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CU projection defines barriers to city success

Colorado Springs and its neighboring communities will face challenges on the way to economic prosperity in 2015, according to a recent economic outlook report by the Business Research Division of CU-Boulder. The report, released last month during a forum at the university, included predictable optimism about future growth in the Denver metro area, but more… Continue Reading CU projection defines barriers to city success

CRE market flat; investors pounce

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CRE market flat; investors pounce

The Colorado Springs commercial real estate market, according to a recent report, remained mostly flat in the third quarter of 2014. The Quantum Commercial Group Inc. quarterly report painted a picture of the market as one that has cooled in recent months and is being harvested by opportunistic investors attracted by good prices and low… Continue Reading CRE market flat; investors pounce

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Changing times: National firm enters market; Sierra Commercial ends 11-year run

Colorado Springs-based Sierra Commercial Real Estate closed its doors this week after more than a decade serving the Pikes Peak region. Owner and President Dave Delich made the call after losing several of his brokers to nationally affiliated firms, but Delich said that parent company Sierra Properties will remain in business. “The brokerage was just… Continue Reading Changing times: National firm enters market; Sierra Commercial ends 11-year run

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Recovery continues for commercial market

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The higher you go, the farther you fall, as the old adage goes. While commercial real estate data depict slow progress in recovery from recession-era lows, the region remains in better shape than hard-hit areas in states such as California and Florida, where real estate bubbles caused catastrophic crashes. That said, the commercial real estate… Continue Reading Recovery continues for commercial market

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