Archive for the ‘News By Neighborhood’ Category
Water Authority Claims Top Prize from National Water Group – “Platinum Award” from Association of Metropolitan Water Agencies

ALBUQUERQUE, Oct. 16 – The Association of Metropolitan Water Agencies has bestowed upon the Water Authority its highest honor, the 2018 Platinum Award for Utility Excellence. The AMWA announced the prize at a ceremony in San Francisco on October 15. “This award is for the entire utility,” said Water Authority Board Chair Trudy E. Jones…
Read Full ArticleCommercial lending trends that will affect your business

By Chris Clepper, Nusenda Credit Union | Dec. 7, 2018 What are some commercial real estate trends that you’ve seen recently and how are they impacting lending? Like all other industries today, commercial real estate is experiencing disruption and faced with uncertainty. There are too many trends to cover here, but a great example is retail….
Read Full ArticleDevelopers unveil major mixed-use project near Kirtland Air Force Base

ALBUQUERQUE, N.M., Dec. 4, 2018 – By Ron Davis, Albuquerque Business First In front of a near-capacity crowd of real estate brokers at the Dekker/Perich/Sabatini office, developers unveiled a master plan that would create over 900,000 square feet of mixed-use business space near Kirtland Air Force Base. Thunderbird Kirtland Development LLC announced Wednesday that Max Q at…
Read Full ArticleHere’s a status update for Facebook’s data center in Los Lunas

ALBUQUERQUE, N.M., Nov. 14, 2018 – By Collin Krabbe, Albuquerque Business First Two years have passed since Facebook broke ground for its Los Lunas data center, a project many are hoping will bring prosperity to the area. Though some have criticized the ability of data centers to sustain a large amount of high-paying jobs, the California-based social media giant is adamant…
Read Full ArticleNetflix’s ABQ deal could mean a boom for local commercial real estate

ALBUQUERQUE, N.M., Nov. 1, 2018 – By Ron Davis, Albuquerque Business First Both commercial real estate experts and local leaders believe Netflix’s $1 billion investment over the next 10 years will go beyond the money invested in New Mexico While the ink is still drying, some Albuquerque developers are smitten by the possibilities Netflix could bring to…
Read Full ArticleNAI Maestas & Ward’s Industrial Team wins award for expertly-facilitated complicated transaction

ALBUQUERQUE, N.M., Nov. 1, 2018 – At the “Intersections” commercial real estate event held on October 25, at Sandia Golf Club in Albuquerque, the NAI Maestas & Ward Industrial Team (Keith Meyer, Jim Wible & Riley McKee) were presented with an award for “The Deal of the Year” (under $1M). Following is the story of the transaction…
Read Full ArticleGreen Jeans developer launching new project

ALBUQUERQUE, N.M. — The guy behind the Green Jeans Farmery, the innovative shipping-container development near Carlisle NE and Interstate 40, is on to his next commercial project, which he describes as a future destination spot featuring noteworthy players from the town’s restaurant and brewing community. Citing nearby businesses and residential communities as the potential customer…
Read Full ArticleGyms, fitness centers backfilling empty retail space

Landlords who once leased space to Big Box mainstays like Toys “R” Us or now-defunct stores such as Hastings Entertainment are turning to tenants like gyms and fitness centers to fill retail vacancies. They’re opening at an impressive clip in both large-format and small-format retail spaces across the Albuquerque area. And, market observers say, it’s…
Read Full ArticleABQ engineering firm relocates and expands

An Albuquerque engineering firm is on the move. QA Engineering is set to relocate to a new space at 1409 Ortiz Dr. SE and add to its team of 21 by mid-August. The firm’s new space consists of 6,800 square square feet with 4,750 square feet of office space and 2,230 for QA Engineering’s warehouse….
Read Full ArticlePeterson Properties snaps up another piece of real estate

Peterson Properties has acquired its fourth commercial property this year. The Albuquerque-based landlord acquired Autry Plaza, located at 1330 San Pedro Drive NE, for $1.1 million, said President Doug Peterson. “It’s nearby our office so it should be easy for us to manage,” he said. The 16,540-square-foot Class B office building was half occupied when purchased….
Read Full ArticleWest Side Family Business

The Albuquerque area has landed two new business owners who have a unique name for their future retail enterprise, interesting back stories and a commitment to giving back to a favorite charity. The Pink Ribbon, scheduled to open this fall at 10301 Cottonwood Park NW, will be a high-end nail salon and spa operated by…
Read Full ArticlePresbyterian breaks ground on new South Valley clinic

Presbyterian has broken ground on its new South Valley clinic. Presbyterian is building a 35,000-square-foot clinic on a five-acre site that it owns in the Las Estancias mixed-use commercial development in the South Valley. Albuquerque-based Platinum Builders Corp. is the general contractor and Dekker/Perich/Sabatini is the architecture firm on the project. Presbyterian anticipates a spring/summer 2019 opening….
Read Full ArticleMeet this NM top private company that’s been involved in more than $190 million in real estate deals

In May, Albuquerque Business First revealed the companies that made our new Top 100 New Mexico Private Companies Awards. Business First is highlighting a handful of companies that are new to the list this year. First up is NAI Maestas & Ward Commercial Real Estate. The commercial real estate firm was involved in $193.70 million in…
Read Full ArticleTwo New Mexico women selected to national list of CRE executives

Debbie Harms and Cynthia Schultz, the CEOs of NAI Maestas & Ward Commercial Real Estate and Bradbury Stamm Construction, respectively, have been selected to a national list of notable commercial real estate executives. The Business Journals’ Influencers: Commercial Real Estate spotlights 100 executives having an influence on real estate and development in their respective communities. These 100 executives…
Read Full ArticleNew-to-market taco chain heads to Uptown

Uptown will soon have a new taco joint. R Tacos has picked Uptown for the chain’s first Albuquerque location. The Buffalo Wild Wings-owned chain is headed to Coronado Center, where it will take up about 2,000 square feet, says Thalia Toha, an adviser for NAI Maestas & Ward, who represents the tenant. Dallas-based R Tacos is expected to…
Read Full ArticleNAI Maestas & Ward’s Debbie Harms on women in commercial real estate and innovation in technology

Debbie Harms is the CEO of NAI Maestas & Ward Commercial Real Estate. How long have you been working in the industry? I have worked in commercial real estate since 1991. Before that, I worked in commercial construction. When did you know you wanted to work in contracting/real estate? Since I was a kid. I have always been…
Read Full ArticleGymnastics academy lands 32,700-square-foot building

A 32,700-square-foot building has a new owner and will soon be home to tumbling tots and gymnasts. Sandia Acrobatic Gymnastics Academy has bought a building at 3400 Candelaria Road Northeast, according to NAI Maestas and Ward Director Shelly Branscom. The sales price was listed at $2.1 million – about $64.22 per square foot. Branscom, along…
Read Full ArticleTaos hotel on market for $4.9 million

A historic Taos property on the market saw a price drop Monday. Hotel La Fonda de Taos is now listed at $4.99 million coming down over $500,000. The 25-room hotel is the “only hotel on the Taos Plaza,” according to NAI Maestas and Ward listing agent Jim Hakeem. And the property has a long history…
Read Full Article5 questions with CARNM’s REALTOR of the Year

Jim Wible, 57, was named Commercial Association of REALTORS New Mexico’s “REALTOR of the Year” for 2017 – an award he said emphasizes more than just real estate. Wible, director at NAI Maestas and Ward, said the award recognizes real estate professionals that are active in their community and want to give back. He found out…
Read Full ArticleSandia Science & Tech Park tenant set to leave

A tenant at Sandia Science & Technology Park will be leaving next year and downsizing by about 5,000 square feet. Associate Principal Engineer Eric Austin said Moog Inc.’s Albuquerque site will be leaving the tech park – which is affiliated with Sandia National Laboratoriesand adjacent to Kirtland Air Force Base – at the end of January. Both Moog-CSA and the…
Read Full ArticleDeal of the Week: New retail takes shape near Cottonwood

The skinny Ground has broken on a new retail development at 10301 Cottonwood Park NW, which is expected to be completed in January. The numbers An 8,526-square-foot building will offer space to retailers and restaurants at that spot. NAI Maestas and Ward – No. 2 on our Commercial Real Estate Firms List – is the leasing broker…
Read Full ArticleMovers and shakers join commercial real estate org’s board of directors

CREW NM Announces 2018 Board of Directors Commercial Real Estate Women New Mexico has announced some new faces who will be taking the reins at the professional organization. Commercial real estate professionals, meet CREW’s new board of directors for 2018: President: Justine Deshayes, principal business relationship manager with Wells Fargo Bank President-Elect: Michelle Franks, CFO for Studio Southwest Architects…
Read Full ArticleNew retail development underway near Cottonwood

Cottonwood Mall is getting a new retail neighbor. NAI Maestas and Ward Advisor Thalia Toha told Albuquerque Business First ground has broken on a new development at 10301 Cottonwood Park NW. It is expected to be completed in January. On the once-vacant land, a 8,526-square-foot building designed by Jeremy Ortizwith Darren Sowell Architecture will be the new home to…
Read Full ArticleWhat Albuquerque wants in office space

Location, location, location. Americans will spend an average of 1,790 hours a year at work, according to 2014 data from the Atlantic. Based on this number, it’s reasonable that finding the right office space is akin to finding the right house. People aren’t just considering square footage, parking and desk placement anymore when hunting for…
Read Full ArticleUPDATE: Buffalo Wild Wings’ taco co. to make New Mexico debut

“R Taco’s market entry into NM validates the fact that fast-casuals remain a strong segment of the retail & restaurant market. Having worked with R Taco in identifying sites for their launch, it is evident that while many primary markets nationwide are beginning to see saturation, there is still opportunity in the NM food scene, …
Read Full ArticleOld El Vado Motel gets new Ponderosa taproom

ALBUQUERQUE, N.M. — The El Vado Motel and Casa Grande properties are trading in the chain link fence for a wall of beer taps. Construction is coming along at the site of the former El Vado Motel on Central, across from the ABQ BioPark, and the new El Vado Taproom is scheduled to open “in…
Read Full ArticleHow Amazon-Whole Foods sale could impact NM’s grocery stores

News broke Friday that Amazon (Nasdaq: AMZN) has agreed to pay $42 per share in cash for Whole Foods (Nasdaq: WFM), or about $13.7 billion. Though Albuquerque grocers said it may be too soon to tell if the move means more or less customers for Whole Foods, they said they remain optimistic that the impact won’t…
Read Full ArticlePricey condos top off Uptown mixed use project

ALBUQUERQUE, N.M. — The team behind The 24s@Uptown hope the mixed-use project, where several luxury condominiums and office spaces are for sale, will launch a wave of redevelopment in the area. The investors have updated the entire fourth floor, where six residences are selling in the $470,000 to $830,000 price range. Four have been purchased…
Read Full ArticleCity’s ABQ land sale aims to spark redevelopment

ALBUQUERQUE, N.M. — Mayor Richard J. Berry said Thursday he hopes to spark redevelopment in Southwest Albuquerque by offering 6.6 acres of city-owned land to developers, perhaps for retail uses. The city hopes to transform a swath of vacant land on the northwest corner of Unser Boulevard and Central through a sale or a long-term…
Read Full ArticleLas Estancias benefits long-underserved area

ALBUQUERQUE, N.M. — Las Estancias, the massive mixed-used commercial development in the South Valley, is expecting to welcome more newcomers this year. Once considered an underserved trade area in need of retail, medical, entertainment, banks and other business services, Las Estancias so far has generated 150,000 square feet of new construction at the site near…
Read Full ArticleLas Estancias attracts medical clinics

ALBUQUERQUE, N.M. — For many South Valley consumers, visiting the doctor’s office, knocking out grocery lists and making a Starbucks run can now be done in nearly one fell swoop. Las Estancias, the $70 million retail development near heavily trafficked Rio Bravo and Coors boulevards, includes not only a Walmart, restaurants and other retailers, but…
Read Full ArticleClayton King promoted to Senior Director

When you follow your own road and believe in yourself, you can accomplish great things. This isn’t the only path to victory; however, it is a tried and true, tested and affirmed means to success. As we stand at the door of a new year, we need to pause for a moment to congratulate one…
Read Full ArticleBlaze Pizza ready to fire up Albuquerque

Red-hot Blaze Pizza is heading our way. The country’s fastest-growing restaurant chain expects to open its first Albuquerque location next year in a new retail development near San Pedro and Paseo del Norte, according to the chain’s local franchisee, Yogesh Patel. Construction on the project is already underway on Holly Avenue, behind Chick-fil-A. One of…
Read Full ArticleNew bakery and new poke restaurant to open at Far North

ALBUQUERQUE, N.M. — The food fest continues at Far North Shopping Center. Just a month after the center at San Mateo and Academy NE welcomed Aura restaurant and its European Mediterranean menu, Ben Perich of Colliers International said there are new leases with two more eateries: Doughboy’s Bake Shoppe and Aloha Poke. Doughboy’s is a…
Read Full ArticleSouth Valley’s first Starbucks joining high-profile development

Starbucks aggressively expanded in the Albuquerque market last year, with activity on at least five new stores in several neighborhoods throughout the city. But one area the Seattle-based company hadn’t ventured yet was into the South Valley. The closest location was Downtown. Now the developers behind Las Estancias, the $70 million retail development near Rio…
Read Full ArticleWomen Breaking the Glass Ceiling

Meet the women breaking the glass ceiling at NM commercial real estate groups Next year, women will take the helm of five major commercial real estate organizations in New Mexico, proving women are making strides in what has been known as a male-dominated industry. NAIOP New Mexico, a commercial real estate organization that has become…
Read Full ArticleChipotle pushes forward with ABQ expansion

Chipotle pushes forward with ABQ expansion despite slowdown in new stores With Chipotle Mexican Grill still struggling to bounce back from its foodborne illness outbreaks last year, the company’s second quarter same-store sales didn’t recover as quickly as its execs expected. Chipotle reported average unit volume sales are down to $2 million, compared to $2.5…
Read Full ArticleWestside project to transform Coors

Westside project to transform Coors gas station into retail — including a big restaurant name Construction crews have been ripping up a former Westside Albuquerque gas station and Midas auto care location on the southeast corner of Coors Boulevard and Tucson Road. In its place will be a new 12,000-square-foot retail center. The project, to…
Read Full ArticleFood truck has plans for Nob Hill’s former Shade Tree space

Nob Hill’s forthcoming restaurant Pete’s Frites may have hamburgers on its menu, but it’s not just any old burger joint. In fact, the new restaurant, which will open mid-summer, said it wants to be known for a menu item often given second thought—the french fry. Maria and Peter Gabriele started Pete’s Frites as a food…
Read Full ArticleNob Hill gets chef Jennifer James, new retail development

ALBUQUERQUE, N.M. — The heart of Nob Hill is getting some new blood. A pair of the neighborhood’s high-profile retail storefronts are being rejuvenated, with chef Jennifer James moving her operation to the former Elsa Ross boutique and a local real estate company purchasing the old Kurt’s Camera Corral with plans for redevelopment. James and…
Read Full ArticleCalif. tile company to open showroom in ABQ

ALBUQUERQUE, N.M. — A California-based tile and stone company has purchased 4½ acres in Albuquerque’s Renaissance area for a new 50,000-square-foot development that will feature its first New Mexico showroom and space for up to three more tenants. Bedrosians, an independent porcelain and tile importer, distributor and manufacturer with more than 35 locations around the…
Read Full ArticleNM Piñon Coffee expanding into new facility

ALBUQUERQUE, N.M. — New Mexico Piñon Coffee Co. is gaining ground. On Thursday, the homegrown Albuquerque business announced that it is expanding to a new warehouse facility at 2420 Comanche Road NE this May. “This is a big expansion for us,” said Allen Bassett, president of the company, which roasted 1 million pounds of coffee…
Read Full ArticleCommercial real estate really is a viable career for all

Read what Debbie Harms, CEO of Maestas & Ward, really has to say about commercial real estate as a viable career for anyone of any age… including members of the millennial generation. Commercial Real Estate has a large barrier to entry in that it takes about two years of hard-working, 15 hour days before you…
Read Full ArticleUniversity’s support center will be downtown, at least for now

Rapid City, S.D.-based National American University, whose plan to hire hundreds at a new support center in Albuquerque, has a “handshake agreement” to lease about 4,000 square feet of temporary starter space at First Plaza Galeria in Downtown, according to Gemini Rosemont Commercial Real Estate. The university is still looking at Albuquerque’s office market for…
Read Full ArticleExclusive: Jefferson Green II could break ground next year

It’s starting to be nearly a decade since Albuquerque has seen a significant office building development rise from the ground. But the city could see at least two such projects in 2016. One is Independence Square, an office development in the North I-25 corridor, proposed by ARGUS Investment Realty president Scott Throckmorton. Throckmorton thinks the…
Read Full ArticleBusiness First relocating to Class A office tower

Albuquerque Business First will move from its Downtown offices in December to a 10-story Class A office building — Two Park Square — in the Uptown corridor. Business First signed a five-year lease for about 4,000 square feet in the complex, located at 6565 Americas Parkway NE. Candace Beeke, who joined Business First as publisher…
Read Full ArticleMaestas: It’s about jobs

Philanthropy is usually associated with things like the arts, education and the environment, but the field of charitable giving has been broadened to include economic development by the Albuquerque Community Foundation. “If we create jobs in this community, it will solve every other problem we have,” prominent local businessman and foundation trustee Steve Maestas told…
Read Full ArticleMore development on tap for Central corridor between Old Town, Downtown

A steady swell of activity is slowly changing the face of Central Avenue between Old Town and Downtown, and now another property owner is joining the wave. Owners of a vacant lot near 14th and Central NW have plans to build a new 5,000-square-foot building for future use by restaurant and retail tenants. Jim Hakeem…
Read Full ArticleEast Albuquerque has a new brewery—Quarter Celtic Brew Pub

It may be hidden from the main road and away from the typical brewery corridor, but the owners of Albuquerque’s next brewery say a trip off the beaten path to their new brew pub will be well worth it. Brothers Ror and Brady McKeown with business partners David Facey and Lee Jay Wilson will open a…
Read Full ArticleA retail desert no more

In the heat of a summer afternoon last week, heavy machinery beeped and coursed around Carmike Cinemas’ under-construction, 12-screen movie theater at Coors and Rio Bravo. Nearby, a two-man crew positioned a sign for a forthcoming Sushi King restaurant. In the meantime, gym-goers broke a sweat at the area’s new Planet Fitness, and cars queued…
Read Full ArticleReal estate buyers eye the Duke City again

Back on the radar: Real estate buyers eye the Duke City again It took one phone call for Alfredo Barrenechea of Absolute Investment Realty to sell a property on Alameda Boulevard with a Burger King on it. He also listed a property featuring a national pizza chain and got 12 quick offers. That one sold…
Read Full ArticleRad(ish) opens Downtown Albuquerque

CuppyCakes duo opens restaurant Cami Jones and Alexis Dowling are doing to breakfast and lunch what they’ve done to dessert – make it a little bit healthier. The duo behind CuppyCakes – a line of low-calorie, bite-size frosted treats – have expanded their repertoire with a new Downtown restaurant. Rad(ish) – which uses the tag…
Read Full ArticleEast Downtown MMA facility takes shape — looks for restaurant, retail operators

The Jackson/Wink MMA fighting and training facility in Albuquerque’s East Downtown is beginning to take shape. The mats are in, a second octagon is on its way and some of the facility’s living units have been rented out. Coaches Greg Jackson and Mike Winklejohn are behind the new center, located on the northeast corner of…
Read Full ArticleLas Estancias Development Update

Restaurant interest increases as construction on South Valley movie theater hits midpoint Albuquerque residents or visitors driving by the Las Estancias development in Albuquerque’s South Valley may have noticed a massive structure taking shape. It’s the new 47,000-square-foot Carmike Cinemas (Nasdaq: CKEC) movie theater — the first such amenity in the South Valley in recent…
Read Full ArticleMillennials leading the way

New Mexico….Multi-family Housing update 2015 Multi-family Housing is coming of age in New Mexico and the Millennial Generation is spurring the growth. The old adage of “location, location, location” is ever present as the placement of a property in relation to cultural, educational, entertainment and natural amenities becomes a major factor in the value of…
Read Full ArticleGandyDancer Railroad and Excavating Services New Headquarters

FOR IMMEDIATE RELEASE May 7, 2015 GandyDancer Railroad and Excavating Services New Headquarters Albuquerque, New Mexico – GandyDancer Railroad and Excavating Services has completed the purchase of a new headquarters and maintenance location at 5801 Bobby Foster Road SE. GandyDancer’s (the name is slang for railroad worker) new facility features an 18,000 square foot…
Read Full ArticleHardscrabble tale charms luncheon (Albuquerque Journal)

More than 500 people listened to a story evocative of New Mexico’s dusty and rural past about a woman’s hardscrabble contribution to the state at Thursday’s quarterly investor’s luncheon of Albuquerque Economic Development. Told by Debbie Harms, CEO of commercial real-estate services firm NAI Maestas & Ward, the story recounted how a young widow named…
Read Full ArticleInvestors offer free land on Albuquerque’s west side to right employer

Watch – Jim Wible’s Interview on Watch KOB 4 Eyewitness News Some investors are offering up acres of land near Paseo del Norte for free, so long as they go to the right employer. The west side of Albuquerque has been built up big time with housing developments, but large employers haven’t quite kept up. “This…
Read Full ArticleLa Monica Shops seeing activity
South Valley Sees Opening of Two New Stores La Monica Shops, located in the southeast quadrant of Coors and Rio Bravo, has signed leases with two new tenants. The South Valley is now home to Smiles for Kids Dentistry and the Cash Store. With close to 41,000 households, the South Valley has been one of…
Read Full ArticleBarber’s Knock Answered

Traditional Barber Shop is Open for Business New Mexico native, Meshelle Alonzo, is opening a full service barbershop in the north heights at San Pedro Plaza. Meshelle Alonzo is a first time small business owner with the desire to offer the services of an old fashioned barber shop. The Barber’s Knock will offer hot shaves…
Read Full ArticleCircle K takes interest on the West Side
Circle K Plans to Open at Bridge and Old Coors With just over 2.27 acres of land on the southwest corner of Bridge and Old Coors, Circle K plans to become the new neighbor. Known for their “On Your Corner. In Your Corner” community service perspective, Circle K plans to open on the corner of…
Read Full ArticleHouse of Football coming to Rio Rancho
House of Football is about to open another door. By Jessica Dyer / Journal Staff Writer PUBLISHED: Tuesday, June 24, 2014 at 7:07 am The locally owned NFL fan store formerly known as Krystal’s will expand with a Rio Rancho location this summer. The new shop will go into Country Club Plaza at 3301…
Read Full ArticleNew High School Charter Opening
Explore Academy Brings New Perspective to Charter Schools New charter school aims to include the student and the community perspective throughout the learning process. The new Explore Academy leased over 30,000 square feet near Osuna and I-25. The Founder and former teacher, Just Baiardo, realized the need for a bottom up philosophy, which is…
Read Full ArticleAlbuquerque Publishing Company Building Sold
Written by: Stephanie Chang Albuquerque, New Mexico, March 20, 2013 – An Albuquerque downtown mainstay sold by the Albuquerque Publishing Company. The Albuquerque Publishing Company is the production and distribution agent for the Albuquerque Journal and has been serving New Mexico since the 1880’s. It recently sold its 5,950 square foot building located at the…
Read Full ArticleIncrease in Housing in the Albuquerque Metro
Written by: Stephanie Chang Albuquerque, New Mexico – February 25, 2013 – New residential mortgage lender will start servicing the Albuquerque area as of March 1st, 2013. Lewallen Mortgage will be located just east of San Mateo and north of the Arroyo del Oso Golf Course in the Academy Office Park. This location is close…
Read Full ArticleCommissioner Art De La Cruz, Community Leaders Break Ground on Las Estancias Commercial Development
Issued by Bernalillo County, Andrew Lenderman February 16, 2013 Hundreds of New Jobs, More Services Planned for South Valley Bernalillo County – Commissioner Art De La Cruz and community leaders today broke ground on a major commercial construction project that aims to bring hundreds of jobs and new services to the South Valley and the Southwestern…
Read Full ArticleAlgodones, NM Sees Rise in Real Estate Activity
Algodones, New Mexico – February 12, 2013 – As the trend in commercial real estate stays steady the small town of Algodones, New Mexico peaks in commercial real estate transactions. Algodones, New Mexico recently had three acres of land sold on January 31, 2013. This property was on the market less than three months and…
Read Full ArticleU.S. 8th Largest Mortgage Lender Sees Growth in Albuquerque
Written by: Stephanie Chang Albuquerque, New Mexico –February 1, 2013 – As the downward trend in home sales comes to an end, this mortgage lender is ready to utilize its trending technology to effectively serve the rise in clients. Sierra Pacific Mortgage Company has been successfully operating in Albuquerque for over 26 years. They are…
Read Full ArticleImmigration attorneys expansion in Albuquerque

Maney|Gordon, Attorneys at Law Proclaim the Relocation of their Albuquerque Office. Albuquerque, New Mexico – January 9, 2013 – New business growth and office space leasing activity in the Gibson and Yale area were led by Maney|Gordon, Attorneys at Law, a company with over 35 years’ experience specialized in immigration law. Maney|Gordon, Attorneys at Law…
Read Full ArticleErik Olson, CCIM | Silver Moon Lodge site plans to be discussed | KOB Eyewitness News 4 | December 10, 2012
Silver Moon Lodge site plans to be discussed Posted at: 12/10/2012 4:46 PM | Updated at: 12/10/2012 6:26 PM By: Chris Ramirez, KOB Eyewitness News 4 There is a plan to replace what once was the Silver Moon Lodge at Central and 10th near Downtown Albuquerque. The plan calls for a 151-unit apartment complex, holding…
Read Full ArticleDeveloper 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
Read Full ArticleScalo 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…
Read Full ArticleLocal 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…
Read Full ArticleNew 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…
Read Full ArticleDos 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…
Read Full ArticleHanover 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…
Read Full ArticleNAI 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…
Read Full ArticleSenior 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…
Read Full ArticleLocal 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…
Read Full ArticleSushi 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…
Read Full ArticleExciting 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…
Read Full ArticleIHOP 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…
Read Full ArticleSale 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…
Read Full ArticleAfter 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…
Read Full ArticleSale 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…
Read Full ArticleRio 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…
Read Full ArticleChipotle 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
Read Full ArticleNew 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.
Read Full ArticleAlbuquerque 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…
Read Full ArticleStanford 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…
Read Full ArticleHeritage 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…
Read Full ArticleAlbuquerque #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,…
Read Full ArticleHospital 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…
Read Full ArticlePaseo 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…
Read Full ArticleLocal 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…
Read Full ArticleMelrose 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,…
Read Full ArticleAlbuquerque 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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