Year in review: The top 5 real estate deals of 2015 include a record

2015 was the year the industrial market heated up, more apartment complexes sold to out-of-state investors and auctions were the new tool to unload assets.

While there were plenty of deals made this year, we combed through our archives to pick out the top news stories that made waves, or had a far-reaching impact on the local business and real estate community.

The top real estate deal of the year was Jim Long's purchase of One Park Square located in Albuquerque's Uptown area.

Enlarge

The top real estate deal of the year was Jim Long's purchase of One Park Square located… more

The Heritage Hotels & Resorts CEO bought two high-profile properties in the state this year. First, under the Heritage Hotels banner, Long purchased the El Monte Sagrado in Taos from the Kessler Collection, a luxury hotels and resorts brand based out of Florida. The purchase reflected Heritage Hotels' strategy, which is to acquire and operate culturally-designated hotels focused along New Mexico's I-25 corridor.

The second big purchase seemed to come out of the blue. Long, along with several other partners, purchased One Park Square and the nearby retail property. According to financial documents filed with the Securities and Exchange Commission by Equity Commonwealth, the seller of One Park Square, the sale price was $34.3 million.

Read Full Story: Year in review: The top 5 real estate deals of 2015 include a record