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Blog

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…

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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…

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Posted 12 Oct 20 By: No comments yet

Historically low interest rates bring solutions for owner-user buyer

By Alex Pulliam, NAI Maestas & Ward Land and Industrial Advisor We are officially in the third quarter of 2020 and although uncertainly surrounding the COVID-19 Pandemic has adversely impacted some aspects of the real estate market, the industrial segment has remained resilient with plenty of active buyers still looking to acquire property. A noteworthy…

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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…

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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…

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Posted 12 Jun 20 By: No comments yet

The Land of Enchantment—a Market Primed for Industrial Development

By Riley Mckee, NAI Maestas & Ward Industrial Real Estate Advisor. An article featured in the May 2020 Western Real Estate Business Magazine by NREI.com.  If summarized in one word, New Mexico’s industrial real estate market can best be described as undersupplied. Steady increases in demand combined with a dearth of new construction have resulted…

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Posted 09 Jun 20 By: No comments yet

Competitive SBA Rates & Incentives Benefit Industrial Buyer Despite COVID Uncertainty

By Alex Pulliam, NAI Maestas & Ward Land and Industrial Advisor Historically, the South Valley has held a reputation for being a less desirable submarket of Albuquerque but as the industrial real estate market witnesses a shrinking supply of suitable properties, the area has gained interest from active buyers. It is particularly attractive for industrial…

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Posted 05 May 20 By: No comments yet

Emerging from Covid-19; Commercial Real Estate Predictions 2020

by Shelly Branscom, CCIM  As we began the 2020 year, none of us could have predicted the halting effects COVID-19 would have on the world’s social and economic landscape.   As current stay-at-home orders are shifted into economic phasing plans, it is important to take a closer look at what major factors will impact the Commercial…

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Posted 10 Apr 20 By: No comments yet

COVID-19 Business Resources

The team at NAI Maestas & Ward is committed and connected to our clients and community during these unique times.  We have been designated an essential business and as such will remain open, sensible and proactive in our approach to ensure business continuity. Our advisors and property managers are staying up to date with market…

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Posted 26 Mar 20 By: No comments yet

Navigating coronavirus’ impact on commercial real estate

 A Whitepaper by Riley Mckee Between 2007 and 2009, the commercial real estate industry was dealt a heavy blow by what is now referred to as “The Great Recession”. Property values and sale volumes collapsed when businesses began prioritizing survival overgrowth. In the years that followed, real estate transactions required extreme deference on the part…

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Posted 06 Mar 20 By: No comments yet

Cannabis-Friendly States Get A Boost in Commercial Real Estate

Already there are 33 states and the District of Columbia that have legalized marijuana use in some form. Many of these states, like New Mexico, allow for medical use. According to a recent article, dispensaries in New Mexico have sold more than one hundred twenty million dollars of medical marijuana in 2019. In that time, nearly…

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Posted 25 Feb 20 By: No comments yet

Expanding Horizons and Making Connections

Keith Meyer, CCIM, SIOR, recently expanded NAI Maestas and Ward’s real estate horizons with the referral though affiliated NAI KRAIN of Guanacaste, Costa Rica on a coffee and avocado farm in Grecia Costa Rica. Jeff Goode of NAI KRAIN will be the Listing Broker, working with owners Dave and Angela Wohlert on the sale of…

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Posted 24 Jan 20 By: No comments yet

2020 CRE Outlook

2019 has wrapped up and we are moving rapidly into 2020. The real estate industry in New Mexico has been recovering for the past two years and, nationally, the recovery has been in progress for several years.  Our economy is in the expansion stage of the real estate cycle. Will we continue on an upward…

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Posted 21 Jan 20 By: No comments yet

It’s Not Just Amazon’s Fault | A Review

It’s Not Just Amazon’s Fault by Vitaliy Katsenelson | An Article Review We sat down with Retail and Multifamily Specialist, Isaac Romero who provides market and knowledge insight to all things financial in the Commercial Real Estate World for a review of the Retail  Sector to provide an additional perspective. To download and read the…

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Posted 17 Dec 19 By: No comments yet

Feliz Navidad from Santa Fe

Feliz Navidad presented by Amigo Fiel Amigo Fiel is a USA 1031(c) 3 Christian non-profit organization founded in 1993 by Carlos Garcia, founder and co-director.  Joel Cumplido serves as co-director of the organization.  Amigo Fiel has a twofold mission: First, we train volunteers from all over the United States to share the gospel of Jesus…

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Posted 25 Nov 19 By: No comments yet

Taking a Stand for the Community and Upgrading to a New Location

The Pain and Recovery Center has a new location at 1110 Pennsylvania, Suite B Connecting the right business to the right location just makes sense, especially when it comes to a company that has a direct impact on our community.  We would like to welcome The Pain and Recovery Center to their new location at…

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Fitness Franchise backed by Mark Wahlberg enters the New Mexico Market

Functional 45 Training has a new location at 5920 Holly Ave. NE.   Functional 45 Training, otherwise known as “F45 Training”, a new-to-market fitness concept, will be moving into a 2,686 sf suite in a retail center they recently leased at 5920 Holly Ave NE, Suite E, in Albuquerque.  The transaction has a positive community impact…

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Posted 19 Nov 19 By: No comments yet

Keith Meyer Advances to Partner

Keith Meyer - Partner

EVERY GREAT HAS A STORY NAI Maestas & Ward is pleased to announce Keith Meyer’s advancement from Senior Director to Partner. We sat down with Keith to learn a little bit more about his career in Commercial Real Estate and who he is inside and outside of the office. Q. What did you do before…

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Posted 12 Nov 19 By: No comments yet

CCIM 2019 Deal of the Year Under 1 Million

2019 CCIM Deal of the Year

  Engineers Secure Owner-User Investment RhinoCorps Ltd. has relocated within a building they recently purchased located at 1128 Pennsylvania St. NE, Albuquerque, NM 87110.  Shelly Branscom, CCIM, and the late Rich Diller, CCIM, SIOR, of NAI Maestas & Ward began representing the building for lease in 2013.  The Seller was a California investor whose spouse…

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Posted 08 Nov 19 By: No comments yet

CCIM 2019 Deal of the Year Over 1 Million Dollars

CCIM Deal of the Year 2019

On November 12, 2013, an Albuquerque business owner plead guilty to defrauding the Service-Disabled Veteran Owned Small Business Program (SDVOSB), a VA initiative that gives preferential treatment to veterans applying for federal contracts. By falsely claiming his stepbrother—who was in fact a disabled veteran—held an ownership stake in his company, he fraudulently secured $11 million…

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Posted 14 Oct 19 By: No comments yet

10 Things you might not know about CEO, Debbie Harms

How much do you know about NAI Maestas & Ward CEO, Debbie Harms? Most people know her as one of the top leaders in the New Mexico Commercial Real Estate and Property Management industries.  However, in celebration of National Bosses Day, we sat down with one of the best bosses (we may be biased) to…

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Posted 04 Oct 19 By: No comments yet

NAI Global announces the 2019 OFFICE OF THE YEAR award at annual convention

Press Release by NAI Global through The News Funnel (Real Estate News, Personalized) New York City, NY – September 30, 2019: Jay Olshonsky, SIOR, FRICS, President and CEO of NAI Global, a leading global commercial real estate brokerage firm, today announced the top-performing offices and top-producing brokers/brokerage teams for the year during its annual convention, which this year…

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Posted 11 Jun 19 By: No comments yet

Construction begins on new shipping container project

By Christopher Ortiz, Managing Editor, Albuquerque Business First  |  June 11th, 2019 Seven months after its groundbreaking ceremony, construction has begun on Albuquerque’s second shipping container project. Crews are set to begin pouring foundation at Tin Can Alley at the corner of San Pedro and Alameda, reports KOB. Developer Roy Solomon, who also developed Green Jeans Farmery, originally…

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Posted 28 Feb 19 By: No comments yet

From Animal Care to Footwear; A Successful Double Deal

 3601 Eubank Blvd. NE, Albuquerque NM 87111 Nothing pleases us more than happy customers and today we celebrate advisors Dave Hill, CCIM and DJ Brigman for a job well done.  Our office experts represented both the buyer and seller on the transaction of a 3,500 sq ft building on the corner of Eubank/Comanche.  This highly visible…

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Posted 11 Jan 18 By: No comments yet

Congratulations Dave Hill, Senior Director

“As we all go through life we make decisions about paths to take which may or may not work out in our best interest.  We often face these decisions armed with only the knowledge of our capabilities and our own conviction.  Strength of fortitude and sheer willpower are what get us through the trying times,…

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Posted 23 Feb 15 By: No comments yet

Albuquerque Innovation Fund to offer grants to business-boosting nonprofits (Albuquerque Business First)

Later this spring, more Ewing Marion Kauffman Foundation money will come to Albuquerque to support entrepreneurial efforts, said Steve Maestas, the CEO of Maestas Development Group and founder of NAI Maestas & Ward. The new Albuquerque Innovation Fund will go live on March 27 as a partnership between the city of Albuquerque, the Kauffman Foundation…

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