Business Briefs Dec. 1, 2014
Q&A on functional medicine
Join Mike Bartell, D.C., C.F.M.P, for a Q&A on functional medicine at 7:30 p.m. today at Midland Fitness in Glenwood Springs (100 Midland Ave. Ste. 250. 945-4440) or 10 a.m. Dec. 3 at New Castle Family Fitness (820 Castle Valley Blvd. Ste. 230. 984-3200). Functional medicine is intended to address the causes of illness, not just the symptoms. It restores balance to the entire body and supports the natural ability to heal itself without the use of drugs. Call to reserve space.
Large commercial sale in Rifle
The Fleisher Company based in Carbondale recently announced the sale of a commercial retail and office building in Rifle. The building, located at 1430 Railroad in the Creekside Plaza, was once a Ben Franklin store converted in 2008 through The Fleisher Company’s development division to a multitenant facility that is now fully occupied with eight different businesses. The recent purchase was made by a Denver investor for $1 million. “Investors from the Denver Metro area and other outlying locations are increasingly looking to the Western Slope for their purchases” said Joe Carpenter of The Fleisher Company’s Rifle office who brokered the transaction. “Valuations in many of the larger markets have risen dramatically over the past couple of years, whereas, valuations here on the Western Sloperemain rational and attractive” he added. The Fleisher Company, founded in 1975, is a member of the Rocky Mountain Commercial Brokersnetwork and has offices in Carbondale, Basalt, Glenwood Springs and Rifle. The locally owned company provides residential and commercial real estate sales and leasing services, property management and property maintenance.
Chamber Calling for Nominations for Awards Honoring Achievements of Local Businesses and Individuals
Nominations are now open for the Glenwood Springs Chamber Resort Association’s (GSCRA) awards honoring local businesses and individuals. Awards include the Bosco Tourism Business of the Year, the Jim Novak Philanthropic Business of the Year, the ATHENA and ATHENA Young Professional awards and the Citizen of the Year.
The Top Brass award will recognize one outstanding business of the year for a major 2014 contribution that reflects commercial growth, creativity or community involvement. Businesses or professionals marking career milestones will earn Top Brass anniversary certificates or plaques.
This year’s gala marks the twenty second year for the annual ATHENA award that honors an exceptional local woman or man who demonstrates excellence, creativity and initiative in assisting women in reaching their full leadership potential. Last year’s ATHENA recipient was Mary Jean Carnevale.
The ATHENA Young Professional award recognizes an emerging leader who gives back to the community and serves as a role model for young women. Last year’s ATHENA Young Professional recipient was Janelle Rhoton.
Locals are also invited to thank a noteworthy fellow citizen through the Glenwood Springs Chamber Resort Association’s Citizen of the Year Award. The award is intended to honor an individual (or in particular instances a married couple) who makes a substantial contribution to Glenwood Springs. As a result of the nominee’s efforts, the community should have received notable benefits and become a better place to live and work. Last year’s Citizens of the Year were Mark and Mary Gould.
Award winners, including the Glenwood Springs High School DECA chapter’s Entrepreneur of the Year, will be honored at the chamber’s Annual Gala on Saturday, March 7 at The Hotel Colorado. Information about the event is available at glenwoodchamber.com.
Nomination forms are available at glenwoodchamber.com. The nomination deadline for all of the awards is Dec. 15. Please contact the chamber at 970-945-6589 for more information.
Carbondale Revolving Loan
The Town of Carbondale has a business loan fund to provide low-interest loans to local businesses located within the town limits of Carbondale. For more information about guidelines and the application, visit the Town’s website or call Randi Lowenthal at 970-989-8987.
Bank of Colorado and MontroseBank sign an Agreement
Dennis White, Chairman of MontroseBank in Montrose, along with Sid Dinsdale and Chris Dinsdale, Co-Chairmen of Bank of Colorado, are pleased to announce the signing of an agreement for Bank of Colorado to acquire MontroseBank, Montrose, Colorado and add their six locations to Bank of Colorado.
MontroseBank will become part of Bank of Colorado’s 37-branch network and part of Pinnacle Bancorp’s 131 locations. MontroseBank has total assets of $234 million with two locations in Montrose and one location each in Cedaredge, Delta, Hotchkiss, and Paonia, Colorado.
“We are pleased to add MontroseBank to the Bank of Colorado family and we look forward to continuing the tradition of meeting local needs through our ownership of MontroseBank,” commented Sid Dinsdale.
“The MontroseBank franchise will continue to be operated under the Bank of Colorado community banking philosophy of local management and local control,” President of Bank of Colorado Shawn Osthoff said. “The experienced staff of MontroseBank is also a key component of the acquisition.”
White added, “The agreement with Bank of Colorado is a natural fit. Both banks operate under a community banking model and support the communities which we serve. Bank of Colorado’s commitment to customer service mirrors the foundation built by MontroseBank.”
The transaction is anticipated to close in February of 2015, pending regulatory approval. Financial details of the transaction were not disclosed.
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Current owners, struggling with declining breakfast customers and staffing, hope to sell the iconic restaurant near the entrance to Carbondale.