by Peter Madrid | Aug 1, 2022 | News & Updates
Land Advisors Organization represents buyer, which plans to build ±354 single-family build-for-rent homes.
Scottsdale, Ariz. (August 1, 2022) – The Empire Group of Companies recently closed on 40 acres near the Taiwan Semiconductor Manufacturing Company (TSMC) north of the Valley where it plans to build ± 354single-family homes for rent. The proposed development will be named the Village at Bronco Trail.
The Land Advisors Organization team of Bret Rinehart, Ryan Semro, and Ben Heglie represented the Empire Group (Principal Richard Felker) in the $14.37 million acquisition of the property at 31st Avenue and Lone Mountain Road in Phoenix. The seller was the David McHenry Family Trust (Principal David McHenry).
The sales price fetched $359,370 per acre.
“The unprecedented growth of development projects in proximity to the Loop 303 and I-17 is going to foster the need for residential housing,” Rinehart said. “The Empire Group’s proposed multifamily community will be a boon to that area. Empire Group has a great track record of serving the communities that it develops.”
Construction on TSMC’s latest semiconductor fabrication facility is well underway. TSMC’s Arizona plant – Fab21 – occupies at least 1,100 acres and will produce tens of thousands of semiconductor wafers once it is operational. According to a City of Phoenix analysis, the first phase of TSMC is estimated to have an economic impact of $38.2 billion over 20 years.
The Empire Group is active in rolling out its Village communities, which are all build-for-rent (BFR) developments. Currently, Empire Group has six projects are under construction totaling1,337 homes with another five communities that are targeted to start construction before the end of 2022.
The Village at Bronco Trail
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.
About The Empire Group Companies
The Empire Group Companies, headquartered in Scottsdale, Ariz., was founded by Richard Felker in the early 1970s. Under Felker’s direction the company built its reputation as a leading developer of Class A mixed-use projects and luxury build-for-rent communities throughout Arizona. For more information on the company and its portfolio of projects visit builtbyempire.com.
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by Peter Madrid | Jul 25, 2022 | News & Updates
TUCSON, Ariz. (July 25, 2022) – The Terracon Foundation is pleased to announce it has awarded a $50,000 endowment grant to the University of Arizona College of Engineering.
The endowment will be used to fund an annual scholarship entitled the Terracon Foundation Geotechnical Engineering Graduate Scholarship.
Since 2017, UArizona has been awarded $81,000 in Terracon Foundation University grants, including the endowment. Previously, the Terracon Foundation awarded $11,000 to the Mel and Enid Zuckerman College of Public Health and $20,000 to UArizona.
“I am very proud of the collective effort the Terracon Tucson team has put in to strengthen our relationship with the University of Arizona and thankful to both Dr. Johanne Ives and Dr. Dominic Bocelli at the College of Engineering for doing the heavy lifting on submitting a winning grant application,” said Derek D. Koller, CIH, CHMM, Office Manager/Principal in Terracon’s Tucson office, who championed the grant.
“We have a lot of success winning grants out of the Tucson office, but this one is really special. This is the first year the Terracon Foundation has awarded endowments as part of a new initiative. The fact that we were able to bring the first $50,000 endowment home to the University of Arizona and my alma mater, feels amazing. Go Cats and Bear Down,” Koller said.
The Terracon Foundation has granted more than $3.5 million to community organizations, universities, dependents of employees, and for disaster relief efforts. For more information about the Terracon Foundation and other organizations it has supported, visit terracon.com/foundation.
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About Terracon
Terracon is an employee-owned multidiscipline consulting firm comprised of more than 5,000 curious minds focused on solving engineering and technical challenges from more than 175 locations nationwide. Our talented employee-owners provide on-time and real-time data-driven insights to create an unmatched client experience that spans the lifecycle of any project, any size, anywhere. Terracon consistently ranks as a Top 25 design firm by Engineering News-Record. Start to explore with us by visiting terracon.com.
by Peter Madrid | Jul 22, 2022 | News & Updates
KPPC Advance Chemicals is the sixth semiconductor supplier to land in Casa Grande and the fifth that Land Advisors Organization has helped to locate.
Scottsdale, Ariz. (July 22, 2022) – Land Advisors Organization is pleased to announce it recently closed on two deals totaling 50 acres, representing two separate sellers at the SEC of Highway 84 and Burris Road in Casa Grande, Arizona. The buyer of both parcels, KPPC Advanced Chemicals Inc. (KANTO-PPC), is a chemical supplier to the Taiwan Semiconductor Manufacturing Company (TSMC), which has a multi-billion-dollar project under construction near Interstate 17 and Loop 303 north of the Valley.
Land Advisors Organization’s advisors Kirk P. McCarville, CCIM, and Pinal County Specialist Trey Davis represented the seller, San Carlos 198 LLC (Charles Lawrence Principal) in the $1.783 million sale of 26.22 acres. McCarville and Davis also represented The Kendler Family Trust (Edward Kendler Principal) in the $1.912 million sale of 24 acres of agricultural raw land.
The 26-acre sale fetched $68,000 per acre; the 24-acre deal fetched $79,700 per acre.
“KANTO chose Casa Grande because of the competitive land price, efficient rail infrastructure, housing affordability for employees, and the high-quality schools in the area,” said McCarville, who added KANTO-PPC is the sixth semiconductor supplier to land in Casa Grande and the fifth that he and McCarville have helped to locate.
KANTO-PPC provides high purity electronic chemicals required in the processes of semiconductor and optoelectronics industries. It collaborates with KANTO Chemical Japan to build manufacturing plants with state-of-the-art clean rooms as well as research and development equipment in Taiwan. As the precision requirement of semiconductor processes has become more vigorous, KANTO upgrades the product quality and also develops the products of next generation to enhance the international competitiveness of the semiconductor and optoelectronics industries.
The two parcels are located near the Pinal County Tech Park, a two-phase, ±1,064-acre, rail-served industrial park. With its proximity to the TSMC semiconductor factory and Intel expansion plus Lucid Motors and Nikola, the Pinal County Tech Park has received tremendous interest from companies in the semiconductor supply chain and the Tier 1 and Tier 2 electric vehicle manufacturer suppliers.
McCarville and Davis have represented the Pinal County Tech Park, Central Arizona Commerce Park and the Barnes Farm Industrial Area recently in four other major industrial transactions. These deals include Kohler’s 206-acre greenfield plumbing products manufacturing facility, ancillary warehouse and office space site; the 84-acre CCCP manufacturing and distribution facility site; the 27-acre site for LCY Electronic Materials 80,000 square-foot manufacturing facility; and the 20-acre Jing He Sciences manufacturing facility parcel. Michele Pino, an advisor with Land Advisors Organization, represented the buyers in the CCCP, LCY Electronic Materials and Jing He Sciences transactions.
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 | Jul 21, 2022 | News & Updates
Integrated platform provides digital solutions to community developers and homebuilders that simplifies the development process, streamlines operations, and enhances homebuyer’s purchasing experience.
Scottsdale, Ariz. (July 21, 2022) – Arizona-based Land Advisors Organization announces its investment and new partnership with Cecilian Partners, a Pennsylvania-based real estate property technology company. The customer-focused real estate platform, which streamlines the cumbersome operational aspects of community development, integrates community and buyer data, and simplifies the new home buying experience.
Through the new partnership, Land Advisors Organization is adding a new layer of PropTech capabilities to its repertoire, extending its services beyond land analysis and sales into land development, lot management, and enhancing the homebuyer’s sales experience with builders.
Cecilian Partners, an early-stage PropTech firm, has modernized the land development and customer experience through their patented platform, which simplifies data, digital marketing, and operations by centralizing the entire planning, development and buying experience. The specialized technology assists builders and developers with real-time lot and inventory management utilizing an anti-repetition algorithm.
“Land Advisors Organization’s roots are deeply entrenched in data analysis and digital technology focused on land and its value or potential, and we’re always looking for technological advancements that improve our industry,” said Greg Vogel, founder and CEO of Land Advisors Organization. “Embarking on this partnership with Cecilian Partners allows our firm to broaden our capabilities and enter into a new category of services for the real estate development sector. This technology platform automates and replaces the laborious processes that have burdened community developers and homebuilders for decades, maybe even centuries, by digitizing the entire system.”
The patented platform is designed to benefit community developers, their investors and homebuilders, and ultimately provide a superior buying experience for new home buyers. The platform provides:
- Digitized land banking with real-time lot organization and management, including the automation of the architectural review and sales processes using a cloud-based lot management solution that eliminates spreadsheets and provides community lot updates and current property information in real-time, ranging from lot design options to price and construction schedule;
- Boosted productivity through an efficient operations management system that streamlines communications between property developers, builders, and home buyers with connectivity and transparency within a master-planned community;
- The platform’s interactive 3D mapping technology enables builders and developers to showcase their homes and community before being built through its graphic street-view design, which allows buyers to explore and virtually experience the community;
- Business intelligence reporting, including tracking of community performance for investors;
- Sales process management, including customer lead management, traffic tracking, lot and home cost calculation with real-time pricing, sales contracts and buyer data.
“The digital transformation of the real estate industry has seen significant gains in development and investment in recent years,” said John Cecilian, co-founder of Cecilian Partners. “We are thrilled to be joining with Land Advisors Organization in this partnership. With their national footprint and established relationships with the most prominent master-planned community developers and home builders around the country, we anticipate being able to transform the industry while bringing enormous value to our customers.
“We’ve seen our platform reduce the planning and approval process from four weeks to three days – not to mention the benefit of highly-qualified leads that come through the sales tool, it’s an incredibly powerful tool for anyone seeking efficiency and a better customer experience,” Cecilian said.
This agreement with Cecilian Partners marks the newest PropTech investment by Land Advisors Organization.
PropTech innovation and investment began to emerge in the early 2000s with a focus on residential listings, such as Zillow. Over the past two decades it has grown significantly as innovations are developed that assist with the research, buying, selling and management of real estate while reducing the amount of paperwork and making transactions quicker, more efficient, and more secure.
According to the Center for Real Estate Technology & Innovation, more than $32 billion was invested in PropTech companies in 2021 and the investment bank Keefe, Bruyette & Woods reported that a record $4 billion of VC equity funding was invested into the PropTech sector in the first quarter of 2022.
Cecilian Partners anticipates that it will begin its Series A fundraising in late 2022 or early 2023.
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.
About Cecilian Partners
Cecilian Partners is a PropTech company based in New Hope, Pennsylvania built around the customer experience for community developers. Since 2019 the company has been bridging the digital divide between homebuilders, community developers and home buyers with its real estate property technology platform. By placing significant value on people over product, Cecilian Partners is enhancing the customer experience through digital solutions that transform the home buying journey for new home buyers, while also solving access and communication challenges faced by developers and builders. Cecilian Partners collaborates with a vast stable of local, regional, and nationwide builders and developers who aspire to modernize their digital footprint and ease everyday pain points associated with community development. For more information about digital solutions for community developers and homebuilders, visit cecilianpartners.com.
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by Peter Madrid | Jul 20, 2022 | News & Updates
SCOTTSDALE, Ariz. (July 20, 2022) – LevRose CRE/TCN Worldwide brokers facilitated deals in 2Q 2022 totaling $87.5 million and ±780, 833 SF. Retail and office assets dominated the transactions. Highlights from 2Q 2022:
Partners Zak Kottler and Joe Cosgrove and Advisor Hunter Chasse represented the tenant, Neon Logistics LLC., in the leasing of a 29,015 SF office building at 6900 E. Camelback Road, Scottsdale. Neon Logistics will occupy the seventh and 11th floors. The landlord is WCCP 6900 Camelback LLC.
Partners Zak Kottler and Joe Cosgrove and Advisor Hunter Chasse represented the seller, Bradley Investments LLC., in the $6 million sale of a 16,600 SF office building at 13847 N. Northsight Blvd., Scottsdale. The buyer was Salt Castle Trust.
Partners Danielle Davis and Trent McCullough; Vice President Mark Cassell; and Advisors Branden Mondragon and Matt Beeks represented the seller, Scottsdale Drinkwater Trust, in the $5.3 million sale of a 6,582 SF retail building at 4250 N. Drinkwater Blvd., Scottsdale. The buyer was Drinkwater Commercial Investments LLC.
Partners Danielle Davis and Trent McCullough and Advisor Branden Mondragon represented the landlord, Hudye Group, in the $4.9 million sale of an 11,160 SF retail building at 4333 N. Scottsdale Road, Scottsdale. The buyer was Galleria Triangle LLC.
Partners Danielle Davis and Trent McCullough and Advisor Branden Mondragon represented both the seller, Fassco Investments LLC, and the buyer, Chestnut Realty Group LLC., in the $4.5 million sale of a 17,500 SF retail building at 6961 E. 1st St., Scottsdale.
13847 N. Northsight Blvd.
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 | Jul 20, 2022 | News & Updates
PHOENIX, ARIZONA (July 20, 2022) – NAI Horizon represented the buyer in the acquisition of an original adobe building in a rare infill location in North Central Phoenix that will be repurposed into a training center and outdoor space.
NAI Horizon Managing Director Laurel Lewis represented Always This Good Holdings, Inc., in the $735,000 purchase of the 3,757 SF building at 715 E. Sierra Vista Drive, in Phoenix.
Always This Good Holdings purchased and closed on the property on June 30. The oldest aerial photograph shows the original adobe block structure nestled among the orange orchards in the North Central Phoenix corridor.
The building, a former Jewish girls’ school, had recently undergone some additions. After the planned renovations, the property will include more than 4,000 SF of modern offices, a training center, a full kitchen, and outdoor event space. It will also offer a private suite available for lease.
“North Central Phoenix with its ideal location and mix of architecture and style is the happening place to be,” Lewis said. “The original adobe block structure will be incorporated into the repurposed building, lending to a stunning transformation.”
This fall the new space will be home to Catalyst Retreat Center for women entrepreneurs and Desert Dimensions Properties, a residential real estate brokerage firm.
The seller, Shearim Torah High School, Inc., was represented by Danny Kahn with E&G Real Estate.
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 | Jul 15, 2022 | News & Updates
The property is part of a portfolio of assets in the towns of Camp Verde and Clarkdale, Arizona; Land Advisors Organization’s Prescott office facilitates deal.
Scottsdale, Ariz. (July 15, 2022) – Land Advisors Organization’s Prescott, Arizona, office represented the seller in the $2.3 million disposition of 25 acres in Camp Verde, Arizona. The buyer plans to construct a manufacturing plant for trusses and wall systems in the Yavapai County municipality.
Capri Barney, who focuses on the rapidly developing Yavapai, Coconino, Mohave, Gila, and Navajo county markets, represented Verde Valley Professional Center Partners LLC (Kelly Sands Principal). The property, located at 3425 W. State Route 260 in Camp Verde, fetched the sale price of $92,356 per acre.
The site is part of a portfolio of assets located in the towns of Camp Verde and Clarkdale and owned by Verde Valley Holding Co. There are additional land offerings in the area’s Opportunity Zone, including land for residential development.
“The Town of Camp Verde was supportive of the buyer’s intended use which also conformed to the existing zoning. As a result, the buyer was able to complete its due diligence quickly and the transaction closed escrow ahead of schedule,” Barney said.
The buyer, Purple Acorn LLC, was represented by Terry Brock at Russ Lyon Sotheby’s International.
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.# # #
by Peter Madrid | Jul 14, 2022 | News & Updates
PHOENIX, ARIZ. (July 14, 2022) – The National Apartment Association (NAA) has named the Arizona Multihousing Association (AMA) as a 2022 NAA Excellence Awards winner, it was announced today.
AMA won the 2022 NAA Excellence Award in the Affiliate of the Year (State/Metro-32) category. NAA’s annual Excellence Awards program recognizes outstanding performance and leadership across the rental housing industry – celebrating builders, industry professionals and affiliated apartment associations that make unique contributions to the industry.
Courtney LeVinus
“NAA extends congratulations to Arizona Multihousing Association for being selected as a winner of this year’s NAA Excellence Awards,” said Bob Pinnegar, NAA President and CEO. “Throughout the past year, Arizona Multihousing Association went above and beyond to create a lasting and meaningful impact on our industry. Your award emphasizes our sincere appreciation for all that you do.”
Founded more than 50 years ago, AMA is the statewide trade association for the apartment industry, representing more than 2,300 members in legislative, legal and regulatory matters. The AMA provides services, products, educational programs and networking opportunities to promote ethical, quality rental housing throughout Arizona.
“This honor is a reflection of the resiliency and exemplary collaboration that have come together to define our incredible organization this past year,” said AMA President and CEO Courtney LeVinus. “Our members are the backbone of the apartment industry in Arizona. I’m proud to acknowledge that every one of them shares in this honor.”
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About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education, and collaboration on behalf of the rental housing industry. As a federation of 141 state, local and global affiliates, NAA encompasses over 92,000 members representing more than 11 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. To learn more, visit www.naahq.org. NAA thanks its strategic partners Lowe’s Pro Supply, Yardi and The Home Depot.
by Peter Madrid | Jul 13, 2022 | News & Updates
TEMPE, ARIZ. (July 13, 2022) ‒ The Greater Phoenix Chapter of IFMA, the world’s largest and most widely recognized international association for facility management professionals, recently elected its officers for 2023.
Marshall MacFarlane, Town of Gilbert, was elected to this second term as Chapter President. Presidents can serve two consecutive one-year terms.
MJ Nagarajan Gomathi, FMP, CFM, LEED Green Associate, Terracon, was elected to her first term as Vice President of Professional Development; John Abbey, TIP Maintenance Building Services, was elected to his second term as VP of Communication; Amy Nugent, Town of Gilbert, was elected to her first term as VP of Community; Kathy Keating-Losinske, Lungaretti Flooring Solutions, was elected to her first term as VP of Special Events; and Jacob Kashiwagi, KSM, Inc., was elected to his second term as Secretary/Treasurer. Vice presidents can serve two consecutive two-year terms.
“I’m proud to serve a second term as president of such an amazing chapter,” MacFarlane said. “Even after navigating COVID-19 and a crazy, volatile economy we still are one of the most successful chapters in North America. This is a direct result of the efforts of our members, committees, and board members. There’s still work to be done, though, and I’m excited about the year ahead.”
A hallmark of the IFMA Greater Phoenix Chapter is the education programs 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.
“Our Education Committee recognizes that as facilities professionals it is critical that we continually sharpen our skills through professional development. With this in mind, we will continue to provide programs and training opportunities to help you enhance member skills and awareness in preparation for the challenges their jobs provide today and, in the future,” MacFarlane said.
IFMA Greater Phoenix also boasts a robust student chapter. It 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.
Community outreach efforts include an annual charity golf tournament and working with Valley non-profits such as “Feed Our Friends.”
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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 the winner of IFMA’s Large Chapter of the Year in 2012. It is dedicated to the 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 | Jul 12, 2022 | News & Updates
SCOTTSDALE, ARIZONA (July 12, 2022) – LevRose CRE/TCN Worldwide brokers closed deals in June totaling $24.298 million and 381,788 SF. Four of the largest deals included sales of two offices, a parcel of land, and a distribution condo totaling $11.4 million. Top deals also included a lease for an office-retail property.
The top transactions for June:
Partners Danielle Davis and Trent McCullough, CCIM, and Advisor Branden Mondragon represented the seller and buyer in the $4.5 million sale of a 17,000 SF office at 6961 E. 1st St., in Scottsdale. The seller was Fassco Investments, LLC; the buyer was Chestnut Realty Group, LLC.
Vice President Anna Sepic and Junior Advisor Gunnar Sinnett represented the buyer, Cielo Vista Medical, LLC, in the $2.898 million purchase of 6.65 acres (289,674 SF) at the SEC of Lake Pleasant Parkway and Jomax Road in Peoria. The seller was JKW Partners, LLC.
Partners Jason Reddington, CCIM, and Keri Davies represented the seller, CGS Commercio Properties, LLC, in the $2.675 million disposition of a 9,550 SF office building at 8712 E. Via de Commercio in Scottsdale. The buyer was JPRG Holdings, LLC.
Partners Zak Kottler and Joe Cosgrove and Advisor Hunter Chasse represented the buyer, JCG 16650 Property, LLC, in the $1.375 million purchase of a 4,968 SF distribution condo at 16650 N. 91st St., in Scottsdale. The seller was OSN Warehouse, LLC.
Partners Zak Kottler, Joe Cosgrove, Danielle Davis and Trent McCullough, CCIM; and Advisors Hunter Chasse and Branden Mondragon represented the landlord and tenant in the 8,158 SF lease of an office/retail property at 7232 E. 1st St., in Scottsdale. The landlord is FSC RE I, LLC; the tenant is Scottsdale Axe, 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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