Alex Ringsby is leaving.
He listed the firm Ringsby Realty, founded in 2002, for its current office building at 1336 Glenrum Place last week for 3.45 million.
According to property records, the two-story, 6,250-square-foot building was purchased from the Colorado Press Association in 2014 for 1.2 million and has occupied the second floor for the past six years.
Last month, the company traded 1801 W. Colfax Ave. A began a 1 million reconstruction of his new office, which was stuck under the viaduct by the I-25 near the railroad. Ringsby expects the project to be completed by January.
“We bought a scrapyard with a machine shop there which we are turning into our office,” Ringsby said. “The area is ripe for growth, and we already own some other property in the vicinity, so we’re keeping an eye on that.”
The firm has a team of eight and specializes in industrial, land and investment properties. According to the company’s website, Ringsby left Cushman & Wakefield to start Ringsby Reality about 20 years ago.
Ringsby Realty bought 0.6 acres of property last year for 60,000, records show. The firm plans to extensively renovate the existing 3,500-square-foot building for its office and add grass and trees, a parking lot, a basketball court and a recreation area for events.
“It will be much easier for our team to get to the freeway from there,” Ringsby said. “We look forward to the next chapter and hope to have a little more fun with more interactive spaces for employees and customers.”
Ringsby said the business and its employees have also been consistent over the past few years. He wants to add three in a year.
Ringsby and colleague Scott Patterson are currently marketing the Park project, a distribution center near the junction of Havana Street and Interstate 76, in the commercial city, for lease. The 27, 557 sq ft development consists of three buildings on a 20 acre infill site.