Monday, May 2, 2016

Bernalillo County wants to consolidate, considers building purchase

ALBUQUERQUE (KRQE) – Bernalillo County is taking another look at a piece of prime real estate up for sale. Commissioners say they could use the building to consolidate their operations and lower costs. Alvarado Square would offer the county more than 282,478 square feet of space. The county first looked at the property back in 2013, but negotiations fell through. Now, the owners have dropped the asking price by more than $5 million. Commissioners told KRQE News 13 the county has been looking for a building in which they could fit their operations for at least 10 years now. Alvarado Square looked like a good buy several years ago and the county had money but there were issues, like parking. Now, owners have dropped the asking price from $11.1 million to $6 million.
from Webb Sherrill http://ift.tt/23kcSyL

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