CARNM

CARNM
The Premier Choice for Commercial Real Estate in New Mexico

Las Cruces Commercial Real Estate News

Valley Cold Storage Breaks Ground on Santa Teresa Warehouse

Work is under way on a new refrigerated warehouse in Santa Teresa that is under construction by a Las Cruces cold storage company. Valley Cold Storage & Transportation provides refrigerated warehousing and distribution for southern New Mexico’s agriculture businesses. The company announced last summer that it would build a $13.7 million, 105,000-square-foot cold storage facility at […]

Read more »


Company Building New Amador Project Will Also Create Retail Center on Telshor

New Retail Development in Las Cruces LAS CRUCES – The Las Cruces City Council’s approval Monday of a conveyance of a 16.57-acre former golf driving range, at 2834 N. Telshor Blvd., means a significant downtown redevelopment project, including retail, can proceed. The council’s 7-0 vote during Monday’s council meeting allows GMB Investments Inc., of El Paso, to proceed […]

Read more »


Keeping Santa Teresa Port Running Smoothly

New Mexico’s exports to Mexico appear to be headed for a record year. The vast majority of that southbound commerce moves through the Port of Santa Teresa, headed by U.S. Customs and Border Protection Port Director Ray Provencio. Provencio, who has roots in southern New Mexico, took the port reins in 2013. He has overseen […]

Read more »


New Mexico Ranks High in Clean Technology Report

In a new report measuring states’ clean technology, New Mexico ranked high, just missing the top 10. In Clean Edge’s new U.S Clean Tech Leadership Index, which ranked states on how much clean electricity they generate, New Mexico ranked 13th. When it comes to utility-scale solar electricity generation, New Mexico was eight in the nation. […]

Read more »


Stewart Title Economist on New Mexico: “This is a Strong Sustainable Recovery”

Ted Jones, chief economist with Stewart Title, says he’s not a feel-good economist. Jones travels around the country giving presentations on the national economy. He’s known for his southern accent, his sense of humor and peppering his speeches on the economy with phrases like, “let’s tell it like it is.” Jones was in Rio Rancho […]

Read more »


NMSU High-Tech Industrial Park Poised for Takeoff

ALBUQUERQUE, N.M. — New Mexico State University is putting the final touches on a new master plan to develop a high-tech industrial hub on the southern end of campus. The plan calls for building three industry clusters in healthcare, aerospace and digital media at the Arrowhead Research Park — a 175-acre swath of land on […]

Read more »


BLM Extends Comment Period on Land-Use Rule

WASHINGTON, D.C. – In response to requests from the public, the U.S. Bureau of Land Management announced Thursday it has extended the comment period on a proposed land-use planning rule by 30 days. “The proposed rule aims to improve the planning process by making it more collaborative, transparent, and effective,” a BLM news release states. The comment period will […]

Read more »


Winds of Trade Blow Strong in Southern NM

SANTA TERESA – The economic potential for New Mexico in U.S.-Mexico trade can be summed up in a wind blade. Manufactured in Ciudad Juárez by Arizona-based TPI Composites Inc., trucked over the border at Santa Teresa, stored on a lot in the Santa Teresa industrial zone, loaded by a New Mexico crane company onto rail, […]

Read more »


New Downtown Development Code Under Consideration

Development document set to go before planning and zoning board in April. LAS CRUCES – The city of Las Cruces is proposing a new development code that officials say would be another big step in downtown revitalization. City staff reviewed the proposed “form-based” development code, which would cover downtown Las Cruces, on Monday during a city council […]

Read more »


Real Estate Execs Explain Why New Mexico Should Pursue ‘Enterprise Zones’

A state lawmaker last week introduced legislation that would change the state constitution to allow counties to limit property taxes within so-called “enterprise zones.” New Mexico currently doesn’t allow enterprise zones, a designation used in many states to provide incentives for new developments in blighted and urban areas. Local developers and real estate executives say […]

Read more »


Events/Announcements

News Archives