by Peter Madrid | Jul 8, 2021 | News & Updates
PHOENIX, ARIZ. (July 8, 2021) – Arizona Self-Storage Association (AZSA), the trade association that represents the self-storage industry in Arizona, recently announced its 2021-2022 elected board members.
Elected incumbent board members include James Appleton, MiniCo Insurance Agency; Poppy Behrens, Publisher, MiniCo Publishing, Conference Chair; Richard Marmor, Legal/Legislative Chair; and Carol Mixon Krendl, SkilCheck Services, Education Chair.
Lee Starrett
Newly elected board members include David Grapsas, a principal of the structural engineering consulting firm, United Structural Design, LLC; and Lee Starrett, Kiwi II Construction.
AZSA’s leadership will continue to include Diane Gibson, Cox Armored Mini Storage Management, President; Jeff Gorden, The Gorden Companies, Vice President; Martin Lorch, BPI Capital Management, Treasurer; and Anne Mari DeCoster, Storelocal, Secretary.
“The AZSA board is comprised of a dedicated team of dynamic individuals who embody excellence while continually raising the bar for the local and national self-storage industry,” said AZSA Executive Director Amy Amideo. “We try to honor the past and embrace the future while being mindful of the present. As such, AZSA is truly fortunate to have our incumbents back on the board. In addition, we look forward to working with our two newly elected board members. It’s wonderful to see the synergy of experience and youthful energy.”
Other returning board members include Bill Alter, Rein & Grossoehme Commercial Real Estate; David Brown, Wentworth Property Company; Matthew Hall, Stadium Properties; Korey Hanson, Professional Self Storage Management; Whitney Jurjevich, owner/operator, Ameri-Park RV & Boat Storage; Ray McRae, Arizona Mini Storage Management Company; Alonna Ross Business Development Manager, StorageAuctions.com; Belinda Rosthenhausler, CDC Small Business Finance; Chris Rudel, The Rudel Company; and Tarik Williams, TLW Construction.
AZSA boasts more than 600 facilities in the association owned by approximately 300 owner/operators as well as more than 100 associate members who are both local and national vendors to the self-storage industry.
AZSA holds numerous events, including live and virtual (webinar) educational offerings, networking opportunities and its annual conference, trade show and golf tournament.
About AZSA
Founded in 1996, the Arizona Self-Storage Association was created to strengthen the self-storage industry in Arizona, promote professional standards and quality, and present a unified voice on issues affecting the industry in the state and in its communities. AZSA continues that mission today with approximately 600 facility and vendor members and 300 owners. AZSA works to add and refine services that benefit its members. These services include legislative watch, legal resources, communications, facility and vendor search, educational events and networking and the AZSA Self-Storage Conference & Trade Show. For more information visit azselfstorage.org.
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by Peter Madrid | Jul 7, 2021 | News & Updates
Land Advisors Organization’s Metro Phoenix homebuilding team facilitated the first of a two-phase deal for 165-acres that will bring more than 530 new single-family home lots to the area.
Scottsdale, Ariz. (July 7, 2021) – Land Advisors Organization’s Metro Phoenix Homebuilding Team is pleased to announce the closing of 85-acres in Queen Creek, Arizona, to Mattamy Homes. The $15.5 million deal is the first of a two-phase transaction that will include a total of 165 acres and will deliver 533 new home lots to the national builder.
The new development Empire Point, located at Gary Road and Empire Road, represents the homebuilder’s further expansion in the East Valley. Mattamy Homes plans to offer new single-family homes ranging in width from 35 to 55 feet wide with a central amenity area. Land Advisors Organization’s Homebuilding Team of Bret Rinehart and Ryan Semro represented the buyer in the transaction.
“We are excited for Mattamy Homes and grateful for the opportunity to help them expand their presence in the highly coveted and successful Queen Creek submarket,” said Bret Rinehart, advisor with the Homebuilding Team at Land Advisors Organization.
“The expanding employment corridors, located off the Loop 202 in the East Valley, are continuing to drive demand for housing in the area. We are proud to be part of the successful growth of Mattamy Homes and the East Valley,” Rinehart said.
Land Advisors Organization’s Metro Phoenix Homebuilding team facilitates sales on behalf of landowners with virtually every major home builder in the market. The team specializes in home builder developments, multi-family communities and master-planned communities throughout Arizona.
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 and Tampa Bay, Florida; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIn.
by Peter Madrid | Jun 30, 2021 | News & Updates
Developer responds to market demands by opening community’s newest phase, offering custom parcels for development and “ready-to-build” new home lot packages.
Prescott, Ariz. (June 30, 2021) – Whispering Canyon, a master-planned community nestled in the high desert of Prescott, Arizona, and surrounded by Prescott National Forest, announced it is releasing 28 new residential lots in Phase Five of the development.
The new phase offers full custom lots and 24 “ready-to-build” new home lot packages, in which the luxury lifestyle community’s most popular floorplans are designated to homesites based upon the lot and floorplan layout, topography and maximizing views from each parcel. Designating the parcels in advance assists buyers by streamlining construction and the decision-making process.
Following many consecutive months of high demand for new homes throughout the area, Whispering Canyon’s new Phase Five provides for the current demand by offering much-needed residential custom lots with prepared floorplan options ranging from 2,100 square feet with two bedrooms and a den to just over 2,550 square feet with three bedrooms, an office and 2.5 baths.
Each new home in the community includes a three-car garage and with the Phase Five release, there are also a limited number of detached RV garage packages available. Each homesite, including the custom parcels and the designated new lot home packages, is a minimum size of a half-acre and has been positioned to offer privacy and unequaled views, providing a sense of community while being immersed in the natural surroundings.
“With the growing interest by people relocating from elsewhere in Arizona and across the Western United States and Canada over the past year we put together a plan to address the need for ‘ready-to-build new custom home lots,” said Cole Johnson, developer of Whispering Canyon. By pre-selecting the best floorplan for each lot and its positioning on the parcel we are removing the uncertainty surrounding the most complicated decisions from the buying process and helping to accelerate the start of construction for our buyers, while still allowing them to personalize the home to suit their lifestyle.”
Located at Whispering Canyon Drive and Williamson Valley Road, Whispering Canyon’s new lot and home package sales are managed by Better Homes and Gardens, The Norkus Group’s Prescott team.
“By proactively addressing the most stressful challenges and simultaneously eliminating the unknowns that new home buyers face in the process of new construction the developer is making the buying process more streamlined and allowing our buyers to focus instead on the home’s design features, which they really care most about,” said Di Norkus, Whispering Canyon’s designated Realtor. “We are also thrilled to be able to offer several parcels with RV garages. These are responsive to what our buyers have been asking for and it’s wonderful that this community’s developer is listening and responding. We expect that this new inventory will not be on the market long!”
Recognized for craftsmanship, quality materials and state-of-the-art supervision, the new homes in Whispering Canyon offer numerous features, from the paver drive and architectural stone exterior to the outdoor living patios- all with amazing mountain views.
Each semi-custom home floorplan has a spacious great room and formal dining, showcased by the 10-foot ceilings, designed to capture natural light and unobstructed views. Designer tile flooring, carpet, and interior colors await buyer selection. The great room has direct access to a prodigious covered patio and is immediately adjacent to a kitchen that includes features such as: stainless appliances, buyer select cabinetry, granite counter island, pantry, and breakfast bar or nook. The master bedroom provides a welcome retreat with luxury en suite walk-in shower, double vanity, and walk-in closet. Flexible floorplans include second master suite, guest bedrooms, office and full bath plus powder room options.
Every homesite in Whispering Canyon has underground utilities, water and sewer.
To explore the homes and custom lots at Whispering Canyon and see the breathtaking natural surroundings schedule a visit. Whispering Canyon is open daily from 11 a.m. to 4 p.m. or you can call 928-710-0148 to schedule an appointment. Visit whisperingcanyon.com for more information.
by Peter Madrid | Jun 30, 2021 | News & Updates
PHOENIX, ARIZONA (June 30, 2021) – The sale of a self-storage facility in Gilbert and the sale of an industrial building in Phoenix highlight recent deals by NAI Horizon professionals. Recent deals also included the sale of land in Peoria and Mesa. The four deals totaled $20.9 million.
Sale Transactions:
Denise Nunez and Victoria Filice negotiated the $17.5 million sale of Envy Self-Storage & RV, representing the seller, 202 Storage, LLC. The property is located at 18612 S. Lindsay Road, Gilbert, AZ. The buyer, JLL Arizona Self Storage, LLC was self-represented.
Isy Sonabend and Drew Eisen negotiated the sale of a 19,524 SF industrial building representing the buyer, Who’s Holdings, LLC for $2.25 million. The property is located at 450 E. Watkins St., Phoenix, AZ. The seller, MHBB Capital, Inc. was represented by Trevor McKendry and Chris Rogers with DAUM Commercial Real Estate Services.
Rick Foss and Jay Olson negotiated the sale of 1.74 acres of land representing the buyer, 83rd Avenue & Northern, LLC for $785,000. The property is located at 8002-8004 N. 83rd Ave., Peoria, AZ. The seller, Ball-Smith, LLC was represented by Sean Gillespie with Nathan & Associates.
Mark Wilcke negotiated the sale of 1.1 acres of land representing the seller, Scoobie Bo, LLC for $400,000. The property is located at NWC Sycamore Road and 1st Avenue, Mesa, AZ. The buyer, Kim Temme and Dana Temme was represented by Chad Benninghoff.
Lease Transactions:
Laurel Lewis represented the tenant, Vocational Development Group, LLC in a 77-month office lease for 8,528 SF at 20601 N. 19th Ave., Phoenix, AZ. The landlord, 19th Ave CC AZ Flex LP was represented by Steve Sayre with JLL.
Rick Foss represented the tenant, Super Radiator Coils, LP in a 37-month industrial lease for 16,532 SF at 2060 S. 16th St., Phoenix, AZ. The landlord, Prologis, was represented by Phil Haenel with Cushman & Wakefield.
Jay Mininberg, J.D. and Thomas Bean, CCIM represented the tenant, Gotta Dance Company of Performing Arts, LLC in a 61-month flex lease for 4,923 SF at 21501 N. 78th Ave., Peoria, AZ. The landlord, WFG Arrowhead, LLC was represented by Wesley Gibbs with Pacifica Real Estate Group.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Luxor Nails Lounge, LLC in a 69-month retail lease for 1,580 SF at 3426 E. Baseline Road, Mesa, AZ. The landlord, Whitestone Village Square at Dana Park, LLC was represented by Ingrid Tucker with Whitestone REIT.
Matt Harper, CCIM represented the landlord, Hope Thunderbird Investments, LLC in a 65-month retail lease for 1,900 SF at 13709-13710 N. 51st Ave., Glendale, AZ. The tenant, Vi Do was self-represented.
Laurel Lewis represented the tenant, Southwest Behavioral Health in a 36-month office lease for 7,326 SF at 2215 Hualapai Mountain Road, Kingman, AZ. The landlord, Cheryl Smith, Surviving Trustee was represented by Kristi Patterson with RE/MAX Prestige Properties.
Joan Krueger represented the tenant, AZ Health Systems, LLC in a 36-month retail lease for 1,430 SF at 894 E. Warner Road, Gilbert, AZ. The landlord, Boros Investments, LLC was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, Arizona Security Group in a 36-month industrial lease for 2,272 SF at 2440 W. Medtronic Way, Tempe, AZ. The landlord, Reliance Management was self-represented.
Don Morrow and Dylan Whitwer represented both the tenant, Phoenix Mental Health & Wellness and the landlord, Broadway Plaza, LLC in a 32-month office lease for 1,461 SF at 1270 E. Broadway Road, Tempe, AZ.
Matt Harper, CCIM represented the landlord, Yee Legacy II, LLC in a 48-month retail lease for 960 SF at 18914 E. San Tan Blvd., Queen Creek, AZ. The tenant, Hello Beautiful Custom Aesthetics, LLC was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, Kreative Launch, LLC in a 13-month office lease for 747 SF at 1745 S. Alma School Road, Mesa, AZ. The landlord, Alma School Corporate Center Group, 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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by Peter Madrid | Jun 30, 2021 | News & Updates
PHOENIX, ARIZONA (June 30, 2021) – Kristina Locke, Principal/Director of Business Development at Coe & Van Loo Consultants Inc. (CVL), has been appointed to the Town of Paradise Valley Planning Commission.
Locke, who has been with CVL for 6 years, joins the seven-resident commission appointed by the Town Council. The commission provides recommendations on a wide array of land-use issues including subdivision plats, lot splits, zoning ordinance amendments, Special Use Permits, and general plan amendments. Locke will serve a 3-year term.
The Planning Commission is also the primary entity responsible for long-term, comprehensive planning and often acts as the advisory committee on long-term plans.
“I’m honored to be appointed,” Locke said. “As a resident, I’m excited to be a part of the process to provide meaningful input towards preserving the Town’s legacy and character.”
Locke possesses more than 20 years of experience in marketing and business development; 8 years in the Architecture/Engineering/Construction (AEC) field specializing in the civil engineering, land planning, land surveying, stormwater management and water/wastewater sectors.
In her role at CVL, Locke coordinates with the leadership at City of Phoenix, City of Peoria, City of Tempe, City of Mesa, Arizona State University and EPCOR Water to review their capital improvement plans and budgets. Locke identifies the engineering needs of various agencies and aligns the appropriate service to various projects.
Locke has acquired numerous high-profile accounts, developed strategic marketing initiatives, and launched multi-media campaigns national and local for CVL. She leads the firm’s business development efforts, drives its brand recognition, and helps boost business expansion.
“I want to congratulate Kristina on her appointment,” said CVL President Ryan Weed. “Her interest in serving Paradise Valley on the Commission is an example of her nature. Her work ethic and connection to her community have made her an excellent choice for this role. Her past project involvement, design sense, and working knowledge of the Town code will help to ensure her feedback balances the best interests of the Town and applicant.”
A resident of Paradise Valley, Locke earned a Bachelor of Science degree in journalism from the University of Missouri-Columbia. She is active in the AEC industry as Board Member of the Arizona Public Works Association, Chair of the Programs Committee for Arizona Public Works Association, Co-Chair of the Valley Partnership Events Committee, and past Chair of AAED’s Charity Luncheon, a position she held for four consecutive years.
Locke gives back to the community and has dedicated her time to charities such as StreetLightUSA (a foster care organization), Horses with Heart and Arizona Angels for Children.
CVL is a leading provider of comprehensive design services that supports its client’s project needs and enhances their project experience from feasibility through construction. CVL offers a team of technical experts and licensed professionals that provide a variety of services including civil engineering, land surveying, landscape architecture, water/wastewater, land planning, storm water engineering, and construction administration. To learn more about CVL visit cvlci.com.
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by Peter Madrid | Jun 21, 2021 | News & Updates
PHOENIX, ARIZONA (June 21, 2021) – NAI Horizon is proud to announce that it assisted in negotiating the sale of the iconic Duke Photography business to local investor Aaron Klusman and his operating partners, Eric and Darcy Carter.
NAI Horizon First Vice President Michael Gaida represented the seller, Darrell Duke, in the disposition of the business. The buyer was Klusman Family Holdings, LLC, Aaron Klusman.
Duke Photography was established more than 70 years ago.
Mike Gaida
“If you grew up in the Valley, chances are Duke Photography touched a part of your life,” Gaida said. “Duke Photography has been a widely known photography business for school, sports, family and commercial portraits serving a vast majority of Arizona residents for generations. Anyone living in Phoenix for more than 10 years will recognize the Duke Photography name and the pictures they took of their children in school and sports.”
According to Gaida, the new owners will continue the legacy while bringing the business up to the 21st century with new ideas and concepts to enhance the photography business. The Duke family will stay on as a consultant partner, the new owners said.
“Duke Photography has been a part of my life for as long as I can remember but I’m really excited for this transition,” Darrell Duke said. “We will be able to continue saving memories by creating beautiful portraits for our community. We will continue to serve the several markets we work with now. Fine portraiture, elementary school photos, high school photos and business portraiture. We also do school sports and team sports.”
Duke 2.0 will also include the addition of a walk-up coffee shop that will serve small-batch coffee, bagels and other collaborative bites.
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 | Jun 17, 2021 | News & Updates
SCOTTSDALE, ARIZ. (JUNE 17, 2021) – Fidelity National Title Agency is pleased to announce a passing of the torch celebration with the retirement of industry mentor Vice President Diane Carpenter and the promotion of her protégé Kristina Gooding to Vice President/Branch Manager of the firm’s Northgate Commercial office.
Carpenter, an industry veteran of 26 years, has been with Fidelity National Title since 2016. She retires as Branch Manager of the Northgate Commercial office, 14000 N. Pima Road in Scottsdale. During her career as a commercial escrow officer, Carpenter personally closed more than 8,000 transactions valued at more than $30 billion.
Carpenter’s experience includes executing sophisticated multiparty transactions for a wide range of projects. It includes master-planned communities as well as commercial, office, industrial, medical, hospitality, multi-family and large vacant land deals for owners, lenders, investors, developers and builders. She has also managed and coordinated major non-real estate escrows, including corporate mergers and acquisitions in addition to complex joint development agreements among various developers and homebuilders.
Gooding, who previously served as Assistant Vice President/Commercial Escrow Officer, is a 15-year industry veteran. She has been with Fidelity National Title for 5 years. Her new responsibilities will be to manage the Northgate Commercial branch, which includes managing personnel, profit and loss responsibility as well as other managerial responsibilities.
“Diane’s commitment to her craft has been exceptional, resulting in an expertise and accumulation of knowledge that ensures a legacy that will always be valued and remembered,” said Mary Lou Paulk, Fidelity National Title President/County Manager. “I want to thank Diane for her dedication to our company and wish her well as she moves forward and welcome Kristina to her new position.”
Kristina Gooding
“Kristina has demonstrated during her tenure with Fidelity innate leadership skills together with her superior technical knowledge in escrow and title making her the perfect person to lead this dynamic commercial team,” said Senior Vice President/Operations Manager Diane Day. “We are so excited that Kristina is ready for the new challenge as Diane heads into retirement. She has been mentored to take the lead and is eager to embrace it.”
Born and raised in the Chicago area, Gooding is a graduate of the Eller College of Management at the University of Arizona. She earned her Bachelor of Science degree in business economics and served as a member of the Alpha Kappa Psi Business Fraternity.
Gooding honed her professional expertise through successfully executing transactions for multifamily, retail shopping centers, industrial, office, residential and vacant land. Prior to working in title and escrow, Gooding previously managed a variety of new-build and reconstruction projects.
Gooding and her husband Jason have two daughters, Harper (7) and Evelyn (4). Away from the office she enjoys playing softball, reading, relaxing with her family and cheering on the Chicago Bears.
Carpenter is a member of the Arizona State Escrow Association. She earned a Bachelor of Arts degree from the University of Maine. She also holds a paralegal certificate from the Philadelphia Institute. In retirement, she plans to spend more time with her family in Maine.
“I love the quote, ‘The only constant in life Is change,’ because it’s so true,” Paulk said. “With change also comes opportunity. Kristina has been an exemplary employee with Fidelity since 2016. She has acquired extensive commercial escrow and title experience while working as Diane’s protégé for the past 15 years.”
About Fidelity National Title
With a proud history of more than 150 years, Fidelity National Title Agency (NYSE-FNF) is the nation’s premier real estate service providers. FNF has $1.5 billion in claims reserves, 33.2% market share, and is the highest-ranked title insurance company currently on the Fortune 500. Through its nationwide network of direct operations and agents, Fidelity National Title Agency provides title insurance, underwriting, escrow and closing services to residential, commercial and industrial clients, lenders, developers, attorneys, real estate professionals, investors and consumers. Let Fidelity demonstrate why customers nationwide rely on its experience, service and financial strength for real estate transactions across the country. For more information visit fntarizona.com/
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by Peter Madrid | Jun 16, 2021 | News & Updates
Liv Crossroads in Gilbert at more than 70 percent leased in continuation of strong demand for amenity-rich, community-oriented, luxury rental housing
GILBERT, ARIZ. (June 16, 2021) ‒ Development partners Liv Communities and Rockefeller Group recently celebrated a ribbon-cutting event of their fourth collaborative multi-family community in the Valley in the past nine years.
Local dignitaries and project team members were on hand for the ceremony held at Liv Crossroads, 445 E. Germann Road in Gilbert, Arizona. Occupancy of the first buildings took place in April, with strong leasing activity driven by strong demand for the community-oriented development. Demand is so strong that the community is already 70 percent leased. Final completion of the community is expected in February 2022.
“It’s my privilege to thank what has turned into now, a real core team. We are a family, in a lot of ways,” said Liv Communities CEO Scott Brooks. “Rockefeller Group has helped us build the Liv presence here in the Valley. We rely on each other as partners. We have worked on several communities together. It’s been an incredible journey to build these relationships. Thanking each of these key folks is just the latest.”
When Liv Crossroads is complete, Liv Communities will have 900 rental homes in three communities in Gilbert that represent an investment of $150 million in the town, Brooks said.
Liv Crossroads features 356 units ranging in size from studios to three bedrooms. It comprises 19 buildings plus two amenity buildings that feature the office, resident Hub, co-working space and Liv Fit fitness center, all with 24-hour access to Liv residents.
Residents enjoy an over-sized heated resort-style pool and spa, on-site personal training and group fitness, indoor and outdoor community entertainment and recreation areas, and a “Bark Park” with pet-friendly social events.
Additional community amenities include rideshare pickup location, the “Mile Shy” Walking Trail, a community garden, a relaxing hammock garden, business center/conference room, outdoor fitness stations, package delivery lockers, a coffee bar, private garages, car care center, electric car charging stations and Wi-Fi in all amenity areas. Liv focuses on building a genuine community where residents have the opportunity to live a more fulfilling life and build lasting friendships.
Apartment amenities include granite countertops, patio storage, internet access points throughout the home, plank flooring, private patio/balcony, private master baths, detached garages available to rent, stainless steel Energy Star appliances and Liv Smart home automation.
“Today is a celebration day; this Liv development is a joint venture we’re really proud to be a part of,” said Thomas Weeks, Executive Vice President and Head of Development for Rockefeller Group. “This is a great community and a great place to live. This is also a great place to work. Gilbert’s growth is proof positive of that.”
Whitneybell Perry is the architect of record and Clark Wayland is the general contractor. Notable subcontractors include Terrascape Consulting, RC Interiors and Anderson Landscape Design.
“The first time I toured a Liv community in Gilbert, I said to my husband, ‘Can we live in a Liv community?’” said Town of Gilbert Mayor Brigette Peterson. “I hope you have the best of luck in our community.”
Local dignitaries and project team members were on hand for the ribbon-cutting ceremony held at Liv Crossroads, 445 E. Germann Road in Gilbert, Arizona.
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.
About Rockefeller Group
Rockefeller Group develops, owns and operates extraordinary properties across the United States. For nearly a century, the company has delivered exceptional experiences and value creation through dedication to quality in the built environment. The company’s portfolio spans the development of office, multifamily, industrial and mixed-use projects across six geographic regions as well as significant ownership interest in and management of approximately six million square feet of world-class office space in Manhattan. Visit RockefellerGroup.com.
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by Peter Madrid | Jun 16, 2021 | News & Updates
PHOENIX, ARIZ. (June 16, 2021) – NAI Horizon represented the seller in the disposition of a 5-acre parcel of the 26.1-acre Planned Area Development-zoned Rumsey Ridge Development site near the intersection of State Route 87 and Malibu Drive in Payson, Arizona.
NAI Horizon Senior Vice President John Filli, SIOR, represented Fieldbrook Payson Partners, LLCA, a Utah limited liability company in the $455,000 sale. The buyer is Christopher J. Martin and/or Assignee of Granite Bay, California. At close of escrow, the property was assigned by Christopher J. Martin and/or Assignee to Widdershins LLC, an Arizona limited liability company.
The buyer, an investor/developer, has a first right of refusal with an option to purchase Phases 2 and 3 of the northern half of the Rumsey Ridge Development.
“As I look back at the effort it took to complete such a sales transaction opportunity, I am reminded that ‘opportunity is missed by most people because it is dressed in overalls and looks like work,’ ” Filli said.
The subject land parcel is situated west of SR 87, immediately adjacent to the west and north property lines of the Payson Wal-Mart, on the east side of the Forest Hills Condominium subdivision, and north of SR 260. The proposed development has a total site area of approximately 1.167 million SF (26.1 acres) made up of one large parcel and one very small parcel.
In July 2009 a developer had plans to develop the property as a multi-family residential project with a maximum number of dwelling units per acre with neighborhood amenities located throughout the property that were to include parks, open space, clubhouse, and pool.
In moving forward with the project, the developer-initiated discussions with Planning, Zoning and Public Works personnel and learned that an approved Rezoning/PAD Overlay would be required to allow for increased density and innovative internal roadway sections.
On December 30, 2013, the Rumsey Ridge Development property was purchased by TTLC Timber Ridge LLC, a foreign Arizona limited liability company, for $2.147 million on a seller carry-back basis. During the transaction, the seller was represented by NAI Horizon’s Filli; the buyer was self-represented.
In early 2018 the property was repossessed via trustee’s sale by the original seller (Fieldbrook Payson Partners LLC). In late 2018 the 26.1-acre Rumsey Ridge land site once again became available for purchase through NAI Horizon (Filli), this time with PAD zoning in place.
“In looking back (from July of 2009 to the present), I can honestly say that ‘the man who gets ahead is the one who does more than necessary – and keeps on doing it,’” Filli added.
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 | Jun 15, 2021 | News & Updates
PHOENIX, ARIZONA (June 15, 2021) – Longtime ULI leader Mark Winkleman, President of MGS Realty Partners, has been selected as the new Chair of the Urban Land Institute, Arizona District Council (ULI Arizona), serving on a voluntary basis for a two-year term starting on July 1.
Winkleman, a Full Member of the Urban Land Institute, has been actively involved in ULI since 2003 and was previously Vice Chair with responsibility for Mission Advancement. His extensive volunteerism at ULI locally includes District Council Treasurer, Trends Day Chair, and a Partnership Forum Mentor.
Winkleman is a recognized leader in real estate development, management, and investment throughout the Southwest. Founded in 1999, MGS Realty Partners owns and operates numerous real estate assets and provides real estate advisory services.
“I look forward to this opportunity to lead ULI Arizona, and advance ULI’s tradition of knowledge sharing and mentoring,” Winkleman said. “As a neutral convener, ULI creates forums for highly effective information exchange where members from around the world can share ideas and best practices.”
Winkleman served as the Chief Operating Officer of ML Manager, LLC, successor to Mortgages Ltd, since 2009. Mortgages, Ltd was an Arizona-based private equity lender that had almost $1 billion in outstanding loans at the time of its bankruptcy. During this time, Winkleman directed the sale of more than $200 million in properties.
From 2003 until 2009, Winkleman served as the Arizona State Land Commissioner and directed the Arizona State Land Department, serving on the cabinets of governors Janet Napolitano and Jan Brewer.
As Arizona Land Commissioner, he was responsible for the management of approximately 9.3 million acres of land. During his tenure, the revenues of the Land Department exceeded $1.8 billion, with the bulk of the proceeds going for the benefit of public education.
In addition to his volunteer efforts with ULI, Winkleman serves on the Boards of Directors of Salt River Devco and the McDowell Sonoran Conservancy. His extensive charitable work includes being a past chair of Valley Partnership and a past member of the City of Phoenix Industrial Development Authority Board of Directors, and Arizona State Parks Board of Directors.
Winkleman succeeds Heidi Kimball, Senior Vice President with Sunbelt Holdings, who will move into the Governance Chair role for ULI.
“Our district and national councils are the foundation for ULI’s collective impact,” said ULI Chief Executive Officer Ed Walter. “They make an incredible difference in the quality of our work and the fulfillment of our mission.”
ULI Arizona also announced the following industry professionals will be rounding out the District Council leadership team:
Heather Personne, a ULI Full Member and Managing Principal of Evolve Ventures, is the incoming Vice Chair; and Steve Lindley, a ULI Full Member and Executive Director/Capital Markets at Cushman & Wakefield, is the incoming Treasurer. Both have been extensively involved in ULI leadership positions. Personne is Vice Chair of the ULI National Placemaking Product Council.
Heather Personne
Steve Lindley
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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