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Development


1440 Rio Rancho Blvd. Development – Dutch Bros

Status – Completed – September 2020

Market: Rio Rancho, NM
Partner: L&B Acquisitions, LLC
Tenant: Dutch Bros Coffee
Deal Structure: Build to Suit
Land Acquisition Date: 4/8/2019
Construction Commencement: 4/1/2020
Tenant Grand Opening Date: 9/25/2020

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5101 Gibson Blvd. Development – Burger King

Status – Completed July 2019

Market: Albuquerque, NM
Partner: Renaissance Acquisitions, LLC
Tenant: Burger King
Deal Structure: Ground Lease
Land Acquisition Date: 7/3/2018
Construction Commencement: 7/25/2018
Tenant Grand Opening Date: 5/5/2019

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1197 Rio Rancho Blvd. – Dunkin Donuts

Status – Completed – May 2021

Market: Rio Rancho, NM
Partner: King Capital Inc.
Tenant: Dunkin Donuts
Deal Structure: Ground Lease
Land Acquisition Date: 7/10/2019
Construction Commencement: 9/1/2020
Tenant Grand Opening Date: Q1 2021

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3475 E. Main Street – Serious Texas BBQ

Status – Completed 12/2021

Market: Farmington, NM
Partner: Renaissance Acquisitions, LLC
Tenant: Slim Chickens
Deal Structure: Lease
Land Acquisition Date: 6/15/2017

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5200 Menaul Blvd. – Ziggis Coffee

Status – Completed

Market: Albuquerque, NM
Tenant: Ziggis Coffee
Deal Structure: Lease
Land Acquisition Date: 4/6/2021

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