New Mexico
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Chuze Claims Fontana Space for New Gym
Chuze Fitness signed a 45,000-square-foot lease at 14574 Baseline Ave. in Fontana, CA. The gym will join the Morningside Marketplace… Read more
Hakes Brothers Ready to Develop Mountain Hawk Estates
New Mexico homebuilder Hakes Brothers unveiled its third housing development in the Albuquerque metro area. Hakes Brothers at Mountain Hawk… Read more
Ace Hardware Expanding South Dallas Distribution Center to 900K SF
Ace Hardware Corp. is doubling the size of its Retail Support Center (RSC), located in the South Dallas submarket. Specifically,… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
Heslin Finalizes Albuquerque Retail Redev
Heslin Holdings, Inc. completed a multi-million-dollar renovation of West Central Plaza, a 150,000-square-foot retail center located in Albuquerque, NM. The… Read more
Winner of the Anadarko Billion-Dollar Bidding War: Occidental Petroleum
A bidding war between Chevron Corp. and Occidental Petroleum for ownership of Anadarko Petroleum Corp. ended up in Occidental’s favor.… Read more
Where Retirees Are Headed, and Where They’re Coming From
For decades, it has been a cliché: retirees pulling up stakes from harsher winter climes up north, and living out… Read more
Gemini Rosemont Relocates Corporate HQ to Iconic Century City Tower
Gemini Rosemont Realty LLC relocated its corporate headquarters to 2000 Avenue of the Stars, a 790,000-square-foot trophy office project in… Read more
Lackland AFB Earmarks $144M for New Training Complex
Airmen at the Joint Base San Antonio-Lackland Air Force Base will soon be educated, housed, and fed in a new… Read more
U.S. Set to Eclipse “Two Closest Rivals” for Oil Production
The future looks bright for the Lone Star State’s energy sector, judging by a new forecast. Global research firm Rystad… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Rural Communities, Rentals and Affordability
Affordable housing is a concern across most of the United States. The issue, however, is even more problematic among rural… Read more
SkyWalker Property Adds Properties to Funds’ Portfolios
SkyWalker Property Partners added a New Mexico office building and a retail property in South Texas to two of its… Read more
Ashford Acquires New Mexico Hotel for $50M
Dallas-based Ashford Hospitality Trust, Inc. acquired La Posada de Santa Fe in Santa Fe, NM for $50 million. This 157-room hotel with 7,810… Read more
NorthMarq Capital Expands MF Investment Sales Practice in Kansas City
NorthMarq Capital expanded its multifamily investment sales team in Kansas City. Jeff Lamott joined the organization’s regional office as SVP… Read more
Ashford Lands La Posada de Santa Fe for $50M
Dallas-based Ashford Hospitality Trust, Inc. is acquiring the 157-room La Posada de Santa Fe in Santa Fe, NM for $50 million. The boutique hotel property is… Read more
El Paso Refinery Changes Ownership — Again
An El Paso refinery on Trowbridge Drive will have its second new owner in less than two years. The refinery,… Read more
Berkadia Secures $78M for Six Hotel Properties
Berkadia secured $78 million financing for six hotel properties in a portfolio of eight total hotel properties on behalf of… Read more