Apartment vacancy rates in Colorado Springs were above the state average in the first quarter of this year. The city was also just one of a few metro areas in the state where vacancy rates were higher than last year. The vacancy rate was 6.4 percent in Colorado Springs, which was up from 5.8 percent [...] [...]
A California-based Christian publishing company is moving to town and has purchased the 62,000-square-foot building at 5550 Tech Center Drive. The company, Outreach Publishing, employs about 100 people nationally, though Sierra Commercial Real Estate broker Brian Wagner, who negotiated the deal on behalf of the seller, said he was unsure how many workers the company might relocate. [...] [...]
The lower apartment vacancy rates and higher rents reported in last week’s survey from the Colorado Division of Housing are good for apartment property owners ... [...]
by Monica Mendoza Published: May 3,2012
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The economy – both nationally and locally – is on a slow mend, but no economist in the world is ready to proclaim “mission accomplished,” said a senior economist for Wells Fargo. [...]
by Associated Press Published: May 3,2012
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Federal and local authorities are planning to announce arrests in the theft of about $80 million in prescription drugs from a Connecticut warehouse in 2010. The U.S. attorney’s office, FBI and Enfield Police Department plan to hold a news conference Thursday afternoon to discuss the unsealing of an indictment and arrests of those allegedly involved [...] [...]
by Rob Larimer Published: May 3,2012
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Newspaperman Bob Armendariz has passed away.
He was the editor and publisher of the weekly newspaper Hispania News, which was published in English and Spanish. [...]
Despite the calls for dissolving the Memorial Health System board and the outrage about CEO Larry McEvoy’s $1.15 million severance package. experts say it is not out of line with industry standards. [...]
The owner of Auction House 109 and the Little London Market consignment shop announced that she plans to open her space up for an outdoor market once a month beginning May 12. The venue at 109 S. Sierra Madre has been busy, owner Mary Beth Cipoleti said. But she wants to add another element. “The [...] [...]
First lady Michelle Obama will speak Monday in Colorado Springs at the opening ceremony of the 2012 Warrior Games, a competition for more than 200 wounded, ill and injured military members and veterans. Back for a third year, the Warrior Games will be April 30 – May 5 at the U.S. Air Force Academy. More [...] [...]
Yesterday, the news was that the craft brewing industry in Colorado provided $714 million in economic impact. If that seemed high, apparently it was. The Colorado Brewers Association reported today that craft breweries bring an annual $446 million boost to the state economy – still an impressive number, although not nearly the almost three-quarters of [...] [...]