ABQ’s Industrial Vacancy Rate of 2% and Dropping?

Industrial Building

The Albuquerque Industrial market is the tightest it has been in decades.  You may hear it is due to growing space needs of 1)  movie and film industry use impacted by Netflix acquiring Albuquerque Studios, pushing other tenants to alternative locations, and 2) legalized cannabis use.  Although these new and expanding industries have exacerbated the shortage of industrial space, projections … Read More