Commercial Real Estate Development
We provide commercial real estate development throughout New Mexico with a foundation built on local ownership, experienced leadership, and long-term relationships. At Allen Sigmon Real Estate Group, development is the foundation of our business. Our principals bring more than 45 years of experience developing hotel, office, industrial, retail, and multifamily properties. Since our company was established in 2011, our development team has been involved in well over 1,000,000 square feet of commercial real estate.
Development Is at the Core of What We Do
Our commercial real estate development work extends beyond constructing individual buildings. We identify opportunities, establish strategic partnerships, and create properties designed around the needs of businesses, tenants, investors, and the communities where we operate. Our experience includes ground-up development and custom tenant solutions, giving us the ability to approach projects according to their specific location, use, and objectives. Development remains closely connected to our investment, leasing, and asset management services.
More Than 1 Million Square Feet of Experience
Our development experience is measurable. Since 2011, our team has participated in well over 1,000,000 square feet of commercial real estate projects. That work includes hospitality, office, industrial, retail, and multifamily properties across New Mexico. Our development portfolio includes the Marriott Element by Westin at 2430 Louisiana Boulevard Northeast in Albuquerque, Home2Suites by Hilton ABQ at 1660 University Boulevard Northeast, Charles Schwab at 2442 Louisiana Boulevard Northeast, and The Shops at Eagle Vista at 9641 Eagle Ranch Road Northwest.
Development Experience Across New Mexico
Our portfolio demonstrates experience across multiple New Mexico markets rather than one property category or location. We have been involved with Home2Suites by Hilton in Alamogordo, Courtyard by Marriott NMSU in Las Cruces, Dutch Bros in Rio Rancho, Burger King locations in Albuquerque and Los Lunas, Slim Chickens in Farmington, and commercial properties in Moriarty and Farmington. This geographic and property diversity gives our team practical experience with the different considerations involved in developing commercial real estate throughout New Mexico.
Expertise From Acquisition Through Development
Our commercial real estate development expertise is supported by experience in the individual components that can determine whether a project moves forward successfully. Principal Lance Sigmon's documented development experience includes entitlement work, subdividing, construction, rezoning, financing, equity syndication, and oversight of the development team. He has also acquired and developed award-winning hotels, shopping centers, warehouses, apartment complexes, office buildings, residential lots, retail pad sites, and standalone retail buildings.
Local Ownership Shapes Our Approach
We own, live, and manage locally. One hundred percent of our portfolio is self-owned, allowing us to make decisions in New Mexico and maintain direct relationships with tenants, investors, and sellers. Our local ownership model is an important part of how we approach commercial real estate development because we remain connected to the properties and communities where we operate. We combine that local perspective with established relationships and strategic partnerships throughout New Mexico.
Building Commercial Properties With Long-Term Value
At Allen Sigmon Real Estate Group, we approach commercial real estate development as part of a larger real estate strategy. Our development work connects with investment, partnerships, leasing, and asset management, allowing us to remain involved beyond the initial construction of a property. From hospitality and office projects to retail, industrial, and multifamily developments, we focus on creating commercial properties that serve practical business needs while contributing to the communities where we invest. Our experience, local relationships, and hands-on ownership model continue to guide how we develop commercial real estate throughout New Mexico.