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WEBINAR: New Mexico Retail Outlook — What Will New Mexico Retail Activity Look Like in 2021?

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With retail activity curtailed due to the pandemic, New Mexico’s retailers and restaurants have struggled and have adapted — with many embracing curbside pickup or protocols to ensure social distancing. As we look forward to 2021, we’re wondering what practices will be here to stay and what will be the long-term impact on the retail market.

Shopping Center Business and Western Real Estate Business magazines will host a complimentary webinar titled “New Mexico Retail Outlook: What will New Mexico Retail Activity Look Like in 2021?” on December 14, from 10:00 – 11:15 AM MST.

Panelists will include Ariana James West of Base 5 Retail. Steve Maestas of Maestas Development Group, Tom Jones of Colliers International, Anthony Johnson of Pegasus Group, and moderator Jeff Campbell of Carlsbad Department of Development.

Topics to be discussed:

  • How have New Mexico area retailers, restaurants and developers adapted to the COVID-19 environment? What do they need to succeed?
  • What are the predictions for New Mexico retail occupancy rates in the coming year?
  • How will retail rents and property values be impacted?
  • What will be the impact on new development in the near term?
  • What is the expectation for investment sales activity in 2021?
  • How should retailers and retail property owners position themselves for recovery?
  • What opportunities do New Mexico retail tenants, developers and investors see in a post-pandemic market?

This discussion will cover leasing and occupancy trends, as well as the development pipeline and what to expect in investment sales over the coming year. If you are interested in retail real estate in New Mexico, register today to hear what to expect as we move into 2021.

Register for the free webinar here. 


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Tom Jones

Senior Vice President & Principal | Albuquerque

Albuquerque

With over 19 years of commercial real estate experience, Tom focuses on statewide and national retail brokerage, as well as multi-market national retailer representation. He and his team are proud to build their core business strength on developing and  maintaining solid, long-lasting client relationships. Tom provides extensive industry knowledge and keen insights to his clients and meticulously executes every aspect of the transaction. He offers expertise in marketing consultation, market evaluation, comparative analysis and negotiations. Additionally Tom’s extensive experience in sales of shopping centers and NNN investments include recent transactions with Starbuck's, Chick Fil A, Planet Fitness, Freddie’s Frozen Custard, Jack in the Box, Walgreens, Advanced Auto Parts and more.

Tom is a dedicated representative to both commercial landlords and retail tenants. For the property owner, Tom is relentless in identifying qualified tenants and works closely with his landlords in all aspects of the lease transaction. In tenant site selections, Tom is thorough, analytical and responsive to client needs. Additionally he provides business expertise and market insight to investors and developers looking to acquire or divest of real estate assets. Tom maintains a wide tenant representation list including Dick’s Sporting Goods, Dave & Buster’s, DSW, Staples, CVS, Guitar Center, Toys R Us, Forever 21, Albertsons, Harbor Freight Tools, Burlington, Chick-Fil-A, Panda Express, Panera Bread, Uncle Julio's, Chuze Fitness and many more.

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