Capabilities & Services

The following outlines our specialized services, experience in the industry, and how we can represent your specific real estate needs.

Landlord Representation-Leasing: Our Landlord Representation services provide us the opportunity to market existing or new projects, procure activity from local and national retailers, and negotiate favorable terms and conditions that will enhance the value of the asset.  For new ground up developments, we participate in captivating the vision of the development, identifying the trade area needs and lack of services, trade area competition, and desired tenant mix for the proposed project; we participate in the site planning, design, construction and entitlement process; and we offer the tenant coordination for Tenant Improvement permitting, approvals, notices, and delivery of the premises per the negotiated conditions and provisions of the lease.  We  Over the past twenty two years we have represented Pension Funds, Banks, Savings and Loans, Syndication’s, Real Estate Investment Trusts, national and local developers.  Landlord representation continues to keep us on the leading edge of market activity with the tenants, economic trends and growth patterns.

We have vast experience with the development and implementation of strategic and aggressive marketing programs to procure qualified tenants, on the Landlord’s behalf, and maximize the value of the proposed development.  Some of the Landlords we have represented include Archon (JE Roberts/ Goldman Sacks), Wells Fargo, First National Bank, Glen Fed Savings and Loan, Prudential, Pacific Mutual, Bircher Properties, Trammell Crow, First National Development, Goodman Realty Group Geltmore Development, Kimco Realty, Daskalos Properties  and Hunt Development Corporation.

ABQ Uptown
Plaza Cottonwood
Cottonwood Corners
Sycamore Plaza
Farmington Plaza
Plaza Santa Fe
Pavilions at San Mateo
Nob Hill Shopping Center

Tenant Representation: Tenants are represented on an exclusive basis statewide to strategically penetrate identified trade areas according to specific criteria.  The objective is to maximize the net profit of the retail operation with respect to the sales volumes in relation to the location, competition and transaction costs.  We seek to best understand the tenant’s selection criteria in terms of customer profiles (demographics-population density, income levels, and spending habits), in terms of physical site criteria (access, traffic patterns, visibility, size, use, zoning, parking, signage, trade dress) and in terms of tenant mix and competition.  Transactions include site acquisitions; build to suits, ground leases, renovations, and buy-outs.

Tenant representation of larger anchor retailers include Costco, Kohl’s, Mervyns, Borders Books, Bed Bath & Beyond, Best Buy, TJMaxx/Marshall’s, Whole Foods, Wild Oats, La Montanita Grocer, Office Depot, Sports Authority, Regal Entertainment Group, Old Navy, Cost Plus World Market, La-Z-Boy Furniture Galleries.        

Tenant representation of smaller shop space retailers includes; Rue 21, Lane Bryant, Famous Footwear, Dress Barn, Maurice’s, Mattress Firm, La Bella Day Spa, Great Clips, , Payless Shoes,  Bridgestone/Firestone, Sally Beauty Supply, Sport Systems, Hollywood Video and Fed Ex/Kinkos.

Tenant representation of larger full service restaurants include Fleming Steakhouse, Elephant Bar, Bravo Development, Garduno’s Mexican Restaurant, Zea’s Rotisserie Grill, Marcello’s Chophouse, Scalo Italian Restaurant, Le Peep, Dion’s Pizza,  Buca Di Beppo, Souper Salad, and Trombino’s Italian Restaurant.

Tenant representation of quick service restaurants include Pei Wei (PF Chang’s),  Einstein’s Bagels, Bumble Bee’s Baja Grill, Panda Express, Taco Cabana, Del Taco, Quizno’s Subs, Ben & Jerry’s, Bad Ass Coffee, Jack in the Box and Boston Market.

Development Services: Sedberry & Associates has developed retail property for third parties as well as on its own behalf.  We have experience with land assemblage, rezoning, city meetings and hearings, neighborhood association meetings and presentations, architectural site planning and elevation designing, civil, structural and mechanical engineering coordination, project construction management and tenant coordination.  The experience received from undergoing the development process enhances our overall knowledge and services.

Recent development projects include freestanding build to suits with tenants such as Walgreen’s, Office Depot, Bed Bath & Beyond, Borders Books, Circuit City, PetsMart, Chili’s, Burger King, Taco Cabana and Starbucks.

Recent larger projects such as ABQ Uptown (220,000 sf mixed use lifestyle center with residential and hotel); The Pavilions at San Mateo 200,000 sf Power Center, Cottonwood Corners 250,000 sf Power Center; West Bluff 400,000 sf Power Center, The Plaza at Cottonwood 500,000 sf Power Center, Sycamore Plaza 275,000 sf neighborhood center, Santa Fe Plaza 600,000 sf Power Center, Farmington Plaza 400,000 Power Center, Eagle Ranch Center 200,000 sf Power Center, and Central Park Place.  These high-profile retail developments alone have added 4,350,000 square feet to the market and facilitated the market entry of 75 new retailers to the New Mexico market such as Pottery Barn, Williams Sonoma, Chico’s, Coldwater Creek, Sharper Image, Barnes & Noble, Circuit City, Linens N Things, Comp USA, Old Navy, Staples, Mikasa, Sears Paint and Hardware, Norwalk Furniture, Starbucks, Boston Market, Pei Wei (PF Changs) and many others.  Other tenants with in these projects include Wal-Mart, Super Wal-Mart, Smiths, Safeway, and Home Depot.

Brokerage: Sedberry & Associates has extensive experience with the marketing of properties for sale on a national, regional and local level.  Vacant land for example, is marketed utilizing the highest and best use and the site’s maximum development potential and valuation.  We facilitate thorough due diligence to best determine such potential for our client.  Diligent information provides efficient a feasibility analysis, enhances buyer confidence of the acquisition, and saves valuable time.

Sedberry & Associates has experience with successful sale transactions of large land tracts, some with entitlements, some without.
*2008: Coors By-Pass and Eagle Ranch; Costco as buyer
*2008: Eagle Ranch Center 17 acres adjacent Cottonwood mall
*2007: 2,000 acres sold for mixed use residential and commercial development.
*2006: Kohl’s ground lease at Paseo and Louisiana
*2005: Kohl’s ground lease at Coors By-Pass and Ellison
*2005: Kohls ground lease at Valdez Business Park Santa Fe.
*2005: Central and Eubank: 6 acres for development of Central Park Place.
*2002: Louisiana /Indian School: 11.7ac; Albuquerque Public Schools as Seller, Hunt Building Corp as buyer;
*2001: Louisiana /Indian School: 28 acres; Archdiocese as seller, Hunt Building Corp as buyer;
*2001: Coors/Central: 20 acres sold; K-Mart as buyer, multiple private owners as sellers.
*2000: Southern/Eubank: 30 acres sold; Costco as buyer, APS as the seller;
*1998: Paseo del Norte/I-25: 31 acres sold; Garett Capital as buyer; current home to Lowe’s and Target;
*1998: Renaissance/I-25: 15 acres sold; Federal Express as buyer, Build NM as seller;
*1997: Renaissance/I-25: 20 acres; Costco as buyer, Build NM as seller;
*1996: San Mateo/I-40: 20 acres sold; Kitchell as buyer and Peace Foundation as seller;

Investment Services: Investment transactions include the sale of neighborhood shopping centers, power centers, strip centers, office buildings, triple net leases and long-term ground leases.  Our objective is to maximize the potential sale price of the investment in addition to facilitating a timely successful closing.  Integral elements performed in the transaction process include market evaluation, asset valuation, purchaser qualification, potential financing sources, due diligence assistance, estoppels procurement, and other facets of the sale transaction which maximize the sale price and conclude a successful closing.  Sedberry & Associates continues to remain one of the most active companies in the investment market which enable us to quickly evaluate an asset, procure qualified activity from the investment market, and negotiate terms and conditions which will facilitate a timely closing.

Investment sales remains an unmatched arena for Sedberry & Associates with the sales of shopping centers, office buildings, triple net leases and ground leases.  Sedberry & Associates has brokered more local shopping center sales than any other commercial firm and have completed the state’s most expensive retail transactions, (excluding regional malls) with the sale of The Pavilions at San Mateo at $27.4 million and the Plaza at Paseo at $20 million.  Other centers include 260,000 sf Market Center East (Target anchored), 125,000 sf Montgomery Crossing, 175,000 sf Eastdale Shopping Center, 45,000 sf Sycamore Plaza, 175,000 sf Four Hills Village Shopping Center, College Plaza, and Lincoln Plaza in Santa Fe.  Clients represented include Pension Funds, Real Estate Investment Trusts (REITS), local and national developers, Banks, Savings and Loans, private syndication’s, the RTC and individual investors.

Financial Services: We can assist the procurement of construction, interim and permanent sources of financing via competitive quotes, and assist with negotiating the most competitive financing terms available.  We can assist with the application process, documentation submittal (property profile, site plan, aerials, photographs, maps, operating statements, budgeted capital expenditures, projected tenant sales figures, rent roll, leases, tax bills), perform the lender market and site tours, assist with the lender due diligence, and assist with the appraisal.

Loans placed include construction loans, mezzanine loans and permanent loans.  Loans placed range form $1,000,000 to $20,500,000.  Projects financed include The Plaza at Cottonwood, Sycamore Plaza, Nob Hill Shopping Center, Market Center East, Montgomery Crossing, Central Plaza, Renaissance Development and several others.

Asset Management: Asset Management Services, a division of Sedberry & Associates, provides asset management services focused on enhancing the potential value and return on the investment.  Our style of management is unique to the industry, and is designed to capitalize on the strength of each member of our management team. Improving the cash flow of any asset is accomplished by means of the utmost professionalism through detailed reporting, articulate communication skills and choosing the most qualified, competitive resources for personnel, contracts/vendors and Maintenance.

Current Asset Management Solutions accounts include approximately 1.5 million square feet retail and office projects including ABQ Uptown, the Department of Interior, K-Tech, Nob Hill Shopping Center, Sycamore Plaza, the Plaza at Paseo del Norte and Juan Tabo Plaza. 
Sedberry & Associates is confident and strongly encourages you to contact any of our clients, past or present. Satisfaction and quality, customer service will be amplified and reiterated through our client responses to our management.

Construction Management: Sedberry & Associates has also expanded into Construction Management services.  For both new construction and major renovations, our construction management services oversee the entire process with the objective of saving valuable time and money.  Construction projects are known for change orders, budget overruns and delays.  We provide our client with “hands on” control of the project, the contractor, and the funding.