Greeley Industrial Property

Greeley is a thriving community in Northern Colorado, located near the intersecting Highways of US 34 and US 85; ten miles east Interstate 25. Greeley is approximately 56 miles north of Denver and 31 miles south of Fort Collins. The community’s economic base consists of food production, oil and natural gas exploration and production, education, and high-tech manufacturing. Greeley and Weld County/Upstate Economic Development are “pro-growth” and have created many initiatives and funds to attract business and economic growth in Northern Colorado. Some of these initiatives and funds include the Weld Business Loan Fund, the Greeley Community Development Fund, and the Infrastructure Grant Program. The Northern Colorado/Weld County industrial market has remained stable with zero vacancies in properties over 200,000 sq. ft.

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.