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Archives for October 2013

October 2013 Commercial Market Trends

October 21, 2013 by mcarristo

October 2013 Commercial Market Trends

View a New Mexico Market Trends Summary Report, which includes current statistics for various property types including industrial, office, retail, shopping center, vacant land, farm/ranch, hospitality and multi-family.  This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square feet available.

Disclaimer: All statistics have been gathered from user-loaded listings and user-reported transactions.  We have not verified accuracy and make no guarantees.  By using the information, the user acknowledges that the data may contain errors or other nonconformities.  Brokers should diligently and independently verify the specifics of the information you are using.

Filed Under: Market Trends

Register for Real Estate Development Course

October 17, 2013 by mcarristo

October 17, 2013
8:00 a.m. – 5:00 p.m.
Instructor:  Robin Dyche CCIM, Herb Denish, Tim Cummins & Lawrence Rael
Location:  State Bar of New Mexico
Print flyer or register online 
This course will be an overview of the real estate development process, which will help participants to understand the barriers and benefits of real estate development.

Filed Under: All News

SpaceX rocket could see first Spaceport America launch in December

October 16, 2013 by mcarristo

LAS CRUCES – A SpaceX rocket could have its first test flight from Spaceport America by the end of the year, the CEO of the company said Wednesday during a yearly space conference in Las Cruces.
The launch could happen around late December, said Gwynne Shotwell, president and CEO of SpaceX, one of the biggest names in the emerging commercial space industry.
Until now, the vehicle — dubbed Grasshopper — has been in development at a facility in McGregor, Texas. But the company is limited in what it can do there.
At Spaceport America, the reusable rocket will fly to a much higher altitude, traveling at higher speeds, Shotwell said.
“You just can’t do that at that particular location in Texas,” she said.
In May, New Mexico officials announced a three-year agreement to lease land and facilities at Spaceport America to SpaceX for the project.
The Grasshopper rocket had its final Texas test flight earlier this month. Shotwell showed a video clip of that launch during a presentation to attendees at the International Symposium for Personal and Commercial Spaceflight. The footage drew a round of applause from the audience.
Typically, a launching rocket burns up in the atmosphere, but SpaceX’s 10-story rocket is being designed to launch, fly and then land near its launch pad.
Shotwell said the company selected New Mexico’s spaceport for launches partly “because the business environment was very good for us to come here.”
“They did a lot of work and were really accommodating to bring us here,” she said.
Also, Shotwell said, the “way the land is laid out and the population”
give “the ability to do all sorts of really extraordinary testing that you can’t really do in many other locations.”
Shotwell said about 25 of SpaceX’s more than 3,000 employees will be based at New Mexico, temporarily, for the start of the project’s work at the spaceport.
Asked by a reporter whether the launch would be open to the media, Shotwell she didn’t immediately know. But she said it would be noticeable, either way.
“You’ll see it,” she said emphatically.
The conference got underway in earnest Wednesday after a kick-off community luncheon a day earlier. Investors, executives from spaceflight companies, some technical experts and space enthusiasts all roamed the meeting rooms and halls of the New Mexico Farm & Ranch Heritage Museum in southeast Las Cruces.
Clayton Mowry, president of Arianespace Inc., described the event as “hand-crafted.” He said it’s a “different kind of conference in a lot of ways.”
“There’s lots of things I can learn here,” said Mowry, whose company has been in the launch business for about 30 years.
Mowry said Arianespace launches mainly communications satellites.
The federal shutdown kept at least two scheduled speakers from the lineup Tuesday. Bill Gertsenmaier, NASA associate administrator for human explorations and operations, didn’t present, as previously was planned. Organizers had to adjust the schedule.
Symposium Chair Patricia Hynes said about 230 people attended Tuesday. In a news release, Hynes said “attendance numbers this year have not been significantly affected by the shutdown,” evidence that the commercial space industry is becoming more robust and not relying only on the government for support.
Alan Hale of Cloudcroft, co-discoverer of Hale-Bopp Comet, was among attendees. He said he was involved in a group including the late aerospace advocate Len Sugerman of Las Cruces that first proposed the idea of a spaceport for southern New Mexico. ISPCS attracts space businesses to visit New Mexico, which is beneficial, he said.
“We’re at the center of a new industry,” he said.
By: Diana Alba Soular (Las Cruces Sun-News)
Click here for source article.

Filed Under: All News

New Mexico Economic Develpment Honored by International Council

October 8, 2013 by mcarristo

Four New Mexico economic development experts have been honored for their work in the field by the International Economic Development Council at the organization’s annual conference in Philadelphia.
Mark Lautman, owner of Lautman Economic Architecture, was awarded Fellow Member status with “unusual stature,” the IEDC said in a news release.
“The term ‘unusual stature’ characterizes a member’s substantial contributions to the profession through service to IEDC and/or academic ventures directly related to the practice of economic development,” said IEDC Chair Paul Krutko. “Mr. Lautman serves as a premier example of one who has made just such contributions and we are proud to have bestowed Fellow Member status upon him.”
Noreen Scott, director of the Rio Rancho Economic Development Corp., and Linda Kay Jones of Silver City were elected as Fellows to the IEDC, Lautman said in a telephone interview.
Rio Rancho resident Jack Allston, a member of the Albuquerque-based Community Economics Lab, was elected as an honorary life member to the IEDC, and CELab member Jim Kinnett of Indiana was also named an IEDC Fellow, Lautman said.
During his 30-year career, Lautman has designed and managed economic development programs in Grants, Rio Rancho, Santa Teresa and Mesa del Sol.
Lautman, a 1971 graduate of the University of New Mexico, and a former Peace Corps volunteer, is the author of “When the Boomers Bail,” a book that describes the changing economic development game.
“It is always great when your peers honor you,” Lautman told Albuquerque Business First. “I’ve been spending most of the past 10 years trying to move the profession more towards tackling the workforce issues that are going to drive the economic development business in the future.”
By Dennis Domrzalski (Albuquerque Business First)
Click here to view source article.

Filed Under: All News

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