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STC.UNM has signed two new agreements that could bring several new technologies, from new biotech to new pesticides, to market.
The new agreements, with Accelera Diagnostics and EcoPesticides, have the potential to use technology developed at UNM and create several new companies.
STC.UNM and EcoPesticides International announced Wednesday that the two have signed a new licensing agreement that could bring technology worth $5 billion to the pesticide market. The new technology is an alternative to a chemical pesticides and uses bacteria that can infect specific insects.
EcoPesticides is currently in its Series A fundraising round and is pursuing patents in other countries, as well as finalizing a major research effort in Africa supported by the Bill and Melinda Gates Foundation.
EcoPesticides President and CEO Les Stewart said, “There is a growing recognition that some chemical pesticides potentially do more harm than good. What is exciting about our technology is that it enables potentially widespread use of microbial pesticides and facilitates the targeting of pests, while minimizing exposure to non-target insects.”
The agreement with Accelera, which is a spinoff of Sunbelt Technologies, is for 21 new technologies that include compounds for new drugs, devices, and new analysis methods. The technologies were developed by several researchers from UNM, and Accelera, a venture capital firm, will develop them.
“Today marks the beginning of a great relationship between Sunbelt Technologies and the Center for Molecular Discovery at UNM,” said Sunbelt Technologies founder and managing member Andy Pham. “Their highly regarded portfolio is a prime example of dedicated university researchers and scientists developing cutting edge medical technologies, and partnering with the private sector to not only realize their vision and generate profits, but importantly, to save lives as well.”
By: Dan Mayfield (Albuquerque Business First)
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The Santa Fe Southern Railway will be back on track with a new luxury train service — including a gourmet dining car and a party parlor — by the end of August. (Take a peek inside the cars in our accompanying slideshow.)
The SFSR, which has not run its excursion service from Santa Fe for about 18 months, has signed a deal with X Train Holdings (OTCQB: XTRN), which is part of Las Vegas Railway Express Inc., to bring the company’s new luxury train travel to Santa Fe for excursion services.
“What they’re planning to do is something that’s never be done, a fine luxury service in Santa Fe. We never had the financial resources to do it the way we wanted, and we certainly never had the resources to offer the luxury services,” said Karl Ziebarth, chairman and CEO of the SFSR board.
The Santa Fe Southern Railway is a short line railroad in New Mexico. It carries passengers and freight between Lamy and Santa Fe, a distance of 18.1 miles. The railroad was featured recently in the AMC TV series “Breaking Bad” in season five.
By the end of the week, the Santa Fe Southern Railway expects to have a fleet of the fancy new railcars to add to its trains, which start rolling in August.
The SFSR, Ziebarth said, has retained freight and passenger rights. It will run the trains. Two or three X Train cars will join the company’s vintage open-air cars on the excursions.
“We are very pleased to be working with SFSR to see this historic rail service dating back to 1881 reinstated,” said Brian Harrington, vice president business development, for X Train Holdings. “We view this agreement with pride as we operate our plan to grow our affiliated businesses by adding value and strength from the X Train brand.”
X Train had planned on operating a luxury train from Los Angeles to Las Vegas, but those plans fell through, the company said.
The trains will travel “fast enough to get you there, but not so fast that you spill your wine,” Ziebarth said.
The cost for a ride has not been finalized, Ziebarth said, but it would include dinner, drinks and the ride.
“Right now, we’re training and qualifying crews. We still have some hurdles to overcome,” he said. “We hope to get fired up in three to four weeks.”
By: Dan Mayfield (Albuquerque Business First)
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Thanks to all of the brokers, sponsors and guests who attended the July 2014 CCIM Deal Making Session. Over 20 million dollars of commercial real estate properties available for sale were presented from all over New Mexico.

1.		Anne Apicella		1403 Hwy 313		$365,000
2.		Coralee Quintana, MBA		4614 Central Ave		$1,900,000
3.		Sean McMullen, CCIM		6601 Zuni		$280,000
4.		Carlos Garcia, Rich Diller, CCIM, SIOR, & Shelly Branscom		1509 Paseo Del Pueblo Sur		$1,200,000
				2504 & 2504B Camino Entrada		$4,400,000
5.		Carlos Garcia, Rich Diller, CCIM, SIOR, & Shelly Branscom		1400 Sudderth Dr		$969,000
				2503 & 2505 Ridge Runner		$670,000
6.		Carlos Garcia, Rich Diller, CCIM, SIOR, & Shelly Branscom		121 Townsgate Plaza		$1,375,000
				1110 High Street		$525,000
7.		Anne Apicella		4920 Corrales Rd		$425,000
8.		Steven Kraemer		7551 Bluewater Rd		$2,450,000
9.		Grant Stockdale		3405 Broadway		$1,390,000
10.		Glenn Wright		1600 E. 20th Street		$1,320,000
11.		Glenn Wright		1515 Golf Course Rd		$1,400,000
12.		Steven Kraemer		290 Dinosaur		$1,425,000

What’s next for the City of Vision?

The Society for Marketing Professional Services’ New Mexico chapter is hosting an event that asks that question. Topics include opportunities for construction, architecture and engineering and the prospect for future anchor tenants.

Matthew Geisel, the business relations and conventions and visitors bureau manager for Rio Rancho, along with Scott Sensanbaugher, the city’s director of public works are scheduled to speak.

There are a couple big commercial projects going on in Rio Rancho right now.

La Vida Llena is in the midst of building a new $50 million continuing care retirement community with more than 200 units on 12 acres in the Loma Colorado community. And Presbyterian is building an $80 million six-story patient tower with 120 beds and eventually a 21,500-square-foot cancer center at Rust Medical Center.

There are other smaller but nonetheless significant projects too, like developerJeanie Springer-Knight’s Unser Pavilion. And on the edge of the city there is, HME Specialists’ new 37,000-square-foot building on 3.5 acres at the southwest corner of Golf Course Road and Westside Boulevard.

The city has taken some hits too, with Hewlett-Packard doing some “job shuffling,” at its call center, going from about 1,350 jobs to 800. Speculation about Intel’s future has been a focus lately too.

The event takes place July 15 from 11:30 a.m. to 1 p.m. at Seasons Rotisserie & Grill, located at 2031 Mountain Road NW in Albuquerque. Contact Kate Potter of Contract Associates by phone at (505) 881-8070 or via email at katep@contractassociatesnm.com for registration options.

By: Damon Scott (Albuquerque Business First)

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