Commercial Real Estate (CRE) is property that is exclusively used for business-related or income-generating purposes. It’s a broad category that can cover everything from a single storefront or strip mall to restaurants and healthcare facilities. The four main categories of CRE services are: office space; industrial; multi-family rentals and retail. It does not include residential real estate, which is generally handled by realtors and real estate agents. Here in southern New Mexico, 1st Valley is the premiere source for brokerage of CRE and investment services.
Jake Redfern, 1st Valley broker believes the reason for that designation is because 1st Valley is the only firm in southern New Mexico that offers the full service of both commercial brokerage and management. “We’ve sold water rights, liquor licenses, farms, orchards – we recently sold a winery in La Mesa – so we can broker anything under the sun that isn’t a house,” he says. “Water rights and liquor licenses are a big interest here in New Mexico. They require their own expertise and understanding of processes at the state level. It’s a unique service we provide.”
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Posted by LasCruces.com