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Santa Fe Quarterly Report

Posted 13 Oct 20 By: No comments yet

Q3 2020 Santa Fe Market Review

Summary Santa Fe is growing steadily toward the south and southwest quadrants of the city. Residential projects, especially multifamily, have gained market velocity this year with four apartment communities near completion and three others under construction. Vizcaya III, Broadstone, Capitol Flats & San Isidro III are already leasing and are seeing strong activity. South Meadows…

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Posted 15 Jul 20 By: No comments yet

Q2 2020 Santa Fe Market Review

Summary The industrial market is characterized as a very stable asset class, and in the face of these uncertain times, it is standing firm. So far this year, the pandemic has not had a large impact on the industrial market in Santa Fe, although nationally some distribution centers have been affected due to the slowdown…

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Posted 23 Apr 20 By: No comments yet

Q1 2020 Santa Fe Market Report

Summary 2020 started with increased activity from prospects moving into higher quality office buildings. It was anticipated 2020 would be a great year for those properties focused on offering a high-quality product. The year started with a lease rate averaging $20.21 per square foot and a vacancy rate of 11.87%. A higher demand for smaller…

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