Brian Smerud who is the Principle of Poudre Bay, is also a partner in Vuelo Investments, vueloinvestments.com. Vuelo acquired the Harmony Commons Retail Center in August, 2024. The property is Class A retail that consists of 25,701 square-feet of multi-unit retail across two buildings on 2.90 acres of land. The Location is in a prime retail area of southeast Fort Collins, CO and is highly sought after by restaurants and other experiential retail.
Vuelo acquired the property with one unit vacant. Vuelo has proceeded to add value by immediately leasing the vacancy to a new restaurant, and by increasing Retail Sales Fee’s on the property. The asset is now being held for investment.