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ABQ's available industrial space hits 'historic low'


Copyright © 2021 Albuquerque Journal
If you’re running a company that’s looking for a large, move-in ready warehouse in Albuquerque, you may be out of luck.
Albuquerque’s already low industrial vacancy rate dipped below 2% during the second quarter of 2021, which represents a new record low for the market.
An industrial building near Coors and Bluewater NW in Albuquerque. Albuquerque posted a vacancy rate of 1.71% in the second quarter of 2021, which industrial real estate experts say is a historic low. (Mike Sandoval/For The Journal)
According to a market report from real estate firm NAI SunVista published earlier this week, the vacancy rate for industrial space in metro Albuquerque stood at 1.98% in June, down from 2.29% a quarter prior. Just over 775,000 square feet of industrial space was available across the entire city, according to the report. ....

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The strategic value of a strategic plan

The strategic value of a strategic plan
abqjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abqjournal.com Daily Mail and Mail on Sunday newspapers.

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Albuquerque Economic Development: New Mexico is Home to Some of the Lowest Renewable Energy Costs in the U.S.


Albuquerque Economic Development: New Mexico is Home to Some of the Lowest Renewable Energy Costs in the U.S.
January 11, 2021 17:30 ET
| Source:
Albuquerque Economic Development
Albuquerque Economic Development
Albuquerque, New Mexico, UNITED STATES
Albuquerque, NM, Jan. 11, 2021 (GLOBE NEWSWIRE) As businesses explore options for expansion in the new year, one important factor keeps rising to the top of the list – low-cost renewable energy. Hundreds of companies have already committed to an aggressive shift to utilize only renewable energy; others are quickly following suit. According to the RE100’s 2020 annual report, 75 percent of member companies are looking to go 100 percent renewable by 2030. For many others, they are looking for renewable energy options that are both good for business and the environment. ....

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