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JA plans purchase of former Goodwill building on Westside

Junior Achievement of Southern Colorado is likely to purchase one of the former Goodwill Buildings on West Colorado Avenue. The financial-education organization is under contract to purchase the 26,000-square-foot building that includes 2310 and 2320 W. Colorado Ave. JA’s board of directors will meet Aug. 20 to vote on moving forward with the purchase, said… Continue Reading JA plans purchase of former Goodwill building on Westside

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Monument apartment complex plans expansion

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Monument apartment complex plans expansion

The Vistas at Jackson Creek is planning a $9.6 million expansion to the luxury apartment complex located in Monument, Colo. The plan is to add 90 more units to the 177 apartments already built in the complex, just north of Monument Marketplace on the east side of Jackson Creek Parkway. Construction on 3.74 acres will… Continue Reading Monument apartment complex plans expansion

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Antlers Hilton facing foreclosure

The El Paso County Public Trustee filed foreclosure papers Tuesday on the Antlers Hilton hotel in downtown Colorado Springs. According to records from the public trustee, $36.35 million is the balance due on the 232-room downtown icon. The original principal balance of the debt was $36.342 million, according to public trustee documents. This foreclosure is… Continue Reading Antlers Hilton facing foreclosure

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Griffis/Blessing Inc. will provide management services for the Boulder Street Medical Building, 1725 East Boulder St. in Colorado Springs. The 15,250-square-foot property is home to Pediatric Cardiology Associates, Pulmonary Associates and Memorial Pediatric Surgery. “We are thrilled with this selection to manage the Boulder Street Medical Building,” said Richard K. Davidson, senior vice president of… Continue Reading Griffis/Blessing to manage Boulder Street Medical Building

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If someone puts a home on the market today, chances are good it’ll sell within two months. As of June 30, single-family homes spent an average of 62 days on the market, the lowest number since June 2006, when the Pikes Peak Association of Realtors started keeping records. The total number of active listings is… Continue Reading Springs homes selling at fastest rate in years

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Re/Max opens first downtown office space

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Re/Max Properties signed a lease on a new downtown office space. The real estate firm, which boasts more than a 14 percent share of the local residential real estate market, has offices throughout the city. But its new space in suite 100 on the ground floor of the Alamo Building at 102 S. Tejon St.… Continue Reading Re/Max opens first downtown office space

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Colorado Springs homes appreciate 8.2%

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Colorado Springs home prices climbed 8.2 percent year-over-year in April, according to analysis firm CoreLogic . They rose 2.1 percent from March to April. Excluding the distressed sales, short sales and bank-owned properties, sales prices climbed 7.1 percent year-over-year. The sales price increases are good news for the rebounding real estate industry. While the figures… Continue Reading Colorado Springs homes appreciate 8.2%

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Local real estate brokerages are hiring. ERA Shields has hired more than 20 real estate agents and support staff members in the past year. RE/MAX Properties has added 16 since January. Prudential Rocky Mountain Realtors has bumped its staff from seven agents to nine. Some of the hires are seasoned real estate professionals simply moving… Continue Reading Strong real estate market has brokerages beefing up

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Report: Springs apartment market strong

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The current Colorado Springs apartment market is healthy — maybe the healthiest it has ever been. That’s the conclusion by area experts after reviewing the most recent vacancy and rent survey results from the Colorado Division of Housing. Vacancy, at 5.6 percent, is the lowest locally in more than a decade. But it’s not so… Continue Reading Report: Springs apartment market strong

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Gas stations heating up commercial market

One segment of the Colorado Springs commercial real estate market is experiencing explosive growth — gas stations. “It seems like the only thing that’s really moving,” said Lori Ondrick, a retail broker with Quantum Commercial Group. Ryan Tefertiller, a city planner, said everyone in the planning department has dealt with at least one gas station… Continue Reading Gas stations heating up commercial market

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