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Featured in Albuquerque Journal on April 7, 2026.
The sale of a major piece of property on the University of New Mexico’s South Campus is complete, moving the area one step closer to welcoming a major retail hub.
Arizona-based developer SimonCRE is officially the new owner of roughly 38 acres of land previously owned by UNM after a transaction that began last year closed on Tuesday, founder and CEO Josh Simon told the Journal.
Simon also confirmed a portion of tenants slated to join Lobo Crossing Shopping Center — a 363,000-square-foot, open-air food and retail development planned for the land SimonCRE has acquired.
