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If you haven’t had a chance to see the tremendous Broadmoor Main renovation yet, you’ll want to find a reason to stop by or to set up a meeting there. The former Terrace Lounge on the mezzanine level is fantastic – the “$100 million bar” boasts a gorgeous white oak paneling and woodwork and stained… Continue Reading Briefs: Broadmoor Main Hotel renovations continue+

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Through the rumor mill this week comes word that Capital Pacific is moving forward on Banning-Lewis development. That could be good news for all real estate sectors. More to come… Palmer McAllister Retail & Industrial Report Steve Hunsinger, retail broker with Palmer-McAllister recently sold a 67,000 square foot parcel he had listed at 5825 N.… Continue Reading Briefs: 67,000-square foot parcel sold for $535K+

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To the Real Estate Column’s regular readers, thank you for your contributions and updates. Lots of news to report this week. Transaction Reports: Hoff & Leigh Rocks with March Activity As always, the Hoff and Leigh team works a broad range of leases and sales. Here’s the latest on all the transactions completed through March… Continue Reading Briefs: Local real estate firm reports busy March+

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Spring has sprung…and so has the brokerage community. The healthy list of transactions reported here is testimony to both the strength of the local commercial real estate market and the stabilizing affect small businesses have on our economy. According to local Chamber of Commerce statistics, 80 percent of businesses in Colorado Springs qualify as small… Continue Reading Colorado Springs Real Estate Briefs April 5, 2002

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Briefs: Coldwell Banker expands staff+

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Heard the groundhog saw his shadow, but Colorado Springs’ commercial realtors don’t seem to be worried. In fact, things are heating up – especially where land sales are concerned. Good parcels, especially in the southeast part of town continue to sell – and prices are impressive.Coldwell Banker expands; announces industrial project Coldwell Banker’s managing broker,… Continue Reading Briefs: Coldwell Banker expands staff+

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Local real estate firm previews 2002 outlook

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This week the Colorado Springs Business Journal visited with a multi-discipline group of brokers from Palmer-McAllister, a local firm handling more than 300 office/commercial, retail, industrial, land sales and investment transactions annually. The following are a few of their observations and their forecasts for 2002.Office: Kent Mau (Senior Managing Director), an office broker for Palmer… Continue Reading Local real estate firm previews 2002 outlook

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Although Colorado Springs’ industrial building space saw significant slowing in 2001, rental rates haven’t slipped appreciably compared to most major Southwest cities. Stalled technology sectors disrupted the Pikes Peak region’s industrial market and created a negative absorption rate between 2000 and 2001, according to the Grubb & Ellis/Quantum Commercial Group’s 2002 Real Estate Forecast. Industrial… Continue Reading Industrial property slowing hasn’t depressed rents

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When F.W. Dodge speaks, the architectural, engineering, and construction industries listen. This was evident last week when company representatives presented their U. S. Construction Industry Outlook for 2002 to an attentive group of more than 100 A/E/C professionals in Denver. Mark Shaw, Senior Managing Editor of Colorado Construction Magazine and The Daily Journal delivered a… Continue Reading Construction industry expert presents 2002-2003 economic forecast – overview for all sectors

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With vivid memories of an up and down 2001 behind us, the New Year looks promising. Recession fears, though real, are subsiding as the word, “recovery” is popping up among some economists. The country may not be completely out of danger, but the business and real estate communities have worked hard to keep a sense… Continue Reading Real Estate: Year end updates and misc. other transactions

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Real Estate Briefs February 18, 2001

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A Newport Beach, Calif.-based company, WL Homes LLC, parent company of John Laing Homes, purchased Colorado Springs-based builder, Estate Homes LLC. The recent acquisition increases the number of John Laing Homes’ divisions to nine nationwide and two in Colorado. The other Colorado division is located in Denver. Estate Homes pulled 75 permits in El Paso… Continue Reading Real Estate Briefs February 18, 2001

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