View the Q2 2026 NAR Albuquerque, NM Commercial Real Estate Metro Market Report. Highlights include:
- Demand for office space is weaker than nationwide as this area has a slower absorption of office space. As a result, rents rose slower than nationwide. However, vacancy rate is lower in this area.
- Demand for industrial space is stronger than nationwide as this area has a faster absorption of industrial space. Despite strong conditions, rent prices rose slower than nationwide. However, vacancy rate is lower in this area.
- Demand for retail space is stronger than nationwide as this area has a faster absorption of retail space. Despite strong conditions, rent prices rose slower than nationwide. However, vacancy rate is lower in this area.
- Demand for multifamily space is weaker than nationwide as this area has a slower absorption of multifamily space. As a result, rents rose slower than nationwide and vacancy rate is higher in this area.
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Copyright ©2026 “Commercial Metro Market Reports.” NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. Reprinted with permission. August 19, 2026, https://www.nar.realtor/research-and-statistics/research-reports/commercial-real-estate-metro-market-reports
