October 4, 2018

Heslin Holdings, Inc. Announces the Grand Opening of T-Mobile in Albuquerque, New Mexico

Heslin Holdings, Inc. Announces the Grand Opening of T-Mobile in Albuquerque, New Mexico

Laguna Hills, CA (July, 2018) – Heslin Holdings, Inc. a privately owned commercial real estate investment and development firm announced the grand opening of T-Mobile in their shopping center, West Central Plaza, located in Albuquerque, New Mexico.

T-Mobile joins Panda Express in the recently constructed shops building along the high traffic corner of Atrisco Dr SW and Central Ave NW. Now with both tenants, there is only one spot available on the high profile corner.

Managing Partner and CFO, John Belanich remarks, “We are excited to bring this high quality tenant to the center. Previously, this hard corner was underutilized; however, with the new shops building it has increased traffic and added value to the center.

Heslin Holdings first acquired the former Kmart anchored shopping center in April of 2015. Since then, Heslin Holdings has put the project on the fast track. The company demised the former Kmart into two spaces which now consists of a Burlington and a Conn’s Home Plus. The previous multi-tenant shops building was converted into Harbor Freight Tools. Heslin also increased the GLA by constructing the multi-tenant drive-thru pad as well as 17,000 square feet of shop space for additional tenants, now filled partially by Dollar Tree.

The strength of the redeveloped shopping plaza can be seen in the traffic increase to the center, and especially in the success of the tenants. Since it’s grand opening, this Burlington location is their highest performing store in the Albuquerque market. The Heslin Holdings team is thrilled at the success of the center and is excited for what’s to come.

 

About Heslin Holdings, Inc.

Founded in 2003, Heslin Holdings is a commercial real estate development firm. The firm invests its own funds alongside a network of investors with varying investment criteria. Heslin Holdings and its affiliated companies oversee a real estate portfolio comprising 1.5 million square feet of investment properties. The firm is headquartered in Laguna Hills, California.