AZCREW announces 2021 leadership team; Colliers’ Lindsey Carlson named President

AZCREW announces 2021 leadership team; Colliers’ Lindsey Carlson named President

News & Updates

     PHOENIX, ARIZ. (Dec. 21, 2020) – AZCREW has elected the officers and directors that will lead Metro Phoenix’s premier women’s real estate organization’s in 2021.

AZCREW focuses on the advancement and success of women within the commercial real estate industry through leadership, professional relationships, education and excellence. AZCREW is part of the national CREW network.

The 2021 officers are Lindsey Carlson, Colliers International, President; Heather Cox, CBRE, supporting MUFG Union Bank, N.A., President-Elect; Amy Ferrari, Mode Commercial Real Estate Management, Treasurer; Samantha Pinkal, City of Surprise, Secretary; and Terry Martin-Denning, CEO/Designated Broker, NAI Horizon, Immediate Past President.

“We have assembled strategic board members with innovative ideas to propel AZCREW’s vision of elevating women in commercial real estate with impactful programming, DEI efforts and the hopes of offering in-person networking opportunities,” Carlson said. “We are grateful to Terry for her leadership in 2020, a year like none other, and are looking forward to 2021.”

AZCREW’s 2021 directors are Jenny Liles, Cushman & Wakefield, Membership; Lauren Borgeson, Mark-Taylor Companies, PR Chair; Michelle Rutkowski, MOR Studio, Special Events; and Jessi Levin, HDR, Inc., Foundation Champion.

AZCREW’s strategies include maintaining and strengthening the current membership base of more than 165 members, focusing on quality, diversity and member engagement by continuing to offer high quality, relevant programs and events to enhance membership value. AZCREW will continue to support CREW Foundation and its initiatives and promote and communicate AZCREW leadership opportunities.

Some of AZCREW’s 2020 highlights:

  • Maintained membership levels and ensured the wellbeing of its members;
  • Released 2020 CREW Network Benchmark Study: Gender and Diversity in Commercial Real Estate
  • Pivoted to Zoom with local and national panels, virtual tours, its Woman Icon event (Lindsay Moellenberndt) and professional development program, Building an Extraordinary Team.
  • Virtual networking opportunities including joint events with CREW Tucson and CREW Inland Empire, sponsored spotlight coffees and book club;
  • Participated in CREW Leadership Summits: Leadership Training, Networking and Knowledge Exchange;
  • Donated more than $5,500 to its charity partner New Pathways for Youth despite not having the annual Golfiesta Golf Tournament.

“2021 was a year like no other and definitely not the year I expected as President.  Our AZCREW Board, committee leaders and members, all rose to the challenge, continuing to engage, learn and help each other. I can’t imagine leading through the challenges of 2021 without them.” Martin-Denning said. “I look forward to 2021, supporting Lindsey Carlson and the AZCREW Board members as they further the vision for AZCREW.”

 

About AZCREW:

AZCREW is the premier commercial real estate organization that dominates in the advancement and success of women within the commercial real estate industry in Metro Phoenix through leadership, professional relationships, education and excellence. As part of CREW Network, the industry’s premier networking coalition, AZCREW is dedicated to advancing the success of women in commercial real estate. CREW Network’s membership of more than 11,000 professionals in 70+ major global markets represents all aspects of commercial real estate—providing our members with direct access to real estate professionals across all geographies and disciplines. For more information visit arizonacrew.org.

 

by Dec 21, 2020
Scottsdale-based Cadence Living implements early detection wastewater testing at its Metro Phoenix senior living communities to aid in the protection of residents and staff from COVID-19     

Scottsdale-based Cadence Living implements early detection wastewater testing at its Metro Phoenix senior living communities to aid in the protection of residents and staff from COVID-19    

News & Updates

Four senior living communities will be among the first to implement daily testing of sewage for early COVID and infectious pathogen detection, aiding in proactive containment and minimizing spread     

       SCOTTSDALE, ARIZ. (Dec. 16, 2020) – Cadence Living, a Scottsdale-based senior housing owner, developer and operator, is partnering with Pangolin Health, a California-based company implementing innovative pandemic management and containment strategies through the capture of the biological information content of wastewater, to test its Phoenix community populations.

The unobtrusive daily testing will identify the presence of infectious pathogens, including COVID-19, allowing for early detection and proactive containment to best protect the health and safety of its residents and staff. The wastewater testing technology is being installed at Cadence Living’s four Valley communities as beta test sites this week. If successful, Cadence Living plans to bring this technology to each of its 31 communities across the country.

The wastewater-testing technology, which will test the sewage outflow of the Cadence Living communities, will work by collecting samples every six minutes. The RNA from the virus that causes COVID-19 is identified in the samples, providing key information about viral spread and viral composition to Cadence’s clinical partner Genetworx, for individual testing and early determination of the presence of COVID-19 or other infectious pathogens.

Such detection will occur well-before symptoms would present in an individual at a community. In the event of a positive detection, the Cadence Living community or building where the pathogen is detected would implement its safety protocol, including the isolation of individuals living and working there as well as the testing and monitoring each person. The data obtained through the hyper-local mass testing of wastewater allows for Cadence Living to proactively contain an outbreak before it spreads while also measuring its prevention strategies.

Cadence Living communities in the Valley include Inspira Arrowhead, Acoya Mesa, Andara in Scottsdale, and Cadence Chandler.

“Installing Pangolin’s new wastewater testing technology at our communities allows us to be continuously vigilant protecting our residents and team members from COVID-19 and other infectious diseases by unobtrusively testing each community in real-time every day,” said Rob Leinbach, principal of Cadence Living. “Knowledge is power. Thanks to this new technology, we will have an early warning of potential looming infections and be better positioned to take appropriate action.  The exciting part of this technology is that it can also test for norovirus and other infectious diseases that are not being addressed by the COVID-19 vaccine.

“The combination of our hard-working team members, vaccines, wastewater testing technology and individualized testing is a potent counter to pandemics. At Cadence, we are doing everything we can to take the guesswork out of the equation and be the industry leader in protecting our residents,” Leinbach said.

The process of installing the wastewater technology began earlier this month with the inspection of the sewer systems at Cadence Living’s four Metro Phoenix communities by the Pangolin team to determine its placement and ensure the capture of flow is only from the community or a building where that type of isolation is possible. Once the system is installed, a baseline will be established through capture, testing, and recording of the data to allow for reporting of the existence of COVID-19 or other infectious diseases.

“Wastewater-based epidemiology is a powerful director of clinical testing and provides vital information for proactively preventing community spread.  It allows our clients to know of a potential outbreak before any other demonstrated testing approach.,” said Edward Renwick, CEO of Pangolin. “Our technology is similar to that being used at university dorms in Arizona and California and is proving to be the most effective tool for the proactive prevention of infectious disease spread within a segmented community. This allows our clients to direct a proactive rather than reactive prevention strategy. It is a game-changer for senior living communities that employ the technology and others who prioritize the health and safety of their residents.”

Sample testing will occur daily by Genetworx. The lab uses next-gen sequencing and rt-pcr testing. In addition to providing readings for COVID-19 and other novel viruses through testing of the RNA and DNA panels, Genetworx will also be able to detect the existence of parasites, UTIs and potentially cancer diagnostics.

About Cadence Living

Cadence Living is an owner, operator and developer of senior living communities across the United States. Cadence Living’s progressive team of professionals are devoted to providing high-quality living environments focused on health, wellness and living styles that respect individual preferences while providing supportive services to help people live their best life. The name “Cadence” underlines the company’s personal philosophy that each community should aspire, create and respond to life’s natural rhythms to enliven and enrich the experience of residents. For more information, visit www.cadencesl.com.

About Pangolin

 Pangolin LLC (“Pangolin”) is a privately-held California company implementing innovative pandemic management and containment strategies via the information content of wastewater (also known as sewage).  A substantial amount of biological information can be extracted from sewer systems, including the explicit presence or absence of SARS-CoV-2 (the causative agent of COVID-19).  Pangolin integrates best-of-class sampling, assay and interpretation technologies to provide its clients with actionable information from wastewater-based pathogen detection, allowing clients to protect workers and other vulnerable populations, avoid unnecessary economic disruption, and monitor and improve the effectiveness of public health interventions.

 About Genetworx Laboratory:

 GENETWORx is a fully integrated CAP accredited and Clinical Laboratory Improvement Amendment (CLIA) certified high complexity molecular diagnostic laboratory and health management service company that specializes in bringing the benefits of genetic testing to the patient, via a network of expert health providers. In addition to COVID-19 testing, the company also provides pharmacogenomic DNA genotyping. For additional information, please visit Genetworx.com.

 

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by Dec 16, 2020
Solutions AEC continues its growth, market   presence with refreshed, updated website

Solutions AEC continues its growth, market  presence with refreshed, updated website

News & Updates

      TEMPE, ARIZONA (Dec. 14, 2020) – Since celebrating its 15th-anniversary last year, Solutions AEC (SAEC) has continued its growth and market presence. As 2021 nears, the St. Louis-based engineering-led design-build firm is rolling out a refreshed and updated website.

“This new website will guide our clients, future SAEC team members, vendors and subcontractors to a better understanding of who we are and how we are able to serve others through the pursuit of our company vision,” said SAEC Principal/CEO Matt Ford, PE.

A fresh start in 2021 seems to be on everyone’s wish list, said SAEC Principal Kregg Kraus.

“Thanks to the hard work of our business development team, we are able to give our website that fresh start we are all looking for,” Kraus said. “Our core focus is to ‘serve people with stewardship and creativity.’ Our site includes new and updated information on our business approach, services, culture and project experience.”

Last year, SAEC’s growth plans included expanding its presence in Arizona and growing the Tempe office. The firm employs a workforce of 10 in the Valley and will be moving into a larger space in January 2021 to accommodate its growth.

SAEC’s Arizona footprint includes The Link PHX, a multifamily project at Third and Pierce streets in Phoenix; the City of Phoenix’s 27th Avenue compost facility, an industrial project; Tempe Crossroads, a student housing project; and La Loma, a Sun Health senior living home in Phoenix.

SAEC provides mechanical, electrical, and plumbing design-build construction and engineering services focused on delivering to owners, general contractors, subcontractors and architects. Those services ensure that the developer or owner gets a build that meets their needs within the budget they desire.

The commissioning services group ensures a fully functional building that meets the energy efficiency and functional performance goals for the project. SAEC executes projects from coast to coast and enjoys a strong track record of keeping design/build projects under budget and providing timely delivery on the mechanical, electrical, plumbing and fire protection systems it constructs.

The SAEC market share includes industrial, healthcare, multifamily including senior and student living, general commercial/mixed-use and government projects.

Visit the new SAEC website at www.solutions-aec.com.

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by Dec 14, 2020
Sigma Contracting revitalizes two full-service medical clinics, corporate office in Houston, Texas

Sigma Contracting revitalizes two full-service medical clinics, corporate office in Houston, Texas

News & Updates

      SCOTTSDALE, ARIZ. (Dec. 14, 2020) – Sigma Contracting Inc. was just what the doctor ordered as the Arizona-based general contractor gutted and remodeled 24,000 SF of interior space for two full-service medical clinics in Houston, Texas.

Sigma completed the projects totaling approximately $6 million for HCSC-Sanitas 1, LLC, a partnership between Sanitas Medical Center USA and Blue Cross Blue Shield (BCBS).

The projects are located at 12586 Westheimer Road and 12823 Gulf Freeway, in Houston. The Westheimer location includes 3,000 SF for the HCSC-Sanitas 1 Texas corporate office. The two facilities are in areas with minimal access to services provided by other agencies.

Each facility includes exam rooms for primary care, urgent care, specialty services with lab and diagnostic imaging services as well as wellness and disease management programs. Their multi-disciplinary approach will serve to offer coordinated high-quality healthcare for their Texas BCBS members.

“Sanitas has been a great client to work with as they understand and rely on the value Sigma brings to the table with our more than three decades of knowledge and expertise,” said Sigma President Dan Hinkson. “Their projects are challenging and unique. Time is truly our worst enemy on these facilities, and yet they make no compromise on their quality and the brand identity they convey to their customers.”

When a given market is selected, Sanitas has approximately one year to negotiate leases, develop plans, obtain building permits and complete construction. As a result, their facilities are generally located in existing centers with high vacancies whose buildings have been neglected in terms of long-term maintenance.

Often space is converted from a retail application to medical, which can require extensive structural modifications to the roof system to support additional HVAC equipment and upgrades to electrical services and sewer systems.

Notable subcontractors include Phoenix Construction for framing and drywall; Phoenix Millwork for the millwork; M.E.K. Floors for flooring; Steltzer Mechanical, HVAC; and Advanced Electric for the electrical. Architect of record was Perez McGee Architects.

 

ABOUT SIGMA CONTRACTING INC.

Sigma Contracting, Inc. is an Arizona-based company founded in 1983 and licensed in eight Southwestern states. As a premier commercial general contractor, Sigma has established a broad footprint in the region with an extensive portfolio of projects in a variety of sizes, industries, and property types, with established long-standing client relationships with top developers, architects, municipalities, and businesses in the region. For 35 years Sigma has been the turnkey contractor for more than 900 construction projects including hospitals, medical office buildings, schools, public venues, retail and industrial spaces, banks, office buildings, and municipal facilities. For more information visit www.sigmacontracting.com.

by Dec 14, 2020
SimonCRE hits notable milestone of 200 projects completed as it celebrates its 10th anniversary

SimonCRE hits notable milestone of 200 projects completed as it celebrates its 10th anniversary

News & Updates

     SCOTTSDALE, ARIZ. (Dec. 10, 2020) – SimonCRE, a national commercial real estate development and acquisition firm, recently hit a notable milestone – completing its 200th project during its 10th anniversary year.

The Scottsdale-based company, founded in 2010 by CEO and Founder Joshua Simon, has completed 200 projects across 22 states totaling more than $400 million.

Joshua Simon

The timing of this closing is especially remarkable because it occurred during an exceptionally rough climate for the retail sector in 2020. Against all odds, SimonCRE has completed more than 40 projects totaling over $200 million in this year alone.

The 200th deal was a 7,200 SF Big O Tires at Laveen Village, 4808 W. Baseline Road, in Phoenix (Laveen).

“With all the challenges surrounding the retail sector – especially now – we’re proud to have hit our 200th deal after a decade and are grateful to still have about 50 projects planned for 2021,” Simon said.

A decade ago, SimonCRE started at “ground zero” without partners or investors and built its way up through its projects and reputation with a main core value in mind: Be First. Be Fast. Persist. The company began with just one employee and has increased the staff by more than 50 percent since 2019. Today, SimonCRE totals 42 employees and continues to grow.

Mainly recognized for its single-tenant, build-to-suit properties, SimonCRE has recently adapted its business model to accommodate expansion and current demands of the market. Other property types SimonCRE has been successful in completing include multi-tenant retail centers, medical office buildings and RV storage facilities. Its client roster comprises more than 100 local and national tenants.

Recent projects:

  • The Steelyard, a 4.03-acre, 26,300-SF ground-up multi-tenant building in Chandler, Ariz. Tenants include Pita Jungle, Jersey Mike’s, Someburros, High Tide Seafood Bar, F45 Training, Athletico, Heartland Dental, Tan Max, and Nail Logic.
  • Simon Medical Plaza, a 2.51-acre, 32,000-SF ground-up medical office building in Phoenix (Laveen). Tenants include Empower Physical Therapy, Laveen Total Eyecare, Mark T. Evans Dentistry, MVP Kids Care, Stewart Chiropractic, and SMI Imaging.
  • The Shops at Prasada Village, a 2.14-acre, 10,850-SF ground-up retail center in Surprise, Ariz. Tenants include Sleep Number, Pacific Dental Services, BackFit Health & Spine.
  • RV & Boat Storage, an 11.03-acre Ameripark Covered Storage in Tucson, Arizona.
  • Jackrabbit Ranch Marketplace, a 13.5-acre ground-up retail center in Buckeye, Arizona.

“As we celebrate our 10th anniversary and 200th deal, we reflect on how our strategy has become even more laser-focused on growth, acquisition and expanding our team with the right core values,” Simon said. “I believe that is a big part of what led to our success today and will continue to push us forward.”

The Steelyard, a 4.03-acre, 26,300-SF ground-up multi-tenant building in Chandler, Ariz.

About SimonCRE

SimonCRE is a full service commercial real estate development and acquisition company that was founded in 2010 by Joshua Simon. The firm has developed and leased close to three million square feet across the United States. SimonCRE specializes in ground up development, redevelopment, single-tenant build to suits, and multi-tenant building projects. The company has roughly 50 projects, totaling approximately $300 million in construction planned for 2021. SimonCRE is headquartered at 6900 E. 2nd St., Scottsdale, Ariz. 85251. For more information, please call 480.745.1956 and visit SimonCRE.com.

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by Dec 10, 2020
Trio of land sales, 2 office building sales totaling $3M highlight deals by NAI Horizon professionals

Trio of land sales, 2 office building sales totaling $3M highlight deals by NAI Horizon professionals

News & Updates

      PHOENIX, ARIZONA (Dec. 8, 2020) – Sales of three parcels of land and two office buildings totaling $3.051 million highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:

Jay Mininberg, J.D. and Thomas Bean, CCIM negotiated a sale of a 4,432 SF office building representing the buyer, Levin Family Holdings, LLC for $1.51 million. The property is located at 11111 N. Scottsdale Road, Scottsdale, AZ. The seller, Davis, Blase, Stone & Holder, PLLC was represented by Jason Triano and Tanner Milne with Menlo CRE.

Mark Wilcke negotiated a sale of 4.97 acres of land representing the seller, Stehly Family Trust for $977,500. The property is located at 6447 S. Mountain Road, Mesa, AZ. The buyer, TWC Properties, LLC was represented by Mike Parker with CBRE.

Christopher Lewis negotiated a sale of a 3,204 SF retail building representing the seller, Eric J. Werner for $570,000. The property is located at 10812 N. Cave Creek Road, Phoenix, AZ. The buyer, Martin Nieto was represented by Denise Adame with A/J & Associates DBA Home Pros.

 Rick Foss negotiated a sale of 8 acres of land representing the buyer, Diamond A. Quarter Horses, LLC for $319,000. The property is located at 0000 West Randolph Road, Casa Grande, AZ. The seller, Gary and Kathie Little was represented by LD Hawkins with Hawkins and Associates Realty Inc.

Laurel Lewis and Dylan Whitwer negotiated a sale of a 2,732 SF office condo representing the seller, Troon LLC, a Nevada Limited Liability Company for $175,000. The property is located at 10045 E. Dynamite Blvd., Scottsdale, AZ. The buyer, Coronado House, LLC, an Arizona Limited Liability Company was represented by Ron Hassid.

Christopher Lewis negotiated a sale of 0.16 acres of land representing the seller, Law Office of Michael Doyle 401K for $70,000. The property is located at 1719 E. Madison St., Phoenix, AZ. The buyer, Picacho Peak Construction was represented by Kristin Dong with ES Realty.

 Lease Transactions:

 Mark Wilcke represented the tenant, The Camping Companies, Inc. & Art Asset Adjusters, LLC in a 60-month industrial lease for 6,960 SF at 616 S. Smith Road, Tempe, AZ. The landlord, Pegasus Investment Properties, Inc. was represented by Serena Wedlich and Evan Koplan with CBRE.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Laundry Republic, LLC in a 123-month retail lease for 2,541 SF at 3202 E. Greenway Road, Phoenix, AZ. The landlord, AP Capital Holdings LP was represented by Kalen Rickard with Western Retail Advisors.

Matt Harper, CCIM represented the landlord, AJL Properties, LLC in a 132-month lease for 1,558 SF at 1619 N. Dysart Road, Avondale, AZ. The tenant, El Taco Santo, LLC was represented by Scott Johnson with MKJ Advisors.

 Chris Gerow, Shelby Tworek, Gabe Ortega, and Patrick Anthon represented the tenant, Wilkins Investments, LLC in a 125-month retail lease for 3,445 SF at 2639 E. Broadway Road, Mesa, AZ. The landlord, Lindsay Marketplace Inc. was self-represented.

Mark Wilcke and Dylan Whitwer represented the landlord, ICC Tempe, LLC in a 25-month industrial lease for 13,940 SF at 2507 W. Erie Drive, Tempe, AZ. The tenant, Arizona Fashion Source, LLC was represented by Justin Cirell with ROI Properties.

Kevin Higgins, Lane Neville and Logan Crum represented the landlord, Crismon Superstition Development, LLC in a 120-month for 0.02 acres of land at 10153 E. Hampton Ave., Mesa, AZ. The tenant, Eco-Site II, LLC was self-represented.  

 Matt Harper, CCIM represented the landlord, MUFG Union Bank NA as Successor Trustee of the Rebecca Munda Zimmerman Trust of 1990 in a 64-month retail lease for 1,559 SF at 13681 N. Litchfield Road, Surprise, AZ. The tenant, The Boyer Bakery, LLC was represented by Larry Kramer at Realty One Group.

Matt Harper, CCIM represented the tenant, Puleo Fitness, Inc., in a 62-month retail lease for 1,487 SF at 4040 W. Ray Road, Chandler, AZ. The landlord, Mr. Shopdevoc, LLC was represented by Alan Zell with Zell Commercial.  

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, BKM Black Canyon 103, LLC in a 63-month retail lease for 1,785 SF at 8024 N. 24th Ave., Phoenix, AZ. The tenant, Pro Ink Studios, LTD was represented by Tina Larsen with Candid Realty.

Matt Harper, CCIM represented the landlord, Zhang Family Trust in a 60-month retail lease for 1,118 SF at 2850 N. 107th Ave., Avondale, AZ. The tenant, VIP Kutz & Shave’s Barbershop, LLC was self-represented.

Joe Pequeno and Troy Giammarco represented the tenant, Patrick Minnis, LLC in a 60-month office lease for 998 SF at 1208 E. Broadway Road, Tempe, AZ. The landlord, Broadway Plaza, LLC was represented by Lynda Bettini with Birtcher Arizona, LLC.

Joe Pequeno and Troy Giammarco represented the tenant, Laura Shantiece Jimmerson, Kenny Lindsey and Carmea Bass in a 39-month office lease for 2,133 SF at 4150 W. Peoria Avenue, Phoenix, AZ. The landlord, Tlaquepaque Office Plaza, Inc. was self-represented.

Matt Harper, CCIM represented the landlord, Glenn & Sandra Miller Trust in a 64-month retail lease for 1,495 SF at 3061 W. Apache Trail, Apache Junction, AZ. The tenant, Pain is Beauty Tattoo Studio, Inc. was self-represented.

Matt Harper, CCIM represented the landlord, United Group, LLC in a 41-month retail lease for 1,525 SF at 727 W. Ray Road, Gilbert, AZ. The tenant, Adelene and Francisco Hidalgo was self-represented.  

Joe Pequeno and Troy Giammarco represented the landlord, Initech Holdings, LLC in a 38-month office lease for 1,008 SF at 1480 E. Bethany Home Road, Phoenix, AZ. The tenant, On the Run Legal Solutions was represented by Scott Isacksen with Cushman & Wakefield.  

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Bell-51st, LLC in a 60-month retail lease for 1,000 SF at 4961 W. Bell Road, Glendale, AZ. The tenant, Stela Tech, Inc. was represented by Paul Blum with West USA Commercial Division.

 Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6GT, LLC in a 36-month retail lease for 1,200 SF at 5830 W. Thunderbird Road, Glendale, AZ. The tenant, JT/SG Enterprises, Inc. was self-represented.  

Matt Harper, CCIM represented the landlord, 43rd Avenue, LLC in a 63-month retail lease for 1,040 SF at 9250 N. 43rd Ave., Glendale, AZ. The tenant, Michael Sanchez was represented by Adam Lam with Sperry Commercial.

Matt Harper, CCIM represented the landlord, Sayan 26 Investment Group, LLC in a 26-month retail lease for 2,400 SF at 4323 W. Cactus Road, Glendale, AZ. The tenant, Mohammad Al-Taee was self-represented.

Jeff Adams represented the tenant, Thea Dish and Redstake Solutions, LLC in a 30.5-month retail lease for 1,456 SF at 3058 N. 16th St., Phoenix, AZ. The landlord, Sandhu Properties, LLC was represented by Brian Vander Meulen with Keller Williams Arizona Realty.

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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.

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 Dec 08, 2020
BOMA Greater Phoenix elects leadership for 2021; Michael Chadwick named president

BOMA Greater Phoenix elects leadership for 2021; Michael Chadwick named president

News & Updates

     PHOENIX, ARIZ. (Dec. 7, 2020) — BOMA Greater Phoenix, the industry group that advances the commercial real estate industry through advocacy, influence, and knowledge, elected its 2021 officers and board members.

Michael Chadwick, Bridge Commercial Real Estate, was elected President. He is joined by Vice President Melissa Scott, ASU Research Park; Patti Brown, Ryan Companies US, Secretary/Treasurer; and Monica Andreas, Interstate Restoration, Allied Chair.

“I am truly honored to be elected president of BOMA Greater Phoenix for 2021,” Chadwick said. “I’d like to thank my predecessor Robert Vincent of Cordia Capital Management for bestowing on me such a healthy and vibrant organization.”

Board members for 2021: Rebecca Angle, RW Partners LLC; Jerome Joseph, Brightview; Michael Caratachea, Titan Restoration of Arizona; Monica Greenman, Transwestern; Suzanne Logan, Restoration Management Company; Greg Pender, Highland Commercial Roofing; Daniel Porter, Paragon Services LLC; Katheryn Rhinehart, Davis Southwest; Michael Scott, Rose Paving, LLC; and Jennifer Weiner, ViaWest Group. The board will elect its governor.

BOMA Greater Phoenix wraps up the year Dec. 9 as it honors its top volunteers for their efforts in 2020. It will be a virtual event for the first time. The board vote was administered online in conjunction with BOMA’s virtual October industry luncheon.

 

About BOMA

The Building Owners and Managers Association (BOMA) International is a federation of 93 BOMA U.S. associations, BOMA Canada and its 11 regional associations and 13 BOMA international affiliates. Founded in 1907, BOMA represents the owners and managers of all commercial property types including nearly 10 billion square feet of U.S. office space that supports 3.7 million jobs and contributes $205 billion to the U.S. GDP. Its mission is to advance the interests of the entire commercial real estate industry through advocacy, education, research, standards and information. BOMA Greater Phoenix has been federated with BOMA International since 1940. Find BOMA International online at www.boma.org

 

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by Dec 07, 2020
NAI Horizon negotiates $7.5M land sale for new, 317-unit luxury apartment community in Gilbert

NAI Horizon negotiates $7.5M land sale for new, 317-unit luxury apartment community in Gilbert

News & Updates

      PHOENIX, ARIZONA (Dec. 3, 2020) – NAI Horizon represented Gilbert Growth Properties LLC (Park Corporation), headquartered in Cleveland, Ohio, in the disposition sale of 8.61 acres of land at Val Vista Square in Gilbert, Arizona, to Crescent Communities, LLC.

Val Vista Square is a large, mixed-use commercial land development located at the SEC of Val Vista Drive and Pecos Road, just north of the Loop 202 in Gilbert. NAI Horizon Senior Vice President Lane Neville and Associate Logan Crum represented the seller in the $7.5 million transaction.

The new development is for a high-density, luxury apartment project. The buyer, CC Val Vista, LLC (Crescent Communities) of Charlotte, North Carolina, is a nationally recognized developer. The new, 317-unit multi-family community is called NOVEL Val Vista.

“NAI Horizon is thrilled to be part of such a significant land transaction,” Lane Neville said. “Crescent Communities is top tier and will be building one of the finest luxury apartment properties in the entire Southeast Valley. The addition of this high-end residential component is a critical milestone for our overall commercial mixed-use project. This deal is such a nice addition to Val Vista Square and complements the soon-to-be grand opening of ALDI Grocery Store located adjacent to the NOVEL community.”

“We are thrilled to begin our work on NOVEL Val Vista and look forward to breaking ground in early 2021,” said Ken Keefe, Director of Development for Crescent Communities. “The community will feature a variety of amenity-rich offerings suited to the residents of the growing Phoenix market, including top-of-the-line finishes, a spacious and refined clubhouse, a luxury pool, sky lounge, fitness center and more.”

For the seller, selecting the right residential developer was the key to bringing the multifamily dimension to the overall project.

“We first selected Crescent Communities based on their stellar long-standing reputation to create high-quality, high-density apartment living throughout the country,” said Park Corporation representative Morgan Neville. “As we began our work to complete the land sale, we knew immediately we had picked the right group. Their entire team was creative, responsive and proactive through the entitlement and design process.

“This was really important given that this is the first multi-family project in the Town of Gilbert to be approved and developed in their newly created multi-family, high-density zoning district; and will set the bar for future urban style developments.”

Morgan Neville added the process was more challenging than usual given the unprecedented and difficult COVID-19 environment.

“This transaction is a major milestone for our property, as Crescent Communities’ NOVEL Val Vista brings the critical living component to Val Vista Square and to our vision of creating the finest mixed-use community development in Gilbert,” Morgan Neville said.

About Crescent Communities

 Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of mixed-use communities. We create high-quality, differentiated multifamily and commercial communities in many of the fastest-growing markets in the United States. Since 1963, our development portfolio has included more than 59 multifamily communities, 21 MSF of commercial space and 60 single family master-planned communities. Headquartered in Charlotte, Crescent Communities has regional offices in Washington, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Salt Lake City and Phoenix. Our multifamily communities are branded NOVEL by Crescent Communities.

 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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions. 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.

by Dec 03, 2020
Arizona commercial real estate veterans from state chapters earn prestigious CCIM designation

Arizona commercial real estate veterans from state chapters earn prestigious CCIM designation

News & Updates

     PHOENIX, ARIZ. (Dec. 2, 2020) – Nine Arizona commercial real estate professionals recently earned the prestigious Certified Commercial Investment Member (CCIM) designation by the CCIM Institute.

In August, the Central Arizona CCIM Chapter welcomed two designees, Perry Gabuzzi, CCIM, The Plaza Companies; and Adam Lam, CCIM, Sperry Commercial Global Affiliates, Insignia CRE.

In November, Phoenix hosted the testing for 11 new CCIM designees, including seven from Arizona. Also in attendance were a tester each from Washington, Texas, New Mexico and Nebraska.

>> Central Arizona CCIM Chapter designees: Jim Gilligan, CCIM, Kinsale Property Group; Bettina Hunt, CCIM, Healthcare Trust of America; Scott Rubin, CCIM, The Plaza Companies; Randy Shuffler, CCIM, Realty One Group Mountain Desert (Lake Havasu City); and Carter Wilson, CCIM, DAUM Commercial Real Estate.

>> Southern Arizona CCIM Chapter designees: Cody McGuire, CCIM, National Bank of Arizona; and Jullian Willetts, CCIM, ReMax Excalibur Commercial.

“Proctoring the fall exam for the CCIM Institute was the pinnacle of my year as chapter president. It was a long exam and the group remained strong and vigilant during the 6 hours allotted for testing,” said Central Arizona CCIM Chapter President Marina Hammersmith, CCIM, ORION Investment Real Estate.

“With the COVID protocols and this smaller intimate testing venue, I had the privilege of personally relaying the good news that each tester had succeeded and the CCIM designation was theirs. We couldn’t be prouder of this group of new designees,” Hammersmith said.

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

“The CCIM Institute has gone to great lengths to adapt to a difficult year due to COVID-19. By providing 10 different remote exam locations, including the one that just took place in Chandler, was a great example of how CCIM was able to make last-minute accommodations to give these candidates who have worked so hard to get here the opportunity to earn their designation this year,” said Region 2 Vice President Craig Finfrock, CCIM, Commercial Retail Advisors in Tucson.

“The Central Arizona CCIM Chapter really made this easy with all of their assistance making this happen. Being a part of this process is the best part about participating as a member of the Designation Committee at the CCIM Institute. For those individuals who earned their designation, this will easily be one of the most memorable and joyous days of their professional lives.”

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by Dec 02, 2020
NAIOP Arizona elects new leadership for 2021; Danny Swancey takes over as board chairman

NAIOP Arizona elects new leadership for 2021; Danny Swancey takes over as board chairman

News & Updates

PHOENIX, ARIZ. (Dec. 1, 2020) – The Arizona Chapter of NAIOP, the Commercial Real Estate Development Association, elected officers and board members for 2021.

The 2021 Executive Committee of NAIOP Arizona comprises Danny Swancey, Chairman, ViaWest Group; Rusty Kennedy, Vice Chairman, CBRE, Inc.; Cathy Thuringer, Treasurer, Trammell Crow Company; John Orsak, Programs Chair, Lincoln Property Company; Phil Breidenbach, Secretary, Colliers International; Jim Wentworth, Wentworth Property Company, Immediate Past Chairman; and Molly Carson, Ryan Companies US, Inc., Past Chair once removed.

New 2021 board members include Chris Anderson, Hines; Jeff Moloznik, RED Development LLC; Mike Olsen, Globe Corporation; and Mike Strittmatter, CBRE, Inc. (Developing Leaders representative, 1-year term).

Returning members of the board of directors are Chris Burson, Alliance Bank of Arizona; Bryon Carney, Cushman & Wakefield; Danielle Feroleto, Small Giants; Derek Flottum, Irgens; Jeff Foster, Prologis; Tom Jarvis, Willmeng Construction; Kate Morris, Transwestern; CJ Osbrink, Newmark Knight Frank; Darren Pitts, Velocity Retail Group; and Candace Rosauro, Layton Construction.

Andrew Cheney, Lee & Associates Arizona, is the board member who is rolling off the leadership team after serving as Board Chairman of NAIOP Arizona in 2018.

“The resilience, creativity and commitment of our members and corporate sponsors made 2020 a great year for our organization despite the unusual conditions,” Swancey said. “We look forward to building upon the successes of 2020 as we enter a new year and are fortunate to have such a highly-qualified and engaged board of directors to help us accomplish this.”

 

 

NAIOP, a 19,000+ member organization in North America provides unparalleled industry networking and education, and advocates for effective legislation on behalf of its members. It is the leading association for developers, owners and related professionals in office, industrial, retail and mixed-use real estate.

 

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by Dec 01, 2020