Posts by Erik Olson
Hanover Business Park Approaches 100% Occupancy
02 May 12
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 first …
NAI Maestas & Ward’s Erik Olson Featured In CCIM Institute Magazine
21 Mar 12NAI 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 ten …
Commercial Real Estate Advisor Discusses Multifamily Housing Sector
16 Nov 11NAI 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 …
Read Full ArticleSenior Advisor Broker Erik Olson Assists Planet Fitness With Rio Rancho Expansion
21 Sep 11Planet 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 …
Read Full ArticleGreat Investment: Albuquerque Multifamily Real Estate
17 Aug 11Looking 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, …
Read Full ArticleAlbuquerque Realtor Sees Multifamily Real Estate Market Heating Up
08 Aug 11As 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 …
Read Full ArticleExciting Opportunity for Albuquerque Real Estate Development
14 Jul 11The 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 …
Read Full ArticleSenior Advisor Helps Local Foundation
14 Jun 11Erik 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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