All in Office Space

The 1st Quarter 2015 Office and Industrial Forecast Reports are available and ready for download. 

  • At first glance the office market looked like it was a flat quarter with vacancy holding steady at 20.5 percent. The encouraging aspect is how it overcame a very large amount of space that became vacant. 
  • After a banner year in 2014 the industrial market stumbled out of the gate as a handful of large available spaces vacated during the quarter. Vacancy increased slightly rising 20 basis points from the fourth quarter of 2014.

Journal Center Office Building Sells to Local Financial Institution

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. 

Downtown Albuquerque Office Building Being Purchased by MMA Academy

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 in Downtown Albuquerque.

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.

Freestanding Journal Center Building For Sale - 7401 Jefferson St NE

Office Property For Sale or Lease

Rare opportunity to lease or own a boutique office building in the heart of the Journal Center corridor. 7401 Jefferson St NE is a Class A office property situated in Tiburon Park, an award-winning office complex in a well-landscaped campus environment. The property offers modern exterior/interior finishes, a fenced patio area and covered parking.

7400 Tiburon St NE consists of 50,000+/- square feet of office improvements situated on 3.86+/- acres of land located in the center of Journal Center II. The property was constructed in 2004 with a state-of-the-art architecture (high ceilings, flexible interior layout, and abundant natural and indirect light) and comprised of high quality materials.