BOMA Greater Phoenix elects new officers, board for 2019; Robert Vincent is president

BOMA Greater Phoenix elects new officers, board for 2019; Robert Vincent is president

     PHOENIX, ARIZONA (December 18, 2018) — BOMA Greater Phoenix, the industry group that advances the commercial real estate industry through advocacy, influence, and knowledge, elected its 2019 officers and board members via electronic vote of its membership.

Robert Vincent, Cordia Capital Management, was elected President. He is joined by Vice President Melissa Scott, Sunbelt Holdings; Governor Susan Engstrom, Main Street Real Estate Advisors; Treasurer Jayme Bartholomew, Development Services of America; and Allied Chair Doug Brown, Maintenance Mart.

“I am looking forward to the challenges that lie ahead in 2019,” Vincent said. “We have some exciting things we are delivering next year. We are revamping the committee structures and producing top quality educational events for our membership. I also believe that we must continue our advocacy for the commercial real estate industry and make our social media platforms more relevant to our members.

“I truly want to leave a lasting imprint with BOMA Greater Phoenix and lead by example. I am truly honored to serve this wonderful organization and the great people that embody it,” Vincent said.

Board members for 2019: Jessica Allen, Lincoln Property Company; Brett Barendrick, Parallel Capital Partners; Marty Brook, Metro Commercial Partners; Patti Brown, The Muller Company; Michael Chadwick, ViaWest Group; Bruce Coomer, Dircks Moving & Logistics; Toni Covington, ABM Parking Services; Chris Vetter, Transcend Security Solutions; and Nate Williams, Pro-Serv Commercial Cleaning.

BOMA Greater Phoenix wrapped up the year on Dec. 12 with a holiday membership event at the Arizona Biltmore where it honored its top volunteers for their efforts in 2018.

 

Terracon’s Tucson office named Advancing Women in Transportation Employer of Year

Terracon’s Tucson office named Advancing Women in Transportation Employer of Year

      TEMPE, ARIZONA (December 18, 2018) – The Tucson office of consulting engineering firm Terracon was named 2018 Advancing Women in Transportation (WTS) Employer of the Year, Tucson Chapter.

Each year WTS/Tucson honors firms with its Outstanding Recognition Awards. Terracon’s Tucson office was honored for its strong ties to the transportation industry and its dedication to WTS and other professional organizations in the community.

“We are honored and humbled to have received this award,” said Derek Koller, Terracon’s Tucson Office Manager. “As an office, we have several employees who serve and participate with local non-profits and organizations as board members and in other capacities. We are proud of our collective efforts in the community.”

Criteria met for garnering WTS recognition:

  • An organization that has enhanced the transportation industry;
  • An organization with an outstanding record of hiring and promoting at all employment levels;
  • An organization that encourages students, especially women to enter the transportation field by providing scholarships, grants and/or internship opportunities;
  • An organization that supports WTS.

“It’s an honor for our office to receive this recognition and award,” said Bianca Rivera, Administrative Manager I Corporate Service Representative, in Terracon’s Tucson office. “We are fortunate to work for Terracon, an amazing company that encourages our involvement within our community. I’m also honored to be a part of the WTS Tucson Chapter.”

Terracon is an employee-owned consulting engineering firm with more than 4,000 employees providing environmental, facilities, geotechnical, and materials services from more than 140 offices with services available in all 50 states.

Terracon currently ranks 24th on the Engineering News-Record list of Top 500 Design Firms and is ranked No. 1 in Asbestos and Lead Abatement Design.

To learn more about Terracon visit terracon.com/offices/tucson/

 

 

 

 

 

Pair of retail property sales totaling $6.1M highlight recent transactions by NAI Horizon

Pair of retail property sales totaling $6.1M highlight recent transactions by NAI Horizon

     PHOENIX, ARIZONA (December 18, 2018) – The $4.7 million sale of a freestanding retail building in Glendale and the $1.4 million sale of a retail property in in Mesa highlight recent deals closed by NAI Horizon professionals. The deals were closed by NAI Horizon’s Matt Harper, CCIM, and Jeff Adams, respectively.

Sale Transactions:

Matt Harper, CCIM, negotiated the sale of an 11,878 SF retail property, representing the buyer, AXG COM 1, LLC, for $4.7 million. The property is located at 8280 W. Union Hills, Glendale, AZ. Andrew Harrison with Orion Investment Real Estate represented the seller, CC Fund 1 Union Hills North, LLC.

Jeff Adams negotiated the sale of a 32,000 SF retail property, representing both the seller, Shield of Faith Christian Center, and the buyer, AZIZ, LLC, for $1.4 million. The property is located at 460 S. Country Club Dr., Mesa, AZ.

Kim Kristoff negotiated the sale of an 11,173 SF office property, representing the seller, Sidney M. Rosen, for $1.1 million. The property is located at 4323 N. 12th St., Phoenix, AZ. Kristie Phelps-Miller with DPR Realty represented the buyer, 4323 N. 12th, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon negotiated the sale of a 32,909 SF parcel of land, representing the seller, Phoenix Coffee Real Estate, LLC, for $735,000. The property is located at 12044 N. Cave Creek Rd., Phoenix, AZ. Nick Ault with Colliers International represented the buyer, Avalon Cave Creek, LLC.

Laurel Lewis, Barbara Lloyd and Lane Neville negotiated the sale of a 924 SF office property, representing the seller, Troon, LLC, for $73,920. The property is located at 10031 E. Dynamite Blvd., Scottsdale, AZ. Michael Esquer with No Stress Properties represented the buyer, Raymond Poteet & Beulah I. Poteet.

Laurel Lewis, Barbara Lloyd and Lane Neville negotiated the sale of a 924 SF office property, representing the seller, Troon, LLC, for $69,300. The property is located at 10031 E. Dynamite Blvd., Scottsdale, AZ. Carl Jones Jr. with DeRito Partners Inc. represented the buyer, Desert Valley Skate Co.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 180-month retail lease for 5,400 SF at 21545 S. Ellsworth Loop Rd., Queen Creek, AZ. Courtney Auther and Cameron Warren with Phoenix Commercial Advisors represented the tenant, GB Auto Services, Inc.

Isy Sonabend represented the tenant, Elliott Electric Supply, in a 74-month industrial lease for 17,573 SF at 21415 N. 15th Lane, Phoenix, AZ. Mike Haenel with Cushman & Wakefield represented the landlord, Meritex Phoenix, LLC.

Tyler Smith, Joe Pequeno and Troy Giammarco represented the landlord, Bay Pacific Phoenix Corporate Center, LLC, in a 26-month office lease for 14,259 SF at 10040 N. 25th Ave., Phoenix, AZ. James Bayless with CBRE represented the tenant, GC Services Limited Partnership.

Kevin Higgins, Barbara Lloyd and Lane Neville represented the landlord, Bogle Family, LLLP, in a 61-month office lease for 3,023 SF at 7227 N. 16th St., Phoenix, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Biscuits Café Inc., in a 47-month retail sublease for 3,249 SF at 2090 N. Dobson Rd., Chandler, AZ.

Tyler Smith represented the landlord, Palm Valley Center Limited Partnership, in a 38-month office lease for 3,089 SF at 1626 N. Litchfield Rd., Goodyear, AZ. Mike McQuaid with Newmark Knight Frank represented the tenant, Dibble & Associates Consulting Engineers, Inc.

Troy Giammarco, Tyler Smith and Joe Pequeno represented the tenant, BRC Development, LLC, in a 64-month retail lease for 2,779 SF at 4700 N. Central Ave., Phoenix, AZ.

Tyler Smith, Joe Pequeno and Troy Giammarco represented the landlord, Eugini Real Estate Investments, LLC, in a 63-month office lease for 2,511 SF at 3770 N. 7th St., Phoenix, AZ. Felix Martinez with Sovrano Realty represented the tenant, The Schmidt Law Group, P.C. and John W. Blischak dba Blischak Schmidt Law Group.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Los Rios Farms, Inc., in a 60-month retail lease for 3,413 SF at 4705 E. Carefree Highway, Cave Creek, AZ. Bryan Colombik with Catalyst Commercial represented the tenant, Fit Body Boot Camp.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Heroz 1, LLC, in a 60-month retail lease for 1,300 SF at 2055 W. Frye Rd., Chandler, AZ. Matthew Kostrivas with ZDI Realty Advisors represented the landlord, The Landry Trusts.

Laurel Lewis and Dylan Whitwer represented the tenant, Aviant Healthcare, LLC, in a 38-month office lease for 2,914 SF at 2430 W. Ray Rd., Chandler, AZ. Grafton Milne with Menlo Group represented the landlord, MG & SK Investments, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented both the landlord, CP6MF, LLC, and the tenant, Poki and Crepe, LLC, in a retail lease for 1,050 SF at 1840 E. Warner Road, Tempe, AZ.

Laurel Lewis and Dylan Whitwer represented the tenant, Copper Communities Hospice, LLC, in a 39-month office lease for 2,738 SF at 1400 N. Gilbert Rd., Gilbert, AZ. Shane McCormick with Commercial Properties Incorporated represented the landlord, Community Investments, LLC.

Matt Harper, CCIM, represented the tenant, Quayle Home Care, Inc., in a 40-month retail lease for 2,000 Sf at 5153-5155 W. Thunderbird Rd., Glendale, AZ. John P. Reinhardt with Industrial Property Specialists represented the tenant, Quayle Home Care, Inc.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, New Bell Tower, LLC, in a 36-month retail lease for 1,705 SF at 4925 W. Bell Rd., Phoenix, AZ. Aron Sanchez with AMP Real Estate represented the tenant, ReVamp Renovation & Floor Care.

Mark Wilcke represented the tenant, Spotlight Signs and Imaging Solutions, LLC, in a 24-month industrial lease for 3,050 SF at 1310 N. Acacia Dr., Gilbert, AZ. Matt McDougall with Lee & Associates represented the landlord, R.D. Carter, LLC.

Rick Foss represented the landlord, Friedman Anthem, LLC, in a 24-month industrial lease for 1,331 SF at 42302 N. Vision Way, Anthem, AZ.

NAI Horizon negotiates long-term lease worth $2.16M for Planet Fitness in North Phoenix

NAI Horizon negotiates long-term lease worth $2.16M for Planet Fitness in North Phoenix

PHOENIX, ARIZONA (December 12, 2018) – NAI Horizon negotiated a long-term lease for Planet Fitness at 8921 N. 7th St., in North Phoenix.

In the past year, NAI Horizon has negotiated long-term leases totaling more than $23 million for Planet Fitness locations across the Valley.

The NAI Horizon retail properties team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega, and Associate Patrick Anthon represented the tenant, United PF TOM LLC of Austin, Texas, in the Phoenix transaction totaling $2.16 million.

“This was an opportunity in a trade zone that has been overlooked by many other concepts,” Tworek said. “With the remodeling of this shopping center, this will be an exceptional location in a great neighborhood for Planet Fitness.”

The Phoenix Planet Fitness will occupy a vacant building totaling 19,764 square feet that previously housed a Goodwill store.

The landlord, 7th Street & Townley LLC, of Phoenix was represented by Jason Hersker of Capital Asset Management.

 

 

 

 

Jennifer Cranston named 2019 AZCREW President; 2018 provided big victories

Jennifer Cranston named 2019 AZCREW President; 2018 provided big victories

PHOENIX, ARIZ. (December 12, 2018) – AZCREW, the leading organization for senior-level executive women in the Metro Phoenix commercial real estate field, has named Jennifer Cranston, Shareholder, Gallagher & Kennedy, its president for 2019.

Other officers for 2019: Cindy Winters, Eagle Commercial Realty Services, past president; Dana McDonald, North American Title Company, membership; Lorna Banister, Ballard Spahr, sponsorship; Lindsey Carlson, Colliers International, programs; Lisa Tinnion, CIS, and Amber Coleman, CBRE, public relations; Francine Moore, Macerich, special events; Winters, legacy; Heather Fox, Wells Fargo, foundation; Terry Martin-Denning, NAI Horizon, treasurer and president elect; and Mara Atwell, VEREIT, secretary.

“It’s a tremendous honor to serve as president of AZCREW in 2019,” Cranston said. “I look forward to building on the successes we achieved in 2018 under Cindy’s fantastic leadership and the hard work of our board of directors.”

Highlights for 2018:

>> AZCREW was selected as the YWCA’s 2019 Tribute to Leadership Women’s Empowerment Corporate honoree. The award recognizes individuals and corporations that have generously given their time and talents to the community. Being chosen is a highly prestigious honor as the organizations chosen as corporate honorees exemplify the very best qualities in an organization: honesty, collaboration, ambition, empowerment, a commitment to diversity and inclusion and volunteerism.

AZCREW partnered with the YWCA in 2017 and has provided more than $22,000 in donations to support the YWCA and its programs. AZCREW and the YWCA put on several events featuring panels with women in prominent leadership roles in hopes to inspire women in commercial real estate to assume and aspire to positions of leadership.

>> AZCREW presented $10,000 in scholarships to a pair of Arizona State University Master of Real Estate Development (MRED) students. The scholarship winners – Marjorie Wakefield and Santiago Fajardo – were announced at AZCREW’s annual Black & White Affair, held Oct. 24 at Pubblico Italian Eatery. The event benefits AZCREW’s “MRED Dollars for Scholars” program.

Over the past 8 years, AZCREW has supported MRED students by awarding more than 14 scholarships totaling nearly $40,000. It was the best attended Black & White ffair since its inc

NAI Horizon represents buyer and seller in acquisition of $1.4M Mesa retail building

NAI Horizon represents buyer and seller in acquisition of $1.4M Mesa retail building

         PHOENIX, ARIZONA (December 11, 2018) – NAI Horizon Senior Vice President Jeff Adams represented the buyer and the seller in the $1.4 million acquisition of a freestanding retail building at 460 N. Country Club in Mesa, Arizona.

Adams represented AZIZ, LLC, an Arizona limited liability company of Tempe, Arizona, in its purchase of the 32,400-square-foot property. Adams also represented the seller, Shield of Faith Christian Center, an Arizona non-profit corporation of Gilbert, Arizona.

“This transactions was a win for both sides,” Adams said. “The buyer was able to complete his acquisition of the entire arterial corner consisting of nearly 77,000 SF on roughly 7.53 acres, increasing his future flexibility. The seller is moving into a new space that better fits its needs. This was a smooth transaction with two cooperative, willing parties.”

The buyer plans to run an import business out of the building, which sits on 2.33 acres. The building also will serve as a storage facility. It features 100 percent improved HVAC system and is an arterial corner facility in Mesa.

 

 

 

 

 

Arizona Multihousing Association selects its 2019 leadership group, board members

Arizona Multihousing Association selects its 2019 leadership group, board members

     PHOENIX, ARIZONA (December 11, 2018) – Arizona Multihousing Association, the statewide trade group for the apartment industry, elected 2019 officers and board members at its December 6 board meeting.

Assuming the chair is John Carlson, President of Mark-Taylor Residential. The rest of the leadership group comprises Wendy Weiske, vice chair, Dunlap & Magee; Kim Pacheco, treasurer, Scotia Group Management; Reid Butler, secretary, Butler Housing Company; Nicole Wray, immediate past chair, Greystar; and Adam Grecco, AMC executive, Burns Pest Elimination.

“My goal is to energize and engage,” Carlson said. “We have a board that is 50 strong, the industry is growing, and we are at the forefront of providing quality housing to over 37 percent of Arizonans. The success of the apartment industry is something we’re proud of. It’s like being the Yankees. Everyone is chasing you and some are jealous.

“Being in that role puts a certain amount of responsibility on us. This industry is as strong as ever. Through our legislative work and affiliation with NAA (National Apartment Association), we intend to keep it going strong. We’re the fifth largest NAA affiliate in the U.S. and one of the most proactive; we’re also the fourth largest trade organization in Arizona. I’m looking forward to a great year,” Carlson said.

Board members for 2019: Elizabeth Beaulieu, Quarterpenny Management; Krisanne Beckstead, Picerne Real Estate Group; Lauren Borgeson, Mark-Taylor; Lesley Brice, MC Residential; Sue Campbell, Redi Carpet; Scott Clark, Law Office of Scott Clark; Linda Coburn, NexMetro Development; Scott Cook, Shelton-Cook Real Estate Services, Inc.; Crystal DeHoag, Bella Investment Group; Kohl Eisenhour, Avenue 5 Residential; Kimberly Fitch, Nicolosi & Fitch, Inc.; Tim Furnas, Valley Wide Security.

Shelly Griggs, Baron; Danny Harris, CoStar; Robert Hicks, Alliance Residential Company; Scott Hines, PEM Real Estate Group; Stacey Hogue, Greystar; Susan Knowles, J.R. McDade; Matt Koglmeier, Koglmeier Law Group PLC; David Kotin, Kay-Kay Realty; Jim Kowalski, Kowalski Construction; Dustin Lacey, Mark-Taylor; Omar Mireles, HSL Asset Management.

April Morris, Cox Communications; Melanie Morrison, MEB Management Services; Gloria Munoz, Maricopa County Housing; Lisa Osborn-Warne, Priderock; Kevin Ransil, JLB Partners/JLB Residential; Rich Renta, Weidner; John Rials, Western Wealth Capital; Lisa Rosenfeld; HSL; Mark Schilling, MEB; Tina Schreiber, Alliance; Stacey Searl, Weidner; Christine Shipley, Dunlap & Magee.

Michelle Sinclair, MC Residential; Justin Steltenpohl, P.B. Bell Companies; Greg Stobart, MG Properties; Carmen Suggs, ConAm; David Vanek, Greystar; Luis Verger, Shelton-Cook; Debbie Willis, P.B. Bell; and Mark Zinman, Williams, Zinman & Parham, PC.

The AMA’s signature events are the Tribute Awards held in May at the Phoenix Convention Center and the annual golf tournament held in October, played this year at Starfire Golf Club in Scottsdale.

AMA received additional recognition this past year when Mike Clow of Greystar Real Estate Partners was named NAA Board Chair for 2019.

Arrowhead Builders breaks ground on wellness campus on SRPMIC land in Scottsdale, major hotel planned for 2020

Arrowhead Builders breaks ground on wellness campus on SRPMIC land in Scottsdale, major hotel planned for 2020

     CHANDLER, ARIZONA (December 5, 2018) – Arrowhead Builders, a Native American-owned general contractor, recently broke ground in Scottsdale on the 43-acre Sierra Bloom Wellness Campus with plans next year to break ground on a 119-room Holiday Inn.

Sierra Bloom Wellness Campus will be built on Salt River Pima-Maricopa Indian Community land at the Loop 101 and 90th Street in North Scottsdale. The project comprises two phases of full site development. Groundbreaking in late October included  $5 million in infrastructure for grading, roadways, streets, utilities, sewer, landscape, and signage.

The campus will feature a wide range of medical uses including behavioral health, assisted living/memory care, and multi-tenant medical office and retail.

Attending the groundbreaking from Arrowhead Builders (front to back) are Kari McCormick, Vice President of Client Relations; Julie White, Project Business Administrator; Lamoni Yazzie, Western Regional Manager; David Marcum, Project Manager; and Dana Jimerson, Superintendent.

“Having been a council member or president of the community for the past six years, the best part of development is that it allows the landowners to elevate their quality of life and to provide a much-needed service not only to the community but to neighbors as well,” said SRPMIC President Delbert W. Ray Sr. “I want to thank everyone who had a hand in this. It’s been a long time coming. Welcome to the Salt River; we really look forward to the grand opening.”

A prominent element of the mixed-use master plan, to be developed by the Monaco Group, LLC, will be a 78,577 SF, 119-key Holiday Inn scheduled to break ground in 1Q 2019 and open in 1Q 2020. The design of the hotel, 9090 E. Horseshoe Rd., Scottsdale, will include cultural themes and designs consistent with community’s traditions and heritage.

Arrowhead Builders recently opened its office in Chandler on the Gila River Indian Community’s land. Arrowhead Builders features a growing staff, more than 50 percent of which is Native American. Its focus includes gaming, hospitality, healthcare, education, cultural/community projects, and multifamily housing.

“We are working with the Monaco Group to provide a unique approach to project delivery and integrated design by providing oversight of not only the construction and interiors but providing a full turn-key solution management of all the FFE and OSE for the client,” said Kari McCormick, Vice President of Client Relations for Arrowhead Builders.

“I also have a unique tie to this project,” McCormick added. “My mother was an educator in the community. For us to get our first ‘larger’ project is really a full-circle experience for me.”

The owner’s representative is John Schoenauer of JS Development Services. The development representatives are Chuck Kennedy of Grosvenor Holdings and Ricky Lyons of Champion RD. Architect of record for the Holiday Inn will be Tony Tang & Eric Lai Architects.

 

 

 

NAI Horizon represents buyer in $4.7M sale of retail pad in popular Glendale shopping center

NAI Horizon represents buyer in $4.7M sale of retail pad in popular Glendale shopping center

PHOENIX, ARIZONA (November 28, 2018) – NAI Horizon Associate Matt Harper, CCIM, represented the buyer in the $4.7 million acquisition of a freestanding, four-tenant retail pad in Glendale, Arizona.

Harper represented AXG COM 1, LLC, of Peoria, Arizona, in its purchase of the 11,878-square-foot property at 8280 W. Union Hills in Glendale.

“This is a great asset for my client to add to their growing portfolio,” Harper said. “Its location is in one of the fastest growing submarkets of the West Valley. Glendale is experiencing a surge in workforce and new residents and this asset will benefit from the growth.”

The building, constructed in 2004, sits on 1.98 acres at Union Hills Square, a much sought-after, multi-tenant retail strip center located off the Loop 101 and Union Hills Road. More than 41,000 cars daily frequent the entrance to the shopping center.

Union Hills Square is anchored by Arrowhead Grill, a popular and award-winning restaurant in the West Valley. Other tenants include Picazzo’s Organic Italian Kitchen, Allstate Insurance, and Bujor Granite. Within close proximity is a 196,000 SF power center with national tenants including Walmart, LA Fitness, and Sam’s Club.

The seller, CC Fund 1 Union Hills North, LLC of Northbrook, Illinois, was represented by Andrew Harrison of Orion Investment Real Estate.

NAIOP Arizona Board of Directors elects new officers, chair, board members for 2019

NAIOP Arizona Board of Directors elects new officers, chair, board members for 2019

PHOENIX, ARIZ. (Nov. 27, 2018) – The Arizona Chapter of NAIOP, the Commercial Real Estate Association, elected officers and board members for 2019 at its November 6 board meeting.

The 2019 Executive Committee of NAIOP Arizona is Molly Carson, Chairman, Ryan Companies US, Inc.; Jim Wentworth Jr., Vice Chairman, Wentworth Property Company, LLC; Cathy Thuringer, Treasurer, The Trammell Crow Company; Rusty Kennedy, Programs Chair, CBRE; Danny Swancey, Secretary, ViaWest Group; Andrew Cheney, Immediate Past Chairman, Lee & Associates Arizona; and Larry Pobuda, Immediate Past Chairman once removed, The Opus Group.

New 2019 Board Members are CJ Osbrink, Newmark Knight Frank; Danielle Feroleto, Small Giants; and Cooper Fratt, CBRE, representing the Developing Leaders. Returning members of the Board of Directors include Phil Breidenbach, Colliers International; Bryon Carney, Cushman & Wakefield; Keith Earnest, VanTrust Real Estate LLC; Jeff Foster, Prologis; Tom Jarvis, Willmeng Construction; John Orsak, Lincoln Property Company; Darren Pitts, Velocity Retail Group; and Candace Rosauro, Jokake Construction.

“On behalf of the board of directors, I would express our gratitude to outgoing board members Chuck Vogel, Bob Hubbard and Jenna Borcherding for their outstanding service to our organization and to the industry at large,” said 2019 Chairman Molly Carson. “I would also like to welcome our new and returning board members. At NAIOP Arizona, we are looking forward to another strong year for commercial real estate in 2019.”