AZCREW presents $10,000 scholarship to MRED student  Abby Perez at annual event

AZCREW presents $10,000 scholarship to MRED student Abby Perez at annual event

News & Updates

PHOENIX, ARIZONA (November 14, 2019) – AZCREW, the leading organization for senior-level executive women in the Metro Phoenix commercial real estate field, presented a $10,000 scholarship to an Arizona State University Master of Real Estate Development (MRED) student.

The scholarship winner – Abby Perez – was announced at AZCREW’s annual Black & White Affair, held recently at the Transwestern office at the Esplanade in Phoenix. The event benefits AZCREW’s “MRED Dollars for Scholars” program.

Over the past 9 years, AZCREW has supported MRED students by awarding scholarships totaling nearly $50,000.

“We are proud to support Abby as she continues her path in commercial real estate,” said Jennifer Cranston of Gallagher and Kennedy, 2019 AZCREW President. “It’s exciting to provide her with both monetary assistance and the ongoing educational and networking opportunities that accompany her membership into the professional family we call AZCREW.”

Perez, a native of Phoenix, holds a BA in communication, with minors in business and real estate. A fulltime student, she previously served as a research intern at Cushman & Wakefield.

In nine months, the transdisciplinary W. P. Carey Master of Real Estate Development (MRED) program prepares students to lead real estate development projects that are environmentally respectful, socially responsible, and artfully designed. Small class sizes provide opportunities for peer interaction and a number of synthesis projects cover the entire spectrum of development, preparing graduates for roles throughout the industry.

The MRED program is a transdisciplinary partnership between four highly regarded schools within ASU:

  • The W. P. Carey School of Business;
  • The Sandra Day O’Connor College of Law;
  • The Herberger Institute for Design and the Arts;
  • The Del E. Webb School of Construction.

 

 

 

by Nov 14, 2019
NAI Horizon retail expert negotiates 44,927 SF, long-term lease for indoor playground in Utah

NAI Horizon retail expert negotiates 44,927 SF, long-term lease for indoor playground in Utah

News & Updates

      PHOENIX, ARIZONA (November,14, 2019) – NAI Horizon represented the tenant, an indoor action playground company, in a long-term lease at the Fort Union Shopping Center in Midvale, Utah.

NAI Horizon Vice President Mike Kumelski in Phoenix and Scott Brady from Mountain West Commercial Real Estate in Utah represented Aggregate Athletics LLC of South Jordan, Utah, in the lease of 44,927 SF for Kids That Rip (KTR).

KTR has Valley locations in Mesa, Chandler and Scottsdale. KTR offers families a new form of indoor entertainment through skateboards, scooters, Parkour, trampolines, slacklines, ninja zones, gymnastics and sports.

“The site is positioned in a great demographic for our use and will be a fantastic addition to services for kids and families in the community,” Kumelski said. “This is adjacent to a 5,597 SF Aqua-Tots transaction we previously negotiated. Both are planned to be open in first quarter of 2020.”

The landlord is Fort Union Shopping Center LLC of Los Angeles.

 

by Nov 14, 2019
NAIOP Arizona Board of Directors elects new leadership, board members for 2020

NAIOP Arizona Board of Directors elects new leadership, board members for 2020

News & Updates

PHOENIX, ARIZONA (November 13, 2019) – The Arizona Chapter of NAIOP, the Commercial Real Estate Association, elected officers and board members for 2020 at its November board meeting.

The 2020 Executive Committee of NAIOP Arizona is Jim Wentworth Jr.,  Chairman, Wentworth Property Company; Danny Swancey, Vice Chairman, ViaWest Group; Cathy Thuringer, Treasurer, Trammell Crow Company; John Orsak, Programs Chair, Lincoln Property Company; Rusty Kennedy, Secretary, CBRE, Inc.; Molly Carson, Immediate Past Chairwoman, Ryan Companies US, Inc.; and Andrew Cheney, Immediate Past Chairman once removed, Lee & Associates Arizona.

New 2020 Board Members are Chris Burson, Alliance Bank of Arizona; Derek Flottum, Irgens; Kate Morris, Transwestern; Jeremy Womack, JLL; and Pat Boyle, Cushman & Wakefield (Developing Leaders representative, 1-year term).

Returning members of the Board of Directors include Phil Breidenbach, Colliers International; Bryon Carney, Cushman & Wakefield; Keith Earnest, VanTrust Real Estate; Danielle Feroleto, Small Giants; Jeff Foster, Prologis; Tom Jarvis, Willmeng Construction; CJ Osbrink, Newmark Knight Frank; Darren Pitts, Velocity Retail Group; and Candace Rosauro, Jokake Construction.

Larry Pobuda, The Opus Group, is the board member who is rolling off the leadership team after having served as both the Board Chairman of the Arizona Chapter of NAIOP and of NAIOP at the Corporate level.

“Thanks to our members and corporate sponsors, NAIOP Arizona is as strong and healthy as ever,” said 2020 Board Chairman Jim Wentworth Jr.  “We look forward to providing another year of excellent programs and events, as well as advancing our legislative priorities. We have a highly qualified and engaged Board of Directors to help us accomplish our goals in 2020.”

About NAIOP

NAIOP comprises 19,000+ members and provides strong advocacy, education and business opportunities through a powerful North American network. It is the leading organization for developers, owners, investors and related professionals in office, industrial, retail and mixed-use real estate.

 

 

by Nov 13, 2019
Fidelity National Title names Blake Greer Assistant VP, Commercial Account Manager

Fidelity National Title names Blake Greer Assistant VP, Commercial Account Manager

News & Updates

SCOTTSDALE, ARIZONA (NOVEMBER 13, 2019) – Fidelity National Title Agency is pleased to announce that Blake Greer has joined the company as Assistant Vice President, Commercial Account Manager.

As Commercial Account Manager, Greer will focus primarily on assisting commercial brokers, attorneys, developers and lenders by creating practical strategies to promote their business growth. His outgoing personality and interpersonal communication skills support his professional values of honesty and integrity.

Greer has strong relationship-building skills. For Greer, networking is instinctive and service is key. He understands the importance of being solution-oriented and customer-focused, which works hand-in-hand with Fidelity National Title Agency’s commitment to its customers’ success.

“With Fidelity National Title Agency providing state-of-the-art resources and the platforms needed to best serve our commercial business partners, Blake is in a position to maximize the partnership experience with our clients and he is an important addition to the FNTA-Maricopa Commercial Sales Team,” said Diane Day, Fidelity National Title Senior Vice President, Operations Manager.

Originally from Knoxville, Tenn., Greer is an avid golfer and has been a PGA pro for more than four years. He just recently moved to the Valley.

About Fidelity National Title

With a proud history of more than 150 years, Fidelity National Title Agency (NYSE-FNF) is the nation’s premier real estate service providers. FNF has $1.5 billion in claims reserves, 33.2% market share, and is the highest-ranked title insurance company currently on the Fortune 500. Through its nationwide network of direct operations and agents, Fidelity National Title Agency provides title insurance, underwriting, escrow and closing services to residential, commercial and industrial clients, lenders, developers, attorneys, real estate professionals, investors and consumers. Let Fidelity demonstrate why customers nationwide rely on its experience, service and financial strength for real estate transactions across the country. For more information visit www.fntarizona.com/ 

 

by Nov 13, 2019
REIAC Southwest presents water advocate Sen. Martha McSally at December event

REIAC Southwest presents water advocate Sen. Martha McSally at December event

News & Updates

      PHOENIX, ARIZONA (November 12, 2019) – Water is the lifeblood of the real estate development community, and U.S. Sen. Martha McSally has played a key role in two major initiatives that involve this precious commodity in Arizona.

REIAC Southwest presents McSally as part of its Distinguished Speaker Series Dec. 17 at Camelback Golf Club, 847 N. Mockingbird Lane, Scottsdale. A special video introduction will be made by Gov. Doug Ducey.

The event begins at 4 p.m. with registration and networking. The program is from 4:30 to 5:30 p.m., with a networking reception to follow.

McSally is working to move the Rio Reimagined project forward to revitalize the Salt River as it snakes through the Valley. In March, McSally sent a letter to the EPA asking it to include the project as the 20th designee in its Urban Waters Federal Partnership.

The project, originally created decades ago by Arizona State University students, would span across a 58-mile stretch of the Salt-Gila river corridor through Maricopa County including six cities and two Native American tribal communities. Former Arizona Sen. John McCain provided the leadership on the initiative.

“We are honored that Senator McSally has chosen to take time from her busy schedule to speak to our group of senior real estate executives,” said Mark Singerman, President of the REIAC Southwest Chapter and Vice President/Regional Director-Arizona for The Rockefeller Group. “Her focus and support for the Rio Reimagined initiative could present many future real estate investment and development opportunities for the Valley.”

McSally was also a key player in shepherding the Colorado River Drought Contingency Plan through Congress. McSally helped secure unanimous support from all 14 Basin State Senators and pushed Congress to act quickly to authorize the comprehensive plan, which aims to keep a critical water source – the Colorado River – from reaching hazardously low levels over the next few years.

McSally chairs the Energy and Natural Resources Subcommittee on Water and Power in the Senate. She previously represented Arizona’s second congressional district for four years in the U.S. House of Representatives.

Prior to serving in Congress, she served 26 years in the U.S. Air Force, retiring in 2010 as a full colonel. She is the first female fighter pilot to fly in combat and first to command a fighter squadron in combat in U.S. history.

REIAC members and invited guests are free. Non-members are $40 per person or $100 for a group rate of four people. Register here.

 

About REIAC

The Real Estate Investment Advisory Council (REIAC) 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. The invitation-only group limits its membership to senior-level executives at companies, who act as principals, and whose function is to develop, acquire, manage and/or finance commercial real estate. Institutional quality programs and peer-to-peer relationship-building opportunities have established REAIC’s reputation throughout the national real estate investment community as one of its premier associations. www.reiac.org

 

 

 

 

by Nov 12, 2019
Fidelity National Title promotes Linda Bruce to Vice President, Commercial Account Manager

Fidelity National Title promotes Linda Bruce to Vice President, Commercial Account Manager

News & Updates

      SCOTTSDALE, ARIZONA (NOVEMBER 12, 2019) – Fidelity National Title Agency is pleased to announce that Linda Bruce has been promoted to Vice President, Commercial Account Manager.

Bruce has been a vital member of Fidelity’s commercial services sales team for more than 13 years and has 25 years of experience in sales and marketing with high-level customer service. In 2007, her role expanded to the Commercial and Banking Partners segment, where she achieved outstanding results by growing an impressive portfolio of diverse clients in the commercial and banking industry.

Bruce has achieved numerous awards at Fidelity and currently holds the prestigious “Hall of Fame” honor. Bruce graduated with a bachelor’s degree in communications and marketing from the University of Arizona.

Prior to joining Fidelity, Bruce worked at Showtime Networks with strategic accounts in the fast-paced and demanding entertainment industry. In that position, Bruce developed her skills in building and managing multiple high-level national marketing campaigns for more than 10 years.

“Linda’s commitment to excellence, building relationships with high integrity, expertise in customer service and impeccable work ethic contribute greatly to the team’s success in forging both local and national business partnerships,” said Mary Lou Paulk, Fidelity National President and County Manager.

Bruce is an active member of Urban Land Institute (ULI), WLI, NAIOP and Valley Partnership along with many other charitable organizations in which she will stay involved within her new role. Bruce is a founding member of HARTT, an animal rescue organization.

 

About Fidelity National Title

With a proud history of more than 150 years, Fidelity National Title Agency (NYSE-FNF) is the nation’s premier real estate service providers. FNF has $1.5 billion in claims reserves, 33.2% market share, and is the highest-ranked title insurance company currently on the Fortune 500. Through its nationwide network of direct operations and agents, Fidelity National Title Agency provides title insurance, underwriting, escrow and closing services to residential, commercial and industrial clients, lenders, developers, attorneys, real estate professionals, investors and consumers. Let Fidelity demonstrate why customers nationwide rely on its experience, service and financial strength for real estate transactions across the country. For more information visit www.fntarizona.com/ 

 

 

by Nov 12, 2019
Proposed Buckeye development, Douglas Ranch, to be discussed at AZCREW lunch   

Proposed Buckeye development, Douglas Ranch, to be discussed at AZCREW lunch  

News & Updates

       PHOENIX, ARIZONA (November 7, 2019) – El Dorado Holding has plans to develop Douglas Ranch, a 37,000-acre community in Buckeye. What impact will it have on the West Valley and the proposed I-11?

Chris Grogan

AZCREW, the leading organization for senior-level executive women in the Metro Phoenix real estate field, presents a Douglas Ranch case study at its November 19 luncheon at Phoenix Country Club, 2901 N. 7th St., in Phoenix.

Chris Grogan, Partner, El Dorado Holdings, is the featured speaker.

AZCREW’s November lunch begins with networking at 11:30 a.m. The program starts at noon. Member registration is $45; non-member pre-registration is $65. Registration closes Oct. 10. Lunch is included. Register here.

 

by Nov 07, 2019
Sigma Contracting adds estimator, project manager; long-time industry expert retires

Sigma Contracting adds estimator, project manager; long-time industry expert retires

News & Updates

SCOTTSDALE, ARIZ. (November 7, 2019) – Sigma Contracting, Inc. has announced the hiring of two industry experts and the retirement of a construction veteran in the field of estimating.

Sigma has added Byron Bargas to the estimating department and Harrell Settle as project manager. Sigma also announced the retirement of Ken Horton, who wraps up a 31-year career with Sigma as a commercial estimator for the Scottsdale-based general contractor.

Ken Horton

Bargas brings almost 30 years of diversified construction experience to Sigma and its clients. He possesses a strong engineering background and years of framing and project management experience as well as estimating.

Bargas is a board member of the Construction Specification Index where he works with the design community on updated specifications for new materials being incorporated into construction projects. He serves on the technical committee where he reviews white papers on various studies for new products. Byron is slated to become chapter president in 2021.

Bargas holds a degree in mathematics and physics and is currently working on his MBA in sustainability. He and his wife have four children, one grandson and are expecting a granddaughter.

“We are thrilled to bring Byron on board,” said Dan Hinkson, President of Sigma Contracting. “He will be working with our estimating team to prepare bids, proposals and conceptual budgets for our clientele and customers. From his past he brings additional subcontracting relationships to the current stable of companies with which Sigma works on an ongoing basis.”

In his role, Settle will work with Sigma’s operations team as well as its field superintendents processing the paper side of construction while solving issues and concerns. He brings 24 years of diverse experience to Sigma with a background in project management, estimating, field supervision, metal stud framing and drywall.

A Phoenix native, Settle attended Rio Salado College. He has three grown children and three grandchildren.

“Harrell brings additional stability to our operations team with his diversified background in construction with both field and office experience,” Hinkson said.

During his 31 years at Sigma, Horton was instrumental in the company’s growth and success. He worked closely with many of its largest repeat clientele, including many nationally based household names including such notable clients as Fry’s/Kroger, CVS/pharmacy, AutoZone and Mountainside Fitness.

“Ken has been an integral part of the Sigma family for many years and he will be missed,” Hinkson said. “As he rides off into the sunset on his Harley, we only have foud memories and best wishes for a happy retirement.”

 

by Nov 07, 2019
Fidelity National Title Agency hires Franklin DeLaCruz as VP, Commercial Account Manager

Fidelity National Title Agency hires Franklin DeLaCruz as VP, Commercial Account Manager

News & Updates

SCOTTSDALE, ARIZONA (NOVEMBER 6, 2019) – Fidelity National Title Agency, Inc. is pleased to announce that Franklin DeLaCruz, MRED, has joined the company as Vice President, Commercial Account Manager.

DeLaCruz brings more than 18 years of experience in the commercial real estate and capital development field. He holds a master’s degree in real estate development from Arizona State University, a master’s degree in general management and finance from Stevens Institute of Technology and a bachelor’s degree in civil engineering and mathematics from Manhattan College.

Prior to joining Fidelity, DeLaCruz was instrumental in raising private equity and consulting principals on repositioning and reselling distressed commercial assets with favorable returns. He has been a financial analyst, project engineer and project manager for national leaders in construction and provided oversight for acquisition and syndication of distressed asset portfolios.

“Fidelity National Title Agency’s plan for the growth of our commercial sales team, to include Franklin DeLaCruz, is very exciting,” said Mary Lou Paulk, Fidelity National President and County Manager. “We believe that his industry experience and background will be an additional value to our relationships within the commercial real estate community.

Originally from New York, DeLaCruz has been in the Valley for six years and is involved in Urban Land Institute (ULI), NAIOP, Valley Partnership, CCIM and the Arizona Real Estate Council.

by Nov 06, 2019
CCIM Central Arizona chapter leads way with 8 commercial professionals to earn designation

CCIM Central Arizona chapter leads way with 8 commercial professionals to earn designation

News & Updates

     PHOENIX, ARIZONA (November 6, 2019) – A record eight Arizona commercial real estate professionals recently earned the prestigious Certified Commercial Investment Member (CCIM) designation by the CCIM Institute.

The designation was awarded to CCIM Central Arizona chapter members in a pinning ceremony at its fall meeting in October. A total of 228 new designees passed the comprehensive exam recently in San Diego.

The Central Arizona chapter had eight members receive their CCIM Designation. Central Arizona led the region with the most designees pinned. Newly pinned were:

Rebecca Bedford, CCIM, American Healthcare Investors; John Dunlap, CCIM, RRA Capital; Blake Hardison, CCIM, Keyserco Company; Clint Hardison, CCIM, Keyserco Company; Michael Marsh, CCIM, Lee & Associates; Trenton McCullough, CCIM, Levrose; Jason Reddington, CCIM, Levrose; and Randy Schneider, CCIM, Newmark Knight Frank.

“Through the CCIM Central Arizona chapter’s mission, and volunteer efforts, members have access to a comprehensive selection of commercial investment (CI) class programming in Arizona and throughout the region,” said Jenette Bennett, CCIM, Kidder Mathews, President of the CCIM Central Arizona chapter. “Those who are ready to put in the time for class work will have options that work for their schedule.”

Added Marina Hammersmith, CCIM, Ensemble Real Estate Solutions, and incoming chapter President for 2020: “We are looking forward to additional classes in 2020, including a development certification track.”

To earn the CCIM designation, commercial real estate professionals must complete more than 160 hours of case-study driven education covering topics such as interest-based negotiation, financial analysis, market analysis, user decision analysis, investment analysis, and ethics in commercial investment real estate. Candidates must also compile a portfolio demonstrating the depth of their commercial real estate experience and pass a comprehensive examination.

Learn more about CCIM Institute’s education and designation program at ccim.com.

 

 

 

by Nov 06, 2019