March 2, 2012
The CEO of Colorado Springs-based TechWise has acquired an interest in a high-profile downtown office building and plans to move the company’s headquarters there in May.
Shawnee Huckstep bought an interest in the former Chase Bank building, 6 N. Tejon St., joining The O’Neil Group and Colorado Structures Inc. as partners in a limited liability company that owns the 130,000-square-foot structure. TechWise plans to move its headquarters, which houses about 20 of its 200 employees, to the fifth floor once remodeling is complete in May, said Daniela Bright, the company’s communications director. The headquarters is currently at 2860 S. Circle Drive.
“This is an important move for TechWise and our employees are excited to become part of the downtown culture and elevate our support of the Colorado Springs business community,” Huckstep said in a press release posted on the company’s website. “We have plans to make this building one of the best choices downtown with like-minded companies who are proud to be in Colorado Springs and want to enjoy the best of downtown.”
Huckstep had been negotiating to buy into the partnership since it acquired the property in July for $5.8 million in the midst of foreclosure. Braxton Technologies, another Springs-based defense contractor that is majority owned by O’Neil Group, moved its 90 employees to the building last month.
Huckstep started TechWise in 1994 when she and her husband, Arran, were students at Baylor University in Texas. The company, which provides professional services consulting, training and educational services to government and commercial clients worldwide, has doubled in staff since Shawnee Huckstep was named Colorado’s Small Business Person of the Year in 2008. The company’s revenue has nearly doubled in the past two years, although company officials declined to disclose any financial information. Much of the growth has come from providing training needs analysis and other services in the United Arab Emirates through a new office TechWise has opened in Dubai.
The company also provides services at Schriever Air Force Base near Colorado Springs, Joint Base Lewis-McChord in Washington, Fort Hood in Texas, Fort Sill in Oklahoma and Fort Benning in Georgia.
The Hucksteps began TechWise as a part-time business. They moved to the Springs in 1996, when Arran Huckstep was stationed at Peterson Air Force Base, and launched the business full time in 2001 as a provider of technology and training for software development and systems design. They added a military programs division in 2004.
Contact Wayne Heilman: 636-0234 Twitter @wayneheilman
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