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Local companies win funding

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Communications firms around the United States were the big winners in the fourth quarter of 1996, garnering more than $553 million of venture capital investments, according to the Price Waterhouse Venture Capital Survey. Colorado communications firms received $119.8 million or 21.6% of the total, coming in second only to Silicon Valley, for dollar amount invested,… Continue Reading Local companies win funding

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Keller Williams Office Opens

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Longtime Colorado Springs real estate brokers Gerda Reimer and Kerry Williams recently purchased a Keller Williams franchise to become the first Keller Williams real estate office in Colorado Springs. Williams said the office opened in Suite 200 at 5125 Centennial Blvd. on Feb. 1. “We have 12 agents and a few transactions,” which he said… Continue Reading Keller Williams Office Opens

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City's Largest Apartment Complex Sells

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Templeton Park Apartments was recently purchased by Templeton Apartments LLC, an entity controlled by Griffis/Blessing Company Inc., for $23.3 million — the highest price ever paid for an apartment property in Colorado Springs. Griffis/Blessing bought the 496-unit apartment complex, which is Colorado Springs’ largest apartment complex, from Templeton Investors, a partnership controlled by Chicago-based Balcor… Continue Reading City's Largest Apartment Complex Sells

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Niebur Golf builds speculative office building

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Getting out of his element of building golf courses and diversifying his business, Joe Niebur, of Niebur Golf, is building a 20,000 square foot speculative office building with plans for a second, 15,000 square foot speculative office building at 675 S. Pointe Ct. Niebur said that he lives and works in south Colorado Springs and… Continue Reading Niebur Golf builds speculative office building

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Litton building gets tenant

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One of the last large industrial complexes in Colorado Springs has been the center of a lot of attention in the past five months. The former Litton Data Systems buildings at 425 E. Fillmore have a new tenant in Building C and several prospective tenants looking at Buildings A and B, according to Darwin Faarborg,… Continue Reading Litton building gets tenant

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McCormick-Armstrong Printing’s Williams Division renewed it five-year, 35,000-square-foot lease this month and has nearly doubled revenues from 1994 to 1996. The Williams Division, formerly Williams Printing, decided to renew its lease at 5075 Centennial Blvd. rather than build its own 40,000-square-foot building. General manager Phil Carter said that because the real estate market is high… Continue Reading Printer's revenues double under new parent company

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New Leases Available

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A comprehensive single-family lease is available from the Apartment Association of Colorado Springs. This new form is in addition to the multifamily lease and other legal forms developed by the legal counsel of the Colorado Apartment Association. Landlords are encouraged to use this new approved lease rather than homemade leases that may be outdated, incomplete,… Continue Reading New Leases Available

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Coldwell Banker Walker and Co. Sells North Office

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Coldwell Banker Walker and Co. closed on the sale of its north Colorado Springs office building late last week. Jim Walker, owner of Coldwell Banker Walker and Co., said the 10,000-square-foot office building at 1561 Briargate sold for $1.3 million to an out-of-state developer whose name has not been disclosed at this time. Walker said… Continue Reading Coldwell Banker Walker and Co. Sells North Office

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Computer learning center to open

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The world’s largest software training company will open its fifth Colorado Center in March in Colorado Springs. New Horizons Computer Learning Center will occupy 6,887 square feet in Suite 200 of the Citadel Bank Building, 730 Citadel Drive East, beginning March 3, said Henry Lake, spokesperson for New Horizons Computer Learning Center. The company has… Continue Reading Computer learning center to open

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SGS-Thomson looks at Ramtron

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SGS-Thomson Microelectronics, a European-based semiconductor manufacturer, has once again looked to Colorado Springs for expansion opportunities. In a memorandum of understanding signed last week between Colorado Springs-based Ramtron International Corporation and SGS-Thomson, the French/Italian manufacturer will explore Ramtron’s ferroelectric random access memory technology in phase one of the agreement. SGS-Thomson will provide silicon wafers to… Continue Reading SGS-Thomson looks at Ramtron

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