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Charter school leases move-in ready space

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Once again former office/warehouse space will be transformed into an academic center. Atlas Preparatory School, a new charter school in Harrison School District 2, has leased 28,780 square feet at Airport Park, 1602-1628 S. Murray Blvd. The same location had been used for 10 years by the James Irwin Charter School, a plus for the… Continue Reading Charter school leases move-in ready space

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The northeast quadrant of Colorado Springs might have reached the medical office saturation point during the past 18 months, but that doesn’t mean activity has stalled completely. Healthcare Realty Trust, investors in the two-building Briargate Medical on Briargate Parkway, across from Memorial Hospital North, announced last week that the newly completed campus will soon welcome… Continue Reading Northeast continues to draw medical providers

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Golden Properties LLC has purchased the former CVS/Longs Drugs store at 1730 Dublin Blvd. for $2.6 million. Rich Walker of First Properties represented the buyer and Cory Dulberg of the Zall Co. in Denver represented the seller. The 27,634-square-foot building will be occupied by Sunflower Farmers Market, which signed a 10-year lease and is scheduled… Continue Reading New owner of former drug store fills space quickly

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Perhaps as a result of historically high foreclosure rates, tight credit or a slow residential resale market, an increasing number of homes – and some commercial buildings – are now being offered for rent. As a result, property management companies are forming to handle the workload Dominion alliance ‘hands on’ Dominion Property Management, a partnership… Continue Reading Property management companies springing up, flourishing

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Ranch news

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Actor Val Kilmer of “Batman Forever” and “Top Gun” fame has listed his 5,970-acre Pecos River Ranch in New Mexico with Colorado Springs-based Orvis/Cushman & Wakefield for $33 million. Thirty-five minutes southeast of Santa Fe, the 5,330 deeded and 640 leased acres are adjacent to the Santa Fe National Forest and include almost six miles… Continue Reading Ranch news

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Could it finally be that area home builders might come out from under the economic black cloud that’s hovered over the industry since 2007? Ralph Braden, president of the Colorado Springs Housing and Building Association and vice president of Nor’Wood Development, thinks so. Based on an NAHB economic forecast during a webcast last week, he… Continue Reading Signs of recovery have builders increasingly optimistic

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As a part of Colorado Architecture Month, AIA Colorado sponsored 10 special events throughout the state designed to familiarize the public with what architects do and why their work is important to America’s cities and culture. Locally, AIA Colorado South chapter president R.J. Steer of Centennial Collaborative Architects and Stuart Coppedge of RTA Architects organized… Continue Reading AIA chapter helping Box City vision to take shape

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Rocky Mountain Calvary Chapel has leased 3,000 square feet at 4345 Beverly St. for a youth center. In an effort to reach out to economic stimulus-empowered first-time homebuyers, G.J. Gardner, a custom home building company represented locally by franchisees Dennis and Marsha Weets, has signed a marketing agreement with New Home Associates of Colorado, headed… Continue Reading Entry-level buyers targeted by builder, marketing company

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The Rangewood medical building at 7560 Rangewood Drive has been purchased by NetREIT, a California-based investment group for $2.66 million. The 18,222-square-foot facility was 92 percent leased at the time of purchase, said Troy Meyer of Sperry Van Ness, listing broker for the seller, the DeCelles Family Trust. “We took the listing in late January… Continue Reading Recession-resistant medical office building sold

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Changes to the Defense Department budget proposed this week by Secretary Robert Gates could affect the 100 or so contractors with a Colorado Springs presence.  Budget reallocatoin also might impact the city’s largest defense contractor landlord, Maryland-based Corporate Office Properties Trust, which controls more than 1 million square feet of office space. A report published in the Washington Post… Continue Reading Defense contractors in wait and see mode

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