Weld County Market Data |
Greeley has been one of the most aggressive cities in recent years in their ability to attract national and international industry. It is home to world class Industries such as StarTek, Inc., JBS Swift & Company, and Burris Company, Inc. The attitude of both local and state economic development groups will continue to keep Greeley and Colorado as a whole, on the forefront for major new investments in the area. Obviously, with companies such as Leprino Foods Company, North Colorado Medical Center, and Platte Chemical Co., Greeley is a superb location for any business or industry. Greeley and Weld County both understand the importance of creating financial incentives and other means of attracting businesses to their area and keeping existing businesses happy. The Weld County industrial submarket, which includes Greeley, consists of 855 industrial buildings. Industrial vacancy in the Weld County submarket for Q4 2012 was 13.4%; considerably higher than the overall Denver Q4 industrial market average of 7.4%. However, the average industrial building size in the Weld County submarket is only 2,100 sq. ft. and there are very few competing industrial facilities within the 25,000-50,000 sq. ft. range in the Weld County submarket. In fact, there are very few competing buildings within the neighboring submarkets; including the Fort Collins/Loveland, Longmont, Louisville, and even Boulder County submarkets. |
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