Real Estate Department
Did you Know? The Real Estate Department administers over 1,000,000 square feet of leased space, and processes around 125 transactions annually.
The Real Estate Department manages all real estate activities of the University, including: purchases, sales, development, leasing of institutional real property, off-campus leasing for UNM tenants, property management and revenue generating investment real property.
Consisting of eight full-time employees and one half-time term employee, our major areas of responsibility include: property management at the Science and Technology Park, leasing, acquisitions, financial and feasibility analysis, internal consulting, and administration. We provide comprehensive real estate services for all entities of the Regents including academic and research units (North, Central, South and Branch Campuses), Health Sciences Center, University of New Mexico Hospitals, UNM Medical Group, and Science and Technology Corporation. In addition, RED provides professional real estate support to Lobo Development.
Key UNM Partner Departments:
- KNME / KUNM
- LOBO DEVELOPMENT
To provide effective, efficient real estate service to University customers that support institutional needs. “Real estate services” relates to leasing, transactions (purchase and sales), feasibility and ‘highest and best use’ analysis, property and asset management, and investment and portfolio management. “University customers” include administrative and business organizations, academic and research units, senior executive management and the Board of Regents. “Institutional needs” encompass short-term ‘tactical’, as well as long-term “strategic” needs.