RSS

Tag Archive | "retail"

Commercial brokers report real estate deals

Thursday, May 10, 2012

Comments Off

Commercial real estate brokers in Colorado Springs have announced some recent activity. Aaron Horn and David Bacon were the listing agents at Sierra Commercial Real Estate who leased a 2,727-square-foot industrial space at 1110 Elkton Dr. (80907)  earlier this month. Jones Lange LaSalle represented Greiner Electric, which owns the building, in the deal. Bacon also [...]

Continue reading...

Arizona company named receiver for Market Center

Monday, October 17, 2011

Comments Off

A Phoenix-based real estate company was named as the court appointed receiver for Market Center shopping center on the northeast side of town. The 244,000-square-foot shopping center near Austin Bluffs Parkway and Barnes Road went into foreclosure on a $19.5 million loan a few months ago. Hannay Realty Advisors, an Arizona commercial real estate services [...]

Continue reading...

Rustic Hills doesn’t sell to investor at foreclosure auction

Wednesday, October 5, 2011

Comments Off

The Rustic Hills Shopping Center sold back to the original lender at the El Paso County Public Trustee’s foreclosure auction today. Lender GCCFC 2005-GG5 Palmer Park LLC bought the strip mall property near Academy Boulevard and Palmer Park Drive for a little more than $19.6 million. The lender declared a loan deficiency of $976,752. No [...]

Continue reading...

Grubb & Ellis to manage Parker commercial development

Wednesday, October 5, 2011

Comments Off

Grubb & Ellis announced this week that it will market 148 acres of land within Compark Business Campus, a 480-acre mixed-use development located at the intersection of the East 470 Tollway and Chambers Road in the Town of Parker for MPV Compark Management. The business park is home to four parcels zoned for office or [...]

Continue reading...