Commercial Real Estate Broker, Investor, and Advisor in Colorado (720) 577-5570
Colorado Springs, Colorado
Joined February 2012
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These robots are being used at an apartment project in Seattle to track progress and collect safety data. A recent study by Suffolk and MIT suggests that the use of AI in construction could cuts costs by 17%-20% and shorten build times by 22%-25%.
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Construction on N Powers to I-25 will resume next month. They’ll start with the bridges shown in the image below. Then proceed to the road. Don’t get too excited though… anticipated completion date is 2030 at the earliest.
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As WFH starts to fall out of favor, we're seeing tech companies not only renew leases but make office purchases as well.
costar.com/article/321132913…
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Office leasing, on a national level, is making its comeback!
costar.com/article/211459852…
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How far you’re actually walking in a parking lot vs shopping in a more urban setting... youtube.com/shorts/stKkE7qRG… via @YouTube
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An unfortunate loss for #ColoradoSprings
fox21news.com/news/local/sol…
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A city is either growing or it’s dying. Our city council just voted in favor of hindering the growth of #ColoradoSprings. We need more jobs and more affordable housing and La Plata’s Amara would have helped with both.
kktv.com/2024/08/15/i-think-…
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Brett Ogden | Broker retweeted
Apartment construction is slowing in the Pikes Peak region.
In May, there was only a very small 3 unit complex in Monument that was permitted. YTD = 507 new units.
With older projects finishing up, the total number of apts under construction right now is 7,827. (-350 since May)
Multifamily Investment Falls to Four-Year Low costar.com/article/110617537…
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Some signs of a turn-around in the large office leasing market.
product.costar.com/home/news…
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What this latest series of interest rate hikes looks like compared to rate hikes over the past five decades.
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The impacts of this on the residential home selling process will take time to see. But it's important to clarify that this is a result of the near monopoly that NAR has held with MLS. The same monopoly does not exist in the commercial real estate market.
apnews.com/article/national-…
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10 acres of commercial land available in Monument with I-25 visibility. Interested but need less acreage?Give me a call! More details here: hoffleigh.com/listing/beacon…
@hoffleigh #commercialrealestate
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High visibility retail space on Hwy 85 in #Fountain, Colorado. Nearly 2,000 SF end cap (highway facing) with glass on two sides. $18/SF NNN. More info in the link: hoffleigh.com/listing/6614-c…
@hoffleigh #commercialrealestate #coloradosprings #Retail
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Evolution of #fastfood continues with @ChickfilA announcing the 2024 opening in Atlanta of a 4-lane drive thru, vertical kitchen concept that will have two lanes devoted to online orders. You might recognize the similarity to @tacobell's Defy concept. Less space, more sales!
Early plans for annexation, hundreds of homes just south of Colorado Springs move forward gazette.com/government/early… via @csgazette
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Did anyone *not* see this coming... both the return-to-office mandates AND the employee reaction? product.costar.com/home/news…
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This data is by no means conclusive but it does suggest that office properties in the suburbs (rather than downtown core) are doing slightly better. And, that tenants are not necessarily moving to higher quality buildings.
product.costar.com/home/news…
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