Trader Joe's, Albuquerque, NM

Shelburn Structures Acquisition and Eventual Sale of Freestanding Trader Joe’s

Shelburn identified a freestanding Trader Joe’s in a high-income Albuquerque submarket through its brokerage relationships and sourced the opportunity for a private client. Recognizing the buyer’s existing relationship with the tenant, Shelburn facilitated a lease restructuring during escrow that extended the initial lease term and eliminated unreimbursed landlord expenses. The result was a long-term triple-net lease with one of the nation’s premier grocers, providing durable cash flow and operational stability for the new owner. Years later, Shelburn successfully represented the client in the sale of the asset.