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1,689 Commercial Real Estate Listings in New Mexico

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New Mexico Commercial Inventory Breakdown

In 2023 the New Mexico commercial real estate market totaled 17,063,266 square feet of office spaces, 26,206,232 square feet of office spaces with retail, and 32,394,131 square feet of industrial space.

Office Spaces

Total: 17,063,266 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 8,084,332 SqFt 47.38% of total office
100k to 500k SqFt 8,455,409 SqFt 49.55% of total office
500k to 1M SqFt 523,525 SqFt 3.07% of total office
By class:
Class Total square feet Share of total
Class A 5,486,578 SqFt 32.15% of total office
Class B 10,610,174 SqFt 62.18% of total office
Class C 170,514 SqFt 1% of total office
Roughly 3.07% of the total office space in New Mexico is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 47.38% of the office inventory.

Class A office space holds a 32.15% share of the overall New Mexico office market, while Class B office assets make up approximately 62.18%.

Industrial

Total: 32,394,131 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 8,968,910 SqFt 27.69% of total industrial
100k to 500k SqFt 16,279,984 SqFt 50.26% of total industrial
500k to 1M SqFt 2,052,573 SqFt 6.34% of total industrial
> 1M SqFt 5,092,664 SqFt 15.72% of total industrial
By class:
Class Total square feet Share of total
Class A 12,491,933 SqFt 38.56% of total industrial
Class B 16,319,349 SqFt 50.38% of total industrial
Class C 631,218 SqFt 1.95% of total industrial
There are 16,279,984 square feet of commercial real estate properties between 100k to 500k square feet, representing 50.26% of the New Mexico industrial inventory. Class A assets total 12,491,933 square feet of industrial space, with an additional 16,319,349 square feet of Class B and 631,218 square feet of Class C properties.

Office Spaces with Retail

Total: 26,206,232 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 8,404,651 SqFt 32.07% of total office with retail
100k to 500k SqFt 16,448,414 SqFt 62.77% of total office with retail
500k to 1M SqFt 1,353,167 SqFt 5.16% of total office with retail

New Mexico Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
New Mexico Office 214 2,170,287
New Mexico Retail 260 1,801,048
New Mexico Industrial 115 5,639,884
New Mexico Other 996 14,811,164
Ofice Icon

214

Office

Industrial Icon

115

Industrial

Retail Icon

260

Retail

Current local active listing encompass 24,422,383 square feet of commercial space for lease in . There are 214 active office listings, which amount to 2,170,287 square feet and account for 13% of commercial spaces on the market. Local retail availability includes 1,801,048 square feet across 260 listings. Current industrial offerings on the market amount to 5,639,884 square feet across a total of 115.
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