B
y the end of Q3 2025, Grand Junction had 151 commercial property closings, matching the 147 YTD closings of 2024 but generating $203 million in sales—up from $148.8 million in 2024’s first three quarters. The quarter’s headline deal was the 400,000‑sq‑ft, 30‑acre Mesa Mall, sold for $49 million in July. The mall also drew attention when Natural Grocers moved into the former Sutherlands building west of the mall, opening a larger store on Dec. 17.
Other notable transactions included Peach Street Distillers in Palisade, sold for $1.23 million to Michael and Cody Butters Lewis with partners Jesse and Desa Loughman of Colorado Weedery. The former Guild Mortgage office at 501 Main St. changed hands for $2.5 million in July. Dutch Bros Coffee, which opened at 29 Road and North Avenue in January, sold for $2.66 million in August. Red Fox Cellars on 36 Road near Palisade closed in September after a $2.15 million sale; the winery, opened in 2014, had earned Colorado Winery of the Year in 2017.
Active listings dipped slightly from 208 to 205, while leases hovered around 180. Permits issued YTD rose 23 % over 2024, excluding remodels. Sales‑tax data from Mesa County’s finance department mirrored this growth: construction tax up 23.5 %, finance 24.9 %, and professional services 14.8 %. “The uptick reflects sustained confidence in Mesa County’s commercial market,” the Bray report noted, adding that rising construction costs, material and labor shortages, and longer timelines remain challenges, yet expanding industries and a growing population continue to create development opportunities.
