
Cooper Metts
Real Estate Reporter at Albuquerque Business First
Articles
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2 weeks ago |
ourcommunitynow.com | Cooper Metts
Share DBS&A relocated its offices the week of March 17 to the entire second floor of Uptown's One Park Square building. The engineering and environmental consulting firm's move comes amid a potential change in ownership of its previous office building and a need for more space with an uptick in employment and plans for more hiring. Its former office building at 6020 Academy Road NE is listed for $2.75 million, according to a listing on Commercial Association of Realtors New Mexico.
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3 weeks ago |
bizjournals.com | Cooper Metts
Retail space in New Mexico metros is becoming a hot commodity, with vacancy rates at historic lows. While low industrial and high office vacancy rates often dominate the conversation, the Albuquerque-Santa Fe retail market's low vacancy rate — which significantly impacts new entrants like Shipley Do-Nuts and Slim Chickens — is often overlooked. Since around 2022, retail vacancy rates in the Albuquerque-Santa Fe market have hovered between about 2.5% and 3.5%, according to CBRE Research.
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3 weeks ago |
bizjournals.com | Cooper Metts
Downtown property owners have been working on creating this district for about a year-and-a-half. At AREA’s quarterly meeting April 3, a consultant detailed the progress of downtown property owners’ efforts to improve downtown through a business improvement district (BID).
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3 weeks ago |
bizjournals.com | Cooper Metts
Albuquerque business owners are exploring ways to enhance downtown safety and cleanliness. Learn about the proposed solution and why it's stirring debate. A group of downtown Albuquerque property owners will meet April 3 at 500 Marquette Ave. NW to discuss making downtown a more business-friendly environment through a business improvement district (BID).
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3 weeks ago |
bizjournals.com | Cooper Metts
A partnership of mostly local investors want to see the ground floor taken over by a restaurant or brewery. A partnership of mostly local investors are looking for a user or users to convert the ground floor of the 34,000-square-foot former AAA office building into a restaurant or brewery. The partnership, managed by Jeff Stuve and Mike Fietz, acquired the former AAA office building at 10501 Montgomery Blvd. NE in November 2024 for an undisclosed price.
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