There is no slowdown in the Cheyenne market.  Low interest rates, an attractive tax climate and continued growth of the medical industry, State and Federal government and regional distribution centers have helped to keep this market strong.  The oil and gas boom is raising the demand throughout the entire state, including Cheyenne.

Cheyenne is experiencing a very strong inbound migration from Colorado, California, Arizona, and Utah.  Federal employees from Washington, DC, and other areas are being relocated to Cheyenne.  This strong housing demand for the past several years has also impacted the commercial and industrial markets.  The addition of several new master planned communities and residential developments, such as The Pointe, Mustang Ridge, Harmony Meadows and South Park Estates, have created a need for retail and service centers.  

In recent years, Cheyenne has become more diversified as new corporations relocate to the area.  We are an economy that is now more than just cowboys and tourism, with medical services, software development, engineering, financial services and distribution centers, just to name just a few.

The city's manufacturing sector has been responsible for the unprecedented growth east and west of town.  And the newly announced Marriott Hotel under construction at Gateway Plaza and the proposed Technology Center, located at Fox Farm Road and Walterscheid Road, will attracted smaller high tech companies.  South Cheyenne is ripe for the development of a technology corridor that will bring bring new jobs and new companies to the area. 

Developers in the Cheyenne commercial and industrial arena have met the needs of this fast growing economy by adding corporate business parks, industrial parks and state of the art office buildings to accommodate these companies and their staffs.

Opportunities still exist for any company that wants to purchase land for their own custom office or warehouse headquarters.

Grubb & Ellis|Wyoming can assist you with the purchase, lease/purchase, lease/option or lease of such property.  We are familiar with the areas in which these properties are located, zoning ordinances and restrictions as well as the fair market value of properties.  Many properties are not really actively "on the market," but the Grubb & Ellis|Wyoming team locates suitable properties and goes directly to the owners, many of whom are located out of state, in order to purchase or lease a building for their clients.

Financing commercial/industrial properties is a very different situation than the financing of a home or townhouse.  The Grubb & Ellis|Wyoming team specializes in obtaining and finalizing special Small Business Association (SBA) loans offered to all types of businesses.  Within the parameters of the SBA and commercial loan programs, special loans are are also available to bona fide minority-owned and woman-owned businesses. 

In many instances, commercial loans require extensive business plans and projections, especially for a new resident or someone with a start-up business.  Grubb & Ellis|Wyoming's professionals help buyers "package" that required information.  Not only are they experienced in negotiating the price of the property, but also the incidental charges that can cost thousands of dollars...such as commercial appraisals, environmental studies, contractor bid packages, etc. 

Only an experienced, licensed and insured commercial brokerage can offer the special services a buyer requires when looking at commercial and industrial property.  Call Grubb & Ellis|Wyoming at (307) 432-4070 for more information about commercial, industrial and investment purchases, leases lease/purchases or lease/options.