by Becky Hurley Published: March 13,2010
Tags: ERA Shields, Real Estate
ERA is doubling its franchise agreements in Colorado Springs, but there are some distinct differences in the way each operation does business. The move to add Roger Herman’s Herman Group Real Estate will more than triple the number of ERA-related agents and brokers in the market. While the two will cover much of the same territory, ERA [...] [...]
by Becky Hurley Published: March 5,2010
Tags:
A five-year dream became reality this week for the Colorado Springs Charter Academy. The school’s board was able to purchase the balance of the former Benet Hill Monastery campus at 2555 North Chelton Road for $1.25 million — at least a year sooner than originally projected. The newly acquired property consists of a 13,187-square-foot chapel and living [...] [...]
by Becky Hurley Published: February 26,2010
Tags: construction lending, energy efficiency, Schreiver Air Force Base
Steady construction progress on the new $4.2 million, 6,000-square-foot Schriever Air Force Base community center will result in a March 22 grand opening. Tierra Vista Communities spokeswoman Meryl Large said the new complex will house a gathering place for family activities and includes a coffee shop, a temporary youth center, an indoor pool, an outdoor splash [...] [...]
by Becky Hurley Published: February 19,2010
Tags: 2853 Janitell Road, Arrow Moving and Storage, Corporate Office Properties Trust
One growing company in Colorado Springs has just increased its commercial warehouse and distribution footprint by more than one-third. Arrow Moving and Storage has leased a 26,791-square-foot building at 2853 Janitell Road. The company already owns a 39,600-square-foot office and warehouse building purchased during 1996 at 2885 Janitell Road, president and owner David Ottoes said. The mover [...] [...]
by Becky Hurley Published: February 12,2010
Tags: Christy Lynn Apartments, HBA leaders, Partners in Housing
Partners in Housing has purchased the 14-unit Christy Lynn Apartments at 4335 N. Chestnut Street for $755,000. The sale represents the third in a series of affordable or homeless housing purchases by area nonprofit groups. Previous acquisitions included the Bentley Commons and Citadel Arms complexes which sold last year. The local nonprofit helps homeless and at-risk families [...] [...]
by Becky Hurley Published: February 5,2010
Tags:
Competition heats up for coveted public projects Rosy construction industry forecasts for 2010 are harder to come by than a sledge hammer at a glass factory. It’s tough out there. But, even as the industry’s national unemployment rate approached 30 percent last year, general contractors in the Pikes Peak region seemed to hold their own, ending the [...] [...]
by Becky Hurley Published: February 5,2010
Tags:
Denver-based Capital Real Estate has purchased the 240-unit Bellaire Ranch apartment complex at 4275 Sanders View Drive off South Murray Boulevard in south east Colorado Springs for $19 million — or $79,167 per unit in a Class A community built during 2003. The Class A property was more than 98 percent occupied at the time of [...] [...]
by Becky Hurley Published: January 29,2010
Tags: California Casualty, Real Estate
Not surprisingly, California Casualty Corp. took issue with the CSBJ’s 2009 commercial real estate “Year in Review,” which stated that the firm had vacated its 122,500-square-foot Class A office building at 1650 Telstar Drive on the Briargate Business Campus. In reality, said Sierra Commercial Real Estate listing brokers, Randy Miller and Brian Wagner, the company [...] [...]
by Becky Hurley Published: January 22,2010
Tags: C.R. Shea Homes, custom home builder, green building, National Association of Home Builders
A local custom home builder who was ready to build a spec home in Pine Creek when recession hit in 2007 decided to take a chance on the home with green building — and made history in the process. Charlie and Nancy Shea, owners of C.R. Shea Homes, won the state’s National Association of Home Builders’ [...] [...]
by Becky Hurley Published: January 15,2010
After more than 50 years downtown, Colorado Springs Health Partners will relocate its corporate headquarters and medical practices this summer to the Union Medical Campus at the intersection of North Union Boulevard and Fillmore Street. The medical organization signed a 63,210-square-foot medical space lease with The Cirrus Group, a Dallas-based real estate investment company and the [...] [...]
