Anasazi building begins ground-floor retail leasing
Damon ScottReporter-
Albuquerque Business First
Downtown Albuquerque’s nine-story Anasazi high-rise has begun leasing for what will be its first floor retail spaces.
Albuquerque’s Roger Cox & Associates is the broker and building manager for Scottsdale, Ariz.-based developer PEM Real Estate Group. PEM acquired the 87,000-square-foot building earlier this year for an undisclosed amount.
Roger Cox is marketing retail spaces from 1,189 to 9,038 square feet at leasing ranges of $15 to $22 per square foot.
There are street-level storefronts available on both the Central Avenue and Sixth Street sides of the building with on-street and adjacent customer parking options, according to Roger Cox.
PEM plans to begin remodeling the exterior and to rehabilitate the second floor for parking sometime this year, a spokeswoman for Albuquerque Mayor Richard J. Berry’s office has said. No additional plans for the building have been released.
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