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Stand-By Personnel purchased by OutSource

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El Paso County’s largest staffing company, Stand-By Personnel, has been purchased for an undisclosed sale price by OutSource International, a Florida-based human resources company. OutSource received $25 million in a private placement from Triumph Capital Group in Boston along with a $45 million line of credit from Bank of Boston and has been using the… Continue Reading Stand-By Personnel purchased by OutSource

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Office land, video store sold

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A California foundation bought 10 acres of office and retail land from the Reliance Development Corp — at Flying W Ranch Road and Centennial Boulevard — last week for $1.2 million. The deal also includes a Blockbuster Video that is currently being built at the site of The Shoppes at Mountain Shadows. The purchase price… Continue Reading Office land, video store sold

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Cedar Heights builds new homes

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Cedar Heights residents will have 32 new neighbors by the end of 1997, the most new homes the 20-year-old development has seen started in a single year. Only five of the homes will be speculative, while the remaining 27 are pre-sales. Mark Skelton, who sells lots and matches prospective residents with builders in the development,… Continue Reading Cedar Heights builds new homes

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Gold Capital, Globex to merge

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The anticipated merger of Globex Mining Enterprises, Inc. and Colorado Springs-based Gold Capital Corporation will affect only stockholders and have little direct impact on the Colorado Springs workforce. According to Bill Conrad, president of Gold Capital, the merger agreement whereby Globex will acquire 100% of Gold Capital in exchange for both cash and stock, will… Continue Reading Gold Capital, Globex to merge

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A new golf course management and consulting firm has been formed with headquarters in Colorado Springs and an office in Castle Rock. The new firm, called Sunlinx Inc., is headed by Scott Simpson, a veteran manager of such enterprises as the Colorado Springs Parks and Recreation aquatic program, Ski Broadmoor, the Patty Jewett and Valli… Continue Reading Golf course management and consulting firm opens in Springs

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Watt Homes opens models

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Four new models of Watt Homes are open at Cascades in Springs Ranch. These model homes offer features typically found in more expensive homes — square cul-de-sac locations, two-car garages, Möen faucets, front-yard landscaping, sprinkler systems, and brass entry hardware are all standard in these Watt homes — according to Kathy Wenrich, of The Cascades… Continue Reading Watt Homes opens models

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JPI Employee Changes

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JPI, nationally recognized luxury apartment developers, recently promoted Brad Taylor to regional development manager and hired Brian Fritz as senior market analyst. A former vice president and development associate at JPI, Taylor’s primary responsibility is to locate and develop suitable sites for apartment communities in the Rocky Mountain region. He manages the land negotiations and… Continue Reading JPI Employee Changes

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Lube Stop makes quick change

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Colorado Springs’ six Lube Stop 10 Minute Oil Change Centers have been purchased by Tibarom Inc., a Colorado-incorporated company that plans to convert the centers to Q Lubes, A Quaker State Company, by next fall. The Lube Stops plan to add Q Lube’s reputation and product recognition to Lube Stop’s 19-year history of service in… Continue Reading Lube Stop makes quick change

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Littleton-based Carder Concrete is buying 13 acres for a little less than $800,000 on East Las Vegas Street to build a full-service concrete products manufacturing facility. President Tom Walters said the new facility will cost approximately $3.2 million with land and equipment. He expects the manufacturing plant to be up and running in August. Carder,… Continue Reading Carder Concrete to build manufacturing facility

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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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