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Besherit, LLC recently selected Griffis/Blessing as the commercial property services group to manage Mountain Shadows Professional Center at 5731 Silverstone Terrace. The 23, 948-square-foot office building was built in 2000 and will be handled by Griffis/ Blessing Portfolio Manager Liz Seeger and portfolio assistant, Courtney Brunner, overseeing day-to-day operations at the...
El Paso County saw fewer foreclosures last year than it has in recent history — a statistic that bodes well for the health of the local economy, but makes the Colorado Springs real estate market a more challenging one for investors. There were 1,287 foreclosure filings in El Paso County...
The Colorado Springs-based real estate firm Quantum Commercial Group expects 2016’s strong economic trends to continue during the new year — across both the commercial and residential markets. “We all believe that 2017 is staged for continued expansion and growth in both new and existing companies and employees for our...
As the clock struck midnight last New Year’s Eve, Colorado Springs real estate experts believed 2016 would prove to be one of the strongest years in the history of the city’s commercial and residential markets. They were right. The past 12 months have produced a meteoric rise in home values and...
While 2016 is proving to be another record-breaking year for the local residential real estate market, the increasing likelihood of mortgage rate hikes is creating uncertainty for some and opportunity for others. Although November saw a slight dip in home sales, monthly sales grew 46.7 percent above the same time...
If you’re a millionaire looking to pay cash for a luxury home in the Rocky Mountain foothills, Colorado Springs is the market for you. While the bottom part of the housing market continues to heat up — driving availability down and prices to record highs — local real estate agents...
Weichert Realtors brokered the sale of 1031 S. Tejon St., a 571-square-foot office space in downtown Colorado Springs. Mike Berger of Weichert Realtors represented the seller Blair Family Trust and Rob Rolley of ReMax Properties Commercial represented the buyer Schiedel. Also in July, Weldon Shaver of Weichert Realtors brokered the...
It looks like more DIY movers are heading west, parking and unpacking in Colorado Springs. LawnStarter, a Texas-based startup that helps people book affordable lawn care, published a report on its blog July 27 listing Colorado Springs No. 3 for “America’s 12 Most On-the-Move Metros.” Data released July 21 from the U.S....
A number of new commercial leases and management decisions have been made recently. The Quantum Commercial Group Inc. signed several new leases for businesses in Colorado Springs, and Griffis/Blessing continues to expand its management holdings. Joint Effort Rehabilitation Specialists, formerly of Broadmoor Valley Road, signed a lease for 2,145 square feet...
RE/MAX Properties Inc., a real estate company in Colorado Springs, ranks No. 189 of the 500 most productive brokerages in the country, based on 2015 home sales data in the 2016 REAL Trends 500 survey. RE/MAX Properties Inc., completed $1.06 billion in sales last year. Also, RE/MAX Properties Inc. placed...
Two Pikes Peak regional housing agencies received grants totaling $90,000 this week to support housing projects in the area. Pikes Peak Habitat for Humanity was awarded $15,000 from Thrivent Financial to support the Thrivent Builds with Habitat program. Partners in Housing received a $75,000 Daniels Fund grant to support its Homeless...
Improved home sales in the Pikes Peak region have bucked the national downward trend, according to figures from the Pikes Peak Association of Realtors and the National Association of Realtors. In the Pikes Peak region, sales of single-family homes increased to 870 in February, up from 849 in January. Condominium...