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Colliers in the News: NM brokers, developers grapple with shifting retail landscape

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ALBUQUERQUE, N.M. — More than eight months since the COVID-19 pandemic reached New Mexico, Albuquerque’s retail scene has fared better than many markets, but there are still plenty of lingering question marks.

Local developers and brokers agree the pandemic has accelerated existing trends among restaurants, big-box stores and other retail sectors, forcing businesses to adapt to changing conditions. And some of these changes may be here to stay even after the pandemic abates.

“You’re either going to be a part of the change, accept it, welcome it and embrace it, or you’re going to run from it, and deny it,” said Bob Feinberg, senior vice president with Colliers International in Albuquerque.

Read the full article at the Albuquerque Journal. 


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Bob Feinberg

Senior Vice President & Principal | Albuquerque

Albuquerque

Bob Feinberg Senior Vice President/Principal Colliers International Albuquerque, NM Building on his 30 years of commercial real estate experience, Bob Feinberg has earned an impressive portfolio of successful national and multi-market retail real estate transactions. His expertise in national retail representation is a key force behind many of Albuquerque and New Mexico’s retail placements.

Over the last few years Bob has been connecting the retail dots with the industrial business. Understanding and grasping the "bones" of logistics and mending that knowledge with his experience in retail has opened up even a wider-world of real estate expertise.

Bob’s early successes include the representations for the first three Albuquerque Walmart Supercenters which were anchors for his successful leasing efforts of Towne Park Plaza a 50-acre Power Center, Sycamore Plaza a 26-acre neighborhood center, and a 14-acre Walmart Supercenter which was formerly a renowned New Mexico Chevrolet dealership. Concurrent to these benchmark shopping centers, Bob brought Home Depot and Lowe’s Home Improvement Centers to New Mexico. Additionally, Bob maintains a wide tenant representation list including Dick’s Sporting Goods, Dave & Buster’s, DSW, Staples, CVS, Guitar Center, Albertsons, Harbor Freight Tools, Burlington, Chick-Fil-A, Panera Bread, Uncle Julio’s, Chuze Fitness and many more. Bob brings his extensive retail industry experience and passion to every transaction. No matter how demanding the situation, He succeeds in producing successful outcomes for his clients. By using his extensive experience and wide network of contacts, Bob creates and delivers innovative solutions. His dedication to building strong relationships is evident to his clients, both landlords and tenants. Bob works to ensure the right fit by identifying qualified tenants, the right terms with his market insights and the best possible outcome for all parties. Every time.

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