All in Just Closed!
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...
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...
One of the Tiburon Office Park buildings located within the Journal Center has been sold to Bank of New Mexico (comprised of Grants State Bank / Gallup State Bank / Sunrise Bank of Albuquerque). The property has a physical address of 7401 Jefferson St NE and was the second freestanding building that was completed within in the 3+/- acre master-planned development in 2007.
One of the last remaining commercial land parcels in the east Paseo del Norte corridor has been sold to a Denver-based development partnership between MVG Development and MorningStar Senior Living. The 3.2 acre property, located at just east of Wyoming Blvd on the south side of Paseo del Norte, is one of the largest contiguous parcels in the immediate area and is desirable due to its visibility and proximity to a high density of medium income households.
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 Office Space - Leased
Elite Healthcare, based in the Fort Worth / Dallas, TX area, executed a new lease for approximately 4,143 square feet of space at 4301 The 25 Way. The company will be opening a physical rehabilitation and therapy practice in the space. The property is owned by First American Bank, which is headed locally by Geoff Wagner.
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.
Albuquerque Family Sells Office Building
The family of long-time surveyor and owner of Albuquerque Surveying Co,, Fred Sanchez, sold its 2,060+/-square foot, freestanding office building located at 2119 Menaul Blvd NE. The block building, which was owner-occupied for several decades, has excellent frontage on Menaul Blvd and is constructed of masonry block.
Albuquerque Commerical Real Estate - New Lease!
New City Church will have a new home soon at Far North Shopping Center, located at 6300 San Mateo NE. New City will be leasing a 7,846 square foot space in the corner of the shopping center, previously occupied by retailer, Tuesday Morning. The location is ideal as it will provide New City with an expanded sanctuary area, along with meeting and educational space designed to serve its members.