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Homes: differing surveys, differing views

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The national news has a way of trickling down to local markets — and sometimes the news appears better closer to home. For example, while U.S. home sales grew by 11 percent, year over year, based on Commerce Department and Census Bureau data released this week, industry experts cited lower home prices for the improvement.… Continue Reading Homes: differing surveys, differing views

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Sisyphus, the mythological Greek figure who was condemned to repeat forever the same meaningless task of pushing a rock up a mountain, could symbolize the plight of today’s commercial landlords. Their situation might not be quite that impossible, but during a recession in which consumers dramatically cut spending, they are facing their own version of… Continue Reading Retail landlords getting creative to help, keep, attract tenants

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The 2009 Celebration Home, 4305 Cavern Ridge Road, will be open from 6:30 to 9 p.m. July 30 for a special cocktail buffet, wine tasting and tours to benefit Pikes Peak United Way. Red Noland Auto Group, Vintage’s Wine & Spirits and Cravings Catering are event sponsors, donating valet service, beverages and a cocktail buffet.… Continue Reading Celebration Home again benefits Pikes Peak United Way

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Farnsworth interior makeover win awards

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The Farnsworth Group, which leased 9,000 square feet at 4755 Forge Road from 4755A Forge Road LLC, has been awarded the 2009 Colorado Facility of Excellence (COFAX) Award from the International Facility Management Association. The company earned top honors in the Environmental Impact/Resource Conservation category for the redesign of a commercial interior at its Colorado… Continue Reading Farnsworth interior makeover win awards

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A&Z Mechanical buys industrial condo

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A 4,000-square-foot industrial condominium at 143 Winters Drive has been purchased by A&Z Mechanical, a heating, ventilation and air conditioning contractor, $357,000. The seller, Winters Industrial Park LLC, and the buyer were represented by Peak Commercial Properties’ broker John Rodgers. Airport area property sold An 11-acre parcel of land in the Aerotech Center at 875… Continue Reading A&Z Mechanical buys industrial condo

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Real Estate: Optical Engines expanding

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Optical Engines Inc. has just leased 5,000 square feet of office/research and development space at 842 Sierra Madre St. Based in Chicago, the company that integrates laser technology with low power consumption controls, chose to move one of its division here based on quality of life, said Lloyd Riphenburg, who, along with Charley Conrad of… Continue Reading Real Estate: Optical Engines expanding

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Two million dollar commercial deals closed

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They don’t happen every day. In fact, since the recession began, million dollar deals have become the exception rather than the rule — except during the past few weeks when two high-dollar deals were closed. Peak Commercial Properties broker John Rodgers contacted the CSBJ with news of a significant industrial building sale at 6035 Galley… Continue Reading Two million dollar commercial deals closed

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In a major coup for the Pikes Peak region, USA Discounters, a Virginia-based company that “sells everything under the sun from furniture to jewelry to electronics” and caters to a military clientele with 14 markets throughout the country, has leased 50,000 square feet of retail space at the Mission Trace Shopping Center. The Colorado Springs… Continue Reading USA Discounters setting up shop at Mission Trace

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Charter school leases move-in ready space

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Once again former office/warehouse space will be transformed into an academic center. Atlas Preparatory School, a new charter school in Harrison School District 2, has leased 28,780 square feet at Airport Park, 1602-1628 S. Murray Blvd. The same location had been used for 10 years by the James Irwin Charter School, a plus for the… Continue Reading Charter school leases move-in ready space

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Perhaps as a result of historically high foreclosure rates, tight credit or a slow residential resale market, an increasing number of homes – and some commercial buildings – are now being offered for rent. As a result, property management companies are forming to handle the workload Dominion alliance ‘hands on’ Dominion Property Management, a partnership… Continue Reading Property management companies springing up, flourishing

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