by Peter Madrid | Oct 11, 2023 | News & Updates
PHOENIX, ARIZ. (Oct. 11, 2023) – In collaboration with Junior Achievement of Arizona, several volunteers presented the REIAC Southwest classes on the built environment to 32 high school seniors at Basis Chandler.
The classes introduce the students to the real estate development process and how the built environment is created by real estate developers.
Before the classes began, REIAC volunteers asked the teacher to have the students break up into teams of four to five students each. There were five classes followed by a team competition. The program had seven teams this session.
The first class was an introduction. The second class explained how developers identify a need for a particular type of building by doing market research to confirm supply and demand.
The third class concentrated on finance, debt, and equity. It examined the positive impact that using a mix of debt and equity as opposed to 100 percent equity has on a project’s returns.
The fourth class was on assembling the consultant team – architect, civil engineer, soils engineer, and general contractor – to build the project.
The last class involved finding tenants, managing the building after it is completed, and selling it after it is leased.
“The REIAC volunteers and the teachers who help introduce the built environment to young people are an inspiration for the industry,” said Mark Singerman, Vice President, Regional Director Rocky Mountain Development for The Rockefeller Group. “The goal is to one day see these young ladies in the field of commercial real estate.”
The students are given the choice of developing one of the following types of buildings: office, retail, or industrial. The student workbook provided by Junior Achievement gives the students budgets for each type of building, land sites from which to choose in and around Tempe, demographic information about the City of Tempe for their market research, a pro forma to complete depending on which type of building they select to develop and resumes of consultants and general contractors to select for their team.
For the competition, all the teams were required to present a PowerPoint of the building they chose to develop and the choices they made. Some of the teams added 3D models of their project in their presentations. Two of the teams did cardboard models of their buildings and parking lots.
The REIAC volunteers sat as the panel that judged and scored each presentation on a point system using score sheets provided by Junior Achievement. The winning team was awarded $750 to split between each team member and the teacher was given $250 to use in purchasing supplies in the classroom that many teachers normally take out of their own pocket during the school year.
About REIAC
The Real Estate Investment Advisory Council (REIAC) was established as a nonprofit trade association to provide a forum for the exchange of ideas, concerns and experiences among senior executives who conduct real estate transactions. The invitation-only group limits its membership to senior-level executives at companies, who act as principals, and whose function is to develop, acquire, manage and/or finance real estate. Institutional quality programs and peer-to-peer relationship-building opportunities have established REAIC’s reputation throughout the national real estate investment community as one of its premier associations. www.reiac.org The Power of REIAC
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by Peter Madrid | Oct 9, 2023 | News & Updates
PHOENIX, ARIZ. (Oct. 10, 2023) – A year-long program to train and mentor the next generation of commercial real estate agents is shaping the future at NAI Horizon. And it’s doing so largely with talent in its backyard – graduates from Arizona State University and the University of Arizona.
“Our strategic initiative for growth includes us providing institutional-quality training for young people that others in the market aren’t currently offering,” said Executive Vice President Lane Neville, who is spearheading the training program. “The goal is to build a deal pipeline and further our young agents’ industry knowledge and brokerage know-how, so after a year of training, they are each ready to join an NAI Horizon team of experienced brokers. That is our plan for organic growth.”
NAI Horizon began its efforts last fall, interviewing 25 college candidates nationwide. It narrowed its selection based on academics, degrees, and one-on-one personal skills. The inaugural group of agent trainees that began program work at NAI Horizon this past June 1st include:
- Andrew Agresta has a Bachelor of Science in marketing and international business from the Ivy College of Business at Iowa State University in Ames, Iowa; he also attended the University of Limerick in Limerick, Ireland.
- Brandon Hall has a Bachelor of Science in finance from Arizona State University’s W.P. Carey School of Business, with minors in sustainability and real estate.
- Whitney Heritage has a Bachelor of Arts degree in business from Arizona State University’s W.P. Carey School of Business, majoring in business communication and minoring in real estate.
- Matt Westra has a Bachelor of Science in business administration from the University of Arizona’s Eller College of Management, majoring in finance.
“All the new agents in our training class have strong connections to Arizona, either through family or growing up here,” Neville said. “Getting into commercial real estate is tough, and making it in the business is even tougher. We’re extremely confident our new agents will excel.”
The agent trainees spend time each week in a classroom-like setting, including instruction, role-playing, studying, financial modeling, and taking quizzes. They also participate weekly in one-on-one mentoring and training from senior agents in the firm, including conducting “out-in-the-field work,” according to Neville.
“We incorporate our senior brokers as mentors. The trainees shadow them to get out and apply what they are learning,” Neville explained. “This includes canvassing, soliciting, generating new leads, and working transactions. The goal is to build their pipeline and increase our trainees’ knowledge.”
How vital for NAI Horizon is its trainee program?
“This program is a key part of our overall strategic initiative for growth and is very vital to the firm,” Neville said. “Our first class of trainees are getting quality training and mentoring. Our brokers are doing a great job in helping them decide the best direction in which to go in their respective CRE brokerage careers.”
NAI Horizon will be recruiting five new individuals for the class of 2024 beginning June 1. Those interested in being considered for the next NAI training program should contact Neville at lane.neville@naihorizon.com.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network, providing real estate solutions to more than 325 offices worldwide. For more information, visit www.naihorizon.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naiglobal.com.
by Peter Madrid | Oct 9, 2023 | News & Updates
PHOENIX, ARIZ. (Oct. 10, 2023) – Horses Help is rolling out the red carpet at its new ranch as it hosts the 19th Annual Barn Bash fundraiser Nov. 4. The theme for this year’s event is “Blazing a New Trail.”
The event begins at 5:30 p.m., and ends at 10 p.m. The new ranch is located at 6525 E. Dixileta Drive in Cave Creek. Participants can take a tour of the ranch and meet the herd. The event includes a cocktail hour, silent auction, and casino tables.
“This is a great opportunity for the community to contribute to this great organization, and see what we are all about,” said Horses Help Executive Director Gregg Goodman. “Big things are happening here. We look forward to sharing them during the Barn Bash.”
The Barn Bash the largest fundraiser for Horses Help. Proceeds from this year’s event underwrite program expenses for all participants, help pay for food and hay for the organization’s horses. Proceeds also directly impact special needs individuals, military, and first responders, trauma survivors, and at-risk youth in Arizona.
Horses Help provides adaptive riding and horsemanship services designed to contribute positively to the cognitive, physical, emotional, and social well-being of people with disabilities. The adaptive riding and horsemanship program promotes strength, increases flexibility, develops balance, improves coordination, and builds self-confidence.
Horses Help also provides equine-assisted learning (EAL), a form of human-equine interaction that provides a personal learning experience. EAL promotes the development of self-awareness, self-esteem and confidence, problem-solving skills, emotional regulation, and self-control.
Other services include therapy with equine movement and equine-facilitated psychotherapy.
To learn more about Horses Help, visit horseshelp.org.
For more information or to purchase tickets or sponsorship packages for the Barn Bash, click here.
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by Peter Madrid | Oct 5, 2023 | News & Updates
PHOENIX, ARIZ. (Oct. 5, 2023) – RestorationHQ, a trailblazer in the commercial restoration industry, is pleased to announce the appointment of Scott Rutkowski as its new president.
With a distinguished career spanning more than two decades in the restoration sector, Rutkowski brings a wealth of experience and innovative vision to the company. Rutkowski has built an impressive track record in the industry, most notably on the East Coast where he pioneered several groundbreaking restoration initiatives.
He previously served as branch manager for Water Mold Fire Restoration in Boston, Massachusetts, prior to joining RestorationHQ. Rutkowski was born and grew up in the Boston area.
“I’m honored to take up this new challenge at RestorationHQ,” Rutkowski said. “This company has always stood for superior quality and unyielding dedication to customer satisfaction. I look forward to integrating my experiences and insights to further these commitments and lead the company to new heights.”
Rutkowski’s appointment comes at a pivotal moment for RestorationHQ as it continues to expand its footprint in Phoenix, Tucson, and beyond. His leadership style aligns with the company’s mission of providing top-tier restoration services while prioritizing customer needs.
Rutkowski’s progressive outlook directly matches RestorationHQ’s mission and core values, reinforcing its joint dedication to top-tier commercial restoration services.
“We do not just restore buildings; we strive to rebuild trust in the vendor partner process, and peace of mind for our clients,” Rutkowski said. “Innovation, quality, and customer satisfaction will remain our guiding principles as we continue to grow and evolve.”
About RestorationHQ:
RestorationHQ is a leading provider of comprehensive commercial-only restoration services. The company is dedicated to delivering top-quality solutions to its clients, ensuring their peace of mind in times of need- working on their behalf rather than for insurance companies. With a team of highly skilled professionals, RestorationHQ is committed to setting new standards in the commercial restoration industry. For more information visit RestorationHQ.us.
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by Peter Madrid | Oct 5, 2023 | News & Updates
PHOENIX, ARIZ. (Oct. 5, 2023) – The Arizona Masonry Council recently celebrated its 32nd Annual Excellence in Masonry Architectural Awards for outstanding masonry design, workmanship, and creativity with the use of brick, block and/or stone.
The banquet honored this year’s finest at the Scottsdale Resort McCormick Ranch with more than 300 industry members in attendance.
“These awards honor architects, engineers, and the design community for their creativity and expression in masonry, and to recognize the builders and producers for their craftsmanship and innovation of masonry products,” said Arizona Masonry Council Executive Director Dawn Rogers. “These notable awards represent an achievement that is well respected between both the design and building communities.”
This year’s architectural jury panel was from Reno, Nevada. The jury panel included Angela Bigotti-Chavez, AIA, Design Principal, Van Woert Bigotti Architects; Jack Hawkins, AIA, hawkins & associates architecture and interiors; Max Hershenow, AIA, H+K Architects; and Tim Kawcak, President, Kawcak Masonry Inc.
The Craftsmanship Jury consisted of two retired masons from Arizona: Jan Hill retired from Roma Masonry, and Don White retired from Roma Masonry.
Top honor for 2023, the Gold Trowel Award, went to Ravenscroft. The winning team included Music Serving the Word, CRE Properties, owner; Architekton, architect; BDA Design, structural engineering firm; 180 Degrees Design + Build, general contractor; Sutter Masonry, major masonry contractor; and Our Block Co. and Superlite, an Oldcastle company, major masonry suppliers.
The Bart Del Duca Award went to Chris King, Summit Brick. The award is named after Bart Del Duca, who served his entire life in the masonry business. Winners are selected for outstanding performance, service, or significant achievement in the masonry industry.
Category winners:
- Residential Perimeter Walls Citation Award: Alamar Perimeter Walls
- Residential Citation Awards: Lot 16 Pinnacle Peak Vistas; Mountain Modern Retreat; The Artist’s Retreat
- Residential Merit Award: Ebony and Ivory.
- Non-Residential Honorable Mention: Greenlee County South Service Annex
- Non-Residential Citation Awards: Avion Center; Ortho Arizona; ASU Thunderbird School of Global Management; Hilton Cavasson
- Non-Residential Merit Award: Sahuarita Regional Library; Novel Midtown
- Residential Honor Award: Compass Church
- Craftsman Residential Award: Cameldale Estates, Lot 5
- Craftsman Non-Residential Award: Queen Creek Fire Station #4
- Monument/Entry Way Citation Awards: Jorde Farms North Entry Monument; Combs Ranch Monument/Entry
- The Excellence in Masonry Architectural Awards program is sponsored by the Arizona Masonry Council, a non-profit organization servicing the masonry industry in Arizona.Click here for a video and complete project teams of all the 2023 winners.
Craftsman Non-Residential Award: Queen Creek Fire Station #4
About the Arizona Masonry Council
The mission of the Arizona Masonry Council is to create significant and lasting positive change for the Arizona masonry industry and to reinforce that our systems provide the premier building envelope solution in the minds of public and private owners, developers, architects, engineers, general contractors, and the general public. The Council and its members have played a significant role in economic development, new product and construction standards, enhanced safety policies and increased energy efficiency of masonry products. It has also been on the forefront of developing and implementing statewide education programs for the professional community as well as students from college to the high school level. The Arizona Masonry Council can be reached at (602) 265-5999 or visit azmasonry.org.
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by Peter Madrid | Oct 4, 2023 | News & Updates
PHOENIX, ARIZ. (Oct. 4, 2023) – Beginning with bridge girders and then moving on to high-rise cladding, parking garages, and data centers, Coreslab Structures Arizona has been building a concrete future for the past 35 years.
As it celebrates this noteworthy anniversary, it continues to lead the precast concrete industry through vision and innovation.
“What helps a company grow, succeed, and thrive for 35 years? It all starts with leadership. Since our founding, Coreslab has earned a reputation for excellence in service, vision, product, and on-site installation. That reputation was forged by our founders, who have paved the way for a legacy of leadership,” said Rick Reichenberg Vice President | General Manager of Coreslab Structures Arizona.
In 35 years, Coreslab Structures Arizona has left an indelible mark in the Valley’s rich history of high-profile projects. They include the Burton Barr Central Library in Downtown Phoenix; the Maricopa County Superior Court Tower in Downtown Phoenix; the Catalina Parking Garage at Park Central Mall; and the Compass Datacenter in Goodyear, to name a few.
In celebration of its 35th anniversary, Coreslab Structures Arizona is hosting an open house later this month. Phoenix Mayor Kate Gallego is scheduled to attend the event, along with other local dignitaries and industry partners.
Coreslab Structures Arizona will also be honoring National Manufacturing Day on Oct. 6. Coreslab Structures Arizona has more than 300 employees in its fabrication plant. Throughout 2023 Coreslab Structures Arizona will have produced 15,000 pieces of precast concrete.
The Precast Concrete Institute (PCI) is the industry’s governing body that develops, maintains, and disseminates the body of knowledge for the design, fabrication, and erection of precast concrete structures and systems.
PCI Precast Days is celebrated Oct. 9-20, providing the industry with the opportunity to celebrate and showcase their precast concrete projects. PCI promotes the use of precast, prestressed concrete as the strongest, safest way to build. Coreslab Structures Arizona holds an AC, B4, and C4 Certification with PCI.
Wall panel stripping, approximately 50,000 pounds (Photo courtesy of Coreslab).
About Coreslab Structures
Since 1975, Coreslab Structures Inc., has emerged as a major supplier of structural, architectural and hollow core solutions to markets in Canada and the U.S. With 17 precast/prestressed concrete facilities across North America, Coreslab is a leader in construction innovation, structural design and sustainable practices, dedicated to providing top quality products and services. Its commitment to excellence, leading technical expertise and collaborative culture allows it to deliver award-winning, innovative solutions that meet the schedule and cost requirements of its valued customers. To learn more visit www.coreslab.com.
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by Peter Madrid | Sep 27, 2023 | News & Updates
SCOTTSDALE, ARIZONA (Sept. 27, 2023) – Harvard Investments, a real estate investment and development company, added another large land acquisition to its portfolio as it continues to grow its footprint within the City of Goodyear with the $22 million purchase of the King Ranch master-planned community.
Harvard Investments closed on the 1,864-acre asset on Sept. 5, purchasing it from Dallas, Texas-based HE Capital KR LLC. HE Capital bought the land in 2008, owning it for 15 years but did not move forward with development.
King Ranch sits along the northwest border of Estrella, one of the Valley’s largest master-planned residential communities, and part of the Harvard Investments portfolio. It is owned in a joint venture with Varde Partners and Toll Brothers Homes. King Ranch is to remain a stand-alone master-planned community and neighbor to Estrella.
As part of the development commitment with Goodyear, Harvard Investments is to pay the City $16.8 million over the course of future development to help offset the City’s outstanding costs incurred under a previous owner to build the Cotton Lane bridge.
“We thank the City of Goodyear for their professional approach as we worked to acquire this property. Purchasing King Ranch was not without complications in terms of complex issues and a short escrow period. Harvard appreciates the clear, timely responses from the City to help move our purchase decision forward,” said Harvard Investments Senior Vice President Tim Brislin.
“Goodyear is a key growth center for our region and Mayor Joe Pizzillo as well as the City Council are dedicated to providing a quality lifestyle, including housing, to Goodyear residents. This is our fourth major development project in Goodyear and we are invigorated to be an important part of the City’s vision,” Brislin said.
Harvard Investments’ presence in Goodyear includes:
> Estrella, a 20,000-acre mixed-use master-planned community, today home to 8,000 families. Sitting within the foothills of the Estrella Mountains, it includes more than 50 parks and 65 miles of paths and trails, 500 acres of open space, and 72 acres of lakes.
> FirstStreet Ballpark Village in Goodyear, a 251-unit, single-family build-to-rent community scheduled to begin leasing in late 2023. Amenities include a resident clubhouse, resort-style pool, fitness center, dog park, additional community parks and planned events. The community is across from Goodyear Ballpark, the spring training facility shared by the Cincinnati Reds and Cleveland Guardians.
> Harvard Investments, in partnership with Lincoln Property Company, is developing Goodyear AirPark, a 7 million-square-foot industrial development on 565 acres adjacent to Phoenix-Goodyear Airport.
“We see King Ranch as a unique master-planned community where we can offer a variety of housing choices, best-in-class amenities, and the opportunity to be part of the City’s El Rio Park plan,” said Harvard Investments Director of Entitlements Amy Weidman. “As an investor and landowner in Goodyear, Harvard Investments is a true development partner in the West Valley. We look forward to continuing our partnership with Goodyear.”
Harvard Investments brings years of development expertise and experience to its latest acquisition.
“The Harvard team shines when thinking through complex challenges to create outstanding communities. We take great pride in harnessing our deep experience to develop places where our residents can come together to create positive experiences for years to come. I’m excited to say planning is underway on King Ranch as we embrace the opportunity to create a new signature master-planned community for the West Valley,” Weidman said.
About Harvard Investments
Harvard Investments, Inc. is a real estate investment and development company with real estate holdings throughout the Western United States. Harvard combines experience, integrity, and financial stability to create high-quality, environmentally sensitive, profitable communities including both large-scale master-planned communities and build-to-rent neighborhoods. Harvard’s Canadian parent, the Hill Companies, is a privately held diversified company involved in real estate development including construction and leasing of commercial office buildings and retail properties, oil and gas production and distribution, broadcasting, surety bonding, and insurance. The Hill Companies celebrated its 120th year of continuous family ownership and operation in 2023. To learn more visit harvardinvestments.com.
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by Peter Madrid | Sep 19, 2023 | News & Updates
PHOENIX, ARIZONA (Sept. 19, 2023) – NAI Horizon led a collaborative effort that helped bring an award-winning experiential marketing agency offering exhibit design and fabrication, innovative engagements, and event measurement programs to the West Valley.
NAI Horizon Managing Director Laurel Lewis, SIOR, and Vice President Dylan Whitwer represented the tenant, Exhibitus, Inc., of Tucker, Georgian, in a long-term lease totaling $2.5 million at Summit Business Park, 13250 W. Cactus Road, in Surprise, Arizona.
Exhibitus will take 42,510 SF of Summit Business Park, which totals 133,904 SF.
“We are excited that Exhibitus is expanding into the Phoenix market. With its headquarters in Atlanta and a full-service facility in Chicago, the new Phoenix location ensures Exhibitus can meet the needs of clients in the West,” Lewis said. “Dylan and I are excited to watch its growth and service in the region. It was a great example of teamwork. Thank you, Samantha Pinkal with the Greater Phoenix Economic Council (GPEC), and Rob Martensen (SIOR, CCIM) and Sam Jones with Colliers.”
The Phoenix location ensures that clients have direct, cost-effective solutions for building, transporting, and storing their exhibition assets, no matter where they are exhibiting in the U.S. Additionally, the expansion increases the company’s fabrication capacity to ensure delivery dates for all clients during busier times of the year.
Exhibitus executes multiple events for clients in Las Vegas, Nevada, annually. With warehousing available in Phoenix, these clients can store and readily reuse their properties. Metro Phoenix is within a day’s drive of other convention cities, including Dallas, Denver, Los Angeles, and San Francisco.
Clients with events in the West will also have direct access to the company’s robust portfolio of rental properties that can captivate an audience without a significant capital expenditure. A ribbon-cutting ceremony with company executives, local clients, and community representatives is planned for mid-October.
“Exhibitus and its leadership have decisively tapped in to the Phoenix market to provide their experiential marketing services to our region,” Whitwer said. “We could not be more thrilled to have worked with this incredible company.”
Martensen and Jones represented the landlord, Cactus Mac 1, LLC.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information, visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa, and Asia Pacific, with 5,100 local market professionals managing over 1.1 billion square feet of property and facilities. Annually, NAI Global completes more than $20 billion in commercial real estate transactions and gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration, and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain, logistics consulting, and related advisory services.
To learn more, visit www.naiglobal.com.
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by Peter Madrid | Sep 19, 2023 | News & Updates
GOODYEAR, Ariz. (Sept. 19, 2023) – The Estrella Lakeside Amphitheater and The Golf Club of Estrella are the places to be in the West Valley on Friday, Sept. 29.
In the morning, the Nicklaus Design course in the shadow of the Sierra Estrella Mountain range foothills will play host to the 2023 WESTMARC Golf Classic. Then beginning at 7 p.m., just as the sun is setting, Ballet Arizona’s annual Ballet Under the Stars performances, presented by the Diane and Bruce Halle Foundation, will take the stage at the Lakeside Amphitheater.
Free and open to the public, Ballet Under the Stars is the perfect show for the entire family and a great way to introduce ballet to young people for the first time. These performances promise an evening of fun suitable for all ages. Guests are invited to bring chairs, blankets, and picnics to experience the beauty of dance at the Lakeside Amphitheater, 10300 Estrella Parkway.
The evening features a fully-staged live performance by the professional company dancers of Ballet Arizona, including Juan Gabriel’s “Se Me Olvidó Otra Vez” and George Balanchine’s The Four Temperaments.
Ballet Under the Stars also showcases world premiere performances choreographed by local school students through the Class Act program. Each year, Ballet Arizona’s professional dancers provide a three-week dance training class for students in four different elementary schools across the Valley. Estrella Mountain Elementary School dance students will perform.
“We’re thrilled that two of Estrella’s signature amenities will be in the spotlight,” said Jeff Zimmerman, Director of Entitlements & Development for Estrella. “We’re also honored that these fantastic organizations, WESTMARC and Ballet Arizona, are bringing two of their signature events to Estrella. It’s going to be a great morning and evening.”
Golfers will hit the links at The Golf Club of Estrella, 11800 S. Golf Club Drive, at 8 a.m. A Nicklaus Design golf course and Troon-managed facility, the golf club is located just 30 minutes from downtown Phoenix.
Designed primarily by Jack Nicklaus II, the course flows along the contours of the land, allowing washes and hillsides to remain in a pristine state. Large greens and split-level fairways test a golfer’s decision-making and club selection. Golf Club of Estrella is consistently ranked by Golfweek magazine as one of the Top-20 Public Courses in Arizona.
About Ballet Arizona
Ballet Arizona is dedicated to preserving and celebrating classical dance while creating new and innovative works. Under the artistic direction of internationally acclaimed choreographer Ib Andersen – a former Principal Dancer with The New York City Ballet and The Royal Danish Ballet – Ballet Arizona follows his lead to the future of dance in Arizona. The School of Ballet Arizona promotes access to the art form of ballet through dance education, with a focus on excellence in the form, directing each student to a life-long love of dance. Following this vision, Ballet Arizona connects to more than 22,000 children and families every year through its free and low-cost outreach programs. For more information, visit balletaz.org.
About WESTMARC
WESTMARC — the Western Maricopa Coalition — is a public-private partnership of the 15 communities, the business community and the educational sector in the West Valley. WESTMARC is committed to our members’ success and to our mission of enhancing economic development and promoting quality of life in the West Valley. For more information visit westmarc.org.
About Estrella
Home to 8,000 families, Estrella is a 20,000-acre mixed-use master-planned community located in the City of Goodyear, approximately 17 miles west of Phoenix. Estrella’s 500-plus acres of open space include more than 50 parks and 65 miles of paths and trails, plus 72 acres of lakes for kayaking, sailing, and catch-and-release fishing. Amenities include Starpointe and Presidio Residents’ Clubs, the Yacht Club of Estrella, basketball, volleyball, pickleball, tennis courts, and more. Estrella is also home to a Nicklaus Design Championship golf course, The Golf Club of Estrella. For more information about Estrella, please visit estrella.com.
by Peter Madrid | Sep 18, 2023 | News & Updates
PHOENIX, ARIZONA (Sept. 18, 2023) – NAI Horizon represented the landlord in a transaction to help transform a historic building in Downtown Phoenix into a small business incubator and makerspace.
NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented Chicanos Por La Causa (CPLC) in the $247,000, long-term lease at the CPLC Pickle House Makerspace Business Incubator at 1401 E. Van Buren St., Building B, in Phoenix.
The tenant, Alfredo B. Lopez dba as Core Collective Fitness, will take 3,500 SF of the 15,500 SF building.
The business incubator provides a platform for entrepreneurs from disadvantaged backgrounds to succeed. The renovation project will transform the historic Arnold Pickle House into a small business incubator and makerspace. Built in the 1920s as a family-owned pickle factory, this site sat vacant for years until CPLC purchased it.
The adaptive reuse project will include a business incubator, high-tech tools, and other resources for small businesses, all while retaining the nostalgia and imagery of the historic site.
“NAI Horizon is excited to be a purposeful partner in the redevelopment of an iconic location that will serve the community in fostering the growth of small businesses that are the lifeblood of the economy,” Garza Walker said.
CPLC purchased the Pickle House in 2018 and renovated the building with grant funds from the state to foster more opportunities for small businesses.
Founded in 1969, CPLC serves people of all backgrounds while honoring its Mexican-American roots. It facilitates growth through five areas of impact: health and human services; housing; education; economic development; and advocacy.
Interior of the CPLC Pickle House Makerspace Business Incubator at 1401 E. Van Buren St., in Phoenix.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information, visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa, and Asia Pacific, with 5,100 local market professionals managing over 1.1 billion square feet of property and facilities. Annually, NAI Global completes more than $20 billion in commercial real estate transactions and gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration, and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain, logistics consulting, and related advisory services.
To learn more, visit www.naiglobal.com.
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