July 18, 2016

West Central Plaza

Located in the heart of the SW Quadrant of Albuquerque, West Central Plaza is a 123,059 SF multi-tenant shopping center. At closing, the center was comprised of a vacant Kmart and several smaller shops and eateries. West Central Plaza presented multiple value-add opportunities. Due to Albuquerque’s restrictions on constructing new retail spaces over 80,000 SF, West Central Plaza offered a unique opportunity to attract large national credit tenants while satisfying the strong, unmet demand for retail services in that undeserved area of the city.

Present Day: Heslin Holdings demised the former Kmart into two spaces, now occupied by Burlington and Conn’s Home Plus. The previous shop space on the Southwest part of the center has since been converted into Harbor Freight Tools.  Heslin constructed an add-on next to the Burlington space, which Dollar Tree now fills. Lastly, the development team constructed a multi-tenant drive-thru pad on the corner which includes Panda Express and T-Mobile. To see the rest of the dramatic transformation, click on the gallery link below.

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