70,000 Commercial Square feet leased in
Longmont, CO
Creative Foam, a designer and manufacturer of foams
and plastics for the automotive, medical, and composite markets, announced in
January 2009 that it is leasing 70,000 square feet in
Longmont, Colorado. The Michigan-based company is expanding in
Colorado to service Danish wind turbine manufacturer Vestas Wind
Systems, which opened its first North American manufacturing facility in
Windsor in 2008 and is further expanding in the state with other facilities
planned in Brighton and Pueblo.
Recently with the economic malaise
in the country, even Vestas announced a temporary hiring freeze but hopefully
this will not last long. It's definately good to see new industry moving
into
Colorado, and the
Longmont area is a
great place to live in the north Denver Metro region.
This
lease by Creative Foam underscores again that
Colorado commercial
space and housing is recovering at a better rate than that of nation as
a whole. While we're glad for our good fortune, we hope that the rest of
the country also gets some more positive news on homes selling and commercial
space moving again soon.