TAYO: Cannabis Industry Continues to Drive Red-Hot Denver Warehouse Market

HOUSTON--(BUSINESS WIRE)-- Taylor Consulting, Inc. (OTCBB: TAYO) is planning a potential jump into Denver’s red-hot warehouse market as the state of Colorado’s cannabis industry continues to drive up demand.

Since voters in Colorado legalized cannabis in 2012, growers and distributors have snatched up nearly all of the available warehouse space in Denver, which is a major Western logistics hub. Cannabis producers require large spaces to grow, package and store their products, and the Wall Street Journal reported earlier this week that these cannabusinesses now take up a third of all the warehouse space leased in Colorado over the past 18 months.

The city’s warehouse crunch could spell opportunity for TAYO and its real estate division, Third Avenue Development.

“Colorado’s cannabis industry is poised to expand just as fast as the available real estate will allow,” said TAYO CEO Scott Wheeler. “Tenants are competing hard for spaces, and we believe there may be an opportunity in Denver and other markets to capitalize on the enormous demand from the rapidly emerging cannabis sector.”

TAYO has enjoyed numerous profitable sales of its West Texas properties this year, and now the company is looking for promising new real estate opportunities across the nation. Along with potential properties in Colorado, the Company is looking at potential properties in Nevada, where recreational adult-use cannabis is on the state’s ballot for 2016. The Company is also planning to scout New York, Vermont, and other states where adult-use cannabis legislation is a possibility.

For more information, visit www.ThirdAvenueDevelopment.com.

About Taylor Consulting Inc.

Taylor Consulting, Inc. (TAYO) recently created Third Avenue Development, LLC as a new division whose primary goal is to invest in promising real estate assets to compete alongside American Homes 4 Rent (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity Residential (NYSE: EQR), Essex Property Trust Inc. (NYSE: ESS) and others.

Third Avenue Development, a premier hybrid real estate investment and development company, is building an emerging portfolio of real estate assets for investment, rehabilitation and resale. The company is focused on acquiring properties in the country’s top-performing housing markets in order to capitalize on the continued recovery and growth of the U.S. real estate marketplace. For more information, visit www.ThirdAvenueDevelopment.com.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150827005307/en/

Taylor Consulting, Inc.
Scott Wheeler, 713-840-6099
President and CEO
[email protected]

Source: Taylor Consulting, Inc.

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