Construction starts at Forest Lakes
Hundreds of new homes and a commercial development soon will occupy more than 1,000 acres of rolling hills west of Interstate 25, just off Baptist Road. Forest Lakes, an El Paso County subdivision that was on hold while the economy recovered, will eventually have about 475 homes on 867... Read more
Downtown commercial space ‘tightening up’
Simon Penner of CameronButcher Commercial Real Estate brokered a number of leases recently for downtown commercial properties. He represented both the lessee and the lessor on all of them. “Space is tightening up in downtown Colorado Springs,” Penner said. The properties include: • A new quick-serve sushi restaurant at... Read more
Internet helps sell, buy real estate
Today many people begin their search for a new home on the Internet. Over the last decade or so the resources for finding and reviewing properties have increased and improved significantly though some online resources are considerably more reliable than others, according to a release sent this week by... Read more
Commercial lots change hands
Bruce C. Padgett sold his 24,000-square-foot property at 5731 Silverstone Terrace recently to Value Investment Group for $1.3 million. Ted Link of Cascade Commercial was the seller broker and Weston Thomas of Colorado Springs Commercial was the buyer broker. Weichert Realtors recently completed the sale of several properties, all... Read more
Nicklasson and Loo give Blue Dot tours
The two Colorado Springs women behind Blue Dot Place, a 33-unit apartment complex under construction in south downtown, showed their enthusiasm while hosting public tours of their brainchild development on June 18 and June 23. Kathy Loo and Darsey Nicklasson, two halves of BDP Development LLC, together led a... Read more
Commercial property sold
Several commercial properties changed hands in the Pikes Peak region recently. The Jerald M. Barnett Revocable Trust sold its commercial office property at 6040 and 6050 Erin Park Drive for $1.2 million recently. The property sold to Playdate Inc. The seller broker was Aaron Horn of Colorado Springs Commercial,... Read more
Residential sizzles into summer
Approximately seven years after the bubble burst heard ’round the world, residential real estate in Colorado is making a comeback in a big way. Demand is up and supply is down statewide, leading to increased residential property values and a market, depending on which side of the Palmer Divide... Read more
Commercial property sold
Greg Kaufman of Cushman & Wakefield in Colorado Springs brokered the $5.35 million sale of 4663 Centennial Blvd. The 57,640-square-foot commercial mall property is now owned by Moeser Square Partners, a foreign limited liability company whose principal office address is in Salida. Greg Powell is the registered agent, according... Read more
Real estate action picks up
Greg Kaufman brokered the $5.35 million sale of a 57,000-square-foot commercial building at 4663 Centennial Boulevard in Colorado Springs. The seller was Centennial Colorado Partners, and the buyer was Moeser Square Partners. The buyer Broker was Jerry Knauf of the London Group. Cascade Commercial Group (CCG) represented Dr. Nawei... Read more
Harry Salzman sold real estate from the same 538 Garden of the Gods Road location for more than 30 years. Monday, Salzman merged his company with ERA Shields, 5475 Tech Center Drive. That day, his Realtor license officially transferred to ERA Shields. Later in the week, the former Salzman... Read more