NAI Horizon agents facilitate trio of deals totaling almost $10M, including former Serrano’s building

NAI Horizon agents facilitate trio of deals totaling almost $10M, including former Serrano’s building

News & Updates

PHOENIX, ARIZONA (July 23, 2024) – NAI Horizon agents facilitated a trio of recent deals totaling $9.78 million. They included two retail properties for a total of $7.43 and a mobile home park for $2.35 million.

Sales Transactions:

Lane Neville, Cole Neville, Brandon Hall, Whitney Heritage and Matt Westra negotiated the sale of a 13,250 SF retail building for $4.58 million representing the seller, Serrano Family Limited Partnership. The property is located at 141 S. Arizona Ave., Chandler, AZ. The buyer, JAM Management, LLC was represented by Peter Sciacca with Launch Real Estate.

Lance Sherwood negotiated the sale of a 9,358 SF retail building for $2.85 million representing the buyer, 500 Gilbert, LLC. The property is located at 500 S. Gilbert Road, Gilbert, AZ. The seller, Angel Day Care, LLC was represented by Matthew Leonard, Jeff Tricco and Dawn Werley with LevRose Commercial Real Estate.

Andrew Warner negotiated the sale of a mobile home park for $2.35 million representing the seller, Cecil C. Chesser. The property is located at 6308 S. Nogales Highway, Tucson, AZ. The buyer, DT97 Desert Retreat, LLC was self-represented.

Lease Transactions:

Jeffrey Garza Walker represented both the landlord, CPLC Pickle House, LLC and the tenant, Archwood Community Resource Empowerment Strategy in a 132-month retail lease for 13,107 SF at 1401 E. Van Buren St., Phoenix, AZ.

Dylan Whitwer and Don Morrow represented the landlord, FFEC Wealth Partners, LLC in a 36-month office sub-lease for 12,150 SF at 7047 E. Greenway Parkway, Scottsdale, AZ. The tenant, Cogir Management USA, Inc. was represented by Amy Trott with CBRE.

 Don Morrow and Dylan Whitwer represented both the landlord, Southwest Commercial Property, LLC and the tenant, Del Rio Center, in a 62-month office lease for 2,572 SF at 1990 W. Camelback Road, Phoenix, AZ.

Matt Harper, CCIM represented the landlord, ECC Holdings, LLC in a 120-month retail lease for 1,707 SF at 9021 W. Camelback Road, Phoenix, AZ. The tenant, Fred Loya Insurance Agency, Inc. was represented by Lizette Borbon & Carl Jones with DeRito Partners.

Thomas Bean, CCIM represented the landlord, La Costa Place, LLC in a 12-month office renewal for 8,756 SF at 4131 N. 24th St., Phoenix, AZ. The tenant, NOAH, was self-represented.

Jay Mininberg, JD, represented the landlord, ZHENG FENG QING and CHEN GUOWEN 50-month retail lease for a 1,277 SF second-generation restaurant property at 719 E. Roosevelt St., Phoenix, AZ. The tenant, Big Bacons, LLC was self-represented.

Matt Harper, CCIM represented the tenant, Icon Mechanical, LLC in a 36-month industrial renewal for 4,508 SF at 3673 S. Bullard Ave., Goodyear, AZ. The landlord, Pegasus West Valley South Owner, LLC was represented by Scott Wiley with Citywide Commercial Real Estate.

Jeff Adams represented the tenant, Scottsdale Pain Rehabilitation & Wellness PLLC in a 36-month medical building lease for 1,076 SF at 8406 E. Shea Blvd., Scottsdale, AZ. The landlord, Bayview Holdings, LLC was represented by Jonathan Rigau and John Rigau (Sr.) with Terrafirma Management & Brokerage.

Dylan Whitwer and Don Morrow represented the landlord, Blessed 777 in a 60-month office lease for 637 SF at 8828 N. Central Ave., Phoenix, AZ. The tenant, Windtberg Law PLC was self-represented.

Don Morrow and Dylan Whitwer represented both the landlord, Southwest Commercial Property, LLC and tenant, Del Rio Center in a 62-month office lease for 918 SF at 1990 W. Camelback Road, Phoenix, AZ.

Matt Harper, CCIM represented the landlord, MAZ Northern Plaza, LLC in a 39-month retail lease for 1,650 SF at 5008 W. Northern Ave., Glendale, AZ. The tenant, Wallcar Games, LLC, was represented by Parker Dunn with Lee & Associates.

Whitney Heritage represented the tenant, USA Pickleball Association, in a 24-month industrial lease for 1,440 SF at 625 S. Smith Road, Tempe, AZ. The landlord, Fifth Street Commerce Center, LLC was represented by Cory Breinholt with Commercial Properties, Inc.

Thomas Bean, CCIM and Matt Harper, CCIM represented the landlord, El Divine Oasis in a 12-month office lease for 1,541 SF at 2715 W. Northern Ave., Phoenix, AZ. The tenant, SoCal Health was represented by Cristina Lopez with Weichert-Rattler.

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 in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 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 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional 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 Jul 23, 2024
AZCREW’s 2024 Woman Icon celebration Sept. 18 to also include inaugural Woman Icon Award

AZCREW’s 2024 Woman Icon celebration Sept. 18 to also include inaugural Woman Icon Award

News & Updates

PHOENIX, ARIZ. (July 22, 2024) – Along with the 2024 Woman Icon celebration, AZCREW proudly announces the inaugural Woman Icon Award winner, created to honor a trailblazing woman in the commercial real estate industry.

AZCREW, the commercial real estate organization that exists to transform the industry by advancing women globally, presents Dr. Jen Welter, the first female coach and player in NFL history, on September 18 from 4 p.m. to 7 p.m.

Dr. Welter is also the author of “Play Big” in which she reveals the grit and determination it took to be a trailblazer in one of the country’s toughest boys’ clubs.  With a career studded with several firsts, Dr. Welter made history when she coached the Arizona Cardinals’ inside linebackers for their 2015 training camp.  Dr. Welter is a powerful role model and an inspiring reminder that barriers are meant to be broken.

AZCREW will also announce the winner of the inaugural Woman Icon Award at the event. This prestigious honor was designed to celebrate exceptional leadership, innovation, and impact, recognizing those who have paved the way for future generations.

“Establishing this award has been a labor of love for our board, as we are passionate about celebrating the achievements of women who have dedicated their careers to excellence in commercial real estate,” said AZCREW President Jenny Liles with Cresa. “By highlighting their leadership and visionary contributions, we hope to inspire future generations and reaffirm our organization’s goals of fostering an inclusive and dynamic industry.”

Nominations for this award will be reviewed by the AZCREW Executive Board & Nominating Committee. The nomination deadline is close of business on July 26. The nomination form can be found here.

“We are thrilled to introduce this inaugural award, which reflects our commitment to recognizing the outstanding contributions of female leaders in the commercial real estate industry,” said AZCREW President-Elect Lynette Dreitz Fort with Cawley Architects. “We worked diligently to create criteria that honor a woman’s tenure, innovation, leadership, and impact in shaping the future of our industry. This award aligns perfectly with our mission to promote diversity, excellence, and the empowerment of women in commercial real estate.”

Ticket prices for the Woman Icon event are $175 for AZCREW members and $200 for non-members. The event location will be provided with registration. Registration, networking, appetizers, and cocktails is from 4 p.m. to 5:20 p.m. Dr. Welter will speak from 5:30 p.m. to 6:30 p.m. Networking will continue from 6:30 p.m. to 7 p.m. Register here.

About AZCREW:

AZCREW is the local affiliate of CREW Network. CREW Network is at the forefront of achieving gender equity and greater diversity in commercial real estate. We will achieve this by transforming the industry by advancing women globally. Our membership offers unparalleled business development, leadership opportunities and networking both locally in your market and globally across our 12,000-member base. For more information visit arizonacrew.org.

###

by Jul 22, 2024
Expert panel to discuss multifamily, student, senior housing at AZCREW’s August 20 event

Expert panel to discuss multifamily, student, senior housing at AZCREW’s August 20 event

News & Updates

      PHOENIX, ARIZ. (July 18, 2024) – AZCREW, the commercial real estate organization that exists to transform the industry by advancing women globally, brings together a panel of experts to discuss the multifamily, student housing, and senior markets in Arizona.

Join AZCREW for a fascinating look into the Arizona Living Products Market. Recently Arizona has been a hotbed in the all-ages rental housing industry. What is happening in those markets? What are the challenges and opportunities?

Speakers include Tammy Carr, Director of Business Development, Brinkman Constructors; Cindy Cooke, Vice Chair | Arizona, Colliers Cooke Multifamily Team; Geoff Jacobs, Managing Partner, Aspirant Development; Paul Tuchin, Phoenix Market Leader, Trammell Crow; and Manjula Vaz, Member, Gammage & Burnham.

“The living product markets have been really interesting for Arizona for the last handful of years. We’ve heard our market’s supply was behind population growth,” Carr said. “After explosive years from 2019 through mid-2023, a perfect storm of land and construction pricing, debt and equity requirements, and interest rate hikes successfully started to cool our market. But what about the demand? Hear from Aspirant Development and Trammell Crow on their market views and Collier’s and Gammage & Burnham on how their book of clients are approaching these dynamic markets.”

The August 20 event is from 11:30 a.m. to 1 p.m. at ASU SkySong, Building 3, 1365 N. Scottsdale Road, Scottsdale.

The registration fee is $55 for members; and $75 for non-members. Register here.

 About AZCREW:

AZCREW is the local affiliate of CREW Network. CREW Network is at the forefront of achieving gender equity and greater diversity in commercial real estate. We will achieve this by transforming the industry by advancing women globally. Our membership offers unparalleled business development, leadership opportunities and networking both locally in your market and globally across our 12,000-member base. For more information visit arizonacrew.org.

###

by Jul 18, 2024
Mural at Estrella Public Safety Facility honoring ‘Guardians of the Wilderness’ unveiled, dedicated

Mural at Estrella Public Safety Facility honoring ‘Guardians of the Wilderness’ unveiled, dedicated

News & Updates

     GOODYEAR, Ariz. (July 18, 2024) – A bobcat. A saguaro cactus. A wolf. Police and fire badges. A path system that connects the community. A celestial band with 19 stars. All are part of a mural at Fire Station 182 in Estrella that pays tribute to local guardians.

The City of Goodyear’s newest public artwork, “Guardians of the Wilderness,” was unveiled and dedicated on July 16 at the Estrella Public Safety Facility, 10701 Estrella Parkway. Created by Phoenix artist Kristine Kollasch of Fine Arts & Creative Environments, the mural holds multiple layers of meaning in eight panels of metal and ceramic tiles.

“Local guardians, including police officers, firefighters, and the wildlife you see stepping out your front door here in this beautiful environment are protectors,” Kollasch said. “The mural also features pathways that represent local trails, symbolizing the connections within the community and the natural beauty surrounding us.”

The three-month project was truly a community effort, Kollasch said. This included the idea phase, securing approval from the City of Goodyear Arts & Culture Commission, constructing the mural with Estrella community members, and the installation on June 25.

“Part of what I like to do as a public artist is to create community-based public art. It’s about getting the public involved in a feasible way,” Kollasch said. “One of my strengths is to go into a community and work with all the stakeholders. For this project, we worked primarily with the community of CantaMia. They have their own art program and art room. That was a blessing.”

     Kollasch hosted tile-making and glazing workshops, engaging students from Estrella Foothills High School and residents from Estrella’s 55+ community, CantaMia, who created more than 1,000 unique tiles that contributed to the mosaic.

The theme “Guardians of the Wilderness” evolved as the mural was being developed, Kollasch said. Estrella community members were sent a survey asking what they wanted the mural to represent. From approximately 250 surveys that were filled out and returned, three themes resonated: public service, the natural environment, and the path system that winds through the trails of the Estrella Mountains and into the neighborhoods.

“There is no question that the mountains, natural desert, and open trails surrounding Estrella have been our best amenities for almost 40 years. This project encompasses all of those things, and we’re thrilled with the results. Congratulations to everyone involved,” said Jeff Zimmerman, Vice President of Development with Estrella Development Company.

The team from Fine Art & Creative Environments scheduled workshops to begin the tile-making process. More than 50 residents from CantaMia signed up, Kollasch said, with 25 producing tiles in the morning and the other 25 producing tiles in the afternoon. Students from Estrella Foothills High School created the tiles for the saguaro panel.

The frames were built by metal fabricator E2 Innovations and then transported to Kollasch’s studio where the final panels were constructed. All eight panels were laid out, the concrete boards were built, and mosaic tiles were placed. Kollasch said her team is especially proud of the celestial band across the top. It includes 19 stars that honor the memory of the Granite Mountain Hotshots who perished in the Yarnell Hill fire in 2013.

“This is truly a community art piece,” Kollasch said. “After the initial workshops, the residents of CantaMia said they wanted to do more. They helped with the glazing process, which took some time. It really helped as we faced a super tight time frame. They did such a great job. This is part of their community.”

CantaMia resident Shirley Davidson, one of the many volunteers who attended the dedication ceremony, carefully examined the mural, looking for her tile. There it was: with the initials of family members who also volunteered.

“I work at the art studio at CantaMia, so I was happy to help those who didn’t know how to work with clay,” Davidson said. “It was so much fun. They had us come back a month later to do glazing. The best part is seeing the flower tiles my family made. This was a true community effort. We are thrilled to be leaving a lasting mark on the City of Goodyear.”

Community leaders who attended the dedication ceremony included members of the Arts & Culture Commission and City of Goodyear Mayor Joe Pizzillo.

 About Estrella

Home to more than 8,000 families, Estrella is a 20,000-acre mixed-use master-planned community located in the City of Goodyear, approximately 17 miles west of Phoenix. Estrella’s 500-plus acres of open space include more than 50 parks and 65 miles of paths and trails, plus 72 acres of lakes for kayaking, sailing, and catch-and-release fishing. Amenities include Starpointe and Presidio Residents’ Clubs, the Yacht Club of Estrella, two fitness centers, resort-style swimming pools, basketball, volleyball, pickleball, and tennis courts. Estrella is also home to a Nicklaus-design Championship golf course, The Golf Club of Estrella. Estrella is owned in a joint venture among Värde Partners, Toll Brothers, and Harvard Investments. For more information about Estrella, please visit estrella.com.

###

 

 

by Jul 18, 2024
Wespac Construction breaks ground on Papago Golf House, to serve numerous golf organizations

Wespac Construction breaks ground on Papago Golf House, to serve numerous golf organizations

News & Updates

     PHOENIX, Ariz. (July 18, 2024) – Wespac Construction, Inc. has announced the groundbreaking of the Papago Golf House, a new 14,100 SF office building located adjacent to the Papago Golf Clubhouse and Pavilion, 5595 E. Karsten Way, as well as the Arizona State University Golf Team Practice Facility.

The project will serve as the headquarters for numerous state and national golf organizations involved with public and recreational golf.

“We are excited to partner with the Arizona Golf Foundation, the City of Phoenix, Troon Golf, Papago Golf Club, and Arizona State University on this important project,” said Kirk Jonovich, Principal/Vice President at Wespac Construction, Inc. “The Papago Golf House will provide a state-of-the-art facility for these organizations, enhancing their ability to promote and support golf at all levels.”

Designed by Douglas Fredrikson Architects, the building will feature a modern and functional design that complements the existing architecture on site. The one-story building will include offices, conference rooms, storage areas, exterior patios, and a courtyard. Parking for the facility will be located west of the building.

The Papago Golf House is a testament to the growing popularity of golf in Arizona and this project will provide a centralized hub for local and national organizations to collaborate, host events, and serve the golf community. Construction is expected to be completed in spring 2025.

About Wespac

Established in 1991, Wespac Construction Inc. is a general contracting and construction management firm, offering pre-construction and construction services in various market sectors. From small tenant improvement projects to large shell and master-planned communities, Wespac is a true partner to our clients throughout the entire project lifecycle. We pursue the art of construction, while contributing knowledge, leadership, passion, and commitment to every employee, client, and project team. Wespac has offices in Phoenix and Flagstaff, Arizona. For more information visit www.wespacaz.com.

###

by Jul 18, 2024
2024 Most Influential Women in Arizona includes CG Schmidt General Manager Nicole Cuéllar

2024 Most Influential Women in Arizona includes CG Schmidt General Manager Nicole Cuéllar

News & Updates

     PHOENIX, Ariz. (July 16, 2024) – Nicole Cuéllar, General Manager of the Arizona office of construction firm CG Schmidt, has been selected as one of the Most Influential Women in Arizona Business for 2024.

Cuéllar is featured on the cover of the July issue of Az Business magazine, profiled inside the magazine, and will be honored at the corresponding Most Influential Women in Arizona celebration dinner on Thursday, August 22, at Chateau Luxe at 1175 E. Lone Cactus Drive, Phoenix, 85024.

“Based on nominations, women who have been in the news over the past year and recommendations from former Most Influential Women, there were nearly 1,900 women under consideration to be one of the Most Influential Women in Arizona Business for 2024,” says Az Business Publisher Amy Lindsey. “The fact that we are more than a decade into the Most Influential Women program and still have 1,900 women under consideration is a testament to the depth of female leadership we have in Arizona.”

From those 1,900 women, the editorial board of Az Business in conjunction with a panel of 12 judges made up of former Most Influential Women, selected the women who are being honored in 2024.

CG Schmidt opened its Arizona office in 2023. It offers clients a complete range of construction services from planning and development through close-out. The firm is headquartered in Milwaukee, Wisconsin, and led by President Eric Schmidt, CEO & Chairman of the Board Rick Schmidt, and COO Mike Abuls. CG Schmidt is located at 999 E. Playa del North Drive, Suite 110, in Tempe, Arizona.

For more information on the Most Influential Women in Arizona celebration dinner, visit azbigmedia.com.

 About CG Schmidt

CG Schmidt, a family-owned company since 1920, CG Schmidt is a leader in quality construction management, general construction and design-build services with offices in Arizona and Wisconsin. The company serves the markets of education, healthcare, senior living, multi-family, corporate, industrial, community and religious facilities. As a fifth-generation firm, CG Schmidt is a respected industry leader. The company has built a reputation for tackling the most complex and recognizable projects to create quality, state-of-the-art buildings in communities across the nation. For more information, please visit www.cgschmidt.com.

About AZ BIG Media

 For more than 35 years, AZ Big Media has been bringing readers the state’s most compelling business, real estate and lifestyle news through the print editions of Az Business and AZRE magazines, Ranking Arizona, Az Business Leaders, Experience AZ, People & Projects to Know, Arizona Business Angels and Play Ball, the only official spring training publication of The Cactus League. The company’s news website — azbigmedia.com — serves as a complement to its print publications and incorporates up-to-the-minute breaking news, compelling business stories, C-Level executive editorial profiles and much more. Additionally, AZ Big Media’s social media following is interested and engaged, and provides additional opportunities for news to be read, shared and discussed.

###

by Jul 16, 2024
Harvard Investments closes on a pair of land sales in San Tan Valley; buyers plan to develop single-family, build-to-rent communities

Harvard Investments closes on a pair of land sales in San Tan Valley; buyers plan to develop single-family, build-to-rent communities

News & Updates

     SCOTTSDALE, ARIZONA (July 16, 2024) – Harvard Investments closed on land sales to a homebuilder and multifamily developer who plan to construct single-family residences and build-to-rent units, respectively, in the growing, unincorporated community of San Tan Valley, Arizona. The two sales fetched $15.4 million.

Harvard Investments, a real estate investment and development company, sold 133 guaranteed finished lots on 35.3 acres to Los Angeles-based KB Home for $7.1 million at the NWC of North Gantzel and East Bella Vista roads in the Bella Camino development. The 133 single-home sites are expected to be 45 feet by 115 feet.

According to KB Home, Bella Camino intends to offer great amenities including a park with picnic tables, a grilling station, and a children’s playground.  It will offer three- to four-bedroom homes ranging from 1,400 SF to 2,500 SF.

In the second sale, Harvard Investments sold a 21.8-acre parcel to Phoenix-based NexMetro Communities for $8.3 million, also at the NWC of North Gantzel and East Bella Vista roads. The site is zoned for 284 build-to-rent units on the vacant, entitled land located in Pinal County.

NexMetro plans to develop Avila Bella Camino in San Tan Valley. Avila Homes neighborhoods feature single-story, detached homes with open floor plans, 10-foot ceilings, high-end finishings, and private backyards and front porches.

“These two transactions represent Harvard Investments’ sell out of the Bella Camino community,” said Amy Weidman, Vice President of Development for Harvard Communities. “It’s exciting to see the residential parcels sell amid previous land sales for a charter school, church, and retail center. KB Home and NexMetro Communities are in a position to bring much-needed housing to this bustling region of Pinal County.  Harvard looks forward to finding new opportunities to develop communities in the bustling San Tan Valley.”

Nate Nathan and Courtney Buck with Scottsdale-based Nathan & Associates Inc., facilitated the deals on behalf of Harvard Investments and the two buyers.

“Nathan & Associates Inc. is thrilled KB Home and NexMetro are joining the community of Bella Camino in the exploding area of SanTan Valley,” Nate Nathan said. “The addition of new employment, schools, churches, and new master plans has made this a blossoming area. “

 About Harvard Investments  

Harvard Investments, Inc. is a real estate investment and development company with real estate holdings throughout the Western United States. Harvard combines experience, integrity, and financial stability to create high-quality, environmentally sensitive, profitable communities including both large-scale master-planned communities and build-to-rent neighborhoods. Harvard’s Canadian parent, the Hill Companies, is a privately held diversified company involved in real estate development including construction and leasing of commercial office buildings and retail properties, oil and gas production and distribution, broadcasting, surety bonding, and insurance. The Hill Companies celebrated its 121st year of continuous family ownership and operation in 2024. To learn more visit harvardinvestments.com.

###

by Jul 16, 2024
NAI Horizon represents the seller in $1.2M sale of an industrial flex building in Deer Valley Airpark

NAI Horizon represents the seller in $1.2M sale of an industrial flex building in Deer Valley Airpark

News & Updates

    PHOENIX, ARIZONA (July 15, 2024) – NAI Horizon facilitated the $1.224 million disposition of an industrial building in the Deer Valley submarket, an asset that sits 9 miles from the Taiwan Semiconductor Manufacturing Company plant in North Phoenix.

NAI Horizon’s Jay Mininberg, J.D., represented the seller, MM2 Myrtle, LLC, of Phoenix, in the disposition of Deer Valley Business Center II, 1745 W. Deer Valley Road, Suite 108, Phoenix. The industrial property totals 4,000 SF.

“It was a highly sought-after asset, The buyer submitted an aggressive offer with like terms,” Mininberg said.

Built in 2005 and renovated in 2022, Deer Valley Business Center II is a two-story owner-user flex warehouse office in the highly sought-after Deer Valley Airpark.

The buyer is an owner-user, J. Charles Hakala and Laurie Marr Hakala, Trustees of the Hakala Living Trust. The buyer was represented by Zak Kottler and Joe Cosgrove with LevRose Commercial.

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 in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 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 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

 

NAI Global provides a complete range of corporate and institutional 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 Jul 15, 2024
Wespac Construction announces completion of LEED-certified industrial facility in Surprise, Az.

Wespac Construction announces completion of LEED-certified industrial facility in Surprise, Az.

News & Updates

     SURPRISE, Ariz. (July 15, 2024) – Wespac Construction, Inc. is proud to announce the completion of Surprise Crossings, a state-of-the-art, LEED-certified industrial shell building. This impressive 274,040 SF facility situated on a sprawling 16.23-acre site represents a significant milestone in sustainable construction and innovative industrial design.

The asset is owned and developed by Panattoni Development Co. It was designed by Cawley Architects. JLL is the broker. The project team is proud to bring this distinctive space to the Valley. Surprise Crossings, 13301 N. 137th Ave., showcases advanced features and amenities tailored to meet the evolving needs of modern industrial operations.

“Our team at Wespac Construction is thrilled to deliver Surprise Crossings, a project that shows our commitment to quality, innovation, and sustainability,” said Matt McPherron, Senior Project Manager of Wespac Construction, Inc. “This facility is not only a testament to our industrial experience but also our dedication to building spaces that meet the highest standards of environmental and operational efficiency.”

The building’s structure is made of durable concrete tilt panels, accentuated by an architecturally striking entry corner that combines storefront glass, aluminum composite material (ACM), and corrugated metal panels. The facility is designed for maximum efficiency and flexibility, featuring both ramp-up and grade-level sectional doors to accommodate a variety of operational requirements.

The site infrastructure includes two underground retention systems, each utilizing 10-foot diameter aluminized corrugated metal pipes, ensuring effective stormwater management. The dock area is designed with 8-inch PCCP for enhanced durability, providing ample semi-truck parking. The entire dock area is secured with both automatic and manual rolling gates, offering reliable access control and security.

Additionally, the site is rail spur ready, with three different options designed for rail service to the property to meet various user needs. This flexibility in rail access emphasizes the site’s strategic location for industries relying on efficient transportation.

The interior of Surprise Crossings is equally impressive. The spec suite boasts a welcoming lobby with a soaring 24-foot-high ceiling adorned with elegant wood slats, creating a sophisticated first impression. The suite includes a mix of open and private office spaces, a break room, and a conference room, as well as restrooms that serve both the office and warehouse areas. This thoughtful design ensures a comfortable and productive environment for future tenants.

As a LEED-certified building, Surprise Crossings demonstrates a commitment to sustainability, incorporating energy-efficient systems and environmentally responsible construction practices. This certification underscores Wespac Construction’s ongoing dedication to building a greener future.

About Wespac

Established in 1991, Wespac Construction Inc. is a general contracting and construction management firm, offering pre-construction and construction services in various market sectors. From small tenant improvement projects to large shell and master-planned communities, Wespac is a true partner to our clients throughout the entire project lifecycle. We pursue the art of construction, while contributing knowledge, leadership, passion, and commitment to every employee, client, and project team. Wespac has offices in Phoenix and Flagstaff, Arizona. For more information visit www.wespacaz.com.

###

by Jul 15, 2024
NAI agents facilitate sales of land, medical office, and industrial building totaling more than $15.8M

NAI agents facilitate sales of land, medical office, and industrial building totaling more than $15.8M

News & Updates

     PHOENIX, ARIZONA (July 10, 2024) – NAI Horizon professionals facilitated deals totaling more than $15.8 million with the sales of two parcels of land, a medical office building, and an industrial building.

Sales Transactions:

Lane Neville, Cole Neville, Brandon Hall, Whitney Heritage, and Matt Westra negotiated the sale of a 22,500 SF medical building for $7.3 million, representing the seller, Tolis Advisors. The property is located at 655 S. Dobson Road, Chandler, AZ. The buyer, Provider Real Estate Partners, LLC, was self-represented.

Troy Giammarco and Joe Pequeno negotiated the sale of 20.3 acres of industrial land for $7.2 million, representing the seller, 29 Palms RV & Boat Storage, LLC. The property is located at 22611 N. 159th Ave., Surprise, AZ. The buyer, US Storage LLC, was represented by WCI Borders Business Opportunities & Real Estate.

Jeffrey Garza Walker negotiated the sale of 14,000 SF of an industrial building for $1 million, representing the buyer, Superstition Frame and Drywall. The property is located at 425 S. Main St., Coolidge, AZ. The seller, Spillman Koplin, LLC, was self-represented.

Troy Giammarco and Joe Pequeno negotiated the sale of 27,442 SF of land for $315,000 representing the seller, New Impact Ministry. The property is located at 5954 W. Grand Ave., Glendale, AZ. The buyer, Ponderosa Properties of Arizona, LLC was self-represented.

Lease Transactions:

Matt Harper, CCIM represented the landlord, BS Gordon Holdings, LLC in a 120-month retail lease for 3,055 SF at 7280 W. Bell Road, Glendale, AZ. The tenant, Winpin 85 Investments, LLC, was represented by Chuck Wells with Kidder Mathews.

Thomas Bean, CCIM and Laurel Lewis, SIOR represented the landlord in a 51-month office lease for 3,446 SF at 2165 W. Pecos Road, Chandler, AZ. The tenant, BReal Productions, LLC was represented by Schuler/Teeter with CBRE.

Matt Harper, CCIM and Leah Motsinger represented the landlord, Robert and Arlene Thatcher in a 41-month retail lease for 4,050 SF at 5832 W. San Miguel Ave., Glendale, AZ. The tenants, Jesus Guerra and Naid Mera were self-represented.

Matt Harper, CCIM and Leah Motsinger represented the tenant, Meta PC, LLC, in a 38-month lease for 1,800 SF at 110 S Val Vista Drive, Gilbert, AZ. The landlord, Jabbel Holdings, LLC was self-represented.

Thomas Bean, CCIM  and Mike Lindeman NAI Corp Services, represented the landlord, Orora Packaging Solutions, in a 7-month office sublease for 12,277 SF at 1900 W. University Drive, Tempe, AZ. The tenant, JA Solar AZ, was represented by Jason Bingham with  Distinguished Properties.

Matt Harper, CCIM represented both the landlord, United Group, LLC and tenant, TBA Enterprises-2, LLC, in a 38.5-month retail lease for 1,035 SF at 727 W. Ray Road, Gilbert, AZ.

Matt Harper, CCIM and Leah Motsinger represented the landlord, Carol Investment Corp. in a 37-month retail lease for 986 SF at 4337 W. Indian School Road, Phoenix, AZ. The tenant, J&S Beauty Supply was self-represented.

Matt Harper, CCIM and Leah Motsinger represented the landlord, Robert and Arlene Thatcher in a 12-month retail lease for 650 SF at 5832 W. San Miguel Avenue, Glendale, AZ. The tenant, Petra Lopez was self-represented.

Matt Harper, CCIM, and Thomas Bean, CCIM, represented the landlord, Ruth E. Davies, in a 12-month office lease for 420 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Strategic Pizza, was self-represented.

About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 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 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional 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 Jul 10, 2024