The former home of Macaroni Grill has found a new tenant.
Fidelity Investments, a financial services firm, will take over the out-parcel site at 2100 Louisiana Blvd. NE. in the Winrock Town Center. The restaurant was torn down this past summer after sitting vacant for years following a fire in 2019. The new building will measure in at 8,000 square feet and is being constructed by Hart Construction and Modulus Architects.
Construction began in June and is expected to be completed in Q1 2024. Goodman Realty Group, who owns the property, did not disclose the tenant but a recent LoopNet listing shows Fidelity as the tenant and details the terms of its 10-year lease. The listing, by Faris Lee Investments, advertises the opportunity to acquire the fee simple interest on the new tenant property, occupied by Fidelity.
When asked about the location, a Fidelity representative provided the following statement to Albuquerque Business First:
“For more than 15 years, Fidelity has been proud to serve the Albuquerque community at our local Investor Center. While we have nothing to announce currently, we are committed to continually evolving how we serve clients in the area to best meet their needs. We are always evaluating our real estate portfolio based on several factors such as lease expirations and the flexibility of existing space along with future business needs.”
The firm currently has one location in New Mexico at 2261 Q St. NE, according to its website, along with a corporate headquarters at 5401 Watson Drive SE, in Mesa del Sol.