PHOENIX, ARIZONA (September 20, 2017) – August proved to be a scorcher for NAI Horizon Senior Vice President Laurel Lewis, who closed five lease transactions totaling $1.785 million (21,198 square feet) and the sale of an office condo for $395,000.
Lewis, a member of the Office Properties Group, began the month representing the tenant in a long-term lease for GeoTek Operations Limited at Koll Cotton Center, 4050 E. Cotton Center Blvd., in Phoenix. The deal for 9,966 SF totaled $315,722.
The subsequent long-term tenant representation deals included:
>> North Star Wealth Management, LLC, 1,490 SF, $200,529, Canyon Village, 18835 N. Thompson Peak Parkway, Scottsdale;
>> Software Ops, 2,779 SF, $416,850, Scottsdale Norte, 11333 N. Scottsdale Rd., Scottsdale;
>> Wilson & Company, 4,538 SF, $683,536, Phoenix Gateway Center, 410 N. 44th St., Phoenix;
>> PCB Group Sales Co., 2,435 SF, $168,623, Foothills Gateway, 4505 E Chandler Blvd., Phoenix.
“I enjoy representing my client’s best interest whether they are leasing a space or buying or selling a building and appreciate the trust they put in me and NAI Horizon,”
Lewis said. “The office market in Phoenix is healthy and robust with new construction, positive absorption, and increasing rates. Now more than ever it’s key to engage a qualified broker for representation.”
Lewis wrapped up the month representing the seller in the $395,000 (1,845 SF) office sale at 1747 E. Morten Ave., Phoenix. Lewis represented The 1906, LLC.
PHOENIX, ARIZ. (September 19, 2017) – Iconic Design Studio recently completed high-end interior design services for a variety of clients including the developer of Bible study software, an organization that provides business services to schools, a retinal specialist, and a water conservation group.
Besides providing interior design services, Owner/Principal Kelli Berry of Phoenix-based IDS consulted on tenant improvements and conceptual interior space. The projects:
Faithlife building in Chandler.
>> Faithlife Corporation, 6,414 SF, Chandler: This project included the remodeling of an existing convenience store into new office space. Added were conference rooms, a break room, two outdoor patios, and new exterior paint.
“This in-fill property close to Downtown Chandler required us to remove convenience store equipment and add new exterior windows to bring additional light in the facility,” Berry said.
Wolverine Builders was the general contractor. Other team members were Mechanical Designs Inc., and Hawkins Design Group.
>> CFE Management Group, 28,000 SF, Chandler: Work on this $1.5 million project included new interior doors, walls, break rooms, conference rooms, an open office area, executive area, and lobby.
“This ground-up facility will serve as the new corporate headquarters for CFE,” Berry said. “It features an open office concept with exposed roof structure, floating ceiling clouds, a large break room with outdoor patio, and huddle rooms designed for collaboration among co-workers.”
Leading the project was LGE Design Build.
>> Retinal Consultants of Arizona, 26,124 SF, Phoenix: Work included a new medical office, eight exam lanes, five diagnostic lanes, 10 pre-testing lanes, two laser suites, two special procedure suites, designated retina fellow exam lane, a dedicated clinical research wing, two waiting areas, and a coffee bar. Located upstairs is a conference center, large and small boardroom, and seven executive suites.
The facility was a former gym with an indoor pool and running track. New windows were added to bring additional light into the space. The lobby had a two-story opening that needed to be addressed. GCON Construction was the GC.
Roosevelt Water Conservation District HQ in Gilbert.
>> Roosevelt Water Conservation District corporate HQ, 20,337 SF, Gilbert: IDS work included a public board room and management offices. Architectural services were provided by Adaptive Architects Inc.
PHOENIX, ARIZONA (Sept. 18, 2017) – NAI Horizon, celebrating 25 years in the Valley, continues its growth in Arizona with the hiring of Sarah Stecko as Marketing Specialist.
Stecko will collaborate with the brokerage teams to provide coordination and creation of consistently-branded marketing materials. This includes proposals, database support, and preparation of accurate, timely, and relevant documentation.
Stecko comes to NAI Horizon after three years as Editor in Chief of Commercial Executive Magazine where she produced both online and print content. She has also spent time and held various positions at R&R Partners, Allied Integrated Marketing, and Knoodle Advertising Agency.
“Adding Sarah to our team furthers our vision of supporting our agents with the best possible resources,” said Terry Martin-Denning, Principal and CEO of NAI Horizon. “Sarah’s skill set and personality are a great fit for our NAI team. We’re excited to have her working with us.”
A native of Chicago, Stecko is actively involved with industry groups including Valley Partnership, NAIOP Arizona, Urban Land Institute, and Risk Management Association. Her community involvement includes volunteering with the Valley Partnership Community Project.
Stecko is a graduate of Arizona State University’s Cronkite School of Journalism and Mass Communication. She is currently working toward an MBA at Grand Canyon University.
TEMPE, ARIZ. (September 18, 2017) – Leo Sanchez, Commercial Sales Executive of Major Accounts at Fidelity National Title Agency, has been elected Vice President of the Board of Directors for the W.P. Carey School of Business, Masters of Real Estate Development Alumni Program.
In May Sanchez completed the prestigious W.P. Carey School of Business, MRED Program. Sanchez, who has been with Fidelity Title for two years and in the local real estate industry for 13 years, also holds an MBA with a concentration in finance from Keller Graduate School of Management.
“It’s truly an honor and a privilege to serve on the board,” Sanchez said. “It’s incredible to see how our program has gained exposure nationally and I look forward to the opportunity to work with my fellow alum in the years to come.”
Other board members include Denise Christensen, President, Habitat Metro; Kati Routh, Communications, Glacier House Hotels; Julie Harris, Secretary, SVN; Amanda Donner, Treasurer, independent developer; and Members at-Large Brad Broyles, COBE Real Estate; and Tina Heinbach, Past President, Garrett Development Corporation.
“The program has just started its 12th year and the MRED alumni body has grown to over 300 graduates. It brings great pride that our alums are making an impact as leaders in the real estate industry around the globe,” Christensen said.
The nine-month MRED program prepares participants to lead real estate development projects that are environmentally respectful, socially responsible, and artfully designed. It is a transdisciplinary partnership between four highly regarded schools within Arizona State University: The W. P. Carey School of Business; the Sandra Day O’Connor College of Law; the Herberger Institute for Design and the Arts; and the Del E. Webb School of Construction.
A native of El Paso, Texas, Sanchez is active in several industry organizations and serves on committees for ULI Arizona and NAIOP Arizona. He is also a member of Valley Partnership. Sanchez has lived in the Valley 17 years. He and his wife, Maricela, volunteer with various nonprofits, working with organizations that serve underprivileged children.
PHOENIX, ARIZONA (September 12, 2017): NAI Horizon negotiated a long-term lease for Planet Fitness at Canyon Trails Towne Center, 515 S. Cotton Lane in Goodyear, Arizona.
The NAI retail properties team of Senior Vice President Chris Gerow, Senior Vice President Shelby Tworek, Vice President Gabe Ortega, and Associate Patrick Anthon represented the tenant, PF Goodyear LLC of Sedona, Arizona, in the transaction totaling $1.76 million.
“This location is in one of the fastest growing parts of town, and provides excellent access off the Loop 303,” Gerow said. “It has excellent co-tenancy, and is in the dominant center in Goodyear.”
The new Goodyear Planet Fitness location will take up 17,876 square feet at Canyon Trails Towne Center. Tenants at the retail center include Super Target, Ross, PetSmart, World Market, and Dollar Tree.
The landlord, TPP 211, Canyon Trails LLC of Dallas, Texas, was represented by Cliff Johnston of Cushman & Wakefield.
PHOENIX, ARIZ. (September 12, 2017) – The Internet has changed how industry – including the commercial real estate community – conducts business.
In August, CoreNet Global Arizona rolled out a three-part series exploring how a connected world is transforming its interaction with the workforce.
Part II, Office and Smart Buildings, is scheduled for Thursday, September 28, at Phoenix Country Club, 2901 N. 7th St.
Panelists include Stan Gibson, Senior Vice President, Wells Fargo; Jeremy Libby, Senior Manager, Global Real Estate Strategy at American Express; Simon Davis, Vice President, Business Development, Serraview; and Brad Smidt, Senior Vice President, Business Development, GPEC. Moderating the event is Glenn Hodge, Senior Vice President Client Solutions at ISS Facility Services.
The panel will explore a shift as the industry goes from location, location, location to information, information, information: how smart buildings are powering corporate real estate.
The event begins at 11:30 a.m. Registration is $35 for CoreNet Global Arizona members and $70 for non-members. To register go to arizona.corenetglobal.org.
Part III, Cyber Security, is scheduled for Oct. 26
PHOENIX, ARIZ. (September 6, 2017) – Registration is now open for the 2018 CoreNet Global Arizona Golf Tournament. The event, in its second year, is scheduled for January 24, 2018, on the Stadium Course at the TPC Scottsdale.
The event begins with registration at 10 a.m., lunch at 11 a.m., and a shotgun start at 12:30 p.m. at the Tournament Players Club, 17020 N. Hayden Rd., Scottsdale. Foursome registration is $2,500 until September 30. It will increase to $3,000 per foursome after that date.
The tourney will be limited to 25 foursomes. Golfers will play on the Stadium Course the last day before it closes for the PGA Tour’s Waste Management Open.
“The CoreNet Global Arizona Golf Tournament provides a unique opportunity for CoreNet members to play the iconic TPC of Scottsdale, in tournament condition, just days before the Waste Management Phoenix Open,” said CoreNet Global Arizona President Simon Davis of Serraview. “One of our mission’s at CoreNet is to provide our members with the ability to network with peers in the corporate real estate industry. This event provides a great way to meet new people, build relationships, and of course play the famous 16th hole.”
Sponsorship opportunities are available. Contact Kirk McClure at Kirka.firstname.lastname@example.org. Each foursome will receive lunch, invitation to a reception, gift pack, and fore caddy per group.
To register visit the CoreNet Global Arizona website.
PHOENIX, ARIZ. (September 5, 2017) – winslow + partners, a locally-owned firm that offers expertise in architecture, planning, interior design, educational planning, and design thinking, has grown its team with the hiring of three architectural staff members.
Joining winslow + partners are Manisha Dani, Monika Malinowska, and Pablo Mancayo.
- Dani joins the firm as a project manager. She will serve as project manager for mixed-use, multi-story buildings. She possesses a broad experience in healthcare and commercial facility design. Dani holds a Master’s degree in construction science and management from Clemson University and a Bachelor of Architecture degree from Academy of Architecture in Bombay, India. She comes to winslow + partners after 12 years at Orcutt/Winslow and is a member of AIA Arizona.
- Malinowska joins the design team. She has more than six years of diversified architectural planning experience including site planning, building design, and interior design. Malinowska has experience in retail space planning and hospitality design. She earned her Bachelor of Architecture degree from New York Institute of Technology and is a member of AIA Arizona. She previously served as an architectural project manager at a.d.ArizDo.
- Moncayo also joins the design team. A graduate of the Frank Lloyd Wright School of Architecture, Moncayo brings experience in higher education and sports facilities design. He also has experience in graphic design.
“Architecture is about understanding the social construct of the building you are designing and then creating an environment that supports that construct,” said Paul Winslow, FAIA, Partner Architect. “Function and aesthetic are essential to complete the design, but understanding how users will use a building for social interaction is as critical for its success. Growing our team will allow us to build upon these principles.”
Projects from the winslow + partners studio include Jefferson Academy Master Plan, Phoenix, Ariz.; Street Coffee and Tasty Box, 7th Street, Phoenix, Ariz.; Marana School District Facilities Master Plan, Marana, Ariz.; educational design and learning space environment for Gladden Farms Elementary School; Challenger Center addition, Peoria, Ariz.; Facilitation of the Re-Imagining or Balsz School District, Phoenix, Ariz., Heard Building innovation think tank and remodel; and the urban mixed-use project at Country Club and Main, Mesa, Ariz.
PHOENIX, ARIZONA (September 5, 2017) – The NAI Horizon investment sales team of Senior Vice Presidents Lane Neville and Barbara Lloyd represented the seller in $7.1 million disposition sale of Hamstra Square.
The retail-anchored center is located at the NEC of Pecos and McQueen roads in Chandler, Arizona.
NAI Horizon represented Hamstra Square Investors, LLC. The buyer was The Weil Ernst Trust and The Schneider Living Trust. It was represented by Tim Ernst of Terra Marketing.
“Over the past couple of years our owner built value through re-tenanting the anchor space, adding new retail shop tenants, and committing to new capital expenditures for improvements,” Neville said. “Our owner stabilized the net operating income and created additional value with new NOI.”
The 81,148-square-foot retail center is 89 percent occupied. The property was built in 2003. The anchor tenant is KTR Family Action Sports. Other retail tenants include Panda Express, Subway, Buon Padre, Mai Thi Ha, and Academy Day School.
PHOENIX, ARIZONA (August 30, 2017) – NAI Horizon is pleased to announce that Kevin Higgins has joined the company as a Vice President in the Office Properties Group.
Higgins’ primary areas of focus will be office leasing and sales. He possesses more than 26 years of commercial real estate experience and has negotiated more than 1,000 lease transactions. Higgins joins NAI Horizon after stints at Daum Commercial Real Estate and Landmark Commercial Real Estate.
“We are very excited to have Kevin join our team,” said Terry Martin-Denning, President and CEO of NAI Horizon. “He brings great relationships, professionalism, and experience to our expanding office division.”
A native of Chicago, Higgins is a graduate of Arizona State University. He earned a Bachelor of Science degree in real estate. He is an avid trail runner and has completed ultra-marathons in Arizona, Colorado, and Utah. He has completed seven, 50-mile trail runs.