Downtown Albuquerque Office Building - Under Contract
The Colliers International | Ransom-With Team has the listing assignment for the former DEA and FBI facility located at 301 Dr Martin Luther King Jr Ave. The 33,000 square foot building was constructed by the El Paso developer, Whitfield Properties, Inc, for the FBI in 1979. The building was then remodeled in 1990 when the FBI moved out of the property and the DEA took over until they vacated in 2012 and moved into a new 70,000+/- square foot building in Mesa del Sol.
The property is currently under contract for sale to world-renowned MMA trainer, Mike Winkeljohn (www.CoachWink.com), who is planning to open a state-of-the-art MMA Academy. The building will undergo a very extensive remodeling effort that will completely change the landscape of the northeast corner of Broadway Blvd and Dr. Martin Luther King Jr. Ave. The concrete building currently has an old industrial design and the new renderings reveal a very modern, attractive plan. In addition, this is a wonderful example of a local entrepreneur reinvesting its capital in a much needed business, Downtown Albuquerque business district.
The Albuquerque Journal and Channel 13 News both published announcements (on October 1, 2014) about the new facility, which is slated to open in early 2015. Below is a link the the Channel 13 News release. It should be noted that despite what that the news channel mentions the facility has already been purchased, the property is currently under contract and is scheduled to close very soon. Stay tuned for more updates!
Channel 13 News web site article: Click Here
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