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

How Will Investors Position Their Office Assets for Success In a Post-Pandemic Environment

Office Building

Prior to covid, the national labor market was tightening, creating a demand for technologies to support greater collaboration between geographically separate offices, attract remote employment and offer greater flexibility for employees that required non-traditional business hours. These tools provided white collar jobs the ability to quickly pivot during the pandemic from an in-office environment to a work from home environment. … Read More