A lack of available space, high construction costs and high demand has caused the demand for office and warehouse space in Albuquerque to skyrocket, local developers say.The boom is spurred by pent-up local demand, out-of-town interest and increases in several local...
Commercial Real Estate
Commercial real estate trouble? Support available in New Mexico
The New Mexico real estate market has its ups and downs, like most other businesses. If you run into commercial real estate problems, do you know where to seek support to find the swiftest and strongest solution that has the least amount of negative economic impact...
The dangers of rushing commercial lease negotiations
There are many time pressures New Mexico business owners can face when trying to lease space for their company. This could tempt them to simply push through lease negotiations as fast as they can once they find a space they like. However, it is important to keep...
The future of commercial real estate in Albuquerque
It is no secret that New Mexico’s commercial real estate market has lagged behind other regions in the southwest when it comes to growth. However, performance with retail and multifamily housing is in line with historical averages. Because of this, it is...
To Whom Should You Ask Your Real Estate Questions?
Real estate agents and Realtors are very knowledgeable about many aspects of property. They often have insight on which neighborhoods are "hot," and which upgrades and home renovations yield the largest return on investment. They are also entitled to execute very...
Basic steps in commercial property valuations
The basic tenet of real estate investing is to buy low and sell high. While that may seem simple enough, determining the actual worth of a property is not always easy. Several factors are in play, including the current state of the property, the extent of repairs or...
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