ALBUQUERQUE, NM-Grubb & Ellis|New Mexico has placed PNM Resource's leased office campus called Alvarado Square at 415 Silver Ave. SW on the market for sale. Grubb & Ellis' Keith Bandoni, John Ransom and Tim With are marketing the property. The asking price for the campus spanning 250,000 square feet is $11.1 million or $45 per square foot.
Hunter Keith Industries' affiliate Albuquerque Plaza Associates LP is the seller of the property. PNM decides to sell the property as it is consolidating its operations in Albuquerque. For the full story, go to New Mexico Business Weekly .
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