Albuquerque Developer Lee Blaugrund Razes Old Furniture Warehouse For 377K-Square-Foot Project

3535 Menaul Blvd. NE — Separate Furniture Redevelopment Site

The former American Home Furniture warehouse near Albuquerque’s Big I interchange has been demolished, clearing the way for a 377,414-square-foot industrial project from developer Lee Blaugrund. The demolition marks another chapter in the slow unwinding of a retail chain that spent decades anchoring New Mexico’s furniture market before its collapse this year.

According to The Business Journals, Blaugrund is replacing the former American Home Furniture facility with the new industrial building, which sits near the busy interchange where Interstate 25 meets Interstate 40. The outlet reports the old warehouse has been demolished, though specifics on the project’s construction timeline, tenants, and total cost have not been disclosed…

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