by Peter Madrid | Nov 7, 2017 | News & Updates
PHOENIX, ARIZONA (November 7, 2017) – NAI Horizon negotiated the $3.1 million sale of building in Phoenix that will serve as the new offices, adoption center, and no-kill shelter for the Phoenix Animal Care Coalition (PCAA911).
The NAI retail properties team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega, and Associate Patrick Anthon represented the buyer, the Virginia B. Jontes Foundation of Phoenix.
“It was a privilege working with an organization that is doing great things for animals in need of care and getting them adopted,” Gerow said. “I can’t say enough about the organization and people involved.”
PACC911’s new Village Animal Center, located at 600 N. 40th St., in Phoenix, will also offer affordable veterinary services. The property sits on 5.16 acres of land.
PACC911 brings together more than 100 animal welfare organizations throughout Arizona to create a potent animal rescue community that works together under a unified umbrella.
The seller, RS Tree 40, LLC, of Mesa, Arizona, was represented by Rick Breuer of Presidio Southwest, LLC.
by Peter Madrid | Nov 6, 2017 | News & Updates
PHOENIX, ARIZ. (November 6, 2017) – Technology is having an ever-increasing impact on the real estate and facility management professions. Tools can significantly help deliver efficiencies and cost savings and are creating new ways of conducting business.
CoreNet Global Arizona and IFMA Greater Phoenix are joining forces at a forum which will provide perspectives on technology, discuss the impact of the Internet of Things (IoT), and discuss best practices in implementing technology.
The event is scheduled for Thursday, November 16, at Wells Fargo Bank, 2800 S. Price Rd., Chandler, Arizona. Registration begins at 7 a.m. The event wraps up at 12:30 p.m.
Panelists are from some of the largest employers in Metro Phoenix as well as special guests representing large global firms and technology specialists. They include Ed Buckley, Shared Services, CRE, Facilities and Operations Leader, Ericcson; Calvin Crowder, Vice President of Global Real Estate, GoDaddy; Dhaval Gajjar, Construction Manager, Harkins Theatres; Kim Castle, Assistant VP, MetLife; Leo Bauman, VP and Manager, Wells Fargo; Marcie Rhodd, Western Region Facilities Engineering Manager, Fiserv, Inc., Brent Fuller, Director of Real Estate and Facilities at Apollo Education Group; Philip Grossberg, VP, Global Real Estate and FM; and Guy Messick, Director, Design Intelligence, IA Interior Architects.
“The CoreNet Global Arizona Chapter is excited to be partnering with IFMA Phoenix to deliver exceptional content to our combined membership,” said Simon Davis, President of CoreNet Global Arizona and Sales Director at Saltmine. “The power of the two associations to attract an exceptional quality of speakers and industry experts will provide for a highly educational half day of content.
“Technology is a core driver for both the real estate and facilities management professions. We see a need to deliver exceptional systems to support our building occupiers as well as the adoption of technology that can help enable strategic corporate objectives, whether they be cost savings, employee attraction, and retention, or improved productivity and collaboration. We are excited that we have expert views from thought leaders including what will be a powerful keynote on ‘Smart Cities, Wellness and The Future of Work,’” Davis said.
In addition, the event will feature local and national corporations; service providers including Cushman & Wakefield and IA; tech innovators such as Serraview and Draw Alert; and education and government representatives from the University of Arizona and the City of Scottsdale.
Registration fee is $70 for the entire program. Click here to register.
by Peter Madrid | Oct 30, 2017 | News & Updates
REIAC Southwest brings nationally recognized economist to Phoenix Nov. 15
PHOENIX, Ariz. (October 30, 2017) – How will Phoenix fare in the next downturn? Can values sustain as interest rates rise? Has national politics undermined growth? Will online sales wipe out bricks and mortar?
These and other questions will be discussed on Nov. 15 as the Southwest Chapter of REIAC presents “When
Dr. Peter Linneman
will the good times end?” – an afternoon with Dr. Peter Linneman at the Arizona Country Club, 5668 E. Orange Blossom Lane in Phoenix.
“Metro Phoenix is highly sensitive to growth in the U.S. economy.” Dr. Linneman said.
“This fact is often overlooked. The area has great long-term growth fundamentals and the rise of Arizona State University will serve the MSA for many decades.”
Registration begins at 3:30 p.m. Dr. Linneman’s presentation begins at 4 p.m. Gary Linhart of ViaWest Group will interview Dr. Linneman beginning at 5 p.m. The afternoon concludes with a networking reception at 5:30 p.m.
For more than three decades, Dr. Linneman has been a critical influence in driving the professionalization of real estate capital markets and the commercial real estate industry. He is the author of the “Linneman Letter,” a highly-regarded quarterly publication for commercial real estate investors first published in 2001.
The founding chairman of the Wharton Real Estate Department, Dr. Linneman taught real estate and finance at the Wharton School of Business for more than three decades. The “Linneman Letter” is an extension of his lectures and teaching style.
This event is open to the public. Registration fee is $125. Register at www.reiacsouthwest.org/event-2572683.
by Peter Madrid | Oct 30, 2017 | News & Updates
GILBERT, ARIZONA (October 30, 2017) – Earthworks Environmental LLC continues its growth in Arizona with the hiring of Compliance Manager Jamie Zanazzo, Principal Cherie Koester announced.
Zanazzo will be responsible for storm water pollution prevention (SWPP), dust inspections, and rain event inspections. Her duties will also include updating site maps, electronic rain logs, and site rain logs. She will represent clients at regulatory inspections.
Zanazzo joins Earthworks Environmental from the Town of Gilbert, where she served as Environmental Compliance Inspector for almost two years. She was responsible for program development and continued education and enforcement of local, county, state, and national regulations for storm water, air quality, and permitting within Gilbert.
“Jamie is the ideal addition to Earthworks,” Koester said. “She is experienced in regulatory and industry matters. I’m excited to see where she leads the East Valley in her consulting.”
Zanazzo was raised in Alaska. She graduated from the University of Oregon with a Bachelor of Science in biology. After college, she worked for the Alaska Department of Fish and Game. She was also a bear-viewing and fishing guide for Redoubt Bay Lodge. Zanazzo and her husband, Matthew, are expecting their first child in February.
Last November, Earthworks Environmental opened an office in the Orlando/Tampa/Jackson, Fla., area. Lead Compliance Manager Mark Hubbard operates the Florida office. The Gilbert, Arizona-based firm also has offices in Texas and Illinois.
Earthworks Environmental services include storm water pollution prevention, dust control, and construction safety compliances. The firm primarily serves land developers, vertical developers, commercial construction, and land holding companies.
by Peter Madrid | Oct 23, 2017 | News & Updates
PHOENIX, ARIZONA (October 23, 2017): NAI Horizon negotiated a long-term lease for Planet Fitness at 15569 W. Bell Rd., in Surprise, Arizona. Prior to this deal, NAI Horizon has recently negotiated long-term leases totaling more than $15 million for Planet Fitness locations in Tempe, Phoenix, Goodyear, and Peoria.
The NAI Horizon retail properties team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega, and Associate Patrick Anthon represented the tenant, Planet Fitness, in the Surprise transaction totaling $2.8 million.
“This transaction has been two years in the making as the property has gone through receivership and multiple owners,” Tworek said. “Planet Fitness has analyzed the demographic profile of Surprise and is excited to expand into that market and capitalize on a good piece of real estate.”
The new Surprise Planet Fitness location will take up 27,059 square feet at the intersection of Bell and Reems roads.
The landlord, 15601 Bell Road, LLC, of Scottsdale, Arizona, was represented by Brian Gast of Velocity Retail Group.
by Peter Madrid | Oct 18, 2017 | News & Updates
(PHOENIX, ARIZ., Oct. 18, 2017) – More than 60 artists and vendors will display their talents and wares on Saturday, Nov. 4, at the Sunnyslope Art Walk.
The event, sponsored by the Sunnyslope Village Alliance (SVA), runs from 11 a.m. to 4 p.m. at Sunnyslope High School, 35 W. Dunlap Ave., in Phoenix. Admission is free.
Parking will be available at the Sunnyslope High east and swimming pool lots. Organizers are asking for a $3 parking donation with proceeds benefitting the Viking Town Diversity Club.
“The Sunnyslope Village Alliance is pleased to bring the Art Walk back. The excitement from the community has really been inspiring,” said SVA President Larry Macias, owner of Thirteenorth Grille. “We look forward to this Art Walk and many more.”
Those attending the event may register for gift certificates from local businesses.
Artists interested in a booth can visit sunnyslopeartwalk.com/artist-application/ or call 602-478-8276 or email sunnyslopeartwalk@gmail.com. For more information on the Art Walk visit sunnyslopeartwalk.com.
by Peter Madrid | Oct 17, 2017 | News & Updates
PHOENIX, ARIZONA (October 17, 2017) – NAI Horizon Senior Vice President Laurel Lewis and Vice President Tom Bean, CCIM, negotiated two long-term office leases totaling $1.29 million on behalf of the landlord, the State Bar of Arizona, at 4201 N. 24th St., in Phoenix.
NAI Horizon negotiated a long-term lease worth $955,185 for Arizona Foundation for Legal Services and Education. It will lease 4,962 square feet. The nonprofit foundation prepares Arizona youth for civic responsibility and provides access to justice for Arizonans most in need.
NAI Horizon also negotiated a long-term lease worth $337,445 for Weight Watchers of Arizona, Inc. It will occupy 2,878 SF.
“The tenants that choose to locate at 4201 N. 24th St. enjoy the value that the State Bar of Arizona adds through enhanced security and a high level of attention to property maintenance,” Lewis said. “It also provides an attractive and up-to-date building on all levels as well as close proximity to the attractive and amenity-rich Camelback Corridor.”
Built in 1985, the building totals 68,710 SF. Other tenants include Tyler Allen Law Firm and Total Networks.
“The State Bar provides stable ownership and is a wonderfully responsive landlord,” Bean said. “We will have our last available space coming to market and ready for occupancy in Q1 2018.”
Weight Watchers was represented by Jack Stone of JMS Commercial Real Estate Services.
by Peter Madrid | Oct 17, 2017 | News & Updates
Author of the ‘Linneman Letter’ to speak Nov. 15 at Arizona Country Club
PHOENIX, Ariz. (October 17, 2017) – For more than three decades, Dr. Peter Linneman has been a critical influence in driving the professionalization of real estate capital markets and the commercial real estate industry.
The Southwest Chapter of REIAC presents “When will the Good Times End?” – an afternoon with Dr. Peter Linneman. The event is scheduled for Nov. 15 at the Arizona Country Club, 5668 E. Orange Blossom Lane in Phoenix.
Registration begins at 3:30 p.m. Dr. Linneman’s presentation begins at 4 p.m. Gary Linhart of ViaWest Group will interview Dr. Linneman beginning at 5 p.m. The afternoon concludes with a networking reception at 5:30 p.m.
“REIAC prides itself on institutional quality programs where our members have the opportunity to share experiences and knowledge with some of the most established leaders in commercial real estate,” said Programs Committee Chair Todd Jarman of BBVA Compass. “This year’s keynote event featuring Dr. Peter Linneman is one that we are extremely excited about. It promises the opportunity for our guests to interact and learn from one of the most respected scholars in our industry.
“Dr. Linneman’s ability to assess and simplify the ever-changing macroeconomic, political, and capital market environments – particularly as they relate to commercial real estate – will make this the ‘must-attend’ program of the year,” Jarman said.
Dr. Linneman is the author of the “Linneman Letter,” a highly-regarded quarterly publication for commercial real estate investors first published in 2001. The founding chairman of the Wharton Real Estate Department, Dr. Linneman taught real estate and finance at the Wharton School of Business for more than three decades. The “Linneman Letter” is an extension of his lectures and teaching style.
This event is open to the public. Registration fee is $125. Register at www.reiacsouthwest.org/event-2572683.
by Peter Madrid | Oct 12, 2017 | News & Updates
PHOENIX, ARIZONA (Oct. 12, 2017) – NAI Horizon Senior Vice President Jeff Adams represented the buyer in the $1.77 million acquisition of a freestanding industrial building at 3324 E. Atlanta Ave., in Phoenix.
Adams represented Thronson Enterprises, LLC, of Tempe, Arizona, in its purchase of the 21,400-square-foot property that includes a canopy area and large, fully-fenced and paved lot.
“I worked hand-in-hand with this very responsive, patient buyer for nearly a year on numerous opportunities,” Adams said. “The available inventory of premium properties in Metro Phoenix that you can still buy at reasonable numbers is woefully low.
“We were able to locate an unlisted opportunity and negotiate a deal that was good for both the buyer and seller. TSI was one of the better clients I have worked with and they are enamored with the deal, which included lease-back income and an optimum user opportunity,” Adams said.
The buyer is a professional signage and operations management company for several industries, including professional golf tournaments.
The seller, 213 Leasing, LLC, of Phoenix, was represented by Lance Ross of Ross Property Advisors.
by Peter Madrid | Oct 11, 2017 | News & Updates
PHOENIX, ARIZ. (October 11, 2017) – CoreNet Global Arizona wraps up a three-part series exploring how a connected world is transforming its interaction with the workforce.
The Arizona chapter in August launched a series exploring the “Internet of Things,” and how it has changed how the corporate real estate community conducts business.
The final presentation, Cyber Security, is scheduled for Thursday, October 26, at Phoenix Country Club, 2901 N. 7th St.
Panelists include Brett Helgeson, Adopt Technologies; Jeff Lawrence, CyrusOne; and Patrick Hauert, Kudelski Security.
The program will focus on cyber security and issues involving hyper-connectivity and vulnerabilities in the workplace.
“Our cyber security panel is a culmination of our deep dive into how the ‘Internet of Things’ is impacting corporate real estate,” said CoreNet Global Arizona President Simon Davis of Serraview. “This session is applicable to all organizations and will provide a wealth of information that companies need to consider to ensure their data is safe and secure.”
The event begins at 11:30 a.m. Registration is $35 for CoreNet Global Arizona members and $70 for non-members. Register here.
