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Albuquerque’s Growth Cools Albuquerque was slow to see negative rent growth, but after outperforming the nation for 10 months it finally slid 0.1 percent on a T3 basis through February, to $1,283. Occupancy also dropped slightly, losing 100 basis points in the 12 months ending in January, though it remained above 95 percent.
Albuquerque was slow to see negative rent growth, but after outperforming the nation for 10 months it finally slid 0.1 percent on a T3 basis through February, to $1,283. Occupancy also dropped slightly, losing 100 basis points in the 12 months ending in January, though it remained above 95 percent.
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