Hanover Business Park Approaches 100% Occupancy
Industry News | Local News | NAI SunVista News
Hanover Business Park, a recent commercial development in Albuquerque’s West Mesa area, is steadily reaching occupancy. The newest lease, signed for 2,212 square feet of space, represents 89% occupancy in the first phase of construction, and a beautiful new home for New Life Tabernacle Church. Hanover Business Park is being developed in three phases, the first of which is complete and currently leasing. The 20,000 square foot building has a single 2,212 square foot suite still available. Tenants here include two churches and a 9,000 square foot gym, all providing ample foot traffic to neighboring business. Two fully developed pad sites remain available. These pad sites are each designed for commercial buildings of 21,000 square feet and are currently available for purchase and build to suit projects. Future Phase Two and Phase Three development plans include shell space for owner users and/or individual tenant suites ranging from 2,200 to 21,000 square feet. Hanover Business Park is ideal for office/warehouse space, retail and showroom, restaurants and catering companies, light manufacturing, and even material or equipment storage and assembly. For more information about leasing or purchasing space in this beautiful development, contact Erik Olson, CCIM. Olson, a broker with NAI Maestas & Ward Commercial Real Estate, is a partner in the project and the agent for this property.