by Peter Madrid | Sep 3, 2019 | News & Updates
ALBUQUERQUE, N.M. (Sept. 3, 2019) – Terracon, an employee-owned consulting engineering firm, has promoted Environmental Department Manager Dave Matson of its Phoenix office to lead the Albuquerque, N.M., office.
Matson was promoted to Principal/Office Manager. He will be responsible for management of operations, business development, safety, client experience, technical review and leading and mentoring the staff. Matson has been with Terracon for 21 years.
“Dave’s experience at Terracon, as well as his people leadership skills, make him the perfect leader for our Albuquerque operation,” said Maroun Moussallem, P.E., Senior Vice President at Terracon. “We are very excited and look forward to having Dave and his team deliver outstanding client experiences in Albuquerque and across New Mexico.”
A native of Phoenix, Matson attended Northern Arizona University, earning a Bachelor of Science degree in environmental science.
Matson is involved with numerous industry groups including American Council of Engineering Companies, Environmental Information Association, Alliance of Hazardous Materials Professionals and Wireless Telecommunications Worldwide.
His community involvement includes Boy Scouts of America, Cub Scout den leader; American Cancer Society, team leader, Climb to Conquer Cancer; and Phoenix Children’s Hospital, volunteer, Ignite Hope.
Away from the office Matson enjoys hiking, biking, camping and fishing.
Terracon provides environmental, facilities, geotechnical and materials services from more than 140 offices with services available in all 50 states. Terracon currently ranks 24th 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/albuquerque/
by Peter Madrid | Sep 3, 2019 | News & Updates
PHOENIX, ARIZ. (Sept. 3, 2019) – NAI Horizon represented the seller through a revocable trust in the $1.748 million disposition of an industrial warehouse at 3265 N. Delaware St., in Chandler, Ariz.
NAI Horizon Senior Vice President Jeff Adams represented Hugh J. Doss and Margarette E. Doss, as Trustees of the Hugh J. Doss and Margarette E. Doss Revocable Trust.
The 16,417 SF property is a freestanding, fenced-improved industrial building. The sale included a partial seller leaseback of up to 18 months with a nominal mutual lease termination clause.
The facility will be occupied by a supplier of window covering solutions for the design industry. Built in 2001, the industrial warehouse has clear ceiling heights of 22 feet. It features more than 3,000 SF of improved office and is located in a secure industrial park.
“The transaction was a unique win-win for both sides,” Adams said. “It allowed the buyer to slowly expand into a neighboring facility while allowing the seller, who preferred not to move immediately, the ability to lease back nearly half the space for a mutually determinable period. For a minor sales price discount accorded the buyer, the seller was able to lessen its capital gains tax hit while also receiving a reduced market lease back rate.”
Adams also represented the current seller in the original purchase of the facility almost 14 years ago.
Gary Pedersen with Phoenix Commercial Properties represented the buyer, Helser Brothers Investments LLC, an Arizona limited liability company in Chandler.
by Peter Madrid | Aug 26, 2019 | News & Updates
PHOENIX, ARIZONA (August 27, 2019) – With more than 20 years of combined experience in the Valley, local minority business people Samantha Root and Vince Ortiz have collaborated to launch Lujo Commercial Cleaning.
The new company, located at 2801 E. Camelback Road, Suite 230, in Phoenix, will provide full-service commercial cleaning. Services include power washing, commercial floor care (carpet and solid floors), window washing, commercial evening and/or daytime cleaning, medical office cleaning, day porter service, detail cleaning projects and construction cleanup.
Vince Ortiz
“We have designed a commercial cleaning company that has woven its principals and values into every single thing that has our name on it,” said Root, who hold the title of co-owner. “We are intentional in everything we do, making it a point to live our values in and out of the commercial cleaning industry.”
Root, who has more 18 years of marketing and sales experience, previously worked for a commercial cleaning company. It catered to a diverse commercial market. Root is active among local industry groups including AZCREW, BOMA Greater Phoenix and Valley Partnership. She is a past board member and committee chair with BOMA.
Root holds real estate licenses in Arizona and Texas, of which she is a native. She is a resident of Peoria and the mother of five children. She and her husband have been married for 12 years.
Ortiz, also co-owner, possesses more than 32 years of experience in commercial cleaning services. He served as a regional manager for a national commercial cleaning company overseeing its operations. A resident of Goodyear, Ortiz is a native of San Diego. He has five children.
For more information, contact Root at (623) 341-5379.
by Peter Madrid | Aug 21, 2019 | News & Updates
SCOTTSDALE, ARIZ. (August 21, 2019) – Sigma Contracting, Inc. continues to grow its staff and presence in the Southwest with the hiring of another superintendent and a new project manager.
Sigma is pleased to announce the hiring of Superintendent Ron Alderman and Project Manager John Russell. They each have spent 23 years in the industry.
Originally from Canandaigua, N.Y., Alderman will oversee the operations of his current construction site, the new Mountainside Fitness at 5320 E. Shea Blvd., Scottsdale. He will be responsible for daily scheduling, supervising all activities and tasks and ensuring the safety and compliance of the project site.
A native of Tucson who grew up in Pinetop, Russell will oversee a variety of projects, ensuring that plan documents are executed properly and that the superintendents and subcontractors have the proper direction and resources to meet deadlines. In overseeing their interests, Russell will collaborate with owners, employees and suppliers to oversee safety, adherence to schedule and budget.
Ron Alderman
“The demand for Sigma’s longevity of experience and expertise has led to an influx of projects that gave us the opportunity to bring on board this great pair of industry experts,” said Dan Hinkson, President of Sigma Contracting. “Together they bring a combined 46 years of experience and excellent skill sets. Just as we were thrilled to bring back Ben Gorbea, we are equally thrilled to have Ron and John join the team.”
Gorbea, who had previously worked for the Arizona-based general contracting company, was re-hired as a superintendent earlier this year. He is currently supervising a remodel and addition for Knight-Swift Transportation.
Prior to joining Sigma, Alderman worked at GCON Inc., in Phoenix, and Wasson Commercial Contracting in Mesa. He also worked at A.R. Mays. A member of the Army National Guard from 1993 to 1999, Alderman graduated from Hobart College in Geneva, N.Y. He earned a BA in economics.
Russell also joins Sigma from GCON, where, in addition to project management, he implemented, enforced and managed the company’s safety policy and procedures. He was director of construction for Children’s Learning Adventure. The father of four boys, Russell is a youth basketball coach and enjoys camping, fishing and hiking.
by Peter Madrid | Aug 19, 2019 | News & Updates
PHOENIX, ARIZONA (August 19, 2019) – NAI Horizon represented the landlord and the tenant in negotiating a long-term lease for a new Planet Fitness at Vista Del Oro in Gilbert, Arizona.
The NAI Horizon retail properties team of Senior Vice Presidents Shelby Tworek, Chris Gerow and Gabe Ortega and Associate Patrick Anthon represented the tenant, United PF TOM LLC of Austin, Texas, in the transaction totaling $2.55 million.
NAI Horizon Senior Associate Horth Hong represented the landlord, Val Vista Queen Creek LLC of Los Angeles.
“The site was a former kid’s entertainment complex and prior to that it was a grocery store,” Tworek said. “We were able to come to terms and demise a 50,000 SF box so that the owner could accommodate two tenants. The area and demographics were ideal for a Planet Fitness model, meeting some of the demands of the local neighborhood.”
Planet Fitness will occupy 24,287 SF at Vista Del Oro, 4874 S. Val Vista Drive in Gilbert. Vista Del Oro is a 102,755 SF shopping center at the SWC of Val Vista Drive and Queen Creek Road. It’s a half mile south of the Loop 202 Santan Freeway.
Tenants at Vista Del Oro include G.S. Consulting Group, GSC Therapy, Leslie’s Pool Supply, Payton’s Place Bar and Totspot Preschool.
In 2018 NAI Horizon negotiated leases totaling more than $23 million for Planet Fitness locations across the Valley.
by Peter Madrid | Aug 14, 2019 | News & Updates
PHOENIX, ARIZONA (August 14, 2019) – A pair of long-term leases at two properties in Gilbert, Arizona, for Progressive Casualty Insurance Co. totaling $4.18 million highlight recent deals by NAI Horizon professionals.
Sale Transactions:
Sharon Reeves negotiated the sale of a 2,888 SF retail building, representing the seller, The Clarke Revocable Trust, for $620,000. The property is located at 7114 E. Sahuaro Drive, Scottsdale, AZ. The buyer, Last Mile Holdings, LLC, was represented by Kurt Saulnier with Lee & Associates.
Joan Krueger negotiated the sale of a 1,727 SF office building, representing the buyer, East Baseline, LLC, for $370,000. The property is located at 6640 E. Baseline Road, Mesa, AZ. The seller, Primesource, LLC, was represented by Jon Willis with Willis Property Company.
Lease Transactions:
Isy Sonabend represented the tenant, Progressive Casualty Insurance Co, in a 65-month lease for 25,193 SF at 339 E. Germann Road, Gilbert, AZ. The landlord, Reserve at San Tan 4, LLC, was represented by Mike Garlick with Newmark Knight Frank.
Isy Sonabend represented the tenant, Progressive Casualty Insurance Co, in a 64-month lease for 42,149 SF at 1395 N. Fiesta Drive, Gilbert, AZ. The landlord, AEI Fiesta, LLC, was represented by Evan Koplan with CBRE.
Laurel Lewis and Jay Olson represented the tenant, First Choice Loan Services, Inc., in a 65-month office lease for 3,548 SF at 10446 N. 74th St., Scottsdale, AZ. Adam Tolson with Lee & Associates represented the landlord, JAWS74, LLC.
Laurel Lewis and Thomas Bean, CCIM represented the landlord, Top of the Tram, LLC, in a 64-month office lease for 4,600 SF at 2165 W. Pecos Road, Chandler, AZ. The tenant, RLF Consulting, LLC, was represented by Tyler Bode with Commercial Properties.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 60-month retail lease for 1,200 SF at 21545 S. Ellsworth Loop Road, Queen Creek, AZ. The tenant, Optimum Home Solutions, was represented by Jamie Prieto with DPR Realty.
Matt Harper, CCIM represented the tenant, Higher Hopes, LLC, in a 39-month retail lease for 6,000 SF at 3690 S. Estrella Parkway, Goodyear, AZ. The landlord, Tall Development, LLC, was represented by Natalie Jaafar with Phoenix West Commercial.
Matt Harper, CCIM represented the landlord, Janaland, LLC, in a 51-month retail lease for 1,700 SF at 6601 W. Indian School Road, Phoenix, AZ. The tenant, HireSource Staffing Solutions, LLC, represented itself.
by Peter Madrid | Aug 6, 2019 | News & Updates
TUCSON, ARIZONA (August 6, 2019) — The Mexican Winter Baseball League’s version of “Spring Training” will return to the Valley for the eighth consecutive year.
This year marks the Mexican Baseball Fiesta’s fifth year in Mesa. This year’s games will be September 27-29. Four of the top teams from the Liga Mexicana del Pacifico will participate: Los Naranjeros de Hermosillo, Yaquis de Obregón, Águilas de Mexicali and Cañeros de Los Mochis.
A new addition this year is the future stars from the Arizona Fall League team – Mesa Solar Sox. The Solar Sox are made up of the top prospects of Cubs, Indians, Angels, A’s and Tigers. The six games (three doubleheaders) also are the most played in any Phoenix Fiesta.
All games will be played at Sloan Park, 2330 W. Rio Salado Parkway in Mesa, which is home to the Chicago Cubs during Spring Training.
“The Mexican Pacific League is as popular in Mexico as Major League Baseball is in the U.S., if not more so. We’re excited to bring the most teams to the Fiesta (five) in our eighth year Phoenix history this year,” said Francisco Gamez, Mexican Baseball Fiesta, Founder and Partner.
Gamez played over 10 years in the Mexican Pacific League as well as in the Milwaukee Brewers organization in the states.
“Constant excitement is the best way to describe the Mexican Baseball Fiesta. The energy of the fans, the music, the food and fun make this a unique experience for all baseball fans,” said Gamez.
Mike Feder and Jack Donovan joined Gamez in forming the Mexican Baseball Fiesta, LLC in 2011.
“The word Fiesta best describes our event – a party. The MexicanBaseball Fiesta will continue to be a tradition in Mesa for many years to come,” said Feder, President of the Mexican Baseball Fiesta. “We’re excited the Mexican Baseball Fiesta continues to grow in the Valley every year. Last year, was the most attended Fiesta for our Phoenix area games. We are thrilled to have to the Mexican Baseball Fiesta return to Mesa, as well as continuing the heated rivalry Hermosillo vs. Obregón for two nights for our fans to enjoy.”
Added Justin Piper, Chicago Cubs General Manager – Sloan Park: “Sloan Park is excited to once again host the Mexican Baseball Fiesta. We look forward to welcoming the Mexican Winter League teams and their fans for an energetic baseball experience.”
Mesa is one of a number of cities taking part in this year’s Mexican Baseball Fiesta. The other cities finalized are Las Vegas, Tucson, Douglas and Nogales on both sides of the border.
Tickets to the general public go on sale online August 12, at www.MexicanBaseballFiesta.com or www.sloanpark.com. Ticket prices for box seats are $15 and general admission tickets are $10. Tickets for children age 6-16 are $6. These prices are the same as 2018. Fans can purchase tickets at the Sloan Park Ticket Office September 23-29 from 10 a.m. to 4 p.m., or until the top of the 7th inning on game days.
Information on the Mexican Baseball Fiesta, LLC is available at www.MexicanBaseballFiesta.com.
by Peter Madrid | Aug 5, 2019 | News & Updates
PHOENIX, ARIZ. (August 5, 2019) – Since hosting its inaugural event in Phoenix on Nov. 4, 1999, the Southwest chapter of the Real Estate Investment Advisory Council (REIAC) has become one of the Valley’s most prestigious commercial real estate networking and mentoring organizations.
Founded by businessman Larry Heath, who at the time was with Vestar Development, REIAC Southwest is celebrating its 20th anniversary this year. REIAC is an exclusive national fellowship of top real estate executives that offers superior educational events, networking opportunities and community service.
It has four regions in the U.S. and was established as a nonprofit trade association to provide a forum for the exchange of ideas, concerns and experiences among senior executives who conduct commercial real estate transactions.
Through three of its programs, the Southwest chapter has established itself as a leader in educating and mentoring the next generation of commercial real estate professionals. Those programs include:
>> The REIAC/Rockefeller Challenge: The top three out of six teams consisting of graduating students from Arizona State University’s W. P. Carey School of Business, Masters of Real Estate Development (MRED) program, present their development projects to REIAC’s membership who pepper the teams with questions and comments about their proposals. Each member of the winning team walks away with a $1,000 check from REIAC and the event sponsor, The Rockefeller Group. It completed its sixth year in 2019.
“The Challenge has changed the dynamics and competitiveness among the teams to be chosen as one of the top three invited to the Challenge,” said Mark Stapp, Executive Director of the MRED program.
>> MRED scholarships: REIAC awards two scholarships to MRED students at the beginning of each academic year. The MRED faculty select six students who are interviewed by several REIAC board members. The selection criteria include financial need; desire to pursue a career in real estate development or investment after graduation and; desire to stay and pursue their career in Arizona after graduation. After the interviews, the top two deserving students are each awarded a $2,500 scholarship.
>> The REIAC Southwest/Junior Achievement of Arizona Land Development Pitch Competition: REIAC members present five classes per semester introducing high school students to the built environment and the real estate development process. Teams of students from Gateway Early College High School in Phoenix present their proposed developments to a panel of REIAC judges to convince them that their project is the best investment. Each member of the winning team receives a gift card for up to $175. It completed its first two semesters during the 2018-2019 academic year.
“This program made our 11th and 12th grade students extremely happy and most importantly, confident as they leave our school and move on to bigger and better futures,” the students’ teacher, Karen Hawkes, said of the REIAC volunteers.
“The MRED Challenge and the Junior Achievement program give REIAC the opportunity to share our members’ expertise,” said Mark Singerman, President of REIAC Southwest and Vice President/Regional Director-Arizona for The Rockefeller Group.
Cheri Brady, a founding board member with the REIAC Southwest chapter 20 years ago, serves as Chair of the Membership Committee. She agreed that community outreach and mentoring are signatures of the organization.
“Mark has really taken the lead with those initiatives,” said Brady, Vice President and Senior National Account Manager, National Commercial Services Division, First American Title Insurance Company. “He was instrumental in the outreach with Junior Achievement and the class curriculum for the high school students. He has since really expanded his role to help with our various programs and speakers.”
Brady says there are approximately 85 members in the local chapter. The Board’s goal is to field a roster of about 120 professionals.
“Being an active member of REIAC has provided me many opportunities over the years and I attribute much of my professional success to this organization,” Brady said. “It is a privilege to regularly interface with our membership and create relationships with industry leaders. The benefits include numerous business opportunities for me and my team.
“The first year I put a toe in the water to see how it would play out. Twenty years later I’m still an active member and love what the organization has become. As a board member and Membership Chair, I have a dual incentive to encourage REIAC’s growth,” Brady said.
“Another big part of REIAC Southwest is bringing in top-notch local and national speakers for our members and their guests. Just as our members share their expertise, these speakers provide relevant and timely information in the global commercial real estate world,” Singerman said.
The networking opportunities REIAC Southwest offers its members include four main evening programs per year and four breakfast programs with panelists discussing industry trends. The distinguished speaker program has featured national industry experts such as Dr. Peter Linneman, Hessam Nadji, John Cushman, Gerald Hines Sr., Dr. Michael Crow, Jerry Colangelo, Gary Knight, Jerry Moyes and many other industry and business leaders.
REIAC members present five classes per semester introducing high school students to the built environment and the real estate development process. Teams of students from Gateway Early College High School in Phoenix present their proposed developments to a panel of REIAC judges to convince them that their project is the best investment.
by Peter Madrid | Aug 1, 2019 | News & Updates
PHOENIX, ARIZONA (August 14, 2019) – Embracing change to help owners compete in today’s environment. Snapshots of the Phoenix and Arizona markets. Misconceptions and reality of the development cycle.
These and many other topics will highlight the 21st Annual Arizona Self-Storage Conference & Trade Show September 25 and 26 at the Wild Horse Pass Hotel & Casino, 5040 Wild Horse Pass Blvd., Chandler, Arizona. The Arizona Self-Storage Association (AZSA) is the trade association that represents the self-storage industry in Arizona.
The conference comprises the Owners Summit on September 25 and the Operational Symposium on September 26. The annual golf tournament precedes the conference September 24 at Whirlwind Golf Club at Wild Horse Pass.
“This year’s theme is ‘Embracing Change to Compete Today,’” said AZSA Executive Director Anne Mari DeCoster. “The expertise the speakers bring to our conference embodies our approach to this year’s conference – embracing change to help owners and operators compete in today’s self-storage industry. We couldn’t be prouder of the caliber of our speakers.”
AZSA and The BSC Group kick off the conference with the Owners Summit. The opening discussion, “Will the Real Economy Please Stand Up?” will be presented by Dr. Chris Thornberg of Beacon Economics. The local self-storage outlook, “Self-Storage in 2019: A Focus on Arizona and Phoenix,” will be delivered by Theresa Gallas of Radius+.
Other presentations on the first day include “It’s Coming for You: New Supply,” by Guy Middlebrooks of Cube Smart; “Automation: Fact or Fiction?”, by Travis Morrow; “Pivoting: Technology that is Changing the Self-Storage Industry,” by Lonnie Bickford, owner of Appletree Storage and StorageAuctions.com; “Improving Cash Flow Through Tax Strategies,” by Heidi Henderson of Engineered Tax Services; and “Beyond Billboards & Yellow Pages: Marketing in 2019 and Beyond,” by James Malone of G5.
This year’s “Inside the Operator’s Studio” features AZSA board member Travis Morrow interviewing Robert Schoff, a founding AZSA board member and Chairman of the Board of National Self-Storage Management.
The Operational Symposium on September 26 kicks off with “Dominate Your Competition, Part 1,” presented by Jim Ross of Self Storage Domination. Online reviews will also be discussed, followed by “Dominate Your Competition, Part 2.” The second wraps up with a Q&A featuring Jim Ross and Richard Marmor, Chair of AZSA’s Legal & Legislative Committee.
The conference will include vendor/sponsor exhibits in the showroom where all the presentations take place.
Registration fee is $140 for owner/operator members; $190 for owner/operator non-members. Register here.
AZSA boasts more than 600 facilities in the association owned by approximately 300 owner/operators as well as more than 100 associate members who are both local and national vendors to the self-storage industry.
About AZSA
Founded in 1996, the Arizona Self-Storage Association was created to strengthen the self-storage industry in Arizona, promote professional standards and quality, and present a unified voice on issues affecting the industry in the state and in its communities. AZSA continues that mission today with approximately 700 facility and vendor members and 300 owners. AZSA works to add and refine services which benefit it members. These services include legislative watch, legal resources, communications, facility and vendor search, educational events and networking and the AZSA Self-Storage Conference & Trade Show. For more information visit azselfstorage.org.
by Peter Madrid | Jul 31, 2019 | News & Updates
PHOENIX, ARIZ. (July 31, 2019) — Marwest Enterprises is pleased to announce the successful joint venture for its new development known as Logic Park 91. The project consists of three buildings totaling 720,000 SF on 44 acres.
The new $53M, Class-A industrial project will be located at the intersection of 91st Avenue and Buckeye Road in Phoenix. The project is expected to be completed by the end of 2Q 2020.
Logic Park’s buildings will range from 230,000 SF to more than 250,000 SF of leasable space and will be delivered simultaneously to meet the market’s significant demand. The project was designed to provide tenants with a diverse range of spacing options, devisable down to 20,000 SF, as well as single building identity.
“We are very excited to bring this major project to the West Valley. With the tremendous demand for quality industrial product in the area, combined with the significant economic impact being brought to the City of Phoenix, we view this as a prime location for this type of development,” said David Martens, Principal with Marwest Enterprises.
Marwest Enterprises partnered on the project with a large institutional capital provider. Construction financing was provided by Alliance Bank of Arizona.
“Our ability to secure institutional capital for Marwest is a true testament to their experience and the solid investment fundamentals that exist within the West Valley,” said Roman Nelson of CapMatrix, who served as strategic capital advisor on the transaction.
Other project partners include Ware Malcomb, architect; Willmeng Construction, general contractor; and Hunter Engineering as the engineer. Leasing for Logic Park 91 will be handled by Gary Anderson and Mike Gilbert at Cushman & Wakefield.
“We are very proud to represent Marwest as the leasing team at Logic Park and helping to fill this market’s demand for quality industrial space. We look forward to a very successful endeavor,” Anderson said.
About Marwest Enterprises LLC
Marwest Enterprises LLC is a real estate investment firm based in Scottsdale, Arizona, which focuses on investment opportunities in the Southern United States. Founded in 1994, Marwest has been advising capital sources on development and value-add opportunities on behalf of their clients by providing unbiased analysis and a comprehensive real estate management solution to projects in the region. For more information, visit www.marwestcapital.com.
