Mesa del Sol has finally arrived, earning its own submarket designation in Grubb & Ellis New Mexico's Industrial Market Trends report. The 12,900 acre master-planned development, still in its opening stage, shows up in the third quarter w/ a whopping 665,596 square feet of industrial soace under construction. Most of the construction is on Albuquerque Studios, a 500,000 film and TV studio owned by Pacifica Ventures. Also under construction is an 87,000 square foot building to house Advent Solar.
Mesa del Sol's early construction activity reflects developer Forest
City Covington's plan to build an employment center first, then start housing construction in a year our two.