Warehouse sale in Mesa, land sale in Maricopa County highlight recent NAI Horizon deals

Warehouse sale in Mesa, land sale in Maricopa County highlight recent NAI Horizon deals

News & Updates

by | Mar 26, 2018 | News & Updates

    PHOENIX, ARIZONA (March 26, 2018) – The sale of a contractor’s warehouse in Mesa and a land sale, 15 acres within Maricopa County, highlight recent transactions closed by NAI Horizon professionals.

Sale Transactions:

Rick Foss and Tom Bean, CCIM, negotiated the sale of a 12,436 SF property, representing both the buyer, YBL, LLC, and the seller, DMW Properties, LLC, for $2.675 million. The property is located at 10646 E. Pecos Road, Mesa, AZ.

Mark Wilcke negotiated the sale of a 15-acre plot of land, representing the buyer, United States of America, for $907,200. The property is located south of the SEC of Litchfield Road and Glendale Avenue in Maricopa County. Chad Russell with Land Advisors represented the seller, M&S Land Investment Company, LLP.

John Toben negotiated the sale of a 7,100 SF office property, representing the seller 16th Street Property Investments, LLC, for $800,000. The property is located at 7325 N. 16th St., Phoenix, AZ. Jacques-Henri Munro with Munro Realty International represented the buyer, ADLS Inc.

Rick Foss negotiated the sale of a 1.832-acre land property, representing the seller, Nelson AZ Properties, LLC, for $466,841. The property is located at 0 E. Corporate Place, Chandler, AZ. Kent Hanson with Cushman & Wakefield represented the buyer, Unique Companies, LLC.

Laurel Lewis, Barbara Lloyd, and Lane Neville negotiated the sale of a 3,900 SF office property, representing the seller, Troon, LLC, for $270,883. The property is located at 10031 E. Dynamite, Units 200, 205 and 210, Scottsdale, AZ.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, The Market at Estrella Falls, LLC, in a retail lease with Party City for 15,068 SF at 1981 N. Pebble Creek Parkway, Goodyear, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease with Five Guys Burgers for 2,405 SF at 21545 S. Ellsworth Loop Rd., Queen Creek, AZ. Ben Craney with NAI Horizon – Tucson represented the tenant.

Tyler Smith represented the tenant, Landmark Title Assurance Agency of Arizona, LLC, in a 63-month lease at 7047 E. Greenway Parkway, Scottsdale, AZ. Mike Strittmatter with CBRE represented the landlord, JPMCC 2007-CIBC19 East Greenway, LLC.

Barbara Lloyd and Tom Bean, CCIM, represented the landlord, Tempe CC, LLC, in a 60-month office lease for 2,604 SF at 4515 S. McClintock Dr., Tempe, AZ. Tim Whipple with West USA Commercial represented the tenant, Coelho & Associates.

Matt Harper represented the landlord, Hope Thunderbird, LLC, in a 60-month retail lease for 1,584 SF at 13702-4 N. 51st Ave., Glendale, AZ.

Tom Bean, CCIM, represented the tenant, Delante Solutions, LLC, in a 66-month retail lease for 825 SF at 960 W. University Dr., Tempe, AZ. Trent Rustan with CPI represented the landlord, 32 Gallon Investments, LLC.

Matt Harper represented the landlord, Puchhi, Inc., in a 12-month retail lease renewal for 1,020 SF at 9501 W. Peoria Ave., Peoria, AZ.

Matt Harper represented the landlord, Hillcrest Plaza, LLC, in a 12-month retail lease for 820 SF at 1241 E. Broadway Road, Mesa, AZ.

 

 

 

by Mar 26, 2018
NAI Horizon negotiates $6.3M sale of flex building in Scottsdale Airpark submarket

NAI Horizon negotiates $6.3M sale of flex building in Scottsdale Airpark submarket

News & Updates

by | Mar 21, 2018 | News & Updates

     PHOENIX, ARIZONA (March 21, 2018) – NAI Horizon represented the seller in the $6.3 million sale of a flex building that will be converted into a music venue at 8445 E. Hartford Dr., in the highly-sought after Scottsdale Airpark submarket.

NAI Horizon Senior Vice Presidents Troy Giammarco and Tyler Smith represented C.R.C. Investments LLC, of Paradise Valley, an Arizona limited liability company, in the sale of the 30,000-square-foot building.

“We were pleased to obtain the full asking price for the property,” said Giammarco, who added it was one of the highest prices paid for a flex building in Perimeter Center in Scottsdale. “All parties involved collaborated to find solutions to everyone’s ultimate satisfaction. The new owner/occupiers will create an incredible music venue and ministry. We thank everyone for all their hard work.”

The building (55 percent office and 45 percent manufacturing) previously housed the headquarters for a natural supplement company.

 

 

 

 

by Mar 21, 2018
NAI Horizon negotiates $2.675M acquisition of contractor’s facility in Mesa

NAI Horizon negotiates $2.675M acquisition of contractor’s facility in Mesa

News & Updates

by | Mar 19, 2018 | News & Updates

     PHOENIX, ARIZONA (March 19, 2018) – NAI Horizon Senior Vice President Rick Foss and Vice President Tom Bean, CCIM, represented the buyer and the seller, respectively, in the $2.675 million acquisition of a contractor’s facility at 10646 E. Pecos Rd., in Mesa, Arizona.

NAI Horizon negotiated the sale of the 12,436-square-foot property on behalf of DMW Properties LLC, an Oregon limited liability company.

“Wilson Construction Company made good use of this premier contractor’s facility since acquiring it in 2008,” Bean said. “With more new business developing in the West Valley, the decision was made to sell the property and relocate to a central location to better serve its clients in the Valley. Wilson Construction Company continues to expand its business throughout Metro Phoenix.”

The buyer was YBL LLC, an Arizona limited liability company whose corporate office is located in Peoria, Arizona.

“Younger Brothers acquired this facility to support the expansion of their numerous businesses related to residential construction,” Foss said. “This acquisition will specifically support their work on the Eastmark project and other residential development activity in the Southeast Valley in the future.”

YBL, which also operates as Liberty Lumber, is a contractor of residential and commercial lumber and supplies. It is moving its operations to the Mesa facility, which sits on 5.47 acres.

by Mar 19, 2018
Business Development Guild accepting applications for 2018 Certified Business Developer training program

Business Development Guild accepting applications for 2018 Certified Business Developer training program

News & Updates

by | Mar 16, 2018 | News & Updates

     PHOENIX, ARIZ.  (March 16, 2018) – The Business Development Guild, a source of education, coaching, and support for the business development profession, is accepting applications for its 2018 Certified Business Developer (CBD) program. It begins May 15.

The BD Guild is partnering with Arizona State University’s Ira A. Fulton Schools of Engineering on the curriculum, which is designed in six modules encompassing two class sessions of 90 minutes each. Each module is held the third Tuesday of each month beginning in May.

The curriculum is a comprehensive view of the numerous aspects, skill sets and market understanding that make up the business development profession. The program is viewed as a critical element in training current and the next generation of BD professionals. The curriculum is designed to take the BD professional and their organization to the next level.  The benefits of obtaining the CBD include:

  • Maximizing return on BD investment;
  • Practical applications to daily activity;
  • Advanced industry knowledge;
  • Access to industry experts;
  • Improved communications with the operations team;
  • Understanding best in class revenue generation.

“We’re excited about the 2018 class and future Certified Business Developers,” said Joseph McGovern, co-founder of the Valley-based BD Guild. “The faculty is experts in their field and with our partnership with ASU’s Fulton Schools of Engineering, the BD Guild and CBD curriculum are raising the bar of the for the BD profession.”

The cost for the program is $1,800 for BD Guild members; $2,100 for non-members; and a millennial rate of $1,500 (35 and under). Lunch is served at each class.

Module 1, “The Anatomy of a Chase” and “Business Development Models and Roles/Definitions,” is May 15 from 11:30 a.m. to 5 p.m., at the Esplanade Conference Center, 2501 E. Camelback Rd., Phoenix.

Curriculum and registration available at businessdevelopmentguild.com/education.

 

by Mar 16, 2018
LAI Phoenix chapter presents Mary C. Daly of Federal Reserve Bank of San Francisco

LAI Phoenix chapter presents Mary C. Daly of Federal Reserve Bank of San Francisco

News & Updates

by | Mar 14, 2018 | News & Updates

PHOENIX, ARIZ. (March 14, 2018) – Shocks and Adjustments. The Outlook for U.S. Labor-Quality Growth. The Intensive and Extensive Margins of Real Wage Adjustment.

Mary C. Daly

Pretty heady stuff, all are working papers co-authored by Mary C. Daly, guest speaker as the Phoenix chapter of Lambda Alpha International (LAI) presents the Executive Vice President and Director of Research for the Federal Reserve Bank of San Francisco.

In her role, Daly oversees key research functions and supports the development of monetary policy by guiding and providing relevant economic and financial analyses. She is also the chair of the Bank’s Diversity Council, committed to creating an inclusive environment where employees have an opportunity to grow and develop.

Daly also serves on the Bank’s Executive Committee in charge of strategic direction and policy for the Twelfth District. She began her career as an economist at the Federal Reserve Bank of San Francisco in 1996 after completing a National Institute of Aging Post-Doctoral Fellowship at Northwestern University.

Her research focuses on topics including labor economics, economic inequality, wage and unemployment dynamics, and disability and retirement policy. She has collaborated with scholars in a multitude of fields and from around the globe to bring economic analysis into the development of effective and sustainable public policies.

The March 29 event at Arizona Country Club, 5668 E. Orange Blossom Lane in Phoenix, begins with registration and networking at 11:30 a.m. The presentation begins at noon. Registration fee is $45 for LAI Arizona members and $65 for non-members. Click here to register.

by Mar 14, 2018
Iconic Design Studio, AWE Corporate Interiors collaborating for 2018 WRDE in Glendale

Iconic Design Studio, AWE Corporate Interiors collaborating for 2018 WRDE in Glendale

News & Updates

by | Mar 14, 2018 | News & Updates

PHOENIX, ARIZ. (March 14, 2018) – Phoenix-based Iconic Design Studio (IDS) and AWE Corporate Interiors are combining their talents to represent the design and furniture industries at the 2018 Western Regional Dental Experience (WRDE) in Glendale, Arizona.

IDS is a full-service interior design firm led by Owner/Principal Kelli Berry. AWE Corporate Interiors is a commercial furniture dealership that specializes in office furniture and related services. AWE is owned by President and CEO Andrea Moseley. Both are women-owned companies.

The two firms will collaborate on “Iconic & AWE: One & Done Dental Design” at the 2018 WRDE, scheduled for April 12-14 at the Renaissance Glendale Resort & Spa.

“IDS has been actively involved in the delivery of interior design services for the dental market for the past four years,” said Berry, who possesses more than 40 years of experience in design and interior subcontracting. “We’ve managed the interior design, signage, logo, and branding scope for more than 20 locations from North Carolina to Mississippi to Texas and Arizona.”

Besides providing interior design services, IDS also offers consultation on conceptual interior space.

“Kelli Berry brings design knowledge and ideas to any project and makes them extraordinary offices,” said Moseley, who has more than 30 years of experience in commercial furniture. “With her design ideas, AWE incorporates furniture, lighting, accessories, and ergonomic options to make each office a unique experience for the client, all within the desired budget.”

AWE Corporate Interiors offers products ranging from cubicles and conference room furniture to reception and break room products, stand-up desks, and collaborative workspaces. It works with corporate, medical, hospitality, banking, legal, GSA, and educational clients.

WRDE brings together more than 1,000 dental industry professionals who provide comprehensive information on the latest dental-related technology including diagnostic tools, radiography, sterilization, dental equipment, billing and marketing solutions, general contracting, interior design, and logo branding. There will be numerous speakers covering topics from risk management, ethics, regulatory missteps, and a myriad of other topics.

The event is organized by the Arizona Dental Association. It features more than 55 speakers and 131 exhibitors. The keynote speaker is Arizona Cardinals star wide receiver, Larry Fitzgerald.

by Mar 14, 2018
Terracon adds Marketing Specialist Danielle Intorf to Arizona office

Terracon adds Marketing Specialist Danielle Intorf to Arizona office

News & Updates

by | Mar 12, 2018 | News & Updates

     TEMPE, ARIZ.  (March 13, 2018) – Terracon, an engineering consulting firm, continues to grow its Arizona presence with the hiring of Marketing Specialist Danielle Intorf.

Intorf will be responsible for helping the Arizona office reach potential partners and maintain relationships with Terracon’s current clients. She previously worked in the marketing department at Wespac Construction.

“Terracon has built a strong reputation, but we haven’t been the best at communicating our reputation and diverse capabilities to the Arizona market,” Terracon Senior Client Development Manager and Principal Chuck Reynolds said.

“We are experiencing tremendous growth and I am pleased to have Danielle lead our marketing efforts in Arizona to take us to the next level. She has the energy, talent, and personality that fits our positive atmosphere,” Reynolds said.

A native of Tempe, Arizona, Intorf earned a Bachelor of Science degree in advertising and public relations from Northern Arizona University. She is active with industry groups including the Society for Marketing Professional Services (SMPS), the Arizona Association for Economic Development (AAED), NAIOP Arizona, and ULI Arizona.

A former collegiate swimmer at NAU, Intorf is a resident of Gilbert. She and her husband Dylan are expecting their first child in July.

by Mar 12, 2018
AZCREW presents experts’ view of new tax laws at its March lunch

AZCREW presents experts’ view of new tax laws at its March lunch

News & Updates

by | Mar 9, 2018 | News & Updates

          PHOENIX, ARIZ. (March 12, 2018) – The intricacies of the new tax laws can be daunting, especially when it comes to their impact on real estate transactions and the individuals involved.

The March lunch sponsored by AZCREW will present tax attorney Beth Cohn and CPA Sandy Abalos to share their expertise on the matter. The speakers will also discuss 1031 Exchanges, partnership audit rules, reduced or eliminated travel and entertainment expenses, and tax bracket changes.

Beth Cohn

Cohn, JD, CPA, is a shareholder at Jaburg Wilk. Abalos, CPA, MA, is a principal at REDW, LLC.

The event is scheduled for March 20 at Phoenix Country Club, 2910 N. 7th Street, Phoenix. Networking and registration begin at 11:30 a.m. The presentation begins at noon.

Registration is $45 for AZCREW members ($40 early registration by March 15); $65 for non-members. Lunch is included. Click here to register.

Cohn has been practicing law for more than three decades. She chairs the firm’s Business Law and Estate

Sandy Abalos

Planning Departments. As both a tax specialist and a Certified Public Accountant, she has expertise in business and real estate transactions as well as tax planning, succession planning and estate planning for businesses and their owners.

Abalos has more than 30 years of successful public accounting experience, specializing in meeting the financial needs of privately held businesses. She heads REDW’s tax practice in Arizona and serves as Principal-in-Charge of the firm’s Phoenix office.

by Mar 09, 2018
Industry leader Christine Zeihen elected to APLA board of directors

Industry leader Christine Zeihen elected to APLA board of directors

News & Updates

by | Mar 7, 2018 | News & Updates

     PHOENIX, ARIZ.  (March 7, 2018) – Industry leader Christine Zeihen, President/Commercial Mortgage Broker at OPM Capital in Phoenix, has been elected to the board of directors of the Arizona Private Lender Association (APLA).

APLA serves the needs of Arizona private money lenders who provide loans secured by real estate with funds from private sources. Its mission is to represent, promote, and foster the business of bringing private capital to Arizona for real estate projects.

“It’s an honor to be on the board of such a well-positioned organization, and APLA provides me the opportunity to expand my capital database to meet client needs here in Arizona,” said Zeihen, also Principal and Designated Broker at Biltmore Realty Advisors.

Zeihen possesses more than 30 years of experience in operations and transactions in all areas of commercial real estate including entitlements, due diligence, acquisitions, development, financial, brokerage, management, and disposition of master-planned resort communities, retail shopping centers, and single tenant net developments.

Zeihen is involved with numerous industry groups including the Arizona Commercial Mortgage Lenders Association (ACMLA), Scottsdale Area Association of Realtors (SAAR), Real Estate Investment Advisory Council (REIAC), International Council of Shopping Centers (ICSC) and ULI Arizona.

A native of Kenosha, Wisconsin, Zeihen earned a Bachelor of Science in finance at Arizona State University. She holds a Real Estate license from the Arizona School of Real Estate & Business.

Zeihen gives back to the community by volunteering at Teen Lifeline, a Valley group that provides a safe, confidential, and crucial crisis service where teens help teens make healthy decisions together.

APLA also works to provide standards of conduct and education for Arizona private money lenders. It coordinates with state and federal agencies on behalf of its members.

 

 

by Mar 07, 2018
NAI Horizon continues office growth with addition of two new associates

NAI Horizon continues office growth with addition of two new associates

News & Updates

by | Mar 7, 2018 | News & Updates

     PHOENIX, ARIZONA (March 7, 2018) – NAI Horizon continues its office growth in Arizona announcing the hiring of two new associates, Logan Crum and Dylan Whitwer.

Crum joins NAI Horizon’s Investment Services Group. Whitwer joins the Office Properties Group.

Crum will assist Senior Vice Presidents Lane Neville and Barbara Lloyd with their brokerage activities. This includes client relationship-building, market research, leasing services, presentation preparation, and buyer/seller representation in investment transactions.

A native of Spokane, Washington, Crum graduated from the University of Arizona in 2017 with a Bachelor of Science degree in urban and regional development and a minor in Geographic Information Systems (GIS). He holds an Arizona Real Estate License.

While at UA, Crum interned at NAI Horizon’s Tucson office, creating marketing materials for the Tucson and Phoenix offices. Other duties included mapping, site research, and preparation of site information. Crum also completed an internship at the NAI Black office in Spokane.

Whitwer joins Senior Vice President Laurel Lewis as a tenant representative. He will be responsible for assisting in transaction management as well as developing new tenant relationships and providing market intelligence.

A native of Phoenix, Whitwer earned a BS in communications with a minor in business at Arizona State University in 2015. He is active in industry groups Accelerent and Valley Partnership, where he served as a member of it Advocates (young leaders group).

Whitwer joins NAI Horizon after spending four years working for an environmental and geotechnical engineering firm. He was responsible for environmental site assessments.

“I am excited about the addition of Logan and Dylan to our team,” said Terry Martin-Denning, CEO and President of NAI Horizon. “Teaming these two intelligent young agents with successful senior mentors aligns with our strategic vision of growing our team with a balance of those new to the business and successful experienced agents.”

 

 

 

 

by Mar 07, 2018