All in Industrial Space
Delta Group Electronics, a perennial member the Journal’s Flying 40 list of fast-growing technology companies, is expanding its local operation with the recent purchase of the 49,500-square-foot warehouse at 4521A Osuna Road NE.
The 50,000 square foot, Class A high-bay warehouse/distribution building developed and occupied by S & M Moving Systems has been sold at an undisclosed price to an Albuquerque-based manufacturing company. Located within the industrial section of Conejos Business Park, the building was...
Single owner property! Class A industrial building located in the heart of Albuquerque's most desirable submarket, the North I-25 Corridor. Conveniently located immediately west if Interstate 25, and just east of the intersection of Jefferson and Osuna. Excellent owner/user opportunity priced at a fraction of replacement cost.
One of the largest multi-tenant industrial buildings in Albuquerque is now 100% leased! The owner of the state-of-the-art, 200,000+/- square foot distribution complex located at 8000 Bluewater NW just inked a 19,000+/- square foot lease with...
A local investment group recently sold a 6,235+/- square foot office/flex building located at 8532 Paseo Alameda NE in Alameda Business Park. The buyer, General Mailing & Shipping Systems, Inc., will be moving out of a smaller space it currently leases at Candelaria Business Center.
Albuquerque Industrial Market Update
Compared to the previous quarter’s stellar success the third quarter managed to post more modest results. Several large moves carried the quarter and prevented it up from being flat. Vacancy dropped 70 basis points. The biggest move was done by Southern Wine & Spirits who occupied nearly 188,000 square feet of warehouse and distribution space in the North Valley. This was an expansion that more than doubled the amount of space they were leasing Downtown.
Rio Rancho Office / Warehouse / Showroom
Grace Outreach Center in Rio Rancho has purchased the former JC Tile building located at 1016 Rosarito Dr. SE. The approximately 15,000 square foot, retail/showroom building, situated on 1.12 acres of land, was constructed in 2008 by JC Tile. The commercial property was liquidated by the FDIC. The Ransom-With Team had the local listing assignment for the Rio Rancho commercial building.