News - Albuquerque

  • Single-Tenant Retail Asset Changes Hands in NM

    The 43,484-square-foot property is on the border of New Mexico and Texas. The only tenant of the building is a grocery store.

    31 July 2018 06:11
  • Albuquerque Struggles on Recovery Path

    Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.

    27 February 2018 19:44
  • Capstone Expands Property Management Portfolio

    The Austin-based firm has landed contracts for four communities located across Texas and New Mexico, totaling more than 800 units.

    02 February 2018 14:24
  • New Fairfield Inn & Suites Opens in ABQ

    Located 10 miles from Albuquerque International Sunport and five minutes from downtown, the property operates under the Marriott umbrella and is being managed by Sun Capital Hotels.

    17 January 2018 10:53
  • Facebook to Add 1.8 MSF to Los Lunas Data Center

    The social media company announced a second expansion to its Los Lunas Data Center project in New Mexico, increasing the total size the facility to 2.8 million square feet and the development cost to $1 billion.

    17 November 2017 11:43
  • Albuquerque: Duke City Strives to End Woes

    The metro has one of the highest unemployment rates in the nation and moderate population growth, yet its real estate fundamentals continue to lag those of neighboring areas.

    26 October 2017 14:35
  • HMC Awarded Management of ABQ Hotel

    The 104-key Holiday Inn Express Albuquerque is now part of the growing number of hotels that Hospitality Management Corp. operates.

    24 October 2017 17:39
  • Raytheon Opens 3rd ABQ Facility

    The new 72,000-square-foot building will support key missions for the U.S. military and coalition partners. The expansion is slated to bring 60 high-tech manufacturing jobs to New Mexico.

    23 October 2017 17:37
  • Work Begins on Albuquerque’s Snow Heights Promenade

    Snow Heights Promenade will feature a $45 million Entertainment Lifestyle center consisting of more than 127,000 square feet of retail space connected by an Entertainment Sound Stage placed in the center of the promenade.

    05 September 2017 18:28
  • ABQ Embraces Live-Work-Play at Lobo Rainforest Building

    A $35 million, 160,000-square-foot mixed-use building replaced the old First Baptist Church site and will house students, Innovate ABQ tenants and UNM’s Innovation Academy.

    28 August 2017 21:55
  • New Home2 Suites Hotel Opens in N.M.

    The 91-key hotel is located two miles from downtown Las Cruces, four miles from Sonoma Ranch Golf Course and 25 miles from the White Sands Missile Range.

    09 August 2017 18:39
  • Hotel Chaco: Old World Charm and Modern Amenities

    The 118-key hotel, located adjacent to sister property Hotel Albuquerque at Old Town, features Native American art throughout the property as well as day trips to its namesake national monument.

    03 August 2017 17:37
  • Mt. Taylor Manufacturing to Invest $1M in South Valley Expansion

    The New Mexico company will receive $100,000 in funds from the Economic Development Department.

    12 July 2017 17:05
  • Albuquerque: On the Mend

    Despite being the hub of New Mexico’s technology corridor, the metro has only experienced modest population and employment growth throughout the recent economic expansion, Yardi Matrix data shows.

    26 June 2017 13:30
  • Pattern Energy Acquires 324MW Broadview Wind Facilities

    The California investor acquired interest in the two wind projects that comprise the 324-megawatt Broadview Wind power facilities and the associated independent 35-mile 345-kilovolt Western Interconnect transmission line for $215 million in cash and an assumed project loan of $54 million.

    04 May 2017 19:08