Rio Grande Mexican Restaurant Expands to Loveland

CBRE arranges 6,720-square-foot lease for the chain's first location in the city.

Apr. 8, 2026 at 10:19pm

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A high-end, photorealistic studio still-life photograph featuring a polished, geometric metal sign in the shape of the Rio Grande logo, placed on a clean white seamless background and dramatically lit to highlight the premium materials and craftsmanship.The arrival of the popular Rio Grande Mexican Restaurant brand in Loveland's historic downtown signals the continued evolution and growth of the city's vibrant commercial center.Loveland Today

Rio Grande Mexican Restaurant has signed a lease for a new 6,720-square-foot restaurant in downtown Loveland, Colorado. This will be the chain's first location in the city. CBRE represented both Rio Grande and the landlord, Actian, Inc., in the deal.

Why it matters

The arrival of the popular Rio Grande Mexican Restaurant in Loveland signifies the continued growth and evolution of the city's vibrant downtown area, which is attracting new businesses and commerce to the community.

The details

The new Rio Grande restaurant will be located at 225 E. 4th St. in a historic building constructed in 1893. The building sits on Loveland's main street in the downtown area and is directly across from the Rialto Theater. The lease was arranged by CBRE brokers Melissa Moran, Alexander Schultz, and Jon Rue, who represented both Rio Grande and the landlord, Actian, Inc.

  • Rio Grande signed the 6,720-square-foot lease in April 2026.
  • The new restaurant is planned to open in Q1 2027.

The players

Rio Grande Mexican Restaurant

A popular Mexican restaurant chain that is expanding to Loveland, Colorado with its first location in the city.

CBRE

A commercial real estate services and investment firm that represented both Rio Grande and the landlord, Actian, Inc., in the lease transaction.

Actian, Inc.

The landlord that owns the historic building at 225 E. 4th St. in downtown Loveland where the new Rio Grande restaurant will be located.

Melissa Moran

A CBRE broker who represented both Rio Grande and Actian, Inc. in the lease deal.

Alexander Schultz

A CBRE broker who represented both Rio Grande and Actian, Inc. in the lease deal.

Jon Rue

A CBRE broker who represented both Rio Grande and Actian, Inc. in the lease deal.

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What they’re saying

“Since our first visit to Loveland, everyone has welcomed us with open arms. We are very excited to join this friendly, vibrant community. We will work hard to bring the people of Loveland some delicious food and FUN!”

— Steve Richter, COO of Rio Grande

“Rio Grande's arrival in Loveland signifies the continued evolution of a vibrant downtown area that attracts both residents and visitors alike. This addition will spur new business and commerce within the community and positions 4th St. at the heart of Downtown Loveland once again.”

— Melissa Moran, CBRE Broker

“We're excited to see the Rio coming to downtown Loveland. They are a highly respected operator, and we believe they will add to the energy and continued growth of our downtown. We're proud to be part of that progress and to partner with them on this project. I'm looking forward to raising a margarita here when they open.”

— Eli Scott, Managing Director of Actian, Inc.

What’s next

The new Rio Grande restaurant in Loveland is planned to open in Q1 2027.

The takeaway

The arrival of the popular Rio Grande Mexican Restaurant in downtown Loveland is a significant milestone for the city, signaling the continued growth and evolution of its vibrant urban core. This new addition is expected to spur further business and commerce, positioning 4th Street at the heart of the community once again.