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A nice neighborhood; cheap property; tenants waiting in the wings. It’s as easy as Eight Nine Ten. Owned by RD and Holly Trinidad and her father Tim Leigh, Eight Nine Ten is a subsidiary of Hoff & Leigh Commercial Real Estate, a Colorado Springs-based, full-service brokerage. Eight Nine Ten has begun renovating its second acquisition […]
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Home prices continue to rise in the Colorado Springs area, but that’s partly a reflection of the increased cost of building new homes. New-construction prices are going up, thanks partly to a spike in the cost of materials, particularly lumber, as well as labor costs. “Resales [of homes] track new construction. And prices are absolutely […]
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The Colorado Department of Transportation announced Thursday the apparent successful proposing team of Kraemer North America, LLC and Tsiouvaras Simmons Holderness to reconstruct the Interstate 25/Cimarron Street interchange. “At $116.1 million, this will be the second largest highway construction project in the Pikes Peak region since COSMIX — the reconstruction of I-25, was completed in […]
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The wait is over. Now the tough part begins for everyone affected by the Interstate 25/Cimarron interchange project. Serious work begins with the first night-time lane closures on Sunday, March 13, as Phase 1 of construction begins on the $113 million design-build undertaking. The first steps include re-striping and narrowing lanes on I-25 as well […]
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Judging by recent conversations with some of the commercial real estate community’s finest, the Pikes Peak region is suffering a few setbacks, but most brokers are busy. Foreclosures are up (29 recorded in the Daily Transcript this week), but savvy investors are poised for bargains – and new employers are still making announcements. Here’s hoping […]
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It’s an afterthought — the 7,488-square-foot scrap of land sliced from lot 12, block 134 of the city of Colorado Springs. Located at 210 Pueblo Ave., immediately west of the Tim Gill Center for Public Media, the long-vacant south downtown lot came on the market in a 2013 estate sale. Commercially zoned, roughly triangular in […]
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The two concrete tilt-up structures will house the offices of entrepreneur Tim Dumler’s Larkspur-based Off the Chain LLC and are scheduled to be completed in June 2014, according to the release. Bryan Construction will also conduct all other work related to the Caprice Court site, including utilities, over-lot and landscaping. Documents from the Douglas County […]
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No flowery prose today – there’s too much real estate news to pass on. From the opening of the 2002 Parade of Homes to the Urban Land Institute’s mid-year projections and a plethora of new transactions to report, the dog days of August will be anything but dull. HBA’s Parade of Homes Runs August 9-25 […]
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Transactions in northeastern El Paso County may occur at a slower pace than in Colorado Springs, but they’re catching up, say people familiar with real estate deals in Falcon. Many people who move to the Falcon area want the rural lifestyle, along with acreage for their boats, fifth wheels, ATVs, dogs, horses and other animals. […]
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Chuck Murphy is known in Colorado Springs as a faithful Catholic, a smart businessman, an ardent Democrat, a kind and giving philanthropist and a loving husband, father, grandpa and great-grandpa who’s also proud and Irish with a fun sense of humor. The 79-year-old Colorado Springs native and owner of Murphy Constructors took time with the […]
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The Colorado Springs multifamily housing market has in recent weeks seen the sale of two large apartment complexes totaling nearly $130 million — bringing total sales volume for the year to around $500 million and underscoring the strength of the local real estate economy. The 440-unit Grand River Canyon apartment community in north-central Colorado Springs […]
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Blue Dot starts a new trend

“Why are we going ahead?” asked Darsey Nicklasson. “Because Colorado Springs needs this.” In a letter explaining their decision to go ahead with their long-planned, 33-unit Blue Dot apartment development on South Nevada Avenue, Nicklasson and partner Kathy Loo made their point in a single sentence. “We will continue to be a very active part […]
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