by Becky Hurley Published: November 8,2002
Tags: Industrial Real Estate
The real estate scene seems to be picking up momentum in fourth quarter. Leasing may have slowed, but land, industrial and retail investors may help make 2002 a decent year for many brokers. Transaction Report NAI Highland Locates Loaf N’ Jug Jim Spittler, representing Dillon Real Estate, worked with owner’s broker, Bentley Hill of Gloriod [...] [...]
by Becky Hurley Published: November 1,2002
Tags: Industrial Real Estate, Retailing
This week’s real estate column comes to you from downtown Manhattan, just two blocks from Ground Zero. There is still much activity in the area although retail districts have been hard-hit by the loss of as many as 50,000 former World Trade Center-area employees who no longer come to WTC Plaza each Monday through Friday [...] [...]
by Becky Hurley Published: October 18,2002
Tags: Housing, Industrial Real Estate, residential real estate
CSBJ readers are probably aware that residential interest rates on thirty-year fixed rate conventional mortgages have dropped as low as 5 and 7/8 percent. Hard to believe, but thankfully true. Christine Meacham at Auer Mortgage says these low rates may be around for a few weeks. Some national financial analysts predict that the post-election climate [...] [...]
by Becky Hurley Published: October 11,2002
Tags: Housing, Industrial Real Estate, residential real estate, Retailing
Once again, there’s a lot of news to report. From the two large Bethesda office building and Pace Plaza retail center sales reported last week to this week’s leases and transactions, there’s never a dull moment on the Colorado Springs real estate scene. Bill May of Classic Mortgage said last week that commercial mortgage rates [...] [...]
by Becky Hurley Published: October 4,2002
Tags: Housing, Industrial Real Estate, Legislative, residential real estate, Restaurants and Food Service, Retailing
With almost a year of real estate columns behind me, I realize how much there is to report in this ever-changing, fast-paced field – and so many stories still to tell. Downtown re-development deserves a full column – as do many of the transactions the Colorado Springs Business Journal reports each week. In the days [...] [...]
by Becky Hurley Published: September 20,2002
Tags: Industrial Real Estate
Local brokers have been busier than New England cranberry merchants in the past 30 days. Take a look at the dozens of deals completed by all sectors of the commercial real estate industry. Transaction Report Hoff & Leigh Reports $1.5 Million in Sales August proved to be an active month for one of Colorado Springs’ [...] [...]
by Becky Hurley Published: September 13,2002
Tags: Housing, Industrial Real Estate, residential real estate, transportation, Utilities
Aloha…A Post- Vacation Perspective Just when you thought Colorado Springs was the only locality faced with environmental challenges (e.g., the Preble mouse), consider Kailua-Kona, Hawaii. The “Big Island” relies heavily on Highway 19 (which loops the entire island). Unfortunately, some parts of the highway narrow to two slow lanes near the coffee plantations. In an [...] [...]
by Becky Hurley Published: September 6,2002
Tags: Housing, Industrial Real Estate, online, residential real estate, Retailing
Masterbilt Homes Introduces Fresh Concept Every once in a while a homebuilder steps outside the box and starts a completely new trend. Jack Weipking, president of Masterbilt Homes, certainly gets credit for taking a very large step in introducing the Pikes Peak region to Traditional Neighborhood Design (TND), which has evolved around the country as [...] [...]
by Becky Hurley Published: August 23,2002
Tags: Housing, Industrial Real Estate, residential real estate, Retailing
Recently Wells Fargo published findings indicating that in the past ten years, the average stockholder earned $23,000 in the stock market and the average homeowner earned $44,000 in home equity. An interesting observation… With mortgage rates at a 35-year low, the company says in 1998, rates were below 7 percent for a total of 17 [...] [...]
by Becky Hurley Published: August 16,2002
Hope I didn’t throw those of you looking for the Urban Land Institute update a curve last week. The information was held for this week’s column instead. As usual, commercial real estate seems to be attracting renewed attention in the face of the stock market’s contractions – it’s even starting to attract the attention of [...] [...]
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