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Briefs: CO Springs redevelopment plan announced+

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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… Continue Reading Briefs: CO Springs redevelopment plan announced+

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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… Continue Reading Economic Forecast Breakfast provides food for thought

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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… Continue Reading Briefs: Financier gives office real estate advice+

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Local real estate firm previews 2002 outlook

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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… Continue Reading Local real estate firm previews 2002 outlook

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Redistricting discussions are building this week to a crescendo at the State Legislature. EDC, The Chamber of Commerce and the Pikes Peak Association of Realtors are all watching developments closely as the final determination could have major impact on El Paso County’s military installations and legislative bargaining in the future. Stay tuned for details on… Continue Reading Colorado Springs Real Estate Briefs Jan. 28, 2002

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Although Colorado Springs’ industrial building space saw significant slowing in 2001, rental rates haven’t slipped appreciably compared to most major Southwest cities. Stalled technology sectors disrupted the Pikes Peak region’s industrial market and created a negative absorption rate between 2000 and 2001, according to the Grubb & Ellis/Quantum Commercial Group’s 2002 Real Estate Forecast. Industrial… Continue Reading Industrial property slowing hasn’t depressed rents

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When F.W. Dodge speaks, the architectural, engineering, and construction industries listen. This was evident last week when company representatives presented their U. S. Construction Industry Outlook for 2002 to an attentive group of more than 100 A/E/C professionals in Denver. Mark Shaw, Senior Managing Editor of Colorado Construction Magazine and The Daily Journal delivered a… Continue Reading Construction industry expert presents 2002-2003 economic forecast – overview for all sectors

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Briefs: Economic Forecast Breakfast scheduled+

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The wheeling and dealing continues in Colorado Springs – a reassuring update in view of the current economy. Thanks to those all of you who submitted your many sales and lease reports this month. You guys have been working hard and could use a vacation! How about a few days in Cancun, Vail or Pebble… Continue Reading Briefs: Economic Forecast Breakfast scheduled+

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With vivid memories of an up and down 2001 behind us, the New Year looks promising. Recession fears, though real, are subsiding as the word, “recovery” is popping up among some economists. The country may not be completely out of danger, but the business and real estate communities have worked hard to keep a sense… Continue Reading Real Estate: Year end updates and misc. other transactions

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With only a desk in the basement and a dream for financial independence, Tom Colwell gambled with his future. At the age of 52, he quit his job as president at Van Schaack Realty to grow his own real estate company. Now, eight years later and a successful business under his belt, Colwell is selling… Continue Reading Colorado Springs' Keller Williams Realty sells, plans for expansion

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