real estate

Pandemic helps drive Colorado real estate boom

Aug 18, 2020
Laura Palmisano

 Home sales are booming in the West despite the economic downturn. In Colorado, sales broke records last month. Realtors across the state say they are seeing available real estate sell quickly in urban and rural areas. For KVNF News, Laura Palmisano explores what’s behind this trend.

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  • Poll finds Mitsch Bush, Boebert tied in Third District
  • Trump plans to withdraw Pendley nomination for BLM
  • Should we be naming heat waves?
  • Laura Palmisano reports on record-breaking home sales in Colorado

Growing Marijuana Industry Creates Real Estate Rush

Nov 7, 2014

The showing starts inside an empty office building, the kind you’d see in any humdrum workplace sitcom, stripped of its cubicles and ceiling tiles, leaving just a bare, dusty shell.

Jason Thomas with Avalon Realty Advisors, a commercial real estate firm that deals with the marijuana industry’s entrepreneurs, shows off the building’s features: a fully operational HVAC system, fire sprinklers, heavy duty warehouse doors, equipped with locks.

It’s a blank slate for a marijuana grower, ready to be outfitted with thousands of lights and complex water delivery systems.

Legalizing marijuana in Colorado created a land rush. State law says the drug has to be grown indoors, but layers of regulation meant to curb out of state investment and tight zoning requirements have made real estate hard to come by for pot growers.