Foreclosure rates in Colorado Springs fell year-over-year in November, according to data from real estate analysis firm CoreLogic. Among outstanding mortgages in the city, 1.11 percent were in some state of foreclosure in November. That’s down from 1.47 percent a year ago, according to the report. The foreclosure rate in Colorado Springs was much lower [...]
Continue reading...10. January 2013
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Taylor Farms A California investment company recently purchased the 83,616-square-foot Taylor Farms building near the Colorado Springs Airport . The food manufacturing and distribution business will remain a tenant in the facility. But former owner, TF Development sold the property at 890 N. Newport Road to Pacific View Investments. Dale Stamp, Andy Oyler, Barry Higgins [...]
Continue reading...8. January 2013
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Colorado Springs-based Griffis/Blessing, Inc. purchased a 216-unit apartment complex in Broomfield in late December. The complex, Willow Run Village Apartments, was built in 1999 and sits on 10.65 acres. It is a mix of 48 one-bedroom, 120 two-bedroom, and 48 three-bedroom units. Community amenities include a clubhouse, fitness center, swimming pool, spa, dog park, sand [...]
Continue reading...17. December 2012
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Quantum Commercial Group announced several new lease deals in recent months. GMI leased 1,750 square feet of office space at 5801 N. Union Blvd. (80918). Andrew Oyler negotiated the agreement with landlord OC International and Quantum reported that there were no other brokers involved in the deal. Staples Contract & Commercial leased 4,616 square feet [...]
Continue reading...10. December 2012
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Colorado Center of Orthopaedic Excellence purchased 30,000 square feet of office space at 2438 Research Parkway. The $2.84 million purchase included a 23,000-square-foot building and the full first floor of a neighboring building. The orthopaedic center will use the buildings to consolidate all of its Colorado Springs offices, physical therapy, clinical space and surgery center [...]
Continue reading...6. December 2012
A California firm scooped up nine of the 11 properties that sold to investors at the El Paso County Public Trustee’s foreclosure auction Wednesday. It’s unusual for one buyer to claim so many properties at the sale, said trustee Tom Mowle. Mowle said he’d never seen the California buyer at auctions before. It’s also unusual [...]
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29. January 2013
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