Joseph M CRE

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Joseph M CRE Commercial Real Estate Broker with Berkshire Hathaway New Mexico Commercial Real Estate.

🏙️ Big news for downtown Albuquerque — and a landmark moment for adaptive reuse in the Southwest.The former Wells Fargo ...
05/15/2026

🏙️ Big news for downtown Albuquerque — and a landmark moment for adaptive reuse in the Southwest.

The former Wells Fargo Tower at 200 Lomas Blvd. is being transformed into Lomas Tower: a $50–$65M mixed-use development with 100 affordable housing units, ground-floor retail, and a projected late 2027 opening.

Here's what makes this deal stand out:
🏦 $35M county revenue bond
🏛️ $10M from NM's 2026 affordable housing budget
🏙️ $5M city contribution
🏠 50 units reserved for households ≤50% AMI | 50 units ≤70% AMI

This is what smart public-private capital looks like in action — turning vacant office space into a community asset.

We're watching this project closely. The adjacent parking lot is already being evaluated for its next phase: hotel, housing, or office. The ripple effects on the downtown corridor are just beginning.

👉 Want to know what moves like this mean for your investment strategy? Visit our website to learn more.

🏔️ JUST LISTED | Albuquerque, NM — The #2 Busiest Intersection in the StateRarely does a commercial real estate opportu...
05/15/2026

🏔️ JUST LISTED | Albuquerque, NM — The #2 Busiest Intersection in the State

Rarely does a commercial real estate opportunity of this depth come to market in New Mexico.

This exclusive two parcel portfolio controls the entirety of the Montgomery & San Mateo hard corner — one of the highest vehicle-per-day intersections in the state (75,000–80,000 VPD) — and it is available now, fully leased, generating income from day one.

📌 THE PORTFOLIO AT A GLANCE:

🏢 4340 San Mateo Blvd NE — 14,454 SF
→ Tenant: CVS Pharmacy (Corporate Guarantee)
→ Lease: Absolute NNN through November 2033
→ Annual Rent: $361,796 | Status: Dark, Rent Paying
→ Opportunity: Buyout negotiation or sublease — two layers of upside

🏪 5260 Montgomery Blvd NE — 1,650 SF
→ Tenant: In & Out MVD
→ Lease: Brand-New 5-Year NNN + 3% Annual Escalations
→ Annual Rent: $32,175 | Personally Guaranteed

📊 TRADE AREA FUNDAMENTALS:
• 300,035 residents within 5 miles (2025)
• Average household income: $88,000
• Monument signage on both arterials

This is a true institutional-grade asset — ideal for a net lease investor, 1031 exchange buyer, owner-user, or redevelopment group seeking a rare Albuquerque assemblage.

📩 Request the Offering Memorandum — DM us or comment ALBUQUERQUE below and we'll send it directly.

Good morning, Duke City! ☀️🚴Albuquerque's craft b**r scene is officially ranked #4 in the country — and with perfect sp...
05/12/2026

Good morning, Duke City! ☀️🚴

Albuquerque's craft b**r scene is officially ranked #4 in the country — and with perfect spring temps and open trails, there's no better time to explore it on two wheels. Here are three ways to do exactly that:

🚴 Bike & Brew Tour — Every Sunday, 1–5 PM
Guided rides to 3+ local breweries with VIP master brewer tours, 12+ b**r tastings, appetizers, and exclusive goodies. $125 all-inclusive, departing from Old Town. Their Father's Day edition on June 21st is already worth planning ahead for.
→ routesrentals.com | (505) 933-5667

🎉 Duke City Pedaler — Sawmill Pub Crawl
A pedal-powered party ride through the Sawmill District — Fridays, Saturdays, and Sundays from just $29/person. Private bookings available, making it a great option for team events or client outings. Runs through October.
→ tourabq.com/page/dukecitypedaler

🍻 Brews Cruise ABQ — May 30th
Bike Month's big finale! A free group ride from La Cumbre Brewing along the North Diversion Channel Trail, followed by post-ride b**rs and a Block Party + Bike Fair at noon in the Makers District. Donate $35 to score 2 b**rs + an official shirt. Bonus: complete the Bike Passport Challenge by visiting 20 local breweries on two wheels and win prizes at the finish line.
→ Register: bikesignup.com

ABQ is one of the most exciting cities to be outside in right now — and neighborhoods like Sawmill and the Brewery District are a big reason why. Tag a friend you'd ride with this weekend! 👇





12/24/2025

The Church Street market in Edgewood, New Mexico, business and property for sale!

$1,000,000
505-633-3335
[email protected]
Bizre505.com

12/23/2025

Commercial Term Tuesday!
A NNN lease structure will commonly include expenses such as taxes, insurance and CAM (common area maintenance) that the tenant is responsible for paying. Allways confirm what’s included in the CAM expenses as these are always different for each property!

Contact me for more details!

505-633-3335
Bizre505.com
[email protected]

This Turn key auto shop is centrally located in Albuquerque, New Mexico.  Minutes from Downtown and Interstate 40. Al...
12/21/2025

This Turn key auto shop is centrally located in Albuquerque, New Mexico.  Minutes from Downtown and Interstate 40. All furniture, fixtures and equipment are also available for purchase! Contact me today to set a time to see it in person.

505-633-3335
Bizre505.com
[email protected]

12/17/2025

Shooting tour video for the Church Street Market Place in Edgewood New Mexico!
Turnkey Investment Property!

Call for more info!

505-633-3335
Bizre505.com
[email protected]

12/16/2025

Today’s commercial term is TI, this stands for Tenant improvements and it is a term that can be negotiated in commercial leases. Many owners offer some Tenant improvements to help your business run successfully. It’s something you should inquire about when leasing a new space for your business.

Contact me today to learn more !

505-633-3335
[email protected]
Bizre505.com

12/15/2025

This previous art gallery is 3500 ft on 1/3 acre lot, zoned MXL, minutes from downtown Albuquerque with a beautiful enchanting courtyard.

Call me today to schedule a tour!

505-633-3335
Bizre505.com
[email protected]

Retail space for Sale $549,000This previous art gallery is 3500 ft on 1/3 acre lot, zoned MXL, minutes from downtown Alb...
12/13/2025

Retail space for Sale $549,000

This previous art gallery is 3500 ft on 1/3 acre lot, zoned MXL, minutes from downtown Albuquerque with a beautiful enchanting courtyard.

Call me today to schedule a tour!

505-633-3335
Bizre505.com
[email protected]

Address

Albuquerque, NM
87101–87125, 87131, 87151, 87153, 87154, 87158, 87174, 87176, 87181, 87184, 87

Telephone

+15056333335

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