Peterson launches renovation of historic Simms Building
Damon Scott
Reporter-
Albuquerque Business First
Peterson Properties bought downtown Albuquerque’s iconic Simms Building in February for $1.75 million and has launched a $5 million renovation.
The 13-story office building at 400 Gold SW is about 60 years old and has not undergone any significant renovations or upgrades until now.
Doug H. Peterson, principal at Peterson Properties, said the family-run company has never taken on a project like Simms.
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