Skip to main content Skip to footer

Colliers in the News: Albuquerque defense company secures new office space, plans to expand workforce

ScoSho4411The25Way_Hero_CIWeb copy

Raven Defense Corp., a homegrown company, has signed a 10-year lease and has plans for a new 25,000-square-foot office off Interstate 25 at 4411 The 25 Way NE.

Launched in 2018 by four employees who worked for Raytheon, today, Raven Defense has 17 employees and plans to add more soon.

President and CEO Chris Patscheck said he needs to more than double his team in the next several months. The firm had been awarded several contracts and in negotiation for several more, thus the need for more employees. Some of Raven Defense's work is hypersonic testing and development for the Department of Defense, Patscheck said.

Its first day in the office was Nov. 1.

"It's going to be research development and manufacturing and it'll just enable us to meet our contractual obligations," Patscheck said. "We've been at this months looking for a facility and commercial real estate market for mixed-industrial has just been absolutely challenging and terrible. ... It took a lot of time and effort but we finally got it across the goal line."

The landlord for the space at 4411 The 25 Way NE was represented by Colliers International's Shona Martinez and Scott Whitefield.

Patscheck and Raven Defense were represented by Albuquerque broker Gannon Coffman in the deal. Coffman said over his time representing Raven Defense, there were two occasions where it finished as the "bridesmaid — not the bride" for a space.

Coffman said his relationship with Raven Defense CTO and co-director Michael Robson goes back to their high school days when both played for La Cueva High School's football team. Coffman said Robson approached him looking for a new space and began the process.

Patscheck added that it will keep its first office at 4239 Balloon Fiesta Road NE. It also has a 4-acre test site across the street from its new facility. In the long-term, Patscheck said the company will look to consolidate more into 4411 The 25 Way NE.

Its current total footprint encompasses about 36,000 square feet.

Colliers International ranked No. 2 on Business First's List of New Mexico Commercial Real Estate Firms after reporting $261.99 million in commercial transaction volume in 2020.

View the full article.


Related Experts

Shona Martinez

Senior Associate Broker

Albuquerque

Shona Martinez is a passionate, motivated problem solver with a decade of experience in the real estate industry. She has completed over 500,000 square feet of lease transactions and sales in New Mexico, valuing over $160 million. She has worked with clients across three countries and four cities and specializes in landlord representation, tenant representation, market analysis, sales representation, financial analysis, in-depth location analysis, lease negotiation and renewal, and space expansion/consolidation.

She believes in building strong, trusted relationships with her clients and business partners to facilitate lasting impact and growth.

View expert

Scott Whitefield

Managing Director

Albuquerque

Scott Whitefield has more than 28 years of experience in commercial real estate, with extensive experience in portfolio management and Site Selection.  He has successfully completed over two and a half million square feet of lease transactions, and represents some of Albuquerque’s most prestigious properties. He has also completed transactions with clients in 37 cities across 18 States and Canada. His experience includes advanced analytics in site selection, property operations, detailed market research, tenant improvements, tenant retention, marketing, lease negotiations and building sales.

Scott has been a top 5 performer for 4 of the past 5 years since coming to Colliers and now has expanded his team with the inclusion of Shona Martinez.  Scott and Shona have been involved in many of the largest real estate transactions in the greater Albuquerque Area.

View expert