State: New Mexico - NM

February 9, 2005 Crescent Real Estate Equities Co. (NYSE:CEI) has sold Albuquerque Plaza, a 366,236 square-foot office property in downtown Albuquerque, N.M. The sale generated proceeds of $34.7 million, which were used to pay down secured debt. The deal is ...

December 30, 2004 Evergreen Development LLC has purchased an apartment building near New Mexico State University from Las Cruces Apartment Co. for $19.15 million. The Pasadena, Calif., company acquired the property on behalf of investors who were structuring 1031 tax-deferred ...

November 30, 2004 New Mexico Business Weekly Daniel Newman, principal of Newman Agency Inc., has decided to throw his lot in with CB Richard Ellis' Albuquerque office. He brings with him 21 office properties he is leasing and seven he ...

November 30, 2004 Colonial Properties Trust (NYSE:CLP) is forming a venture with DRA Advisors to buy 16 multifamily properties in Albuquerque, Phoenix, Tucson and Las Vegas.The Birmingham, Ala., based-REIT will own a 20 percent interest in the venture and will ...

November 22, 2004 New Mexico Business WeeklyKeebler is moving its Albuquerque distribution facility to an industrial building being developed by Brunacini Development in the Meridian industrial park on the Westside. The 100,000-square-foot building will break ground early next year. Keebler ...

November 16, 2004 El Paso TimesMonarch Litho Inc. has broken ground on a high-tech printing plant in Santa Teresa, N.M. The Montebello, Calif., company plans to complete the project within 12 months. It will initially invest up to $16 million ...

November 9, 2004 New Mexico Business WeeklyOfficials in Rio Rancho, N.M., are finalizing plans for a $100 million-plus downtown entertainment district. The project would include a new City Hall, multi-screen movie theater complex and a $41 million dollar arena for ...

November 5, 2004 The Albuquerque JournalSmith's Food & Drug Stores is planning a new 57,000-square-foot grocery store in Albuquerque, N.M. The store will be located on the city's West Side at Golf Course Road and McMahon/Ellison, just south of the ...