COVID-19 UPDATE: Designated as an essential business, we have remained open, sensible and proactive in our approach to ensure business continuity. We will continue to provide our clients and customers with updates and resources on the market and commercial real estate activity. To learn more, click here.

Posts by Cathryn Huff

Posted 26 Jul 21 By: No comments yet

Is CRE Becoming More Inclusive?

By Therese Fitzgerald , Commercial Property Executive July 23, 2021 NAI Global’s Diversity Equity & Inclusion Council held a webinar on the status of progress in the commercial brokerage field. In Atlanta’s biggest lease of 2020, T. Dallas Smith & Co. helped Microsoft Corp. lease 523,000 square feet at Atlantic Yards. T. Dallas Smith is a boutique…

Read Full Article
Posted 13 Jul 21 By: No comments yet

Unstoppable Forces, Immovable Objects

By Riley McKee, NAI SunVista Land and Industrial Advisor What happens when an unstoppable force meets an immovable object? This long-debated paradox is nothing more than a mind game, but occasionally, real-world circumstances align that present a similar conundrum. The industrial real estate market in Albuquerque, New Mexico is a good example. The seemingly unstoppable…

Read Full Article
Posted 08 Jul 21 By: No comments yet

Q2 2021 Santa Fe Market Review

Summary The second quarter of this year made three things clear to us: 1. Good opportunities have to be taken advantage of immediately; 2. Businesses must renew or they will not be in business; and 3. Life and business goes on after COVID-19. Click in here to find out why we believe the City Different…

Read Full Article
Posted 06 Jul 21 By: No comments yet

The Linneman Letter, Summer 2021

The Linneman Letter is a highly regarded “one-stop-shop” quarterly publication for commercial real estate investors, as well as anybody seeking to understand today’s ever-changing economic and geo-political environment. Dr. Linneman, the founding chairman of the Wharton Real Estate Department, taught real estate and finance at the Wharton School of Business for over three decades. The Linneman Letter is…

Read Full Article
Posted 04 May 21 By: No comments yet

How Covid-19 is affecting CRE lease negotiations

By Ty West, National Content Editor May 3, 2021 How will Covid-19 affect the future of commercial real estate? It’s a multibillion-dollar question that’s been debated since the start of the pandemic. With many businesses still plotting their returns to the office, the answer remains to be determined. But experts say the effects of Covid-19 are…

Read Full Article
Posted 03 May 21 By: No comments yet

CRE Insights from Office Director, Shelly Branscom, CCIM

by Shelly Branscom, CCIM  Are we clean enough? Striking the right “clean” balance is critical as we are all coaxed back to public spaces at the office, church and school.  When the pandemic initially hit, an abundance of caution was a good idea.  However, going forward, property managers and landlords are focusing on altering sanitation…

Read Full Article
Posted 14 Apr 21 By: No comments yet

Land/Industrial Q1 2021 Market Report

Summary One full year into the COVID-19 pandemic, the industrial real estate market continues its strong run, despite disruptions to just about every other industry in the US economy. Vacancy rates have largely remained flat, though the current rate (2.29%) is roughly 0.4% less than it was 12 months ago (2.70%). Lease rates—after a lengthy…

Read Full Article
Posted 13 Apr 21 By: No comments yet

Land is in Demand—Consideration for raw land investing

By Genieve Posen, NAI Maestas & Ward Land and Industrial Advisor On both a local and national scale there has been an increase in land sales. This past year has demonstrated that investors are rediscovering and regaining confidence in land real estate which resulted in an impressive year for land sales. It is also projected…

Read Full Article
Posted 07 Apr 21 By: No comments yet

CRE Insights from Office Director, Shelly Branscom, CCIM

by Shelly Branscom, CCIM  As children return to the classroom, the nation begins to open up and travel resumes, we can expect more of the same in 2021.  According to NBC News, at the end of the first quarter of 2021, more than 70 countries are fully open to US travelers and tourists, while 16…

Read Full Article
Posted 06 Apr 21 By: No comments yet

Q1 2021 Santa Fe Market Review

Summary We leave behind a year with challenges and step into 2021, fresh with opportunities thanks to the distribution of vaccines and a gradual return to normalcy. If the first quarter of 2021 looked this good, we are sure the second will be even better. Click in here to get the latest on how film…

Read Full Article
Posted By: No comments yet

The Linneman Letter, Spring 2021

The Linneman Letter is a highly regarded “one-stop-shop” quarterly publication for commercial real estate investors, as well as anybody seeking to understand today’s ever-changing economic and geo-political environment. Dr. Linneman, the founding chairman of the Wharton Real Estate Department, taught real estate and finance at the Wharton School of Business for over three decades. The Linneman Letter is…

Read Full Article
Posted 18 Mar 21 By: No comments yet

Premier New Mexico Commercial Real Estate Firm NAI Maestas & Ward Becomes NAI SunVista

Albuquerque, NM (March 18, 2021) — One of New Mexico’s leading commercial real estate firms, NAI Maestas & Ward, will become NAI SunVista, it was announced today. SunVista, previously the name of the company’s general contracting and maintenance divisions, will now encompass the company’s full portfolio. “The name SunVista is reflective of our unique region,…

Read Full Article
Posted 24 Feb 21 By: No comments yet

The Woman Effect | Opportunity in Commercial Real Estate

by Genieve Posen  It is no secret that over the past 25 years, women have achieved tremendous strides in the Commercial Real Estate (CRE) industry. Historically, CRE has been a predominantly male-dominated industry, which has proven to be slower than other industries to bridge the gap of gender equality. Similar to sister industries such as…

Read Full Article
Posted 22 Feb 21 By: No comments yet

CRE Insights from Office Director, Shelly Branscom, CCIM

by Shelly Branscom, CCIM  As we climb out of the pandemic, you are likely wondering if 2021 Commercial Real Estate is up or down from where we were this time last year just before the COVID-19 shutdown. Here’s what we know. Technology is reshaping industrial space while robotics are playing a role in improving the…

Read Full Article
Posted 09 Feb 21 By: No comments yet

2021 Global Real Estate Market Outlook

Albuquerque, NM 2/1/2021 – NAI Maestas & Ward announced the release of the NAI Global Real Estate Market Outlook for 2021. The report is the result of an internal survey of NAI Global brokers from over 30 U.S. states and a dozen international offices with responses between October 7 and October 29, 2020. The clear…

Read Full Article
Posted 25 Jan 21 By: No comments yet

Meet Retail Senior Advisor Randall Parish

For the past couple of years, we have watched Randall tailor the “suit” of professional, commercial real estate Advisor into a perfectly-cut, well-stitched and superbly-appointed ensemble worn by a best-in-class broker.  Randall has honed his skills to incorporate integrity, honor and knowledge as the base elements of his business acumen. When faced with a challenge,…

Read Full Article
Posted 21 Jan 21 By: No comments yet

Albuquerque’s industrial market held strong through 2020

By Ron Davis – Reporter, Albuquerque Business First January 20, 2021 Albuquerque’s tight industrial market filled up even more during the last month of 2020. A fourth-quarter report from NAI Maestas & Ward showed Albuquerque’s final industrial vacancy rate at 2.24% as of December 2020. The rate fluctuated between 2% and 3% throughout the year but reached…

Read Full Article
Posted 19 Jan 21 By: No comments yet

The Linneman Letter, Winter 2021

The Linneman Letter is a highly regarded “one-stop-shop” quarterly publication for commercial real estate investors, as well as anybody seeking to understand today’s ever-changing economic and geo-political environment. Dr. Linneman, the founding chairman of the Wharton Real Estate Department, taught real estate and finance at the Wharton School of Business for over three decades. The Linneman Letter is…

Read Full Article
Posted 18 Jan 21 By: No comments yet

2021 CRE Office Outlook

by Shelly Branscom, CCIM  Flight-to-Quality in office buildings will likely accelerate with higher demands for flexible space options, shared meeting rooms, indoor air quality, connected building apps and touchless technology. On the other hand, it is anticipated that demand in downtown high-rise buildings will decrease as companies drive increased demand in more dispersed secondary markets….

Read Full Article
Posted 13 Jan 21 By: No comments yet

Land/Industrial Q4 2020 Market Report

Summary Nine months after COVID-19 unexpectedly disrupted a previously strong economy, the industrial real estate market so far has not been negatively impacted. The vacancy rate—effectively unchanged from this time a year ago—continues to hover between 2-3%. Several large transactions were completed in Q4, including 2121 Claremont Ave. NE, (38,872 SF), 3921 Academy Parkway N….

Read Full Article
Posted 12 Jan 21 By: No comments yet

Land is in Demand

By Alex Pulliam, NAI Maestas & Ward Land and Industrial Advisor Over this past year we have witnessed the constant need for quality industrial buildings and land.  Many industrial users had steady workloads prior to the Pandemic, and their workloads seemed to only increase with the Pandemic because most were able to operate as “essential…

Read Full Article
Posted 11 Jan 21 By: No comments yet

Q4 2020 Santa Fe Market Review

Summary Without a doubt, 2020 has been a unique year that no one could have ever anticipated. Who would have ever thought that big-box giants like Target, Smiths, and Walmart would have to close for a period? That hotels would have such dramatic drops in reservations that they would consider closing? Or that small local…

Read Full Article
Posted 30 Dec 20 By: No comments yet

Meet Land & Industrial Senior Advisor Riley McKee

When we think of Riley, we think of the words “precision, comprehensive and meticulous”.  We think about a young man with a desire to succeed and be the best in his chosen field.  If you know much about Riley, you know he is relentless in his pursuit of perfection, persistent in his attack on the…

Read Full Article
Posted 09 Dec 20 By: No comments yet

Joy Junction: Home for the Homeless

Joy Junction, a local non-profit whose mission is to break the cycle of homelessness, will be relocating their Thrift Shoppe to a 3,800 SF retail/warehouse site at 4008-4012 Menaul NE. They anticipate opening this location by mid-December. Currently, Joy Junction operates their Thrift Shoppe at 107 Bowers Road SW, next to their main campus. They…

Read Full Article
Posted 07 Dec 20 By: No comments yet

NM brokers, developers grapple with shifting retail landscape

By Albuquerque Journal Staff November 30, 2020 ALBUQUERQUE, N.M. — More than eight months since the COVID-19 pandemic reached New Mexico, Albuquerque’s retail scene has fared better than many markets, but there are still plenty of lingering question marks. Local developers and brokers agree the pandemic has accelerated existing trends among restaurants, big-box stores and…

Read Full Article
Posted 24 Nov 20 By: No comments yet

CCIM Deal of the Year (over $1M)

By Riley McKee, NAI Maestas & Ward Advisor November 13, 2020 A conundrum commercial real estate brokers will face from time to time involves balancing the anticipation of an exciting opportunity with the unfortunate realities that brought it about. Such is the case with 8301 Broadway Blvd. SE, a 20,000 square foot heavy manufacturing facility…

Read Full Article
Posted 17 Nov 20 By: No comments yet

CRE Outlook: Albuquerque offers unique opportunities

by Shelly Branscom, CCIM  Even with the new “stay at home” order New Mexico is under again, we continue to negotiate and close commercial real estate transactions in Albuquerque and across New Mexico. Under the new Biden administration we can expect an increase in taxation of the wealthy. Although the removal of 1031 Exchange opportunities…

Read Full Article
Posted 13 Nov 20 By: No comments yet

KAFB mixed-use development moves forward as lease is signed

By Albuquerque Journal Staff November 13, 2020 A major mixed-use development that’s been in the works for two years on Kirtland Air Force Base is moving forward once again, according to a news release from the developer. Thunderbird Kirtland Development LLC has signed a formal lease with the U.S. Air Force for MaxQ at Kirtland,…

Read Full Article
Posted 11 Nov 20 By: No comments yet

Junk has met its king

By Alex Pulliam – Advisor with the Land & Industrial team at NAI Maestas & Ward November 3, 2020 Junk King, a new-to-market junk hauling service, will be moving in to a 2,500 SF office/warehouse at 6101 Signal NE, Albuquerque with plans to launch their operations mid-November. Junk King is an eco-friendly junk removal service…

Read Full Article
Posted 26 Oct 20 By: No comments yet

Playing matchmaker, Debbie Harms has built a successful career in real estate

By Ron Davis – Reporter, Albuquerque Business First October 23, 2020 Most children’s curiosity wouldn’t be piqued by driving past a building under construction or a vacant piece of land. For Debbie Harms, however, it was the start of an interest that she built into a successful career. Harms grew up in Farmington, and as…

Read Full Article
Posted 22 Oct 20 By: No comments yet

The Linneman Letter, Fall 2020

The Linneman Letter is a highly regarded “one-stop-shop” quarterly publication for commercial real estate investors, as well as anybody seeking to understand today’s ever-changing economic and geo-political environment. Dr. Linneman, the founding chairman of the Wharton Real Estate Department, taught real estate and finance at the Wharton School of Business for over three decades. The Linneman Letter is…

Read Full Article
Posted By: No comments yet

Learning to Live with COVID while Optimizing Opportunities

by Shelly Branscom, CCIM  COVID-19 may not be going away soon, but that has not prevented the U.S. economy from rebounding. Americans are learning to live with COVID. Progress has been slow, and medical personnel are learning how to manage the virus while nursing the majority of its victims back to health. The nation is…

Read Full Article
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…

Read Full Article
Posted By: No comments yet

Sombra to expand hand sanitizer operation at a new Albuquerque manufacturing facility

By Ron Davis – Reporter, Albuquerque Business First October 13, 2020 Albuquerque manufacturer Sombra plans on doubling down on a new production line it started during the Covid-19 pandemic: hand sanitizer. John Martinez, director of public affairs and business development for Sombra, said his company — like many others — faced challenges during the pandemic……

Read Full Article
Posted 05 Oct 20 By: No comments yet

Kairos Power Selects Albuquerque for Research and Development Center

[Excerpted and updated from a Kairos Power press release dated 12.13.19] ALBUQUERQUE – Kairos Power LLC, an innovative CleanTech engineering company, has chosen Albuquerque as its home for a new engineering center to support the development of its advanced reactor technology. The company will be located in Albuquerque’s Mesa del Sol master-planned community, where it…

Read Full Article
Posted 24 Sep 20 By: No comments yet

Meet Investment Specialist Jake Mechenbier

Perseverance, intelligence, personality, innovation. What do all of these have in common? Jake Mechenbier. Jake is the epitome of the quiet guy in the background that most people aren’t paying attention to, and then all of a sudden – BAM – there he is winning the race.  Not only has he won, he did it…

Read Full Article
Posted 01 Sep 20 By: No comments yet

Back-to-school Market Update

by Shelly Branscom, CCIM  As our children head back to school at home, with parents by their sides, the commercial real estate market in Albuquerque continues to show signs of health! The sector most greatly hit by the pandemic are our retail restaurants and boutique businesses.  Thankfully, beginning August 29, 2020 New Mexico restaurants will…

Read Full Article
Posted 27 Aug 20 By: No comments yet

Wildflower International’s Surveillance Center Lands a New Home in a Santa Fe Mission

407 Rodeo Road was recently sold to Wildflower International, an intelligence company founded and based in Santa Fe, New Mexico. Wildflower Int. recently secured a 1 billion dollar contract with the United States Military to provide unmanned aircraft related services. Founder Kimberly DeCastro loved the 17th Century Spanish style of the building, which also provided…

Read Full Article
Posted 25 Aug 20 By: No comments yet

Debbie Harms, CEO of NAI Maestas & Ward, is the recipient of the Albuquerque Journal’s 2020 Mentorship award

As the leader of a company of 13 skilled staff members and 34 licensed commercial real estate professionals, Debbie Harms manages it all through integrity, hard work, employee empowerment and more. She most recently won The Mentorship Award from The Albuquerque Journal by receiving the most nominations in that category. The criteria included executives who…

Read Full Article
Posted 17 Aug 20 By: No comments yet

Pandemic’s Solution for Housing Crisis?

by Shelly Branscom, CCIM  Just weeks ago, downtown business districts were bustling with people working in their offices, meeting up for lunch, and comingling for happy hour.  No longer.  Once thriving Central Business Districts are facing silent streets, empty offices, and only a few social gatherings. What can those once thriving Central Business District offices…

Read Full Article
Posted 01 Jul 20 By: No comments yet

Teeing it up with DJ Brigman

Tom Kite, American professional golfer, golf course architect and Hall of Fame member, once said, “Discipline and concentration are a matter of being interested.” In the game of golf, and the game of commercial real estate, I think we can all say that DJ Brigman “is interested”.  DJ is a driving force and pleasure to…

Read Full Article
Posted 23 Jun 20 By: No comments yet

Small Businesses Act Now!

by Shelly Branscom, CCIM  With all of the adjustments small businesses have had to make over the past few months, some good news is always welcome! For those small businesses in New Mexico, please make note, June 30th is the new deadline to take advantage of the Paycheck Protection Program (PPP). What does that mean…

Read Full Article
Posted 16 Jul 19 By: No comments yet

Office Building’s new amenities might make you not want to leave

By Rachel Sams – Editor-in-Chief, Albuquerque Business First July 12, 2019 How much work would you get done if your office included float pods, salt rooms and Peloton bikes? Some Albuquerque tenants will soon find out. The skinny Developer Matt Finkelstein purchased Albuquerque’s Optimum Building, 5700 Harper Dr. NE, with plans to provide office tenants some amenities unique…

Read Full Article
Posted 03 Jul 19 By: No comments yet

International distributor plans massive ABQ expansion with new facility

By Collin Krabbe – Technology reporter, Albuquerque Business First June 28, 2019 International distributor Bunzl Distribution USA is planning a major Albuquerque expansion and has signed a “long-term” lease for a new building under construction at the site of the former FedEx Freight facility. The company, a distributor of food packaging, supplies and cleaning and…

Read Full Article
Posted 05 Jun 19 By: No comments yet

Sushi Freak rolls into the Westside

By Ron Davis, Albuquerque Business First reporter  |  May 31, 2019 Sushi Freak is set to make its second move in the Duke City. The San Diego-based sushi chain is planning for a new location on Albuquerque’s Westside at the North Andalucia at La Luz shopping center, located at Coors Blvd. and Montaño Road. Sushi Freak has locations…

Read Full Article
Posted 07 Jan 19 By: No comments yet

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 Article
Posted 18 Dec 18 By: No comments yet

Commercial 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 Article
Posted 05 Dec 18 By: No comments yet

Developers 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 Article
Posted 29 Nov 18 By: No comments yet

Here’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 Article
Posted 19 Nov 18 By: No comments yet

Netflix’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 Article
Posted 14 Nov 18 By: No comments yet

NAI 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 Article
memberships logomemberships logomemberships logomemberships logomemberships logomemberships logomemberships logomemberships logomemberships logo