The Northern Colorado Real Estate Market
September 12, 2025
Key Takeaways
Northern Colorado is home to a fast-growing mix of communities where opportunity and quality of life come together. Cities like Fort Collins, Greeley, and Loveland combine a diverse economy, expanding job base, and steady population growth to create a strong foundation for commercial real estate investment. The region’s appeal stretches from established corporations to startup hubs, and from agricultural producers to advanced tech and energy firms. Buyers and brokers have used Crexi to close more than $615 billion in asset sales, representing upwards of $7 trillion in value. This impressive scale of recent transactions reflects how quickly markets like Northern Colorado are evolving - and why they remain on the radar of both local and national investors. And with Crexi, brokers have the innovative tools needed to exceed the expectations of buyers and tenants interested in everything this scenic region has to offer. Crexi proudly serves Northern Colorado, Loveland, Fort Collins, Greeley, and surrounding cities as the fastest-growing online commercial real estate marketplace.
The State of Commercial Real Estate in Northern Colorado
Northern Colorado offers a rare balance of natural beauty and economic strength. Anchored by the Rocky Mountains to the west and open plains to the east, the region has attracted a steady stream of residents and businesses. Across the region, commercial and multifamily properties remain in high demand. Low vacancy rates, steady job creation, and rising population growth make Northern Colorado an attractive market for investors seeking both resilience and upside.
Northern Colorado Regional Overview
Northern Colorado Regional Overview
Encompassing nearly 6,700 square miles, Northern Colorado includes several cities and towns in Larimer and Weld Counties. According to the U.S. Census, the state as a whole grew by more than 182,000 residents between 2020 and 2024, with over 20% of that growth attributed to Weld County alone. Much of Weld County’s population growth is happening in the city of Greeley, a young, diverse community predicted to double in size by 2050.
Northern Colorado Job Market
Northern Colorado Job Market
The Northern Colorado job market is defined by diversity, creativity, and opportunity. The region is growing and evolving, with a youthful and talented workforce across sectors including manufacturing, energy, technology, and professional services. At the state level, employment and new business filings have surged, marking one of Colorado’s strongest quarters on recent record. Meanwhile, the overall job market remains resilient, with annual job growth continuity - even if the fact of national uncertainty. Together, these trends illustrate why Northern Colorado is becoming a go-to investment area: a growing, dynamic economy powered by new ventures, steady job creation, and a workforce ready to meet tomorrow’s challenges.
Northern Colorado Industrial Market
Northern Colorado’s industrial sector is holding steady in 2025, marked by tight vacancies and ongoing construction activity. Demand remains broad-based, with logistics, manufacturing, and service providers continuing to shape the landscape across Fort Collins, Greeley, Loveland, and the I-25 corridor.
One of the biggest stories on the horizon is the massive Amazon logistics facility, still under construction and expected to reshape the I-25 North submarket once it delivers later this year. While absorption has slowed compared to the boom years, leasing momentum and new projects keep the market moving, underscoring the region’s long-term role as a key distribution and employment hub for Colorado.
Market overview (CBRE Northern Colorado Industrial Figures H1 2025)
Market overview (CBRE Northern Colorado Industrial Figures H1 2025)
- Inventory: 37,343,192 SF
- Vacancy rate: 3.9%
- Net absorption: 181,181 SF (YTD)
- Under construction: 4,070,850 SF
- Key projects under construction: Amazon Logistics Facility (3,870,000 SF; est. completion Q4 2025), 2497 W I-25 Frontage Rd (75,000 SF; est. completion Q3 2025), 10923 W I-25 Frontage Rd (50,000 SF; est. completion Q3 2025)
- Largest submarkets: Fort Collins, Greeley/Evans, I-25 North, Loveland/Berthoud
Crexi Insights
Fort Collins
For Lease (active)
- Asking rate/SqFt (median): $13 per year
- Median SqFt/listing: 3,269
- Days on market: 166
- Total listings on Crexi: 63
For Sale (active)
- Median asking price: $1.5 million
- Price/SqFt: $198
- Asking cap rate: 7.8%
- Days on market: 317
- Total listings on Crexi: 25
Sales Comps (past 12 months)
- Median sold price: $664,500
- Sold price/SqFt: $203
- Total sales volume: $50.5 million
- Median SqFt sold/transaction: 6,812
- Total SqFt sold: 391,900
- Days on market (median): 307
Greeley
For Lease (active)
- Asking rate/SqFt (median): $14 per year
- Median SqFt/listing: 9,656
- Days on market: 248
- Total listings on Crexi: 18
For Sale (active)
- Median asking price: $1.6 million
- Price/SqFt: $142
- Asking cap rate: 7.0%
- Days on market: 110
- Total listings on Crexi: 20
Sales Comps (past 12 months)
- Median sold price: $440,000
- Sold price/SqFt: $187
- Total sales volume: $24.6 million
- Median SqFt sold/transaction: 2,958
- Total SqFt sold: 177,800
- Days on market (median): 227
Loveland
For Lease (active)
- Asking rate/SqFt (median): $14 per year
- Median SqFt/listing: 2,105
- Days on market: 373
- Total listings on Crexi: 96
For Sale (active)
- Median asking price: $1.8 million
- Price/SqFt: $215
- Days on market: 384
- Total listings on Crexi: 30
Sales Comps (past 12 months)
- Median sold price: $385,000
- Sold price/SqFt: $162
- Total sales volume: $40.1 million
- Median SqFt sold/transaction: 1,640
- Total SqFt sold: 225,000
- Days on market (median): 52
Northern Colorado Office Market
Northern Colorado Office Market
Northern Colorado’s office market is adjusting to a slower pace in 2025. Leasing activity has softened, with absorption dipping into negative territory after modest gains at the end of last year. The delivery of Riverbend Urban Village – Building 2 in Fort Collins has added some fresh space, but no new projects have broken ground so far this year, underscoring a cautious development pipeline.
Even with those headwinds, core submarkets like Fort Collins and Greeley continue to attract steady interest, supported by a growing mix of local businesses, universities, and healthcare providers.
Market overview (CBRE Northern Colorado Office Figures H1 2025)
Market overview (CBRE Northern Colorado Office Figures H1 2025)
- Inventory: 10,460,981 SF
- Vacancy rate: 6.5%
- Net absorption: -37,232 SF (YTD)
- Under construction: 0 SF
- Notable completions: Riverbend Urban Village – Building 2 (Fort Collins-Southeast submarket)
- Largest submarkets: Fort Collins Southeast, Greeley West, Fort Collins Downtown, Fort Collins Midtown
Crexi Insights
Crexi Insights
Fort Collins
For Lease (active)
- Asking rate/SqFt (median): $18 per year
- Median SqFt/listing: 1,997 SF
- Days on market: 229
- Total listings on Crexi: 220
For Sale (active)
- Median asking price: $921,600
- Price/SqFt: $221
- Asking cap rate: 6.9%
- Days on market: 271
- Total listings on Crexi: 53
Sales Comps (past 12 months)
- Median sold price: $1.5 million
- Sold price/SqFt: $211
- Total sales volume: $33.3 million
- Sold cap rate: 6.1%
- Median SqFt sold/transaction: 5,613 SF
- Days on market (median): 461
Greeley
For Lease (active)
- Asking rate/SqFt (median): $14 per year
- Median SqFt/listing: 9,656 SF
- Days on market: 248
- Total listings on Crexi: 18
For Sale (active)
- Median asking price: $1.6 million
- Price/SqFt: $142
- Asking cap rate: 7%
- Days on market: 144
- Total listings on Crexi: 16
Sales Comps (past 12 months)
- Median sold price: $1 million
- Sold price/SqFt: $171
- Total sales volume: $20.9 million
- Median SqFt sold/transaction: 7,291 SF
- Days on market (median): 962
Loveland
For Lease (active)
- Asking rate/SqFt (median): $16 per year
- Median SqFt/listing: 1,911 SF
- Days on market: 328
- Total listings on Crexi: 77
For Sale (active)
- Median asking price: $817,400
- Price/SqFt: $186
- Asking cap rate: 5.1%
- Days on market: 124
- Total listings on Crexi: 29
Sales Comps (past 12 months)
- Median sold price: $375,000
- Sold price/SqFt: $168
- Total sales volume: $6.3 million
- Median SqFt sold/transaction: 2,594 SF
- Days on market (median): 291
Kansas City Retail Market
Kansas City Retail Market
The Northern Colorado retail market has held its ground in 2025, with demand staying steady and vacancy levels reaching new lows. National and regional retailers continue to target the area’s growing communities, while local operators benefit from strong consumer spending.
New projects, like the recently announced Outdoor World at Brands at the Ranch in Loveland, signal confidence in the region’s long-term growth. With shoppers and businesses alike fueling activity, retail remains one of the most dynamic pieces of the Northern Colorado commercial real estate landscape.
Market overview (CBRE Northern Colorado Retail Figures H1 2025)
Market overview (CBRE Northern Colorado Retail Figures H1 2025)
- Vacancy rate: 2.9%
- Net absorption: 155,000 SF (YTD)
- Under construction: 267,000 SF
- Notable projects under construction: Outdoor World at Brands at the Ranch (130,000 SF; Loveland)
Crexi Insights
Crexi Insights
For the latest updates on the Fort Collins office market, turn to Crexi Insights. Here is the detailed information on recent sales and leasing trends as of September 2025.
Fort Collins
For Lease (active)
- Asking rate/SqFt (median): $24 per year
- Median SqFt/listing: 2,400 SF
- Days on market: 163
- Total listings on Crexi: 116
For Sale (active)
- Median asking price: $1.4 million
- Price/SqFt: $189
- Asking cap rate: 6.7%
- Days on market: 211
- Total listings on Crexi: 29
Sales Comps (past 12 months)
- Median sold price: $1.6 million
- Sold price/SqFt: $280
- Total sales volume: $39.4 million
- Median SqFt sold/transaction: 4,761 SF
- Days on market (median): 461
Greeley
For Lease (active)
- Asking rate/SqFt (median): $17 per year
- Median SqFt/listing: 3,027 SF
- Days on market: 154
- Total listings on Crexi: 39
For Sale (active)
- Median asking price: $1.3 million
- Price/SqFt: $138
- Asking cap rate: 7%
- Days on market: 90
- Total listings on Crexi: 19
Sales Comps (past 12 months)
- Median sold price: $675,000
- Sold price/SqFt: $182
- Total sales volume: $37.8 million
- Sold cap rate: 8.5%
- Median SqFt sold/transaction: 2,657 SF
- Days on market (median): 398
Loveland
For Lease (active)
- Asking rate/SqFt (median): $17 per year
- Median SqFt/listing: 1,800 SF
- Days on market: 370
- Total listings on Crexi: 64
For Sale (active)
- Median asking price: $1.3 million
- Price/SqFt: $182
- Asking cap rate: 6.2%
- Days on market: 81
- Total listings on Crexi: 20
Sales Comps (past 12 months)
- Median sold price: $988,000
- Sold price/SqFt: $215
- Total sales volume: $77.5 million
- Median SqFt sold/transaction: 4,436 SF
- Days on market (median): 175
Northern Colorado Multifamily Market
Northern Colorado Multifamily Market
Northern Colorado’s multifamily sector is steadying after a few turbulent years, with renters still drawn to the region’s mix of lifestyle and job opportunities. Vacancy has tightened compared to last year, showing that demand remains healthy even as new projects continue to hit the market.
Leasing activity is holding up, supported by steady absorption and solid rent levels across Fort Collins, Greeley, and Loveland. At the same time, construction has slowed from earlier peaks, which should help keep the market balanced.
Market overview (Colliers Northern Colorado Multifamily Market Report Q1 2025)
Market overview (Colliers Northern Colorado Multifamily Market Report Q1 2025)
- Vacancy rate: 5.4%
- Net absorption: 556,000 units (YTD)
- Under construction: 1,196 units
- Average asking rent (per unit): $1,625
- Notable sales: 4470 S. Lemay Ave (248 units; Fort Collins), 500 Apex Dr (120 units; Windsor)
Crexi Insights
Crexi Insights
Fort Collins
For Sale (active)
- Median asking price: $1.7 million
- Price/SqFt: $314
- Price/Unit: $237,500
- Asking cap rate: 5.6%
- Days on market: 22
- Total listings on Crexi: 6
Sales Comps (past 12 months)
- Median sold price: $385,000
- Sold price/SqFt: $314
- Sold price/unit: $3319,900
- Total sales volume: $116.5 million
- Total SqFt sold: 1.1 million
Greeley
For Sale (active)
- Median asking price: $937,500
- Price/SqFt: $229
- Price/Unit: $181,100
- Asking cap rate: 6.7%
- Days on market: 95
- Total listings on Crexi: 10
Sales Comps (past 12 months)
- Median sold price: $334,200
- Sold price/SqFt: $208
- Sold price/unit: $314,600
- Total sales volume: $127.2 million
- Total SqFt sold: 607,900
- Days on market (median): 285
Loveland
For Sale (active)
- Median asking price: $985,000
- Price/SqFt: $260
- Price/Unit: $207,000
- Asking cap rate: 6.3%
- Days on market: 89
- Total listings on Crexi: 7
Sales Comps (past 12 months)
- Median sold price: $415,000
- Sold price/SqFt: $234
- Sold price/unit: $370,000
- Total sales volume: $66.5 million
- Sold cap rate: 8%
- Total SqFt sold: 841,200
Get more in-depth Northern Colorado market data with Crexi Intelligence.
