Latest From the Blog


Real Estate Trends in the Legal Industry – Fall 2017 Report

Law firms have historically favored large office spaces in primary submarkets, and as a result many law firms carry the weight of a substantial office footprint causing operational inefficiencies. Certain law firms are embracing alternative structures including flexible workspaces. However, law firms remain one of the most traditional industries when it comes to office space.

To provide insight into how a personalized real estate strategy can align with and promote business goals, Our Colliers Law Firm Practice Group has prepared a report that offers key tactical approaches to integrating strategic functions into the fabric of key offices.

Having trouble viewing the report? Download it directly here 

Featured Property – 4900 Lang Ave. NE

4900 Lang Ave NE is a state-of-the-art, two-story office building located in Albuquerque’s prestigious 300-acre Journal Center master-planned development. A truly central location in the heart of the city’s most sought after North I-25 Corridor business district, this property offers convenient access via the Paseo del Norte river crossing to the city’s east and west sides. It is also adjacent to many amenities including the brand new Legacy @ Journal Center (Cabela’s and planned future development), restaurants, hotels, and services!

To learn more about 4900 Lang Ave, contact us

Featured Property: Market Station @ the Santa Fe Railyard

Colliers International and Barker Realty are pleased to present this opportunity to acquire an approximately 59,963 square foot, multi-tenant retail condominium property located in Santa Fe, New Mexico. Constructed in 2008, 500 Market Street (“Market Station”) is situated on a long-term land lease in the heart of Santa Fe, New Mexico’s North Railyard District, an integrated mixed-use corridor located just south of the historic Santa Fe Plaza. This offering represents a rare opportunity to acquire a unique asset consisting of three (3) condo units (1, 3, & 4) being introduced to the market for sale for the first time. The asset sale has been authorized by the U.S. Bankruptcy Court Trustee.

Read more about this property at 500marketstreet.com

Case Study – 2551 Coors Blvd. NW

Ransom-With offers expert landlord/seller and tenant/buyer representation services and solutions in Albuquerque, New Mexico. We work to ensure that our unique solutions meet the needs of our clients, whether they are selling a property or looking for office space. A unique example of this is the property at 2551 Coors Blvd. NW.

The building had never been vacant since the building was built for Silo Electronics and Appliance in 1984, and later occupied by K&S Kawasaki. The Coors & I-40 Interchange construction changed the property from a retail location to an office location, and 2006 Pathways purchased and remodeled the building for their Behavioral Health Services. The FDIC acquired the building in 2015.

The Challenge

The Ransom-With Team was awarded the listing to sell an asset for Rialto Capital Management doing dispositions for the FDIC. This was not a typical disposition for the FDIC. When the FDIC acquired the asset, there was a service provider occupying the space without a lease. We needed to work through the FDIC and the State of New Mexico to ensure that the behavioral health clients that were relying on the services they provided at the 2551 Coors location were not without care while new state contracts were awarded, and leases and P&S agreements were negotiated and put into place.

The Result

The Ransom-With Team was able to secure a lease with NM Solutions for the 12,553 square-foot building, and then sold the property as a net-leased investment to an out-of-state investor.

Thanks for your interest in our work. If you would like to learn more about what we do, contact Ransom-With today.

Sincerely,

John Ransom and Tim With

Our Work With Contract Associates

Ransom-With offers expert landlord/seller representation services and solutions in Albuquerque, New Mexico. We work closely with our clients to determine their unique needs and come up with strategies to help them find the right solution. We recently worked with Contract Associates to help them find a new space for their business.

The Challenge

After 28 years in business, and 18 years in the Sawmill location, Contract Associates, determined that they needed move in order to make their product and inventory business more efficient, and improve their offices for employees, and showroom to display their product lines.

Contract Associates wanted a unique space and decided to separate their warehouse activities from their corporate headquarters’ offices/showroom to meet their objectives.

The Solution

The Ransom-With team worked as Tenant Representatives during the site selection process for both office/showroom and warehouse functions.

Contract Associates moved their corporate headquarters to the historic Banque Building at 219 Central Avenue NW in downtown Albuquerque on February 1, 2017. They are occupying the ground-floor space previously tenanted by banks serving the downtown area.

Contract Associates’ warehousing activities are now centrally located in the I-25 Corridor in the Jefferson Business Center. The new warehouse will enhance operations by providing a more functional layout, higher ceilings, upgraded docks, and improved access for deliveries and their customers.

“Our business plan required us to make a move after being in the same location for more than 18 years. The Ransom-With team at Colliers International took a collaborative approach to understand our business and shared their expertise to help us assess the market and our options. John and Tim delivered on their reputation for being responsive and genuinely interested in seeing that we met our goals.”

Maria Griego-Raby 
President, Contract Associates

Thanks for your interest in our work. If you would like to learn more about what we do, contact Ransom-With today.

Sincerely,

John Ransom & Tim With