Doing Business in Rio Rancho

Sites and Facilities

Rio Rancho offers numerous sites for business expansion, relocation or consolidation. These sites include land in fully developed business/industrial parks and free standing greenfield sites. Existing buildings of various sizes are available from time to time and Rio Rancho is well known for its fast-track, design build program.

Ample land exists throughout Rio Rancho for all types of business needs including retail, office, and light industrial. The RREDC tracks the inventory of available space and prepares customized reports identifying land and building options availale to corporate users. The reports are tailored to specific site location requirements and the RREDC utilizes a building questionnaire to collect the specifications upon which the customized reports are prepared.

Existing Space Vacancy Rates

Grubb & Ellis New Mexico prepares a quarterly Market Trends Report that discusses among other items, vacancy rates for office, retail, and industrial space throughout the MSA. The following table identifies Grubb & Ellis’ published vacancy rates from the Market Trends Report for Rio Rancho for the First Quarter 2007.


Rio Rancho Vacancy Rates

 

Net Absorption

 

 

Total

SF

Vacant SF

Vacant %

Current Qtr.

Year-to-Date

Under Construction

Office

271,022

16,808

6.2%

(4,902)

(4,902)

87,200

Retail

1,543,,675

58,599

3.8%

4,065

4,065

27,812

Industrial

5,689,469

44,436

0.8%

(11,200)

(11,200)

14,600

                                  Source: Grubb & Ellis New Mexico, 1st Quarter 2007, Market Trends Report

Online Site and Facility Search Engines

A number of online site and facility search engines exist. Among the engines with Rio Rancho listings are:

RREDC Professional Services Resource Page

To view a list and visit the websites of contractors, developers, architects, builders, commercial real estate brokers, etc. that partner with the RREDC, visit https://www.rredc.org/resources/professionalservices.html.

**Readers should consult the RREDC for additional information on available sites and facilities as well as design build options.**

 

 

(Page last updated 6/25/07)