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Commercial Real Estate

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The Colorado Springs commercial real estate market continued to grow stronger throughout the third quarter of 2016 and has been bolstered by banner years for the local hospitality and tourism industries, according to industry experts. Reports published last month by Colorado-based real estate firms Turner Commercial Real Estate and Transwestern painted an optimistic picture of […]
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The Ancient Mariner’s story ends Memorial Day. After 32 years serving drinks, sandwiches, pizza and local musical talent, the Manitou Springs tavern will close, along with adjacent Marilyn’s Pizza, said owner Anne Stinson. “I’m tired, and I want to get retired,” said Stinson, who has operated Ancient Mariner and Marilyn’s Pizza for all its 32 […]
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Front Range Commercial recently announced a number of real estate closings that took place in recent months. A near-$3.5 million sale of 3780 and 3790 E. Woodmen Rd. closed Nov. 20. The seller was REB Enterprises II LLC and the buying entity was LIC Family Partners LP. Realtors Bob Nolette and Michael Roslin represented the […]
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Cushman and Wakefield Colorado Springs Commercial brokered two real estate sales recently, both in high-traffic areas. KG Store 684 LLC purchased the 2.8-acre vacant commercial lots at 2406-2422 Research Parkway for $1.26 million. The land is at the Corner of Research Parkway and Chapel Hills Drive. Brokers Peter Scoville, Greg Kaufman and Mark Useman completed […]
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Re/Max Commercial completed the sale of several properties. Among them: • 13540 Meadowgrass #205. The 5,238-square-foot office  property sold for $925,000 to NSP LLC, a  group of oral surgeons. Rob Rolley of Re/Max listed the property and Roger Hernandez of Carr Healthcare Realty was the cooperating broker. • 1831 Austin Bluffs Parkway. The 5,880-square-foot office […]
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CBRE’s Colorado Springs office announced three new leases signed at Colorado Square in downtown Colorado Springs. Located at 2 N. Nevada, Colorado Square is a 244,068-square-foot Class A mixed-use property owned by DPC Development Company of Greenwood Village, the company said in a press release. The three new tenants are: DOMOREGOOD | Hanon McKendry, a […]
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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 107 N. Tejon St., operated by […]
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The Colorado Springs commercial real estate market continued to see slow growth during the first quarter of 2015, with land investments and planned development spurring the region’s hope for cross-cutting growth in the year to come, according to Quantum Commercial Group’s quarterly report. The report, released this week by the Colorado Springs-based real estate firm, […]
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Commercial real estate in Colorado Springs is coming back, with downtown office properties’ occupancy and lease rates remaining more stable and consistent than other sectors. “It’s a fairly small marketplace, and the profile of users downtown is also stable — accountants, law firms, investment firms. The type of tenant that wants to be downtown has […]
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Nearly five years after Polaris Pointe (formerly Copper Ridge at Northgate) began as an urban renewal project in north Colorado Springs, businesses continue to slowly populate the development, including a large indoor water park and resort expected to open next year. Still without the infrastructure that was expected to support Polaris Pointe’s growth, developer/investor Gary […]
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At its northernmost point, Powers Boulevard is met with a juxtaposition. By now, InterQuest Parkway was supposed to be a vibrant strip of hotels, entertainment venues, restaurants, offices and residences. Instead, semi-finished buildings left vacant for 10 years stand mere feet from new construction. Stymied by a stagnant economy and developer bankruptcy, associated players are […]
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