This supply-demand imbalance led to record-setting prices for industrial property sales, with rents following suit; rents steadily climbed and ranged from $13.00 to $15.00 per square foot for new leases in 2023. In the dynamic landscape of Santa Fe’s industrial real estate market, the trend of diminishing inventory persisted throughout 2023, while the demand for available space showed no signs … Read More
Albuquerque Industrial Real Estate Market Update: Stability and Growth
The Albuquerque industrial real estate market offers a compelling blend of stability and growth opportunities. With limited supply and higher demand, investors have the chance to capitalize on the market’s resilience and potential for sustained growth. In the Albuquerque industrial real estate market, stability reigns supreme amidst a landscape characterized by limited supply and continuing demand. Over the past decade, … Read More