NAI Horizon negotiates $4.63M sale of iconic, award-winning Phoenix building, 2944 Plaza

NAI Horizon negotiates $4.63M sale of iconic, award-winning Phoenix building, 2944 Plaza

    PHOENIX, ARIZONA (June 26, 2019) – NAI Horizon represented Alva Pinchot, LLC (Frederic Winssinger, Principal), in the $4.63 million disposition of 2944 Plaza, a 28,312 SF office property located at 2944 North 44th St., in Phoenix.

NAI Horizon Senior Vice President Lane Neville and Associate Logan Crum represented the seller. Tenants at 2944 Plaza include NAI Horizon, RW Partners, ORB Architecture, Freestar LLC, Salt Digital and the office of U.S. Congressman Greg Stanton.

The building near the intersection of 44th Street and Thomas Road was designed by award-winning architect Eddie Jones. It earned two prestigious design awards: the American Institute Honor Award and the AIA Western International Design Award.

“The property is strategically located in the heart of the 44th Street corridor with immediate proximity to the acclaimed Arcadia neighborhood, one of the most sought after residential areas in the City of Phoenix,” Neville said.

Jeff Conrad with Lee & Associates was the broker for the buyer, Curran Properties, L.P. of Washington, represented by Michael Dolan, Scott Carson and Carrie Carson.

 

NAIOP Arizona Developing Leaders Young Professional Group honors its 2018-19 class

NAIOP Arizona Developing Leaders Young Professional Group honors its 2018-19 class

     PHOENIX, ARIZONA (June 25, 2019) – A stellar group of 19 protégés was honored recently as the NAIOP Arizona Developing Leaders Young Professional Group (YPG) Mentor Program hosted graduation for the 2018-2019 class at Citizen Public House.

Mentors and protégés gathered June 10 in Scottsdale for a reception, presentations and dinner. The 19 protégés, grouped into four teams, pitched development proposals on their choice of two sites: Cactus Commerce Center, an industrial development; and Summit Business Park, an office development.

Teams were matched throughout the 9-month program and created a development and business plan for the site. The program culminated with project presentations to equity sources, pitching them to invest in their respective deals.

NITTA Commerce Center took home top honors. The proposal was to take down the site in four phases and develop a combination of industrial, flex space and retail. Future phases incorporated self-storage and cold storage.

Team members included Ryan Donahue, Lovitt-Touche; Mark Esslinger, Colliers, Matt Field, Ryan Companies US; Lauren Fisher, Deutsch Architecture Group; Jake Hanvey, Willmeng Construction; and Aaron Kimberlin, McShane Companies. John Orsak of Lincoln Property Company was mentor of the winning team.

“This program is truly a great opportunity for the participating protégés to gain a better perspective of the various aspects of real estate development,” said mentor Cathy Thuringer of Trammell Crow Company. “I have served as a mentor for the last four years, and continue to be a huge advocate of the program for the valuable insight it provides young professionals into the complicated world of development.”

Additional mentors were Megan Creecy-Herman, Prologis; and Molly Carson, Ryan Companies US. Serving on the Investment Committee (judging panel) were Cooper Fratt, CBRE; Gary Anderson, Cushman & Wakefield; Pat Devine, Artis REIT; and Jeanine Jerkovic, City of Surprise Economic Development.

Program chair was Cullen Mahoney of Trammell Crow Company. Co-chairs were Josh Tracy, Ryan Companies US; and Mollie Zemer, Barclay Group.

“The YPG program is educational, collaborative and offers participants a better understanding of how all the pieces of a development come together,” Zemer said. “We had four great presentations this year, all groups chose industrial for this site and each pitch was unique in its offering.”

The rest of the protégés include Alyssa Altosino, Cushman & Wakefield; Justin Arnitz, Lincoln Property Company; Shane Coppedge, Brycon; Tanner Ferrandi, CBRE; Connor Maloney, Transwestern; Matthew Miceli, Midfirst Bank Juan Montoya, Okland Capital; Michael Mulé, Wells Fargo; Cody Pillsbury, Layton Construction; Nico Rochwalik, JOKAKE Construction; Patrick Schrimsher, Cushman & Wakefield; Massimo Sommacampagna, CIMA Holdings, LLC; and Drew Wenger, FCI Constructors, Inc.

Applications for the 2019-2020 NAIOP YPG Mentor Program will be available in September. All NAIOP members who are age 35 or under qualify to participate in the Developing Leaders program, whether they joined through the DL membership category or as part of a corporate membership.

ULI Arizona receives $30,000 to study affordable housing, Vitalyst Health Foundation a key partner

ULI Arizona receives $30,000 to study affordable housing, Vitalyst Health Foundation a key partner

      PHOENIX, ARIZONA (June 25, 2019) – The Urban Land Institute Arizona District Council (ULI Arizona) was recently awarded a $20,000 grant from global ULI’s Building Healthy Places Initiative, with support from the Robert Wood Johnson Foundation, to convene a local task force to study the intersection of health and housing in Arizona.

A key feature that made ULI Arizona’s application stand out is the financial commitment and strong partnership with Vitalyst Health Foundation, which is making an additional $10,000 contribution. ULI Arizona is one of four ULI District Councils (Arizona, Chicago, Sacramento and Tampa Bay) selected to explore land use and transportation barriers to healthy places and identify sustainable and equitable solutions.

“Lack of affordable housing is responsible for some of the most damaging health effects to individuals and families,” says Heidi Kimball, Senior Vice President, Sunbelt Holdings, and incoming Chair, ULI Arizona. “No one entity alone will be able to solve the growing affordability and equity challenges facing our communities. This grant will help us work with development industry, public sector and nonprofit leaders to explore new equitable models and approaches supporting healthy living and affordable housing.”

ULI Arizona and Vitalyst Health Foundation will work closely together and with other community partners (Maricopa Association of Governments, City of Tempe, ASU Stardust Center Affordable Homes and the Family, LISC Phoenix, and others) to examine how the lack of affordable housing in core urban areas exacerbates health inequities and how to shift policies and practices to help more people be healthier and live well in quality housing connected to essential services.

In Metro Phoenix, the gap between what residents earn and housing costs is widening, especially along transit corridors, pricing out the people who benefit the most from living near public transportation options.

C.J. Eisenbarth Hager, Director of Healthy Community Policies for Vitalyst Health Foundation, will co-chair the task force with housing expert Silvia Urrutia, Managing Partner, U Developing, LLC. Hager explains that health is inextricably tied to where people live.

“When you look at life expectancy by ZIP code across the Valley, you see short distances can reveal significant gaps in health,” Hager said. “Children born in the City of Scottsdale can expect to see their 85th birthday, whereas in South Phoenix, people are likely to only reach their 71st. As seen in other communities, ZIP codes can be more important indicators of health than people’s genetic code.”

Working over the course of a year and a half in collaboration with ULI Building Healthy Places Initiative experts and the other awarded District Councils, the task force will develop local action and outreach plans and document a synthesis of best practices that will be shared with communities throughout the region and nationally.

About ULI

The Urban Land Institute is a 501[c][3] nonprofit research and education organization supported by its members. Founded in 1936, ULI’s mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. ULI Arizona is one of the largest and most active District Councils with over 1,100 members statewide. For more information visit www.arizona.uli.org

Pair of sales involving retail building, 1.89 acres of land, long-term lease for furniture distributor highlight recent deals by NAI Horizon   

Pair of sales involving retail building, 1.89 acres of land, long-term lease for furniture distributor highlight recent deals by NAI Horizon  

     PHOENIX, ARIZONA (June 24, 2019) – A pair of sales involving a retail building and 1.89 acres of land and the long-term lease for a furniture distributor highlight transactions recently closed by NAI Horizon professionals.

Sale Transactions:

Sharon Reeves negotiated the sale of a retail building, representing the seller, Vertical Bridge, LLC, for $475,000. The property is located at 7318 W. Indian School Road, Phoenix, AZ. The buyer, Roberto Hernandez, was represented by Russ Lyon Sotheby’s.

Mark Wilcke negotiated the sale of 1.89 acres of vacant land, representing the seller, WINCO, LLC, for $310,000. The property is located at 15675 & 15689 W. Elwood St., Goodyear, AZ. The buyer, ECBP AZ, LLC, was represented by Tarja Panfil with West USA Realty, Inc.

Lease Transactions:

Isy Sonabend represented the tenant, International Furniture Direct, in an 81-month lease for 48,000 SF at 9310 W. Buckeye Rd., Tolleson, AZ. Steve Bodeman with Daum Commercial, represented the landlord, First Industrial.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease for 3,000 SF at 21545 S. Ellsworth Loop Road, Queen Creek, AZ. Marty Olejarczyk with GPS Advisors represented the tenant, SCFoust, LLC.

 Stan Matzinger and Thomas Bean, CCIM, represented the tenant, Congresswoman Debbie Lesko, in a 15-month lease for 2,793 SF at 12515 W. Bell Road, Surprise, AZ. The landlord, 12515 LLC, was represented by Bonnie C. Halley, CCIM, with Colliers International.

Laurel Lewis and Dylan Whitwer represented the landlord, Prolific Business Solutions, LLC, in a 21-month office sublease for 2,015 SF at 11111 N. Scottsdale Road, Scottsdale, AZ. The tenant, Nicole D. Stoutner, PLLC and Steven N. Cole, LLC, was represented by Claudia Lucaire with Realty One Group.

Laurel Lewis represented the tenant, Craig Penrod, in a 12-month renewal lease for 1,885 SF at 301 W. Warner Road, Tempe, AZ.

Matt Harper, CCIM, represented the tenant, John M. Hilland Insurance Agency, Inc., in a 38-month office lease for 850 SF at 4545 E. Southern Ave., Mesa, AZ. The landlord, The Killian Company, was represented by Jeff Sorenson with Sunny Mesa Realty.

Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 36-month retail lease for 1,107 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, SVP Sewing Brands, LLC, represented itself.

Matt Harper, CCIM, represented the landlord, SAJ Properties, LLC, in a 26-month retail lease for 900 SF at 15420 N. 67th Ave., Glendale, AZ. The tenant, Seamless Hair Reflections Studio, LLC, represented itself.

Matt Harper, CCIM, represented the landlord, Arizona MSK, LLC, in a 14-month retail lease for 1,000 SF at 5270 N. 59th Ave., Glendale, AZ. The tenant, Raspados Y Antojitos JCS, LLC, represented itself.

Matt Harper, CCIM, represented the landlord, Puchhi, Inc., in a 12-month renewal lease for 1,020 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, The Greenline Enterprises Brokerage, Inc., represented itself.

 

Arizona Self-Storage Association elects 3 new board members; re-elects 7 current members

Arizona Self-Storage Association elects 3 new board members; re-elects 7 current members

      PHOENIX, ARIZONA (June 25, 2019) – Arizona Self-Storage Association (AZSA), the trade association that represents the self-storage industry in Arizona, recently elected three new board members and re-elected seven board members.

Newly elected board members are David Brown, Wentworth Property Company; Matthew Hall, Stadium Properties / Dollar Self Storage; and Belinda Rosthenhausler, Clear Title Agency of Arizona.

 

David Brown

Re-elected to the board are Bill Alter, Rein & Grossoehme Commercial Real Estate; Diane Gibson, Cox Armored Mini Storage Management, Inc.; Jeff Gorden, Eagle Commercial Realty Services; Dave King, Wentworth Property Company; Martin Lorch, BPI Capital Management, Inc.; Ray McRae, Arizona Mini Storage Management Company/Storage Solutions; and Chris Rudel, The Rudel Company.

AZSA boasts more than 600 facilities in the association owned by approximately 300 owner/operators as well as more than 100 associate members who are both local and national vendors to the self-storage industry.

AZSA holds 25 events a year, including live and virtual (webinar) educational offerings and networking opportunities. Its annual conference is Sept. 25-26, at the Wild Horse Pass Hotel & Casino in Chandler, Arizona. The AZSA Golf Tournament is Sept. 24 at the Whirlwind Golf Club at Wild Horse Pass.

Matt Hall

“AZSA events are a great way to get involved and engage with our membership,” said Executive Director Anne Mari DeCoster. “Our events include five Phoenix networking breakfasts and five Tucson Tuesday happy hours or breakfasts.”

The group also offers workshops in various cities around the state throughout the year and monthly webinars.

Officers for 2019 are: Dave King, President; Diane Gibson, Vice President; Jeff Gorden, Secretary; Martin Lorch, Treasurer; Poppy Behrens, Conference Chair; Carol Mixon Krendl, Education Chair; Travis Morrow, Immediate Past President; and Richard Marmor, Legal & Legislative Chair. Directors include Bill Alter, James Appleton, Matthew Hall, Korey Hanson, Whitney Jurjevich, Andrew Kelly, Ray McRae, Chris Rudel, Belinda Rosthenhausler, Tarik Williams and David Brown.

 About AZSA

Founded in 1996, the Arizona Self-Storage Association was created to strengthen the self-storage industry in Arizona, promote professional standards and quality, and present a unified voice on issues affecting the industry in the state and in its communities. AZSA continues that mission today with approximately 700 facility and vendor members and 300 owners. AZSA works to add and refine services which benefit it members. These services include legislative watch, legal resources, communications, facility and vendor search, educational events and networking and the AZSA Self-Storage Conference & Trade Show.  For more information visit azselfstorage.org.

 

GLHN Architects & Engineers expands Arizona offices with hiring of two electrical engineers

GLHN Architects & Engineers expands Arizona offices with hiring of two electrical engineers

     PHOENIX, ARIZONA (June 17, 2019) – GLHN Architects & Engineers, Inc., an employee-owned firm with more than 50 years of expertise in healthcare and higher education projects, added to its expanding footprint in Arizona with the hiring of two engineers, one in Phoenix and one in Tucson.

Tony Spence

Ye Zhang, PE, joins the Phoenix office as an Electrical Engineer. She will also assist with business development. Tony Spence joins GLHN’s Tucson office as a Senior Electrical Engineer. His experience includes electrical design, power distribution, motor control, grounding, lighting and lightning protection.

Zhang, a native of Beijing, China, possesses 12 years of experience as an electrical engineer. She previously worked at SNC-Lavalin (Canada), SmithGroup, WSP and was an engineer for Katerra. Zhang earned a bachelor of engineering degree from Dalhousie University in Halifax, Nova Scotia, Canada.

Zhang’s philanthropy includes donating money to the Jane Goodall Institute and the Musical Instrument Museum in Phoenix.

“We were fortunate in obtaining two electrical engineers with the experience and enthusiasm that suit the needs of the Phoenix and Tucson offices,” said Robert Alcala, GLHN’s Electrical Engineering Department Manager.

Spence, a native of Alabama, possesses 30 years of engineering experience, including 11 with Boeing. He also worked at KEY Engineering and D&S Consulting Engineers. In his free time Spence enjoys hiking and playing the guitar and drums.

GLHN recently opened a Valley location with Russell Combs named Phoenix Office Lead. GLHN’s professionals are LEED Accredited Professionals in all disciplines. Its services include architecture and electrical, mechanical, and civil engineering.

GLHN excels at medical and laboratory facilities, utility master planning, design of central plants and underground utility distribution systems, complex multi-phased renovation projects, fleet vehicle maintenance facilities, and enhanced systems commissioning.

 

 

About GLHN Architects & Engineers, Inc.

GLHN is an employee-owned firm established in 1963 with a professional staff of more than 50. It operates offices in Phoenix and Tucson. The Phoenix office recently opened. Staff includes LEED Accredited Professionals in all disciplines, Certified Energy Managers, Building Energy Simulation Analysts, Certified Commissioning Authorities and Technicians, and a Lighting Certified designer. GLHN has worked for the Department of Veterans Affairs continuously since 1975 and has completed projects at more than 120 VA Medical Centers nationwide. GLHN has also worked for nearly two dozen higher educational institutions, developing innovative campus carbon reduction programs.

GLHN embraces technological advancements in the A/E industry for the benefit of its clients and believes Building Information Modeling (BIM) is the future of the design and construction industry. The firm utilizes fully-integrated 3D design, using the Autodesk Autocad-based Revit and Civil3D platforms. For more information visit glhn.com.

NAI Horizon negotiates long-term lease for  importer, distributor of furniture in Tolleson

NAI Horizon negotiates long-term lease for  importer, distributor of furniture in Tolleson

     PHOENIX, ARIZONA (June 12, 2019): NAI Horizon represented the tenant in a long-term lease for a furniture importer at 9310 W. Buckeye Road, in Tolleson, Arizona.
     NAI Horizon Senior Vice Presidents Isy Sonabend represented International Furniture Direct of Houston, Texas, in a new lease totaling $1.63 million.
      “International Furniture Direct has doubled its footprint in Phoenix to meet the increasing demands for their product lines in the U.S.,” Sonabend said. “IFD is engaged in a long-term strategy of growth in Arizona while expanding its territorial reach.
       International Furniture Direct, a case goods manufacturer with two factories in Mexico, is taking up 48,000 SF of a 250,000-SF industrial building in the much sought-after Southwest Phoenix submarket. Its product lines include dining and bedroom furniture, entertainment units, occasional tables, consoles, bars, barstools and more.
      IFD occupies four U.S. warehouses strategically situated in Phoenix, Houston, Atlanta and Chicago.
     The landlord, First Industrial c/o Merit Partners, Inc., of Scottsdale was represented by Steve Bodeman of Daum Commercial.
Developer breaks ground on Village at Pebble Creek, Goodyear single-family rental community

Developer breaks ground on Village at Pebble Creek, Goodyear single-family rental community

     GOODYEAR, ARIZONA (June 12, 2019) – Buoyed by a strong economy and a robust demand for rental housing in the Valley, Scottsdale-based The Empire Group of Companies last week broke ground on the Village at Pebble Creek.

Village at Pebble Creek is a single-family rental concept located at the southwest corner of Pebble Creek Parkway and West Virginia Avenue. It allows renters the convenience and privacy of a house with all the benefits of a traditional rental. It’s expected to open in December.

“What we’re doing here as developers is solving a problem,” said Randy Grudzinski, Head of Capital Markets for The Empire Group. “Maricopa County is the fastest growing market in America. Because of this growth, by 2020 we could face rental deficit of 20,000 to 30,000 units. There really isn’t enough supply.”

Grudzinski said the Village at Pebble Creek will be an attractive option to two demographics – millennials and those who prefer the convenience of renting over owning.

“Our intent is to solve this bowling ball of demand. This is one way of doing that,” Grudzinski said.

Village at Pebble Creek will feature 184 rental homes on a 15-acre site in a gated community. Amenities include pet park and pet salon; swimming pool, hot tub, firepit and barbeques; resident clubhouse with WiFi, community table, kitchen and 80-inch flat screen TV; fitness center; automated package lockers; and high-speed fiber optic Internet delivery.

In addition, each home will feature a fenced private backyard with dog door and Smart Home technology including digital thermostat, lighting controls, keyless door entry, doorbell with camera – all controlled from a smart phone or tablet app.

Kitchen amenities include stainless steel appliances including range, dishwasher, microwave, refrigerator and washer and dryer. Village at Pebble Creek will offer 1-, 2-, and 3-bedroom homes.

“We are planning for our first units to be available around the end of this year,” said Kirk Larson, Vice President of Construction for The Empire Group,” then delivering about 20 more units on a monthly basis.”

According to The Empire Group Founder and Principal Richard Felker and Principal Geoffrey Jacobs, the ownership group’s strategy is the launching of the Village brand in Goodyear with the addition of more Village communities to other parts of the Valley.

Goodyear makes sense for the Village brand with its highly-educated and skilled workforce Southwest charm. Goodyear has created the right economic conditions for businesses to thrive. There is easy access to Interstate 10, the Loop 101 and Loop 303 freeways as well as excellent transportation access to regional airports and rail services.

“This city council embraces development,” said Goodyear Mayor Georgia Lord, who was in attendance. “We really appreciate a company like The Empire Group picking this little piece of dirt. You were really smart in your research. Goodyear is one of the fastest growing cities in the Valley. With companies moving here, thank you for making this choice.”

Stellar Residential will handle property management for the Village at Pebble Creek.

“There is more to come from The Empire Group and its single-family rentals venture,” said Dale Phillips, President of Stellar Residential. “It’s even more exciting for Stellar Residential as we have been chosen to be the property management company.”

The construction and design team comprise general contractor, LSH; and architect of record, Felten Group. Subcontractors include Terrascape Consulting, civil engineering; McGough/Adamson, landscape architecture; StudioDwell, interior design; Wright Engineering, electrical consultants; and Ei, mechanical consultants.

Rendering of the Village at Pebble Creek in Goodyear.

 

About The Empire Group of Companies

As a group of affiliated companies spanning more than 30 years, The Empire Group is recognized as one of the leading residential and commercial real estate developers in the Metro Phoenix market. Over the past three decades The Empire Group has acquired or developed more than 100 properties in more than 35 communities with a combined value in excess of $1 billion. For more information, visit theempiregroupllc.com

About Stellar Residential

Stellar Residential is a provider of property management services for multifamily owners that encompasses all palates of ownership including institutionally owned, privately-held organizations and sole proprietorships of any assets more than 90 units.  The company is focused primarily on Class A and Class B assets, both stabilized and new developments in lease-up, and value-add acquisitions. With keen attention to ethics, innovation, quality and service, Stellar Residential successfully recruits and retains the best and the brightest talent in the business. The combination of process and people have resulted in dramatic company success. In addition, Stellar prides itself in investing in people and technology – both designed to make the life of the residents more satisfying. For more information, visit stellarresidential.com.

Veteran office, industrial specialist Mike Myrick joins NAI Horizon Phoenix brokerage staff

Veteran office, industrial specialist Mike Myrick joins NAI Horizon Phoenix brokerage staff

      PHOENIX, ARIZONA (June 11, 2019) – NAI Horizon continues to grow its Phoenix office with the hiring of industry veteran Mike Myrick, CCIM.

Myrick, who specializes in leasing and sales of office and industrial properties, returns to NAI Horizon after almost four years at Marcus & Millichap. He previously worked at NAI Horizon from 2012 to 2015.

Myrick has been involved in more than 500 million square feet of agency transactions and more than $1 billion in leasing and investment sales transactions. He currently acts in an advisory capacity to a large national financial institution and has also worked for one of the largest private equity funds.

“I’m happy that Mike made the decision to return to NAI,” said Terry Martin-Denning, CEO and Designated Broker of NAI Horizon. “His strong experience and relationships are valuable assets that strengthen our NAI team.”

Myrick holds the prestigious designation of Certified Commercial Investment Member (CCIM).

A native of the Southeast Valley, Myrick earned a BS in business administration from Northern Arizona University in Flagstaff.

Myrick serves as a youth sports coach, has served on various boards and commissions and currently is the President of the Kyrene School District Governing Board.

 

Cadence Living plans new $46M, 191-unit upscale senior living community for Chandler   

Cadence Living plans new $46M, 191-unit upscale senior living community for Chandler  

Cadence at Ocotillo to be newest lifestyle community for seniors in Arizona

SCOTTSDALE, ARIZ. (June 6, 2019) — Cadence Living, an owner, developer and operator of senior living communities, is pleased to announce the purchase of 7.7 acres of land at 100 W. Queen Creek Road in Chandler in partnership with Global Senior Housing.

Cadence at Ocotillo, the Scottsdale-based company’s fourth community in Arizona, marks an overall investment, with partners, of more than $200 million into their senior communities in the state, with an additional $100 million projected in a future pipeline.

Cadence at Ocotillo will provide 191 new studio, one- and two-bedroom upscale apartments for seniors seeking an active, healthy and social lifestyle. The 206,283 SF, $46 million community boasts a Spanish-influenced design and will offer independent living, assisted living and memory care options.

As a vibrant lifestyle community, Cadence at Ocotillo will feature upscale amenities, including restaurant-style dining, casual bistro dining, walking paths, raised garden beds, theatre, art studio, swimming pool and fitness center as well as a robust schedule of intellectual, artistic, and entertainment programming.

“At Cadence, we saw a unique opportunity to fill a gap in the market by offering seniors a lifestyle-focused community that delivers the kind of highly-desirable living options being sought by individuals and couples today,” said Eric Gruber, principal at Cadence Living. “Our culture of wellness, engagement and fun is something we’re very proud to be introducing in Chandler.”

The elegant apartments will include a full-kitchen, washer and dryer, walk-in shower and a 24-hour emergency line. Residents also have access to on-site 24-hour medical services and Cadence’s Red Carpet Concierge services.

Cadence Living manages three additional communities in Arizona. Inspira Arrowhead, located at 20240 N. 78th Ave., in Glendale, celebrated its grand opening on March 28. Inspira Arrowhead is in partnership with locally-owned PB Bell Companies and MT Builders.

Acoya Mesa, opening this summer, is located adjacent to Granite Reef Park in the Alta Mesa neighborhood at 6502 E. Brown Road in Mesa and will bring 170 independent living, assisted living and memory care units. Acoya Scottsdale at Troon, which features views of Pinnacle Peak, is located in North Scottsdale at 10455 E. Pinnacle Peak Parkway.

Acoya Scottsdale at Troon broke ground in November 2018 and plans to open 135 luxury independent and assisted living units in the fall of 2020. Both Acoya projects are being completed with the Ryan Companies US, a well-established developer and contractor in the Valley.

“These developments will create 200 new jobs in our state — excellent growth for this Arizona-based company in just a few short years,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “We congratulate Cadence Living on its continued growth and look forward to supporting its future success in our state.”

“2019 has been an exciting year for us and for Arizona’s senior community,” said Rob Leinbach, principal at Cadence Living. “It’s exciting to partner with Global Senior Housing in Chandler and to see our vision for offering seniors a chance to live their best lives becoming a reality here in Arizona.”

Construction of Cadence at Ocotillo is slated to begin in the fall of this year. Partners on this project include Chandler-based Whitneybell Perry as the architect and locally based Drive Development Partners as construction manager.

About Cadence Living

Established in Scottsdale, Arizona in 2016, Cadence Living is an owner, operator and developer of senior living communities. With communities in Arizona, California, Colorado, Georgia and Tennessee, Cadence Living’s team of professionals are devoted to providing high quality living environments focused on health, wellness and living styles that respect individual preferences while providing supportive services to help people live their best life. With more than 400 employees, Cadence plans to continue to grow regionally. For more information, visit cadencel.com.

About Global Senior Housing

Global Senior Housing specializes in the development of new senior living communities in desirable retirement locations throughout the Western and Southern states. We build every community with the long-term security and prosperity of our investors, partners and residents in mind. Through managing the project development process, we ensure the quality of each community and provide project transparency. For more information, visit globalseniorhousing.com.