by Peter Madrid | Oct 27, 2022 | News & Updates
TEMPE, ARIZ. (Oct. 27, 2022) ‒ For an industry to grow and continue to be relevant and remain a part of the greater business community, it must attract, educate, and retain young professionals.
Through its Young Professionals group and robust student chapter, the Greater Phoenix Chapter of IFMA, the world’s largest and most widely recognized international association for facility management professionals, is doing exactly that – making the presence of the facilities management industry known to young workers.
“Supporting young professionals’ development has been one of my focus points within IFMA globally,” said IFMA Greater Phoenix member Ted Ritter, LEED AP, PBD, PMP, IFMA Fellow, Principal at LMI360. “It’s great to see the YP group within the IFMA Phoenix Chapter gaining traction. Our student chapter is fully engaged as well.”
IFMA Greater Phoenix and other chapters around the U.S. are getting widespread support from the IFMA Foundation through an ambassador’s program and a growth initiative.
Facilities management is a $1.1 trillion global industry with 25 million facilities management professionals. Those figures alone should make it an attractive occupation, but there’s still work to be done in educating, recruiting, and retaining young people.
“The goal is to get young people inspired to pursue a career in facilities management,” said MJ Nagarajan Gomathi, CFM, FMP, SFP, FMG, Facilities Project Manager with Terracon, and a chapter mentor. “We are able to reach out to them through the Phoenix Student Chapter’s programs and young professional committee’s initiatives.”
With technology driving the industry, Gomathi said career aspirations in facilities management can be limitless. Anything associated with the built environment can be a part of facilities management, she said. The same applies to tech support.
“We have a yearlong mentorship program underway, where we pair our highly experienced industry professionals with young professional / student members for one-on-one interactions” Gomathi explained. “This is an excellent way to help them create a path toward a facilities management career.”
Industry data suggest that COVID-19 “expanded the scope of a facility manager’s responsibilities, and at the same time saw an increased demand for facilities managers.” Maintaining a building for the benefit of its occupant is the facilities manager’s responsibility from HVAC systems maintenance to emergency planning, to energy consumption, to overseeing all aspects of communication in the building.
However, facilities management isn’t as well-publicized a viable career option for young professionals.
“Many college students are not exposed to the facilities management career path, if ever until they are already years into their respective majors,” wrote academics Roscoe Hightower, Jr., Ph.D. and James Highsmith in a paper for the International Journal of Facility Management. “Unfortunately, without proper marketing programs in conjunction with high-quality undergraduate and graduate degree programs, the U.S. and other Western hemisphere nations may never produce enough (facilities managers) to meet industry demand.”
According to the IJFM paper, facility management is considered a specialized process-and-services-based profession. After the pandemic, it states, facilities managers graduated to a highly-specialized role. And the results have been positive.
Companies have recognized this shift and demand for facilities managers has surged. In 2021, the global facilities management market was valued at $42.2 billion. By 2028, that market is expected to mushroom to $109.05 billion with an annual growth rate of 12.6 percent.
A hallmark of the IFMA Greater Phoenix Chapter is the comprehensive professional development it offers its members. This includes the knowledge-based Facility Management Professional (FMP) credential that helps members accelerate their transition into the profession and the Sustainable Facility Professional (SFP) credential that helps facility managers make data-driven decisions and understand sustainable best practices. Along with career resources provided to them through various events such as recruiting workshops and career fairs.
The IFMA Greater Phoenix Chapter offers internships and scholarships to future facility management professionals. The Greater Phoenix Student Chapter won the 2017 Award of Excellence as Student Chapter of the Year.
“The career path can take young people from facility coordinators/technicians to supervisors and managers/directors,” Gomathi said. “We also want to reach out to trade schools as well and start training them right away on this career path. We want to show them how they can do it and how they can succeed in the industry.”
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About IFMA
Founded in 1980, IFMA is the world’s largest and most widely recognized international association for facility management professionals, supporting more than 24,000 members in 105 countries. The association’s members, represented in 134 chapters and 17 councils worldwide, manage more than 37 billion square feet of property and annually purchase more than $100 billion in products and services. IFMA certifies facility managers, conducts research, provides educational programs and produces World Workplace, the world’s largest facility management conference and exposition.
The Greater Phoenix Chapter of IFMA, formed in 1985, is one of the top association chapters in the world and winner of IFMA’s Large Chapter of the Year in 2012. It is dedicated to continuous improvement of the facility management profession by providing relevant educational and networking opportunities for its membership while supporting the community as a whole. For more information about the Phoenix chapter ifmaphoenix.org.
by Peter Madrid | Oct 26, 2022 | News & Updates
Land Advisors Organization’s Healthcare Strategy Team represented the buyer in the acquisition of an assisted living and memory care facility in Surprise, Arizona.
Scottsdale, Ariz. (October 26, 2022) – Land Advisors Organization’s Healthcare Strategy Team represented the buyer in the $17.6 million acquisition of Mariposa Point of Surprise, an assisted living/memory care facility in Surprise, Arizona, developed and owned by the McFarlin Group. The facility sits on 3.88 acres at 16650 N. Stadium Way.
The team of Laurie Sandau, Michele Pino, and Michael Brinkley represented an out-of-state buyer entering the Phoenix market in the transaction. The buyer specializes in the consolidation and growth of facilities in the senior living industry, bringing a higher quality of life to its residents.
The Healthcare Strategy Team established a relationship with the McFarlin Group, which had well-placed assets in its portfolio and was looking to exit the Phoenix market.
“Through our relationship with the McFarlin group we received two off-market opportunities,” said Sandau. “The first of the two facilities closed last year and involved a brain injury assisted living home acquiring Mariposa at Algodon for $18.5 million. The second opportunity, Mariposa Point of Surprise, marks this client’s first Phoenix market acquisition and we hope to continue the relationship.”
Mariposa Point of Surprise offers assisted living and memory care for seniors. Amenities of the facility include 2-bedroom apartments, free transportation services, in-house skilled nursing, community dining, off-site activities, and on-site hair salon and barber services. Additional features of the community include private and companion apartment living; internet lounge, living rooms and multiple social spaces; outdoor lounge spaces and walking trails; a community garden; and putting green.
Land Advisors Organization’s Healthcare Strategy Team provides services that include market analysis and strategy planning, site section, and acquisition and deposition of all existing healthcare property types.
About Land Advisors Organization
Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville and San Diego, California; Orlando, Jacksonville and Tampa Bay, Florida; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Atlanta, Georgia; Nashville, Tennessee; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIn.
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by Peter Madrid | Oct 25, 2022 | News & Updates
PHOENIX, ARIZ. (Oct. 25, 2022) – The Arizona Association for Economic Development (AAED) is proud to announce the organization’s second mentorship program participants after a successful inaugural launch in 2021.
The year-long program, aimed at supporting early-career economic development professionals, pairs young professionals with experienced practitioners from around the state.
Last year’s pilot program was the first to come out of AAED’s Young Professionals Affinity Group, which was formed in 2020 with the goal of creating more programming to support AAED’s early-career members.
“Economic development is truly a team sport,” said Carrie Kelly, Executive Director, AAED. “With our mentorship program, we are trying to create that professional development team for our early-career professionals. The relationships they develop over the next year will positively impact their entire careers.”
This year’s mentees are Jaime Lyn Gonzales, Business Development Manager, City of Avondale; Desirae Mayo, Economic Development Specialist, City of Scottsdale; Bianca Hernandez, Sales Manager, Phoenix Convention Center; and Ashley Mazariegos, Economic Development Analyst, City of Buckeye.
Mentors for 2022 are Ken Chapa, Economic Development and Tourism Director, City of Avondale; Richard Wilkie, Economic Development Director, City of Casa Grande; Mike Czechowski, Economic Initiatives Project Manager, City of Tucson; and Thomas Doyle, Economic Development Manager, City of El Mirage.
The Young Professionals Affinity Group is chaired by David Zynda with the Pima Association of Governments (PAG) and the mentorship program is led by Heath Vescovi-Chiordi, Economic Development Director, Pima County. Heath has been a member of AAED since 2016 and has been a consummate advocate for students and early-career professionals.
“As a heavily-mentored individual myself, I quickly realized the immense value of mentorship and what it can do for young and early-career professionals,” Vescovi-Chiordi said. “I truly believe, I would not be where I am today without that mentorship experience. Now, especially in my new capacity, I believe in mentorship in economic development more than ever, which is why we are trying to make that opportunity available to anyone who seeks it in the organization.”
In addition to mentorship from experienced economic development professionals, AAED members who participate as mentees will also get to take advantage of complimentary professional development courses at AAED’s Academy of Arizona, a certificate program that leads to the Arizona Economic Development Professional certification (AZED Pro).
Mentors in the inaugural program were Suzie Boyles, AZED Pro, Economic Development Director at the City of Buckeye; Victor Gonzalez, CEcD, Economic Development Director at the Town of Sahuarita; Kevin Gullette, CEcD, Vice President of Business Development at the Arizona Commerce Authority; Karla Moran, AZED Pro, Principal, Economic Development at SRP; and Nicole Snyder, AZED Pro, Healthcare Business Development and Marketing Leader at orcutt | winslow.
Inaugural mentees were Melissa Steele, Economic Development Specialist, City of Globe; Jessica Bryson, Finance Administrator/Director, Verde Valley Sanctuary; Damian Dorame, AZED Pro, Economic Development/CMO Project Coordinator, City of Douglas; Jorge Hernandez, Senior Consultant, Deloitte; and Andrea Caicedo, Assistant to the City Manager, Town of Marana.
About AAED
The Arizona Association for Economic Development was originally formed as the Arizona Association for Industrial Development (AAID) in 1974 by a small group of economic development professionals and business leaders dedicated to expanding the industrial and economic base of Arizona. This group came together to discuss issues affecting Arizona’s economic development, to promote economic development in the State of Arizona through an interchange of information and educational opportunities among its members, to act as a liaison with outside groups having the same objectives, to influence legislation affecting economic development and to continually improve working relationships among its diverse membership. On Nov. 8,1991, the membership of AAID voted to change the organization’s name to Arizona Association for Economic Development (AAED) to better reflect its broader mission. For more information visit aaed.com.
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by Peter Madrid | Oct 25, 2022 | News & Updates
PHOENIX, ARIZ. (Oct. 25, 2022) – Suzanne Kinney, a 20-year veteran of Arizona public policy, has been named a recipient of the Arizona Capitol Times Women Achievers of Arizona award in the category of Public Service.
The 2022 Women Achievers of Arizona award celebrates the accomplishments of top women in numerous fields. During a challenging year, these leaders persevered and excelled. Their collective work helps Arizonans today and prepares the state for a flourishing future.
The award will be presented to Kinney at a luncheon ceremony at the Phoenix Art Museum.
“Suzanne’s thoughtful and balanced approach to complex public policy issues not only benefits the commercial real estate industry, which she represents admirably but also enriches the state on many levels,” said Sharon Harper, Chairman and CEO of Plaza Companies. “A hallmark of Suzanne’s career is her focus on building a strong and diverse economy with opportunities for businesses and individuals to reach their potential. I congratulate Suzanne for this well-deserved honor.”
Kinney’s career in Arizona public policy began at the Morrison Institute for Public Policy at Arizona State University. She then went on to spend eight years at the Arizona Chamber of Commerce and Industry where she helped transform the organization into the state’s pre-eminent advocate for business. She founded the Arizona Chamber Foundation, a research-based public policy institute in 2008.
Kinney has served as President and CEO of NAIOP Arizona for the past five years. During her tenure, the Arizona Chapter has increased membership by around 30 percent to nearly 1,000 individuals and has won several national awards including NAIOP Chapter of the Year (2021), Most New Members out of all 53 chapters (2021), Best Government Relations Program (2020), and Best Membership Program (2019).
Kinney was selected for the Phoenix Business Journal’s Forty-Under-40 Class of 2009. She was named a Real Estate Power Broker by the Arizona Capitol Times in 2022. She has served on boards of directors for numerous non-profits, and currently serves on the Executive Committee of the Arizona Chamber of Commerce & Industry.
“I am honored to be recognized along with such an impressive group of leaders,” Kinney said. “Public service has always been among my core values. Having the opportunity to contribute to a positive future for our state by shaping public policy is an incredible privilege.”
The complete list of women being recognized can be found here.
NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial, retail, multifamily and mixed-use real estate. NAIOP comprises 20,000 members in North America. The Arizona Chapter is among the largest in the bi-national network with nearly 1,000 members. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit naiop.org or naiopaz.org
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by Peter Madrid | Oct 23, 2022 | News & Updates
PHOENIX, ARIZ. (Oct. 24, 2022) – Corina Burton, Co-Owner and CMO of CPR Construction Cleaning, has been named by Franchise Dictionary Magazine as a 2022 “Woman of Wonder.”
Burton co-founded CPR Construction Cleaning in 2019 and created a brand that has quickly grown to dominate the construction cleaning industry. CPR began franchising in July 2022 and is currently operating 11 franchise units with plans to open in four additional markets by end of 2022.
“Women are disrupting the franchising space, and it’s thrilling,” said Alesia Visconti, CEO of Franchise Dictionary Magazine. “Implementing culture and understanding the importance of everyone feeling valued, women are able to gain commitment from their teams and implement innovative ideas for success.
“Our ‘50 Women of Wonder’ (WOW) are fran-tastic, talented, strong, and dynamic. The franchise community is better for their leadership and wisdom, and we are honored and excited to celebrate their powerful contributions,” Visconti said.
Phoenix-based CPR Construction Cleaning has franchise locations in Utah, Texas and Arizona, with franchise opportunities in Tucson and Northern Arizona.
Since launching in 2019, CPR Construction Cleaning has experienced tremendous growth the past. Burton co-founded the company with another facility maintenance professional, Patrick Maez. It offers three phases of cleaning: progress/rough cleaning, final cleaning and touch-up cleaning. During the height of the pandemic, CPR Construction Cleaning offered a disinfecting service for COVID-19-related mitigation.
“We created more than a service-based company with CPR Construction Cleaning,
Burton said. “We offer real solutions for the cleaning industry in the construction space. We are true industry partners dedicated to high quality and problem-solving. Our innovation is what sets us apart from the rest.”
Burton said CPR Construction Cleaning partners with general contractor clients “in such a way that we help alleviate additional unexpected expenses because of our expertise and partnership.”
With large projects, there are numerous entities involved in so many phases as well as safety measures that need a dedicated professional crew onsite.
Burton said CPR’s biggest success so far is “having a company that is making a difference in the construction industry. We have had multiple clients provide feedback on how grateful they are in having a specialized cleaning company focused on all of the right aspects of our side of the business.”
“The CPR team is excited to have established the very first specialized construction cleaning company in the franchise space in the US. To be a part of the CPR difference, industry-leading expertise in construction cleaning is now available nationwide,” Burton said.
Proceeds from the October issue will be donated to the Susan G. Komen Breast Cancer Foundation. The Franchise Dictionary Magazine is a national digital publication, with nearly 450,000 readers and targets prospective franchisees in an informative and educational format.
For more information about CPR Construction Cleaning, visit cprclean.com.
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by Peter Madrid | Oct 18, 2022 | News & Updates
Local Juicery goes from renting to owning, and eyes future expansion, thanks to a loan from Phoenix-based CDC Small Business Finance.
PHOENIX, ARIZ. (Oct. 18, 2022) – Michael and Summer Sanders always dreamed of owning a business, not just leasing a commercial property that wasn’t their own.
An SBA 504 loan allowed them to switch from renters to fully owning the business and property, thanks to CDC Small Business Finance. The Sanders, a husband/wife team that owns Local Juicery in Sedona, Arizona, were able to purchase the existing space they have leased since December 2014 with an SBA 504 commercial real estate loan.
The loan provides operations security, employee retention, space for expansion, and control of their commercial real estate needs, Michael Sanders said. He added that future expansion to an outdoor patio space would add value to the asset.
“It feels amazing to be able to use our space as we want and not have a silent partner with whom to make decisions,” Michael Sanders said. “CDC Small Business Finance really helped manage our expectations and worked with us on the timeline and all the details. Their exemplary customer service made the process seamless; working through the application process, working with the lender, working through the funding process, and ultimately ending with a 25-year fixed rate.”
Michael (left) and Summer Sanders, owners of Local Juicery in Sedona.
With loans such as the one facilitated for the Sanders, Phoenix-based CDC Small Business Finance continues to lead economic development in Arizona. It remains the No. 1 lender for the combined number of loans through Q4 of Fiscal Year 2022 (July-September), approving 99 loans totaling $95 million in the Arizona District.
CDC Small Business Finance is part of the Momentus Capital family of organizations, which also includes Capital Impact Partners and Ventures Lending Technologies.
The Sanders’ retail building is located at the intersection of 3150 W. State Route 89A and 20 Dry Creek Road. The property consists of a 7,781 SF retail building with patio seating space. The patio is an essential part of the business operation, with an ambiance that helps attract customers.
Before founding Local Juicery alongside his wife, Michael Sanders was a Navy SEAL officer, honors graduate of the U.S. Naval Academy, and project manager for a national commercial construction firm building luxury retail stores for Tesla, Tory Burch, Zara, West Elm, William Sonoma, and Jenni Kayne.
Summer Sanders has been a chef most of her life. She trained with the famous plant-based chef Matthew Kenney for her initial training. She worked with him to start several restaurants in Los Angeles before moving into her own entrepreneurial endeavors as a private chef for celebrity clients and starting her own restaurants.
“Our goal is to prequalify borrowers before identifying a property or entering a purchase contract. Michael and Summer provided a full financial package, which allowed us to structure the loan and work with their lender on a prequalification prior to negotiations,” said Belinda Rosthenhausler, CDC Small Business Finance’s vice president and commercial lender for Arizona and Nevada.
“The prequalification letter assures the seller of the buyer’s ability to secure financing. SBA financing requirements are extensive and our partnership with lenders allows us to find the perfect fit. Every loan request is specific to the small business,” Rosthenhausler said.
Local Juicery is just one example of how the SBA 504 loan structure continues to be in high demand, despite rising interest rates. The 25-year fixed interest rate option provides a controlled budget for business owners who are seeing lease rates continue to climb.
The Phoenix office comprises Rosthenhausler and Chris Bane, Vice President, Senior Commercial Lender.
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About CDC Small Business Finance
CDC Small Business Finance is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. The nation’s leading mission-based small business lender CDC delivers small business and commercial real estate loans paired with small business owner assistance to bolster entrepreneurship, economic development, and job creation.
CDC offers numerous financing products including the Small Business Administration (SBA) 504 commercial real estate loans; SBA Community Advantage working capital loans; and the SBA Microloan. We also offer non-SBA products to provide more equitable access to credit for those who are unable to qualify for traditional financing. CDC also provides free business advising to support both potential borrowers to get loan-ready as well as to help existing small business borrowers grow and expand their business.
CDC is now part of the Momentus Capital family of organizations, including Capital Impact Partners and Ventures Lending Technologies. Together, we offer a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.
Since 1978, CDC has provided more than $21.3 billion in funding to 12,000 borrowers and helped create and preserve over 214,000 jobs.
Learn more at cdcloans.com and momentuscap.org
by Peter Madrid | Oct 13, 2022 | News & Updates
PHOENIX, ARIZ. (Oct. 13, 2022) – The Arizona Chapter of NAIOP, the Commercial Real Estate Development Association, this week kicked off the second semester of partnering with Junior Achievement of Arizona to teach a course entitled Real Estate Development and the Built Environment to students at Gateway Early College High School.
During the five-class program, volunteers from NAIOP Arizona use a curriculum originally designed by industry group REIAC and further refined by NAIOP volunteers to teach students the basics of commercial real estate development, including different building types, entitlements and zoning, financing a project, putting together a team, and finding tenants.
The second semester launched on Oct. 12 and culminates on Nov. 4 with a student competition. The instructor this semester is Kanisha Saunders.
“We are pleased to continue our partnership with Junior Achievement of Arizona to offer a quality curriculum that introduces high school students to the development process and careers in commercial real estate,” said Suzanne Kinney, President and CEO of the Arizona Chapter of NAIOP. “Making sure that young people from all backgrounds have the opportunity to learn about rewarding career paths in real estate is a priority for our association.”
This semester’s volunteers are Jim Mahoney and Brady Maus, Trammell Crow Company; Samantha Pinkal, Greater Phoenix Economic Council (GPEC); Eric Whitehurst, Kimley-Horn; David Kinney, Raintree Capital; Alex Boles and Rodney Bowden, ViaWest Group; Peggy Maxwell, Plaza Companies; and Stirling Pascal, STREAM Realty.
“A critical, and unfortunately, often lacking part of today’s learning experience is the exploration of future career possibilities. At Junior Achievement, we bridge the gap between what students learn in the classroom and what employers need in their future workforce,” said Colleen Cox, Senior Vice President of Education at Junior Achievement of Arizona.
“Partnering with organizations like NAIOP to help students imagine a future in fields that offer high-wage, high-growth opportunities is good for Arizona – for the future employees, industries, and the community as a whole. We are proud to partner with NAIOP and inspire the future generation of Arizona developers,” Cox said.
About NAIOP
NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial, retail, multifamily and mixed-use real estate. NAIOP comprises 20,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit naiop.org.
About Junior Achievement of Arizona
Junior Achievement of Arizona (JA) is a 501© (3) nonprofit organization that equips Arizona students to succeed in work and life by giving them the knowledge and skills they need to manage their money, plan for their future, and make smart academic, career and economic choices. Since 1957, JA has taught kids, kindergarten through high school, about financial literacy, work readiness and entrepreneurship. The organization’s hands-on, age-appropriate programs are delivered by more than 5,000 corporate and community volunteers. Despite educational obstacles during the pandemic, JA reached approximately 100,000 students in the 2021-2022 school year. Follow @JAArizona on social media or visit jaaz.org/resources for more free online educational tools.
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by Peter Madrid | Oct 13, 2022 | News & Updates
PHOENIX, ARIZ. (Oct. 13, 2022) – The Central Arizona chapter of CCIM, commercial real estate’s global standard for professional achievement, is pleased to announce a full slate of fall events including a designee lunch, its annual golf outing, and a happy hour with two other industry partners.
Here’s what’s on tap:
CCIM Designee Lunch: Is the sky falling, is a recession coming? If so, how deep, how long will it last? Sean McCarthy, Managing Director, Wells Fargo. McCarthy is a senior private wealth portfolio manager with The Private Bank in Wells Fargo’s Wealth & Investment Management division.
He connects advice with investment implementation for clients of The Private Bank. He also provides thought leadership delivering insight and interpretation of the economy and financial markets based on the strategy and research of Wells Fargo Investment Institute.
The event is Oct. 25, from 11:30 a.m. to 1 p.m., at Pitch, 6350 E. Thomas Road, Scottsdale. The event is free to CCIM designee Central Arizona Chapter members; $25 for CCIM designee non-chapter members.
Drafting the NNN Free-Standing Building Lease: Licensees with learn how to properly draft the NNN free-standing building lease whether the property is office, retail, industrial, or restaurant. Necessary Exhibits to the lease will be provided to attendees.
The event is Oct. 28 from 8:30 a.m. to 11:30 a.m., at the Esplanade E-Center, 2501 E. Camelback Road, Suite 50, Phoenix. The event is free to CCIM Central Arizona Chapter members; $35 for non-members and guests.
November Chapter breakfast meeting with Liz Recchia: Join Liz Recchia, Director of Government Affairs, WeSERV Association of Realtors, and a panel as they discuss how commercial real estate professionals are impacted by government policies.
The event is Nov. 2, from 7 a.m. to 9 a.m. at the Esplanade E-Center, 2501 E. Camelback Road, Suite 50, Phoenix. Registration is $40 for CCIM members; $55 for non-members.
PAR-TEE on the Green and 18 Hole Golf Scramble: Join Central Arizona CCIM and Clear Direction Investments at the annual PAR-TEE on the Green & 18 Hole Golf Scramble. There are non-golf-related events after the scramble as well including a BBQ lunch, networking, and a chance to win raffle items.
The golf event is Nov. 10, from 8 a.m. to 4 p.m., at Papago Golf Course, 5595 E. Karsten Way, Phoenix. Registration fees are $1,000 per foursome (golf scramble and PAR-TEE event); $275 per individual (golf scramble and PAR-TEE event); and $125 for the PAR-TEE event.
CCIM/IREM/AZCREW industry mixer: CCIM Central Arizona joins IREM Greater Phoenix and AZCREW for an industry mixer Nov. 15, from 5 p.m. to 7 p.m. at Ocotillo 3243 N. 3rd St., Phoenix.
Click here for more information and to register for these events.
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by Peter Madrid | Oct 11, 2022 | News & Updates
PHOENIX, ARIZONA (Oct. 11, 2022) – Transactions involving a retail building and office space in the Southeast Valley highlight recent deals closed by NAI Horizon professionals. A retail building in Gilbert sold for $2.26 million and office space in Chandler sold for $21,000.
Sale Transactions:
Matt Harper, CCIM, negotiated the sale of a 7,702 SF retail building representing the seller, GGR Holdings, Inc., for $2.26 million. The property is located at 4024 E. Guadalupe Road, Gilbert, AZ. The buyer, Michael P. Glick, was represented by Carrick Sears with SVN.
Joe Pequeno and Troy Giammarco negotiated the sale of 728 SF office space representing the seller, Westhouse Properties, LLC, for $210,000. The property is located at 5505 W. Chandler Blvd., Suite 6, Chandler, AZ. The buyer, Wilbur Management Group, Inc., was represented by Stu Wilbur with Wilbur Management Group, Inc.
Lease Transactions:
Jay Mininberg represented the tenant, Five Point Wealth Advisors, LLC, in a 63-month office lease for 2,248 SF at 8925 E. Pima Center Parkway, Scottsdale, AZ. The landlord, Pima Freeway Commerce Center III, LLC, was represented by Shawn Dooley with Ross Brown.
Thomas Bean, CCIM, and Laurel Lewis represented the landlord, State Bar of Arizona, in a 60-month office lease for 1,780 SF at 4201 N 24th St., Phoenix, AZ. The tenant, Pacific Southwest Minority Supplier Development Council, was represented by Darius Green with Keyser.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Queen Creek Fiesta, LLC, & JW Duke Enterprises, LLC, in a 60-month retail lease for 1,300 SF at 44460 W. Edison Road, Maricopa, AZ. The tenant, GNC Holdings, LLC, was represented by Neil Board with Western Retail Advisors.
Don Morrow and Dylan Whitwer represented the tenant, Better Living Wellness, LLC, in a 60-month office lease for 2,432 SF at 7725 N. 43rd Ave., Phoenix, AZ. The landlord, Mesa 7165 East University, LLC, was represented by Samuel Rutledge with CPI.
Joe Pequeno and Troy Giammarco represented the tenant, Downstreem, LLC, in a 65-month office lease for 1,346 SF at 10451 W. Palmeras Drive, Sun City, AZ. The landlord, Bell Plaza Arizona, LLC,/Lineage CRE, was represented by Tyler Smith with Kidder Mathews.
Thomas Bean, CCIM, represented the landlord, Joseph & Esther Arianeh, in a 36- month office lease for 2,806 SF at 10240 W. Bell Road, Sun City, AZ. The tenant, Maxfar, LLC, was self-represented.
Matt Harper, CCIM, represented the landlord, HBR Properties, LLC, in a 37-month retail lease for 1,440 SF at 3825 N. 75th Ave., Phoenix, AZ. The tenant, Vasquez Ramirez Edmundo E, was represented by Marisol Herrera with At Home Real Estate AZ.
Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 48-month retail lease for 2,240 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Leroy and Juanelda Grogen, were self-represented. ar
Matt Harper, CCIM, and Thomas Bean, CCIM, represented the landlord, Achuldjan, LLC, in a 36-month office lease for 1,557 SF at 4616 N 51st Ave., Phoenix, AZ. The tenant, Gila Internal Medicine & Geriatrics, P.C. was self-represented.
Matt Harper represented the tenant, KBM Holdings, in a 38-month retail lease for 2,048 SF at 318 E. Brown Road, Mesa, AZ. The landlord, Brown Road Baseline, LLC, was represented by Michael Achtman with Orion.
Thomas Bean, CCIM, represented the landlord, Joseph & Esther Arianeh, in a 24-month office lease for 1,854 SF at 10240 W. Bell Road. The tenant, David Dobrusin CPA, LLC, was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, New Legacy Treatment Center, LLC, in a 12-month at 3414 N. 27th Ave., Phoenix, AZ. The landlord, Professional Roadside Assistance, LLC, was represented by Tarif Jaber with Jaber.
Matt Harper, CCIM, represented the landlord, Missouri Plaza, LLC, in a 13-month retail lease for 2,000 SF at 4304 W. Missouri Ave., Glendale, AZ. The tenant, RiverRock Staffing, LLC, was self-represented.
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 located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, 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 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 and a 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 and logistics consulting and related advisory services.
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by Peter Madrid | Oct 10, 2022 | News & Updates
GILBERT, ARIZ. (Oct. 11, 2022) – The success of a proprietary program employed by environmental compliance consulting firm Earthworks Environmental has led to the formation of a new company, ERX Industries.
For the past 8 years, Earthworks Environmental has employed ERX, an environmental reporting software program that puts all aspects of environmental compliance into one program. This includes permits, inspections, and maps.
Cherie Koester
“ERX is the software program we created to house all of our inspections for our clients; it takes what used to be done on carbon copy paper and creates a more manageable electronic format,” said Cherie Koester, CEO of Earthworks Environmental and sole owner and CEO of ERX Industries.
“The ease of use for both Earthworks’ compliance managers (inspectors) and the client (land developers, superintendents, trades, regulators, etc.) is exponential. The feedback we have been given by our clients and the regulatory community has been astounding.”
Koester said one of the largest national homebuilders in the U.S. purchased a license for its own use throughout all of its national locations.
“We will be assisting them to get our program into their in-house system and continue to help manage and update the program as well,” she added.
ERX was developed for large-scale national builders based on their feedback of what they wanted and needed, Koester said. It is user-friendly for consultants, builders, and regulators. It is customizable to specific projects, builders, and states. Builders and stormwater experts created it.
Earthworks Environmental currently has approximately 2,400 active users nationally in ERX. It is available as a subscription base or license purchased, Koester said.
“ERX is a great tool for a variety of reasons. It provides the ability for proposal requests, corrective actions are labeled and numbered, it features a regulator button that allows everyone associated with that site to get notifications, it is customizable according to region and city regulatory requirements, and inspection forms take less time to fill out for inspectors,” Koester said.
ERX also provides a digital rain log that each morning sends inspectors an email telling them where rain inspections are required. It replaces an actual rain gauge on-site. Digital maps and editing allow a project to be viewed remotely via a live map.
Other features include customizable templates for inspection reports, tracking and managing action items noted during an inspection, and an alert and notification system for overdue items.
“With ERX, you can add as many users as needed with ability to manage user access and roles. All documents and data are accessible online from any device. ERX provides secure and reliable records retention, which meet regulatory requirements,” Koester said.
Earthworks Environmental boasts 61 employees nationwide with work performed in 24 markets. It consults on more than 1,500 permits nationally.
Services provided include stormwater pollution prevention, dust control, and construction safety compliances. The firm primarily serves land developers, vertical developers, commercial construction, and land-holding companies.
To learn more about Earthworks Environmental visit earthworksenv.com.
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