Each month we bring our new property listings to you to view in one place! See all properties that may fit your needs.
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by jakobsmith
Each month we bring our new property listings to you to view in one place! See all properties that may fit your needs.
To view entire property inventory, click here
by jakobsmith
By Erika Morphy of GlobeSt.com
April 1, 2020
The impact of the health crises on the commercial real estate industry has dramatically changed the industry’s landscape within the space of 30 days. With April getting underway, four NAI executives offered their perspectives on the impact of the pandemic and how they are addressing the challenge. These NAI officers have some of the biggest portfolios of managed properties in the company.
“Most transactions near fruition are still being signed, with some tenants asking to push back start dates post stay-at-home orders, or landlords asking to push back on start dates when construction may be needed by the landlord as part of the deal. Other in-process deals are taking a ‘wait and see’ approach before they sign and some early stage deals are now frozen,” according to NAI Farbman President Andy Gutman, from Detroit, MI.
Dave Petersen, CEO of NAI Hiffman in Chicago echoed Gutman’s sentiments, adding that “it is a great moment to solve lease issues with rent requests that could include blend and extend term, adding personal signatures, gain improved security or other landlord rights as part of a negotiation. Empathy is important but the request for relief should not be a one-way discussion either.”
In Albuquerque, NM, “we are seeing some tenants ask to go month-to-month, as well as many deals going unsigned, with others stalling deals to the degree possible due to uncertainty,” said Debbie Harms, CCIM, SIOR, CPM and CEO of NAI Maestas & Ward.
Petersen pointed out, however, that “there is a great amount of focus being placed on electronic showings whether that’s the use of video conferencing platforms or actual video tours of the space available. Tenants still need space today and we have to use all tools at our resources to help the tenant and our clients to close transactions.
NAI Maestas & Ward is a full-service commercial real estate company serving New Mexico since 1996. The company is a dynamic commercial real estate firm offering best-in-class real estate services in brokerage, property management, asset management, business brokerage and development services.I
by jakobsmith
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 90,000 New Mexicans are now certified to buy medical marijuana.
While the debate of whether to legalize marijuana – medicinal or recreational – is heated, there is one aspect of this topic that is clear. The demand for the production and sale of medical marijuana is evident, both locally and nationwide. And for cannabis-friendly states, the demand for commercial real estate is on the rise. What does this mean for commercial real estate here in New Mexico? Let’s take a look at a few key points.
Increased Demand for Both Commercial and Residential
States, where medical and recreational marijuana is legal, have seen increased property demand in both the commercial and residential sectors, according to a new study by the National Association of Realtors. The study also revealed that more than a third of real estate professionals polled said they saw an increase in requests for warehouses and other properties used for storage. In the same states, up to a quarter of members said they saw a spike in demand for storefronts, and one-fifth said there was a greater demand for land. States, where marijuana has been legal the longest, have seen the largest impact on both commercial and residential real estate.
Chris Anderson, Senior Advisor for NAI Maestas & Wards Retail Division who recently represented the Seller of a property being sold to a Medical Marijuana company, on the subject: “Properties that are not within a radius of a church or school have a niche that many owners may want to look at either leasing or renting to medical cannabis users as this business is set to boom.” –
by jakobsmith
By Ron Davis – Technology reporter, Albuquerque Business First
February 7, 2020
Western Partitions Inc. is set to make its play in New Mexico by breaking ground on a new office space.
The Portland, Oregon-based drywall contractor that worked on Facebook’s Los Lunas data center plans to expand its full-time New Mexico operations by breaking ground Wednesday on a 9,000-square foot, at 511 Paragon Road SE.
“I believe that the opportunity for WPI to build in this location is not only as a direct effect of the Facebook impact in Los Lunas, but is also a direct result from the lack of industrial inventory in the Albuquerque market. This land is not only zoned for their use, but also has easy access to I 25. This property has gained much velocity as a result of those two factors…. in fact the 2 acre plot of land just to the west of WPI‘s property was sold in December because of the lack of inventory easily accessible to the interstate.” –Todd Strickland, NAI Maestas & Ward Director with the Office Team.
by jakobsmith
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 was in Las Vegas.
The office awards include Office of the Year, the #1 Sender of Business and the President’s award, with one award each for the five types of markets served by NAI Global.
NAI Maestas & Ward, based in Albuquerque, New Mexico, garnered the Office of the Year Award for the manner in which the office promotes the brand, drives business, engages with fellow professionals and provides leadership within NAI Global’s structure.
NAI Maestas & Ward CEO, Debbie Harms, CCIM, SIOR on the award: “It really is quite an honor to have received this award. Our office is doing great things with our NAI Global affiliation to aim at maximizing the potential of a local brokerage with national and international reach. Our marketing department has done some amazing things to promote our business and is a big part of our receiving this award for our first-in-class marketing materials. ”
NAI Maestas & Ward Marketing Director, Genieve S. Posen, MLA on the award: “The excitement is still setting in. It is wonderful to see our company’s leadership and marketing efforts being recognized on a national/global scale. As a marketing department, we have worked hard, diligent and smart to provide a vital role in promoting the business and mission of NAI Maestas & Ward. We are passionate about the storytelling and marketing of our company, our community and clients.”
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com
NAI Maestas & Ward Commercial Real Estate completed 443 commercial transactions in 2018 for a total commercial transaction value of $263.04 million.
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