This week the Colorado Springs Business Journal visited with a multi-discipline group of brokers from Palmer-McAllister, a local firm handling more than 300 office/commercial, retail, industrial, land sales and investment transactions annually. The following are a few of their observations and their forecasts for 2002.Office: Kent Mau (Senior Managing Director), an office broker for Palmer […]
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Redistricting discussions are building this week to a crescendo at the State Legislature. EDC, The Chamber of Commerce and the Pikes Peak Association of Realtors are all watching developments closely as the final determination could have major impact on El Paso County’s military installations and legislative bargaining in the future. Stay tuned for details on […]
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Although Colorado Springs’ industrial building space saw significant slowing in 2001, rental rates haven’t slipped appreciably compared to most major Southwest cities. Stalled technology sectors disrupted the Pikes Peak region’s industrial market and created a negative absorption rate between 2000 and 2001, according to the Grubb & Ellis/Quantum Commercial Group’s 2002 Real Estate Forecast. Industrial […]
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When F.W. Dodge speaks, the architectural, engineering, and construction industries listen. This was evident last week when company representatives presented their U. S. Construction Industry Outlook for 2002 to an attentive group of more than 100 A/E/C professionals in Denver. Mark Shaw, Senior Managing Editor of Colorado Construction Magazine and The Daily Journal delivered a […]
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The wheeling and dealing continues in Colorado Springs – a reassuring update in view of the current economy. Thanks to those all of you who submitted your many sales and lease reports this month. You guys have been working hard and could use a vacation! How about a few days in Cancun, Vail or Pebble […]
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With vivid memories of an up and down 2001 behind us, the New Year looks promising. Recession fears, though real, are subsiding as the word, “recovery” is popping up among some economists. The country may not be completely out of danger, but the business and real estate communities have worked hard to keep a sense […]
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It’s been only two and one-half weeks since America became the target of terrorism. Aside from lost lives and economic damage that continues to mount, consumer confidence took a big punch in the gut. People are afraid to fly despite the increasingly lower airfares and some investors are pulling – what is left of their […]
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Does anyone out there remember playing the game of Life? Odds are, if you picked “go to school,” you ended up with a lot more play money than the person across from you who picked “hang out all day.” Remember the “poor house?” TrueLifeInteractive.com is playing the game for real with truly live people, showing […]
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With only a desk in the basement and a dream for financial independence, Tom Colwell gambled with his future. At the age of 52, he quit his job as president at Van Schaack Realty to grow his own real estate company. Now, eight years later and a successful business under his belt, Colwell is selling […]
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Before a couple hundred single-family homes could join the pristine wildlife on an estimated 130-acre plot of land near the Big Johnson Reservoir, developers would have to overcome myriad obstacles. The biggest question, however, may be why anyone would want to live there in the first place. The area in northwest Colorado Springs had been […]
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Late hours at the office might be more fun, if one works in the office of the future. Jetson-like furniture and new technology is part of 2010 Work[place] design, a nonprofit corporation primarily run by OfficeScapes-Scott Rice, which along with RNL Design has developed the project since 1997. The 2010 concept occupies 6,700 square feet […]
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Recession? That was the buzz word on the lips of two economists from the Federal Reserve Bank of Kansas City, Mo., during their presentations at the 2001 Colorado Economic Forum at the Antler’s Adam’s Mark Hotel on Tuesday. C. Alan Garner, the bank’s assistant vice president and economist, discussed the challenges for monetary policy facing […]
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