G3 Investors, a limited liability company headed by Ed Garcia of the Garcia Automotive Group, wants to purchase a trio of buildings that Bernalillo County is trying to unload as part of its upcoming office consolidation.
The county will vacate a series of properties upon completion of its new headquarters at Alvarado Square (415 Silver SW), a $53 million building and renovation project expected to wrap by the end of 2020.
Staff is seeking County Commission approval to sell three of those properties to G3 Investors, and a vote is expected early next month. The deals would also require approval by the State Board of Finance.
Should the sales go through, G3 has agreed to lease the properties back to the county so workers could remain in place until the new headquarters is ready.
The three buildings are: