Kingsbarn Purchases Office Property in Albuquerque
Las Vegas, NV, August 24, 2018 – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced the acquisition of the Altura Professional Building, in Albuquerque, New Mexico. The property was 100% leased and occupied by seven tenants, including the General Services Administration (USA), Lovelace Health System, and Butt, Thornton & Baehr PC, who together occupy 85% of the approximately 109,000 sq. ft. building. The property is a 4-stories, steel frame construction, has three elevators in a generous central lobby, and has underground parking and storage for the tenants.
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