NM - Albuquerque Metro
NY - Albany (NY Capital Region)
DEMOGRAPHICS
MARKET HIGHLIGHTS
DEMOGRAPHICS
MARKET HIGHLIGHTS
Albuquerque,
NM
9,288
863,887
333,497
$65,279
313,234
6.8%
Coldwell Banker Commercial
Las Colinas
4801 Lang Ave. N.E., Suite 100
Albuquerque, NM 87109
(505) 897-7227
www.lcrealty.com
CONTACT
•;Lowes announces new Customer
Support Center in Albuquerque
- 60,000 SF, providing up to 600
new jobs.
•;Dick’s Sporting Goods is coming
to northwest Albuquerque. First
Dick’s in the market.
•;Chipotle opens in northeast
Albuquerque. First of several
locations planned for the
market.
•;Planet Fitness opens two
more locations in the ABQ /
Rio Rancho market. Plans for
additional stores in Rio Rancho
and Santa Fe.
•;Multi-Family market has several
new projects ready to break
ground, including a 240 unit
Apartment complex and a 225
unit Senior complex both on the
west side of ABQ.
•;Albuquerque Public Schools
is building a new elementary
school, new high school and
sports complex on west side,
including a new 7,000 seat
football stadium.
Albany
Schenectady-Troy, NY
•;Friendly’s closed 11 Capital
Region restaurants to help
exit Chapter 11 bankruptcy
protection.
2,817
859,707
•;SUNY Nanotech campus
constructing a 500,000 SF
NanoFab building for a coalition
of companies including Global
Foundries, IBM, Intel, Samsung
and Taiwan Semiconductor
Manufacturing Company.
358,803
$73,105
•;Trader Joes announces the
opening of its first store in the
Albany market, taking over and
renovating a former Office Max
store.
351,131
•;Butternut Beer Brewery to
acquire a 460,000 SF facility in
Cobleskill for new operations
center.
6.9%
•;Multi-Family market continues
to dominate the real estate
industry in our area with high
demands and one of the lowest
vacancy rates in the US at
around 3%.
Cohoes (ALBANY), NY 12047
(518) 785-9000
www.coldwellbankeralbany.com
CON TACT
Coldwell Banker Commercial
Prime Properties
621 Columbia St.
•;Urban, Downtown Office space
continues to be the weakest
sector with blended vacancy
rates climbing to 22.4%.
OFFICE
RETAIL
OFFICE
RETAIL
Vacancy
N
Vacancy
Q
Vacancy
P
Vacancy
Q
Absorption
N
Absorption
P
Absorption
Q
Absorption
P
Rental Rates
Q
Rental Rates
N
Rental Rates
N
Rental Rates
N
INDUSTRIAL
MULTI-FAMILY
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Vacancy
Q
Vacancy
Q
Absorption
P
Absorption
P
Absorption
P
Absorption
P
Rental Rates
N
Rental Rates
P
35 Rental Rates
N
Rental Rates
P
