The U.S. Olympic and Paralympic Museum Opens in Colorado Springs

The U.S. Olympic and Paralympic Museum is located in Colorado Springs – America’s Olympic City – and is recognized by the U.S. Olympic Committee as the official showcase of Team USA.

CREJ

September 20, 2020

Volta at Voyager sale sets record

A Colorado-based investment group made its first acquisition in Colorado Springs with the highest per-unit price ever for a multifamily asset in the Southern Colorado city. Mountain View Capital paid $52.6 million, or $263,000 per unit, for the 200-unit Volta at Voyager community. The sale of Volta at Voyager just eclipsed the previous highest-per-unit-price of […]

Jennifer Hayes

September 14, 2020

Pandemic impacts Springs retail market

The effects of the COVID-19 pandemic have started to impact the Colorado Springs retail market, according to a recent report by CBRE. The firm’s Colorado Springs Retail Marketview noted that the city’s retail market started to feel the impacts of the coronavirus with declining retail sales and consumer confidence. The market recorded negative net absorption […]

Jennifer Hayes

September 14, 2020

Northrop Grumman leases 99,359 square feet in Interquest

A global aerospace and defense technology company is growing its presence in Colorado Springs. Northrop Grumman Systems Corp. leased 99,359 square feet of office space at 10125 Federal Drive in Interquest. “Anytime you can secure a Fortune 120 company to a long-term lease for approximately 100,000 square feet, you feel pretty good,” commented John Fefley, […]

Jennifer Hayes

September 7, 2020

Oak Coast invests in Colorado Springs with Cottonwood buy

Oak Coast Properties continues to add to its Colorado portfolio with its purchase of Cottonwood Terrace. The Southern California based investment firm paid $37.25 million for the 200-unit community at 2864 Dublin Blvd. – its first Colorado Springs community – where it is planning a $1.5 million renovation to the property as part of a […]

Jennifer Hayes

August 23, 2020

Colorado Springs Tech Center office building sells for $7.9M

A Class A office building in the Colorado Springs Tech Center Office Park recently sold in one of the highest-priced office sales in the market this year. Ramshorn Investments LLC paid $7.9 million for Tech V, an approximately 54,174-square foot office building at 5475 Tech Center Drive in Colorado Springs. Built in 1984, the three-story […]

Jennifer Hayes

August 10, 2020

Fountain self-storage facility sells to national REIT

A 563-unit self-storage facility in Fountain recently sold to a national self-storage real estate investment trust. The REIT paid an undisclosed amount for the Valley Mini Storage, renamed SecurCare Self Storage, at 639 Carson Blvd. The 72,250-square-foot storage facility was built in 1997. Adam Schlosser and Charles “Chico” LeClaire of The LeClaire Group of Marcus […]

Jennifer Hayes

July 26, 2020

Union Medical Office Plaza sells for $33.63M

A three-building Class A medical office campus in Colorado Springs sold to a full-service real estate company that acquires, develops, leases and manages health care real estate across the United States. MBRE Healthcare purchased Union Medical Office Plaza, a 149,428-square-foot building at 1625, 1633 and 1644 Medical Center Point, for a total of $33.63 million, […]

Jennifer Hayes

June 29, 2020

GE Johnson tops out Switchbacks FC Stadium

Last month, GE Johnson installed the final steel beam on the Switchbacks FC Stadium, located in downtown Colorado Springs. Per tradition, the beam was flanked by the American and Colorado state flags as well as the Switchbacks official flag and an evergreen tree.

Kris Oppermann Stern

June 21, 2020

Single-tenant retail property in Fountain sells for $193 per sf

A single-tenant, triple-net leased property – part of the Markets at Mesa Ridge shopping center in Fountain – sold for $1.93 million. ​The 10,000-square-foot Dollar Tree is located at 6955 Mesa Ridge Parkway, just south of Colorado Springs and in close proximity to Fountain’s primary employer – Fort Carson. ​Constructed as a build-to-suit for Dollar […]

Jennifer Hayes

June 1, 2020