Commercial

Read this CARNM Commercial Source article by CARNM Member Virginia Gonzales CREM featured in the Albuquerque Journal's HomeStyle Magazine.

Qualified professionals needed to maintain and increase value of investments.

By: Virginia Gonzales of Commercial Real Estate Management (HomeStyle Magazine by The Albuquerque Journal)

An article written by Phillip Moeller for US News & World Report on September 10, 2012, reported on the “kinds of jobs [that] will be most plentiful over the next eight years until 2020. The U.S. Bureau of Labor Statistics (BLS) projects that positions in healthcare, social assistance, construction, professional and business services will represent more than half of the 20.5 million new jobs it expects

CCIMS ARE YOUR ALLIES IN COMPLEX FIELD

If you are considering investing in commercial real estate, seek the knowledge of a New Mexico CCIM. 

Commercial real estate is a very dynamic and complicated industry. Whether you are a new investor with capital to invest in commercial real estate or an experienced investor adding properties to your portfolio to lease or sell, it is important to understand the ever-changing market.

A Certified Commercial Investment Member (CCIM) can help you choose the right location, analyze multiple financing opportunities, negotiate the deal, and comprehend the tax benefits or tax consequences of the deal. Just like you have an attorney to help you navigate through the legal world and an

CCIMS ARE YOUR ALLIES IN COMPLEX FIELD

If you are considering investing in commercial real estate, seek the knowledge of a New Mexico CCIM. By: Debbie Dupes CCIM of CBRE & Sean McMullan CCIM of McMullan & Co. Real Estate LLC (HomeStyle Magazine by The Albuquerque Journal)

Commercial real estate is a very dynamic and complicated industry. Whether you are a new investor with capital to invest in commercial real estate or an experienced investor adding properties to your portfolio to lease or sell, it is important to understand the ever-changing market.

A Certified Commercial Investment Member (CCIM) can help you choose the right location, analyze multiple financing opportunities, negotiate the deal, and comprehend the tax benefits or tax

By Jim Wible, NAI Maestas & Ward
Originally published in ABQ Journal's HomeStyle

There are many decisions business owners face and few have as wide ranging impact as whether to own or lease their real estate. A general rule of thumb (and math) indicates that if the business will be in the same location for 7 years or more, then buying is generally a more cost effective solution than leasing.

Buying is going to cost more upfront compared to leasing. It is a strategic business decision to determine to tie up money to finance a purchase and obtain a mortgage. The business owner must also answer the question of would the business be better off or would that money be better spent if they invested it in growing the business instead of real estate?

 by Keith Meyer CCIM, SIOR

Read the latest article from CARNM Commercial Source – articles written by CARNM members and featured in Albuquerque Journal’s Homestyle section. The third featured article is written by our CARNM member Keith Meyer CCIM, SIOR.

Commercial Real Estate Market Report

For the past three years, the commercial real estate market in New Mexico has been improving but mixed. It has been a case where a rising tide has not yet raised all boats. It has been well documented that New Mexico has not enjoyed the job growth or rate of recovery of our neighboring states. Professional seminars that I have attended in just the past month have reaffirmed this, including NAIOP’s I.CON (land use conference) in

Read about the launch party for Homestyle, which features articles written by CARNM Members which we’ve compiled and named CARNM Commercial Source. The article features a picture of CARNM Executive Director, Kendra Yevoli.

Photo courtesy of Gold Financial Services. From left: John Garcia, Executive Vice President of the Home Builders Association of Central New Mexico; Karen Moses, Managing Editor at the Albuquerque Journal; Kendra Yevoli, Executive Director of the Commercial Association of Realtors New Mexico; and Kent Walz, Editor and Senior Vice President at the Albuquerque Journal.

On Thursday, June 9 the Albuquerque Journal hosted a combined GAAR Affiliate Mixer and HomeStyle launch party. The event was a phenomenal success and

By Jim Smith, CBRE Centre
Originally published in ABQ Journal's HomeStyle

The Albuquerque industrial market ended 2015 on a high note.  Both gross activity and net absorption were up, with net positive absorption (873,544 square feet) being the highest since 2007. The actual numbers of lease transactions tracked was a bit below 2014, but the median transaction size was the highest since 2007. 2015 ended with 6.5 percent vacancy rate. The average asking rate for all industrial space was $6.93 PSF NNN on an annual basis.

Albuquerque has not yet seen many of new entrants into the market, despite the State Legislature increasing closing fund budgets and lowering corporate tax rates. However, it does appear that these changes are increasing the