Posts by Monica Christofferson

Posted 05 Sep 12 By: No comments yet

Developer Karam selling his ABQ portfolio

El Paso developer Eddie Karam and his Albuquerque partner Erik Olson have put their three Albuquerque properties up for sale.  To read more on this click on the following link. http://www.bizjournals.com/albuquerque/blog/morning-edition/2012/08/developer-karam-selling-his-abq.html

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Posted 28 Aug 12 By: No comments yet

NAI Maestas and Ward honored as one of The New Mexico Private 100

During a special lunch and program on August 23rd, 2012 NAI Maestas and Ward was honored as one of The New Mexico Private 100 for 2012. The luncheon held at Sandia Resort and Casino honored the top executives of The New Mexico Private 100, comprising the largest privately-held businesses located throughout New Mexico. This event…

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Posted 16 Aug 12 By: No comments yet

NAI Maestas & Ward Brokers Property for Stimulating Minds

Don’t Miss One-of-a-Kind Autism Clinic Open House in Albuquerque STIMULATING MINDS OPEN HOUSE THURSDAY, AUGUST 16 4:00 — 6:30 PM 6100 Seagull St. NE – Suite B202 Before Stimulating Minds Autism Clinic opened its doors this month, New Mexicans with Autism had almost no way to receive their various therapies and services all in one…

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Posted 31 Jul 12 By: No comments yet

Meineke to Provide Quick Service Car Care in Alameda Trade Area

Brakes squeaking? Need an oil change and you only have your lunch hour? Found yourself with dead battery? The newest Meineke Car Care Center in Albuquerque is just what you need. Carlos Segura, co-owner, has recently signed a lease for 3600 square feet of space on Alameda at San Pedro for the newest Meineke Car…

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Posted 25 Jul 12 By: No comments yet

Erik Olson quoted in July issue of National Realtor Magazine

Erik Olson, Senior Advisor with NAI Maestas & Ward was quoted in the July National Realtor Magazine concerning Multifamily trends.  Among many positive trends, Erik notes that there should be at least 1000 units breaking ground in Albuquerque by the end of 2012.  To read more go to http://realtormag.realtor.org/commercial/feature/article/2012/07/age-multifamily

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Posted 16 Jul 12 By: No comments yet

Steve Maestas Gives Mid-Year Commercial Real Estate Update

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, made a guest appearance on The Property Beat on Saturday, July 7 to give the Mid-Year Commercial Real Estate Update and offer insight into the art of real estate investments. During his interview, Maestas provides an overview of the commercial real estate market…

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Posted 10 Jul 12 By: No comments yet

Scalo Moves to Paradise

Steve Paternoster, Owner/Operator of local favorite Scalo Northern Italian Grill, has announced a change of scenery for his business offices. A recent purchase of 4209 San Mateo NE moves the business offices from their current location on Ellison to the well known home of Paradise Village, a local electronics retailer, on San Mateo just south…

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Posted 27 Jun 12 By: No comments yet

Local Preschool and Childcare Center Opens Fifth Location on ABQ West Side

The summer is just getting started, but for many parents, the coming school year and many child care decisions that go with it are already looming. For families on Albuquerque’s West Side, a new child care option might be just the solution.  ABC Preschool recently leased two free standing buildings at Paseo del Norte and…

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Posted 20 Jun 12 By: No comments yet

New Clinic Focuses on Full Service Care for People with Autism and Caregivers

The quiet southeast corner of Seagull Street and Osuna is soon to become the home of Stimulating Minds Autism Clinic. Set to open their doors on August 1, Stimulating Minds Autism Clinic is poised to provide a variety of services to patients and caregivers alike. From applied behavioral analysis, social skills groups and educational resources…

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Posted 19 Jun 12 By: No comments yet

Dos Hermanos Re-Opens in the Duke City

Dos Hermanos is back! The popular New Mexican restaurant is re-opening its doors in the Market Place at Journal Center on Jefferson near Paseo del Norte. Dos Hermanos opened in New Mexico in the 1990’s and served a wide range of New Mexican favorites to devoted fans. In November 2011, after struggling through the poor…

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Posted 11 Jun 12 By: No comments yet

Restaurants’ See Biggest Gains In Four Years

According to the NPD Group (Consumer Market Research Group), the leading provider of reliable consumer information, restaurants saw their strongest gains since 2008. Additionally, “The two food service sectors that increased guest counts in the first quarter were quick service and fine dining, NPD found. Visits to quick-service chains rose 2 percent during the period,…

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Posted 01 Jun 12 By: No comments yet

NAI Maestas & Ward Santa Fe Office Assists in Santa Fe Auto Showcase Relocation

After a year and a half of successful business on St. Michael’s Drive, Santa Fe Auto Showcase has signed a new lease and announced their relocation to 6820 Cerrillos Road in Santa Fe, New Mexico.  Set to open the doors of their new location on July 1, owners Leo Duncan and Paul Proestos are confident…

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Posted 02 May 12 By: No comments yet

Hanover Business Park Approaches 100% Occupancy

Hanover Business Park, a recent commercial development in Albuquerque’s West Mesa area, is steadily reaching occupancy. The newest lease, signed for 2,212 square feet of space, represents 89% occupancy in the first phase of construction, and a beautiful new home for New Life Tabernacle Church.  Hanover Business Park is being developed in three phases, the…

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Posted 24 Apr 12 By: No comments yet

NAI Maestas & Ward Commercial Real Estate Assists in SAIA Relocation, Fills Vacancy in Albuquerque Industrial Landscape

SAIA, Inc. has announced the expansion and relocation of their Albuquerque terminal. The less-than-truckload trucking company provides regional trucking service to the South and Southwest as well as partner serviced trucking across the United States and internationally. The company is the industry leader in customer care, and focuses all aspects of business on customer satisfaction….

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Posted 16 Apr 12 By: No comments yet

NAI Maestas & Ward Commercial Real Estated Honored as Top Leasing Firm in Albuquerque

NAI Maestas & Ward Commercial Real Estate has been named Top Leasing Firm by the national real estate research organization CoStar Group. Using overall leasing transaction volume in 2011, NAI Maestas & Ward was measured against all active commercial real estate brokerages in the Albuquerque area and proved to be a top producer. Contributing to…

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Posted 21 Mar 12 By: No comments yet

NAI Maestas & Ward’s Erik Olson Featured In CCIM Institute Magazine

NAI Maestas & Ward Senior Advisor, Erik Olson, CCIM has been featured in the CCIM Institute’s monthly magazine “Commercial Investment Real Estate”. The article, “Multifamily Media Frenzy: Apartment investments still rule the front page” discuss the successes of multifamily property sales despite the struggling economy. Erik is NAI Maestas & Ward’s multifamily expert with over…

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Posted 20 Feb 12 By: No comments yet

NAI Global Honors NAI Maestas & Ward with Eagle Award

NAI Maestas & Ward, headquartered in Albuquerque, New Mexico, was recognized by NAI Global with its Eagle Award for performance in 2011. The Eagle Award recognizes the NAI member firm that best exemplifies the Right Stuff–a composite of leadership, capital and resources; commitment to quality; the desire and energy to grow; and sharing the NAI…

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Posted 07 Feb 12 By: No comments yet

A Tale of Two Markets

A Tale of Two Markets The current commercial real estate market reads like the Charles Dickens’ novel, A Tale of Two Cities: “it is the best of times and the worst of times”. After three plus years of slack demand, some New Mexico commercial real estate users and investors have apparently determined that now is…

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Posted 30 Dec 11 By: No comments yet

Pending Home Sales Up 26% from 2010

It appears home sales are stabilizing in Albuquerque. Read More…..with Holiday retail sales looking good, I’m believing 2012 will be a strong year for retail expansion in Albuquerque. Friday, December 30, 2011 NAI Maestas & Ward | Phn 505-878-0001    

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Posted 13 Dec 11 By: No comments yet

Record Crowds At Chipotle’s First Opening In NM – Fire Marshall On Scene Due To Length Of Line

It has been a week since Chipotle opened it’s doors to their first location in New Mexico and there is still a line around the building during lunch. Chipotle is so popular that some people waited over two hours in line. In fact, even the Fire Marshall was called on scene due to how many…

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Posted 01 Dec 11 By: No comments yet

Multifamily Housing Development Site Sold by NAI Maestas & Ward Broker

NAI Maestas & Ward Commercial Real Estate Advisor and Director Jim Hakeem recently sold 15.5 acres of vacant land at Coors Blvd. and Montano Rd NW. “This particular site had been on the market for an extensive time,” said Jim. “It is really considered the #1 multifamily housing development site in Albuquerque.” A high-end, 240-unit…

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Posted 30 Nov 11 By: No comments yet

NAI Maestas & Ward Advisor Assists Amazing Gates with Relocation

A New Mexico company located in Bernalillo that has been in business since 1985 has leased space at 8617 Paseo Alameda NE in Albuquerque. Amazing Gates of America will occupy 13,824 square feet in their new location according to NAI Maestas & Ward Commercial Real Estate Broker and Director Rich Diller. The company is a…

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Industrial & Office Market Update Presentation

Debbie Harms, CCIM, SIOR, and Partner at NAI Maestas & Ward presented an update on the status of the commercial real estate office market at a NAIOP luncheon on November 14. Debbie, who has nearly 30 years of experience in commercial real estate brokerage, development, leasing and property management, gave a comprehensive overview of the…

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Academy Office Park New Home for Blue Sky Tours

Debbie Harms, CCIM, SIOR and Partner at NAI Maestas & Ward recently leased a 7,000 square foot space at 6723 Academy Rd NE to Blue Sky Tours, Inc., a leading wholesaler of tours to Hawaii. “This is a great location for this company. They have been in business since 1981 and they will do well…

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Posted 29 Nov 11 By: No comments yet

Chipotle Mexican Grill Opens in Albuquerque Uptown

The long awaited Chipotle Mexican Grill is opening its first location in Albuquerque with a ribbon cutting ceremony hosted by Mayor Richard Berry on Tuesday, December 6 at 10:45 a.m. The restaurant is located on the southeast corner of Menaul and Louisiana and will be a main attraction for residents as well as business people…

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Posted 28 Nov 11 By: No comments yet

NAI Maestas & Ward Broker Assists Los Cuates with Westside Expansion

A very successful Albuquerque restaurant is expanding its operations to the Westside of the Metro area. Los Cuates recently purchased the building formerly occupied by Copeland’s New Orleans Style Restaurant. “This was a very successful location for many years and will be successful in the future as Los Cuates which is a proven Mexican food…

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Posted 16 Nov 11 By: No comments yet

Commercial Real Estate Advisor Discusses Multifamily Housing Sector

NAI Maestas & Ward Senior Advisor Erik Olson, CCIM, comments in the November/December issue of Commercial Investment Real Estate on prevailing cap rates, the re-emergence of credit unions as potential funding sources, and the overall trends in the multifamily housing sector. Erik is quoted in the article, “Multifamily Media Frenzy,” as saying “Niche multifamily properties…

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Posted 15 Nov 11 By: No comments yet

Colores de Cabezon Office Condominium Sold by NAI Maestas & Ward Brokers

A premier office property at 2401 Cabezon Blvd. SE in Rio Rancho near the newly completed Presbyterian Rust Medical Center was recently sold to an investor. NAI Maestas & Ward commercial real estate brokers Martha Carpenter, Dave Hill, CCIM, and Jim Hakeem represented the seller and buyer in the transaction. The new construction office suite…

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Commercial Real Estate Brokers Assist Ideal Vacuum in Relocation

Martha Carpenter and Dave Hill, CCIM of NAI Maestas & Ward represented Ideal Vacuum Products in a recent purchase transaction of a 25,000 square foot property at 5910 Midway Park Blvd. NE that will serve as the company’s new operating location. The company, which has been located at 2401B Phoenix NE, sells vacuum pump products,…

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Posted 07 Nov 11 By: No comments yet

Commercial Real Estate Firm Adapts to Change

In today’s economic environment, the future may seem uncertain and less predictable for businesses than it did just a few years ago. But, as NAI Maestas & Ward’s Managing Partner Steve Maestas sees it, there are also vast opportunities for businesses even in this economic downturn. In a recent article in the New Mexico Business…

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Posted 25 Oct 11 By: No comments yet

Commercial Real Estate Broker Jim Wible Earns CCIM Designation

Managing Partner Steve Maestas of NAI Maestas & Ward Commercial Real Estate announced today that Advisor Jim Wible has received the designation of Certified Commercial Investment Member (CCIM). A recognized expert in the disciplines of commercial and investment real estate, the CCIM designation is achieved by less than 6% of all commercial real estate agents…

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Posted 19 Oct 11 By: No comments yet

Commercial Property Management Team Delivers Great Service

NAI Maestas & Ward’s commercial property management division and its affiliate, Sun Vista Enterprises, recently received the following feedback from clients. Bob Underwood at Specialty Funding wrote “Thanks for having [your team] take care of that for me this morning. As usual you and your team are super.” Signature Southwest Properties President Sherry D’Amato Fowler…

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Paseo Surgery Center Opens in Albuquerque

The former BBVA Compass Bank property at 9551 Paseo Del Norte NE has been sold to Paseo Surgery Center, LLC. The commercial property, which has more than 14,000 square feet, will be home to a new Albuquerque general surgery practice. “It is rewarding to see new companies being established in Albuquerque and Paseo Surgery Center…

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Ideal Feet Leases Commercial Property for New Store

Ideal Feet has opened its first store at 2663 Louisiana NE in Albuquerque. The company currently operates 13 locations in Arkansas, Kansas, Kentucky, Oklahoma, North Carolina, Texas and New Mexico. “This is a great business for Albuquerque and this location on Louisiana is a high traffic area that will give Ideal Feet exceptional marketing exposure,”…

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Posted 30 Sep 11 By: No comments yet

Matt Reeves Joins NAI Maestas & Ward

Matt joined NAI Maestas & Ward in 2011 as an advisor to continue and build on his strong history of working with local businesses on their origination and expansion in the Albuquerque area. Prior to joining NAI Maestas & Ward, he served as a principal at Apex New Mexico Realty Advisors, Inc., a commercial brokerage…

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Mike Barker Joins NAI Maestas & Ward

Mike joined NAI Maestas & Ward in 2011 as an advisor with extensive experience in commercial real estate and mortgage origination. Previously he served as a principal at Apex New Mexico Realty Advisors, Inc., a commercial brokerage firm that he opened in early 2011 specializing in retail, office and light industrial sales and leasing. Since…

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NAI Maestas & Ward Brokers Lease Space to La Mesa RV

Albuquerque is now home to a new recreational vehicle and motorhome dealership, La Mesa RV, which has opened on the north east corner of Lomas and Wyoming next to Rich Ford. La Mesa RV opened its first store in La Mesa, California, in 1972 and is now headquartered in San Diego but has nine stores…

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Posted 26 Sep 11 By: No comments yet

Clayton King Joins NAI Maestas & Ward

Clayton King has joined NAI Maestas & Ward as an advisor according to Managing Partner Steve Maestas. “Clayton has a strong educational background in small business management and entrepreneurship and also has recent experience in a commercial real estate firm in San Antonio. Our clients will benefit from his outstanding ability to analyze business potential…

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Posted 21 Sep 11 By: No comments yet

Senior Advisor Broker Erik Olson Assists Planet Fitness With Rio Rancho Expansion

Planet Fitness has contracted for the purchase of the 20,000-square foot building formerly occupied by the JC Penney Call Center in Rio Rancho, according to Erik Olson, a senior advisor at NAI Maestas & Ward, who is brokering the deal. “This is a perfect location for Planet Fitness and purchasing the property makes sense as…

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Posted 20 Sep 11 By: No comments yet

Christian Sanchez Joins NAI Maestas & Ward

Steve Maestas, Managing Partner of NAI Maestas & Ward, announced that Christian Sanchez has joined the firm as an advisor. “Christian has eight years of experience in state and federal government and business. His financial expertise and invaluable knowledge of public and private sector budgeting will provide our clients with keen insights, investment guidance and…

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Posted 02 Sep 11 By: No comments yet

Real Estate Brokers Find New Use for Industrial Spaces

As the commercial real estate market regains its footing, new uses are being found for older industrially-zoned buildings in the Albuquerque metro area. Such is the case in a transaction that was just completed at 6701 Jefferson NE. NAI Maestas & Ward Advisors Keith Meyer, CCIM, CIOR and Jim Wible completed the lease of 42,000…

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Posted 01 Sep 11 By: No comments yet

Law Firm Relocates with Assistance from Real Estate Advisors Carpenter and Hill

Dixon, Scholl & Bailey, PA, a local law firm that has been in business since January 2000, is moving to a new location in the Conejos Office Park at 6700 Jefferson NE. The firm, which has 15 full time employees, handles civil litigation on both the plaintiff and defense sides, including professional negligence claims, catastrophic…

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CCIM Institute Holding Annual Celebration

The New Mexico Chapter of the CCIM Institute is hosting its annual CCIM Celebration on September 15 at Sandia Resort & Casino from 5:00 to 7:30 p.m. The event is free to New Mexico CCIM Chapter members and is open to the public as well. The annual event provides an opportunity for the commercial real…

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Posted 23 Aug 11 By: No comments yet

Shedden Pilates Relocates to Nob Hill

Nob Hill continues to grow and attract businesses to this thriving, trendy area of Albuquerque, according to commercial real estate advisor and broker Alfredo Barrenechea from NAI Maestas & Ward. “I continue to see demand for great spaces in Nob Hill. The proximity to the University of New Mexico, Central New Mexico Community College and…

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Local Entrepreneurs Open Neighborhood Pizzeria

A new concept in pizza is coming to Albuquerque. Marino’s Pizzeria is scheduled to open in December 2011 at a location that should prove to be very beneficial for business–across from Sandia Prep High School. The pizzeria will occupy a 2,000 square foot space at 585 Osuna Rd NE. “Michael Murphy and Mike Ahlers are…

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Posted 17 Aug 11 By: No comments yet

Great Investment: Albuquerque Multifamily Real Estate

Looking for a great investment? Looking for a great investment in real estate? Well, according to Erik Olson, senior advisor and multifamily specialist, market indicators are showing that the multifamily sector is leading the recovery in commercial real estate. In addition to working with a couple of investors who are seeking properties with 75+ units,…

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Posted 12 Aug 11 By: No comments yet

Sushi King Opens 1st Rio Rancho Restaurant

ALBUQUERQUE, NM, August 12, 2011–A successful Albuquerque restaurant, Sushi King, has opened its first Rio Rancho location at 1121 Unser Blvd. SE. Sushi King’s owner, Cathy Punya, has three restaurants in the Albuquerque metro area and is now leasing space at Southern and Unser for her Rio Rancho expansion. “This is a great location for…

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MCT Waste Management Buys A Former Schwan’s Dairy

MCT Waste Management recently completed the purchase of property to open a new location in Santa Fe. The transaction was handled by Keith Meyer, CCIM, SIOR at NAI Maestas & Ward. “This property is the site of the former Schwan’s Dairy at 5 Erica Road just south of NM 599 and I-25 in Santa Fe….

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Square Root Salon Opens With Help from NAI Maestas & Ward Advisor

On August 18, downtown Albuquerque will become home to the Square Root Salon, a new trendy full-service salon owned by David Gatt and Jason Smith. The salon, located at 800 3rd Street NW, will offer the services of six diverse stylists who were hand-picked by David and Jason based on their skills and passion for…

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Posted 08 Aug 11 By: No comments yet

Albuquerque Realtor Sees Multifamily Real Estate Market Heating Up

As summer heats up, so does the small multifamily market in Albuquerque according to Erik Olson, an advisor at NAI Maestas & Ward. Erik was one of the brokers in a recent 4-plex transaction that closed in just 60 days. It took only two weeks for a local real estate investor to put the property…

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Posted 03 Aug 11 By: No comments yet

Small Business Leasing Indicates Market Coming Back

With nearly 30 years of experience in commercial real estate, Debbie Harms knows market trends and what they often indicate. She is not surprised by the fact that small, grass-roots companies are beginning to lease commercial space again. “I have seen this cycle a number of times before. When we go through a recession, leasing…

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Posted 01 Aug 11 By: No comments yet

National Sandwich Franchise Comes to Albuquerque

NAI Maestas & Ward Advisors Brett Hills and David Fite announced that a Jimmy John’s sandwich store is being opened by Doug Adams in Holly Plaza on Paseo del Norte. The store is expected to open on August 9th and will be the first location in New Mexico. David said “It was a real pleasure…

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NAI Maestas & Ward Property Management Delivers Quality Customer Service

Debbie Harms, Qualifying Broker at NAI Maestas & Ward, reported that the Property Management division of the company recently received the following letter from a very satisfied customer: “On behalf of our company, Oasis Capital Management, I am very pleased to commend you for providing a high level of professional management services and going above…

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New Optometry Business Leases Real Estate in NE Albuquerque

Debbie Harms, Qualifying Broker at NAI Maestas & Ward, announced that a new business, Hands & Martinez Optometry, LLC, has leased space in the Cherry Hills Office Complex located at 7007 Wyoming Blvd. NE. “This 3,303 square foot space in the northeast heights is a great and convenient location for an optometry practice given the…

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Twin Suns Comics and Games, LLC Opens New Store

NAI Maestas & Ward Advisor Michael Reneau leased space to an exciting and fun new business in Riverside Plaza on Albuquerque’s west side. The store is located at 6301 Riverside Plaza Lane NW, Ste. L-1. “Twin Suns Comics and Games is a brand new venture for Josh and Drew Allred, who happen to be twins,”…

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Posted 28 Jul 11 By: No comments yet

Albuquerque Real Estate Advisors at NAI Maestas & Ward Finalize Chipotle’s First Location in New Mexico

NAI Maestas & Ward advisor brokers Brett Hills and David Fite have been selected by Chipotle Mexican Grill to serve as the company’s exclusive tenant representatives to assist the company with their move into the New Mexico market. The enormously successful Chipotle which started in Denver, Colorado, has rapidly grown to 1100 stores throughout the…

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Posted 27 Jul 11 By: No comments yet

Exceptional Investment Sells in 60 Days at Great Price

Albuquerque Real Estate Advisors Erik Olson, Rich Diller and Rose Cabezut at NAI Maestas & Ward completed the sale of a 4-plex in a great northeast heights area just 60 days after listing the property located at 12201 Haines Ave. NE. Erik Olson represented the sellers, The Lucia Charitable Trust, and Rich Diller and Rose…

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New Optometry Business Leases Real Estate in NE Albuquerque

Debbie Harms, Qualifying Broker at NAI Maestas & Ward, announced that a new business, Hands & Martinez Optometry, LLC, has leased space in the Cherry Hills Office Complex located at 7007 Wyoming Blvd. NE. “This 3,303 square foot space in the northeast heights is a great and convenient location for an optometry practice given the…

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Posted 15 Jul 11 By: No comments yet

Quarterly Economic Briefing Webcast with Dr. Peter Linneman

Where are we in the recovery and what’s taking so long? Can real estate hedge against looming inflation? Is raising the debt ceiling a political theater or a real issue? Join NAI Chief Economist Dr. Peter Linneman for an insightful discussion on these topics and more. Dr. Linneman, widely recognized as one of the leading…

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Posted 14 Jul 11 By: No comments yet

Exciting Opportunity for Albuquerque Real Estate Development

The City of Albuquerque, Peak Hospitality, LLC and NAI Maestas & Ward Commercial Real Estate have joined forces to tear down the Silver Moon Lodge and create new opportunities for the 1.3 acre site located at 918 Central Avenue on the corner of 10th Street and Central Avenue.  “Downtown lacks prime land to develop anything…

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Posted 07 Jul 11 By: No comments yet

New Advisor Joins NAI Maestas & Ward

Managing Partner of NAI Maestas & Ward Commercial Real Estate Steve Maestas announced that Jim Wible has joined the company as an advisor.  “Jim brings a broad range of experience to our company and we are pleased to have someone with his unique capabilities on the NAI Maestas & Ward team,” said Maestas. Wible specializes…

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Posted 06 Jul 11 By: No comments yet

Brett Hills Promoted To Senior Advisor

Steve Maestas, Managing Partner of NAI Maestas & Ward, announced that Brett Hills has been promoted to senior advisor.  “Brett brings enormous talent and marketing expertise to every commercial transaction to assist local, regional and national customers with their real estate needs,” said Maestas. Hills, who earned an MBA from the Robert O. Anderson Schools…

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Posted 05 Jul 11 By: No comments yet

Rent-A-Wheel Leases Albuquerque Real Estate

NAI Maestas & Ward Managing Partner Steve Maestas announced that the national chain “Rent-A-Wheel” has leased space at The Shops on Menual to open a new retail establishment.  “The Albuquerque retail real estate market continues to attract national companies to serve the needs of local customers.  Rent-A-Wheel has been looking for a retail space here…

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Rose Cabezut Earns CCIM Designation

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that Rose Cabezut, Advisor, is the company’s newest Certified Commercial Investment Member (CCIM).  A CCIM is a recognized expert in the disciplines of commercial and investment real estate.  This designation is achieved by less than 6% of all commercial real estate…

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Posted 24 Jun 11 By: No comments yet

Martha Carpenter and Shelly Branscom Lease Space to New Crafting Business

NAI Maestas & Ward Advisors Shelly Branscom and Martha Carpenter recently completed a lease transaction for an exciting new establishment.  The Hen House Paperie, a specialty retail business catering to the needs of the crafting community in the Albuquerque metro area is opening at 6301 Riverside Plaza Dr. NW, Suite L3 in July.  “The Hen…

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NAI Maestas & Ward Clients to Benefit From NAI Global Merger

Steve Maestas, Managing partner of NAI Maestas & Ward announced today that C-III Capital Partners LLC (C-III) will acquire NAI Global, the largest premier network of independent commercial real estate firms worldwide comprised of 5,000 professionals and 350 offices in the U.S. and 55 countries around the world.  “We are very excited about this strategic…

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Posted 14 Jun 11 By: No comments yet

Senior Advisor Helps Local Foundation

Erik Olson, Senior Advisor with NAI Maestas & Ward, announced that JCPenney recently donated furniture, filing cabinets, and office equipment valued at thousands of dollars to New Mexico’s Prizm Foundation,  a non-profit organization dedicated to assisting with disaster relief, job training, housing and economic development, www.Prizm.org. Erik represents JCPenney in the sale of their Rio…

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Posted 07 Jun 11 By: No comments yet

The Outlook For Restaurants Looks Bright

National restaurant concepts are expanding again and Albuquerque is on their radar screen. The overall theme at an international real estate convention I attended in May was one of renewed optimism. Five Positive Signs For Restaurants Tuesday, June 7, 2011 NAI Maestas & Ward | Phn 505-878-0001

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Posted 25 May 11 By: No comments yet

Alegre Dental Purchases Office

Alegre Dental, owned by Dr.Pako Major, DDS, has purchased a 2,885 square foot office at 2116 Ladera Del Oeste NW.  Dr. Major is a recent graduate of Marquette University School of Dentistry specializing in comprehensive care, and a recent addition to the Albuquerque medical community.  In announcing the purchase, Dr. Major stated he is excited…

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Posted 16 May 11 By: No comments yet

HME Specialists LLC Leases Car Crafters Property

HME Specialists LLC has moved into 19,500 square feet of office/warehouse space in the former CarCrafters property at 5101 McLeod NE.  HME Specialists is an independent, regional, homecare provider with its company headquarters at 611 Osuna Rd. NE.  The company provides durable medical equipment, respiratory services, complex mobility products, wound-care products and other medical supplies…

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Posted 13 May 11 By: No comments yet

Fidelity Title Insurance Co. Opens New Albuquerque Office

Fidelity National Title Insurance Company has leased 3,532 square feet of space in the Paseo Nuevo office building at 8220 San Pedro NE.  Fidelity will be consolidating its Academy and Carmel offices in the new location. Paseo Nuevo is owned by Paseo Nuevo LTD Co., Skip and Josh Skarsgard landlords. With the addition of Fidelity…

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Posted 12 May 11 By: No comments yet

Exhibit Solutions of NM Moves to Journal Center

Exhibit Solutions of New Mexico, Inc., a native American, woman-owned, 8(a) SDB business, is moving into larger quarters at 4301 Masthead NE in the Journal Center. The new 9,400 square foot facility nearly doubles the company’s current space. Exhibit Solutions creates high-impact, portable trade show displays, modular exhibits and visual marketing products. Company founder, Gina M. Euell, started…

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Posted 09 May 11 By: No comments yet

Todd Strickland Joins NAI Maestas & Ward Business Services

Steve Maestas, Managing Partner of NAI Maestas & Ward, announced today that Todd Strickland has joined NAI Maestas & Ward Business Services LLC as an advisor. Strickland will be partnering with long-established business broker, Wayne Unze, in helping New Mexico entrepreneurs value and market their businesses in a confidential and professional manner. Strickland recently moved…

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New Mexico Economic Development get praise, candid assessment from National Site Selection Consultant

Thursday. May 5th, Keith Meyer, CCIM, SIOR was privileged to be included among leading business and governmental economic development decision makers in the state of New Mexico who were given a candid assessment of the state’s status by Mark M. Sweeney of McCallum Sweeney, Greenville, SC. Mr. Sweeney’s company consults with large corporations on site…

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Posted 06 May 11 By: No comments yet

Corless & Associates

Corless & Associates, a full service investment advisory company, will be opening a new office in the Academy Office Park in May 2011. They currently have an office in Corrales and this new office will be a second location for them. Sandra Corless, Partner, indicated the need for a more centrally located site for some…

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New Stores Opening in Montano Plaza

Montano Plaza, 6200 Coors Boulevard NW, will see the addition of four new retail stores:  Lovelight Boutique; Purses for Women; ABQ Bridal, Formals and More; and Scrubs Direct.  Montano Plaza is anchored by Albertson’s and currently has only one vacant space remaining. Michael Reneau, NAI Maestas & Ward Retail Advisor, handled all negotiations for the…

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Barking Dog Communication Opening Albuquerque Office

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, would like to announce that on June 1, 2011 Barking Dog Communication, an internet data & voice management provider, is opening an office at 6739 Academy Rd. NE in the Academy Office Park.  Barking Dog Communication is based in Albuquerque.  In announcing the…

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Posted 03 May 11 By: No comments yet

J. Lee Gruger Joins NAI Maestas & Ward

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that J. Lee Gruger has joined the company as an advisor and brokerage specialist working with Multi-housing Investment Services.  Lee brings twenty-plus years of experience in the real estate construction/development industry, having previously worked with Bradbury Stamm Construction, Reid & Associates…

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Alfredo Barrenechea Joins NAI Maestas & Ward

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that Alfredo Barrenechea has joined the company as a retail leasing and brokerage specialist. Alfredo has six years of experience in the commercial real estate industry with an emphasis on urban development and revitalization.  He has been both the principal and…

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Posted 27 Apr 11 By: No comments yet

Martha Carpenter Named “Top Office Leasing Broker by CoStar”

Steve Maestas, Managing Partner of NAI Maestas & Ward, announced today that Martha Carpenter, a NAI Maestas & Ward advisor, has earned the CoStar Group Power Broker award as one of the top leasing brokers in Albuquerque during 2010.  CoStar Group is the largest national research organization serving commercial real estate.  Ms. Carpenter specializes in…

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Posted 13 Apr 11 By: No comments yet

Brett Hills Discusses Skills for Success

Brett Hills, founder of the successful website, 999dine.com, and a commercial real estate adviser, addressed skills for success to the UNM School of Law on April 6, 2011. The event was sponsored by the Business Law Society. The title of Hills’ talk was, “Success Skills: Things They Never Taught in School (But Should Have)”. Topics…

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Rizzi Paints Positive Picture For Small Business Success; Unze Gets Busy

Rizzi’s acquisition was brokered by Wayne Unze, the veteran small business broker at NAI Maestas & Ward. Unze describes Rizzi’s aggressive approach as very different from the laid-back entrepreneurs he normally encounters. Rizzi’s aggressive approach is what is needed in a difficult environment, observes Unze, who sees a change on the horizon for small business…

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Posted 12 Apr 11 By: No comments yet

Chipotle Mexican Grill

Denver’s popular Chipotle Mexican Grill reportedly has been looking around the greater Albuquerque area for spots to land. Multiple sites around the city are rumored to be on its radar screen. NAI Maestas & Ward’s Brett Hills and David Fite confirmed they represent Chipotle, a national restaurant chain whose menu features salads, gourmet tacos and…

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Enchantment Land Certified Development Company

NAI Maestas & Ward hosted Enchantment Land Certified Development Company  at our monthly advisor meeting.  Enchantment provides capital to small business in New Mexico and more importantly helps with the SBA 504 Loan program. SBA 504 program is a great vehicle for small businesses,  up to $12.5 Million (not so small) to purchase real estate. …

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IHOP Joins Dion’s in Cabezon Commons

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that IHOP recently purchased a parcel of real estate, directly north of Dion’s Pizza, in the Cabezon Commons development at the intersection of Cabezon and Unser boulevards, just south of Southern Blvd. in Rio Rancho.  Both restaurants feature family dining in…

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Posted 08 Apr 11 By: No comments yet

Customer Service Is More Important Than Ever

Customer Service Is More Important Than Ever In today’s new economy customer service MUST exceed expectations. People are dining out less making each experience that much more valuable. A restaurant can serve the best food in a hip environment and poor service can overshadow the entire experience. More than ever, servers are where the rubber…

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Posted 18 Feb 11 By: No comments yet

NAI Maestas & Ward announces the sale of vacant land, Northeast Heights, to Twisters

Steve Maestas, Managing Partner of Maestas & Ward Commercial Real Estate, announces the sale of the 25,000 square foot vacant land parcel in the retail center near the Northwest corner of Paseo del Norte and Wyoming, to Twisters Restaurant. According to Ray Ubieta and Gary Hines, owners of Twisters, this wil be the 15th location…

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Posted 17 Feb 11 By: No comments yet

NAI Maestas & Ward Announces 2010 Top Advisors Awards

CONGRATULATIONS to the 2010 Top Advisors @ NAI Maestas & Ward Commercial Real Estate Keith Meyer, CCIM, SIOR  – Top Producer Jim Hakeem, — Outstanding Performance David Fite – Outstanding Performance Wayne Unze – Largest Single  Transaction Martha Carpenter – Top Dealmaker Brett Hills – Outstanding Team Player

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Posted 16 Feb 11 By: No comments yet

Sale of Assisted Living/Church/Retreat Facility

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real estate, announces the sale of the former Spiritual Renewal Center at 6400 Coors Blvd, NW to the Episcopal Diocese of the Rio Grande. The 2-building complex is situated on 4.5 acres in the scenic Rio Grande Bosque.  It offers fully landscaped grounds with a water…

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Posted 31 Dec 10 By: No comments yet

After Hours Pediatrics Begins Construction on Third Location

After hours Pediatrics has begun construction on its third location in the Albuquerque area, at Paseo Place (Northwest corner of Paseo del Norte and San Pedro).  After Hours Pediatrics is a unique practice specializing in traditional child care and acute care services available in the evenings, on weekends and during holidays (by appointment).  This new…

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Posted 23 Dec 10 By: No comments yet

Kevin Bobb Joins NAI Maestas & Ward as Senior Advisor, Medical and Dental Specialist

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that Kevin Bobb, a commercial real estate broker with 27 years of property management and brokerage experience, has joined NAI Maestas & Ward’s office division.  For the past 10 years, Bobb has created a recognized niche in the Albuquerque and New Mexico…

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Posted 08 Dec 10 By: No comments yet

Venada Plaza Shopping Center Adds New Tenants

Venada Plaza Shopping Center Adds New Tenants. NAI Maestas & Ward announces an exciting line up of new business at its Venada Plaza Shopping Center, located on NM 528 south of US 550, north Rio Rancho. New business include Game Stop, The Chill Zone, Dion’s Pizza, Firestone Complete Auto Repair and Murphy Express.  Rio Rancho…

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Posted 02 Dec 10 By: No comments yet

Keith Meyer, CCIM, receives prestigious Society of Investment and Office Realtors® (SIOR) designation

Keith Meyer, CCIM, is the newest member to achieve the prestigious Society of Investment and Office Realtors® (SIOR) designation. Keith is a Director at NAI Maestas & Ward specializing in Industrial, Land and Investment sales, and has been involved in commercial Real Estate since 1992. Keith has completed 157 sales and leasing transactions in the…

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Posted 30 Nov 10 By: No comments yet

Sale of University Towers Successful

NAI Maestas & Ward Announces Sale of University Towers, 1650 University Blvd, NE. John M. Henderson III, CCIM, Director at NAI Maestas & Ward, has negotiated the sale of University Towers at 1650 University NE for The Regents of the University of New Mexico which closed on November 19, 2010. “After 18 months of work…

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Posted 29 Nov 10 By: No comments yet

CARNM 2010 Marketing Deal of the Year presented to John M Henderson III, CCIM & Martha Carpenter

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, proudly announces that John M Henderson III, CCIM Director and Martha Carpenter, Director were recently awarded the “Marketing Deal of the Year, over $500,000.00” at the Commercial Association’s (CARNM) annual awards meeting. John and Martha specialize in Office Leasing and Sales at NAI…

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NAI Maestas & Ward announces the grand opening of Romero Family Medicine

  FOR IMMEDIATE RELEASE:  November 29, 2010 RE:  NAI Maestas & Ward announces the grand opening of Romero Family Medicine  CONTACT INFO:  Steve Maestas (505) 878-0004  Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that the grand opening of Romero Family Medicine, at 4600 Jefferson NE, Suite A, will…

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Multi Family Division gains new member

Erik Olson, CCIM, has joined the newly-formed, Multifamily Division of NAI Maestas & Ward Commercial Real Estate. Prior to joining NAI M&W Erik co-founded and functioned as Qualifying Broker for SB Vegas Realty (Albuquerque, NM), where he managed over $30 million in commercial and residential real estate transactions. He is an investor/partner in 12 real…

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Posted 18 Nov 10 By: No comments yet

Dave Hill, CCIM, of NAI Maestas & Ward, to be new CARNM President

Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today that NAI M&W Director, Dave Hill, will become next president of CARNM. The Commercial Association of REALTORS® New Mexico (CARNM) is an association of REALTORS® and real estate affiliates specializing in commercial real estate throughout the state of New Mexico. CARNM’s…

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Posted 22 Oct 10 By: No comments yet

New Albuquerque Forklift Location in Albuquerque

NAI Maestas & Ward Commercial Real Estate, announced today the lease of 5501 Midway Park Place, NE to Albuquerque Forklift and Equipment. Albuquerque Forklift was founded in 1995, covering the entire state of New Mexico in the sales, service and parts for all makes and models of forklifts, golf cars and industrial cars. Being the…

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Posted 06 Oct 10 By: No comments yet

Rio Rancho City Center Seeing Growth

UNSER AND MAIN: With the opening of Presbyterian Hospital scheduled for November, 2011, and the UNMH Hospital in Rio Rancho City Center breaking ground soon, read more,  the entire Unser corridor is seeing a dramatic increase in interest and activity. Premier Theaters recently closed on the property at Southern and Unser to build a 12…

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Posted 14 Sep 10 By: No comments yet

NAI Maestas & Ward forms Multi-Housing Division

NAI Maestas & Ward forms Multi-Housing Division and Hires Bobby Bull Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate, announced today the formation of a Multi-housing Division.  The new division will complete the company’s goal of becoming a full-service commercial real estate company. The Multi-housing Division will be headed by Bobby…

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Posted 24 Aug 10 By: No comments yet

Chipotle Leads The Way

Chipotle Mexican Grill experienced a 14% sales increase in 2009 making them the leader in the fast casual category. The Denver based restaurant chain has recently surpassed 1000 locations and are poised for continued growth including national expansion. To read more go to: http://www.chicagotribune.com/business/ct-biz-0819-fast-casual-pei-wei-20100818,0,950793.story

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Posted 09 Aug 10 By: No comments yet

Selling A Business Benefits From Proactive Owner

Monday, August 09, 2010 Selling A Business Benefits From Proactive Owner This is no ordinary recession. It is trudging into its third year with no end in sight despite the government’s futile attempts at “stimulation.” As a result, many New Mexico business owners have exhausted their “rainy day” funds and are now surviving on credit…

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Posted 05 Aug 10 By: No comments yet

New Ross Dress For Less Opens In NE ABQ

NAI Maestas & Ward is excited to announce the grand opening of Albuquerque’s newest Ross Dress for Less at the SE corner of Juan Tabo and Menaul. Ross opened July 17th, 2010 after completely renovating the former Albertson’s/Raley’s grocery store in this shopping center.  For more information call Steve at 505-878-0001.

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Posted 04 Aug 10 By: No comments yet

The Sun Continues to Shine in New Mexico

Albuquerque’s Market Ranks 7th out of top 56 metros in US. In a recent report by Moody’s Albuquerque ranks as one of the top commercial markets in the country. In fact, the retail market scored a 75 out of 100 compared to the national composite in the same sector which scored a 60 out of…

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Posted 13 Jul 10 By: No comments yet

Multiplex Theater Planned for Rio Rancho

Tuesday, July 13, 2010  Multiplex Theater Planned for Rio Rancho  By Rosalie Rayburn Journal Staff Writer           RIO RANCHO – For more than 10 years, Rio Rancho movie theater buffs have had to trek out of town to get their flick fix. That could change if city councilors approve a Texas-based plan to build a 14-screen,…

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Posted 01 Jul 10 By: No comments yet

Albuquerque Ratings – AED Report

Albuquerque Economic Development released the latest rating and new company announcements. Ratings Albuquerque Ranked Among Forbes’ Best Places – Forbes, 2004 – 2010 Albuquerque Named Among  “Best Bang for the Buck Cities” – Forbes, December 2010 Albuquerque Ranked 2nd Best City in the US 2009 – Kiplinger’s, July 2009 Albuquerque Named 6th Best City in…

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Posted 10 Mar 10 By: No comments yet

Cash Flow is Decisive When Pricing a Small Business

Pricing a business for sale requires evaluating its cash flow–another name for a business’s earnings before interest, taxes, depreciation, amortization and owner’s compensation are subtracted. Cash flow is then multiplied by a number that falls within a range appropriate for the industry and market–a number that takes into account other variables that affect the business….

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Posted 25 Feb 10 By: No comments yet

Five Guys Burgers prepares to munch into New Mexico

For hamburger aficionados hungering for gourmet beef chains to arrive in New Mexico, the wait is over. Five Guys Burgers and Fries, a fixture on the East Coast, is invading the Land of Enchantment with 15 restaurants over the next five years. Virginia-based Five Guys has sold New Mexico franchise rights to David and Alan…

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Posted 31 Dec 09 By: No comments yet

NAI Maestas & Ward Welcomes Wayne Unze

Albuquerque, N.M. — Steve Maestas, Managing Partner of NAI Maestas & Ward Commercial Real Estate,announced today that Wayne Unze, formerly executive vice president of Vaughan Company Business Opportunities, will be joining his firm. Unze has managed the Vaughan Company business brokerage division for twenty-three years. In making the joint announcement, Unze stated that he was…

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Posted 30 Nov 09 By: No comments yet

Keith Meyer, CCIM wins CCIM Marketing Deal of the Year over $1,000,000

Property: 5801 Jefferson NE Square Footage: 46,000 on 3.75 acres Property Information: The 46,000/SF food processing facility on 3.75 acres in the desirable I-25 Corridor sub-market was the former Windsor Foods food processing facility. The Seller was a corporation based in Texas that had determined that they could not cost effectively expand this facility to…

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Posted 02 Nov 09 By: No comments yet

Stanford Clinic heading to new home

By Commercial Real Estate RICHARD METCALF Of the Journal Publication: Albuquerque Journal (New Mexico) Originally part of the commercial real estate portfolio of Boise, Idaho based DBSI Inc., which filed Chapter 11 a year ago, the property cleared bankruptcy court before the purchase was finalized, said listing agent Karen Hudson ofNAI Maestas & Ward Commercial…

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Posted 07 Sep 09 By: No comments yet

Heritage health care to purchase new HQ

By Commercial Real Estate RICHARD METCALF Of the Journal Publication: Albuquerque Journal (New Mexico) Albuquerque-based Heritage Home Healthcare, with more than 1,200 employees, is lined up to purchase about three-quarters of a 48,400-square-foot “flex” office building at the Journal Center that’s been empty and available for more than a year. Founded in 1993 by Len…

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Posted 01 Jul 09 By: No comments yet

Albuquerque #2 Best City to Work

Albuquerque #2 Best City to Work – Kiplinger’s Personal Finance Renewable-energy and film industries fuel growth in our number-two pick. Population: 819,576 Income Growth: 7.8% Cost of Living Index: 98 Median Household Income: $45,634 Percentage of Workforce in Creative Class: 30% What Albuquerque wants, Albuquerque gets — and the city and state crave high-tech jobs,…

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Posted 30 Apr 09 By: No comments yet

Maestas & Ward, Sun Vista Enterprises Create Partnership

Albuquerque, N.M. — April 30, 2009 In a deliberate move to create a dynamic commercial real estate team that excels in providing superior customer service, NAI Maestas & Ward Commercial Real Estate announces the company will create a standalone property management firm with local leader Sun Vista Enterprises. “This venture is a win-win,” said Mr….

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Posted 05 Mar 09 By: No comments yet

Hospital Services Corporation Inceases Space by 40 Percent with Move to Journal Center

ALBUQUERQUE — Rapidly growing Hospital Services Corp., which provides a wide variety of management and administrative services to the healthcare industry and general business community, is moving to Journal Center. HSC has purchased the two-story, 24,388-square-foot building at 7471 Pan American Freeway NE in the heart of the North I-25 Corridor. The building previously housed…

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Paseo Nuevo Office Complex is One of Albuquerque’s Many Success Stories

ALBUQUERQUE — The best office space in town is being snatched up, and fast. Case in point: Paseo Nuevo Office Complex in the North I-25 Corridor. Since opening to tenants last June, the five-story, 106,000-square-foot Class A office building near the intersection of San Pedro Drive and Paseo del Norte, Paseo Nuevo has surged to…

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Posted 20 Feb 09 By: No comments yet

Dining options slip on icy economy

Major changes are taking place on Albuquerque’s restaurant menu. The weak economy has devoured a dozen restaurants just since January, providing an oversupply of space left vacant by troubled national chains. Successful local operators are possible candidates to fill it. While all retailers are feeling the recession’s squeeze, restaurants are particularly vulnerable as consumers dine…

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Posted 11 Feb 09 By: No comments yet

Local Retail Center Purchased by Local Investor

ALBUQUERQUE — The purchase of a local retail center by a local investor that was financed by a local bank is a model for how New Mexicans are working together to further grow and energize its already strong economy. The Shops at Montaño, a neighborhood retail center located at the intersection of two of the…

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Posted 09 Feb 09 By: No comments yet

Melrose Fashions Opens Its First Albuquerque Store

ALBUQUERQUE — Taking advantage of Albuquerque’s favorable economic climate and its large and vibrant Hispanic population, San Antonio, Texas-based discount fashion retailer Melrose has opened its 87 th store at Pro’s Ranch Atrisco Plaza, located at the intersection of Central Avenue and Atrisco Drive N.W. The 8,000-square-foot Melrose store features a wide array of affordable,…

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Posted 01 Jan 09 By: No comments yet

Albuquerque Property Values on the Rise (on the top 25 list)

Kiplinger’s, January 2009 Metro area population: 832,774 Median home price: $275,000 12-month change in home value: -0.5% Affordability index: 3/10 Homes sold this year: 8,144 Home value vs. national average: +37.5% Top employer: Intel While other midsize cities have fallen prey to rampant speculation, Albuquerque has hovered below the national real estate radar and largely…

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