MAVD West to develop flex building at Harmony Tech

Date: Aug. 2nd, 2010
Contact: Kevin Brinkman Phone: 970.206.4500

CREJ - by Jill Jamieson-Nichols

A 50,000-square-foot flex building aimed at keeping big users in Fort Collins is coming to Harmony Technology Park. Developer MAVD West LLC is so sure of a need for flex space in Fort Collins that it might even build the approximately $6 million building on a speculative basis – something developers haven’t done since the economy tanked two years ago.  

“This kind of product in our opinion does not exist in Fort Collins, and there’s very, very little of it in Northern Colorado. So we think it provides a nice niche to fill a need that we see the market is looking for,” said MAVD President Rob Aldrich. A couple of users – one of which is large enough to kick the project into high gear – are looking at the building, said listing broker Kevin Brinkman of Brinkman Partners. But Brinkman thinks even without a lead user, there’s enough demand to lease up the building by completion.

Click here to view entire article...