by Peter Madrid | Nov 10, 2021 | News & Updates
SCOTTSDALE, ARIZONA (November 10, 2021) – A year after Trends Day went virtual due to the pandemic, the 17th annual edition, presented by ULI Arizona, returns in person on March 9, 2022, at the J.W. Marriott Desert Ridge. Early pricing is in effect until Dec. 31.
ULI Arizona’s Trends Day is recognized as the third-largest ULI program globally. Panelists discuss the most current real estate trends with a focus on what to expect in the future, where the best opportunities can be found, and how these components affect both public and private sector partners.
“The virtual programming of Trends Day for the first time was a huge success, but we’re thrilled to be back in person this coming spring at our usual venue,” said Deb Sydenham, FAICP, Executive Director, ULI Arizona District Council. “We have another great program planned. Trends Day is certainly the best ‘state of the state’ conference with more than 1,000 attendees.”
The keynote speaker for Trends Day 2022 is Adam Steltzner.He served as Chief Engineer of the Mars 2020 Mission and Rover Perseverance that had the ultimate objective of determining if life existed on Mars.
Early pricing registration fees: private member, $325 and non-member, $425; public/academic/non-profit member, $225 and non-member, $325; student member $120 and non-member $175; and under age 35, member, $200 and non-member, $425. Trends Day 2022 runs from 7 a.m. to 5 p.m.
Global Futurist Jack Uldrich will be the lead-off speaker. The annual economic outlook will be presented by Spencer Levy, Global Chief Client Officer and Senior Economic Advisor with CBRE.
Topic highlights include the labor gap, cybersecurity, opportunities with tribal communities, and navigating the residential future.
Register here.
About ULI
The Urban Land Institute is a 501[c][3] nonprofit research and education organization supported by its members. Founded in 1936, the Institute has more than 45,000 members worldwide, representing the entire spectrum of land use and real estate development disciplines working in private enterprise and public service. As the preeminent multidisciplinary land use and real estate forum, ULI facilitates an open exchange of ideas, information, and experience among local, national, and international industry leaders and policymakers dedicated to creating better places. Learn more about ULI Arizona at arizona.uli.org.
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by Peter Madrid | Nov 9, 2021 | News & Updates
PHOENIX, ARIZ. (Nov. 10, 2021) – REIAC Southwest is pleased to announce that Arizona Congressman David Schweikert will be the featured speaker at its 2021 Signature Event Dec. 16 at the Westin Kierland, 6902 E. Greenway Parkway in Scottsdale.
The event begins at 3:30 p.m. with registration and networking. The program begins at 4:30 p.m., followed by a networking reception at 5:30 p.m.
Rep. Schweikert, who represents the 6th District of Arizona, is serving his sixth term in the U.S. Congress. He holds a seat on the Ways and Means Committee, having previously served on the Financial Services Committee. He also sits on the bicameral Joint Economic Committee, serving as the Senior House Republican Member, Co-Chairs the Valley Fever Taskforce, is the Republican Co-Chair of the Blockchain Caucus, Co-Chair of the Tunisia Caucus, and Co-Chair of the Tele Health Caucus.
“The Congressman is one of the most knowledgeable on Capitol Hill on matters of commercial real estate,” said REIAC Southwest Program Chair Richard J. Lund. “We are thrilled and honored to have him as our 2022 speaker.”
As a strong advocate for efficiencies in the 21st-century economy, Rep. Schweikert collaborates with entrepreneurs and innovators in Arizona and around the world on ways to increase trade and drive economic growth. He has long championed technological innovations as the solution to the problems of over-burdensome government regulations.
Rep. Schweikert holds a seat on the Tax and Health Policy Subcommittees on the House Ways and Means Committee, where he is able to use his expertise in tax and health policy to lend his voice towards pressing issues such as meaningful tax reform and crashing the price of healthcare.
The event is open to the public and the registration fee is $30 for non-REIAC members. The event will include a meet and greet with ASU MRED and Junior Achievement students. Register here.
About REIAC
The Real Estate Investment Advisory Council (REIAC) was established as a nonprofit trade association to provide a forum for the exchange of ideas, concerns and experiences among senior executives who conduct commercial real estate transactions. The invitation-only group limits its membership to senior-level executives at companies, who act as principals, and whose function is to develop, acquire, manage and/or finance commercial real estate. Institutional quality programs and peer-to-peer relationship-building opportunities have established REAIC’s reputation throughout the national real estate investment community as one of its premier associations. www.reiac.org
by Peter Madrid | Nov 9, 2021 | News & Updates
TEMPE, ARIZ. (Nov. 9, 2021) ‒ As we approach, celebrate, and acknowledge Veterans Day on Thursday, Nov. 11, we are given the opportunity to reflect on and honor the sacrifices our veterans have made.
They have sacrificed time, energy, mental and physical health, safety, security and much more. Liv Communities wants them to have the opportunity to take back their time, energy, health, and security. It aims to provide a place where Veterans feel loved, appreciated, and honored. A place they are proud to call home.
Each LivGenerations community in the Valley honors and celebrates veterans in their own way because it wants veterans to have a home where their sacrifices are not taken for granted.
Some of the ways in which its communities show appreciation and honor to our veterans are by hosting a Memorial Day and Veterans Day celebration, lining the entry way with flags on each palm tree for Flag Day, lighting a candle on a table all day to commemorate fallen and missing in action POW (Fallen Comrade or Missing Man) service members, and having a veterans’ wall honoring all of its veteran residents.
This year Liv Communities is especially excited to welcome and honor its first female veteran at LivGenerations Pinnacle Peak community. Carolyn Adams served from the late 40s to the early 50s as part of the Women Accepted for Volunteer Emergency Service military unit.
At LivGenerations Ahwatukee, thanks to veteran leader and longtime LivGenerations resident Don Taylor, the community has celebrated Veterans Day each year since its opening.
Taylor served in the U.S. Marine Corps between 1952 and 1954.
“I love my country and I am proud to have served,” Taylor says. “Every veteran no matter their time in the service or job in the service should be equally recognized. The older I get the prouder I am to have served my country.”
The celebration includes traditions such as the Presentation of the Colors by the Air Force Honor Guard, the Pledge of Allegiance, the National Anthem, and the Folding of the Flag Ceremony.
In past years this celebration has been open to the public and friends and family would come and gather to pay their respect and honor to our brave veterans and those who are currently serving. Unfortunately, due to COVID, this year’s celebration will not be open to public and will only include residents of the community.
Breann Kelley, Executive Director at LivGenerations Ahwatukee, has been organizing the Veterans Day event from the moment she started.
“The celebrations we put on for our veterans are just mind boggling,” Kelley says. “It has to do with the fact that we have so many prideful veterans in our community which is why we have so many traditions that honor them in the way they deserve.”
About Liv Communities
Liv Communities helps people live fuller lives by developing, owning and operating luxury residential communities through their Liv multifamily and LivGenerations senior living brands. In addition to providing prime locations, premium finishes, inspired designs, and resort-style amenities, Liv Communities provides extensive opportunities for residents and team members to engage in community activities and with each other that ultimately results in their staying longer and referring others to join them. For information visit livcommunities.com.
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by Peter Madrid | Nov 8, 2021 | News & Updates
SCOTTSDALE, ARIZ. (Nov. 8, 2021) – Three office building sales totaling $13.3 million, the sale of a retail building for $2.95 million, and a land sale of $2.136 million highlight October transactions closed by LevRose Commercial Real Estate brokers.
Michael Waxman and Foster Bundy represented the seller, WYAZ Investments, LLC in the $8.86 million sale of Cooper Crossing, 1800-1850 E. Ray Road in Chandler, Arizona. The buyer was 1800 E. Ray Expansive LLC.
Built in 2006, Cooper Crossing is a two-story office property totaling 54,639 SF. Amenities include a conferencing facility, fitness center, and outdoor seating in a courtyard. The asset is located in the much sought-after Southeast Valley submarket.
8320 W. Mariners Way in Peoria, Arizona
Greg Vanlerberghe represented the buyer, Oneten REI Willco, LLC in the $2.95 million purchase of 8320 W. Mariners Way in Peoria, Arizona. The seller was Monaghan Farms, Inc. Vanlerberghe is also representing the new tenant Stout Industries, LLC, which is developing a sports bar/night life concept in the space. It is scheduled to open in mid-2022.
The retail property was formerly Modern Round restaurant, which is nestled in the heart of Peoria’s P83 entertainment district. Built in 2002, the asset totals 11,638 SF. It closed earlier this year.
4439 N. Saddlebag Trail in Scottsdale
Danielle Davis; Trent McCullough, CCIM; Mark Cassell; Matt Beeks; and Garrett Pedicini represented the seller (Hudye Group, LP) in the $2.5 million ($916.42/sf) disposition of 4439 N. Saddlebag Trail in Scottsdale. The asset is currently an office building that totals 2,827 SF and is located in the heart of Old Town Scottsdale’s Entertainment District. Built in 1982, this redevelopment opportunity is poised to add even more to the already vibrant area.
The asset is an office building that totals 2,827 SF and is located in the heart of Old Town Scottsdale. Built in 1982, it offers easy access to the Loops 101 and 201 freeways.
Matt Leonard represented the buyer, One Scottsdale Surgery Center, LLC, in the $2.136 million purchase of Lot 3 and Lot 4 located at One Scottsdale on the east side of Scottsdale Road between Legacy Boulevard and Thompson Peak Parkway. The lots total 63,162 SF and will house a future medical office building. The seller was One Scottsdale Core, LLC.
Zak Kottler, Joe Cosgrove, Hunter Chasse and Aaron Cook represented the buyer, 7033 E. Main Street, LLC, in the $1.95 million purchase of 7033 E. Main St., Suites 102 and 104, in Scottsdale. The seller was JPZ, LLC.
The overall property consists of approximately ±3,486 SF. Suite 102 is ±2,354 SF of built-out retail space and Suite 104 is ±1,132 SF of built-out office space. It is well-positioned on Main Street in the Downtown Scottsdale.
7033 E. Main St., Suites 102 and 104, in Scottsdale
About LevRose Commercial Real Estate/TCN Worldwide
LevRose is proud to be the sole Phoenix affiliate of TCN Worldwide. Formed in 1989, TCN is a consortium of networked independent domestic and international commercial real estate firms, which provides for complete, integrated real estate solutions across the globe. With approximately $41.3 billion in annual transactions and over 180 MSF under management, TCN Worldwide ranks as one of the largest service providers in the industry. An extensive range of real estate services and resources, coupled with a personal commitment to exceed client expectations, is what has made TCN Worldwide a leader within the global commercial real estate industry. For more information visit levrose.com.
by Peter Madrid | Nov 3, 2021 | News & Updates
SCOTTSDALE, ARIZ. (Nov. 4, 2021) – Sigma Contracting, Inc. is pleased to announce it has hired a pair of construction superintendents who bring more than 50 years of experience to the Scottsdale-based general contractor.
Both Armando Lechuga and Jeremiah Froderman will oversee construction site activities daily.
Lechuga, a native of Kearny, Arizona, has spent 33 years in the construction industry starting in the carpentry trade. He has developed a very diversified background with his construction experience which allows him to oversee many types of commercial construction projects.
Jeremiah Froderman
Froderman, a native of Kingman, Arizona, has spent 25 years in the construction industry with 16 of those being a commercial project superintendent. His vast experience will allow him to adapt immediately to managing Sigma’s projects.
“We are excited to bring two new talented superintendents into the mix at Sigma, making us a more well-rounded company,” said Dan Hinkson, President of Sigma Contracting.
When not on the job site, Lechuga enjoys hunting, camping, and fishing, and spending time with his two children and wife. Froderman is also an avid camper and outdoorsman. He enjoys playing softball, golfing, and spending time with his wife and two teenage sons on the water.
ABOUT SIGMA CONTRACTING INC.
Sigma Contracting, Inc. is an Arizona-based company founded in 1983 and licensed in eight Southwestern states. As a premier commercial general contractor, Sigma has established a broad footprint in the region with an extensive portfolio of projects in a variety of sizes, industries, and property types, with established long-standing client relationships with top developers, architects, municipalities, and businesses in the region. For 35 years Sigma has been the turnkey contractor for more than 900 construction projects including hospitals, medical office buildings, schools, public venues, retail and industrial spaces, banks, office buildings, and municipal facilities. For more information visit www.sigmacontracting.com.
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by Peter Madrid | Oct 28, 2021 | News & Updates
PHOENIX, ARIZ. (October 28, 2021) – The Central Arizona chapter of CCIM, commercial real estate’s global standard for professional achievement, is accepting registration for its annual Par-Tee on the Green and 9-Hole Scramble, scheduled for Nov. 18 at Papago Golf Course.
The chapter is accepting registration through Nov. 15. Both events. The 9-Hole Scramble begins with check-in at 8 a.m. and shotgun start at 8:30 a.m. Check-in for Par-Tee on the Green is 11 a.m. Lunch follows at noon. The hole-in-one event begins at 2 p.m. and the raffle begins at 2:30 p.m.
Events include a putting contest, longest drive contest, hole-in-one contest with a $1,000 prize and a BBQ lunch. Registration fee for the Golf Scramble/Par-Tee is $275 per individual. Registration fee for a foursome (includes both events) is $1,000. The Par-Tee only event is $125 per individual.
Raffle items include travel and tote bags; a weekend in Williams, Arizona; a JBL party box; and a Surface Pro 8, to name a few.
Proceeds from the golf events benefit scholarships for Grand Canyon University students in the school’s real estate program.
Papago Golf Club is located at 595 E. Karsten Way in Phoenix.
Click here for more information and to register.
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by Peter Madrid | Oct 27, 2021 | News & Updates
PHOENIX, ARIZONA (October 27, 2021) – NAI Horizon’s Investment Services Group represented the seller in the $3.44 million disposition sale of commercial land to be developed for climate-controlled, self-storage, truck, and equipment rental for future U-Haul operations.
The 6.86 acres of commercial land is located at the SWC of Interstate 19 and Duval Mine Road in the Southern Arizona town of Sahuarita.
NAI Horizon Executive Vice President Lane Neville, Senior Associate Logan Crum and Agent Cole Neville with the NAI Phoenix office, and Ben Craney, Managing Director with the NAI Tucson office, all represented the seller, the Park Corporation. The buyer was AMERCO Real Estate Company (U-Haul).
“Sahuarita is a suburban bedroom community located just 20 miles south of Tucson. The picturesque natural scenery provides a beautiful backdrop for residences living in this thriving Southern Arizona community,” Neville said. “Younger families have been relocating to this area for more than 20 years based on strong public schools, home affordability, and quality of life. It is a very easy commute to metro Tucson. Sahuarita’s current population is more than 33,000 and has enjoyed over 31 percent growth since 2010.”
The NAI Horizon Investment Services Group specializes in the sale of commercial land in the Phoenix MSA and throughout the greater Southwest.
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 | Oct 26, 2021 | News & Updates
TUCSON, ARIZ. (October 27, 2021) – Thomas Noth, MA, CRC, LAC, is proud to announce the launch of BrighterView Counseling, LLC, a telemedicine startup that will utilize secure cloud-based systems to provide personalized online mental health counseling to clients across the state of Arizona.
BrighterView Counseling will provide brief and ongoing individual counseling services. Noth is the firm’s primary counselor and owner.
Common challenges and issues BrighterView Counseling addresses include social anxiety, depression, alcohol or drug addiction, LGBTQIA issues, past and current trauma, relationship conflict, stress, and life transitions.
“More than ever, telemedicine is needed. People are struggling with anxiety and negative thoughts regarding their futures. I started this counseling practice to reach as many people as possible. As a healthcare provider, it’s important to break down barriers to care,” Noth said. “Allowing people to process and overcome challenges while in the safety, comfort, and convenience of their own home. It’s as simple as clicking a button and connecting with a licensed counselor, a trusted member of your own local community, who’s cheering you on as you take the next step towards living your best life.”
BrighterView Counseling offers its services to adults 18 years and older. It is accepting new clients with same-day or next-day appointments. It offers evening availability for those with busy school or work schedules.
BrighterView Counseling is located at 333 N. Wilmot Road, Suite 340, in Tucson. The phone number is (520) 800-8067 or email Noth at thomas@brighterviewcounseling.com.
Visit the website at http://www.brighterviewcounseling.com.
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by Peter Madrid | Oct 25, 2021 | News & Updates
PHOENIX, ARIZONA (October 26, 2021) – CARR, a national provider of commercial real estate services specializing in representing tenants and buyers, is pleased to announce the addition of Monica Aguayo to its Arizona team.
Aguayo joins Barbara Firminger in serving the Metro Phoenix market for CARR. Aguayo will assist clients with new office space, expansions, relocations, acquisitions, and lease renewals. She will also represent healthcare professionals in their office lease or purchase negotiations. Aguayo will identify and evaluate the most desirable property options for CARR clients.
Aguayo’s previous experience in commercial real estate was with Healthcare Trust of America and CoStar Group, both in the Valley. She is active in Valley Partnership and AZCREW.
Recently featured in Forbes, Inc. and Entrepreneur Magazine, CARR is unique in that it only represents healthcare tenants and buyers. This eliminates any conflict of interest between competing parties that arises when real estate agents attempt to work for more than one party in a transaction.
A listing agent’s fiduciary responsibility is to the landlord, whereas CARR’s fiduciary responsibility is solely to its tenant and buyer client (dentists, doctors, veterinarians, etc.). This allows CARR to maximize its client’s profitability through real estate negotiations and add significant savings to its bottom line.
A native of Joliet, Illinois, Aguayo was raised in El Paso, Texas. She moved to Scottsdale in 2017. Away from the office she enjoys running, watching movies and gardening. She is the mother of two daughters.
About CARR
CARR is the nation’s leading provider of commercial real estate services for healthcare tenants and buyers. Every year, thousands of practices trust CARR to achieve the most favorable terms on their lease and purchase negotiations. Our team of experts assists with start-ups, lease renewals, expansions, relocations, additional offices and purchases. CARR has rapidly grown to over 125 agents serving all 50 states. For a complete list of agents visit: https://carr.us/find-an-agent/. Healthcare providers may contact their local agent for a complimentary lease or purchase evaluation. For additional information, visit us at www.carr.us
by Peter Madrid | Oct 25, 2021 | News & Updates
The CCIM designation signifies expertise in the commercial real estate profession
PHOENIX, ARIZONA (October 25, 2021) — The CCIM Central Arizona and CCIM Southern Arizona chapters have recognized seven members who recently earned the Certified Commercial Investment Member designation, the global standard for professional achievement in commercial real estate, from the CCIM Institute.
Headquartered in Chicago, CCIM Institute is one of the largest global commercial real estate networks.
The following Arizona CCIM chapter members were among the 122 industry professionals who earned the CCIM designation during the organization’s fall CCIM Comprehensive Exam testing session, which was held in Pittsburgh.
Thomas Ellixson, Menlo Group CRE, Central Arizona; Eric Ferber, Cutler Commercial, Central Arizona; David Luke, CommLoan, Central Arizona; Tucker Mackenzie, Hawkins Companies, Central Arizona; Eli Mastracci, Phoenix West Commercial LLC, Central Arizona; Jason Triano, Menlo Group CRE, Central Arizona; and Michelle Cunningham, Fort Lowell Realty, Southern Arizona.
“These latest designees join an exclusive global commercial real estate community, one that represents the highest level of expertise, experience, and ethics in the industry,” said Timothy S. Blair, CCIM, 2021 global president of CCIM Institute. “That’s why people look to this CCIM pin – each of us brings sophisticated analysis and evaluation skills to the table to make the most of every deal while never losing sight of the human factor – our clients and those we work with on a deal.”
To earn the CCIM designation, commercial real estate professionals must complete more than 160 hours of case-study-driven education covering topics such as interest-based negotiation, financial analysis, market analysis, user decision analysis, investment analysis, and ethics in commercial investment real estate.
Candidates must also compile a portfolio demonstrating the depth of their commercial real estate experience and pass a comprehensive examination.
“Obtaining the CCIM designation is not easy, but it’s worth it. They say that if it were easy, everyone would do it,” said Central Arizona Chapter President Todd Hamilton, CCIM, SIOR, Citywide Commercial Real Estate. “When I transact with a fellow CCIM designee, I know that I’m dealing with an intelligent person that I can trust. We applaud and congratulate the newest Arizona designees.”
CCIM Institute is a global community of approximately 13,000 members, more than 50 chapters, and 30 countries that educates and connects the world’s leading experts in investment strategy, financial analysis, and market analysis.
CCIM Southern Arizona representatives in Pittsburgh (Left to right) Gary Heinfeld, Advisors in Real Estate, Inc.; Michelle Cunningham, Fort Lowell Realty; James Robertston Jr.; Cody McGuire, National Bank of Arizona; and R. Craig Finfrock, Commercial Retail Advisors.
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About CCIM Institute
CCIM Institute created the language of global real estate investment. Our courses and worldwide community deploy commercial real estate investment methodologies and tools that speed the pathway between opportunity, a go/no-go decision, and success for an asset, taught by instructors who are themselves industry leaders. Today, the organization, through its 50-plus chapters, continues to innovate best practices and elevate the commercial real estate professional through its core designation program to earn the CCIM pin — real estate’s most coveted credential — and its topical education courses offered through the Ward Center for Real Estate Studies. In addition, membership in CCIM includes the industry’s best technology and operational platform, allowing entrepreneurial and mid-sized businesses to compete with the largest multinational providers. Today, almost 70 percent of designees hold the title of owner, partner, principal, or president, representing an exclusive worldwide referral network of approximately 13,000 members in 30 countries. Ultimately, CCIM represents a larger vision of the commercial real estate provider, leveraging investment analysis, opinions of value, and underwriting to become a leader in sourcing capital, building a cash-flow vehicle, and ultimately creating value. Information at www.ccim.com.
