News & Updates

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

News & Updates

by Peter Madrid | Jul 15, 2024 | 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.

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by Peter Madrid Jul 15, 2024

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

News & Updates

by Peter Madrid | Jul 10, 2024 | 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. 159^th 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. 103^rd 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.

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by Peter Madrid Jul 10, 2024

EHS Restoration helps restore the lives of others through its philanthropic initiatives across Valley

News & Updates

by Peter Madrid | Jul 8, 2024 | News & Updates

MESA, ARIZ. (July 9, 2024) – EHS Restoration prides itself on being Arizona’s leading water damage, fire damage, natural disaster clean-up, and mold remediation firm. Founded in 2008, it also embraces a dedicated philanthropic mission as a supportive member of the community.

EHS Restoration leadership and employees take part in supporting non-profit and charitable organizations such as the Feed My Starving Children, the Vitalant Blood Donation Drive, Arizona Burn Foundation, Aris Foundation Food Drive, Big Brothers Big Sisters, Special Olympics, Habitat for Humanity, St. Jude’s Children’s Research Hospitals, and Phoenix Children’s Hospitals.

“There are people and organizations in the Valley that need the business community to step and volunteer their time and services,” said EHS Restoration Marketing Manager Abby Vallelonga. “Philanthropy is a big part of our company culture. That culture begins with our leadership and is embraced by the rest of the employees. We are very proud that our commitment to giving back is year-round.”

EHS Restoration teams with its clients to collect food donations. Marketing Manager Abby Vallelonga recently filled her car with donations from 10 local companies.

Vallelonga added that EHS Restoration professionals are currently working with several families who have been devastated by fires to their residences.

“A residential fire is personal, traumatic, and emotional,” Vallelonga said. “It is also very costly. “Our teams do their best to make the restoration process as smooth as possible.”

EHS Restoration philanthropic initiatives:

♦️ Feed My Starving Children: Assisting in packing more than 10,000 meals to help feed families and children all over the world.

♦️ Vitalant Blood Donation Drive: Teaming with RealManage to hold a blood donation drive utilizing the services of Vitalant Blood Donation.

♦️ Arizona Burn Foundation: Aiding the Arizona Burn Foundation team in its efforts to help those affected by burn injuries. As a company that has seen the effects of devastating fires and burns, EHS Restoration supports this organization.

♦️ Aris Foundation Food Drive: Teaming with its clients to collect food donations. Vallelonga recently filled her entire trunk and back seat with donations from 10 local companies.

At the end of July, Vallelonga said EHS Restoration will assist Aris Foundation in hosting a dinner for more than 250 homeless families in Tempe. Through the organization Packages From Home, EHS Restoration employees will also be packing care baskets/packages for those who are actively deployed in the U.S. military overseas.

“As a veteran-owned business, we are excited for the chance to support this organization,” Vallelonga said.

EHS Restoration, which celebrated its 15^th anniversary in 2023, is Arizona’s primary restoration company to partner beyond state lines when natural disasters such as hurricanes and wildfires wreak havoc across the country.

Its highly-trained catastrophe response team jumps into action multiple times each year to provide emergency relief to states including California, Florida, Louisiana, Virginia, Oregon, and Texas when they are exposed to substantial fire, water, storm, and ice damage from natural disasters.

ABOUT EHS RESTORATION

EHS Restoration provides a broad range of repair and restoration services throughout the state, including mold removal, commercial services, cleanup, emergency response, and fire/water damage repair. Veteran-owned and operated, EHS Restoration has been Arizona’s top-rated restoration company for five years running. EHS Restoration partners with numerous local and nationwide charities in addition to performing voluntary, pro-bono work for victims of natural disasters. Fully licensed and insured, EHS Restoration is a fully-certified restorative service provider and a preferred vendor for one of the largest insurance companies in the nation. For more information visit ehsrestoration.com.

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by Peter Madrid Jul 08, 2024

Greater Phoenix Chapter of IFMA announces 2024-2025 board members, award winners

News & Updates

by Peter Madrid | Jul 8, 2024 | News & Updates

TEMPE, ARIZ. (July 8, 2024) ‒ The Greater Phoenix Chapter of IFMA, the world’s largest and most widely recognized international association for facility management professionals, announced board members for 2024-2025 and honored members and member firms at the 2024 Phoenix Rising Excellence Awards & State of the Chapter.

Monisa (MJ) Nagarajan Gomathi

Monisa (MJ) Nagarajan Gomathi, CFM, FMP, SFP, FMG, LEED Green Associate, Facilities Project Manager with Terracon, was elected to her second term as President.

Other board members: Marshall MacFarlane, IFMA Fellow, Immediate Past President; David Ramiez, CFM, APS, Vice President of Professional Development; Stephanie Jones, Allied Universal Security Services, Vice President of Communication and Community; and Bobbi Jo Huskey, Partitions and Accessories, Treasurer/Secretary.

“As I reflect on the past term, I am incredibly proud of our board’s phenomenal work. They organized exceptional events for continuing education, career enhancement, and social networking, playing a crucial role in the chapter’s success,” Gomathi said. “Looking forward to the next term, we have an amazing calendar full of events planned that will provide even more value to our facility management members. Our new board is well-equipped and excited to make all of this possible. As we step into our chapter’s 40th year, I am blessed and humbled to play a part in such a strong association. I am filled with excitement and optimism for what we will achieve together and am ready to lead the chapter with all my best.”

The Phoenix chapter also recognized winners with the 2024 Phoenix Rising Excellence Awards. The event was held last month at the Hilton-Phoenix Airport. Keynote speaker was David Trask, National Director, ARC Facilities. Trask is considered a visionary leader renowned for his insights into the future of facility management and organizational excellence. Award winners included:

♦️ Rising Star of the Year: Sri Nayani Gajji, student, Arizona State University;

♦️ Emerging Leader of the Year: Mridula Potdar, SDB Construction;

♦️ Helping Hand of the Year: Liz Remley, Service Masters by Desert Dry;

♦️ Committee Member of the Year: Lorene Gilbert, Roadrunner Paving & Asphalt;

♦️ Committee of the Year: Arizona Facilities Government Alliance, Chair Dawn Holst;

♦️ Associate Company of the Year: America Roofing, represented by Quinn Fries;

♦️ Professional Company of the Year: APS, represented by Dale Benz;

♦️ Associate Member of the Year: Tiffany Pennington, TEPCON Construction;

♦️ Professional Member of the Year: Jared Spangler, City of Peoria;

♦️ President’s Choice for Special Recognition: Gary Lovgren, City of Phoenix; Hutton Wachlter, IPSA Security Services; Dave Little, KM Facility Services; and Bryce Reynolds.

“The 2024 Phoenix Rising Excellence Awards & State of the Chapter was a remarkable evening of celebration and recognition. The event brought together industry professionals to honor the outstanding achievements of our members and member firms,” Gomathi said. “We celebrated the hard work, dedication, and exceptional contributions of our award winners, whose efforts have significantly enhanced our chapter and the broader facility management community.

“Special thanks go to our programs committee and social events committee, whose tireless efforts made these events possible. The Phoenix Rising event not only highlighted individual and organizational successes but also demonstrated the vibrant and supportive community we have built together.”

Keynote speaker David Trask (left) with Marshall MacFarlane, IFMA Fellow and Immediate Past President.

About IFMA

Founded in 1980, IFMA is the world’s largest and most widely recognized international association for facility management professionals, supporting more than 24,000 members in 105 countries. The association’s members, represented in 134 chapters and 17 councils worldwide, manage more than 37 billion square feet of property and annually purchase more than $100 billion in products and services. IFMA certifies facility managers, conducts research, provides educational programs and produces World Workplace, the world’s largest facility management conference and exposition.

The Greater Phoenix Chapter of IFMA, formed in 1985, is one of the top association chapters in the world and winner of IFMA’s Large Chapter of the Year in 2012. It is dedicated to continuously improving the facility management profession by providing relevant educational and networking opportunities for its membership while supporting the community as a whole. For more information about the Phoenix chapter ifmaphoenix.org.

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by Peter Madrid Jul 08, 2024

NAI Horizon represents USA Pickleball Association in securing warehouse lease in Tempe, Arizona

News & Updates

by Peter Madrid | Jul 8, 2024 | News & Updates

PHOENIX, ARIZONA (July 8, 2024) – NAI Horizon, on behalf of USA Pickleball, successfully facilitated a new warehouse lease in Tempe, Arizona.

This strategic move comes in response to the national governing body’s significant growth in tournament operations and efforts to better support its expanding community and members.

The newly leased warehouse will serve as a central hub for storing tournament equipment and USA Pickleball Serves, the charitable arm of USA Pickleball, community impact support items. This facility will enhance the governing body’s ability to efficiently manage and distribute tournament resources, ensuring seamless support for the increasing number of tournaments and charitable impact nationwide.

“We are thrilled to assist the USA Pickleball Association in finding a warehouse that meets their growing needs,” said NAI Horizon Associate Whitney Heritage. “This lease represents a critical step in supporting their continued expansion of the sport.”

The landlord, Fifth Street Commerce Center, LLC, was represented by Cory Breinholdt with Commercial Properties Inc.

For more information, contact Whitney Heritage at whitney.heritage@naihorizon.com

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.

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by Peter Madrid Jul 08, 2024

NAI Horizon facilitates sale of flagship Serrano’s Mexican Restaurant in Chandler for $4.58M

News & Updates

by Peter Madrid | Jul 3, 2024 | News & Updates

PHOENIX, ARIZONA (July 2, 2024) – NAI Horizon facilitated the $4.58 million sale of Serrano’s Mexican Restaurant located at 141 S. Arizona Ave., in Downtown Chandler, Arizona. The restaurant totals 13,250 SF; the sale fetched $346 per SF.

NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville, and Associates Matt Westra, Whitney Heritage and Brandon Hall represented the seller, Serrano Family Limited Partnership from Chandler.

“This flagship family restaurant location opened in 1979 in Downtown Chandler and flourished for 45 years, it was truly our honor to be part of the sale of such an iconic restaurant,” Lane Neville said. “Based on the superb location and abundant buyer interest, we utilized our proprietary competitive bid sale process to generate the best price for our client.”

The buyer, JAM Management LLC, also based in Chandler, was represented by Peter Sciacca of Launch Powered by Compass.

“It is with mixed emotions – but surely pride – that we announce the sale of the property and the closing of our Chandler restaurant location that our parents, Ernie and Eva, founded,” said Serrano’s General Partner Ric Serrano. “We happily still operate our three other Serrano’s restaurants, two in Mesa and one in Queen Creek. Also, we continue to operate our Pronto location in Tempe.

“Operating the business has been a family affair, our goal has always been to honor our parents’ vision, we all feel very satisfied that we accomplished that. Our family has been involved in business in Chandler for 105 years with our original venture starting in 1919 with Serrano Brothers Popular Store, a department store that operated for 60 years.

“We take lots of pride in our deep and longstanding relationships in the Chandler community and wish the very best to our buyer that is pursuing their own Mexican restaurant concept on site. We will be there to support them, to keep the tradition alive,” Serrano said.

Serrano’s Mexican Restaurant is located adjacent to Chandler City Hall in the heart of Downtown Chandler, on the east side of Arizona Avenue, immediately south of Boston Street.

For additional information on the NAI competitive bid sale process, contact Lane Neville at lane.neville@naihorizon.com.

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 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 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.

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by Peter Madrid Jul 03, 2024

Wespac Construction celebrates LEED Silver Certification for Rio Yards office shell building

News & Updates

by Peter Madrid | Jul 2, 2024 | News & Updates

PHOENIX, Ariz. — Wespac Construction, Inc. proudly announces that the Rio Yards office shell building has been awarded LEED Silver Certification by the USGBC. This recognition highlights our commitment to sustainable building practices and creating high-performance, environmentally friendly spaces.

Located within the technology-focused Novus Innovation Corridor in Tempe, Arizona, Rio Yards, 1337 E. Rio Salado Parkway, is a three-story, 157,000 SF office building with key sustainability features. They include:

♦️ Building orientation and landscaping: Rio Yards’ orientation and native landscaping elements enhance the connection to outdoor spaces, featuring trees along pedestrian corridors, landscape buffers, and various seating options. These features create a welcoming environment and promote low water-use plant material, saving thousands of gallons of water annually.

♦️ High-performance building strategies: The building systems are designed to be environmentally responsible, avoiding the use of chlorofluorocarbon (CFC) based refrigerants.

♦️ Transportation accessibility: Rio Yards promotes alternative transportation methods through its proximity to bus and rail routes, secure on-site bike storage, and electric vehicle charging stations.

♦️ Cool roof strategies: To minimize the urban heat island effect, cool roof strategies have been incorporated, contributing to a more comfortable and sustainable urban microclimate.

♦️ Premium materials: The project utilized premium materials with Environmental Product Declarations (EPDs), ensuring compliance with current sustainability standards.

♦️ Lighting and rainwater management: All exterior lighting meets dark sky requirements, reducing light pollution, while 90 percent of rainwater is managed onsite, further emphasizing the building’s sustainable design.

“Achieving LEED Silver Certification for Rio Yards is a significant milestone for Wespac Construction Inc. and a testament to our dedication to sustainable construction,” said Glenn Leier, Principal/Vice President at Wespac Construction, Inc. “This award highlights our efforts to not only build a cutting-edge office space but also to prioritize environmental responsibility in every aspect of the project.”

The certification of this project was a collaborative effort. Wespac Construction Inc., extends its appreciation to all partners involved. Key contributors include RSP Architects, Wentworth Property Management, and LEED Consultant – GreenIdeas.

The interior of Rio Yards, 1337 E. Rio Salado Parkway, in Tempe, Arizona.

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.

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by Peter Madrid Jul 02, 2024

NAI Horizon facilitates $1.275M acquisition of land in Tempe for 62-unit multifamily project

News & Updates

by Peter Madrid | Jun 27, 2024 | News & Updates

PHOENIX, ARIZONA (June 27, 2024) – NAI Horizon represented the buyer in the acquisition of parcels of land totaling 40,973 SF in Tempe, Arizona, that will be rezoned for a multifamily project.

NAI Horizon’s Jay Mininberg, J.D., represented the Buyer, FJT1 Rental, LLC, of Mesa, Arizona, in the $1.275 million (approximately $31/SF) acquisition of 2422 E. Apache Blvd., 2424 E. Apache Blvd., and 1114 S. Lebanon Lane in Tempe. The parcels total .94 acres.

The transaction involved a retail property with a residential component. Upon securing the parcel, the plan is a rezone to mixed use MU-4.

“In conjunction with counsel, an architectural firm, a general contractor, and meetings with the City of Tempe, we recently closed on the parcels with plans to build approximately 62 units,” Mininberg said.

The Sellers, Robert and Mary Figueroa of Tempe were represented by Neil Sherman and Zackery Sherman with Sperry Insignia.

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.

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by Peter Madrid Jun 27, 2024

NAI Horizon facilitates a second long-term lease at business incubator Pickle House in Phoenix

News & Updates

by Peter Madrid | Jun 25, 2024 | News & Updates

PHOENIX, ARIZONA (June 25, 2024) – NAI Horizon facilitated the second long-term retail lease at a historic building in Downtown Phoenix, this time securing space for a local organization that provides the opportunity for small businesses to showcase their products and services to the public and develop ideas on a larger, and more consistent stage.

NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented the landlord, CPLC (Chicanos Por La Causa) Pickle House, LLC, in the $3.01 million, long-term lease at the CPLC Pickle House Makerspace Business Incubator at 1401 E. Van Buren St., in Phoenix.

Garza Walker also represented the tenant, Archwood Community Resource Empowerment Strategy (ACRES), which will take 13,107 SF, the entire North Building.

The business incubator provides a platform for entrepreneurs from disadvantaged backgrounds to succeed. Built in the 1920s as a family-owned pickle factory, the Arnold Pickle House sat vacant for years until CPLC purchased it in 2018. CPLC renovated the building with grant funds from the state to foster more opportunities for small businesses.

“Once again NAI Horizon is honored to be a partner in the redevelopment of an iconic location that will serve the community with an art gallery, art exhibitions, educational workshops, day camps, event space, and co-working space,” Garza Walker said.

ACRES was established in 2016 by a group of entrepreneurs and organizers with a goal of increasing the presence and vitality of Black-owned businesses in Arizona. In May of 2017 it started hosting monthly community gatherings known as “The Buy Black Marketplace.” Through its monthly marketplaces, educational opportunities, and growing network, ACRES has been able to support the growth and development of more than 200 Black-owned businesses in the Phoenix Metro service area.

Founded in 1969, CPLC provides services to people of all backgrounds while honoring its Mexican-American roots. It facilitates growth through five areas of impact: health and human services; housing; education; economic development; and advocacy.

In December 2023, Garza Walker represented CPLC in the initial long-term lease for 4,378 SF by Paws 48, an indoor dog park.

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 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 over 1.1 billion square feet of property and facilities. Annually, NAI Global completes more than $20 billion in commercial real estate transactions and 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, logistics consulting, and related advisory services. To learn more, visit www.naiglobal.com.

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by Peter Madrid Jun 25, 2024

ASA Arizona names Todd Keck of W&W Structural as Superintendent of the Year at awards event

News & Updates

by Peter Madrid | Jun 25, 2024 | News & Updates

TEMPE, ARIZ. (June 25, 2024) – Todd Keck, Superintendent at W&W Structural, Inc., was recently named Superintendent of the Year at the 2024 American Subcontractors Association (ASA) Arizona Awards at Chateaux Luxe.

Keck, who has been with W&W Structural for 3 years, is responsible for managing projects and job sites that W&W Structural oversees. Keck manages the field crew at each job site and is responsible for keeping track of project budgets, ordering equipment, and purchasing material for each project.

The Superintendent of the Year Award honors one superintendent from the ASA who stands out among subcontractors in Arizona. The Superintendent of the Year Award is given to the superintendent in the industry who is driven, passionate, and puts in the time, hard work, and dedication to his team and colleagues.

“Todd’s dedication and hard work have contributed significantly to our success; he is a great joy to have in our office. Todd exemplifies excellence and commitment, and we are privileged to have him leading with such distinction,” said Jodi Malenfant, President/Owner of W&W Structural. “W&W is incredibly proud of Todd, our superb Superintendent. He is an invaluable asset to our team.”

ASA of Arizona is a nonprofit organization that serves as a national membership trade association. Established in Arizona in 1984, it provides various opportunities for business development, education, networking, and the latest construction trends.

Members of the organization represent almost every specialty trade for commercial and residential construction. The organization also includes service providers to the subcontracting community such as material suppliers, legal, financial, and insurance firms, management and business consultants, and more. The association’s open shop and union members range in size from small private companies to large national firms.

The national ASA comprises more than 2,500 subcontractors, specialty trade contractors, suppliers, and service providers serving the construction industry

W&W is a full-service structural steel, iron, and architectural/ornamental iron fabrication and erection firm founded in 1987.

W&W Structural service lines include steel detailing, steel fabrication, steel erection, and steel management. Project experience is in healthcare, hospitality, transportation, education, federal work, industrial, multi-family, office, recreation, religious, residential, and retail.

For more information, visit w-ws.com.

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Todd Keck, Superintendent at W&W Structural, Inc., (left) with W&W Business Development Manager Tierney Encinias.

by Peter Madrid Jun 25, 2024

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