by Peter Madrid | Jun 10, 2021 | News & Updates
PHOENIX, ARIZONA (June 10, 2021) – Clear Title Agency of Arizona, a leader in commercial and residential title and escrow services, distinguished itself during the height of the COVID-19 pandemic by promoting and providing protective measures for its clients and its employees. At the same time, Clear Title continued its commitment to community support despite a pandemic that affected every spectrum of the economy.
Examples of Clear Title’s leadership:
- Community support: Clear Title donated more than 250 hours of marketing support to the Boys and Girls Clubs of the Valley to assist with communication efforts. The facilities stayed open while others were closed and provided critical childcare needs, food and counseling go essential employees across the Valley.
- Client support: Clear Title agents implemented curbside signings and utilized mobile notaries to protect people from gathering indoors while signing closing documents.
- Employee support: Clear Title offered its employees the flexibility to work from home if they had children who were out of school or had family/loved ones who were older or at-risk of contracting the virus. Early in the pandemic, when testing availability was limited, Cleat Title provided an arrangement with a private practice physician to provide testing to at no cost to all employees.
“From the start we were all in this together and did so many things to protect the more vulnerable people in our community as well as our clients and ourselves,” said Clear Title CEO Bart Patterson. “Clear Title takes the health and wellness of our people, clients and community very seriously. We decided to lead the way by taking preventive actions to keep our families and clients safe.”
Additional community support included hosting a PPE drive for Valleywise Health utilizing the seven Valley Clear Title locations as drop-off points; donating over $16,000 to the Northern Arizona community housing fund to help provide affordable housing and payment assistance in Flagstaff; and donating more than $10,000 to Valleywise Health to assist with COVID response efforts.
“Early in the pandemic, Clear Title was one of the first companies to reach out and ask ‘how can we help?’ ” said Nate Lowrie, CEO of Valleywise Health Foundation. “At that time, the front-line responders needed PPE and Clear Title stepped up allowing us to use their offices Valley-wide as donation centers. They also made significant financial contributions that helped provide care to vulnerable populations across our community.”
Additional client support included implementing clean room policies to ensure a safe environment for clients when signing documents; and offering a mobile app, which enables real estate agents and buyers to send earnest money deposits via a mobile device instantly, securely and at no additional cost.
CTA curbside signing of title documents.
ABOUT CLEAR TITLE AGENCY OF ARIZONA
Locally owned and operated, Clear Title Agency of Arizona provides full-service residential and commercial title and escrow services with multiple locations across the Valley and in Flagstaff. The company has been recognized by Inc. 5000 Fastest Growing Companies and Phoenix Business Journal’s Best Places to Work numerous times and ranks in the top 1% of all First American agents nationally. For more information, visit cleartitleaz.com.
by Peter Madrid | Jun 10, 2021 | News & Updates
PHOENIX, ARIZONA (June 10, 2021) – The sale of 7 acres of land and the sale of four office buildings totaling $2.47 million highlight recent deals closed by NAI Horizon professionals. The land sale alone fetched $1.075 million.
Sale Transactions:
Mark Wilcke negotiated the sale of 7.06 acres of land representing the seller, Kuma Development, LLC & Chris Walsh & Crossing Development, Inc. for $1.075 million. The property is located at 15660 W. Illini St., and 3740-3790 S. 156th Ave., Goodyear, AZ. The buyer, ACP Estrella, LLC was represented by Pat Harland with JLL.
Don Morrow and Dylan Whitwer negotiated the sale of a 5,317 SF office building representing the buyer, Kings Ranch Enterprises, LLC for $475,000. The property is located at 6641 S. Kings Ranch Road, Gold Canyon, AZ. The seller, Arizona Bank & Trust was represented by Nathan Pancrazi with Keyser.
Troy Giammarco and Joe Pequeno negotiated the sale of a 2,290 SF office building representing the seller, 8700 Kelton Campus, LLC for $372,640. The property is located at 8765 W. Kelton Lane, Peoria, AZ. The buyer, MBH II, LLC was represented by Jeanette Bennett with Kidder Mathews.
Christopher Lewis negotiated the sale of a 2,178 SF medical office building representing both the buyer, August Cove Properties, LLC and the seller, Rick & Sharon Wilson for $275,000. The property is located at 10307 W. Missouri Ave., Glendale, AZ.
Matt Harper, CCIM negotiated the sale of an 871 SF office building representing the buyer, Thomas 1526, LLC for $275,000. The property is located at 1526 W. Thomas Road, Phoenix, AZ. The seller, Aaron Jackson was represented by Scott Bryant with KW Commercial.
Lease Transactions:
Matt Harper, CCIM represented the landlord, 13 Associates, LLC in a 120-month retail lease for 15,000 SF at 1539 N. Park Drive, Winslow, AZ. The tenant, Family Dollar, Inc. was represented by Kurt Kalocin with Christifulli Commercial Real Estate.
Kevin Higgins represented the landlord, Bogle Family Realty in a 62-month office lease for 5,554 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, Suntree Snack Foods was represented by Chris Rogers and Trevor McKendry with Daum Commercial Real Estate.
Rick Foss represented the tenant, Buckeye International, Inc. in a 61-month industrial lease for 5,368 SF at 8399 W. Van Buren St., Tolleson, AZ. The landlord, CAM Holdings 2015, LLC was self-represented.
Chris Gerow, Shelby Tworek and Gabe Ortega represented both the landlord, CP6MF, LLC and the tenant, Matrysohka Group, LLC in a 63-month retail lease for 1,652 SF at 1840 E. Warner Road, Tempe, AZ.
Joe Pequeno and Troy Giammarco represented the landlord, SuoLL Holdings, LLC in a 63-month office lease for 787 SF at 1300 E. Missouri Ave., Phoenix, AZ. The tenant, Timothy J. Holly, CFP was represented by Eric Bell with Kidder Mathews.
Troy Giammarco and Joe Pequeno represented the landlord, Preach Building Supply in a 12-month office lease for 4,000 SF at 651 N. Jack Rabbit Trail, Buckeye, AZ. The tenant, OCM, was self-represented.
Matt Harper, CCIM represented the landlord, GGR Holdings, Inc. in a 38-month retail lease for 1,175 SF at 4024 E. Guadalupe Road, Gilbert, AZ. The tenant, Stella Posh, LLC was self-represented.
Matt Harper, CCIM represented the landlord, Puchhi, Inc. in a 39-month retail lease for 1,240 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, Yesenia Sanchez & Karina Quintanilla were self-represented.
Joan Krueger represented the landlord, Jade Lion, LLC in a 64-month retail lease for 566 SF at 9241 N. 6th St., Phoenix, AZ. The tenant, Hey Kat, LLC was represented by Markus Hochholzer with Patriot Commercial Properties.
Matt Harper, CCIM represented the landlord, MAZ Northern Plaza, LLC in a 24-month retail lease for 1,000 SF at 5008 W. Northern Ave., Glendale, AZ. The tenant, Li Hong Zhang was represented by Gary Tindle with LRA Commercial.
Matt Harper, CCIM represented the landlord, E & L Investments, LLC in a 12-month retail lease for 1,232 SF at 2647 W. Glendale Ave., Phoenix, AZ. The tenant, Azizi Mohamedi & Zawadi Yudes was self-represented.
Matt Harper, CCIM represented the landlord, Tempe Plaza, LLC in a 12-month retail lease for 1,200 SF at 4325 S. 48th St., Tempe, AZ. The tenant, Tierre Lotz was self-represented.
Joe Pequeno and Troy Giammarco represented the landlord, Dorothy Westfall in a 12-month office lease for 750 SF at 9303 N. 7th St., Phoenix, AZ. The tenant, Kinetic LMT, LLC was self-represented.
Matt Harper, CCIM represented the landlord, 2021 Plaza, LLC in a 7-month retail lease for 1,045 SF at 205-231 S. Mountain Ave., Springerville, AZ. The tenant Nathaniel W. Steele 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 9, 2021 | News & Updates
PHOENIX, ARIZONA (June 9, 2021) – NAI Horizon Managing Director Denise Nunez and Associate Victoria Filice represented the seller in the $17.5 million investment sale of Envy Self-Storage & RV in Gilbert, Arizona.
The Nunez Self Storage Group represented the seller, Arizona entity 202 Storage, LLC. The buyer was JLL Arizona Self Storage, LLC, also an Arizona entity.
The current asset totals 127,745 NRSF and 757 units. It includes a mix of standard drive-up units, climate-controlled units, covered parking spaces and uncovered parking spaces. The sale included an in-progress expansion of the RV parking, which will add 39 covered spaces and three uncovered spaces. The asset is at 18612 S. Lindsay Road in Gilbert.
“This was an off-market deal where the Nunez Self Storage Group identified the property for a California 1031 Exchange buyer. The owners had not planned to sell. However, this showstopper facility commanded an above-market offer which presented the owners with a unique selling opportunity,” Nunez said.
Envy Self-Storage & RV is located at Lindsay and Germann roads in one of the Valley’s fast-growing municipalities. It features boat and RV storage and is located near major highways in the bustling Southeast Valley.
Property amenities include 24-hour security monitoring, covered loading and unloading, electronic gate access, a fully fenced and well-lit yard, and ground-level units.
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 7, 2021 | News & Updates
PHOENIX, ARIZONA (June 7, 2021) – The Phoenix Kidder Mathews healthcare team continues to capitalize on the robust medical office building market in the West Valley, representing the sellers in the disposition of three assets in the second quarter of 2021 totaling $32.85 million.
Kidder Mathews sold the properties within six weeks of each other after getting them each to, at least, 97 percent occupancy. Two were conversions to medical; one was a single-story, garden-style medical office campus.
The team of Senior Vice President Michael Dupuy and Vice President Rachael Thompson represented the sellers in each instance.
“All three of these projects are strategically located with great drive-up and building signage options,” Thompson said. “The medical market is seeing an increase in the demand for buildings like these: excellent payor mix, easy access to main roads/freeways and well maintained. Patients and tenants gravitate to buildings like these.”
A noteworthy trend is the conversion of retail centers to medical office. Last year Kidder Mathews started the process of leasing up Cornerstone Medical Center, a 20,235 SF repurposed Maytag appliance store in Goodyear on behalf of Whiteboard Development.
Within 14 months, the project was fully leased with tenants competing for the final spaces. Tenants included Cigna, ResCare, Valley Sleep Center and the Center for Autism and Related Disorders (CARD). The project was built by Colin Brown of Whiteboard Development Co., his third retail-to-medical office conversion project in Greater Phoenix.
“Identifying soft spots in the market is one thing, but you have to do your homework upfront on the physical asset itself because not every retail or office property is equipped to be a medical office building,” Brown said.
The asset is strategically located in Goodyear, one of the West Valley’s fastest-growing communities. It offers a quick two-minute drive to the I-10 freeway, providing easy access to housing, entertainment and retail.
The Abrazo West Campus is located within walking distance and the project is not encumbered with any use restrictions.
“The buyer profiles for each of these deals were unique. The buildings, however, were more similar in the fact they were all located in the West Valley, well-designed and well-leased. We’ve seen strong interest from investors that historically owned other product types,” Dupuy said. “Demand is high for medical office. An aging and growing population in Metro Phoenix continue to support this. There’s more to come.”
The deals:
- Cornerstone Medical Center, 20,235 SF, $7.65 million, Goodyear, Arizona;
- Talavi Medical Plaza, 35,893 SF, $10 million, Glendale, Arizona;
- Thunderbird Palms, 52,013 SF, $15.25 million, Glendale, Arizona.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast with more than 700 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project and construction management, and debt and equity finance services for all property types. It performs $7 billion in transactions, manages more than 51 MSF of space, and conducts more than 1,500 appraisals annually. For more information visit http://kiddermathews.com/locations/phoenix.php.
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by Peter Madrid | Jun 2, 2021 | News & Updates
PHOENIX, ARIZ. (June 2, 2021) – Celebrating its fifth anniversary in 2020, RestorationHQ, a damage restoration services firm, showed its resiliency by achieving 31 percent growth in volume despite the COVID-19 pandemic.
“The growth was a result of well-trained and properly qualified technicians and a management team that stepped up and committed to the needs of our clients when they were facing loss and uncertainty during the pandemic,” said Owner Sergei Guk. “COVID cleanings contributed to, but were only a small part (8 percent) of, our growth.”
RestorationHQ Owner Sergei Guk
RestorationHQ is an emergency services contractor with services that include emergency response and mitigation from water intrusions and fire damage; mold remediation; asbestos abatement; hazmat/bio-cleaning services; post-mitigation reconstruction and other building-related emergency issues.
RestorationHQ did not use the pandemic as an opportunity to go out and start doing new services. Instead, it chose to use the time to refine and develop its internal structure and processes and strengthen its partnerships, Guk said.
“We started this company to elevate the industry beginning with, and always returning to, the experience of the people we serve,” Guk said. “With us, you’ve got a crew of people who’ve joined your team – not just another vendor. We care about your loss like it’s our own.”
After two years of operation, RestorationHQ generated $2.5 million in revenue in 2017. In March 2018, Guk completed a management buyout with a business partner that total increased to $3 million in 2018. Last year, RestorationHQ witnessed $5 million in revenue.
The company is anticipating further growth (20 percent) in 2021 with a restructured marketing and sales team to adjust to the new times post-COVID as well as initiate growth in the new markets. The entire team has been redesigned beginning with the addition of Brandie Hopwood as Director of Business Development, Sales and Marketing, according to Guk.
RestorationHQ also hired five additional team members who service their own unique verticals in current markets based on their specialty.
“We are targeting the national market space,” Guk said about the company’s growth. “We hired a business coach (Michael Erath with Next Level Growth) and have initiated a plan to structure the company for multistate work.”
Guk said that includes writing and testing the brand manual, cultivating relationships outside of Arizona to allow for expansion into new markets, and starting additional entities that will ultimately support the franchise model for all its needs.
RestorationHQ holds more than 20 current certifications, trainings, and safety courses including the IICRC (the Institute of Inspection, Cleaning and Restoration Certification, the certifying body for the inspection, cleaning and restoration industry), AHERA Accreditation (Asbestos Hazards Emergency Response Act), EPA, OSHA, and other governing bodies responsible for compliance regulation and continued education.
For more information visit www.RestorationHQ.us.
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by Peter Madrid | Jun 1, 2021 | News & Updates
PHOENIX, ARIZ. (June 1, 2021) – For the Central Arizona chapter of CCIM, it was an opportunity to once again network in person while at the same time, and more importantly, give back to the community.
More than 20 members of the chapter gathered in May to volunteer at Feed My Starving Children in Mesa. During its 2-hour shift, the Central Arizona chapter of CCIM packed 60 boxes.
That represented 12,960 meals that will feed 34 kids for one year.
Many of the chapter members brought their own children and families. They gathered after the event for an in-person get-together.
“It’s an incredible experience to join together for an event like this, knowing you’re impacting the lives of so many children,” said chapter President Todd Hamilton, CCIM, SIOR, with Citywide Commercial. “I’m so proud to be a part of the Central Arizona CCIM chapter. The best and brightest commercial real estate professionals working side by side for a great cause.”
Feed My Starving Children is a nonprofit organization dedicated to seeing every child whole in body and spirit. It works with food distribution partners that stay with communities for the long term, empowering them to move from relief to development.
Feed My Starving Children meals are developed by food science and nutrition professionals to supplement nutritional needs and reduce problems with malnutrition. The organization estimates that at least 6,200 children die each day from causes related to undernutrition.
May’s chapter gathering is just one of many in-person events it is planning for the remainder of 2021.
For more information on the chapter, visit centralazccimchapter.com
The tally board for the Central Arizona CCIM chapter team.
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.
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.
Almost 70 percent of designees hold the title of owner, partner, principal, or president, representing an exclusive worldwide referral network of 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.
by Peter Madrid | May 25, 2021 | News & Updates
PHOENIX, ARIZONA (May 25, 2021) – The sales of retail assets in Mesa, Phoenix and Apache Junction totaling $2.57 million highlight recent deals closed by NAI Horizon professionals. Recent deals also included two land sales totaling $361,000 and an office sale of $275,000.
Sale Transactions:
John Filli, SIOR negotiated the sale of a 14,060 SF retail building representing the seller, The Peter & Phyllis Eichman Trust for $1.65 million. The property is located at 2121 S. Power Road, Mesa, AZ. The buyer, KFH 2121 Power Road, LLC was represented by Aaron Klusman with Camelback Partners.
Matt Harper, CCIM negotiated the sale of a 5,881 SF retail building representing the seller, Map My Gene, LLC for $815,000. The property is located at 1920 W. Camelback Road, Phoenix, AZ. The buyer, NMAZ Holdings, LLC was represented by Adam Lam with Sperry Commercial.
Matt Harper, CCIM and Michael Gaida negotiated the sale of a 2,400 SF retail building representing the seller, Phillip Parenti and Lorena Parenti for $285,000. The property is located at 832 N. Main Drive, Apache Junction, AZ. The buyer, Larsen Family Trust was self-represented.
Matt Harper, CCIM negotiated the sale of an 871 SF office building representing the buyer, Thomas 1526, LLC for $275,000. The property is located at 1526 W. Thomas Road, Phoenix, AZ. The seller, Aaron Jackson was represented by Scott Bryant with KW Commercial.
Matt Harper, CCIM negotiated the sale of 0.67 acres of land representing the buyer, FEMAD, LLC for $199,000. The property is located at 4101 W. Bethany Home Road, Phoenix, AZ. The seller, Bodensee, LLC was represented by Walter Unger, CCIM with West USA Realty.
Joan Krueger negotiated the sale of 2.025 acres of land representing the seller, Stephens Family Trust for $162,000. The property is located at 25600 W. MC Hwy 85, Buckeye, AZ. The buyer, David and Maria Garcia was self-represented.
Lease Transactions:
Mike Myrick, CCIM represented the tenant, Jason C. Harrill DPM in a 125-month medical office lease for 5,521 SF at 1520 S. Dobson Road, Mesa, AZ. The landlord, VTR Desert Samaritan, LLC was represented by Lael Crompton with PMB Real Estate Services.
Matt Harper, CCIM represented the landlord, Puchhi, Inc. in a 63-month retail lease for 2,480 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, Mattress by Appointment of Scottsdale, LLC was self-represented.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, RDEV Ranch, LLC in a lease renewal for 12,000 SF at 1036 E. Southern Ave., Mesa, AZ. The tenant, Muebleria Del Sol was self-represented.
Joe Pequeno and Troy Giammarco represented the landlord, Steve Iskhakov in a 25-month office lease for 2,225 SF at 4433 N. 19th Ave., Phoenix, AZ. The tenant, Fresh Start Behavioral Services was represented by Doug Scott with EXP Realty, LLC.
Thomas Bean, CCIM and Laurel Lewis represented the landlord, State Bar of Arizona in a 12-month office lease for 1,073 SF at 4201 N. 24th St., Phoenix, AZ. The tenant, The Ramos Injury Firm, LLC was represented by Tanner Digby with Marcum Commercial Advisors.
Matt Harper, CCIM represented the landlord, Kayrich Associates, LLC in a 24-month retail lease for 1,344 SF at 6445 N. 51st Ave., Glendale, AZ. The tenant, Handy Lanfourd & Maria Flores was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, Select Home Care Phoenix, LLC in a 24-month office lease for 1,168 SF at 638 W. Broadway Road, Mesa, AZ. The landlord, Reliance Management 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 | May 20, 2021 | News & Updates
PHOENIX, ARIZONA (May 20, 2021) – NAI Horizon is pleased to announce it has hired marketing and design expert Meg Zemlicka as its new Marketing Manager.
Zemlicka will be responsible for all marketing collateral that aligns with NAI’s branding initiatives for the firm’s agents.
Zemlicka joins NAI Horizon after spending 2 years as Marketing Coordinator and Director of Marketing and Member Services for the Arizona Association of Economic Development (AAED). Prior to that, she was a graphic designer at Northern Arizona University.
While at AAED, Zemlicka helped restructure the AZED Pro course requirements and updated The Academy brand. She also assisted in developing the Economic Development Week Campaign for 2020 which won an award from the International Economic Development Council. Zemlicka helped refresh the AAED brand to reflect the internal shift in leadership.
Zemlicka will be a panelist on May 26 at the AAED’s marketing symposium – Small Investment, Big Impact.
“I am thrilled to have Meg on our NAI team. Her talent and experience will allow us to accelerate our marketing strategies and move our vision forward,” said Terry Martin-Denning, NAI Horizon CEO/Designated Broker. “Her connection to the economic development community through her AAED relationships will benefit NAI and our clients.”
Zemlicka, a native of Connecticut who grew up in Prescott, earned a BS in 2012 in environmental studies from NAU. In 2019 she earned a BFA in graphic design, also from NAU.
Away from the office, Zemlicka enjoys spending time with her family. She and her husband have an 18-month-old daughter.
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 | May 19, 2021 | News & Updates
PHOENIX, ARIZ. (May 19, 2021) – Commercial real estate’s leading annual awards, the Best of NAIOP, returned to a live event after a virtual presentation last year because of the COVID-19 pandemic.
What a celebration it was. The Arizona Chapter of NAIOP safely handed out awards in 34 categories at the Westworld of Scottsdale on May 12.
“Despite the COVID-19 pandemic, the number of Best of NAIOP applications received for 2020 rivaled recent years, which is a testament to the positive momentum in the Arizona commercial real estate industry,” said Jeff Foster, Prologis and CJ Osbrink, Newmark Knight Frank, Best of NAIOP Chairmen. “We want to extend our utmost appreciation to the NAIOP staff, NAIOP Board of Directors, and the Best of NAIOP committee volunteers for all the hard work and time they have put forth to making this such a tremendous evening.”
The 2020 Best of NAIOP honors the prior year’s most successful projects, companies, and individuals within the commercial real estate industry (office/medical office, industrial, and retail). NAIOP Arizona also presents an Award of Excellence. In 2020 it went to R. Craig Coppola with Lee & Associates Arizona.
Butler Design Group kept its win streak alive, bringing home its ninth straight Architect of the Year award. Willmeng scooped up three awards: Firm of the Year, General Contractor of the Year and Tenant Improvement Contractor of the Year.
Other company winners were Cushman & Wakefield, Brokerage Firm of the Year; Phoenix Design One Inc., Interior Architect of the Year; and Lincoln Property Company, which repeated as Owner/Developer of the Year.
In the brokerage awards, CBRE captured three honors.
“As expected, our members and corporate sponsors rose to the occasion resulting in an event marked by camaraderie, high-energy, and world-class sophistication,” said 2021 NAIOP Arizona Chairman Danny Swancey, ViaWest Group.”
2020 Best of NAIOP Winners:
Award of Excellence: R. Craig Coppola, Lee & Associates Arizona
Architect of the Year: Butler Design Group
Brokerage Firm of the Year: Cushman & Wakefield
Firm of the Year: Willmeng
General Contractor of the Year: Willmeng
Interior Architect of the Year: Phoenix Design One, Inc.
Owner/Developer of the Year: Lincoln Property Company
Tenant Improvement Contractor of the Year: Willmeng
NAIOP Arizona’s Official Branding Sponsor: TRADEMARK
Developing Leader of the Year: Michael Strittmatter, CBRE
Emerging Broker of the Year: James Cohn, CBRE
Healthcare Broker of the Year: Perry Gabuzzi, Margaret Lloyd, Bill Cook and Mike McWilliams, Plaza Companies
Industrial Broker of the Year: Tony Lydon, Marc Hertzberg, Riley Gilbert and John Lydon, JLL
Investment Broker of the Year: Will Strong, Cushman & Wakefield
Office Broker of the Year: Kevin Calihan and Bryan Taute, CBRE
Retail Broker of the Year: Dave Cheatham and Darren Pitts, Velocity Retail Group, LLC
Rookie Broker of the Year: Matt Baniszewski, Colliers International
Tenant Representative Broker of the Year: Pat Williams, JLL
Economic Impact Project of the Year: Novus Innovation Corridor – Phase III
Industrial Build-to-Suit Project of the Year: Amazon Final Mile Facility (DPX7)
Industrial Tenant Improvement Project of the Year: Amazon GYR3 IXD
Medical Office Project of the Year: Wexford PBC1
Mixed-Use Project of the Year: The Collab
Office Build-to-Suit Project of the Year: Helios Education Foundation Campus and Vince Roig Convening Center
Office TI Project of the Year (Less Than 60,000 SF): Carvana HQ3
Office TI (More Than 60,000 SF): DoorDash
Redevelopment Project of the Year: ADOT Flagstaff offices
Retail Project of the Year: Volvo Arrowhead Dealership and Site Development
Spec Industrial Project of the Year (Less Than 365,000 SF): Gilbert Crossroads
Spec Industrial Project of the Year (More Than 365,000 SF): Chandler Airport Commerce Park
Spec Office Project of the Year: Union Building 1
Sustainable Project of the Year: 777 Tower at Novus Innovation Corridor
Transaction of the Year: Grand2
Talk of the Town: 777 Tower at Novus Innovation Corridor and Grand2/DoorDash (tied)
NAIOP, the Commercial Real Estate Association, is a 20,000+ member organization in North America that promotes responsible commercial real estate development and advocates for effective public policy. It is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP provides unparalleled industry networking and education, and advocates for effective legislation on behalf of our members.
by Peter Madrid | May 19, 2021 | News & Updates
PEORIA, ARIZ. (May 19, 2021) – Wakeman Integrity, LLC, a woman-owned commercial real estate brokerage firm, closed a pair of office complex sales totaling $3.53 million, representing the buyer in one deal and representing the seller in the second deal.
President/Designated Broker Melynn Wakeman represented the buyer, 6155 E. Indian School, LLC of Scottsdale, Arizona, in the $2.6 million acquisition of Arcadia Green, a garden office complex at 6155 E. Indian School Road, in Scottsdale.
Wakeman represented the seller, Sunny Internal Medicine and Pediatrics, PLLC of Avondale, Arizona, in the $925,000 disposition of Coronado Professional Plaza, a medical office condominium at 3400 N. Dysart Road, Suite B127, in Avondale.
“Given how robust the market is today, we were thrilled for the opportunity to acquire the much sought-after Arcadia Green property for our well-deserved client, in his first commercial transaction,” Wakeman said. “The medical office sale in Avondale was one of the only medical offices available in the market, resulting in multiple offers near the $300-per-square-foot price range, which allowed our clients, a husband-and-wife physician team, to take a portion of the funds to pay off their medical school loan debt. A true win, win for all.”
Arcadia Greens totals 10,800 SF with more than 200 feet of frontage on Indian School Road. It features low-water desert landscaping and solar panels that keep expenses down. The building was designed to take advantage of the spectacular views of Camelback Mountain from the second floor. Wakeman Integrity holds the lease listing for the building. The owner plans on occupying 1,000 SF in the asset.
Coronado Professional Plaza totals 3,127 SF of medical office space in the bustling West Valley. The medical office condo offers 10 exam rooms, a procedure room, two ADA restrooms, a lab, two separate waiting areas for both sick and well patients, and one private office. It is located within 5 miles of Abrazo West Valley Medical Campus Level 1 Trauma Center in Goodyear, Arizona.
In the Scottsdale deal, Adam Tolson with Lee & Associates Arizona represented the seller, BHG Commercial, LLC of Scottsdale. In the Avondale deal, Rich Andrus with Menlo Group Commercial Real Estate represented the buyer, SWGI Land Holdings, LLC of Avondale.
For more information visit www.integrityRealty4U.com.
Coronado Professional Plaza, a medical office condominium at 3400 N. Dysart Road, Suite B127, in Avondale.
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