Albuquerque, NM

71,100 SQ FT

DHS/ICE FACILITY

71,100 SQ FT

GRE Group was retained to conduct a confidential sales process for the ICE facility in Albuquerque. Despite a short remaining firm lease term, GRE Group was able to extract maximum value and achieve pricing on par with much longer lease terms by selling the story behind this asset, including the exceptionally high tenant improvement costs and irreplaceability of the facility.