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Land & Industrial Quarterly Reports

Posted 08 Apr 20 By: No comments yet

Q1 2020 Land & Industrial Market Report

Summary 2020 has picked up right where 2019 left off. Vacancy remains stable, hovering between 2.5% and 3.0% while lease rates continue a slow, steady ascent. Multiple new construction projects are in the works at 7901 Las Lomitas, 7410 Washington, and 3301 Candelaria to go with the recently completed office/ warehouse building at 4455 Anaheim….

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Posted 31 Dec 19 By: No comments yet

Q4 2019 Land and Industrial Market Review

Summary As 2019 wraps up, the industrial vacancy rate in Albuquerque is still hovering at or near its historic low. The market appears to have stabilized as new vacancies are coming to the market at roughly the same pace as existing vacancies are absorbed. A scenario in which the vacancy rate drops significantly below its…

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Posted 30 Sep 19 By: No comments yet

Q3 2019 Land and Industrial Market Review

Summary The industrial vacancy rate continues to trend downward and has reached multiple historic lows in 2019. Since July, the rate has increased roughly 0.4% which can be attributed to the addition of several recently vacated properties. New construction has not contributed much to this increase as only two projects are actively underway. Median lease…

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