County News:

It’s a deal!

Los Alamos County Administrator Harry Burgess announced this morning that the County has executed the ground lease and developer agreement with Los Alamos Trinity LP for the property known as the “Trinity Site.”

The property is located just south of Trinity Drive and Mari Mac Plaza on the eastern edge of Los Alamos.

A slight modification to the agreement was made Thursday after a final meeting with the developer, North American Development Group (NADG.)

The change will add up to 90 days during the feasibility period for the developer to consider their pre-leasing efforts regarding the other spaces surrounding the Smith’s Marketplace.

The 100,000 – 120,000 s.f. Marketplace will be the anchor store for the Trinity Site and the first of its kind in the State.

Grubb & Ellis, the project’s commercial real estate consultant, has been assisting NADG in identifying additional commercial/retail tenants.