Cushman & Wakefield facilitates investment sale
Cushman & Wakefield facilitated an investment sale of 745 Space Center Drive, a Class A, two-story, 51,770-square-foot office building, currently occupied by Booz Allen Hamilton. The property closed April 12 and sold for $9.15 million, or $177 per square foot, to a private individual.
Aaron D. Johnson and Jon D. Hendrickson, managing directors, Cushman & Wakefield Denver’s Capital Markets Group, facilitated the transaction.
Built in 2006, the property was 100 percent occupied when purchased.
Colorado Springs Health Foundation approves grants
The Colorado Springs Health Foundation Board of Trustees recently approved $3.4 million in grants to 33 organizations serving El Paso and/or Teller counties. Several of these are multi-year grants. These grants address one or more of the foundation’s funding focus areas:
• Access to care for those in greatest need
• Health care workforce shortage
• Suicide prevention
• Healthy environments
These funding focus areas were developed and refined based on the foundation’s mission, local needs, stakeholder input and insights, and the evidence behind what influences community health. For a full list of this year’s recipients, visit cshf.net.
Colorado’s Rib & Chop House opening in late April
Colorado’s Rib & Chop House plans to open April 29. Located at 5935 Dublin Blvd., Suite 190, the new restaurant will become the company’s 10th Rib & Chop House. With existing locations in Montana, Utah and Wyoming, this will be the first Colorado opening. The restaurant will be open from 11 a.m.-10 p.m., Sunday-Thursday and 11 a.m.-11 p.m., Friday and Saturday. For more information, visit RibAndChopHouse.com.
Absolute Body Balance opens new downtown location
Absolute Body Balance opened a downtown location at 123 E. Costilla St. This is the company’s third location in Colorado Springs and is the first to be employee franchised.
Absolute Body Balance is headquartered in Colorado Springs and the company has 30 employees. More information can be found at absolutecos.com.
Live Dream Colorado donates to TOSC
Live Dream Colorado, a local real estate firm composed of Realtors Lauren D. Collier and Rob Hoben, donated $2,688 to the Trails and Open Space Coalition. As a member of international nonprofit organization 1% for the Planet, Live Dream Colorado pledges to donate 1 percent of annual income to support the environment. This is the fifth consecutive year they have fulfilled their giving pledge to TOSC, donating a total of $9,874.61 since December 2015.
The coalition, represented by Executive Director Susan Davies and Outreach Director Eileen Healy, accepted the donation April 19. In the past year, the funds raised by Live Dream Colorado and others have added acres to Blodgett Open Space and Corral Bluffs Open Space, aided advocacy for the Bike Master Plan and advanced the Ring the Peak Trail project. TOSC works to preserve open space and parks, and to create a network of trails, bikeways and greenways for the Pikes Peak region.
Atlas, Early Connections awarded grants
Atlas Preparatory School and Early Connections Learning Centers will receive a $15,000 grant April 30 on behalf of local wealth management firm Dunn Perrault & Associates, led by Mark Perrault and Charlie Dunn. The firm was chosen as one of the Northwestern Mutual Foundation’s 2019 Community Service Award winners. Each year, the company recognizes its financial professionals for their passion and dedication to community support through volunteerism. This year marks the 25th anniversary of the Community Service Awards program.
Dunn Perrault & Associates will present the grants to both organizations on Tuesday, April 30, at Brooklyn’s on Boulder Street. The two organizations will use the funds to secure matching donations from a family foundation. Atlas Preparatory School will use the collective funding to increase participation in its REACH Beyond program, and Early Connections Learning Centers will put the funds toward broadening its behavioral health program.