Commercial Real Estate Report - Albuquerque, NM [Office]

Property Type

View market and submarket information on Office space in Albuquerque, New Mexico. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Albuquerque, New Mexico.

Boundaries

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Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Albuquerque, NM - Entire Metro
Submarkets
NW/Rio Rancho -30 bps  
Downtown 40 bps  
Northeast Heights 70 bps  
North Valley/I-25 110 bps  
Uptown 210 bps  
Airport/Southeast 260 bps  
 
 
 
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean -- -- -- --
Median -- -- -- --
12 Month Rolling -- -- -- --



No Data Available

Commercial Real Estate News

Recent Rent Observations

Location ID Class Rent
Northeast Heights 99880 BC $16
Northeast Heights 98140 BC $17
Northeast Heights 32050 A $21
Northeast Heights 98230 BC $20
Northeast Heights 98480 A $18
Uptown 98430 BC $10
Uptown 98470 BC $12
North Valley/I-25 03640 A $23
North Valley/I-25 98210 BC $14
Uptown 98530 BC $11

Change From Previous Quarter

Market Rent Vac Inv
Albuquerque 0.1% 20 bps 0.0%
West Region 0.0% -10 bps -0.1%
United States 0.0% 0 bps -0.0%

Metro vs. Region 0.1% 30 bps 0.0%
Metro vs. US 0.1% 20 bps 0.0%

Latest New Construction Updates

Location Size
North Valley/I-25 40,000 - 70,000
NW/Rio Rancho 0 - 40,000
N/A 40,000 - 70,000
N/A 0 - 40,000
N/A 0 - 40,000
N/A 0 - 40,000
NW/Rio Rancho 0 - 40,000
North Valley/I-25 40,000 - 70,000
North Valley/I-25 70,000 - 100,000
NW/Rio Rancho 40,000 - 70,000
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National Office Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Office Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
117. Fort Collins, CO 18.2%
118. Oakland-East Bay, CA 18.3%
119. San Antonio, TX 18.4%
120. Chicago, IL 18.5%
121. Columbia, SC 18.5%
122. Albuquerque, NM 18.6%
123. Baton Rouge, LA 18.7%
124. Orlando, FL 18.8%
125. St. Louis, MO 18.8%
126. Biloxi-Gulfport, MS 18.9%
127. Bremerton-Silverdale, WA 19.0%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Albuquerque 1.2% 1,810 bps 0.3%
West Region 0.3% 1,778 bps 0.6%
United States 0.6% 1,704 bps 0.9%

Metro vs. Region 0.9% 32 bps -0.3%
Metro vs. US 0.6% 106 bps -0.6%