Tuesday, July 11, 2006

Timeshare Company Opens In New Mexico's Biggest Metro

Trendwest Resorts has opened its first sales center in Albuquerque at 6700 Jefferson St. NE. The timeshare business, which is part of Cendant Timeshare Resort Group of Orlando, Fla., has hired 25 employees in sales, marketing, telemarketing and administrative positions.

Earlier this year, the owner of the Conejos Office Park, where Redmond, Wash.-based Trendwest is located, decided that its 8,000-square-foot building, called the Conejos Executive Offices, was better suited for one lease, rather than 15. In mid-January, a letter notifying the tenants about the closure of the office park was sent out to the tenants at the time, giving the businesses more than two months to find another location. The 15 businesses were either on six month or month-to-month leases.

Trendwest first approached Vista Hills Partners, the owner of the five-building office park last October. Greg Foltz of Coldwell Banker Commercial - Las Colinas represented Trendwest in the lease.

"Albuquerque, in particular, is a key market since we have timeshare resort properties in the surrounding states and our presence enables us to provide residents and visitors an opportunity to purchase a lifetime of vacations," says Rich Folk, senior vice president of sales for Trendwest Resorts, in a news release.

Trendwest's network operates 59 WorldMark timeshare resorts in the U.S. and international locations such as Mexico and Australia. Trendwest is the exclusive developer and marketer of WorldMark, The Club, whose clients purchase ownership interest in the timeshare club through Trendwest.

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