by Peter Madrid | Jan 26, 2021 | News & Updates
PHOENIX, ARIZ. (Jan 26, 2021) – Heidi’s Village, a first of its kind animal shelter, in partnership with Arizona Animal Rescue Mission (AARM) is hosting a free community clinic to provide microchips and tags to 300 Valley pet owners on Saturday, Feb. 6 from 8 a.m. to 11 a.m.
Microchipping and tagging companion animals helps to ensure that they are returned should they get lost. Heidi’s Village and AARM are committed to helping owned dogs and cats remain with their families and avoid being one of the 130,000 animals lost or surrendered to local shelters each year in Maricopa County alone.
Heidi’s Village is a state-of-the-art shelter and rescue focused primarily on providing critical services to the existing animal welfare community in order to increase our collective impact.
This $22 million facility opened in April 2020 and can house over 250 dogs and 200 cats, provides both routine and critical medical intervention with a full-service veterinary clinic and has a neonate kitten nursery, among many other services on the 5-acre, 48,000 SF campus.
The clinic will be open to the first 300 privately owned animals in line on Feb. 6 at the Heidi’s Village Campus located at 600 N. 40th St., in Phoenix. The clinic will run from 8 a.m. to 11 a.m. and is only available to private owners. No rescue groups, please.
Appointments are not necessary as requests will be handled on a first-come, first-served basis. All participants will be required to wear a mask and all animals are required to be on a leash or in a carrier.
If you would like more information about this free clinic or Heidi’s Village, please contact Lisa Evans Johnson, Chief Development Officer, Heidi’s Village, 602-241-4625 or by email; lejohnson@heidisvillage.org.
by Peter Madrid | Jan 25, 2021 | News & Updates
NexMetro Communities will bring 263 luxury rental units to North Peoria
Scottsdale, Ariz. (January 25, 2021) – Land Advisors Organization’s Metropolitan Phoenix office is pleased to announce the sale of approximately 13 acres within the Mystic at Lake Pleasant Heights community located in Peoria, Arizona.
Arizona-based NexMetro Communities, a leading developer of luxury leased-home neighborhoods, purchased the site for nearly $3.25 million and plans to begin constructing phase one of the community, which will comprise 263 luxury multifamily units.
NexMetro is the third builder to land in this nearly 1,090-acre community being developed by a partnership between Avanti Properties Group and Voyager Investment Properties LLC, led by Principals Mark Voigt and Dave Rogers.
The property is located on El Mirage and Westland roads, east of the first phase of 423 lots in the Mystic at Lake Pleasant Heights Community where Lennar Homes and Taylor Morrison are scheduled to start new home sales this month.
The Mystic community is also located immediately north of the award-winning and highly-successful community of Vistancia. The ideal northwest Peoria location provides future residents with access to many desirable lifestyle amenities and outdoor activities at Lake Pleasant Regional Park and is just minutes from the Loop 303 for easy connectivity to the surrounding areas.
Greg Vogel, Mike Schwab, Bret Rinehart, Ryan Semro, and Ben Heglie, who specialize in home builder developments and master-planned communities throughout Arizona for Land Advisors Organization’s Metropolitan Phoenix office, represented the seller in the transaction. The firm continues to advise clients on this product type and is working on several similar projects in the area.
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, Tampa, and Jacksonville, Florida; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Atlanta, Georgia; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIN.
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by Peter Madrid | Jan 25, 2021 | News & Updates
PHOENIX, ARIZONA (Jan. 25, 2021) – The sale of a retail building in Mesa, Arizona, and long-term leases for a variety of property types throughout the Valley highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Joan Krueger negotiated the sale of a 2,200 SF retail building representing the seller, Garry J. Disch for $432,000. The property is located at 310 & 318 N. Power Road, Mesa, AZ. The buyers, Christopher and Susan Fitzgerald, were represented by Shane M. Cook with My Home Group.
Lease Transactions:
Jay Mininberg, J.D. and Broad Street Realty represented the tenant, Drs. Mininberg and Fechter, P.A. in a 132-month medical office lease for 4,729 SF at 10301 Georgia Ave., Silver Spring, MD. The landlord, Medical Park Associates, LLLP, was represented by Promark Partners.
Laurel Lewis represented the tenant, InBloom Autism Services in a 66-month office lease for 9,643 SF at 1347 N. Alma School Road, Chandler, AZ. The landlord, Jutland 4141 Investments Ltd., was represented by Jamie Swirtz with CBRE.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, BB Creamery, LLC in a 120-month retail lease for 1,668 SF at 7135 E. Camelback Road, Scottsdale, AZ. The landlord, Weingarten Nostat, Inc., was self-represented.
Jennifer Loehnert, Don Morrow and Dylan Whitwer represented the tenant, Horizon Thrift, LLC in a 72-month retail lease for 12,568 SF at 1837 W. Guadalupe Road, Mesa, AZ. The landlord, CP6PW, LLC, was represented by James DeCremer with Avison Young.
Jennifer Loehnert, Dylan Whitwer and Don Morrow represented the landlord, Washington 2738, LLC in a 60-month industrial lease for 8,621 SF at 2738 E. Washington St., Phoenix, AZ. The tenant, Apogee Mental Health Services, LLC was represented by Amanda Marshall with Homesmart.
Mark Wilcke represented the tenant, Komatsu in a 36-month industrial lease for 1,980 SF at 25015 S. McQueen Road, Chandler, AZ. The landlord, Emmett Roy and Evelyn Allene Coleman Trust, was represented by Eric Jones with Commercial Properties, Inc.
Isy Sonabend and Drew Eisen represented the landlord, Metropolitan Warehouse Delivery Corp. in a 32.5-month industrial sublease for 10,594 SF at 2145 S. 11th Ave., Phoenix, AZ. The tenant, Reliant Dry Ice, Ltd, was represented by Marc Pierce with Lee & Associates.
Dylan Whitwer and Don Morrow represented both the tenant, Jim Barton and the landlord, Arcadia Management Group, Inc. in a 60-month. office lease for 1,235 SF at 401 W. Baseline Road, Tempe, AZ.
Matt Harper, CCIM, represented the landlord, Emad & Sons, LLC in a 48-month retail lease for 1,000 SF at 6514 W. Bethany Home Road, Glendale, AZ. The tenant, Brown Insurance and Tax Services, was represented by KT Shelton with Homesmart.
Mike Myrick, CCIM, represented the tenant, Global Tool Supply, LLC in a 37-month industrial lease for 3,085 SF at 4012 W. Kitty Hawk, Chandler, AZ. The landlord, Shaldemar Properties, LLC was represented by Eric Ferber with Cutler Commercial.
Matt Harper, CCIM, represented the landlord, M&N Realty, LLC in a 66-month retail lease for 1,227 SF at 12020 S. Warner Elliot Loop, Phoenix, AZ. The tenant, Equestrian Brew, LLC was represented by Tom Wolf with West USA Realty.
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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific,
with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.
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 | Jan 21, 2021 | News & Updates
SCOTTSDALE, ARIZ. (Jan. 21, 2021) – Land Advisors Capital, a wholly-owned subsidiary of Land Advisors Organization, announces that Rory Hansen has joined its capital advisory services team as director for the Western U.S.
Hanen is leading the Western Regional Capital Advisory Services team as a liaison, facilitating relationships for the capital markets with builders and developers seeking to align on investment opportunities in the region’s surging real estate sector.
With Hansen, the Land Advisors Capital Services team advises on capital placement opportunities, asset management, origination, mergers and acquisitions as well as depositions that provide both capital and development partners with short and long-term capital growth strategies.
An experienced fund manager, Hansen has been facilitating investment relationships between capital markets and residential builders/developers for more than eight years. Throughout his career, Hansen has experience working in and will focus on the top homebuilding markets in the regions, which include Arizona, Nevada, Utah, Idaho, California, and the state of Washington.
Prior to joining Land Advisors Capital, he worked for a private equity real estate investment manager that managed capital on behalf of institutional and private investors, including two of the nation’s largest public pension funds, California State Teachers (CalSTRS) and California Public Employees (CalPERS) retirement funds.
In addition, his career in capital market investments has also involved his management of multifamily development originations as well as serving as an asset manager for a portfolio of land and housing development investments and as an investment analyst supporting asset management and origination efforts in the land and housing sector throughout the Western U.S.
“Rory’s capital market fund expertise combined with his knowledge and understanding of the fastest-growing residential markets in the Western United States create an excellent opportunity for Land Advisors Capital’s clients who are eager to take advantage of opportunities in today’s thriving western regional real estate market,” said Michael Zarola, managing director of Land Advisors Capital based in Austin, Texas.
“We’re glad to have him on the team to facilitate relationships between builders, developers and capital firms markets in the region. He brings an incredible combination of knowledge, experience and business development skills to both sides of the deal, and will offer a distinct advantage to our clients,” Zarola said.
Hansen earned his Bachelor of Science degree in finance from Western New England University.
About Land Advisors Capital
Land Advisors Capital has been providing access to capital market financing for homebuilders and residential land developers since the last downturn in 2008. The firm’s capital services combine data-driven market analytics with an in-depth financial analysis and risk assessment of builders and developers. The Capital team also prepares introductions to capital market financing opportunities with a comprehensive pitch deck, pro forma, sales and cost tracking, as well as deal negotiation and long-term relationship management services. For capital partners, the firm provides unique access to qualified niche builders and developers who offer diverse, risk-adjusted investment opportunities with an alignment of investment goals. For more information, visit: www.LandAdvisorsCapital.com
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.
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by Peter Madrid | Jan 19, 2021 | News & Updates
PHOENIX, ARIZONA (January 19, 2021) – NAI Horizon represented the seller in the $1.4 million investment sale of a medical office building in the growing West Valley.
NAI Horizon Senior Vice President Troy Giammarco and Agent Joe Pequeno represented Avondale Medical Campus, LLC of Glendale, Arizona, in the sale of 18001 N. 79th Ave., Building E, in Glendale.
Building E totals 6,800 SF. The asset is located in the heart of Glendale and Peoria’s Arrowhead neighborhood. It features tremendous traffic counts and strong demographics. It is minutes to Loop 101 off of Union Hills or Bell roads and adjacent to Arrowhead Mall.
“We worked diligently through the holidays with the buyer’s in-house broker,
Robert Buzan, to complete all the inspections in order to close before the end of the year,” Giammarco said. “We now have just the C building left for sale.”
Medical office investment sales volume increased 250 percent during 3Q 2020. Medical office median price PSF finished the quarter at $233, a 9.4% increase year-over-year.
The buyer was NYYX 2 LLC of Chandler, Arizona.
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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.
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 | Jan 12, 2021 | News & Updates
PHOENIX, ARIZONA (Jan. 12, 2021) – A trio of land sales in Phoenix, Gilbert and Tucson totaling 20 acres and $8.4 million highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Lane Neville and Logan Crum negotiated the sale of 8.605 acres of land representing the seller, Gilbert Growth Properties for $7.496 million. The property is located at 1801 N. Pecos Road, Gilbert, AZ. The buyer, Crescent Acquisitions, LLC was self-represented.
Denise Nunez and Victoria Filice negotiated the purchase of a self-storage building, representing the buyer, Vault at Old Vail Road, LLC for $3.2 million. The property is located at 7475 E. Old Vail Road, Tucson, AZ. The seller, America’s Best Self Storage, LLC was self-represented.
Troy Giammarco and Joe Pequeno negotiated the sale of a 5,458 SF office building representing the seller, 8700 Kelton Campus, LLC for $791,410. The property is located at 8765 W. Kelton Lane, Bldg. C-2, Peoria, AZ 85382. The buyer, Pisa Properties Sixteenth, was represented by Sean Gillespie with Nathan & Associates.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon negotiated the sale of a 3,407 SF office condo representing the seller, EPH 20, LLC for $775,000. The property is located at 10733 N. Frank Lloyd Wight Blvd., Scottsdale, AZ.
Denise Nunez and Victoria Filice negotiated the purchase of 10.8 acres of land representing the buyer, Vault at Houghton Road, LLC for $690,000. The property is located at SEC Golf Links Road & Houghton Road, Tucson, AZ. The seller, Tucson Electric Power Company, was represented by Brandon Rogers & Molly Mary Gilbert with PICOR Commercial.
Matt Harper, CCIM, negotiated the purchase of a 2,440 SF retail building representing the buyer, IEMAD, LLC for $670,560. The property is located at 612 W. Frontier St., Eloy, AZ. The seller, Weed Investments, Inc., was represented by Brian Bang with Bang Realty.
Christopher Lewis negotiated the purchase of a 6,316 SF office building representing the buyer, Magnum Financial II, LLC for $515,000. The property is located at 640 E. Purdue Ave., Phoenix, AZ. The seller, HS Holdings, LLC was represented by Matt McDougall with Lee & Associates.
Christopher Lewis negotiated the sale of a 7,000 SF industrial building representing the seller, Jose Garay for $450,000. The property is located at 733 W. Buchanan St., Phoenix, AZ. The buyer, Raymundo & Alma Olvera, was represented by Raymundo Olvera with Open Realty.
Laurel Lewis and Dylan Whitwer negotiated the sale of a 4,572 SF office condo representing both the seller, Troon, LLC and the buyer, William R. Gillespie for $274,320. The property is located at 10031 E. Dynamite Blvd., Scottsdale, AZ.
Christopher Lewis negotiated the sale of 1 acre of land representing the seller, Michael Schutz Trust for $265,000. The property is located at 1701-1713 E. Madison St., Phoenix, AZ. The buyer, Picacho Peak Construction, was represented by Kristin Dong with ES Realty.
Lease Transactions:
Isy Sonabend and Drew Eisen represented the landlord, IOV 2600 McDowell, LLC in a 124-month industrial lease for 47,987 SF at 2600 W. McDowell, Phoenix, AZ. The tenant, Bragg Crane was represented by Chris McClurg with Lee & Associates.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, AERI Paradise Hills, LLC in a 120-month retail lease for 13,563 SF at 10654 N. 32nd St., Phoenix, AZ. The tenant, UJ Santee, LP was represented by Jennifer Hill with Diversified Partners.
Jay Olson and Rick Foss represented the tenant, Carter Architectural Panels, Inc. in a 63-month industrial lease for 15,026 SF at 7925 E. Ray Road, Mesa, AZ. The landlord, DM Landing 303 Sub, LLC was represented by Alex Wentis with CBRE Industrial Properties.
Chris Gerow, Shelby Tworek, Gabe Ortega, and Patrick Anthon represented the landlord, Raintree Retail Partners, LLC in a 120-month retail lease for 2,400 SF at 14884 N. Pima Road, Scottsdale, AZ. The tenant, L & A Nails, LLC was represented by Lucky Espiritu with DeLex Realty.
Jeff Adams represented the tenant, PPE Engineering, LLC in a 63-month industrial lease for 10,202 SF at 1130 W. Alameda Drive, Tempe, AZ. The landlord, Icon Owner Pool 1 West/Southwest, LLC was represented by Evan Koplan, Jackie Orcutt, Serena Wedlich and Jonathan Teeter with CBRE Commercial.
Matt Harper, CCIM, represented the tenant, Stepping Stone Adult Development Center, LLC in a 66-month retail lease for 11,791 SF at 12228 N. Cave Creek Road, Phoenix, AZ. The landlord, Hampton Plaza, LLC was represented by Kyle Davis with CPI.
Troy Giammarco and Joe Pequeno represented both the landlord, SUBLL-Dent Wizard Holdings and the tenant, Med Ride, LLC in a 50-month industrial sublease for 7,200 SF located at 9550 N. 90th St., Scottsdale, AZ.
Lori Kahn, MBA represented the tenant, Flavors of India in a 63-month retail lease for 1,592 SF at 857 E. Warner Road, Gilbert, AZ. The landlord, Kenyon S. Hong & Ruth Gee Hong Family Limited Partnership was represented by TJ Zaharis with Cobe Real Estate.
Joe Pequeno and Troy Giammarco represented the tenant, Diamond S. Enterprises, Inc. in a 64-month office lease for 2,252 SF at 325 N. Alma School Road, Chandler, AZ. The landlord, 325-335 N. Alma School Road, LLC was represented by Matt Kostrivas with ZDI.
Matt Harper, CCIM, represented the landlord, Emad & Sons, LLC in a 63-month retail lease for 1,074 SF at 6514 W. Bethany Home Road, Glendale, AZ. The tenant, Infinity Staffing, Inc. was represented by David Aronson with EXP Realty Commercial.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Bailey Red Rock Plaza, LLC in a 60-month retail lease for 1,730 SF at 16425 E. Palisades Blvd., Fountain Hills, AZ. The tenant, Spielbusch Nutrition, LLC was represented by Shawn Vyas with EXP Realty, LLC.
Jennifer Loehnert represented the tenant, Thomas Sweet in a 75-month retail lease for 1,200 SF at 1916 W. Baseline Road, Mesa, AZ. The landlord, Davis Enterprises was represented by Steve Fisher with Fisher Commercial Real Estate.
Matt Harper, CCIM, represented the landlord, JEMAD, LLC in a 24-month retail lease for 2,400 SF at 4023 N. 47th Ave., Phoenix, AZ. The tenant, Plug in Tires, LLC was self-represented.
Thomas Bean, CCIM, and Laurel Lewis represented the landlord, State Bar of Arizona in a 24-month office lease for 2,077 SF at 4201 N. 24th St., Phoenix, AZ. The tenant, Norton & Brozina, P.C. was represented by Ross Peterson with Colliers.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, The Pendola Family Trust Partnership in a 36-month retail lease for 1,200 SF at 41620 W. Maricopa – Casa Grande Highway, Maricopa, Arizona. The tenant, Pearle Robertson was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, CPC Services, Inc. in a 37-month office lease for 980 SF at 13760 N. 93rd Ave., Peoria, AZ. The landlord, TBPC Management, LLC was represented by Bill Cook with Plaza del Rio Management Corporation.
Thomas Bean, CCIM and Laurel Lewis represented the landlord, State Bar of Arizona in a 25-month office lease for 1,073 SF at 4201 N. 24th St., Phoenix, AZ. The tenant, Rise48 Equity, LLC was represented by Zach Haptonstall with Phoenix Prestige Real Estate.
Matt Harper, CCIM, represented the landlord, CEMAD, LLC in a 26-month retail lease for 1,040 SF at 4201 W. Bethany Home Road, Phoenix, AZ. The tenant, Daystar Communications was self-represented.
Matt Harper, CCIM, represented the tenant, Kade Mechanical, LLC in a 25.5-month industrial lease for 2,043 SF at 4202 E. Elwood, Phoenix, AZ. The landlord, Elwood Trust Partners, LLC was represented by Scott Wiley with Citywide Commercial.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, BKM Black Canyon 103, LLC in a 36-month retail lease for 1,081 SF at 8024 N. 24th Ave., Phoenix, AZ. The tenant, MA Market, LLC was self-represented.
Matt Harper, CCIM, represented both the landlord, Tempe Plaza, LLC and the tenant, Own the Night, LLC in a 13-month retail lease for 1,223 SF at 4325 S. 48th St., Tempe, AZ.
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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific,
with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.
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 | Jan 12, 2021 | News & Updates
TEMPE, ARIZ. (Jan. 12, 2021) – Despite a year unlike any other that affected industries across every business sector in the U.S., engineering consultant Terracon weathered 2020 and enters the new year with a full head of momentum.
In Phoenix, Terracon will be part of the FNF-Pulice-Flatiron team on the I-10 and Broadway curve improvement/design-build project. Terracon will provide geotechnical engineering services for the ADOT project and will work on the design team with TY Lin International.
Terracon will also begin construction materials engineering services for multifamily project NOVEL Val Vista in and Gilbert and will begin construction services for the new Banner Rehabilitation Hospital at Gateway. In Tucson, Terracon will begin construction services for a new fueling facility at Tucson International Airport.
“It (2020) was a hard year, and not one I would want to repeat,” said Terracon Regional Manager Brent M. Borchers, P.E. “Our employee-owner team responded well to the challenges and remained focused and for the most part healthy throughout the year. Their efforts resulted in a very impressive year despite the circumstances.”
Terracon expanded its footprint in the West and Southwest in September when it acquired Environmental Planning Group (EPG). The addition of EPG enhanced Terracon’s environmental services offerings in the Rocky Mountain Division and Western U.S. The firm will continue to serve clients locally as Environmental Planning Group, A Terracon Company. EPG is an environmental planning and design firm serving a broad range of public- and private-sector clients throughout the Western U.S.
The acquisition of EPG helped Terracon grow its Arizona presence to 123 employees: 75, Terracon Tempe office; 27, EPG Phoenix office; and 21, Terracon Tucson office.
“It was a crazy year and just doing business was quite challenging,” said Chuck Reynolds, Senior Principal and Senior Client Development Manager for Terracon’s Rocky Mountain Division. “We were fortunate to continue our growth as a result of a very dedicated team in Arizona. I think that commitment to service our clients and community will help us to sustain growth into 2021.”
The pandemic did not deter Terracon from its philanthropic endeavors. The Terracon Tempe office had to postpone its annual golf tournament. However, it still donated $5,000 to Kids for Hope; $2,500 from clients plus Terracon match.
The Tucson office continued its grant program with the University of Arizona’s Mel and Enid Zuckerman College of Public Health. It donated $6,000 to support scholarships. The Tucson office presented a Southern Arizona Research, Science and Engineering Foundation grant to student Briana Li-Vidal. Li-Vidal won 2020 Emerging Leader Excellence Award from Terracon and was nominated for the Cystic Fibrosis Foundation’s “Arizona’s Finest” campaign which recognizes outstanding young professionals in the community.
“2020 was a challenging year, but our team of employee-owners responded well. This is not only in regards to their adoption of new health and safety protocols required for COVID, but also in their commitment to continuing to serve our clients with excellence and integrity,” said Terracon Tucson Office Manager Derek Koller, CIH, CHMM.
“Terracon as a whole did an excellent job in taking care of employee-owners and keeping them informed about COVID,” Koller said. “Our field technicians and front-line workers received additional bonuses and I just could not be prouder of how our firm’s leadership and my team has navigated this difficult time. The result was a great year for the Tucson office and the Arizona region. We look forward to sustaining growth in 2021 and meeting any new challenges we might face.”
Terracon’s notable projects in 2020:
- ADEQ: Arizona Department of Environmental Quality Consulting Services (Phoenix and Tucson offices). Services: Site investigation- site characterization, groundwater modeling, risk assessment, UST removal oversight and site closure.
- I-10 Fairway Drive TI (Phoenix office). Services: Geotechnical and pavement design, followed by post-design services during construction.
- East Line Solar Project (Phoenix office). Services: Subconsultant for obtaining concrete and soil samples for lab testing, field density testing, and foundation observations.
- High Prairie Wind Bridge Temporary Shoring Design (Phoenix office). Services: GeoDesign for retaining structures, geotechnical site characterization field exploration and geotechnical reporting.
- Grant Road Improvements Phase 5 & 6 (Tucson office). Services: Geotechnical engineering analysis/consulting and design.
- Tucson Electric Power (TEP) Cottonwood 138kV Substation. Services: Industrial hygiene lead-containing building materials.
Terracon is an employee-owned consulting engineering firm with more than 5,000 employees providing environmental, facilities, geotechnical, and materials services from more than 150 offices with services available in all 50 states.
Terracon ranks 22nd on the Engineering News-Record list of Top 500 Design Firms and is ranked No. 1 in Asbestos and Lead Abatement Design.
To learn more about Terracon visit terracon.com/offices/phoenix/
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by Peter Madrid | Jan 5, 2021 | News & Updates
PHOENIX, ARIZ. (January 6, 2021) – Coreslab Structures Inc. bolstered its leadership team with the promotion of two industry experts. Rick Reichenberg was promoted to General Manager and Phil Richardson, SE, was promoted to Sales Manager.
Reichenberg, who has been with Coreslab for 28 years, was promoted from Vice President/Sales and Marketing. Richardson, who has been with Coreslab for 19 years, was promoted from Assistant Sales Manager.
Reichenberg’s new duties will include managing staff, formulating policies, coordinating business operations, managing operational costs, ensuring good customer service and engaging with vendors.
“This promotion enables me to work on improving efficiency and increase profits as well as handling the overall operations of the Phoenix office,” said Reichenberg, who will replace current GM Ron Harman, who is retiring in March. Reichenberg will report to the President, Mario Franciosa.
A native of San Diego, California, and raised in Billings, Montana, Reichenberg has called Arizona home the past 28 years. He attended Montana State University. He is a member of the Arizona Builders Alliance (ABA) and Precast/Prestressed Concrete Institute.
Phil Richardson, SE
Richardson will be responsible for the building and managing of all sales and business development operations, including market competitiveness analysis, pricing and sales opportunities.
“We are thrilled by Phil’s promotion and his ability to drive growth and profitability by providing executive leadership for in-bound and out-bound marketing activities across multiple channels,” Reichenberg said. “We are confident he will keep Coreslab at the forefront of precast concrete building solutions.”
A native of Utah, Richardson has lived in the Valley since 2002. He received his bachelor of science degree in civil engineering from the University of Utah. He holds an SE (Structural Engineer) License in Utah and Arizona.
Richardson is a member of the ABA, Precast/Prestressed Concrete Institute, American Institute of Architects (AIA) and Structural Engineers Association of Arizona. He has served as Chairman of the Flagg Mineral Foundation.
About Coreslab Structures
Since 1975, Coreslab Structures Inc., has been a premier producer of precast/prestressed concrete products. Over the last four decades, it has emerged as a major supplier of structural, architectural and hollow core solutions to markets in Canada and the United States. With 17 precast/prestressed concrete facilities across North America, Coreslab is a leader in construction innovation, structural design and sustainable practices, dedicated to providing top quality products and services. Its commitment to excellence, leading technical expertise and collaborative culture allows it to deliver award-winning, innovative solutions that meet the schedule and cost requirements of its valued customers. To learn more visit www.coreslab.com.
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by Peter Madrid | Jan 4, 2021 | News & Updates
PHOENIX, ARIZONA (January 4, 2021) – The Greater Phoenix Chapter of the Institute of Real Estate Management (IREM), an international community of real estate managers dedicated to ethical business practices, has announced its leadership and council members for 2021.
Rosalinda Bridges, CPM, with NLR Management/Haan Development, will serve as President. The leadership team includes Tyrel Williams, CPM, MEB Commercial Management Group, President-Elect; Ed Valerio, CPM, Knight Management, AMO, Treasurer; and Melissa Boyle, CPM, bkm Management Company, Past President.
The 2021 council comprises Ann Boomsma, CPM, MEB Management Services, AMO; Tom Coughlin, CPM, Everest Commercial Services; Kristin Gibbons, CPM, Lillibridge Healthcare Services; Lauren Lacasse, CPM, Lincoln Property Company; Debbie Mitten, CPM, ViaWest Group; Donna Olcavage, CPM, NaPali Management Inc.; Brent Penrod, CPM, Eisenberg Company; Carrie Temple, CPM, ViaWest Group; Eduardo Ugalde, CPM, ARM, MEB Management Services, AMO; and Kelsie Whipple, CPM, ACoM, Lillibridge Healthcare Services.
“2020 has been a challenge for all of us, nationwide, across all industries,” Bridges said. “Being recognized as IREM’s Greater Phoenix Chapter President has been one of the biggest blessings of this year, and I am humbled and excited for the opportunity to serve again.
“Although there is so much uncertainty ahead, I feel confident that I am surrounded by an incredible executive team who are the best in the business and will only help us reach our goals for our members in 2021,” Bridges added.
IREM is an international force of nearly 20,000 individuals united to advance the profession of real estate management. Through training, professional development, and collaboration, IREM supports its members and others in the industry through every stage of their career.
IREM memberships empower college students, young professionals and industry veterans who are committed to career advancement. IREM CPM, ARM, ACoM, and AMO certifications demonstrate a commitment to good management. These certifications, along with its courses and an array of resources, all exist with one goal in mind – to make a difference in the careers of those who manage.
“This team (IREM Board) is made up of industry professionals who have and continue to make a difference,” Bridges said. “Their expertise is widespread, having impactful presence on their properties while also understanding the importance of forward-thinking to advance our industry during these unprecedented times.”
For more information about the IREM Greater Phoenix Chapter, visit iremphx.org/.
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by Peter Madrid | Dec 28, 2020 | News & Updates
PHOENIX, ARIZONA (Dec. 28, 2020) – Arizona Multihousing Association, the statewide trade group for the apartment industry, announces the election of its 2021 board members.
Assuming the chair is Reid Butler, Owner, Butler Housing Company. Joining Butler on the leadership group are Scott Hines, vice chair, PEM Real Estate Group; Linda Coburn, treasurer, NexMetro Development; Kim Pacheco, immediate past president, Scotia Group Management; and Sue Campbell, AMC executive, Redi Carpet.
“I have set some ambitious goals for 2021, and with the support of our members and leadership, I have no doubt we will achieve them,” Butler said. “My goals are both aspirational and inspirational. AMA provides leadership for Arizona business and government. In that regard, AMA will continue to be the ‘go-to’ voice for Arizona housing issues.
“AMA has been among the top industry organizations in Arizona and will continue to be,” Butler said. “With more than 100,000 new residents moving into the state each year, our industry will continue to be an economic engine. That translates to more than one million new Arizonans this decade, and about 10,000 new apartments each year to meet the demand.”
Board members for 2021: Elizabeth Beaulieu, Quarterpenny Management; Krisanne Beckstead, Picerne Real Estate Group; Lesley Brice, MC Residential; Dahnn Brown, Camden Property Trust; Luz Bruscini, MEB Management Services; John Carlson, Mark-Taylor Residential; Crystal DeHoag, Bella Investment Group; Anna DiSabato, Dunlap & Magee; Kohl Eisenhour, Avenue 5 Residential; Natalie Evans, CoStar/Apartments.com; Kimberly Fitch, Nicolosi & Fitch, Inc.; Adam Greco, Burns Pest Elimination.
Kristin Heiple, Baron Property Services; Robert Hicks, Greystar Real Estate Partners; Stacey Hogue, Greystar Real Estate Partners; Michelle Howland, Blue Steel Security; David Kotin, Kay-Kay Realty; Sharon Kuhlman, Shelton Residential/Asset; Dustin Lacey, Mark-Taylor; Pam McCarthy, Fairfield Residential; Omar Mireles, HSL Asset Management; April Morris, Cox Communications; Gloria Munoz, Maricopa County Housing; Lisa Osborn-Warne, Priderock Capital Partners; John Rials, Western Wealth Capital; Lisa Rosenfeld, HSL Asset Management; Mark Schilling, MEB Management Services.
Stacey Searl, Weidner; Crystal Sevilla, Weidner; Christine Shipley, Dunlap & Magee; Michelle Sinclair, Evergreen Devco, Inc.; Justin Steltenpohl, P.B. Bell Companies; Greg Stobart, MG Properties; Dallin Tippets, Rainforest Plumbing & Air; Kris Tomlinson, Pinnacle/Cushman & Wakefield; David Vanek, Greystar Real Estate Partners; Luis Verger, Shelton Residential/Asset; Christopher Walker, Law Offices of Scott Clark; Wendy Weiske, Gorman & Company; Debbie Willis, P.B. Bell; Nicole Wray, Greystar Real Estate Partners; Rhonda Wooder, Stratton Restoration; Chris Worrell, GPM Landscape; and Mark Zinman, Zona Law Group.
AMA is the statewide trade association for the apartment industry, representing more 300,000 rental housing units and 2,300 members in legislative, legal and regulatory matters. The AMA provides services, products, educational programs and networking opportunities to promote ethical, quality rental housing throughout Arizona. For more information, visit azmultihousing.org.
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