Braxton Technologies buys key downtown Colorado Springs buildingA partnership that includes the majority owners of Braxton Technologies has acquired the former Chase Bank building in downtown Colorado Springs. Six North Holdings, which includes Braxton majority owner The O'Neil Group Co. and other local investors, paid 5.8 Million last month to acquire Bank of America's position in the property. Their desire is to have a facility that reflects their image and creates a positive image for the community. They want to portray themselves as one of the fastest growing companies in this area so that theycan attract and retain top employees, including graduates from the University of Colorado at Colorado Springs College of Engineering. Andy Oyler of Grubb & Ellis/Quantum Commercial Group, said the sale and the Braxton move to downtown Colorado Springs are exciting for Colorado Springs as well as downtown. He said that they are filling a huge void and bringing in a lot of high paid engineers which will support retailers, residential properties, and everything in the downtown area. Click here for details http://www.realestatebyhughes.com/00BB19 Posted on July 14, 2011 09:38:00 by The Hughes Team
Posted in Economic News
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