by Peter Madrid | Aug 22, 2022 | News & Updates
GILBERT, ARIZONA (August 22, 2022) – Hunter Contracting Co. proudly announces that it has elevated two Senior Project Managers – Adam Nash Sedgeman, P.E., and Ian Shantz – to the position of Project Sponsor.
Sedgeman, a Hunter employee for over two years, will manage all Tucson and Southern Arizona operations. In addition, he will support Hunter teams across the board, monitoring labor and equipment leads. Sedgeman will also select future pursuits that fit Hunter’s project teams. He possesses 13 years of construction industry experience, having previously worked at FRP Construction and KE&G Construction.
Shantz, who has been with Hunter for three years, will direct the firm’s Phoenix Transportation, Bridges and Structures, and Parks and Recreation construction. Shantz possesses more than 20 years of construction industry experience. He previously worked at Ames Construction, Pulice Construction, and Kiewit.
“Adam and Ian are a great addition to our leadership team,” said Hunter President Chuck English. “Both have the experience and knowledge to provide cost-effective solutions to construction challenges and bring tremendous value to our customers.”
A native of Minnesota, Sedgeman earned a Bachelor of Science degree in construction engineering from North Dakota State University and a Master of Science in civil engineering from the University of Arizona. He holds a P.E. license with the state of Arizona.
Sedgeman is a member of the Alumni Industry Council at the University of Arizona. Away from the office, he enjoys collecting vinyl records and coins and spending time with his family.
A native of Wyoming, Shantz earned a Bachelor of Science degree in civil engineering from the University of Wyoming. Away from the office, he enjoys boating, water skiing/wakeboarding, and snow skiing.
About Hunter Contracting Co.
In 1947, William R. Hunter began constructing concrete-lined ditches for farmers across the East Valley and he formed Hunter Ditch Lining (HDL) a year later. Armando Taddei joined HDL and after a few years of working for the company, Mr. Taddei purchased HDL in 1961. The same year, Mr. Taddei founded Hunter Contracting Co. (Hunter). The company is currently led by Max Taddei, Chairman of the Board, and Amy Ostwinkle, Corporate Secretary, as the third generation of the Taddei family to lead Hunter.
Hunter is a heavy site/civil construction company specializing in preconstruction and construction services in transportation, water and wastewater, parks and recreation, underground utilities and rehabilitation, site development, and irrigation and flood control. Hunter has offices in both Gilbert and Tucson to provide an outstanding project experience to public and private clients and industry peers throughout Arizona. Hunter continues to diversify through the acquisition of a revolutionary product known as Con-Arch™. Con-Arch has made it possible for Hunter to construct concrete arches, substituting for box culverts, at reduced cost while offering improved aesthetics and increased structural integrity. For more information, visit www.huntercontracting.com.
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by Peter Madrid | Aug 17, 2022 | News & Updates
PHOENIX, ARIZONA (August 17, 2022) – NAI Horizon represented the landlord, ViaWest Group, in a long-term lease for a national package delivery firm at Airport48 Industrial, a Class A industrial building expected to deliver in 1Q 2023.
NAI Horizon Executive Managing Director Isy Sonabend and Associate Drew Eisen represented VWP 48th Street Owner, LLC (ViaWestGroup), in the long-term lease worth $4.797 million. Expeditors International of Washington, Inc., will occupy 39,396 SF of the turnkey building, which will total 146,526 SF upon completion.
Airport48, 3232 S. 48th St., in Phoenix, is under construction on 10 acres of industrial-zoned land. The state-of-the-art warehouse is located on one of the last remaining infill land sites in Central Phoenix, just minutes from Phoenix Sky Harbor International Airport.
“This is the third long-term tenant the NAI Horizon team has secured for the landlord at Airport48,” Sonabend said. “Previously, we were proud to welcome SouthernCarlson as the first tenant at Airport48, followed quickly by Monterrey Tile Company. This location provides quick access to the entire Phoenix freeway grid, as well as direct entrance to Sky Harbor International Airport, an amenity crucial to our tenants. The signing of this third lease now makes Airport48 100 percent leased.”
The central location of Airport48 and its proximity to the freeway system through a full diamond interchange will provide logistics-based companies convenient access to
all points in the Metro Phoenix market. It will also provide same-day drive times to key Western markets such as Los Angeles, Las Vegas, Salt Lake City, and Albuquerque, N.M.
Founded in 1979, Expeditors International specializes in supply chain solutions, transportation, customs and compliance, and warehousing and distribution. Its 2021 revenue was $16.5 billion.
Andrew Mager with Fischer & Company, and Tom Louer with Lee & Associates Arizona represented Expeditors International of Washington, which is headquartered in Seattle.
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.
To learn more visit www.naiglobal.com.
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by Peter Madrid | Aug 17, 2022 | News & Updates
PHOENIX, ARIZONA (August 17, 2022) – On the 30th anniversary of the Arizona Multihousing Association and Cox Communications Tribute Awards, a record 29 winners were honored as the best and brightest of Arizona’s rental housing industry.
More than 1,600 were in attendance on August 12 at the Phoenix Convention Center as the Arizona Multihousing Association (AMA), the statewide trade association for the apartment industry, hosted the 30th Annual AMA/Cox Communications Tribute Awards.
This Tribute Awards were about more than one night of recognition. The state’s apartment industry was hit hard by the COVID-19 pandemic two years ago. Buoyed by the strength and resilience of its members and leadership, it has bounced back.
Courtney LeVinus
“Look around this room. It’s great to be back in person. Tonight, on the 30th anniversary, we celebrate the biggest Tribute Award celebration ever,” said Courtney LeVinus, AMA President and CEO. “This is a great way to come back from the pandemic. It fills my heart with joy to see everyone in person. This is the night we celebrate our own – the best and brightest in the industry.”
A record 790 nominations from 33 member companies participated. Volunteers donated more than 700 hours of their time to judge all the nominees. The AMA’s nomination and interview process is one of the most rigorous in the industry. Nominees complete an aptitude test and AMA judges conduct in-person interviews and some have personal shops or inspection of the properties and teams.
A total of 29 awards were handed out: 20 to individuals, five to teams, and four to properties.
“I’m so proud to see our outstanding teams and individuals recognized tonight. I know it’s a special honor,” said Scott Hines, PEM Real Estate Group and the 2022 AMA Board Chair. “Our members do an impossible yet very important job each day and make it look easy. They do it to improve the quality of the industry. Tonight, it’s their chance to lift one another up and celebrate.”
Arizona’s apartment industry annually generates 131,000 jobs, $699 million in wages, and an economic impact of $3.8 billion.
2022 Tribute Awards winners
Best Community Team of the Year Built Prior to 2003
- Villa Toscana, MEB Management Services
Best Community Team of the Year Built 2003-2013
- Desert Parks Vista, Sares Regis Management Company
Best Community Team of the Year Built 2014-2021
- The Place at Sonoran Trails, MC Residential
Best Community Team of the Year Outside the Valley
- Casa Bella, MEB Management Services
Best Community Team of the Year Student Housing
- Junction at Ironhorse, Asset Living
Corporate Employee of the Year
- Sarah Blik, MEB Management Services
Arizona Executive of the Year
- Jennifer Staciokas, Western Wealth Communities
Housekeeper of the Year
- Brianda Martinez, Kalon Luxury Apartments, P.B. Bell
Service Technician of the Year
- Marcus Gabaldon, Lazo, Avenue5 Residential
Community Manager of the Year 1-199 Units
- Erik Husa, Arches at Oracle, Scotia Group Management, LLC
Community Manager of the Year 200-299 Units
- Bernadette Basso, Vela Camelback, Asset Living
Community Manager of the Year 300+ Units
- Louis Wonnacott, Avana Desert View, Greystar Real Estate Partners
Community Manager of the Year Outside the Valley
- Jamie Medina, Woodlands Village, Bella Investment Group
Property Supervisor of the Year
- Jonita Beisgen, MEB Management Services
Regional Service Supervisor of the Year
- David Rensch, Avenue5 Residential
Assistant Manager of the Year
- Justine Solorio, University Square, Bella Investment Group
Leasing Consultant of the Year
- Annette Hodges, Escape, Weidner Apartment Homes
Service Supervisor of the Year 1-199 Units
- Michael DaVaney, Lakeside Drive, Mark-Taylor Residential
Service Supervisor of the Year 200-299 Units
- Terry Gatlin, Villa Toscana, MEB Management Services
Service Supervisor of the Year 300+ Units
- Mike McKibben, Montreux, Asset Living
Service Supervisor of the Year Outside the Valley
- Bryan Sampson, Cedar Ridge, MEB Management Services
Affordable Community of the Year
- Steeple Chase, Avenue5 Residential
Renovated Community of the Year
- The Place at Canyon Ridge, MC Residential
Developers Award for Best Community Design Garden Style
- Senderos at South Mountain, Senderos at South Mountain, LLC
Developers Award for Best Community Design Mid/Low Rise Style
- Roadrunner Apartments, JLB Residential
Industry Partner of the Year Statewide
- Christopher Walker, Clark & Walker, P.C.
Industry Partner of the Year Tucson
- Blythe Edmondson, Edmondson & Landon Law
Volunteer of the Year Statewide
- Flor Aparicio, Chamberlin + Associates
Volunteer of the Year Tucson
- Lisa Rosenfeld, HSL Asset Management
About Arizona Multihousing Association:
The Arizona Multihousing Association is the statewide trade association for the apartment industry, representing more than 2,300 members in legislative, legal and regulatory matters. The mission of the Arizona Multihousing Association is to unite multifamily housing leaders in one trusted voice for Arizona’s rental community. For more information, visit azmultihousing.org.
by Peter Madrid | Aug 11, 2022 | News & Updates
SCOTTSDALE, ARIZONA (August 11, 2022) – The Top 5 deals closed in July by LevRose CRE/TCN Worldwide brokers totaled almost $16 million for selling three offices, one retail property, and one industrial property across the Valley.
The top transactions for July:
Partners Zak Kottler, Joe Cosgrove, Trent McCullough, CCIM, Danielle Davis; Vice President Mark Cassell; Senior Advisor Hunter Chasse; and Advisor Matt Beeks represented the seller and buyer in a $5 million deal for 7045 E. 3rd Ave., in Scottsdale. The retail property totals 12,000 SF. The seller was Marge and Mavis, LLC; the buyer was 5th & Marshall, LLC.
Partners Jason Reddington, CCIM, and Keri Davies represented the buyer, Triumph Van Buren Acquisition, LP, in the $4.4 million purchase of 4130 E. Van Buren St., in Phoenix. The office totals 31,475 SF. The seller was 4130 Gateway Center, LP.
Partner Aaron Norwood and Advisor Landon McKernan represented the seller, Paul Wesley Construction, ACC, in the $2.25 million disposition of 4946 E. Ingram St., in Mesa. The industrial property totals 8,930 SF. The buyer was MGML Properties, LLC.
Partners Zak Kottler, Joe Cosgrove, Trent McCullough, CCIM, Danielle Davis; Senior Advisor Hunter Chasse; and Advisor Brandon Mondragon represented the seller and buyer in the $2.15 million transaction of 8990 E. Raintree Drive in Scottsdale. The office property totals 7,447 SF. The seller was Wolverines-Huskers Realty, LLC; the buyer was Wolf Patch Investments, LLC.
Partners Zak Kottler and Joe Cosgrove and Senior Advisor Hunter Chasse represented the seller and the buyer in a $1.99 million deal for 14201 N. 87th St., C131, in Scottsdale. The office property totals 6,348 SF. The seller was Affinity Holdings, LLC; the buyer was Region Rentals, LLC.
About LevRose
LevRose Commercial Real Estate is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, LevRose has been helping clients with every aspect of leasing, buying, selling, and managing commercial properties. With some of the top professionals in the industry, LevRose takes a higher level of accountability for each client. Commercial Property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties. Learn more at levrose.com.
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by Peter Madrid | Aug 11, 2022 | News & Updates
PHOENIX, ARIZONA (August 11, 2022) – NAI Horizon represented the seller and the buyer in the $3.95 million disposition and acquisition of a popular and well-maintained retail center on bustling 43rd Avenue in Glendale, Arizona.
NAI Horizon Managing Director Matt Harper, CCIM, facilitated the deal for Olive Crossing, 9250 N. 43rd Ave., in Glendale.
The seller was 43rd Ave LLC; the buyer was Arizona MSK LLC and Gavin Holdings LLC.
“This is the first time the property was available and offered for sale on the market in more than 30 years,” Harper said. “I have worked with the seller on the property leasing since 2016. The buyer was another long-time client that was in a 1031 Exchange. I have worked on leasing the buyer’s properties since 2015.”
Olive Crossing features visible location with strong traffic counts, a large end-cap fronting 43rd Avenue, monument signage, and covered parking for tenants. The retail center totals 30,040 SF.
Tenants include Cardenal Stereo, State Farm Insurance, Glendale Pawn, and Joni’s Hair.
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.
To learn more visit www.naiglobal.com.
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by Peter Madrid | Aug 9, 2022 | News & Updates
Leaders of two Arizona-based homebuilding and land development firms tapped to serve on Cecilian Partners’ board, assisting the firm with its growth strategy, operational oversight, and market penetration.
New Hope, Pa. (Aug 9, 2022) – Cecilian Partners Inc., a Pennsylvania-based real estate property technology company, announces that executives with two Arizona-based homebuilding and land development firms have joined its board of directors. Stephanie McCarty, chief marketing and communications officer at national homebuilder and developer Taylor Morrison, and Greg Vogel, founder and CEO of Land Advisors Organization have been named to the board to assist Cecilian Partners with its growth strategy, operational oversight and market penetration. They join the firm’s five other distinguished industry leaders currently serving on Cecilian Partners’ board of directors.
Greg Vogel
As chief marketing and communications officer, McCarty has transformed the company culture and branding position nationwide, led several acquisitions that helped catapult Taylor Morrison to one of the country’s largest residential homebuilders, led efforts resulting in the brand being recognized as America’s Most Trusted® Home Builder by Lifestory Research seven years running, and positioned Taylor Morrison among the first to move the future of new construction home shopping forward with innovative, industry-leading customer acquisition tools. As an award-winning CMO, McCarty is keenly focused on driving revenue-generating marketing strategies that include purposeful technology positioned to solve customer pain points within the shopping and buying experience.
Greg Vogel founded Land Advisors Organization in 1987. As chief executive officer of the nation’s largest land advisory and brokerage firm, Vogel has led the firm’s expansion into 29 growth markets across the United States. Land Advisors Organization recently entered into a partnership with Cecilian Partners to further expand its proptech capabilities and extend its services for builders and developers beyond land analysis and sales into land development, lot management, and the enhancement of the new home buying experience.
Cecilian Partners is an early-stage proptech firm that has modernized the land development, home building and home buying experience. The firm’s patented digital platform simplifies and streamlines data, digital marketing, and operations by centralizing every stage of the planning and community development process while enhancing the new home buying experience. The specialized technology assists builders and developers with real-time lot and inventory management utilizing an anti-repetition algorithm.
Co-Founders John Cecilian and Philip Worland are thrilled to have McCarty and Vogel join their board of directors.
“Greg brings a level of master-planned community expertise and deep knowledge of the category. Being a true entrepreneur as well, Greg knows and understands the recipe of what fast growth looks like for organizations and what it takes to achieve it,” said Cecilian.
Cecilian, being obsessed with the customer journey, knows that Taylor Morrison shares his passion for creating an exemplary consumer experience. He turned to McCarty, who has spearheaded digital innovation at Taylor Morrison with the launch of an industry-first e-commerce system to purchase and build homes entirely online, empowering shoppers in their homebuying journey.
“Stephanie brings a strategic and innovative view of the successful customer experience. As an expert on the intersection of digital product and homebuilding, she understands the value of bringing progressive thought leadership to an often tech-starved industry. Her knowledge and expertise will help both Cecilian Partners and our clients to better engage with consumers through digital transformation,” said Cecilian.
Cecilian Partners anticipates beginning its Series A fundraising in late 2022 or early 2023.
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by Peter Madrid | Aug 8, 2022 | News & Updates
PHOENIX, ARIZ. (August 8, 2022) – The Central Arizona chapter of CCIM, commercial real estate’s global standard for professional achievement, presents its September breakfast program featuring a panel discussion with industry experts on the Valley’s commercial real estate outlook.
“This discussion comes at the perfect time. The Metro Phoenix commercial real estate market is enjoying significant tailwinds despite the myriad of troubling macroeconomic issues,” said Chapter President Todd Hamilton, CCIM, SIOR, Managing Partner, Citywide Commercial. “The Central Arizona Chapter of CCIM has assembled an all-star lineup of industry experts.”
Serving as moderator for the event is Kathryn Peacock, Partner, Engineering and Science, Inc.
The commercial speaker is Gregg Kafka, CCIM, Lee & Associates; the healthcare speaker is Marina Hammersmith, CCIM, Orion Investment Real Estate; the industrial speaker is Rusty Kennedy, Managing Director, Stream Realty; and the retail speaker is Joshua Simon, Founder and CEO, SimonCRE.
The event is on September 7, from 7:30 a.m. to 9 a.m. at the Esplanade E-Center, located at 2501 E. Camelback Road, Suite 50, in Phoenix. Check-in and breakfast are from 7:15 a.m. to 7:45 a.m. The program is from 8 a.m. to 9 a.m.
The registration fee is $40 for Chapter members; $55 for non-members. A breakfast buffet will be served. Register here.
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by Peter Madrid | Aug 5, 2022 | News & Updates
Land Advisors Organization’s Healthcare Strategy Team represents Valleywise Health as part of an integrated project management solution for real estate site selection and other services.
Scottsdale, Ariz. (August 5, 2022) –Land Advisors Organization’s Healthcare Strategy Team represented Valleywise Health in the $1.8 million disposition of a 15,750 square-foot medical office building that once housed the Maryvale Community Health Center. The team has represented Valleywise Health since 2017 as a part of an integrated project management solution for real estate site selection and other services.
The 2.43-acre property, purchased by a local non-profit organization, is located at 4011 N. 51st Ave., in Phoenix. Built in 1991, the former Valleywise Community Health Center – Maryvale features individual clinical spaces and a community training room. It includes 158 parking spaces (10/1000).
“The expertise that the healthcare team at Land Advisors Organization brings to our deals is unparalleled and has helped us considerably with the implementation of our strategy,” said Warren Whittney, senior vice president with Valleywise Health. “Having access to market insights and the data they provide allows Valleywise Health to confidently plan and execute our site selection and growth strategy, ensuring that we are strategically located in the communities we serve.”
Land Advisors Organization’s Healthcare Strategy Team, comprised of industry veterans Michael Brinkley, Michele Pino and Laurie Sandau, represented Valleywise Health also known as the Maricopa County Special Health Care District (Stephen Purves Principal). The buyer was represented by Kevin Helland with Avison Young.
“The team has located seven sites for new Valleywise community health centers, as well as handling the disposition of their excess real estate,” Pino said. “We also represented Valleywise in the acquisition of the Maryvale Hospital, which was converted to a behavioral health hospital. This transaction is the fourth sale of an excess Valleywise clinic building site.”
The Healthcare Strategy Team focuses on advising and guiding the healthcare industry in Arizona through every stage of its real estate decisions. The team offers advisory services to healthcare users, developers, municipalities and investors to best ensure that growth plans are timely and geographically strategic. Services include front-end consulting strategies that analyze and report on healthcare infrastructure needs, site selection and development opportunities, full-spectrum leasing services, and sales.
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; Atlanta, Georgia; Charlotte, North Carolina; Nashville, Tennessee; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah; Kansas City, Kansas; and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIn.
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by Peter Madrid | Aug 4, 2022 | News & Updates
PHOENIX, ARIZONA (August 4, 2022) – AZCREW, the commercial real estate organization that exists to transform the industry by advancing women globally, resumes its monthly lunch events with a look at office trends around the Valley.
“Coming out of COVID, no one was really sure what the status of the Metro Phoenix office sector would be,” said event moderator, Sam Pinkal, Vice President of Business Development for the Greater Phoenix Economic Council (GPEC). “As it turns out, workers are returning to their offices and the market sector is heating up again. When I go out for lunch downtown during the week, it’s hard to get a seat because the restaurants are so full. There is a new normal, and we’re thrilled that our panel will let us know what’s going on in the office market as it relates to new office design and construction and vacancy rates.”
Panelists include Jim Bulsiewicz, Director, Hines; Charlie von Arentschildt, Vice President, CBRE; and Alexandra Ayres, Senior Associate/Project Design Manager, Corgan.
The event is on August 23 from 11:30 a.m. to 1 p.m. at the E-Center Esplanade, 2501 E. Camelback Road, Phoenix.
Registration fee is $25 for members; $45 for non-members. This is an in-person event. Please review the COVID waiver and agree to it when registering.
Register here.
About AZCREW:
AZCREW is the local affiliate of CREW Network. CREW Network is at the forefront of achieving gender equity and greater diversity in commercial real estate. We will achieve this by transforming the industry by advancing women globally. Our membership offers unparalleled business development, leadership opportunities and networking both locally in your market and globally across our 12,000-member base. For more information visit arizonacrew.org.
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by Peter Madrid | Aug 2, 2022 | News & Updates
PHOENIX, ARIZONA (August 2, 2022) – Four office sales in the Valley and a land sale in Casa Grande, Arizona, highlight recent deals closed by NAI Horizon professionals. The five deals totaled $8.6 million.
Sale Transactions:
Michel Myrick, CCIM, MRED negotiated the sale of a 20,832 SF office building, representing the buyer, L & P Hope Properties, LLC, for $2.975 million. The property is located at 1801 S. Extension, Mesa, AZ 85210. The seller, NSHE Dana Point, LLC, was represented by Jaime Swirtz with CBRE.
John Filli negotiated the sale of 211.512 acres representing the seller, Talon Mountain, LLC, for $2.538 million. The property is located at SEC of Montgomery Road and Selma Highway, Casa Grande, AZ. The buyer, Magnum Estates, LLC, was represented by Kavitha Pindi with DHS Realty Texas.
Laurel Lewis and Kevin Higgins negotiated the sale of a 10,944 SF office building, representing the buyer, Midtown Business Solutions, LLC, for $1.2 million. The property is located at 3636 N. 3rd Ave., Phoenix, AZ. The seller, Vowmann Holdings, LLC, was represented by Harry Carbeck & Brett Angner with Everyday Investments Realty.
Troy Giammarco and Joe Pequeno negotiated the sale of a 5,854 SF office building, representing the seller, Pisa Properties Sixteenth, LLC, for $1.17million. The property is located at 8765 W. Kelton Lane Building C2, Phoenix, AZ. The buyer, CS Real Estate Holdings, LLC, was represented by Dave Aronson with Realty EXP.
Laurel Lewis negotiated the sale of a 3,757 SF office building representing the buyer, Always This Good Holdings, Inc., for $735,000. The property is located at 715 E. Sierra Vista Drive, Phoenix, AZ. The seller, Shearim Torah High School, Inc., was represented by Danny Kahn with E & G Real Estate.
Lease Transactions:
Laurel Lewis represented the tenant, DOWL, LLC, in a 66-month office lease for 3,877 SF at 4686 E. Van Buren, Phoenix, AZ. The landlord, TPP-GCI East Gateway JV, LLC, was represented by Pat Boyle with Cushman.
Kevin Higgins represented the tenant, Gemelli Biotech Corp., in a 61-month office lease for 5,919 SF at 2450 W. Broadway Road, Mesa, AZ. The landlord, BKM Broadwood 251, LLC, was represented by Golden St. John with Vantage Commercial Real Estate.
Don Morrow and Dylan Whitwer represented the landlord, Southwest Commercial Property, LLC, in a 60-month office lease for 2,134 SF at 1990 W. Camelback Road, Phoenix, AZ. The tenant, Fard Health Services, was represented by Jeff Smith with Commercial West Real Estate Advisors.
Dylan Whitwer and Don Morrow represented the tenant, A to ZZZ Environmental Inc., in a 36.5-month industrial lease for 5,729 SF at 3330 W. Flower St., Phoenix, AZ. The landlord, J2 Flower, LLC, was represented by Rod Crotty with Cutler Commercial.
Michael Myrick, CCIM, MRED, Don Morrow and Dylan Whitwer represented both the landlord, 600 E. Baseline, LLC, and the tenant, Mya Kai Creative, LLC, in a 48-month office lease for 1,780 SF at 600 E. Baseline Road, Tempe, AZ.
Dylan Whitwer and Don Morrow represented the tenant, AB Stable 1X, LLC, in a 12- month industrial lease for 6,476 SF at 15836 N. 77th St., Phoenix, AZ. The landlord, Aidant Fire Protection Co., was represented by Zak Kottler with LevRose CRE.
Dylan Whitwer and Don Morrow represented the tenant, RCS Management Corporation, in a 36-month office lease for 2,000 SF at 12213 W. Bell Road, Surprise, AZ. The landlord, Triworth Company, LLC, was represented by Mac Graham with Triworth Company.
Matt Harper, CCIM, represented the landlord, HBR Properties, LLC, in a 63-month retail lease for 792 SF at 3825 N. 75th Ave., Phoenix, AZ. The tenant, OT’s Barber School and Supplies, LLC, was represented by Marcos Medrano with Sun Valley Edge Realty.
Thomas A. Smith represented the tenant, Providence Orthodox Presbyterian Church of Scottsdale, in a 27-month sub-lease for 9,429 SF at 7575 E. Redfield, Scottsdale, AZ. The landlord, Desert Valley Church of Scottsdale, was represented by Suzanne Enright & John Quantrini with Shell Commercial.
Jeff Adams represented the landlord, 1545 McQueen, LLC, in a 36.5-month industrial lease for 2,200 SF at 1545 N. McQueen Road, Gilbert, AZ. The tenant, Phillips Trucking, was self-represented.
Kevin Higgins represented the landlord, Bogle Family Realty, in a 38.5-month office lease for 878 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, Sun Tree Healing Arts, was self-represented.
Joan Krueger represented the tenant, Upfront Planning & Entitlements, in a 24-month office lease for 748 SF at 1811 S. Alma School Road, Phoenix, AZ. The landlord, Camroad Properties, LLC, was self-represented.
Jeff Adams represented the tenant, Sunset Spas of Arizona, LLC, in a 4-month industrial lease for 8,185 SF at 1522 W. Todd Drive, Tempe, AZ. The landlord, REB, Ltd., was self-represented.
Don Morrow and Dylan Whitwer represented the tenant Starmerx International, in a 12-month office lease for 992 SF at 40 W. Baseline Road, Tempe, AZ. The landlord, Kappe Villa Sierra El Paso LP, was represented by Jaime Swirtz with CBRE.
Matt Harper, CCIM, and Thomas Bean, CCIM, represented the landlord, Sun City Professional Building, in a 12-month office lease for 420 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Truly Connected Contractors, 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.
To learn more visit www.naiglobal.com.
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