NM brokers, developers grapple with shifting retail landscape
Industry News | Land & Industrial | Local News | NAI SunVista News
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 other retail sectors, forcing businesses to adapt to changing conditions. And some of these changes may be here to stay even after the pandemic abates.
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NAI Maestas & Ward advisor Keith Meyer was consulted for this article.