Investors Targeting Colorado Springs (as reported on www.crenews.com )
Out-of-state investors are pumping capital into the Colorado Springs, CO, real estate market, according to a report by market tracker Turner Commercial Research. Last year, a record $1.1 billion worth of commercial real estate was purchased in the Colorado Springs area. Of that total, out-of-state buyers accounted for $775 million, nearly five times the amount they purchased in 2001. The report cites growing confidence in Colorado Springs and its economy as among the reason for investor interest.
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