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big northeast albuquerque commercial space to get substantial makeover

7/20/2020

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A large one-story structure that has been vacant for the last decade will soon undergo a substantial transformation designed to attract a new tenant.

Located at 4595 San Mateo Boulevard NE, the 53,000 square foot space, with 20-foot high ceilings, was the former home to the iT’Z family fun center, a facility offering everything from amusement rides to bowling to video games.

For business reasons, the Dallas-based iT’Z closed the San Mateo outlet in the spring of 2016.

Since then, owner Goodman Realty Group has considered such new uses for the building as turning it into a call center or school site.

Now Goodman has announced plans to repurpose the space entirely, with the hope of attracting an industrial tenant.

The move comes as large building owners across the country are seeing such structures used less for retail purposes and more for warehousing and distribution.
Sitting on a 9.9-acre site, the San Mateo building will be substantially upgraded, with the addition of a new exterior and rear roll-up doors for trucks.

The upgrading project will be designed by Aria Architecture of Cedar Crest, New Mexico, and is expected to cost up to $3 million to complete, with work expected to begin later this year.
​
In the 1990s, the structure was the home to a combined restaurant and bar business called Block Party.

​By Garry Boulard

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