Meritage Homes completes purchase of 271 new home lots in Buckeye, Arizona, for $10.1M

Meritage Homes completes purchase of 271 new home lots in Buckeye, Arizona, for $10.1M

News & Updates

by | Jun 29, 2023 | News & Updates

Land Advisors Organization facilitated the sale of 70 acres on behalf of the seller, expanding Meritage Homes’ presence in the Southwest Valley.    

 Scottsdale, Ariz. (June 29, 2023) – Land Advisors Organization recently facilitated the sale of 70 acres of land in Buckeye, Arizona, to Meritage Homes of Arizona for $10.1 million. The 70-acre parcel, which is preliminary platted for 271 new home lots, is located at the SWC of Apache Road and Southern Avenue.

Ben Heglie, Bret Rinehart, and Ryan Semro with Land Advisors Organization’s homebuilding team represented the seller MPC Mystic in the transaction.  This project marks Meritage’s fifth new home community in Buckeye. They have been building in the area since 2017.

“Over the past two years, Buckeye has announced nearly 3.7 million square feet of commercial development with major employers establishing themselves in the area and driving a growing need for workforce housing,” Rinehart said. “Meritage is well-known across the Valley as an exceptional builder and with this project, they will make new, much-needed, homes to Buckeye’s growing employment sector. It’s very rewarding to be part of expanding Meritage Homes’ presence in the area.”

Meritage will be offering single-family homes ranging from 1,239 SF to 2,110 SF with pricing starting in the low $300s, providing buyers seeking in the area with a wide range of options.  Meritage Homes’ new South Buckeye community is in close proximity to employment centers, shopping, dining, and Youngker High School. Construction is expected to begin in mid to late 2023 with the first new homes completing in early 2025.

“The economic environment in Buckeye continues to provide opportunities for homebuilders as more and more jobs come to the area,” said Scott Loncki, director of land acquisition for Meritage. “We are excited to deliver a unique community that will provide attainable ownership offerings to homebuyers as affordability remains an issue across the valley.”

About Meritage Homes Corporation

Meritage Homes is the fifth-largest public homebuilder in the United States, based on homes closed in 2022. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee.

Meritage Homes has delivered over 165,000 homes in its 37-year history and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, a ten-time recipient of the U.S. Environmental Protection Agency’s (“EPA”) ENERGY STAR® Partner of the Year for Sustained Excellence Award since 2013 for innovation and industry leadership in energy-efficient homebuilding, and the recipient of the EPA’s 2023 Market Leader Award for Certified Homes as well as the EPA’s 2022 Indoor airPLUS Leader Award. For more information, visit www.meritagehomes.com.

About Land Advisors Organization

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

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by Jun 29, 2023
NAI Horizon represents seller in the $1.2M disposition of Gilbert office/industrial building

NAI Horizon represents seller in the $1.2M disposition of Gilbert office/industrial building

News & Updates

by | Jun 27, 2023 | News & Updates

     PHOENIX, ARIZONA (June 27, 2023) – NAI Horizon represented the seller in the $1.205 million disposition of a freestanding office/industrial building in Gilbert, Arizona.

NAI Horizon Executive Vice President Jeff Adams represented Investment Property Exchange Services, Inc., a California corporation, as a qualified intermediary for 1545 McQueen, LLC, an Arizona Limited Liability Company.

The multi-tenant industrial property with five individual leasable spaces totals 6,140 SF at 1545 N. McQueen Road in Gilbert. The property is an evap-cooled warehouse featuring loading docks at each unit, arterial frontage, and ample parking. It was built in 1987 and has a clear ceiling height of 14 feet.

“I’m thrilled to be successfully involved with this highly-valued client over the past many years. More specifically, the prior purchase and subsequent sale transactions for this property,” Adams said. “We were able to turn a profit for the client of several hundred thousand dollars on this smaller project in just 18 months. That is net of facility improvements that were made and all other ancillary costs. The success of this project is catapulting this client into further real estate transactions here and in other parts of the country.”

Todd Hamilton and Adam Shteir with City Wide Commercial Real Estate represented the buyer, Old Republic Exchange Co., as a qualified intermediary for Maximum Management Corporation, a California corporation, as Trustee of The Richard Neal Mills Trust date Nov. 2, 1984, of Beverly Hills, California.

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 Jun 27, 2023
Long-term leases for industrial, retail properties totaling 82,000 SF highlight NAI Horizon deals

Long-term leases for industrial, retail properties totaling 82,000 SF highlight NAI Horizon deals

News & Updates

by | Jun 26, 2023 | News & Updates

     PHOENIX, ARIZONA (June 26, 2023) – Long-term leases for industrial buildings in Gilbert and Phoenix and retail properties in Phoenix totaling 82,000 SF highlight recent transactions closed by NAI Horizon professionals.

Lease Transactions:

Isy Sonabend and Drew Eisen represented the tenant, MasTec Network Solutions, in a 62-month industrial lease for 57,456 SF at 4455 E. Nunneley Road, Gilbert, AZ. The landlord, ARES Mgmt, was represented by Evan Koplan with CBRE.

Joe Pequeno and Troy Giammarco represented the tenant, Import Power House, in a 61-month industrial lease for 10,000 SF at 1422 N. 27th Lane, Phoenix, AZ.  The landlord, Pegasus West Valley, LLC, was represented by Adam Shteir with Citywide Commercial.

Matt Harper, CCIM, represented the landlord, Sligo Management, LLC, in a 120-month retail lease for 2,640 SF at 5950 W. McDowell Road, Phoenix, AZ. The tenant, Tortas El Manantial, LLC, was self-represented.

Chris Gerow, Gabe Ortega and Shelby Tworek represented the tenant, Firehouse Subs, in a 120-month lease for 1,730 SF at 2005 W. Happy Valley Road, Phoenix, AZ. The landlord, D.D. Dunlap Companies, Inc., was represented by Jerry Robers with Triple Net America.

Thomas Bean, CCIM, represented the tenant, Form Third, LLC, in a 36-month industrial lease for 10,080 SF at 2200 W. Fillmore St., Phoenix, AZ. The landlord, JSJ Ventura Development 2200, LLC, was represented by Scott Wiley with Citywide Commercial.

 Jay Mininberg represented the tenant, East Valley Pulmonary Associates, PLLC and Tri City Endocrinology, PLLC, in a 62-month medical lease for 2,450 SF at 1520 S. Dobson Road, Mesa, AZ. The landlord, C/O Lillibridge Healthcare Services, Inc., was represented by PMB Real Estate Services, LLC, as agent for VTR Desert Samaritan, LLC.

Joe Pequeno and Troy Giammarco represented the tenant, Sapphire Fitness Ventures, LLC, in a 60-month retail lease for 3,676 SF at 2722-2760 S. Alma School Road, Mesa, AZ. The landlord, 75 Cactus, LLC, was represented by Ben Epstein with Arizona Partners Retail.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Queen Creek Fiesta, LLC & JW Duke Enterprises, LLC, in a 60-month retail lease for 1,192 SF at 44460 W. Edison Road, Maricopa, AZ. The tenant, 3TP Performance, LLC, was self-represented.

Jeff Adams represented the tenant, MMKK Ventures, LLC, in a 36-month industrial lease for 3,480 SF at 4602 E. Elwood Street, Phoenix, AZ. The landlord, Schnitzer Investment Corp., was represented by Mike Goldwater with Commercial Properties, Inc.

Joe Pequeno and Troy Giammarco represented the landlord, 707 Holdings, LLC, in a 60-month industrial lease for 2,400 SF at 707 Mission Lane, Phoenix, AZ. The Tenant, Ahansen Master Tech, LLC, was represented by Adam Lewis with MHG Commercial.

Matt Harper, CCIM, represented the landlord, H & T Properties, LLC, in a 62-month retail lease for 920 SF at 602 W. Union Hills Drive, Phoenix, AZ. The tenant was self-represented.

Matt Harper, CCIM, represented the landlord, IUEICHEN, LLC, and Ponlee Li and Hawchyi Chyn, in a 26-month retail lease for 2,680 SF at 105 Main St., Florence, AZ. The tenant, Nirvana Center Dispensaries was represented by Christopher Sorensen with CPI Commercial Brokerage, LLC.

Matt Harper, CCIM, represented the landlord, LASA Realty, LLC, in a 125-month retail lease for 3,300 SF at 7448 W. Glendale Ave., Glendale, AZ. The tenant, My Dr Now, was represented by Gabby Lambright with Leaders Real Estate.

Laurel Lewis, SIOR, represented the tenant, PK Architects, in a 65-month office lease for 2,491 SF at 4515 S. McClintock Drive, Tempe, AZ. The landlord, Tempe CC, LLC was self-represented.

Matt Harper, CCIM and Thomas Bean, CCIM, represented the landlord, Sun City Professional Building, in a 12-month office lease at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Strategic Pizza, Inc., 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 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 Jun 26, 2023
Earthworks Environmental grows its U.S. footprint, rolls out updated environmental management software program ERX

Earthworks Environmental grows its U.S. footprint, rolls out updated environmental management software program ERX

News & Updates

by | Jun 24, 2023 | News & Updates

     GILBERT, ARIZ.  (June 26, 2023) – One year shy of its 10th anniversary, environmental compliance consulting firm Earthworks Environmental has much to celebrate halfway through 2023.

In February it opened a new division in Nashville, Tennessee; in April it opened a new division in Atlanta, Georgia. Earthworks Environmental also upgraded its proprietary environmental management software program ERX, which earlier this year led to the formation of a new company, ERX Industries.

The numbers for Earthworks Environmental are impressive: it now operates in 31 U.S. markets in 20 states and totals more than 900 projects across the country.

“It’s amazing to watch how we have grown organically in 9 years,” said Cherie Koester, CEO of Earthworks Environmental and sole owner and CEO of ERX Industries. “As we look ahead to 2024 and our 10th anniversary, we are eyeing expansion into South Carolina and North Carolina.

“The release of ERX 3.0 is also cause for celebration,” Koester said. “The updated version is making environmental management so much easier for the builders.”

The updated version of ERX offers several new features.

Cherie Koester

It has the ability on maps to draw lines, polygons, and points on inspection reports to show deficiencies on projects. The map automatically zooms to the site’s latitudes and longitudes with the ability to use the current location to mark the deficiency.

The trades use deficiency maps to locate each item that needs to be fixed on the inspection reports. It also makes it easy to identify where fixes must be performed on-site, especially for the land development phase where no lots exist.

With regulatory inspections, the new version of ERX creates new entries for either dust or stormwater PPP for the agency that performed the inspection. It includes the date and time of the inspection.

“This is basically regulatory tracking, where builders can keep a record when their site gets visited by a regulator or has a schedule inspection and to prepare for it,” Koester explained. “The builders can use this data to keep track of how often they are visited by a regulator and what the regulator writes up about the site. It also ensures keeping track of this data in the long run.”

For the past 9 years, Earthworks Environmental has employed ERX, which puts all aspects of environmental compliance into one program. This includes permits, inspections, and maps.

Services provided by Earthworks Environmental include stormwater pollution prevention, dust control, and construction safety compliances. The firm primarily serves land developers, vertical developers, commercial construction, and land-holding companies.

To learn more about Earthworks Environmental visit earthworksenv.com.

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by Jun 24, 2023
Silver Creek Development, ARCO Construction break ground on Sossaman Business Campus

Silver Creek Development, ARCO Construction break ground on Sossaman Business Campus

News & Updates

by | Jun 21, 2023 | News & Updates

Mesa, Arizona (June 20, 2023) – Silver Creek Development and ARCO Construction celebrated breaking ground on the Sossaman Business Campus, an eight-building speculative warehouse park in Mesa, Arizona.

Sossaman Business Park will total ±330,500 SF and will offer buildings ranging from 23,800 SF to 59,000 SF. The development is in a prime location with easy access to main distribution corridors on Sossaman and Elliot roads, near Google’s data center campus.

“The project is the epitome of what a true partnership between the owner, developer, and project team looks like. Working together to navigate costs and other challenges, ARCO is grateful for the opportunity to truly understand our client’s business and get this project out of the ground. Success for each partner involved is always ARCO’s overall goal, and we are excited to see this development bring further definition to one of the nation’s fastest-growing regions,” said Rob Kerch, ARCO Mountain West Construction Company Business Development Director.

ARCO Construction is the general contractor and ADW Architects is the project architect. CBRE Group’s Mark Krison and Luke Krison are the listing brokers, and Silver Creek Development has partnered with Mutual Development Partners for this venture. Project completion is expected in the first quarter of 2025.

About Silver Creek Development

Silver Creek Development is a Phoenix-based real estate developer that develops new properties and revitalizes underused sites to benefit the way individuals live and work and play in the 21st century. Silver Creek Development values the opportunity to partner with local contractors, consultants, community leaders and residents in each market that they invest in, which allows for a greater impact in overall development. Collectively with its partners, Silver Creek Development thoughtfully studies the feasibility, the economic impact and the public benefit of a proposed project in order to determine the risks set forth by each investment. With over 30 years of collective expertise, Silver Creek Development has experience developing over 10 million square feet of mixed-use projects in markets that span from New York to Berlin.

About ARCO Construction

With over 30 years of experience, ARCO has grown to become a leader in the design-build industry with offices in 30+ major markets and hundreds of associates nationwide. As the 3rd largest design/build general contractor in the United States, ARCO offers the strength and presence of a national builder with the personalized attention of a small company. ARCO provides clients with complete, turnkey project delivery from site selection to building turnover. ARCO’s professional qualified team of engineers, project managers, superintendents, and architects is capable of designing and building the most demanding projects anywhere in the country. As the design-build experts, ARCO’s approach results in reduced risk, firmer prices sooner and faster results

by Jun 21, 2023
VanTrust Real Estate named NAIOP 2023 Developer of the Year; honored for industry leadership, quality projects, community support

VanTrust Real Estate named NAIOP 2023 Developer of the Year; honored for industry leadership, quality projects, community support

News & Updates

by | Jun 21, 2023 | News & Updates

     WASHINGTON, D.C. (June 21, 2023) – NAIOP, the Commercial Real Estate Development Association, has selected VanTrust Real Estate, LLC (VanTrust) as its 2023 Developer of the Year – the association’s highest honor. The award will be presented during NAIOP’s CRE.Converge conference in Seattle in October.

“We at VanTrust are extremely proud to be recognized by NAIOP as the Developer of the Year for 2023, and we would like to thank NAIOP for this honor. This award is a testament to the commitment of our employees, who consistently strive to exceed expectations through a strong set of guiding values and a commitment to the communities we serve. This, we believe, is what distinguishes VanTrust and enables us to develop with a difference,” said Dave Harrison, president, VanTrust.

Established in 2010 as a full-service real estate development firm with a regional focus and a national reach, VanTrust has grown to become one of the nation’s largest privately held commercial real estate companies. VanTrust primarily develops for the Van Tuyl family, as well as select relationship-based partnerships and select fee-based development services for clients.

Headquartered in Kansas City, Missouri, with offices in Dallas; Phoenix; Columbus, Ohio; and Jacksonville, Florida, the company offers a wide range of services, including acquisitions, development, asset enhancement, and design and construction oversight.

Keith Earnest

“This award is a great honor for our entire VanTrust team. Our company is highly collaborative, so each individual across our five offices plays a significant role in helping us achieve incredible results,” said Executive Vice President Keith Earnest, who oversees the Southwest regional office in Phoenix.

The company has experienced rapid growth since its inception. VanTrust has developed more than 61 million square feet of office, industrial, multifamily, mixed-used, science + technology, and hospitality projects nationwide. Through the strong leadership of the Van Tuyl Companies, VanTrust has developed more than $6 billion worth of product. The company’s project starts in 2022 surpassed $1.3 billion.

Since entering the Arizona market in 2014, VanTrust has completed 2.4 million square feet of development in Arizona, including office, industrial and multifamily projects. VanTrust received the NAIOP Arizona 2021 Industrial Owner/Developer of the Year Award, having developed 1.8 million square feet of industrial space in five Arizona cities (Glendale, Peoria, Phoenix, Tucson, and Marana) in 2021. Some of the company’s notable Arizona developments include VT 303, Peoria Logistics Park, and Chandler Corporate Center.

Among VanTrust’s core priorities is to serve as responsible stewards of the communities in which it operates, focusing efforts on building stronger, healthier communities and delivering developments that form an integral part of these communities. Through its charitable contributions, VanTrust helps improve areas of community revitalization, education, infrastructure, economic impact, financial literacy, community health and human services, and the arts.

“We believe that supporting our communities both financially and with our time and energy improves the quality of life for our clients, business associates, our employees, and those living and working around us. Contributing to those in need is consistent with our company values, makes sense for our business, and is the right thing to do,” Harrison said.

From land acquisition to development and operations management, VanTrust is dedicated to working with its clients to identify measures that reduce environmental impact. Team members and clients incorporate sustainable strategies across their portfolio through innovation and adaptation.

“On behalf of NAIOP, we are honored to recognize the tremendous achievements of VanTrust as our 2023 Developer of the Year. The company has been incredibly successful and effectively navigated challenges by adapting to the market and leading with an entrepreneurial and nimble approach,” said Marc Selvitelli, CAE, NAIOP president, and CEO. “The company’s commitment to its employees, clients, and communities is impressive.”

VanTrust and its employees are active in NAIOP across several association chapters, including NAIOP Arizona, NAIOP Central Ohio, NAIOP Northeast Florida, NAIOP North Texas, and NAIOP Southern Nevada.

Since 1979, the NAIOP Developer of the Year award has been presented to a development company that best exemplifies leadership and innovation in the commercial real estate industry. VanTrust was selected from an impressive slate of nominees and was evaluated by a team of seasoned developers on the following criteria: outstanding quality of projects and services; active support of the industry through NAIOP; financial consistency and stability; ability to adapt to market conditions; and support of the local community.

 About VanTrust Real Estate, LLC
VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, corporate services, and asset management. Product types include office, industrial, multifamily, science + technology and mixed-use. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, and Jacksonville with its headquarters in Kansas City, Missouri. For more information, visit www.vantrustre.com.

 About NAIOP

NAIOP, a 20,000+ 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, multifamily and mixed-use real estate. The Arizona Chapter represents over 1,000 members and is among the largest in the 50+ network.

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by Jun 21, 2023
Upfront Planning & Entitlements launches new podcast focusing on network of development, land planning with special industry guests

Upfront Planning & Entitlements launches new podcast focusing on network of development, land planning with special industry guests

News & Updates

by | Jun 20, 2023 | News & Updates

     MESA, ARIZONA (June 20, 2023) – Upfront Planning & Entitlements, Inc., a woman-owned firm that provides consulting services to both public and private sector clients, is launching a podcast, “Upfront Planning Podcast.”

Ten episodes already have been recorded and two will be released this week.

“It’s a great lineup of guests on each episode and I’m confident the podcasts will resonate with development and public sector practitioners as well as the public,” said Upfront Planning & Entitlements owner Jessica Sarkissian, AICP, LEED AP. “With topics ranging from housing and development, to starting your firm or what it’s like to run for political office, the Upfront Planning Podcast is sure to have something relevant for everyone.”

Upfront Planning & Entitlements has secured some industry “heavy hitters,” including Heather Personne and Amy Malloy, Evolve Ventures; Tempe Mayor Corey Woods; Grady Gammage Jr., Gammage & Burnham; Heidi Kimball, Sunbelt Holdings; Jill Hegardt, DMB Associates; and former Valley Partnership President/CEO Cheryl Lombard.

The Upfront Planning Podcast can be found on Spotify, Apple Podcasts, or wherever you stream podcasts. #upfrontplanning #upfrontplanningpodcast

 About Upfront Planning & Entitlements

Based in Mesa, Arizona, and founded in 2019 by Jessica Sarkissian, AICP, LEED AP, Upfront Planning & Entitlements is a woman-owned firm that provides consulting services to both public and private sector clients. Its diverse project background includes expertise in commercial, residential, and industrial sectors. It boasts a wide municipal understanding within the state, buoyed by its technical design knowledge. Sarkissian possesses more than 20 years of experience in Arizona as a land-planning specialist. For more information visit upfrontplanning.com.

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by Jun 20, 2023
Big-D Construction Heavy Industrial business unit celebrates 1 year of excelling in the advanced mining, manufacturing space

Big-D Construction Heavy Industrial business unit celebrates 1 year of excelling in the advanced mining, manufacturing space

News & Updates

by | Jun 8, 2023 | News & Updates

    TEMPE, ARIZ. (June 8, 2023) — When Big-D Construction launched its Heavy Industrial business unit a year ago, it did so with the goal of being a leader in the advanced mining and manufacturing space.

As it celebrates its 1-year anniversary, Big-D Heavy Industrial has flourished with global brand experience and a collective, integrated approach to managing the transition from construction to operations. Its team members have proven to be the best in the business.

“Our commitment to long-term relationships translates to execution of our work, prompt communication, and a daily focus on being a great partner,” said Bryan Allinson, Senior Vice President of Big-D Heavy Industrial.

Joining Allinson on the leadership team is Kyle Sargent, PE, Director of Preconstruction. Sargent earned a bachelor of science degree in civil engineering from Arizona State University and an MBA from Louisiana State University. Allinson holds a bachelor of science degree in construction management from Northern Arizona University.

From site preparation to process plant facilities, Big-D Heavy Industrial offers advanced construction solutions with safety as a priority and a steadfast knowledge of the business. Team members combined have more than 200 years of experience with global brands including Bayer Industries and MP Materials.

In the past year Big-D Heavy Industrial has expanded its industry expertise in wastewater, reclamation, refineries, smelters, leach pads, concentrators, and process plants.

“Success in this complex market requires safe environments, positive interactions, and experienced professionals,” Allinson said. “Big-D Heavy Industrial has displayed great prowess in those areas over the past 12 months. It’s been a great first year.”

 ABOUT BIG-D CONSTRUCTION – HEAVY INDUSTRIAL

Located in Tempe, Arizona, Big-D Construction – Heavy Industrial was established in 2022 and is part of the Big-D family of companies, one of the largest leading group of contractors in the United States. For more than 50 years, Big-D remains on a mission to be the most sought-after construction company in the business. Focusing on the company’s core values – Respect, People, and Truth – all Big-D regional offices work to enrich the lives of customers, consultants, employees, and its community. For more information, please visit big-d.com.

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by Jun 08, 2023
Addition of Simple Machine Brewing Company to Downtown Glendale opens door for retail leasing by NAI Horizon in historic Gaslight Building    

Addition of Simple Machine Brewing Company to Downtown Glendale opens door for retail leasing by NAI Horizon in historic Gaslight Building    

News & Updates

by | Jun 6, 2023 | News & Updates

     PHOENIX, ARIZONA (June 6, 2023) – A successful “soft” launch of Simple Machine Brewing Company at the Gaslight Building in Downtown Glendale is opening the door for retail and residential leasing at the historic site.

Last year, NAI Horizon Managing Director | Retail, Matt Harper, CCIM, represented the landlord in a retail lease with Simple Machine Brewing Company at the Gaslight Building, 5743-5745 W. Glendale Ave., in Glendale, Arizona. Harper is also handling leasing for the newly opened retail space.

With suite sizes ranging from 630 SF to 3,510 SF, Harper said there are two spaces – the Grand Suite and the Boutique Suite – whose configurations include 630 SF,  2,880 SF, or 3,510 SF.

“With an outdoor patio as an added amenity, these are ideal spaces for restaurant tenants or similar,” Harper said. “Minimal tenant improvements are needed.”

The suites feature a gorgeous storefront with red brick, giant display windows, and historical exterior pendant light fixtures. Interior amenities include tall pressed-tin ceilings, kitchen, bar, walk-in cooler, and a sprinkler system. There is plenty of free public parking.

“From Day 1 of this new establishment being planned for Downtown Glendale, there has been the desire to have a new restaurant go in as a neighbor,” said Marshall Norris, owner of Simple Machine Brewing Company. “We’re thrilled and excited to work with Matt and his team at NAI Horizon. He has a great track record attracting great retail tenants to ‘cool’ spaces around the West Valley.”

Downtown Glendale attracts more than 1.6 million yearly visitors with its more than 150 unique and independently owned shops, boutiques, restaurants, and services. The property is centrally located in the heart of Downtown Glendale, adjacent to the $70 million renovation of Glendale City Hall, Murphy Park, and an outdoor concert venue.

Simple Machine Brewing Company had a “soft opening” in May. The official grand opening is scheduled for Father’s Day weekend, June 16-18. There will be live music each day, food from local restaurants, special food pop-ups, and Simple Machine Brewing Company will have some special beer releases.

The Gaslight Lofts are now available to lease (residential leasing is being handled by Faith Vance and Eric Herrmann of 3rd Base Realty Group). The lofts include  three, one-bedroom units, and eight studio apartments. Modern amenities with historic features include kitchenettes with stainless appliances, quartz countertops, elevator service, pressed-tin ceilings, wood floors, and feature lighting.

For retail leasing information, please contact Harper at (623) 692-9435.

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 Jun 06, 2023
RV Resort in Utah, land in Eloy, flex building in Phoenix highlight recent deals totaling $19M closed by NAI Horizon professionals

RV Resort in Utah, land in Eloy, flex building in Phoenix highlight recent deals totaling $19M closed by NAI Horizon professionals

News & Updates

by | Jun 6, 2023 | News & Updates

    PHOENIX, ARIZONA (June 6, 2023) – Recent deals closed by NAI Horizon professional deals spanned the Southwest and the state of Arizona to the tune of more than $19 million. They included an RV resort in Utah, land in Eloy, and a flex building in Phoenix.

Sale Transactions:

Andrew Warner negotiated the purchase of Zion River RV Resort for $17.68 million, representing the buyer, Haley Harrison Hospitality, LLC. The property is located at 551 UT-9, Virgin, Utah. Warner was assisted by Jason Griffith with NAI Excel. The seller was Zion RV Park, LLC, of Sacramento, California.

Matt Harper, CCIM, negotiated the sale of a flex building for $1.15 million, representing the buyer, Harris Investment Holdings, LLC. The property is located at 3141 W. Clarendon Ave., Phoenix, AZ. The seller, Good Star Investments, LLC, was represented by Chad Shipley with SVN Desert Commercial Advisors.

John Filli negotiated the sale of 5 acres for $140,000, representing both the seller, Robert & Darlene Burris and buyer, Alphan Atay. The land is located at 4600 N. Sunland Gin Road, Eloy, AZ.

John Filli negotiated the sale of 5 acres for $75,000, representing both the seller, Kraft Family Trust and buyer, Alphan Atay. The land is located at 4640,4620 & 4610 N. Sunland Road, Eloy, AZ.

Lease Transactions:

Gabe Ortega, Chris Gerow and Shelby Tworek represented the landlord, CP6MF, LLC, in a 120-month retail lease for 1,378 SF at 1840 E. Warner Road, Tempe, AZ. The tenant, Robeks Fresh Juices & Smoothies, was represented by Matt Milinovich with Avison Young.

Michael Myrick, CCIM, MRED, represented the landlord, Lalani Family Trust, in a 120-month medical lease for 2,867 SF at 9500 E. Ironwood Square Drive, Scottsdale, AZ. The tenant, Elite Body Sculpture was represented by Jeff Shehan with Site Selection Group.

Matt Harper, CCIM, represented the landlord, Nekho 1, LLC, in a 60-month retail lease for 6,162 SF at 2434 E. Thomas Road, Phoenix, AZ. The tenant, AG Group Partners, LLC, was self-represented.

Dylan Whitwer and Don Morrow represented the tenant, Lincare, Inc., in a 60-month office lease for 3,384 SF at 7225 N. 110th Ave., Glendale, AZ. The landlord, Valor Desert Cove, LLC, was represented by Jonathan Teeter with CBRE.

Joe Pequeno and Troy Giammarco represented the landlord, Anthony J. Rossetti, in a 38-month office lease for 2,000 SF at 3120 N. 19th Ave., Phoenix, AZ. The tenant, Archie Wellness Inc., was represented by Murray Clarkson with Commercial Properties, Inc.

Thomas Bean, CCIM, Don Morrow and Dylan Whitwer represented the landlord, Tempe CC, LLC, in a 36-month office lease for 2,604 SF at 4515 S. McClintock Drive, Tempe, AZ. The tenant, The Healing Chamber, LLC, was self-represented.

Don Morrow, Dylan Whitwer and Mike Myrick, CCIM, MRED, represented the landlord, Arcadia Management, in a 36-month office lease for 1,818 SF at 401 W. Baseline Road, AZ. The tenant, JB Taxes & Multiservices, LLC, was represented by Jose Luna with Exzel Realty.

Joe Pequeno and Troy Giammarco represented the landlord, Falcon Corporate Center, LLC in a 37-month office lease for 1,519 SF at 4711 E. Falcon Drive, Mesa, AZ. The tenant, Alphatech Computer Solutions, LLC, was represented by Scott McGill with MCG Commercial Real Estate.

Matt Harper, CCIM, represented the landlord, MAZ Northern Plaza, LLC, in a 66-month retail lease for 800 SF at 5008 W. Northern Ave., Glendale, AZ. The tenant, Fabio S. Figueredo Garrido and Yamily Haber Figueredo were self-represented.

Dylan Whitwer and Don Morrow represented the tenant, Better Every Day, LLC, in a 36-month office lease for 1,415 SF at 1837 S. Mesa Drive, Mesa, AZ. The landlord, 1837 Property, LLC, was represented by Jonathan Rigau with Terrafirma Commercial Real Estate.

 

Matt Harper, CCIM, represented the landlord, Yee Legacy II, LLC, in a 36-month retail lease for 576 SF at 18914 E. San Tan Blvd., Queen Creek AZ. The tenant, Cyclone Door Service, was self-represented.

Matt Harper, CCIM, and Thomas Bean, CCIM, represented the landlord, Sun City Professional Building, in a 12-month office lease for 529 SF at 12630 N. 103rd Ave., Sun City, AZ.  The tenant, Michael Mikulak, Jr. was self-represented.

Matt Harper, CCIM, and Thomas Bean, CCIM, represented the landlord, Sun City Professional Building, in a 16½-month office lease for 258 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, ALK Asphalt, LLC, 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 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 Jun 06, 2023