David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: New Mexico - NM
Work to Start Next Month on $150Mln Retail Project in Albuquerque, N.M.
KRQE News SimonCRE is planning to start work next month on Lobo Crossing, a 363,000-square-foot shopping center in Albuquerque, N.M. The Scottsdale, Ariz., developer is building the retail property on a 38-acre site at the northeast corner of Interstate 25 and ...
Ashford Hospitality Sells Santa Fe, N.M., Hotel for $57.5Mln
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust has sold La Posada de Santa Fe, a 157-room hotel in Santa Fe, N.M., for $57.5 million, or $366,242/room. The buyer is a limited liability company called Abo Sada, an affiliate ...
New Mexico Retail Property Sells for $16.7Mln
Odeh Investments has paid $16.7 million, or $151/sf, for the 110,593-square-foot Zecca Plaza retail property in Gallup, N.M., near the Arizona border and midway between Flagstaff, Ariz., and Albuquerque, N.M. The San Diego-area investor bought the property from Rhino Investments ...
126-Room Hotel in Albuquerque, N.M., Trades Hands
HotelManagement.com Sun Capital Hotels has bought the 126-room Hyatt Place Albuquerque/Uptown hotel in Albuquerque, N.M. Hunter Hotel Advisors brokered the deal. The six-story property, at 6901 Arvada Ave. NE, was built in 1997 and renovated in 2008. It has an ...
244-Unit Apartment Property Planned for Santa Fe, N.M.
REBusiness Online Aberg Property Co. is planning to build Zia Flats, a 244-unit apartment property in Santa Fe, N.M. The Dallas developer is constructing the property at the northeast corner of St. Francis Drive and Zia Road, about three miles ...
Cottonwood Mall in Albuquerque, N.M., Sees Drop in Appraised Value
Commercial Real Estate Direct Staff Report Cottonwood Mall in Albuquerque, N.M., whose mortgage financing has been in special servicing for nearly four years, had its appraised value reduced to $90 million. In addition, a $4.7 million appraisal reduction amount, or ...
Pavilions at San Mateo
It is 92% leased and anchored by a Walmart Neighborhood Market, which takes 36,926 sf. Other tenants include Shoe Dept., which leases 15,839 sf; Dollar Tree, in 10,000 sf; and Old Navy, in 15,210 sf.
Rhino Investments Pays $24.85Mln for Albuquerque, N.M., Retail Property
Rhino Investments Group has paid $24.85 million, or just more than $167/sf, for the 148,749-square-foot Pavilions at San Mateo retail property in Albuquerque, N.M. The Henderson, Nev., investor led by Sanjiv Chopra, who previously had founded the Fitness Evolution chain ...
2200 East Lohman Ave.
Mimco has bought the 67,000-square-foot shopping center at 2200 East Lohman Ave. in Las Cruces, N.M. The El Paso, Texas, real estate investment firm also purchased a nearby 7,000-sf Texas Roadhouse restaurant. The seller was a venture of three San ...
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