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| InterQuest Marketplace, Colorado Springs, CO |
IRVINE, CA(July 8, 2013) – Western National Group and
Nor’wood Development Group have announced the development of their fourth joint
venture multifamily project in Colorado Springs. The development will be located within the “InterQuest
Marketplace” development located at the intersection of I-25 and InterQuest
Parkway.
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| Rex DeLong |
InterQuest Marketplace is a dynamic mixed-use development
owned by Nor’wood which offers a variety of entertainment and dining options to
the residents of north Colorado Springs.
When complete, the apartment project will consist of 250 to
300-units featuring a mix of one, two and three bedroom apartments with various
luxury amenities.
“The positive experience our firms are having working
together, and the overall strength of the apartment market in Colorado Springs,
have given both firms the confidence to begin work on a fourth project,”
according to Rex DeLong, President of Western National Realty Advisors,
an affiliate of Western National Group.
“We’ve worked closely with Nor’wood in order to select sites
which offer the future residents convenient access to transportation, local
amenities and workplaces within this city,” DeLong noted.
“As partners, we remain focused on strategic infill
locations in vibrant Colorado Springs markets,” DeLong added. “Colorado Springs has a growing population
that is dynamic and highly educated.
Together, we believe that the existing and proposed dining and
entertainment offerings at InterQuest Marketplace, make this new apartment
community a natural fit and will provide its residents with an extraordinary
and energizing environment.”
Western National Group and Nor’wood Development Group are
currently under construction on a 315-unit community located within Nor’wood’s
First & Main Town Center, a 260-unit community in the Rockrimmon submarket,
and a 260-unit community located at Woodmen & Powers near the St. Francis
Medical Center
For a complete
copy of the company’s news release, please contact:
Corynne Randel or
Judith Brower
Brower, Miller & Cole
(949) 955-7940
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