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Last week’s Space Foundation Symposium at the Broadmoor Hotel attracted a myriad of top military leadership, aerospace companies, scientists and entrepreneurs. This year’s event exuded unparalleled intensity and enthusiasm. Lt. General Brian Arnold, USAF, outlined a number of the U.S. Air Force/U.S. Space Command projects on the drawing board – which must have revved the […]
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To the Real Estate Column’s regular readers, thank you for your contributions and updates. Lots of news to report this week. Transaction Reports: Hoff & Leigh Rocks with March Activity As always, the Hoff and Leigh team works a broad range of leases and sales. Here’s the latest on all the transactions completed through March […]
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Spring has sprung…and so has the brokerage community. The healthy list of transactions reported here is testimony to both the strength of the local commercial real estate market and the stabilizing affect small businesses have on our economy. According to local Chamber of Commerce statistics, 80 percent of businesses in Colorado Springs qualify as small […]
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It is a challenge to keep ahead of the Colorado Springs commercial real estate community…Here are the latest reports from the front lines. Sterling Centrecorp selects Olive Retail Group The Retail Group at Olive Real Estate Group is handling all the leasing, marketing and sales for the Toronto-based Sterling Centrecorp, Inc., which last week announced […]
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Wow! There’s a lot going on out there – some of the latest real estate-related announcements originating from downtown all the way to Peterson Air Force Base. Hold on to your hats, folks, it’s going to be an interesting five years ahead…Lux says Southside Johnny’s opening at 528 S. Tejon The Colorado Springs Business Journal […]
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Heard the groundhog saw his shadow, but Colorado Springs’ commercial realtors don’t seem to be worried. In fact, things are heating up – especially where land sales are concerned. Good parcels, especially in the southeast part of town continue to sell – and prices are impressive.Coldwell Banker expands; announces industrial project Coldwell Banker’s managing broker, […]
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Entrepreneurs typically possess an independent spirit, vision and guts. Witness long-time corporate executive and real estate development manager, Wayne Timura, P.E., who recently decided to leave Quantum Corporation for greener professional pastures. As founder of Next Level Development, he is ready to translate corporate experience into a hands-on consulting practice based in Colorado Springs. Timura […]
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National homebuilders predict consistent 2002 sales According to a February 15 announcement from the National Association of Home Builders, the housing market index (HMI) has dropped two points, after a 13-point cumulative rise in November, December and January, to 58 points in February. This news comes as the nation’s economy enters its recovery phase. So […]
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What great news it is to hear about the redevelopment plan created by the Palmer Village Development originators (Jeff Smith, David Jenkins, Chris Jenkins, Doug Stimple and Jim Johnson head the Project Team). Not only does the plan complement Confluence Park, but it opens up whole new worlds of opportunity for the City as a […]
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Several hundred business and community leaders listened intently last week as four local experts on the Springs economy shared economic insights at the annual Institute of Real Estate Management (IREM) Economic Forecast Breakfast Tuesday, Feb. 29. Mike Anderson, Director, City Office of Budget and Financial Analysis; Doug Carter, of Doug Carter, LLC, and authority on […]
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A financier’s point of view In a recent article for Commercial Investment Real Estate (CIRE), Benjamin Nummy, vice president with Morgan Stanley takes a look at real estate financing for today’s surviving technology ventures and dot.coms. He warns that the amount of vacant office square footage will increase dramatically in the next two years and […]
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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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