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Eschenbrenner to head NMSU’s Aggie Development

Scott Eschenbrenner will serve as the new president and CEO of New Mexico State University’s Aggie Development Incorporated. NMSU President Garrey Carruthers selected Eschenbrenner for the position earlier this month. He will also serve as special assistant to the president and steps in to the role formerly held by Ben Woods, who retires effective June 30.

Scott Eschenbrenner will serve as the new president and CEO of NMSU’s Aggie Development Incorporated. He will also serve as special assistant to the NMSU president. (NMSU photo by Darren Phillips)

“We had a national search to fill this position,” Carruthers said. “As it turns out, we found an excellent applicant right here within our own community. Scott is well qualified and an expert in land and water valuations. He’s also familiar with our area and has years of experience working with key players in the region.”

Aggie Development was created in 2014 as a 501(c)(3) tax-exempt nonprofit organization to manage the university’s real estate and water assets. It also works to foster new public-private partnerships to benefit both the university and the surrounding community.

Eschenbrenner owned and operated Mesilla Valley Appraisal Services for 20 years before taking on his new role with NMSU. At his previous job, he specialized in commercial real estate appraisals in and around Las Cruces and Alamogordo. He worked with the private sector as well as city governments and federal agencies, including Elephant Butte Irrigation District.

“I had a successful practice and enjoyed what I was doing, but I was looking for a new challenge,” Eschenbrenner said. “The opportunity to come to NMSU and do something that’s lasting and work on projects that will be here long after I’m gone was very appealing to me. I’ve lived in Las Cruces for 23 years and I’m excited to continue being a part of this community.”

Eschenbrenner will lead the university’s real estate development efforts, among other projects. Earlier this year, the NMSU Board of Regents approved a land lease for Aggie Development, allowing it to better pursue a third party to develop a hotel property on the NMSU campus.

“I also have a tremendous amount of faith in the leadership here at NMSU,” he said. “We have a great university president and a strong board of regents that I know will continue moving the university forward.”