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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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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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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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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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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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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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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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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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Carole Jackson of Security Florist used to bring her older flowers to the adjacent Dad’s Kwik Inn Diner at the end of each week. There her colorful contributions would adorn the tables. “We used to get customers often because of them,” she said of the now-vacant building at 385 Main Street in Security. According to […]
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Vacancy rates in the industrial sector of commercial real estate in Colorado Springs continue to decline, due in part to marijuana grow operations here, say Realtors familiar with the issue. “Because of the medical marijuana and the need for space to grow plants, that has continued to cause a lower vacancy rate, both for opportunities […]
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The Garden of the Gods Club announced Tuesday that an investment group operated by two local women has purchased the historic facility, which had been on the market since June. Colorado Springs residents Brenda Smith and Judy Mackey are the new owners of the club, making this the first time it has been locally owned […]
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The aging of America has had many impacts, especially on businesses. Local entrepreneurs have had to adapt their products and services to retain and expand their market share as their clients age. “It’s weird — I think the whole market is changing,” said Johnny Nolan, who owns two popular eateries in Colorado Springs, SouthSide Johnny’s […]
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