NAI Horizon facilitates sale of 211.5 acres in Casa Grande that comes to fruition after 14 years   

NAI Horizon facilitates sale of 211.5 acres in Casa Grande that comes to fruition after 14 years  

News & Updates

     PHOENIX, ARIZONA (June 29, 2022) – NAI Horizon facilitated the $2.53 million sale of a swath of land in Casa Grande, Arizona, that had been listed with NAI Horizon 14 years ago as the proposed Morado Hills Industrial Park.

The property sits +/-1.5 miles directly north of and across Interstate 8 from the 2,360-acre Attesa Motorsports Racetrack that is currently under construction.

Senior Vice President John Filli – an industrial, land, and investments sales specialist with NAI Horizon – represented the seller, Talon Mountain, LLC, a Nevada limited liability company, in the disposition of 211.5 acres (9.2 million SF) at the SEC of the intersection of Montgomery Road and Selma Highway in Casa Grande.

“In looking back over the more than 14 years that I have had the listing assignment for the sale or lease of the property, I have to admit that there were a few times when I thought about relinquishing the listing. As it turns out, I never did. Now here we are today with this disposition of 211 acres.”

At the beginning of the 14-year listing period, Filli opened escrow with the Arizona State Prison System. However, escrow was soon canceled due to resistance to the proposed use received from the Town of Casa Grande Public School System.

On June 15, 2011, Filli completed a 40-year ground lease between the owner of Morado Hills and One Energy Renewables of Seattle. The lease remained in place for 1½ years when it was canceled for reasons related to the economy.

Lisa Hauger with Sun Commercial Real Estate Inc. provided the listing referral to Filli. Kavitha Pindi with DHS Realty Texas was the procuring agent. The buyer was Magnum Estates LLC, a Texas limited liability company.

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 more than 300 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 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 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 and a gross revenue of $1.5 billion.

NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more visit www.naiglobal.com.

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by Jun 29, 2022
Encore Landscape Management named one of the Best Landscape and Lawn Care Companies to Work For in 2022 by industry publication

Encore Landscape Management named one of the Best Landscape and Lawn Care Companies to Work For in 2022 by industry publication

News & Updates

     PHOENIX, ARIZ. (June 27, 2022) – Encore Landscape Management was recently named as one of the 2022 Best Landscape and Lawn Care Companies to Work For. This inaugural awards program was created in 2022 and is a project of Lawn & Landscape magazine and Best Companies Group.

This survey and awards program was designed to identify, recognize, and honor the best places of employment, benefiting the industry’s economy, its workforce, and businesses. The 2022 Best Landscape and Lawn Care Companies to Work For list comprises 15 companies.

“Our culture is everything,” said Mike DiFabbio, Co-Owner of Encore Landscape Management. “When we started the company, we locked ourselves in a room for a couple days to hammer out our vision and values and determine what was important to us. The environment that we provide for our employees was a common theme we kept coming back to.

“We’d all been a part of some good companies in the past, but we knew we could create something really special for our employees at Encore. So, to be recognized for that and to be voted as a top place to work in our industry is truly an honor,” DiFabbio said.

Encore Landscape Management will be recognized in the June edition of Lawn & Landscape where the rankings will be revealed for the first time along with profiles of each winning company.

“Encore is intentional about creating an environment in which our employees feel good and are absolutely valued. We work hard and play hard, and it’s an honor to be recognized for the workplace we’ve created,” said Co-Owner Juan Hernandez.

To be considered for participation, companies had to fulfill the following eligibility requirements:

  • Have 50% or more of revenue coming from landscaping services, which includes maintenance, chemical lawn care, irrigation, design/build, hardscapes, tree care and interior landscaping, and landscape lighting;
  • Be a publicly or privately held business;
  • Be a for-profit or not-for-profit business;
  • Be based in the U.S. or Canada;
  • Have a minimum of 15 full-time or part-time employees working in the U.S. or Canada;
  • Must be in business a minimum of 1 year.

“These companies exemplify the professionalism and excellence that the industry can provide,” said Brian Horn, Editor of Lawn & Landscape magazine. “Lawn & Landscape is proud to acknowledge these businesses and tell some of their stories.”

Companies in the industry entered the two-part process to determine the Best Landscape and Lawn Care Companies to Work For. The first part consisted of evaluating each nominated company’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation.

The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final rankings. Best Companies Group managed the overall registration and survey process and also analyzed the data and used their expertise to determine the final rankings.

For more information about Encore Landscape Management visit encorelm.com.

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by Jun 27, 2022
On Point Architecture flexes its creative muscle with a diverse array of projects including a gym and a church that exude imaginative design   

On Point Architecture flexes its creative muscle with a diverse array of projects including a gym and a church that exude imaginative design  

News & Updates

     MESA, ARIZ.  (June 27, 2022) – A church that has been a landmark in Mesa since 1962 blessed with an extensive remodel. A vacant office supply store transformed into a healthy exercise space. Two self-storage facilities that show off imaginative and sophisticated design.

On Point Architecture, a woman-owned small-business firm, has recently been flexing its design muscle with a diversity of projects across Arizona. They include:

  • The $2.6 million revitalization of iconic Trinity Church in Mesa;
  • The transformation of a “lifeless big box” into the Alta Boulders rock-climbing gym in Chandler;
  • Full architectural design including site and buildings at San Tan Self Storage in San Tan Valley;
  • Currently in design, Success RV & Boat storage facility in Vail, Arizona.

“I am a firm believer that when a client requires architectural services, attitude matters,” said On Point President/Architect Nicole Posten-Thompson, RA. “The diversity of these recent projects is a testament to the firm’s design acumen – from designing a self-storage asset that is in harmony with its site to a church that brings dreams to life and inspires its parishioners.”

Trinity Church Phase 1 Revitalization

Construction work is underway at Trinity Church, 2130 E. University Drive, Mesa. The renovation includes central courtyard upgrades with a new shade structure and playground equipment, four new classrooms, a new central kids check-in area, and new landscaping throughout the entire site. The church was recently rebranded to One Life Church, and new signage will be added to a modernized and bright campus.

Trinity Church has been a central landmark since 1962. Posten-Thompson has been involved in just about every upgrade and remodel since 2004. On Point developed a much-needed color palette for this campus revitalization to breathe life into the dated facility. The campus is currently a “mash-up of colors, a result of 59 years of upgrades and remodels,” Posten-Thompson said.

“We created new renderings so everyone can visualize how the new colors and an updated courtyard could provide a more pleasing, cohesive, and inviting campus to its current and potential congregation,” she said.

The general contractor is Concord General Contracting.

Alta Boulders

On Point designed the interior space and provided construction documents for the renovation of a vacant Office Max at 2945 S. Alma School Road, Chandler. The new climbing gym totals 20,760 SF.

On Point’s mission was to revive an “exhausted space.” The facility features a yoga studio, exercise room, smoothie bar, spin aerobics tiered classroom, locker rooms with showers, and a large area for rock climbing.

“We worked with a boulder wall designer in Bulgaria,” Posten-Thompson said. “While they designed the walls, we needed to coordinate the structural support of the walls with our structural engineer. We also provided complete architectural design guidance including floor plan, material section, permitting, and coordination for local county and city approvals.

“Our biggest challenges were incorporating large bouldering rock walls into the existing space and locating three exercise rooms around the space for efficiency and best use of space. This one got our heart rate revved up,” she said.

The general contractor is Horizons Commercial Contracting.

 

Shot for On Point Architecture and Interstate Development in San Tan Valley, AZ

San Tan Self Storage

This new 117,229 SF, 924-unit self-storage facility at 34487 N. Gary Road, San Tan Valley, could have been “ho-hum and casual,” Posten-Thompson said.

“Pinal County required the building to look ‘more like an office building’ from the street frontage,” she added. “The site fronts two roads and both needed to present a well-designed building.”

On Point knew just what to do. It combined a horizontal tile-like pattern on the façade, an enlarged parapet cornice, and modern steel paneling to create a cohesive and modern streetscape. An enlarged roof overhang announces the lobby entrance, and oversized windows provide comfortable natural lighting in the office area.

Additionally, On Point created large drop-off areas at each end of the climate-controlled buildings and easy access for three drive-up storage buildings.

The general contractor is TLW Construction.

Success RV & Boat Storage

On Point’s design acumen will be on display in Southern Arizona when this self-storage and RV and boat storage in Vail is complete in late 2023. The asset will comprise a 900 SF office building, a 60,000 GSF self-storage building, and 200,000 GSF of covered RV and boat storage space.

On Point provided site design for the 15-acre facility, building elevation design with color selection, and design review with the Vail Preservation Society.

“This project needed a special appearance, which presented interesting challenges because it needed to be cohesive with the Shrine of Santa Rita in the Desert on the National Register of Historic as its neighbor,” Posten-Thompson said. “We tinkered with a Mission Revival architectural style and have probably designed the finest-looking self-storage facility in the Southwest.”

The general contractor is TLW Construction.

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by Jun 27, 2022
LevRose CRE brokers facilitate deals in May totaling almost $23 million, more than 136,000 SF

LevRose CRE brokers facilitate deals in May totaling almost $23 million, more than 136,000 SF

News & Updates

     SCOTTSDALE, ARIZONA (June 22, 2022) – LevRose CRE/TCN Worldwide brokers facilitated deals in May totaling $22.8 million and 136,636 SF.

The top transactions for May:

Partners Danielle Davis and Trent McCullough; Vice President Mark Cassell; and Advisors Matt Beeks and Branden Mondragon represented the seller, Scottsdale Drinkwater Trust, in the $5.3 million sale of a 6,582 SF office at 4250 N. Drinkwater Blvd., Scottsdale. The buyer was Drinkwater Commercial Investments LLC.

Partners Danielle Davis and Trent McCullough and Advisor Branden Mondragon represented the landlord, Hudye Group, in the $4.9 million sale of an 11,160 SF retail building at 4333 N. Scottsdale Road, Scottsdale. The buyer was Galleria Triangle, LLC.

Partners Danielle Davis and Trent McCullough; Vice President Mark Cassell; and Advisor Matt Beeks represented the seller, Ocotillo Strategic Alliance LLC, in the $3.9 million sale of a 5,294 SF retail/office building at 3225 S. Alma School Road in Chandler. The buyer was Ocotillo Commercial Strategies LLC.

Partner Matt Leonard and Vice President Jeff Tricco represented the seller, FIFO, LLC, in the $3.45 million sale of a 68,187 SF medical office building at 560 W. Brown Road in Mesa. The buyer was 560 Brown Apartments, LLC.

Partners Zak Kottler and Joe Cosgrove and Senior Advisor Hunter Chasse represented the buyer, Kamani Properties 5001, LLC, in the $2.96 million acquisition of a 5,958 SF office building at 5001 N. Granite Reef Road, Scottsdale. The seller was Purple Feline Properties, LLC.

Vice President Mark Cassell and Advisors Landon McKernan and Matt Beeks represented the seller, Venus I, LLC, in the $2.3 million sale of a 10,440 SF industrial building at 707 E. Curry Road, in Tempe. The buyer was the Colyer Trust.

Partners Zak Kottler and Joe Cosgrove and Senior Advisor Hunter Chasse represented the tenant, Neon Logistics LLC, in a lease of 29,015 SF on the 7th and 11th floors at 6900 E. Camelback Road, Scottsdale. The landlord is WCCP 6900 Camelback LLC.

About LevRose

 LevRose Commercial Real Estate is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, LevRose has been helping clients with every aspect of leasing, buying, selling, and managing commercial properties. With some of the top professionals in the industry, LevRose takes a higher level of accountability for each client. Commercial Property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties. Learn more at levrose.com.

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by Jun 22, 2022
Renaissance Construction, a family-oriented industry leader, rebrands, and looks ahead to its next 30 years of building lasting relationships

Renaissance Construction, a family-oriented industry leader, rebrands, and looks ahead to its next 30 years of building lasting relationships

News & Updates

      SCOTTSDALE, ARIZ. (June 23, 2022) – A new company name. A new brand.  A new team of leaders. After 30 years, still – and always – a family business.

Historically known as an industrial new-build firm, Renaissance Construction – formerly Renaissance Companies – is rebranding and shifting its focus to encompass business on both ends, new-build and tenant improvements, among several market types, to support its overall strategy.

Founded in 1991, Renaissance Construction is also celebrating its 30th anniversary. The next chapter in the company’s story transcends the brand itself, further cementing its influence on the industry at large.

When Jill Porter took over the company as Chairwoman of the Board after the passing of her husband Craig Porter in 2020, Renaissance became the largest female-owned construction company in Arizona, a major differentiator for the organization and a milestone for the Southwest construction community.

“The reason Renaissance Construction is still going strong after 30 years in a highly transactional, rapid turnover industry? We are built on a strong foundation,” she said.

Jill Porter

Renaissance has become the gold standard in the Arizona construction industry and continues to build its reputation for doing things differently. The new brand is a representation of just that – it’s different.

“The new brand is refined, sophisticated and innovative – just like our team and our approach to how we build. This new brand pays homage to the pillar in past logos while putting a modern twist on it,” said Ali Brooks, Vice President, Corporate Strategy & Process Improvement. “It’s truly symbolic to the meaning of the Renaissance being ‘the revival’ as we look to start a new chapter with new leadership and the next generation.

Ali Brooks

“By rebranding, we pay tribute to the past 30 years and celebrate what is to come. We have hit pause and have taken the time to reflect on what is important to us as a company, strategically realign our goals to fit our vision, and reposition ourselves within the industry. It’s an exciting time that is worthy of a new brand while celebrating our team members who have been with us every step of the way,” Brooks said.

That includes people with the right intangibles, said Tyler Elmer, Executive Vice President, Construction. Creative thinkers. Problem solvers.

“It’s not about the position or the number. It’s not about the title; it’s about the person and how we can lead them to be and do their best each day while holding one another to that standard,” Elmer said. “As leaders, we encourage each team member to embrace new principles and implement them.  This allows us to address an issue as a challenge versus a problem and promote our team member’s creativity to create a solution.

“Our leaders that come from the mindset know how to support our team members. Feel empowered and come to the table with problems. Leaders working together with each department will always produce excellent results,” Elmer added.

Tyler Elmer

Renaissance Construction is growing its team by consistently recruiting and retaining top-tier talent: both in corporate support team members such as new business and project managers as well as field team members such as superintendents and project engineers. It now boasts 60 dedicated employees, 20 percent of which are women and 45 percent of which are minorities.

Experience is abundant at Renaissance Construction. Among company employees, six industry professionals possess more than 20 years tenure with Renaissance, two team members possess more than 15 years with Renaissance and two team members have more than 10 years with Renaissance.

Renaissance Construction is redefining its pre-construction team to better serve existing and potential clients on the front end with constructability and technology services such as BIM and AutoCAD. This team will heavily support both business development and construction teams to ensure a smooth transition from bid to build.

With a new face at the helm, changes were made to the leadership team. It comprises Kelly McKenna, President; Don Miller, CFO; Chelsea Porter, Executive Vice President, Business Development; David Tilson, Frank De La Riva, and Raymond Zavalla, Vice Presidents, Business Development; David Mettler, Manager of Construction Technology; and Elmer and Brooks.

Historically, Renaissance Construction has been identified as a general contractor of massive industrial buildings and also tenant improvement on smaller projects. This is where the strategy is shifting. Elmer said Renaissance is more forward-thinking, enabling it to anticipate the needs of its clients and become a more versatile construction company.

“We have to be able to handle the changing dynamics of the industry and take into account how the economy and supply and demand are affecting our clients,” Elmer said. “We are securing our foundation and redefining policies to stay current with an evolving environment. To be successful in that regard we have to empower our team members to make confident and strong decisions, benefiting our clients.”

For Renaissance, success isn’t defined merely by a stellar end product, but by pushing every step in the process to a higher standard. Honoring the craft means doing a job well and treating people right. Building relationships – not just buildings – internally and externally.

The construction industry is often transactional, making Renaissance’s warmth a key differentiator to industry partners and prospective team members alike. As a testament to the team’s commitment to the company’s vision, Renaissance’s new identity will show off the brand’s exemplary work without losing the story of the people behind it.

Internal changes also include expanding team member benefits and perks, including profit sharing (an initiative for 2023), work-from-home opportunities, gas mileage perks, and a pet-friendly office. Renaissance is also in the process of completing its licensing in Nevada.

The Renaissance rebrand includes the launch of its new name, new logo, and new website, www.RenConCo.com.

 

by Jun 22, 2022
Paul Johnson Drywall appoints Chad Lewis to Chief Financial Officer, will aid expansion efforts

Paul Johnson Drywall appoints Chad Lewis to Chief Financial Officer, will aid expansion efforts

News & Updates

PHOENIX (June 22, 2022) – Paul Johnson Drywall, Inc. (PJD) has appointed Chad Lewis as chief financial officer (CFO), the firm’s top financial position.

As the firm’s new CFO, Lewis will be responsible for overseeing the firm’s financial operations as well as assisting on business and leadership matters. His leadership extends beyond the traditional CFO role, whereby he will serve as an advisor and strategic partner, playing a key role in PJD’s continued national expansion.

“Chad’s comprehensive knowledge and skillset in finance, strategic initiatives, and M&A make him a valuable addition to our team as PJD continues to develop and implement our national expansion,” said Cole Johnson, president of PJD. “We’re fortunate to have his expertise helping to guide the development and execution of our growth strategy. His experience in this realm will be beneficial to perpetuating PJD’s growth and elevating our success.”

Lewis has been a leader in the finance industry for over 15 years and has extensive experience driving growth and performance improvement initiatives at several building product companies. Prior to joining PJD, he was managing director at Hudson Advisors where he served on the respective boards and worked alongside senior executives to identify and drive initiatives across several portfolio companies including, Forterra Inc., Meridian Brick, and Foundation Building Materials, among others. In addition, Lewis was responsible for helping identify, negotiate, execute, and integrate nearly 40 add-on acquisitions across these investments.

“I look forward to partnering with the team at this exciting time of growth for PJD,” said Lewis. “I’ve had the privilege of being involved with numerous expansions and working in this sector is particularly rewarding. It’s great to be joining PJD at this early stage of the company’s ambitious growth plan.”

About Paul Johnson Drywall:

Established in Phoenix, Arizona, in 1967, by Paul Johnson Sr., Paul Johnson Drywall enjoyed its prominence as one of the largest specialty contractors in the Southwestern United States for more than 25 years. The Johnson family has recently expanded the company’s product offerings to include gypsum underlayment, concrete topping, and balcony waterproofing and has expanded the geographic service areas to now include Tucson and Prescott, Arizona; Las Vegas, Nevada; Denver, Colorado; Nashville, Tennessee; and Orlando, Florida. The near-term future includes geographic expansions into markets, including Atlanta, Georgia; and Salt Lake City, Utah. The family-owned business has long been the drywall contractor of choice for the most prominent single-family and multi-family builders, providing on-time, high-quality drywall, and related construction services for projects across the region. With safety, efficiency, quality, and professionalism as its core values, Paul Johnson Drywall attracts and maintains the best crews, meets deadlines, and delivers on its customers’ expectations, establishing its reputation as the leader in the industry. More information is available at pauljohnsondrywall.com.

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by Jun 22, 2022
Four sales totaling more than $31M highlight recent deals by NAI Horizon professionals

Four sales totaling more than $31M highlight recent deals by NAI Horizon professionals

News & Updates

     PHOENIX, ARIZONA (June 21, 2022) – Four multimillion-dollar sales – including a self-storage facility that sold for $25.5 million – highlight recent transactions closed by NAI Horizon professionals. The four sales fetched more than $31 million.

Sale Transactions:

Denise Nunez and Victoria Filice negotiated the sale of a 150,260 SF storage and RV building, representing the seller, Vault at Riggs Road, LLC for $25.5 million.  The property is located at 12220 E. Riggs Road, Chandler, AZ.  The buyer, VRR-1, LLC, was self-represented.

Chris Gerow, Gabe Ortega and Shelby Tworek negotiated the sale of a 7,000 SF building, representing the sellers, Joseph DeSalvo & Karen Morawsky for $2.35 million. The property is located at 3235 W. State Route 89A. The buyer, Arizona Water Co., was self-represented.

Joan Krueger negotiated the sale of a 6,077 SF office building, representing both the buyer, Ocotillo Gold, LLC, and seller, Lone Butte, LLC, for $1.75 million. The property is located at 3125 S. Price Road, Bldg. 3, Chandler, AZ.

Thomas A. Smith negotiated the sale of church property, representing both the seller, Celebration Lutheran Church, and tenant, HOH Investment Group, LLC, for $1.425 million. The property is located at 8726 W. Olive Ave., in Peoria.

Lease Transactions:

Isy Sonabend and Drew Eisen represented the tenant, RIIFO North America, Inc., in a 61-month industrial lease for 30,452 SF at 3901 W. Buckeye Road. The landlord, SL6 PHX Industrial LP, was represented by Jeff Conrad & Ryan Hingst with Lee & Associates.

Mike Kumelski represented the tenant, Aqua-Tots, in a 120-month retail lease for 5,600 SF at East Gate Square Shopping Center on Nixon Drive, in Mt. Laurel, NJ. The landlord, US MJW East Gate I, LLC, was represented by Matthew Cooper with MSC.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Dove Valley, LLC, in a 120-month retail lease for 2,640 SF at 4705 E. Carefree Highway, Cave Creek, AZ. The tenant, Honey Baked Ham was self-represented.

Gabe Ortega, Chris Gerow and Shelby Tworek represented both the landlord, CP6MF, LLC, and the tenant, Central Hospitality Group Inc., in a 63-month retail lease for 2,814 SF at 1840 E. Warner Road, Tempe, AZ.

Jay Mininberg represented the tenant, SCH International Company Limited, in a 63- month office lease for 2,424 SF at 10851 N. Black Canyon Highway, Phoenix, AZ.  The landlord, LM Black Canyon, LLC, was represented by Kyle Campbell with Colliers International.

Dylan Whitwer and Don Morrow represented both the landlord, Ap-PP, LLC, and the tenant, Helping Hands Healthcare in a 36-month office lease for 3,084 SF at 401 W. Baseline Road, Tempe, AZ.

Joe Pequeno and Troy Giammarco represented the landlord, Falcon Corporate Center, LLC, in a 63-month office lease for 1,636 SF at 4711 E. Falcon Drive, Mesa, AZ. The tenant, The Exercise Coach, was self-represented.

Matt Harper, CCIM, represented the tenant, Protech Staffing Services, Inc., in a 38-month retail lease, for 1,498 SF at 2950 N. 91st Avenue, Phoenix, AZ.  The landlords, Brand Two, LLC, and Perdizes Properties, LLC, was represented by Robert Nolan with Oxford Realty Advisors.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Dove Valley, LLC, in a 36-month retail lease, for 1,329 SF at 4705 E. Carefree Highway, Cave Creek, AZ.  The tenant, DARNMCK, Inc., was self-represented.

Don Morrow and Dylan Whitwer represented the tenant, Richard Tovar, in a 63-month office lease for 847 SF at 10147 W. Grand Ave.,  Sun City, AZ. The landlord, McCandless Plaza, LLC, was represented by Paul Fox with Commercial Properties. 

Dylan Whitwer, Don Morrow and Mike Myrick represented both the landlord, Ap-PP, LLC, and the tenant, Sai Kiran Undrala, in a 24-month office lease for 1,132 SF at 401 W. Baseline Road, Tempe, AZ.

Thomas Bean, CCIM, and Matt Harper, CCIM, represented the landlord, Fiesta Crossing, LLC, in a 12-month office lease for 1,890 SF at 1660 S. Alma School Road, Mesa, AZ. The tenant, Suntria, was self-represented.

Matt Harper, CCIM, represented the landlord, Robert & Arlene Thatcher, in a 12-month retail lease for 650 SF at 5832 W. San Miguel Ave., Glendale, AZ. The tenants, Brenda Islas and Johnny Islas, were 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 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 more than 300 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 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 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 and a gross revenue of $1.5 billion.

NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more visit www.naiglobal.com.

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by Jun 21, 2022
Merit Partners completes purchase of 18 acres for industrial project in Southwest Phoenix for $4.33M

Merit Partners completes purchase of 18 acres for industrial project in Southwest Phoenix for $4.33M

News & Updates

Land Advisors Organization and CBRE facilitated the deposition of excess land on behalf of Murphy Elementary School District No 21.

 Scottsdale, Ariz. (June 16, 2022) – Land Advisors Organization is pleased to announce it recently completed the sale of an 18.1-acre parcel on behalf of the Murphy Elementary School District in Metropolitan Phoenix for $4.33 million to Merit Partners, a developer specializing in acquisitions and development of industrial, flex, and office properties.

Land Advisors Organization broker Michele Pino in partnership with Jackie Orcutt, a broker with CBRE, represented the seller, Murphy Elementary School District No. 21. Representation of the District was awarded through the competitive RFP process. Land Advisors Organization and CBRE also jointly represented the buyer, Merit Partners. The land parcel is located at 1441 S. 27th Ave., in Phoenix.  Murphy Elementary School District is a public school district serving students in Southwest Phoenix from preschool to 8th grade.

“Over the past 20 years, Land Advisors Organization has worked with more than 20 school districts across Arizona to acquire or dispose of excess land,” Pino said. “This was an excess school site, and the district is being strategic in taking advantage of today’s market conditions. With the current tremendous need for industrial in this market, it was a win for the district to achieve the highest value and for Merit Partners, which is developing the industrial parcel. Land Advisors successfully put forth a strong partnership with CBRE to get this deal done.”

CommercialSearch recently ranked Metro Phoenix second nationally for industrial development growth in 2022. According to CommercialSearch, Metro Phoenix has 36.3 MSF of industrial space currently under construction.

About Land Advisors Organization

Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville and San Diego, California; Orlando, Jacksonville and Tampa Bay, Florida; Atlanta, Georgia; Charlotte, North Carolina; Nashville, Tennessee; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIn.

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by Jun 16, 2022
Opening of an office in Tucson is next step in RestorationHQ ushering its best practices into a new market

Opening of an office in Tucson is next step in RestorationHQ ushering its best practices into a new market

News & Updates

     PHOENIX, ARIZ. (June 15, 2022) – Passion and accountability. Taking extreme ownership. Ability to help clients in a time of need.

Those are a few of the commitments RestorationHQ, a commercial-only emergency services general contractor, will bring to a new Tucson office, the company announced. It will provide services that it offers its clients in the Valley.

Tucson is synonymous with innovation. Tucson is diverse. It’s a relatively small city, but not when it comes to innovation and diversity.

RestorationHQ Owner Sergei Guk

“We will be officially opening the doors to our Tucson location on July 5 just in time for the summer monsoon season,” said RestorationHQ President and Owner Sergei Guk. “We added two vertical development managers to forge relationships in Tucson, we joined industry trade associations to become part of the Tucson community, and will be partnering with local initiatives to give back.”

Determined to set new standards for the industry, RestorationHQ serves the commercial space as a friend, partner, and teammate. It considers Tucson a community defined by innovation, history, technology, vision, stability, and culture.

“Tucson is a community built on family and friends; it is legacy and home,” Guk said. “Our goal is to align ourselves with our clients and continue to evolve and grow. To be that family and friend.”

RestorationHQ services include emergency response and mitigation from water intrusions and fire damage; mold remediation; asbestos abatement; hazmat/bio-cleaning services; post-mitigation reconstruction and other building-related emergency issues.

Guk said the Tucson location at 944 W. Grant Road will comprise a new office and warehouse.

“We are looking forward to taking our knowledge garnered, our best practices formulated over the years, and applying them to the Tucson market to help create better custom solutions for the commercial customer there,” Guk said. “In order to be prepared to service the Tucson market, we had to ensure that all of our resources were located locally, allowing for a faster response time.”

Since the end of the COVID-19 pandemic, RHQ has refined and developed its internal structure and processes and strengthened its partnerships, Guk said. RestorationHQ experienced a 20 percent staffing growth in 2021 with a restructured marketing and sales team to initiate growth in the new markets.

There is another reason for expanding the company in Tucson, Guk said.

“Opening the Tucson office is our next step in building a franchise model,” he said. “We focused intentional effort in building a well-grounded standard operating procedure from initial phone call to job completion and every detail necessary to maintain continuity of operations. This is our opportunity to showcase these efforts and expand our passion for servicing our commercial clients. Tucson is the first step toward launching our franchise model that will eventually cross state lines as we continue to scale our business model.”

RestorationHQ holds more than 20 current certifications, trainings, and safety courses including the IICRC (the Institute of Inspection, Cleaning and Restoration Certification, the certifying body for the inspection, cleaning, and restoration industry), AHERA Accreditation (Asbestos Hazards Emergency Response Act), EPA, OSHA, and other governing bodies responsible for compliance regulation and continued education.

For more information visit www.RestorationHQ.us.

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by Jun 14, 2022
Best of NAIOP 2021 honors most successful projects, companies, individuals within the Valley’s commercial real estate community

Best of NAIOP 2021 honors most successful projects, companies, individuals within the Valley’s commercial real estate community

News & Updates

     PHOENIX, ARIZ. (June 14, 2022) – Commercial real estate’s leading annual awards, the Best of NAIOP, celebrated the top-performing people, companies, and projects of the past year on June 9 at the Arizona Biltmore. The Arizona Chapter of NAIOP bestowed awards in 38 categories before a full house of commercial real estate professionals.

“The number of nominations received this year was humbling and is a testament to the positive growth we have been recognizing in the Arizona economy and real estate industry,” said CJ Osbrink, Newmark Knight Frank; Jeff Foster, Prologis; and Tom Jarvis, Willmeng, the Best of NAIOP Chairmen. “We want to extend our utmost gratitude to the NAIOP staff, NAIOP Board of Directors, and the Best of NAIOP committee volunteers for all the hard work and time they have put forth in making this such a successful and rewarding evening.”

NAIOP Arizona kicked off the evening with the prestigious Award of Excellence. In 2021, this highly sought-after recognition went to David Krumwiede with Lincoln Property Company for his 36 years of contributions to the industry and NAIOP.

Company winners were ViaWest Group, Firm of the Year; Layton Construction, General Contractor of the Year; VanTrust Real Estate, Industrial Owner/Developer of the Year; Butler Design Group, Architect of the Year; and Lincoln Property Company Desert West, Office Owner/Developer of the Year.

In the brokerage awards, JLL captured three honors including Brokerage Firm of the Year.

“It was an incredible night celebrating the tremendous projects and great achievements by our NAIOP members in 2021. Congratulations to all that were nominated and to the award winners – job very well done,” said 2022 NAIOP Arizona Chairman Rusty Kennedy with Stream Realty.

 2021 Best of NAIOP Arizona winners

Company Awards

Architect of the Year: Butler Design Group

Brokerage Firm of the Year: JLL

Firm of the Year: ViaWest Group

General Contractor of the Year: Layton Construction

Industrial Owner/Developer of the Year: VanTrust Real Estate

Interior Architect of the Year: McCarthy Nordburg

Lender Firm of the Year: Western Alliance Bank

Office Owner/Developer of the Year: Lincoln Property Company Desert West

Official Branding Sponsor: TRADEMARK

Retail Owner/Developer of the Year: Barclay Group

Subcontractor/Vendor Firm of the Year: Small Giants

Tenant Improvement Contractor of the Year: Willmeng Construction

Title/Escrow Firm of the Year: Thomas Title & Escrow

Individual and Broker Awards

 Award of Excellence: David Krumwiede, Lincoln Property Company

Developing Leader of the Year: James Cohn, CBRE

Emerging Broker of the Year: Serena Wedlich, CBRE

Healthcare Broker of the Year: Bill Cook, Margaret Lloyd, Brielle Torel, and

Mike McWilliams, Plaza Companies

Industrial Broker of the Year: Mike Haenel, Andy Markham and Phil Haenel, Cushman & Wakefield

Investment Broker of the Year: Will Strong, Cushman & Wakefield

Office Broker of the Year: Pat Williams, Andrew Medley, Vicki Robinson, Chris Corney, and

Sydney Setnar, JLL

Retail Broker of the Year: Dave Cheatham and Darren Pitts, Velocity Retail Group

Tenant Representative Broker of the Year: Ryan Bartos, JLL

Project Awards

 Economic Impact Project of the Year: HelloFresh

Industrial Build-to-Suit Less Than 500K SF Project of the Year: FedEx Prologis Commerce Park 2

Industrial Build-to-Suit More than 500K SF Project of the Year: White Claw Distillery

Industrial Tenant Improvement Project of the Year: Covetrus Grandview

Medical Office Project of the Year: U.S. Department of Veterans Affairs Phoenix Outpatient Clinic

Mixed-Use Project of the Year: Park Central

Office Build-to-Suit Project of the Year: Virginia G. Piper Creighton University Health Sciences Building

Office Tenant Improvement Project of the Year: LifeStance

Redevelopment Project of the Year: Central Logistics Center

Retail Project of the Year: Arrowhead Jaguar Land Rover Dealership & Service Center

Spec Industrial Less Than 500K SF Project of the Year: Prologis Logistics Center – Building 4

Spec Industrial More Than 500K SF Project of the Year: G303

Spec Office Project of the Year: Allred Park Place Buildings 7 & 8 with Parking Structure

Sustainable Project of the Year: Prologis Logistics Center – Building 4

Transaction of the Year: HelloFresh

Phoenix Business Journal’s Talk of the Town: White Claw Distillery

NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP comprises 20,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit naiop.org.

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by Jun 14, 2022