Bank of Colorado Purchases Site for New Branch

Bank of Colorado is expanding its footprint in Loveland with the recent purchase of the property located at 1888 W. Eisenhower Blvd.  In a deal brokered by Nathan Klein of Loveland Commercial, LLC; the bank purchased the property from Ivar and Donna Larson of Loveland for $550,000.  Bank of Colorado plans to demolish the existing structure on the property and construct a new branch on the property by the end of 2013.

"2 Northern Colorado banks planning new branches

Two banks headquartered in Northern Colorado have filed notices of intent with regulators to establish new branches. Bank of Colorado, based in Fort Collins, is planning to open a second Loveland branch at 1888 W. Eisenhower Blvd. The bank's acquisition of Greeley-based New West Bank is also pending. First FarmBank, headquartered in Greeley, is planning to open a branch in Yuma, at 501 E. Eighth Ave, according to a report from the state Division of Banking."

Northern Colorado Business Report (March 19, 2013)

Lease Signed in the 2534 Development

Creative Touch Interiors (CTI), a subsidiary of HD Supply, has signed a lease for 3,048 s.f. at 4880 Thompson Parkway in the 2534 development for a new showroom.  The showroom will serve as a regional service center for its Northern Colorado home-builder clients and will include flooring, cabinetry, kitchens, etc., and will be open by appointment only.  "The lease signing is great news relative to the improving home-building market and the increased presence of a national supplier of home-building materials in the region," said Nathan Klein of Loveland Commercial, LLC who represented the Landlord in the transaction.  CTI opened the showroom in early 2013.