Palisades at Broadmoor Park sold to California company
The Palisades at Broadmoor Park was purchased earlier this week, although the sale isn’t final. The assisted living facility located northwest of Colorado Highway 115 and South Academy Boulevard was purchased by Irvine, Calif.-based MBK Senior Living, a real estate group specializing in senior assisted living centers. The sale isn’t yet listed on the El Paso [...]
Wow Internet, Cable & Phone is buying cable TV and Internet provider Knology Inc. for $750.5 million, partly to broaden its geographic reach. Knology shares gained $1.27, or 7 percent, to $19.32 in morning trading. Wow, which is owned by private equity firm Avista Capital Partners, offers cable TV, Internet and telephone services in Michigan, [...]
Continue reading …The Suss Superstore, a sister to the Suss Buick GMC dealer in Aurora, has purchased the Motor City facility where it has been doing business in Colorado Springs for the last five months. Suss initially leased the 24,446-square-foot building 3.04 acres at 945 Motor City Drive, Dowis said. After the five-month lease, the dealer opted [...]
Continue reading …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 [...]
Continue reading …The Pikes Peak Library District paid cash for a former MCI building on the north end of town Tuesday with plans to move its Briargate branch and administration offices. The library district paid $3.75 million for the 112,883-square foot building at 1175 Chapel Hills Drive. That’s about $33 per square foot, said library CFO Mike [...]
Continue reading …A Florida-based apartment and investment company purchased its second apartment community in Colorado Springs.
Continue reading …The 185,000-square-foot former two-story Macy’s building at 755 Citadel Drive – vacant since first quarter 2009 – has sold to ICA Properties Inc. of Odessa, Texas. The building, formerly owned by Macy’s West Stores Inc., sold for $3 million today, according to Bach Commercial Partners broker Steve Bach who, along with Mike Helwege, represented the [...]
Continue reading …Want to buy a Colorado interstate highway tunnel or a college football skybox with club seating? Or how about the National Guard Armory in Watkins, only $11 million, or your own planetarium at Colorado State University, a bargain at $5.6 million? These are just a few of the $9.5 billion in assets the state of [...]
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