Front Page News

Loveland residents don't forget their cats or dogs come Christmas

Pet owners include their pets on their holiday shopping lists and even taking them to see Santa
By Shelley Widhalm Reporter-Herald Staff Writer

Marni Henke, left, and Haleigh Deubach, 9, look on while Nicole Deubach takes a portrait of Henke's dog named Hanna with Kyle Anderson dressed as Santa Paws during the Holiday Pix with Santa Paws event on Saturday, at Hank's Pet Food Market, 2245 W. Eisenhower Blvd. ( Steve Stoner )
Kyle Anderson, dressed as Santa Paws, holds a dog named Mr. Big on his lap during the Holiday Pix with Santa Paws event on Saturday at Hank's Pet Food Market, 2245 W. Eisenhower Blvd. (Steve Stoner)  
  

Chinese crested and schnauzer mix Char's wishes are on the Coffeys' Christmas list.
The seven-year-old dog will be getting treats and a couple of stuffed hedgehog toys.
"She can have all kinds of toys. She only likes hedgehogs," said Loveland resident Susan Coffey, pet parent to Char, along with her husband, Chuck Coffey. "She's a hedgehog snob."
The Coffeys are part of a growing trend to include dogs and cats in the gift-giving tradition of the holidays, as well as photos with Santa.
"I think it all started with folks looking at pets as family members," said Teresa DeGuelle, who co-owns Hank's Pet Food Market with Lisa Sauer, which they opened in March 2011.
Dogs and cats moved up the family ladder about 10 years ago, earning names such as the four-legged or furry child to their pet parents. And by shedding their status as outdoor animals, the family pets started wearing specially designed pet clothes, sleeping in comfy beds, attending doggie day camps and playing with toys galore.
"We really are shocked at how many people buy presents for their grand-dogs or cats," Sauer said Saturday afternoon in the crowed Loveland store.
A large number of customers purchase gifts for the pets of their children, she said.
They step up the ante during the holidays, purchasing more expensive toys, buying more treats and spending more in general.
They spend an average of $60-75 instead of $45, DeGuelle said.
And they start shopping in mid-October.
Haleigh Deubach, 9, left, and Kyle Anderson, dressed as Santa Paws, look on while Rackel Ward feeds a treat to her Mr. Big during the event
DeGuelle and Sauer expect to see sales increase 30 to 40 percent during the holidays, especially in December, Sauer said. "December will definitely be our biggest month of the year," she said.

At Hank's, the most popular gifts for dogs are interactive games, where dogs have to move pieces to retrieve food, and stuffed toys with a squeaky inside. Cats are getting anything stuffed with catnip or with feathers that imitate bird movement.

"They like to see the happy looks on their (pets') faces when they get a toy or treat," Sauer said.
When Char gets a new toy, she gets "so excited," Susan Coffey said. "She spins and she loves to back up and have the toy tossed to her."

Loveland resident Carlee Boettger and her sister, Ellie Sheppard, and nephew, Hudson Sheppard, who she lives with, have a Christmas list for their three dogs, Munchie, Eddy and Daisy. On Daisy's, there's a leash and collar, while Eddy needs a new blanket and Daisy just wants food.
"I love to see how happy they are and to celebrate the season with everybody I love, family and pets," Boettger said.

Randy Samson of Loveland plans to give his Brittany spaniel, Ace, a chew bone, but not anything too special, except photos with Santa at Hank's.

For the second year, Hank's offered Santa Paws holiday photos and a bake sale two Saturdays in a row. The event raises funds for and awareness about Izzy's Place Senior Dog Rescue, a rescue organization for abandoned and homeless senior dogs.

"We don't have any kids anymore, but we have dogs," said Samson, who owns two dogs with his wife, on Saturday.

"Getting pet photos with Santa shows an acceptance of viewing the pet as a family member or even as a kid," said Nicole Deubach, co-organizer and caregiver at Izzy's Place with Shereen Raucci.
"There's more love and respect for dogs," Deubach said.

Shelley Widhalm can be reached at 669-5050, ext. 531, or swidhalm@reporter-herald.com. Follow her on Twitter: @ShelleyWidhalm.

Tuesday, November 20, 2012

Loveland Commercial Finds Bark Park a New Home

Loveland Commercial, LLC client, Bark Park, LLC, owned by Loveland business owner Debbie Gutierrez, has signed a lease on the former Sunbelt Rentals property located at 211 Barberry Ave., in South Loveland that will become the home of a new state of the art dog daycare facility.  The property was an ideally unique combination of divided indoor kennel space, outside fenced play area, and retail area with an excellent location along US Highway 402/Southwest 14th Street in Southwest Loveland that will be convenient for the employment corridor of US Highway 402 and the new Rocky Mountain Center for Innovation and Technology.  The property includes two buildings with 6,080 s.f. and is currently undergoing minor building renovations with a plan to open in late 2012/early 2013.  The deal was brokered by Nathan Klein, Partner/Broker for Loveland Commercial, LLC.

Monday, November 19, 2012

Bank of Commerce Mortgage Opens 22nd Location

Loveland Commercial, LLC would like to welcome Bank of Commerce Mortgage as a new full service mortgage company in Northern Colorado.

Bank of Commerce Mortgage has leased 4,730 s.f. at 255 E. Monroe in Fort Collins, which is the former longtime home of Realtec Commercial Real Estate Services, Inc.  "This was a unique opportunity for a similar functioning business to take over a great office space in a great location in the heart of Fort Collins with very little tenant finish requirements", said Nathan Klein, Partner and Broker for Loveland Commercial, LLC, who represented Bank of Commerce Mortgage in the transaction.

Bank of Commerce Mortgage is a California based private mortgage company with 22 location in 3 states including Colorado, California and Nevada.  This location marks BOC's third Colorado location including offices Denver and Boulder.

Friday, November 16, 2012

Sale of 2.4 Acres Industrial Land in Loveland

On June 15, 2012, the property at 729 N. Madison Avenue was sold by Nathan Klein of Loveland Commercial, LLC to Jared Waterhouse.  The property was 2.4 acres and consisted of 5,000 s.f. industrial warehouse and 900 s.f. converted office/residence.  The property was bank-owned at the time of sale and sold for $275,000.  The buyer was represented by Realtec Loveland.

Friday, October 26, 2012

Don Marostica of Loveland Commercial, LLC to retire

Loveland Commercial's Marostica to retire



By Molly Armbrister (NCBR)  October 24, 2012

  
Longtime Northern Colorado commercial real estate professional Don Marostica is retiring by the end of the year.

His partners, Nathan Klein and Blain Rappe, will be buying out Marostica's share of Loveland Commercial.

Marostica and business partner Eric Holsapple were equal partners in the company, but both have been increasingly involved in other ventures in recent years.

Because of those changes, Klein and Rappe have been increasingly involved with the day-to-day operations of the company.

Marostica served for 18 months as the executive director of the Colorado Office of Economic Development and International Trade, and Holsapple recently took a job as the executive director of the CSU Everitt Real Estate Center.

News of the changes was made public at Wednesday's Everitt Real Estate conference at the Marriott in Fort Collins.

Holsapple will remain the majority partner at the firm, Klein said.

The change has "been in the works for awhile," Klein said. He has been at the company since 2004, and became a partner in 2006.

Tuesday, August 28, 2012

Congratulations to Spidertrax, Inc.

Congratulations to Spidertrax, Inc. on their recent purchase of an 8,000 s.f. warehouse building located at 174 12th Street SE in Loveland.  In a deal brokered by Nathan Klein of Loveland Commercial, LLC; Spidertrax will be expanding and relocating its operations from Longmont to Loveland upon completion of interior and exterior improvements to the property.  The building is located on 0.53 acres and sold on July 2, 2012 for $455,000. 

 
Started in 1999 by Thomas Kingston and Heriberto “Eddie” Casanueva, Spidertrax designs and manufactures parts used in construction and conversion of rockcrawling and rock racing vehicles and 4x4’s.  For more information on Spidertrax, please visit their website at www.spidertrax.com.

Tuesday, July 31, 2012

Korean Academy of Taekwondo sets grand opening at new downtown Loveland location

Nathan Klein, Broker and Partner at Loveland Commercial, LLC, assisted Scott Granger, owner of Universal Health Solutions dba Korean Academy of Taekwondo, relocate his business from 5010 Granite Street in Loveland, to their new location at 106 W. 4th Street downtown.

Mr. Granger signed a 2 year lease on the 1,815 square foot location and had his grand reopening on June 9, 2012 with free classes, face painting, balloons, games, demonstrations and food and drink.
reporterherald.com
Majority owner and chief instructor Scott Granger said he bought the business, formerly M.L. Parr's Academy of TKD, three years ago and operated it at 5010 Granite St. until reopening at 106 W. Fourth St. on April 5.  
"Moving to a downtown location has been a fantastic decision so far," Granger said. Thanks in part to the increased foot traffic past his door, he has added 14 students since the move, he said.

The Loveland school, which is affiliated with the Korean Academy of Taekwondo in Aurora, teaches the Korean martial arts of taekwondo and hapkido and also submission grappling, Granger said. "We are the only Olympic taekwondo school in the area," he added.  By Craig Young, Reporter-Herald.

Granger, who coaches the Colorado State University taekwondo team, said he will be competing in the national taekwondo championships himself in less than a month.  
Nathan Klein of Loveland Commercial, LLC, represented both the Landlord of the new location, Ada Johnson Family Trust and Mr. Granger as the Tenant in the transaction.


Thursday, July 12, 2012

2012 Leadership Northern Colorado Class Graduates

Nathan Klein, Broker and Partner at Loveland Commercial, LLC, was among those that completed their six month program on Tuesday, June 26 at the Budweiser Event Center.  Twenty-seven participants completed the 2012 program and were recognized at a graduation event sponsored by Public Service Credit Union.  Leadership Northern Colorado has now graduated 85 participants.

Leadership Northern Colorado, a joint initiative of the Fort Collins, Greeley and Loveland chambers of commerce, the Community Foundation of Northern Colorado and the Community Foundation Serving Greeley and Weld County, is designed to build human capacity and to identify, define and address the issues facing the Northern Colorado region.  The program was sponsored in 2012 by McWhinney Enterprises.

The program was produced by the Fort Collins Area Chamber, the Loveland Chamber, the Greeley Chamber, the Community Foundation of Northern Colorado and the Community Foundation Serving Greeley and Weld County with assistance from a steering committee made up of 13 individuals from the different organizations.

Applications for the 2013 Leadership Northern Colorado program will be available in the fall.  Anyone interested in learning more about the program or applying can go to the Leadership Northern Colorado website.

Friday, June 29, 2012

Shortage of Affordable Lots Developing

By Molly Armbrister - Northern Colorado Business Report 

The housing market is still a long way from full recovery but the inventory of low-priced residential lots is fast running dry in at least one Northern Colorado city: Loveland.

The trend is most pronounced in the inventory of lots with price tags that allow homes to be priced in the low-$200,000s, according to Don Marostica of Loveland Commercial, LLC.

His company typically purchases lots under $20,000 in order to sell its homes at prices between $190,000 and $225,000, Marostica said.

Loveland Commercial has about 60 lots left in its possession, and is building between four and six homes per month. In other words, it'll run out of lots in about a year.

Low-priced lots are also becoming harder to find in Fort Collins, Marostica said, though Greeley still has plenty of lots at that price.

Marostica considers the homes his company builds to be "affordable," but worries that it won't be able to continue doing so for much longer, at least not west of Interstate 25.

"(Selling homes at) $300,000 to $400,000 is not what we do," he said. "But maybe that is the new affordable."

In all of Loveland, 820 lots were permit-ready as of Feb. 17, according to the city's tracking reports.
Another 1,672 lots have been purchased by developers but have not been signed off for infrastructure required for a building permit.

The city's report doesn't include pricing information, but Marostica estimated there were fewer than 200 lots that he considers "affordable" in Loveland.

Demand, of course, has played a role.

The housing market in Loveland has picked up in recent months, with home prices and number of homes sold both on the rise. Existing inventory is shrinking, so new homes are once again becoming a necessity.

At the end of 2011, new construction was up 20 percent in Loveland and the market had experienced a 207-percent increase year-over-year in lot sales, according to Ceri Anderson of The Group Inc.'s Centerra office.

Another developer of affordable homes, Jammie Sabin of Aspen Homes of Colorado, said that his company has just about 20 lots left.

Building economical homes is becoming more and more difficult to do, Sabin said.

Sabin defines an affordable home as one costing $250,000 or less. The average price of a home in Loveland in 2011 was $232,801, according to The Group.

Aspen Homes' affordable development in Loveland is called Enchantment Ridge, Sabin said. Homes there can be found for as little as $168,000.

The increase in the price of lots in Loveland is a result of the market recovering from the recession, Sabin said.

When the recession began and builders were forced to abandon projects, many banks ended up with the properties on their books. Those properties were later sold out of foreclosure at rock-bottom prices, also depressing the prices of other lots that were not in foreclosure.

Now, inventories and foreclosures are headed back down, so prices are bouncing back up.

Nathan Klein of Loveland Commercial echoed some of these sentiments at a recent panel discussion at an event sponsored by CSU's Everitt Real Estate Center.

Klein estimated that within 12 to 18 months, more lots will have to be developed from what is raw land now in order to build speculative homes for those who need a home without delay.

"It's much easier to sell a house than it is to sell a lot," Klein said.

The increase in home sales in Loveland has resulted in more competition for lots, which also contributes to driving up prices. While the number of homes sold is nowhere near the numbers seen in 2004 – when 2,162 homes were sold in Loveland – the number did increase 5 percent in 2011. That increase represents the first uptick in sales since 2005.

Year-to-date as of April, the number of homes sold in the metropolitan statistical area of Loveland and Berthoud was up 12.7 percent compared with the same period a year earlier.
Loveland Commercial, LLC is currently targeting lot listings and evaluating projects for the lots that can be procured for sale.

Congratulations to Gazelle Transportation, Inc.

Congratulations to Ron Lallo of Lallo Investments, LLC on behalf of Gazelle Transportation, Inc. on the purchase of an industrial property off of US Highway 85 and 31st Street in Evans, CO. The property is located at 3102 State Street, 3108 State Street and 708 31st Street, all off of Highway 85 in Evans, CO. The property totaled approximately 2.577 acres, with commercial buildings of 5,955 and 5,128 square feet, was purchased for $615,000 ($4.98/SF) and closed on May 29, 2012.

Currently the Greeley/Evans area is experiencing an shortage of industrial property with yards suitable to meet the needs of the growing oil and gas industry in Weld County. Lallo Investments, LLC purchased a creative property assemblage to meet their needs. They will be using the former Randy's Diner for their office and storage and the former gas station/convenience storeland and  Truck Wash as a yard and storage for their vechicles.

Gazelle Transportation, Inc., a branch of Gazelle Investments, LLC, has grown to what has become one of the nation's premier crude oil logistics companies. With a presence in most US crude oil-producing regions and are recognized as providing safe, reliable and competitively-priced services to the oil and gas industry. With a growing fleet and well-maintained facilities, Gazelle strives to provide World Class service to its customers nationwide.

The oil and gas industry continues to grow in Weld County, as seen in many articles, for instance:
"Average wages are going up considerably in Weld County, due in large part to the increase in employment in the oil and gas industry and its supporting activities." Sharon Dunn / Greeley Tribune, June 23, 2012.

The property purchased was listed for sale by Nathan Klein, Partner and Broker for Loveland Commercial, LLC out of Loveland, CO.  Mr. Lallo, the buyer, was represented by Steve Kawulok, Managing Broker of Sperry Van Ness/The Group Commercial, LLC out of Fort Collins, CO.

Wednesday, June 6, 2012

Panelists: NoCo commerical real estate improving

By Molly Armbrister
Northern Colorado Business Report

FORT COLLINS - A panel of commercial real estate professionals expressed slowly-returning confidence in the Northern Colorado market Wednesday.

Specific segments of the market are definitely beginning to pick up speed, including office space, according to Josh Guernsey, a partner at Brinkman Partners.

"The office market took a pretty solid hit," Guernsey said, but office real estate, particularly Class A space, is making a comeback. Class B and C are also improving, but not at the same rate, Guernsey said.

Guernsey was joined on the panel - hosted by the Everitt Real Estate Center - by Russell Baker, a vice president at Cassidy Turley Fuller Real Estate; Mike Hill, vice president of multi-family development operations, McWhinney, and Nathan Klein, partner and broker associate at Loveland Commercial. The panel was moderated by Steve Stansfield, president of Realtec Commercial.
Loveland office space has not seen the same improvements as Fort Collins, according to Klein, because Loveland has less Class A space to offer.

Retail is another segment that is seeing improvement, and Northern Colorado is on the radar for a number of national retailers, said Guernsey, whose company manages Front Range Village in Fort Collins. The shopping center is at 92 percent occupancy, Guernsey said.

The multi-family market continues to serve as a strong presence in the market, according to Hill, whose company was not involved at all in the mulit-family market four years ago and is now a major player.

McWhinney's customers tend to be more educated when they begin looking for a place to live, have done their research and are ready to negotiate, Hill said. Many of those McWhinney serves are also "rent by choice" customers who could afford to buy but choose to rent for a variety of reasons.

Conventional loans for commercial real estate are still hard to come by, according to Baker, who said that most of his customers are building with cash. Baker estimated that it could be another one or two years before local banks begin financing projects again, but that some national banks have begun making their way slowly back into the commercial realm.

Monday, June 4, 2012

Congratulations to Cozy Cottage

Congratulations to Tammy Ahlquist of Cozy Cottage in the relocation of Cozy Cottage from the Promenade Shops at Centerra at NEC Highway 34 & I-25 in Loveland, to 4250 Corbett Drive, #308-310 in the Front Range Village Shopping Center, just north of East Harmony Road and east of Ziegler Road, in Fort Collins. 

Cozy Cottage is a retail home decor shop whose inventory includes antiques, seasonal items, candles, jewelry, gourmet foods, bedding and upholstered furniture, just to mention a few.  Cozy Cottage is also planning the possibility of opening a cozy coffee bar within the store sometime in the future.  Be looking for their Grand Re-Opening sometime in Fall 2012.

Nathan Klein, Partner and Broker for Loveland Commercial, LLC, represented Tammy Ahlquist in finding the ideal relocation spot and securing the 7 year lease with the Landlord of the property.  The space had been on the market with Joshua Guernsey of Brinkman Partners, LLC in Fort Collins.

Friday, October 7, 2011

Congratulations to Loveland Ale Works

Congratulations to Nick Callaway with Loveland Ale Works for being featured in the Reporter-Herald this past week. Nathan Klein of Loveland Commercial worked with Nick to secure his new 4th Street location. For information on lease negations, or tenant representation, contact Loveland Commercial at 970-667-7000 or www.lovelandcommercial.com



Here comes the brew: Loveland Ale Works will make its home on Fourth Street

By Madeline Novey Reporter-Herald Staff Writer

Loveland Ale Works owner Nick Callaway poses Tuesday next to equipment for his 10-barrel brewing system that he recently purchased. Callaway's brewery will be located at 118 W. Fourth St. in downtown Loveland. ( Steve Stoner )
Loveland Ale Works
What: A future addition to Northern Colorado's growing micro-brew industry.
Where: 118 W. Fourth St.
When will it open?: While that depends on acquisition of building permits and the building process, owner Nick Callaway would like to open shop sometime around the first of the year.
After high school Nick Callaway went to college, dropped out, worked on the ski slopes for four years, went back to college, switched his major a couple of times, and earned a degree in engineering and physics. But the whole time, he wished he could have majored in brewing beer.
Years later, the home-brewer's dream is set to come true as he pours hundreds of hours into opening his first business, Loveland Ale Works.
A Brewer's Future
On Wednesday afternoon, Callaway stood over lamp-lit plans portioning out each of the 5,000 square feet in the now-vacant industrial space at 118 W. Fourth St. Over the coming months, the building will get two rolling glass garage doors at its entrance, the historic tin ceiling will be refurbished and what is now a dusty cement floor will become the foundation of Callaway's livelihood.
Over the past three or four years, the Greeley resident looked up and down the Front Range and across Northern Colorado for a good spot to open shop. Then a friend told him about Loveland and connected him with senior planner Mike Scholl, who persuaded him to open in the growing downtown area.
Everything took off from there.
Standing at his storefront, Callaway paused his story and pointed to the battered "King Storage" sign atop the coffee shop across Fourth Street.
"I just like these old downtown areas," he said. "You can't fake that kind of stuff."
Callaway is currently in the process of acquiring building permits and hiring contractors to renovate the site. When all is said and done, he will be the proud owner of a 30 feet by 30-feet tasting room with windows looking into the brewing area.
Keeping it simple to maintain quality, Loveland Ale Works will use a 10-barrel system to serve up four primary brews -- an Imperial Stout "for sure," a Belgian Trippel, a Saison and Pale Ale, of sorts. Six other seasonal or specialty beers will rotate on tap.
The company will also distribute its beers within a 20-mile radius to start, Callaway said, with consideration for future expansion.
"People want local food. They don't want it processed." Callaway said, dwarfed by one of his massive fermentation tanks in storage a few blocks from the future brewery. "The same goes for beer."
A Growing Market
With craft brew giants New Belgium, Odell Brewing Co. and others up north and Grimm Brothers Brewery, Big Beaver Brewing Co. and Rock Bottom Brewery in Loveland, Callaway isn't intimidated. He feels quite the opposite, in fact, and noted a healthy competition and feeling of cooperation among all.
While moving in, Callaway has sought and received ample feedback from those at Grimm Brothers.
"I think it's exciting," Grimm's president and head brewer Don Chapman said of Callaway's venture.
He doesn't believe the new brewery will deter business "as much as it just builds awareness in general and turns out more people interested in tasting beer."
Jim Francis, director of Colorado State University's new Beverage Business Institute, said Loveland Ale Works' opening just adds to the microbrewery growth the state and Northern Colorado is experiencing.
"We like to think that we're absolutely in the top three," in terms of microbrew market size in the U.S., he said, though, "We have told people before that we think we're No. 1."
Portland, Ore.; Seattle, Wash.; and Asheville, N.C., are other contenders.
Often referred to as the "Napa Valley of beer," Colorado is at the center of growth in the microbrew industry, Francis said, boasting a 25 percent employment rate increase between 2000 and 2010.
The industry flourishes here because the state has resources others don't, he said. With Anheuser-Busch and MillerCoors brewing companies in "our backyard," there is a plethora of skilled workers; the water isn't the best but is better than that in nearby states; good transportation systems make for improved distribution; and business benefits from the area's entrepreneurial climate.
Simply put, it's a good place to brew beer.
Back to Loveland
Ale Works ...
While he couldn't give a hard-and-fast date (because of the unpredictability of the permitting and building processes), Callaway said he would like to open near the first of the year.
And he's really looking forward to adding another spot to the downtown area that gives people a chance to relax and enjoy life.
"I imagine them sitting down to have a pint, get a growler and going home; having dinner or just going out after," he said.
Madeline Novey can be reached at 669-5050, ext. 516, or mnovey@reporter-herald.com.