Briargate building sells to growing firm
A Colorado Springs-based software and hardware design engineering company acquired a single-story flex building in Briargate that will accommodate its “significant” growth. Colorado Engineering, under the name Law Land Company LLC, paid $2.33 million for the 38,962-square-foot building at 1915 Jamboree Drive in Colorado Springs.
“Our company has steadily grown since we were founded in 2003 and the acquisition is a culmination of our efforts,” said Nancy E. Scally, CEO of Colorado Engineering. The acquisition of the building, where Colorado Engineering will relocate and occupy around 24,000 sf, will triple the company’s existing space.
Jennifer Hayes has been an Editor with the CREJ for more than 12 years. Jennifer covers all commercial real estate news for all property types in the Colorado Springs/Southern Front Range and the Western Slope/Mountain Town areas. Jennifer also is Editor of the Construction/Design/Engineering section, the Economic Development section and the Shopping Center section.
Before joining the Colorado Real Estate Journal, Jennifer served as the Assistant Sports Information Director at Texas A&M-Commerce. She earned her bachelor's degree in broadcast journalism from the University of Colorado and a master's degree in education from A&M-Commerce.
When not bringing you the latest in commercial real estate news and views for the Denver area, Jennifer enjoys spending time with her husband and son, sports, dining out, reading, and perfecting her cookie and cupcake icing technique.