ICE OFFICE

Tenant

Department of Homeland Security - ICE

Location

Albuquerque, NM

Price

Unstated

CAP Rate

Unstated

Lease Term

11 Years

Occupancy

100%

Building Size

71,100 SQ FT

Property Type

Office

Year Built

2011

Lot Size

7.38 Acres

Status

Sold

ALL CASH TRANSACTION
Sold to institutional investor

ACHIEVED RECORD PRICING
Benchmark for GSA properties with comparable lease term

BUILD-TO-SUIT CONSTRUCTION
for Dept. of Homeland Security, Immigration and Customs Enforcement (ICE)

MISSION-CRITICAL BUILDING
Houses two ICE divisions: Homeland Security Investigations and Enforcement and Removal Operations

SIGNIFICANT TENANT IMPROVEMENTS
TI costs exceeded $11.25 million

HIGHLY SPECIALIZED BUILDING
with features including crash-grade perimeter fencing, guardhouse, holding cells, sally port, and forensics lab

EXCEPTIONAL DESIGN
Three design awards including American Institute of Architects

LEED SILVER CERTIFIED