Kidder Mathews announces groundbreaking of The Collective on Ocotillo, a new medical office condominium development  in Queen Creek

Kidder Mathews announces groundbreaking of The Collective on Ocotillo, a new medical office condominium development in Queen Creek

QUEEN CREEK, Ariz. (July 28, 2026) — The Phoenix office of Kidder Mathews is pleased to announce the groundbreaking of The Collective on Ocotillo, a new Class A medical office condominium development located at the SEC of Ocotillo Road and 226th Street in Queen Creek, Arizona.

The $20.1 million project, developed by A.T. Craft of Mesa, Arizona, will provide healthcare professionals and medical users with a rare opportunity to purchase or lease modern medical office space in one of Metro Phoenix’s fastest-growing communities. Construction is underway with delivery anticipated in Q1 2027.

Kidder Mathews is serving as the exclusive listing broker for the project. Perry Gabuzzi, CCIM, Michael Dupuy, and Rachael Thompson of Kidder Mathews’ Phoenix office are marketing the medical office condominium opportunities for sale and lease.

“Demand has been strong. We were aware of a handful of users looking around before launching the marketing campaign. Once we launched, we saw a notable increase in activity and uncovered more interest from owner/users and tenants in the market,” Gabuzzi said.

Strategically positioned along the Ocotillo Road corridor, The Collective on Ocotillo is designed to meet the increasing demand for high-quality healthcare facilities driven by Queen Creek’s rapid residential and commercial growth. The development will offer a total of approximately 48,000 RSF across four buildings, providing flexibility for independent practitioners, specialty medical groups, healthcare providers, and related professional services seeking to establish or expand their presence in the Southeast Valley.

The four-building project will consist of buildings totaling approximately 17,967 SF, 10,677 SF, 9,663 SF, and 9,612 SF. Spaces will be available for purchase or lease and can accommodate users ranging from 2,500 SF to full-building opportunities.

The Collective on Ocotillo has been thoughtfully designed to combine modern architecture, convenient accessibility, and a professional healthcare environment tailored to the needs of providers and their patients. The architect of record for the project is Edifice Architecture; A.T. Meridian is the general contractor.

The project offers frontage along Ocotillo Road with prominent monument and building signage opportunities, a 5:1,000 parking ratio, including covered parking stalls designated for physicians, and excellent ingress and egress from both Ocotillo Road and 226th Street.

Designed to support strong medical co-tenancy and long-term practice growth, the development is located within minutes of Banner Ironwood Medical Center, a 47-room hospital offering emergency services, obstetrics, surgery, and general medical care. The property’s zoning allows for a broad range of clinic, medical, dental, and general office uses.

“Queen Creek is one of the most dynamic growth markets in the Valley, and healthcare infrastructure needs to keep pace with that growth. Every aspect of The Collective on Ocotillo was planned with the provider and the local community in mind. The strong demand from physician groups engaged so far reinforces the need for this type of development. We appreciate the many project partners and the Town of Queen Creek who are helping to make this happen,” said Garret Clifford, CEO of A.T. Craft.

The project is also positioned to benefit from significant surrounding growth. More than 347,000 SF of planned retail development is located within three miles of the site, while Queen Creek continues to rank among the fastest-growing communities in Arizona and the nation. The town’s population has increased nearly 57 percent since 2010 to approximately 83,900 residents and is projected to grow to nearly 148,000 residents by 2035. Thousands of new homes have been delivered in recent years, with roughly 1,600 new housing permits issued annually.

As healthcare providers increasingly seek ownership opportunities to control occupancy costs and build long-term equity, medical office condominiums have become an attractive alternative to traditional leasing. The Collective on Ocotillo will offer buyers the opportunity to own their practice location while also providing leasing options for tenants who prefer operational flexibility.

Market response to the project has been strong. Currently, purchase and sale agreements are out on approximately 13,000 SF, with an additional 25,000 SF actively under negotiation, underscoring the demand for new medical office product in the Queen Creek market.

About Kidder Mathews

Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. The firm performs $9 billion in transactions, manages 54 million square feet of space, and conducts 2,700 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.

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Hunter Contracting Co. announces addition of Shane Banks, P.E., Director of Water/Wastewater

Hunter Contracting Co. announces addition of Shane Banks, P.E., Director of Water/Wastewater

GILBERT, Ariz. (July 27, 2026) – Hunter Contracting Co. (Hunter) is pleased to announce the addition of Shane Banks, P.E., as Director of Water and Wastewater. With more than 30 years of experience in civil construction and water infrastructure, Banks will lead the continued growth of Hunter’s Water and Wastewater Group throughout Arizona.

Banks has built his career delivering complex water and wastewater infrastructure projects for municipalities and private clients across the country. Throughout his career, he has held leadership positions with Alberici Constructors, McCarthy Building Companies, Sundt Construction, and PCL Construction, leading projects ranging from pump stations and treatment facilities to large-scale municipal infrastructure programs.

As a licensed Professional Civil Engineer in Arizona, Banks has led multidisciplinary teams on complex projects valued at more than $535 million. His background in engineering, preconstruction, operations, and project delivery positions him to support Hunter’s continued growth in the municipal water market.

Banks will focus on expanding Hunter’s presence in the municipal and private water markets, strengthening client relationships, mentoring future leaders, and delivering complex infrastructure projects safely, efficiently, and collaboratively.

“From my first conversations with Shane, it was clear he shares Hunter’s commitment to excellence, accountability, and client service. His leadership and experience make him an outstanding addition to our team, and I’m excited to see the impact he’ll have as we continue to grow our water and wastewater business,” said Hunter President Dig Karki, P.E.

Banks served for 21 years in the Arizona Army National Guard, retiring as a First Sergeant after multiple overseas deployments. His military service helped shape the leadership and teamwork he brings to every project.

Banks earned bachelor’s and master’s degrees from Purdue University and is a licensed Professional Engineer in Arizona. His graduate research focused on Construction Manager at Risk (CMAR) delivery for water and wastewater projects.

“Hunter’s deep Arizona roots and community-first reputation were a big part of what drew me to the company. Having worked with Hunter early in my career, I experienced firsthand Hunter’s dedication to quality, and that has stayed with me ever since,” Banks said. “I’m excited to join a talented team, grow our water and wastewater business, mentor the next generation of builders, and continue delivering exceptional projects for our clients and communities.”

Banks enjoys spending time with his wife, Stacie, and their family. He also enjoys traveling, hiking, music, and golf.

 About Hunter Contracting Co.

Founded in 1947, Hunter Contracting Co. is a second-generation, family-owned heavy civil contractor with offices in Gilbert and Tucson, Arizona. Originally established as Hunter Ditch Lining by William R. Hunter, the company was acquired by Armando Taddei in 1961, laying the foundation for the Hunter Contracting Co. known today. The company is currently led by Chairman Max Taddei and Corporate Secretary Amy Ostwinkle. Hunter provides comprehensive preconstruction and construction services for transportation, bridges and structures, buildings, water and wastewater, underground utilities, site development, parks and recreation, and irrigation and flood control projects throughout Arizona. Hunter is known for delivering complex infrastructure with a focus on safety, quality, and collaboration. For more information, visit www.huntercontracting.com.

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LevRose CRE facilitates long-term industrial outdoor storage lease on E. Reales Rd., in Tucson

LevRose CRE facilitates long-term industrial outdoor storage lease on E. Reales Rd., in Tucson

TUCSON, Ariz. (July 27, 2026) – Scottsdale-based LevRose Commercial Real Estate announced the successful completion of a long-term lease transaction on behalf of the landlord for approximately 3 acres of industrial outdoor storage (IOS) yard space located at 4550 E. Los Reales Road in Tucson, Arizona.

The LevRose Industrial Team of Cameron Miller, Mark Cassell, Landon McKernan, and Joe Jones represented the landlord in the transaction. The tenant is Pro Box Portable Storage, a national secure on-site storage solutions company.

The property offers a strategically located industrial outdoor storage site with frontage along East Los Reales Road and convenient access to Interstate 10 and Tucson International Airport.

The site features approximately 1.5 million SF (34.71 acres) of yard space, multiple points of ingress and egress, water retention infrastructure, and the ability to bring utilities to the property. Approximately 25 acres are fenced and secured, and portions of the property have been graded with aggregate.

“Industrial outdoor storage continues to be one of the most sought-after asset classes in today’s market,” said Cassell, a Partner with LevRose Commercial Real Estate. “This transaction demonstrates the strong demand for well-located, secure yard space that can accommodate growing operational needs.”

The property’s size, accessibility, and proximity to Interstate 10 and Tucson International Airport made it an ideal fit for Pro Box Portable Storage’s long-term operational requirements. The LevRose Industrial Team specializes in industrial, flex, and IOS properties throughout Metro Phoenix.

About LevRose Commercial Real Estate

Founded in 1992, LevRose Commercial Real Estate is a Scottsdale‑based firm providing full‑service commercial real estate solutions across Metro Phoenix. The company represents landlords, tenants, buyers, and sellers across all major product types, offering strategic guidance backed by in-depth market knowledge, comparative analyses, and a personalized, client-first approach. As the official Phoenix affiliate of TCN Worldwide, LevRose connects clients to a global network of independent commercial real estate firms serving more than 200 markets. LevRose brings more than three decades of experience, supported by a robust in‑house marketing team. Learn more at LevRose.com.

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Citywide Commercial RE names industry expert Troy Giammarco to Executive Vice President role

Citywide Commercial RE names industry expert Troy Giammarco to Executive Vice President role

PHOENIX, Ariz. (July 22, 2026) – Citywide Commercial Real Estate is pleased to announce that Troy Giammarco has joined the firm as Executive Vice President, further strengthening the company’s investment sales and commercial brokerage platform throughout Arizona and beyond.

Giammarco will focus on investment sales, office and medical office building transactions, flex development projects, landlord representation, and tenant representation services. His expertise spans a diverse range of property types, including industrial, land, office, retail, and flex properties.

Giammarco brings more than 35 years of commercial real estate experience, offering a unique owner, operator, and brokerage perspective to every assignment. Throughout his career, he has served as a developer, principal owner, asset manager, property manager, and commercial real estate advisor, providing a comprehensive understanding of every stage of the real estate lifecycle.

A recognized specialist in the office sector, Giammarco has represented a diverse client base that includes institutional investors, private owners, domestic and international banks, foreign governments, partnerships, trusts, syndications, and local, regional, national, and international tenants.

Throughout his career, his versatility and deep market knowledge have expanded into telecom, data centers, and technology-related real estate. As a founding member of Insignia/ESG’s National Telecom Team, he helped lead nationwide colocation and telecommunications rollout projects and later assisted in transitioning many of those facilities into data center and alternative technology uses.

He has also advised nearly two dozen foreign governments on ambassadorial office requirements throughout the U.S. and guided private investors on asset repositioning strategies.

“Troy’s extensive experience, market knowledge, and client-first approach make him an exceptional addition to our leadership team,” said Todd Hamilton, CCIM, SIOR, Managing Partner and Designated Broker of Citywide Commercial Real Estate. “His proven track record in investment sales, office leasing, tenant representation, and landlord services will create tremendous value for our clients and further strengthen our position in the marketplace. We are excited to welcome Troy to Citywide and look forward to the continued growth and success he will help drive.”

Giammarco began his commercial real estate career with a development firm in New York City and has since built a successful business serving clients throughout Metro Phoenix and across the country. Over the course of his career, he has completed transactions totaling more than 15 million square feet across more than 40 cities in 20-plus states.

Prior to joining Citywide Commercial Real Estate, Giammarco spent more than a decade with NAI Horizon. Throughout his career, he has also held brokerage positions with Colliers, CBRE/Insignia ESG, and Newmark Knight Frank. He was a founding member of the National Telecom Team at CBRE/Insignia ESG and has played a significant role in mentoring and training commercial real estate professionals throughout his career.

A native of New York City, Giammarco attended the prestigious Bronx High School of Science and King’s College in New York. Outside of the office, he enjoys traveling and spending time with his family as a proud husband and father.

 About Citywide Commercial Real Estate

Citywide Commercial Real Estate is a boutique brokerage firm specializing in industrial, office, and retail properties across the greater Phoenix market. Known for our personalized, hands-on approach, we offer the market expertise of a larger firm with the agility and client-focus of a small, innovative team. Our services go far beyond traditional brokerage — we provide strategic guidance on investment opportunities, tenant attraction, and professional property management. At Citywide, we bring deep insight into the nuances of each property type, offering tailored solutions that align with your unique goals. When you work with us, you’re partnering with a team committed to your success — now and into the future. For more information about Citywide Commercial Real Estate, visit citywidecre.com.

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LevRose CRE welcomes industry leader, office property expert Laurel Lewis, SIOR, as Sr. VP

LevRose CRE welcomes industry leader, office property expert Laurel Lewis, SIOR, as Sr. VP

SCOTTSDALE, Ariz. (July 15, 2026) – LevRose Commercial Real Estate is proud to announce the hiring of Laurel Lewis, SIOR, as Senior Vice President, further strengthening the firm’s office brokerage platform with one of Arizona’s most respected and accomplished commercial real estate professionals.

Lewis brings more than three decades of experience in office tenant representation, lease negotiations, commercial property sales, and strategic real estate advisory services throughout Metro Phoenix and the Southwest. Throughout her distinguished career, she has built a reputation for delivering exceptional results through market expertise, creative problem-solving, unwavering ethics, and a client-first approach.

As an office specialist, Lewis has represented office users and occupiers across many industries, helping businesses identify opportunities, negotiate favorable outcomes, and make informed real estate decisions. Her extensive experience includes supporting the successful expansion of major organizations entering the Phoenix market and advising clients through complex transactions with confidence and efficiency.

“We are thrilled to welcome Laurel to the LevRose team,” said Mike Baumgardner, President of LevRose Commercial Real Estate. “Her reputation for professionalism, deep market knowledge, and trusted advisory approach is unmatched. Laurel has earned tremendous respect throughout the industry, and her expertise in office properties will bring tremendous value to our clients and our firm. Just as importantly, she embodies the collaborative culture and integrity that define LevRose.”

Lewis’ impact extends well beyond brokerage. During a career that began at a time when few women were represented in commercial real estate, she has become a role model and mentor to countless professionals entering the industry. A strong advocate for advancing women in commercial real estate, she regularly shares her knowledge and experience with the next generation of industry leaders.

“Commercial real estate has given me opportunities to grow professionally and personally, and I believe strongly in helping others find their own path to success,” Lewis said. “I am excited to join LevRose, a company known for its entrepreneurial spirit, client-focused culture, and commitment to excellence. I look forward to helping clients achieve their goals while contributing to the continued growth of the firm.”

Throughout her career, Lewis has earned numerous recognitions, including being named among AZRE Magazine’s People to Know in Commercial Real Estate and Most Influential Women in Commercial Real Estate. She holds the prestigious SIOR designation, widely recognized as one of the highest professional achievements in the commercial real estate industry. Before joining LevRose, Lewis held senior brokerage positions with several of Arizona’s leading commercial real estate firms.

Beyond brokerage, Lewis has dedicated significant time to community service and volunteerism. Her involvement has included leadership and volunteer roles with organizations such as the Arizona Animal Welfare League, the Valley Partnership Community Project, New Pathways for Youth, Andre House, McDowell Sonoran Conservancy, and the AZ Lost Boys Center. Her commitment to serving the community reflects the same passion and dedication she brings to her clients every day.

A graduate of the University of Phoenix, Lewis earned a Bachelor of Science in Business Administration and has built a career defined by networking, discipline, ethical leadership, continuous learning, and an unwavering dedication to client success.

Lewis’ arrival underscores LevRose’s continued investment in top talent and commitment to delivering best-in-class brokerage and advisory services across Arizona.

About LevRose Commercial Real Estate

Founded in 1992, LevRose Commercial Real Estate is a Scottsdale‑based firm providing full‑service commercial real estate solutions across Metro Phoenix. The company represents landlords, tenants, buyers, and sellers across all major product types, offering strategic guidance backed by in-depth market knowledge, comparative analyses, and a personalized, client-first approach. As the official Phoenix affiliate of TCN Worldwide, LevRose connects clients to a global network of independent commercial real estate firms serving more than 200 markets. LevRose brings more than three decades of experience, supported by a robust in‑house marketing team. Learn more at LevRose.com.

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Terracon Materials Project Manager Brent Turtle promoted to Senior Associate in Phoenix office

Terracon Materials Project Manager Brent Turtle promoted to Senior Associate in Phoenix office

TEMPE, Ariz. (July 14, 2026) – Terracon is proud to announce the promotion of Brent Turtle to Senior Associate. Turtle has been an integral part of Terracon for the past 10 years and currently serves as a Materials Project Manager.

In addition to his project management responsibilities, he serves as Co-NAM and Co-Lead for the Rocky Mountain Traveling Tech Program, supporting technical excellence and collaboration across the region.

Born and raised in Pensacola, Florida, Turtle earned an Associate of Arts degree in Fire Science from Pensacola Junior College and an Associate of Arts degree in Crisis/Emergency/Disaster Management from Pensacola State College.

Throughout his career, he has demonstrated a strong commitment to professional growth, client service, and mentorship.

“Brent’s promotion to Senior Associate reflects the leadership, technical expertise, and dedication he brings to Terracon every day,” said Bart Pierce, Principal and Department Manager of the Materials Group at Terracon. “Over the past decade, he has earned the respect of our clients and colleagues through his commitment to excellence, willingness to support others, and passion for developing future leaders. We are excited to recognize his contributions and look forward to his continued success in this expanded leadership role.”

Outside of work, Turtle enjoys spending time with his family. A devoted husband and father, he can often be found hunting and fishing outdoors, playing baseball with his son, or enjoying a round of golf with his daughter.

His promotion to Senior Associate recognizes his significant contributions to Terracon’s success and his ongoing commitment to serving clients, supporting colleagues, and advancing the company’s mission.

 About Terracon

Terracon is an employee-owned multidisciplinary consulting firm comprised of more than 8,000 curious minds focused on solving engineering and technical challenges from more than 200 locations nationwide. Our talented employee-owners provide on-time and real-time data-driven insights to create an unmatched client experience that spans the lifecycle of any project, any size, anywhere. Start to explore with us by visiting terracon.com.

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Arizona Commercial Real Estate propels through Q2 on strong closings, development, demand 

Arizona Commercial Real Estate propels through Q2 on strong closings, development, demand 

PRESCOTT, Ariz. (July 14, 2026) – Arizona Commercial Real Estate (ACRE), an Arizona-based full-service commercial real estate firm, continued its strong momentum throughout the second quarter of 2026, highlighted by significant transactions, new industrial development activity, and ongoing investment across Central Arizona.

Among the quarter’s most notable achievements was the introduction and vertical development of Lone Sky 3, a new ±62,800 SF Class A flex industrial project located at 9200 E. Florentine Road in Prescott Valley. The development features 10 flexible suites ranging from ±1,820 SF to ±19,780 SF designed to accommodate warehouse, flex, and light industrial users. With modern architecture, grade-level loading, generous clear heights, energy-efficient construction, and customizable office build-out options, Lone Sky 3 is positioned to meet the growing demand for high-quality industrial space in one of Arizona’s fastest-growing commercial corridors.

The quarter also included the successful sale of an industrial/commercial warehouse facility in Camp Verde for $1.9 million, underscoring continued investor confidence in the Verde Valley industrial market and strengthening demand for quality industrial assets throughout the region.

Lone Sky 3 features 10 flexible suites ranging from ±1,820 SF to ±19,780 SF designed to accommodate warehouse, flex, and light industrial users.

Additionally, ACRE completed the sale of 3600 Ranch Drive in Prescott for $1.25 million, further demonstrating the firm’s ability to successfully market and transact commercial properties across multiple asset classes and geographic markets.

“Our team continues to see strong interest from investors, business owners, and developers who recognize the long-term opportunities throughout Central and Northern Arizona,” said Matthew Fish, Co-Owner of Arizona Commercial Real Estate. “The combination of business growth, population migration, and quality commercial inventory continues to drive meaningful activity across industrial, retail, office, and investment sectors.”

The second quarter also showcased the breadth of ACRE’s expertise, from introducing large-scale industrial developments to helping local businesses establish and expand their presence in the community.

Notable transactions included securing a downtown Prescott location for Heavy Hitter Smash Burger and assisting Salt & Pepper Café with its relocation to Prescott Valley, highlighting ACRE’s ability to serve clients across industrial, retail, and hospitality sectors.

Looking ahead to the second half of 2026, ACRE expects continued demand for industrial and flex space, increasing interest from regional and out-of-state investors, and ongoing opportunities created by Central Arizona’s sustained economic and population growth.

The firm’s development pipeline, active listings, and leasing assignments position ACRE to remain at the forefront of the region’s evolving commercial real estate landscape.

“With several projects underway and new opportunities emerging across the market, we are optimistic about the next six months,” said Lacey Fish, Co-Owner of Arizona Commercial Real Estate. “Our focus remains on helping clients achieve their real estate goals while contributing to the economic vitality of the communities we serve.”

These accomplishments, combined with continued leasing activity, strategic marketing initiatives, and a growing development pipeline, reinforce Arizona Commercial Real Estate’s commitment to delivering exceptional results for clients and supporting the continued economic growth of Central Arizona.

With modern architecture, grade-level loading, generous clear heights, energy-efficient construction, and customizable office build-out options, Lone Sky 3 is positioned to meet the growing demand for high-quality industrial space in one of Arizona’s fastest-growing commercial corridors.

 About Arizona Commercial Real Estate

 Arizona Commercial Real Estate (ACRE) is a full-service commercial real estate brokerage and advisory firm serving Prescott, Prescott Valley, Chino Valley, Camp Verde, Cottonwood, Sedona, and communities throughout Arizona. Owned by Matthew Fish and Lacey Fish, ACRE specializes in commercial sales, leasing, investment properties, land, industrial development, and business consulting services. For more information, call (928) 515-2113 or visit arizonacre.com.

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LevRose Commercial Real Estate facilitates $6.8M sale of two-story Midtown Phoenix office building

LevRose Commercial Real Estate facilitates $6.8M sale of two-story Midtown Phoenix office building

SCOTTSDALE, Ariz. (July 9, 2026) – LevRose Commercial Real Estate announced the successful sale of 702 E. Osborn Road, a ±35,346 SF, two-story office building in the heart of Midtown Phoenix, for $6.8 million.

Jason Reddington, CCIM, and Keri Davies, Partners with LevRose CRE, represented the seller, 702 E. Osborn LLC, in the transaction.

The sale is notable in today’s Valley office market and represents one of the larger recent owner/user office acquisitions in Midtown Phoenix. The property’s acquisition by an owner-user, combined with its existing in-place income stream, makes the transaction a meaningful benchmark for the Midtown Phoenix office sector and a relevant comparable sale for market participants evaluating office assets in the current environment.

Located at the prominent intersection of 7th Street and Osborn Road, directly across from the historic Phoenix Country Club, the property offers exceptional visibility, monument signage, structured parking, and convenient access to SR-51, I-10, and Loop 202. The asset was approximately 83 percent occupied at the time of marketing and featured a strong income profile anchored by long-term tenants.

“While the office market has faced challenges over the last several years, quality assets in exceptional locations continue to attract strong buyer interest,” Reddington said. “This sale, which generated multiple offers, demonstrates that well-positioned office properties offering a combination of occupancy flexibility and stable in-place income remain highly desirable. We believe this transaction will serve as a significant market comp for owner-user office acquisitions in Midtown Phoenix moving forward.”

Built in 1984, the two-story office building and adjacent lot/land include 138 parking spaces, with a substantial portion of them covered and in garages. The property has benefited from significant capital improvements, including updated common areas and renovated office suites, further enhancing its appeal to both investors and owner-users.

The Midtown Phoenix location places the property within walking distance of numerous restaurants and coffee shops, and business amenities, such as Starbucks, Gadzooks Enchiladas and Soup, and Taco Guild, while its proximity to major transportation corridors continues to make it one of the Valley’s most sought-after office submarkets.

The buyer, Maryam Parman of Avrek Law – AZ E Osborn LLC, was represented by Mike McQuaid and JD Marsh with Newmark.

About LevRose Commercial Real Estate

Founded in 1992, LevRose Commercial Real Estate is a Scottsdale‑based firm providing full‑service commercial real estate solutions across Metro Phoenix. The company represents landlords, tenants, buyers, and sellers across all major product types, offering strategic guidance backed by in-depth market knowledge, comparative analyses, and a personalized, client-first approach. As the official Phoenix affiliate of TCN Worldwide, LevRose connects clients to a global network of independent commercial real estate firms serving more than 200 markets. LevRose brings more than three decades of experience, supported by a robust in‑house marketing team. Learn more at LevRose.com.

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Rethinking the multi-billion-dollar ‘Turnover Tax’: Expert’s plan to restore value across U.S. assets

Rethinking the multi-billion-dollar ‘Turnover Tax’: Expert’s plan to restore value across U.S. assets

PHOENIX, Ariz. (June 29, 2026) – Commercial real estate is bleeding talent. According to industry-standard research by CEL & Associates and the National Apartment Association, annual turnover in property management exceeds 32 percent, a systemic infrastructure failure that drains net operating income (NOI) across both commercial and multifamily portfolios.

With property management facing an infrastructure crisis, Daniel Mazzon, an Arizona trailblazer, commercial real estate philanthropist, and founder of Mazzon, has been turning the industry’s multi-billion-dollar required property maintenance, capital project, and building emergency spending into a workforce development program protecting asset NOI.

This high turnover directly drains NOI by forcing assets to absorb the steep, recursive costs of constant recruiting, retraining, and the inevitable operational inefficiencies that devalue properties. The Mazzon network has been providing a structural solution that reduces this “Turnover Tax” by converting mandatory maintenance budgets into a self-sustaining workforce development engine.

“It’s not the property managers, property management companies, or vendors’ fault; it’s the infrastructure,” Mazzon said. “The current infrastructure is squandering billions on routine work that does nothing to stabilize assets. Mazzon captures that existing spend and redirects it into growing human capital that protects NOI.”

The Mazzon model functions as a dedicated financial infrastructure that is defending and growing asset NOI. Property management firms continue to operate within their existing, competitive three-bid mandates. However, when they award contracts to Mazzon Certified partners – the industry’s highest standard for vendors that measures competitive pricing, market stability, comprehensive customer references, prompt communication, customer engagement and community contribution – the transaction triggers an automatic, philanthropic donation from Mazzon to The Mazzon Foundation and Mazzon University education programs.

According to 2026 industry benchmarks from Gartner and Crestmont, service providers typically allocate approximately 8 percent of total annual revenue to marketing and an additional 5 percent to 8 percent to business development, creating an inherent 13 percent to 16 percent “Acquisition Tax” baked into vendor pricing. By integrating with Mazzon, these partners significantly reduce the unproductive overhead, allowing them to offer the most competitive pricing and performance available in the market.

To earn this designation, Mazzon certified service partners must submit 10 customer references from 10 different companies, have local stability for five years, dedicate 15 hours of volunteer expert training annually to the property management community at Mazzon University and spend time with their customers four times per year at Mazzon events.

This ensures that every Mazzon Certified partner is more than a service provider to their customers; they are a strategic asset to the property’s stability. To ensure maximum impact, the Mazzon Network has directed all scholarship funds directly to accredited professional schools and institutions, including IREM International, IFMA, and The Arizona Real Estate School.

Within just a few months, the network has successfully awarded seven scholarships to employees across institutional giants, local market leaders, and boutique property management firms, eliminating training costs for these professionals.

This is the beginning to a radical shift in industry economics:

  • Zero-Cost Education: Property management firms and building engineers gain access to premium-grade, certified curriculum and training at no cost to them, their firm or building owner.
  • Fiduciary Alignment: Mazzon Certified partners are contractually mandated to engage directly with property teams and contribute hours of volunteer training, ensuring expertise is shared
  • Asset Protection: By stabilizing the workforce through high-standard training, properties minimize the expensive, recurring costs associated with high turnover.

“Within five years, my goal is that no property management employee, employer, or building owner has to pay for professional licenses, designations, certifications, or trade education in the market,” Mazzon explains.

When a business model changes the status quo of 100 years, it’s normal for the market to think, “This is too good to be true” or “What’s the catch?” Rather than absorbing all of its business profits for self-fulfilling purposes, Mazzon created an infrastructure that helps the entire property management industry by giving them the tools, resources, and opportunities to maximize an asset’s NOI for free.

Mazzon is an Arizona-based organization dedicated to protecting asset NOI through structural infrastructure reform, vendor transparency, and free, high-standard professional development for the property management industry.

For more information visit www.mazzon.org or call (480) 323-0398, or email Mazzon at daniel@mazzon.org

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The IFMA Greater Phoenix Chapter celebrates members, milestones at 2026 Excellence Awards

The IFMA Greater Phoenix Chapter celebrates members, milestones at 2026 Excellence Awards

PHOENIX, Ariz. (June 26, 2026) – The IFMA Greater Phoenix Chapter hosted its annual Phoenix Rising: IFMA Excellence Awards & State of the Chapter, presented by Kary Environmental Services (KES) on June 18 at the Arizona Biltmore Golf Club.

The event brought together facility management professionals, associate members, and students for an afternoon of recognition, leadership announcements, and forward-looking discussion.

With Associate Member of the Year honoree Danny Najarian (KES) serving as master of ceremonies, Phoenix Rising is the chapter’s signature annual celebration, honoring member achievements, celebrating chapter-wide success, and introducing the leadership team guiding the organization into the next fiscal year.

Chapter President David Ramirez with APS delivered the 2026 State of the Chapter.

Chapter President David Ramirez, CFM, LEED AP BDC, CEASM, CMP, delivered the 2026 State of the Chapter, highlighting a milestone year that included recognition as the IFMA Awards of Excellence Large Chapter of the Year (2025) during the chapter’s 40th anniversary. Highlights:

  • Membership increased by 60 members (16.5 percent growth);
  • LinkedIn community surpassed 2,500 followers, with more than 27 percent engagement growth;
  • Launch of the chapter’s first Trade Show;
  • Expansion of FM Roundtable sessions, with hybrid growth planned;
  • Rick Corea Scholarship awarded to Shelton Dube and Viswanathan Selvam
    (Each received $1,500 to attend World Workplace 2025 in Minneapolis).

“As we look ahead, our focus remains on creating meaningful opportunities for our members to connect, grow, and lead,” Ramirez said. “The strength of this chapter lies in its people, and we are excited to build on this momentum with a leadership team committed to innovation and impact.”

Ramirez also introduced the incoming leadership team. Notably, the Executive Board remains unchanged, reflecting continuity and stability. Executive Board:

President: David Ramirez, Arizona Public Service; Immediate Past President: MJ Nagarajan Gomathi, Terracon; VP, Communications & Community: Stephanie Jones,  Allied Universal; VP, Professional Development: Dale Benz, Arizona Public Service Co.; VP, Special Events: Elizabeth Capone Remley, Kowalski Construction; Secretary / Treasurer: Bobbi Jo Huskey, Partitions & Accessories Co.; Chapter Administrator: Kathleen Severson, IFMA Greater Phoenix; and Marketing Coordinator: Kristy Schlesselman, LMI360.

Student Leadership: Student Chapter President: Poornashree Shastri, Arizona State University; and Student Chapter Vice President: Vishwajeet Unmesh Patil, ASU.

Committee Leadership: AGFA, Jared Spangler, City of Peoria, and Pete Peralta, City of Goodyear; Community Outreach, Zachary Kann, ProServ Commercial Cleaning; Golf Committee, Ted Ritter, LMI360; Membership, Tiffany Pennington, Encore Landscape Management, and Shelly Carley, ACS Building Services; Programs, Gomathi; Social Events, Ginger Morton, Ghaster Painting & Coatings, and Kaitlyn Schares, RestorationHQ; and Sponsorship, Nickol Shaffer and Samantha Perkowski, Precision Concrete Cutting.

Phoenix Rising 2026 featured an expert panel on one of the most pressing issues in facility management: hybrid work. Moderated by Dale Benz, CFM, FMP, VP of Professional Development, the all-female panel explored perspectives across facilities, workplace strategy, and real estate. It featured Stephanie Allen, Director, Facilities, Transportation & Water Resources, APS; Jennifer King, Director, Workplace Consulting, Steelcase; and Kristen Comer, FMP, QPCR, Hybrid Workplace Leader, Farmers Insurance.

The awards ceremony honored outstanding achievements across the chapter. Top Honors:

  • Lifetime Achievement in Facilities Management: Awarded to Jody Hawkins, FMP, CFM, SFP, recognizing a distinguished 35-year career and more than two decades of service to the IFMA Phoenix Chapter. His leadership, mentorship, and industry contributions have had a lasting impact.
  • FM Project of the Year: Awarded to the Town of Queen Creek for the Gail A. Barney Public Safety Support Facility, accepted by Vincent Mauro, Facilities Services Superintendent. The project exemplifies excellence in planning, design, and operational performance.

2026 Award Winners

  • Lifetime Achievement, Jody Hawkins;
  • Professional Member of the Year, Pete Peralta, Jr.;
  • Associate Member of the Year, Danny Najarian (KES);
  • FM Project of the Year, Town of Queen Creek;
  • Rising Star, Shelton Dube;
  • Committee of the Year, Sponsorship & Trade Show Committee;
  • Committee Member of the Year, Xarissa Merkley.

The chapter extends sincere gratitude to its 2026 event sponsors for their support. Facility management professionals and industry partners are encouraged to get involved with the IFMA Greater Phoenix Chapter to build connections, access resources, and advance their careers.

Phoenix Rising is the IFMA Greater Phoenix Chapter’s premier annual event, combining a State of the Chapter address, leadership announcements, an expert panel discussion, and member awards and recognition. The event celebrates both individual excellence and the collective growth of the chapter within the global IFMA community.

Phoenix Rising 2026 featured an expert panel on one of the most pressing issues in facility management: hybrid work. Moderated by Dale Benz, CFM, FMP, VP of Professional Development, the all-female panel explored perspectives across facilities, workplace strategy, and real estate. It featured Stephanie Allen, Director, Facilities, Transportation & Water Resources, APS; Jennifer King, Director, Workplace Consulting, Steelcase; and Kristen Comer, FMP, QPCR, Hybrid Workplace Leader, Farmers Insurance.

About the IFMA Greater Phoenix Chapter

The IFMA Greater Phoenix Chapter is one of the largest IFMA chapters in the nation and the recipient of the 2025 IFMA Awards of Excellence Large Chapter of the Year. Founded more than 40 years ago, the chapter serves facility management professionals across the Greater Phoenix metropolitan area through education, networking, professional development, and community outreach. For more information, visit ifmaphoenix.org.

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