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s the Grand Junction Economic Partnership (GJEP) continues to navigate the ever-changing commercial real estate landscape, a surge in inquiries from businesses seeking to relocate or expand into the area has become a welcome trend. "Finding the right fit is crucial," says Matt Bell, GJEP's Business Development Manager. "We're not just brokers; we're matchmakers, connecting businesses with properties that meet their unique needs."

    To facilitate this process, GJEP gathers detailed information about each business's commercial property requirements and shares it with local brokers. These experts then scour the market for available or soon-to-be-listed properties that align with the company's specifications. The business reviews these options, and GJEP facilitates connections between the parties to guide them through the selection process.

    According to GJEP's 2024 annual report, industrial projects dominated inquiries at 68%, followed by office spaces at 18.2%. However, a notable shift has occurred in recent years, with demand for larger properties – particularly those in the 10,000- to 15,000-square-foot range – on the rise. Businesses are also expressing interest in even bigger spaces, such as 100,000-square-foot facilities.

    This trend is a positive sign of economic growth, Bell notes. "Larger projects considering Mesa County is a testament to our community's appeal." While inquiries slowed in the fourth quarter, the first quarter saw several businesses express interest in real estate opportunities within the county.

    Notable relocations include Goose Gear and Morgan Mining, which are expected to create 49 and 893 new primary jobs, respectively. The Las Colonias area has also seen significant development, with Bonsai Design and OakStar Bank serving as anchor tenants. This shovel-ready site, situated along the Colorado River and near Downtown Grand Junction, continues to attract businesses within and outside the valley.

    Beyond site selection, GJEP plays a vital role in helping commercial brokers secure performance-based incentives that can be a deciding factor in closing deals. "We're not just facilitators; we're partners," Bell emphasizes. "When a business is on the fence about signing a lease or purchasing a building, a performance-based incentive from the state can tip the scales in favor of the transaction moving forward."

    This year, GJEP will host an inaugural site selector familiarization tour, bringing top professionals to visit Mesa County and explore available development opportunities. "It's a proactive approach to business attraction," Bell explains. "Rather than waiting for companies to discover Grand Junction, we're bringing them here to experience our advantages firsthand."