The Garrison Investment Group, which owns the Chapel Hills Mall, bought the 88,000-square-foot building formerly occupied by Kmart that’s attached to the east end of the shopping center. The space has been vacant and blocked off from the rest of the mall since Kmart closed in 2009. New York-based Garrison Investment Group purchased the empty [...] [...]
Hospital systems vying to lease Memorial could end up passing along the millions of dollars of lease costs on to customers through higher costs for care. It’s happened before and could happen here if cost controls aren’t spelled out in the new lease, said Dr. Steve Berkshire, a professor and director of health administration for [...] [...]
Segments of CASA of the Pikes Peak Region and Goodwill Industries, along with the county cooperative extension offices, will likely move into a building next door to the new El Paso County offices on Garden of the Gods Road. The El Paso County Board of Commissioners voted Thursday to allow the county to sign a [...] [...]
The U.S. Olympic Committee has a new main-floor tenant at its downtown headquarters. Freedom Financial Services, owned by Roy Clennan, has leased 4,393 square feet of storefront space at the highly visible corner of South Tejon and West Colorado Avenue. The news comes months after the March 2010 move-in by 140 USOC employees who relocated [...] [...]
Could it finally be that area home builders might come out from under the economic black cloud that’s hovered over the industry since 2007? Ralph Braden, president of the Colorado Springs Housing and Building Association and vice president of Nor’Wood Development, thinks so. Based on an NAHB economic forecast during a webcast last week, he [...] [...]
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