Local and regional economists continue to describe the marketplace in Southern New Mexico as “struggling” or “sluggish”; while avoiding the “r” word.  Regardless of the political uncertainty that inhibits investing, commerce continues and businesses are attempting to find opportunities.  The following transactions were facilitated by NAI 1st Valley in the first quarter of 2016.

William Shattuck CCIM, CBI represented both sides of the sale of an industrial property on McCann Road in Deming.  The 46,700 square foot building located on 76 acres will be used by a local business.

Walter Skowronski SIOR and Gil Jones represented the seller of a 7,000 square foot industrial building on 20+ acres at 700 Amador.  The seller was a firm specializing in the disposition of excess railroad properties and the buyer was a local business person.

David Ikard and William Shattuck CCIM, CBI represented the buyer of a 5,000 square foot building on four lots totaling 1.95 acres zoned Commercial in Las Cruces.

Jacob Slavec, Randy McMillan CCIM SIOR and Walter Skowronski SIOR assisted a long term client from San Francisco in the purchase of an income property.  The property was owned by a group of investors that included a broker at NAI 1st Valley.

Walter Skowronski SIOR and Gil Jones represented the landlord on a lease at Loretto Town Center to Gentiva.  The tenant was represented by an out of town commercial broker.

Walter Skowronski SIOR and Gil Jones represented the seller in the sale of 6+ acres behind Golden Mesa just off Roadrunner to a buyer represented by a broker from Arizona.

Jacob Slavec represented the buyer and Roz Frederich represented the seller in the disposition of a commercial lot on Picacho drive.  The buyer was a local investor.

Jacob Slavec also represented Franco Whole Foods as they extended a lease on a Biad Farms property on Highway 478.

Luke Ikard represented the seller and David Ikard represented the buyer of a 6.5+ acre parcel on Bataan Memorial.  The seller was a foreign bank and the buyer was a local business.

Jake Redfearn represented buyer and seller in the transfer of the former Golden Corral in Alamogordo.  The seller was an investor in California and the buyer is St. Clair Winery of Deming and Las Cruces.

Jake also represented US Bank, the landlord; and Walter Skowronski represented Noble & Vrapi, P.A. a tenant taking space in the US Bank building on Amador.

Jacob Slavec represented landlord and tenant as Taylor Metro expanded their lease with Ocotillo Partners in the “Taylor Metro” building on Entrada del Sol.

Bill Shattuck CCIM, CBI represented the seller and Walter Skowronski represented the buyer of a commercial property at 2500 S. Solano.

Walter Skowronski SIOR and a broker from California represented the seller of the former Land o’ Lakes egg farm in Berino – a 249 acre property with Agricultural buildings, water rights, and wells.  The buyer was a multi-national investor group represented by Randy McMillan CCIM, SIOR.

David Ikard represented the seller and Luke Ikard represented the buyer of the former gas station at Valley and Amador.  The seller was a regional bank and the buyer is a local investor.

A local investor purchased two retail lots on Northrise from a local developer.  Walter Skowronski SIOR and Randy McMillan CCIM, SIOR represented the seller and David Ikard represented the buyer.