by Peter Madrid | Apr 6, 2020 | News & Updates
PHOENIX, ARIZONA (April 6, 2020) – NAI Horizon represented buyer in the $7 million acquisition of the Corbins Electric corporate headquarters building, a 52,744 SF industrial property located at 4829 S. 38th St., in Phoenix.
NAI Horizon Senior Vice President Lane Neville and Associate Logan Crum represented the buyer.
The property is a single-tenant industrial property occupied by Corbins Electric and serves as its corporate headquarters. Corbins Electric has been in business since 1975 as a top electrical contracting services company.
Corbins Electric is an innovative electrical company and an industry leader with state-of-the-art technologies. It provides virtual construction services, fabrication services, electrical construction, and electrical service/job ordering contracting.
“The Corbins Electric building is a great investment asset with a strong tenant in an excellent industrial location,” Neville said. “The property is conveniently located west of 40th Street, south of Wier Avenue, just minutes from both Interstate 10 and AZ-143 freeways.”
Clint Hardison and Blake Hardison with Keyser Commercial Real Estate Advisory represented the seller.
by Peter Madrid | Apr 2, 2020 | News & Updates
PHOENIX, ARIZONA (April 2, 2020) – NAI Horizon Senior Vice President John Filli represented the seller in negotiating the $1.035 million investment-related sale of an office-retail complex in Gilbert, Arizona.
The property was listed with Global Financial & Trading LLC, of Scottsdale, an Arizona limited liability company from May 27, 2015, through March 6, 2020 (close of escrow).
The asset at 746 and 788 W. Guadalupe Road comprises two, identical 5,154 SF buildings totaling 10,308 SF. The gray shell complex, which was built in 2006, was never occupied and foreclosed upon by the lender in 2014.
It is surrounded by great demographics and sits on approximately .9056 acres at the NEC of Cooper and Guadalupe in Gilbert. It features nine covered and 21 surface parking spots.
“Even though it took much longer than normal to sell the property – 5 years to be exact – I enjoyed dealing with and resolving the many challenges that this particular listing assignment had to offer,” Filli said. “Some of the challenges included taking several years to achieve a seller-approved and justifiable asking sale price and weathering nine months of accessibility issues resulting from the modifications and improvements to the intersection of Cooper and Guadalupe roads.
“As I look back on this experience, I am reminded of the following words appearing on a billboard sign in northern Arizona: ‘Spur no faster than you can ride,’ ” Filli said.
The buyer, WNDG LLC, of Scottsdale, an Arizona limited liability company, was represented by Julie Harris and Jennifer Hill of Diversified Partners LLC.
by Peter Madrid | Mar 31, 2020 | News & Updates
PHOENIX, ARIZ. (March 31, 2020): The sale of two parcels of land and the sale of three industrial buildings in the Valley highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Lane Neville and Logan Crum negotiated a sale of 2.8 acres of land representing both the seller, Sunset Financial Planning Group, LP & JMLRJL, LLC and the buyer, Storage Holding Southern, LLC for $780,000. The property is located at 19th Avenue and Southern.
Jeff Adams negotiated a sale of a 3,380 SF industrial building representing the buyer, A & B Property Holdings, LLC for $500,000. The property is located at 4334 E. Winslow Ave., Phoenix, AZ. The seller, Donnita Trevett, was represented by Juan Pesqueira with Attorneys Realty.
Rick Foss and Jay Olson negotiated a sale of a 4,200 SF industrial building representing both the seller, Amelio C. Enterprises and the buyer, Olson Living Trust, for $377,700. The property is located at 3002 N. 24th St., Phoenix, AZ.
Christopher Lewis negotiated a sale of ±0.62 acres representing the seller, Walker Southwest Properties, LLC for $340,000. The property is located at 204 S. 24th St., Phoenix, AZ. The buyer, Rochelle Glassman, was represented by Michael Karbassi with Delex Realty.
Rick Foss and Jay Olson negotiated a sale of a 2,500 SF industrial building representing the seller, Amelio C. Enterprises for $237,500. The property is located at 3010 N. 24th Str., Phoenix, AZ. The buyer, Aaron Bass, was represented by Eddie Gonzales with SVN Desert Commercial Advisors.
Lease Transactions:
Isy Sonabend and Drew Eisen represented the tenant, Enclos Corporation, in a 37-month industrial lease for 88,607 SF at 1100 N. 127th Ave., Avondale, AZ. The landlord, J&J Coldwater, LLC, was represented by James Cohn with CBRE.
Isy Sonabend and Drew Eisen represented the tenant, Elliot Electric, in an 87-month industrial lease for 11,730 SF at 425 E. Germann Road, Gilbert, AZ. The landlord, EastGroup Properties was represented by Paul Sieczkowki with Colliers.
Isy Sonabend represented the tenant, MasTec Network Solutions, in a 62-month industrial lease for 20,582 SF at 330 E. Germann Road, Gilbert, AZ. The landlord, Park Lucero1, LP, was represented by Pat Harlan with JLL.
Kevin Higgins, Lane Neville and Logan Crum represented the landlord, Crismon Superstition Development, in a 60-month lease for 2,628 SF at 10153 E. Hampton Ave., Suite 106, Mesa, AZ. The tenant, Iglesia de Jesurito de Nazaret, was represented by Jeff Dorsten with JK Realty.
Troy Giammarco and Joe Pequeno represented the tenant, Dent Wizard International, in a 60-month industrial lease for 7,200 SF at 9550 N. 90th St., Scottsdale, AZ. The landlord, Ranch Auto Center LLC, was represented by Matt Frerick with Lee & Associates.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Revolve Services, LLC, in a 120-month retail lease for 2,877 SF at 1932 W. Main St., Mesa, AZ. The landlord, Tri City Retail, LLC, was represented by Krisi Buechler with BKR Lamar Retail Services, LLC.
Lori Kahn and Joan Krueger represented the tenant, Fas Psych in a 48-month office lease for 5,020 SF at 8687 E. Via De Ventura, Scottsdale, AZ. The landlord, Ventura Management, LLC, was represented by SVN/Desert Commercial.
Isy Sonabend and Drew Eisen represented the tenant, US Med Equip in a 62-month industrial lease for 3,670 SF at 2465 W. 12th St., Tempe, AZ. The landlord, BKM Hohokam 250, was represented by Golden St. John with Colliers.
Matt Harper, CCIM, represented the landlord, Chahoud Family Trust, in a 60-month retail lease for 1,353 SF at 2829 E. University Dr., Mesa, AZ. The tenant, George M. Chahoud, represented himself.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Law Offices of David Freydin, in a 60-month retail lease for 685 SF at 1838 W. Bell Road, Phoenix, AZ. The landlord, GM 19 Bell, LLC, was represented by Kalen Rickard with Western Retail Advisors.
Matt Harper, CCIM, represented the tenant, Stepping Stone Adult Development Center, LLC in a 38.5-month retail lease at 12228 N. Cave Creek Road, Phoenix, AZ. The landlord, Hampton Plaza, LLC, was represented by Kyle Davis with CPI.
Matt Harper, CCIM, represented the landlord, M&N Realty, in a 36-month retail lease for 1,233 SF at 12020 S. Warner Elliot Loop, Phoenix, AZ. The tenant, Notable Enterprises, LLC, represented itself.
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, Law Office of Daniel Hutto, PLLC, represented itself.
by Peter Madrid | Mar 23, 2020 | News & Updates
Rendering of Derby Roosevelt Row.
PHOENIX, AZ. (March 23, 2020) – General contractor Hensel Phelps in February broke ground on Derby Roosevelt Row, Metro Phoenix’s first “small unit” apartment development.
Located in the highly sought-after Roosevelt Row Arts District, Derby Roosevelt Row 800 E. 2nd St., will be a 21-story high-rise featuring 222 residential units over six stories of above-ground parking.
Over half of Derby Roosevelt Row’s units will be studios, averaging 350 SF. All 222 units will come fully furnished. Amenities will include a pool deck on the seventh level, a roof-top deck on the 21st level, and retail space on the ground level. Construction completion is scheduled for 1Q 2022.
“These small unit apartments are the first of their kind in Phoenix and are an exciting addition to the vibrant Roosevelt Row neighborhood,” said Hensel Phelps Project Manager John Doherty. “We have enjoyed building a strong and trusting relationship with the owner, developer, and design team and are excited to begin construction.”
The owner is Denver-based real estate private equity firm Ascentris, the development manager is Transwestern Development Company. The architect of record is Wilder Belshaw Architects.
Notable subcontractors include University Mechanical & Engineering Contractors (UMEC) and Specified Electrical Contractors, Inc. (SECON). Hensel Phelps will be self-performing the cast-in-place structural concrete.
About Hensel Phelps
Since its inception in 1937, Hensel Phelps has developed a reputation of conducting business in an ethically, socially, economically, and environmentally responsible manner. It is committed to having a positive impact on the communities in which its people work, live and on those with which it interacts on a daily basis. Hensel Phelps is also dedicated to diversity and inclusion of these communities into the workforce. Hensel Phelps will ensure the health and safety of its employees, stakeholders and those served by the projects that it undertakes. Hensel Phelps believes that it has a corporate responsibility to minimize its carbon footprint and impact on the environment. Since 1990, the company has maintained a recycling program at all locations and provides waste material sorting areas on projects.
Many of the workspaces where its employees conduct business are Platinum, Gold and Silver Certified by USGBC and provided environments where colleagues and partners can realize the benefits of Green technology in the workplace. Hensel Phelps has more than 300 LEED APs and LEED Green Associates.
In 2006, Hensel Phelps introduced hybrid passenger vehicles to the company fleet. Hensel Phelps has provided charging stations at various company offices and locations. From 2006 to 2015 the Company fleet has risen from 5% to 56% hybrid passenger vehicles, and continue to increase.
One of the safest contractors in the nation, Hensel Phelps takes pride in both its safety program and the award-winning results. Its Experience Modification Rate (EMR), the construction industries’ safety measurement benchmark, has shown consistent year over year improvement, and is half of the industry average for a self-performing general contractor. For more information visit henselphelps.com.
About Ascentris
Ascentris is a real estate private equity firm based in Denver, Colorado. With $1.3 billion in assents under management, Ascentris manages a series of fully discretionary institutional vehicles targeting both core and value-add investments across the major property types and geographic regions within the U.S. Since 2003, the Ascentris management team has relied on an investment philosophy and organizational structure that results in its investors getting to opportunities ahead of the market while receiving an unmatched level of service, transparency and accountability. Ascentris is a privately held and management-owned SEC registered investment adviser that maintains an unwavering commitment to put its investors’ needs first. For more information visit ascentris.com.
by Peter Madrid | Mar 18, 2020 | News & Updates
PHOENIX, ARIZONA (March 18, 2020): NAI Horizon Senior Vice President Isy Sonabend and agent Drew Eisen represented the tenant in a $1.28 million lease for the manufacturer of high-rise glass curtain walls at 1100 N. 127th Ave., in Avondale.
NAI Horizon represented Enclos Corporation of Chino, Calif., in the lease totaling 88,607 SF. Enclos is a specialty glazing and exterior facade contractor. It provides design, engineering, fabrication and assembly services for custom curtain wall systems and structural glass facades for some of the world’s most iconic skyscrapers.
“Enclos has been fabricating curtain walls in Phoenix for several years and then shipping the finished units to construction site in the Western U.S.,” Sonabend said. “The addition of warehousing allows Enclos to expand its operations in Phoenix.”
The unit is within Coldwater Depot, which totals more than 1MSF. The dock-high warehouse sits on a 56-acre industrial site. It features truck court depth of 195 feet and a clear height of 36 feet.
The landlord, J&J Coldwater, LLC of Issaquah, Wash., was represented by James Cohn of CBRE.
by Peter Madrid | Mar 16, 2020 | News & Updates
PHOENIX, ARIZONA (March 16, 2020) – NAI Horizon’s continued focus on growth, a collaborative approach and advancement of technology and resources to best serve its clients translated into almost $400 million in total transactions in 2019.
For the second straight year, the office’s top producer was one of NAI Horizon’s female professionals – Senior Vice President and office broker Laurel Lewis. Topping the list in 2018 was Senior Vice President Denise Nunez, one of the country’s top self-storage sales experts.
“Our top 10 group is a great representation of our market coverage and diversity,” NAI Horizon CEO/Designated Broker Terry Martin-Denning said. “I am fortunate to work with such an amazing group of professionals.”
In 2019 four new agents joined the Phoenix office: Mike Myrick, office/industrial; Chris Lewis, land/industrial; Jennifer Loehnert, office/industrial/retail; and Joe Pequeno, office.
These new hires and their experience add value to NAI Horizon’s team of industry experts. The strategic addition of new agents allows the company to expand its market share with new clients and to better serve current clients
NAI Horizon’s broker ownership platform allows agents to benefit from both personal achievement and the success of the company while encouraging a collaborative culture. This platform prioritizes broker needs while offering global reach and resources.
The list of 2019 Top Producers reflects the success of the broker ownership platform and the overall positive trends in the Phoenix commercial real estate market with a range of specialties represented: investment sales, industrial, office, self-storage properties and retail.
NAI Horizon’s 2019 Top Producers:
1. Laurel Lewis, Office;
2. Lane Neville, Investment Sales (office and retail);
3. Shelby Tworek, Retail;
4. Chris Gerow, Retail;
5. Isy Sonabend, Industrial;
6. Matt Harper, CCIM, Retail;
7. Denise Nunez, Investment Sales (self-storage);
8. Troy Giammarco, Office;
9. Gabe Ortega, Retail;
10. Mike Gaida, Business/Industrial/Retail.
NAI Horizon 2019 highlights:
• NAI Horizon’s retail team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega and Associate Patrick Anthon negotiated the most transactions by a team, 38.
• Matt Harper, CCIM, closed the most transactions by an individual, 61. Harper is in his second year as secretary/treasurer for the CCIM Central Arizona chapter.
• Russ Warner, Andrew Warner and Victoria Filice brokered the largest sale, $16.4 million for a mobile home park in California.
• Mike Kumelski recorded the largest lease, $5.98 million for a retail building in Utah.
• Dylan Whitwer, an Associate with the office team, was 2019 Chair for the Valley Partnership Community Project (New Pathways For Youth).
• Terry Martin-Denning, CEO & Designated Broker, was named Secretary of the NAI Global 2020 Leadership Board. NAI Global is a leading global commercial real estate brokerage firm.
by Peter Madrid | Mar 11, 2020 | News & Updates
PHOENIX, ARIZ. (March 11, 2020) — The sale of a self-storage portfolio in Kansas and the sale of self-storage property in Avondale, a combined $9.5 million, highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Denise Nunez teamed with Nathan Farha with NAI Martens, negotiating the sale of a three-property self-storage portfolio, representing the seller, Leon J. & Susan L. Moeder for $8.175 million. The property is located at 2359 N. Amidon, 122 S. Hydraulic Ave. & 4545 E. Pawnee St., Wichita, KS. The buyer, Wichita Self Storage Group LLC, represented itself.
Denise Nunez negotiated a sale of a self-storage property, representing the seller, John K. Vanderwey, Lawrence J. Vanderwey, Michael J. Vanderwey & Nicholas J. Vanderwey, Trustees of The Rexco Trust, V/T/A dated December 17, 2009 for $1.4 million. The property is located at the NEC of 119th Avenue & McDowell. The buyer, Guardian Storage Centers, LLC, represented itself.
Laurel Lewis and Dylan Whitwer negotiated a sale of a 2,459 SF office building, representing the seller, Troon North, LLC, for $180,000. The property is located at 10031 E. Dynamite Blvd., Scottsdale, AZ. The buyer, Timothy J. Haugue Jr. Living Trust was represented by Jason Reddington with Levrose.
Lease Transactions:
Mike Myrick represented the tenant, Yknot Party Rentals, in a 64-month industrial lease for 17,285 SF at 9035 S. Kyrene Road, Tempe, AZ. The landlord, TLF (Kyrene Commons) LLC, was represented by Steve Sayre with JLL.
Laurel Lewis represented the tenant, Shaffer Family Law, in a 22-month office sublease for 1,971 SF at 100 S. Kyrene Road, Chandler, AZ. The landlord, Cherry Creek Mortgage, represented itself.
Laurel Lewis represented the tenant, Zelus, in a 33-month office lease for 4,045 SF at 1230 W. Washington St., Tempe, AZ. The landlord, Papago Buttes Corporate, LLC was represented by Chris Walker with Cushman & Wakefield.
Lane Neville and Logan Crum represented the landlord, Chandler Medical Property Company, in a 63-month medical lease for 2,847 SF at 655 S. Dobson Road, Chandler, AZ. The tenant, Pinnacle Pain & Spine Consultants, PLC, was represented by Mari Lederman with JLL.
Laurel Lewis represented the tenant, Iluminar, PLLC, in a 36-month office lease renewal for 2,215 SF at 9377 E. Bell Road, Scottsdale, AZ. The landlord, McDowell Mountain Medical Investors, LTD, was represented by Michael Morton with Medical Office Brokers.
Thomas Bean, CCIM and Jay Mininberg represented both the tenant, Incus5, and the landlord, Wilshire Enterprises in a 1,492 SF office lease at 4515 S. McClintock Drive, Tempe, AZ.
John Filli and Dylan Whitwer represented the tenant, A to Z Environmental Services, LLC in a 37-month industrial lease for 4,855 SF at 10937 N. Solar Canyon Drive, Surprise, AZ. The landlord, JSBT, was represented by Kevin Helland with Avison Young – Arizona.
Matt Harper, CCIM represented the landlord, The Shops at Phoenix, LLC in a 37-month retail lease for 1,009 SF at 6170 S. 51st Ave. Laveen, AZ. The tenant, GGs Pet Salon, LLC, represented itself.
Matt Harper, CCIM represented the landlord, M&N Realty, LLC in a 38-month retail lease for 2,100 SF at 12020 S. Warner Elliot Loop, Phoenix, AZ. The tenant, Nadia Drake dba Exhale MedSpa, represented itself.
Matt Harper, CCIM represented the landlord, Robert Lee Thatcher and Arlene A. Thatcher, in a 40-month retail lease for 1,200 SF at 4737 W. Glenn Drive, Glendale, AZ. The tenant, Eric Timothee Gouvide Jr. represented himself.
Matt Harper, CCIM represented the landlord, Arizona MSK, LLC in a 12-month retail lease for 1,000 SF at 5270 N. 59th Ave., Glendale, AZ. The tenant, West Phoenix Tattoo Supply, LLC, represented itself.
Joan Krueger represented the landlord, Jade Lion LLC, in a 12-month retail lease at 9241 N. 6th Street, Phoenix, AZ. The tenant, Gerber Law, P.C., represented themselves.
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.
by Peter Madrid | Mar 10, 2020 | News & Updates
Arrington Watkins’ Principals (left to right) Mike Conder, Mike Quinn, Patte Thornton, Matt Gorman, Peter Sangiorgio, Kyle Swanson and Michelle Diaz. (Photo credit: David Schacher)
PHOENIX, ARIZONA (March 10, 2020) – Arrington Watkins Architects, a locally-owned design firm built on the foundation of values and performance, recently celebrated its 25th anniversary with a new leadership team.
Founded in 1994 by Lynn Arrington and David Watkins, Arrington Watkins embarks on its next 25 years with seven principals that include:
- Mike Conder, RA, LEED AP, AIA, Managing Principal;
- Matthew Gorman, RA, LEED AP, Managing Principal;
- Mike Quinn, RA, Managing Principal;
- Michelle Diaz, Principal/Business Manager;
- Peter Sangiorgio, RA, LEED AP, Principal Architect;
- Kyle Swanson, RA, Principal Architect;
- Patricia Thornton, DBIA, RA, LEED AP, AIA, Principal Architect.
“Our focus is to continually get better at what we do,” said Conder, who has been with Arrington Watkins for over 10 years. “In my role, I help facilitate that; the pursuit of perfection. David (Watkins) and Lynn (Arrington) built a great foundation. Now it’s up to the new leadership to take it to the next level.”
Conder’s focus is on managing the business side including overseeing finance, accounting, contracts and legal issues. He also manages projects for specific clients.
Gorman, who has been with the firm for 25 years, oversees marketing and business development. He also continues to help build the public safety sector of Arrington Watkins’ work.
“My vision is to strengthen our resume in the markets that we choose to pursue,” Gorman said. “To continue to grow our expertise and to become the go-to experts in the markets in which we perform. The government construction project market is back in full swing and we are there.”
Quinn, who has been with Arrington Watkins for 24 years, oversees operations, project delivery and staff development (as part of human resources). Quinn will continue to oversee public and criminal justice projects.
“My goals are to improve efficiency in project delivery and incorporate staff development opportunities to support the growth of all of our staff,” Quinn said. “The more we can train and promote staff from within, the stronger the company culture and the stronger the quality of the product.”
Diaz oversees policy development and implementation, accounting and day-to-day office management. Using the skills from her MBA, she is also involved in HR, strategic planning, tax planning and projections.
Sangiorgio joined the firm 25 years ago and was Arrington Watkins’ first employee, starting just a few months after the company was started. He oversees business development strategies for the firm’s federal and military market sectors. Sangiorgio also manages out-of-state justice and military projects.
Swanson, a 17-year veteran at Arrington Watkins, serves as head of technology overseeing the BIM and IT managers. He continues with is work on overseeing public safety projects. Kyle is involved with industry groups including the International Association of Property and Evidence, the National Council of Architectural Registration Boards and DBIA.
Thornton joined the firm in 2007 and is focused on project management for projects around the country. Recently the Design-Build Certification Board (DBCB) conferred upon her DBIA (Design Build Institute of America) credential. It identifies Thornton to design-build end-users and the community at-large as a professional in the design-build field. Thornton is just 1 of 32 professionals who have achieved this certification in the State of Arizona. Thornton also leads the firm’s Sustainability Committee, where she oversees the efforts to educate the office on the incorporation of sustainable principles and systems.
ABOUT ARRINGTON WATKINS ARCHITECTS
Arrington Watkins was founded in 1994 by Lynn Arrington and David Watkins. They started working together in the early 1970s in a large regional architectural firm where they eventually became managers of that company. In the late 1980s, economic problems brought about changes and the partners parted ways. A few years later, they came back together to form their own company. Arrington Watkins Architects started out with a handful of employees and a sound business plan. Lynn and David focused on a narrow group of project types, targeted specific clients, and treated their employees, clients and design partners with respect. Together, they designed and managed projects in a manner that made their clients want to come back over and over again. They began succession planning in 2009 and identified a group of key staff who they felt had the potential to take over the company and began putting them through leadership training and mentoring them for leadership roles. On September 1, 2017, the sale of the company was complete and the new leadership officially took over operations. Today, the company thrives on the foundation of values and performance that was established by Lynn and David, and continues through the new partners. Client satisfaction proves this transition a true success. The firm continues to invest in our people and our culture in order to develop the next generation of management that will continue to propel us as leaders in architectural design and customer satisfaction. For more information visit awarch.com.
###
by Peter Madrid | Mar 9, 2020 | News & Updates
PHOENIX, ARIZ. (March 9, 2020) – NAI Horizon has hired an industry expert who will help its office aggressively target the church and religious facilities market in order to deliver a more strategic and purpose-driven set of professional real estate services.
Thomas Smith joins NAI Horizon as a Senior Vice President during a period of dynamic growth for the Arizona firm and sees his primary mission in serving church leadership teams as enabling each church to “link real estate with ministry.”
As a former leading broker and later Executive Vice President with CB Commercial (CBRE) where he developed CB University and also led Corporate Communications/Marketing, Smith has used that experience (along with a successful track as a partner in the worldwide real estate practice at Arthur Anderson) to develop a strategic consulting based sales and marketing platform to now serve churches and their religious facilities.
“We are pleased to have Thomas join our team and lead this new market segment,” said NAI Horizon CEO and Designated Broker Terry Martin-Denning. “Thomas’ strategic approach to client service aligns perfectly with the NAI brand and our objectives.”
Smith’s experience as a developer of office and industrial properties enables him to consult and advise each church client in their options to build, buy or re-construct existing facilities that might best serve each church in a cost-efficient and holistic manner that helps to sustain or promote growth and stability within each congregation and on each balance sheet.
Smith joined the Church Realty Solutions practice in San Diego as a Partner in 2014 and has authored and designed its unique integrated sales and marketing platform and elements. (CRS also serves churches in Southern California through NAI San Diego).
The objective outcome is that the CRS platform and process consistently deliver desired results when buying, selling, or leasing a church property and most often is known to exceed client expectations.
“I’m excited about joining NAI Horizon and employing the many resources it has created to effectively deliver world-class results to my future clients in the Arizona church community,” Smith said. “CRS is driven by passion, purpose and tenacity; but essentially serves as part ministry and part business for me. It also presents the opportunity to serve each church in a manner that will ultimately help sustain their stability in achieving the goals of their ministries.”
Smith has served on a variety of nonprofit boards such as Arizona Special Olympics and Home Aid San Diego along with Senior Community Centers of San Diego and has been involved with Pop Warner football as a head and assistant coach for more than 30 years starting originally in Scottsdale then most recently with the San Diego Torrey Pines teams.
In addition to having authored “Winning in Commercial Real Estate Sales: An Action Plan for Success,” Smith has given more than 25 keynote presentations to real estate and other types of firms at their national sales meetings
A native of Michigan, Smith received a BS in business from Arizona State University.
by Peter Madrid | Mar 9, 2020 | News & Updates
PHOENIX, ARIZONA (March 9, 2020) – BOMA Greater Phoenix, the industry group that advances the commercial real estate industry through advocacy, influence, and knowledge, has named Farrell Quinlan as its new Executive Director.
Quinlan formerly served as State Director for the National Federation of Independent Business (NFIB), the nation’s leading small business association. While at NFIB he authored landmark legislation reversing “drive-by” trial-lawyer abuse of the Americans With Disabilities Act; and created legal protections for independent contractor employment relationships through a declaration of independent business status (DIBS) process.
Quinlan replaces Tim Lawless, who left BOMA Greater Phoenix in February to become President at Commercial Real-estate Executives for Economic Development (CREED).
“I’m excited to bring Farrell and his lengthy experience in running successful trade associations to BOMA Phoenix,” said BOMA Greater Phoenix President Robert Vincent, RPA, Cordia Capital Management. “He also brings a strong sense of public policy and advocacy that will strengthen BOMA Phoenix’s presence at the Capitol. We are honored that he is at the helm as we venture into another successful year in 2020.”
Quinlan helped make Arizona the first state to require its regulators to offer an opportunity to correct rule violations before issuing a citation or fine. From 1997 to 2007 he served as a vice president for policy development, communications and marketing at the Arizona Chamber of Commerce and Industry.
In 2012, Quinlan received the prestigious Leader of the Year in Public Policy Award in economic development from the Arizona Capitol Times. His government relations firm, In the Arena Public Affairs, was recognized in 2007 as one of the top 20 lobbying firms in Arizona by the Phoenix Business Journal.
“I’m humbled and honored to be entrusted by the BOMA Greater Phoenix Board of Directors to be Executive Director during this extraordinarily dynamic time for Arizona commercial real estate,” Quinlan said. “I’m excited to get to work serving our members and advocating for the commercial real estate industry.
“This legislative session, BOMA Greater Phoenix is committed to helping secure further business property tax relief that will make Arizona more competitive in attracting new development and job creation,” Quinlan said.
According to the BOMA 2020 Office Market Study, the office sector is a significant economic engine for both Metro Phoenix and the state of Arizona. The office sector contributes $2.4 billion to the state economy and $769 million in salaries and income by the 18,400 local jobs created by the industry.
Quinlan has served on Workforce Arizona Council, the board of directors of the Chandler Chamber of Commerce; Gov. Doug Ducey’s Gubernatorial Transition Team; Chandler’s Economic Development Advisory Board; and was appointed by then-Governor Janet Napolitano to the commission that developed the design of the U.S. Mint’s 2008 Arizona quarter.
A native of Vermont, he earned a bachelor’s degree in political communication from George Washington University in Washington, D.C. Quinlan is a resident of Chandler.
About BOMA
The Building Owners and Managers Association (BOMA) International is a federation of 93 BOMA U.S. associations, BOMA Canada and its 11 regional associations and 13 BOMA international affiliates. Founded in 1907, BOMA represents the owners and managers of all commercial property types including nearly 10 billion square feet of U.S. office space that supports 3.7 million jobs and contributes $205 billion to the U.S. GDP. Its mission is to advance the interests of the entire commercial real estate industry through advocacy, education, research, standards and information. BOMA Greater Phoenix has been federated with BOMA International since 1940. For more information about BOMA Greater Phoenix, visit at www.bomaphoenix.org/
###
