VIAONE strengthens its platform with addition of Valley industry veteran, leader Doug Singer

VIAONE strengthens its platform with addition of Valley industry veteran, leader Doug Singer

News & Updates

by | Feb 22, 2023 | News & Updates

Phoenix, Ariz. (Feb. 22, 2023) – VIAONE Commercial Real Estate welcomes 30-year industry veteran Doug Singer to the organization as Managing Director, company President and CEO Marc Bonilla announced today.

Singer was previously with Wells Fargo, Global Roofing, and Haydon Building Corp.  He will oversee and develop VIAONE’s brokerage division as well as assist in business development.

Singer’s leadership will drive VIAONE’s explosive growth by developing and broadening the company’s brokerage vertical leveraging its existing brokerage professionals as well as his vast relationships throughout the industry.

Singer has developed contacts and knowledge within the construction and architecture community, as well as his extensive business relationships, will amplify brand awareness and programmatic partnerships through VIAONE Development.

Singer began his career in the insurance industry as a broker and correspondent with Lloyd’s of London producing several large books in Washington and Arizona. His leadership and professionalism have been widely recognized as the driving force behind the growth of several companies he has been with. His leadership credentials have always been defined by mentorship and giving back to others and the community.

During his professional career, Singer has served on a variety of boards. He has spoken nationally and abroad including China. Singer currently serves on the Executive Board of Treasure House and works with the 100 Club in support of our first responders in Arizona.

“I look forward to working with Marc in the advancement of VIAONE as a leading business leader and emerging developer in the Arizona marketplace. The explosive growth we are seeing in the Valley and the need to develop in a more vertical manner utilizing a broader mixed-use concept will bring about change in how end users see the commercial real estate industry,” Singer said.

“Doug is a natural fit with VIAONE. His character is exemplary, and his leadership style is what the organization needs as we properly realign as we scale our growth. Doug’s complementary skill set will add value not only to the organization but to each member of the team.” Bonilla said.

Singer has two successful daughters, one in Seattle and one in London. He is a longtime resident of Scottsdale with his wife Julie of 35 years. He enjoys hiking, playing golf, reading, cooking, and working out.

About VIAONE

 VIAONE Commercial Real Estate and Development is driven by integrity, innovation, local expertise, and proven execution. VIAONE specializes in delivering best in class commercial real estate solutions designed to maximize outcomes through its expanded suite of services including brokerage advisory, CRE development, ownership, portfolio management, strategic partnerships, and much more. For more information about VIAONE, please visit www.ViaOneCRE.com. Also visit us on Facebook or LinkedIn @VIAONE.

by Feb 22, 2023
NAI Horizon’s Church Realty Solutions practice facilitates $1M acquisition of iconic church  

NAI Horizon’s Church Realty Solutions practice facilitates $1M acquisition of iconic church  

News & Updates

by | Feb 22, 2023 | News & Updates

     PHOENIX, ARIZONA (Feb. 22, 2023) – NAI Horizon’s Church Realty Solutions practice represented the buyer in acquiring a well-known Phoenix Baptist church that opened in the 1970s.

NAI Horizon Senior Vice President Thomas Smith represented Phoenix Chin Bethel Church in the $1 million acquisition of church property at 3314 W. Rose Lane in Phoenix. Most recently, it was the Korean New Life Presbyterian Church.

“The acquisition of the church facilities will enable Phoenix Chin Bethel Church to have space to accommodate significant expansion of its church as well as now having a location in and around their Chin community,” Thomas said. “This transaction was an excellent example of having a team committed to helping a client purchase their ideal property.

“It began with great customer service by MidFirst Bank (Gregory Simpson), solid work by the three different engineering consultants, tireless efforts from our escrow and title team from Old Republic, and a cooperative seller’s broker. All collaborated to overcome obstacles and bring the deal to a successful closing,” Smith said.

The church property features a kitchen, security lighting, a security gate, dual street frontage, landscaping, and a building sign. The parking lot, which is fenced and paved, totals 75 spaces.

It sits on a 1.54-acre corner lot near the cross streets of 35th Avenue and Bethany Home Road. The property, built in 1973, totals 11,503 SF. It is less than one mile from the growing Grand Canyon University campus.

The sanctuary has seating for about 280 parishioners. The large fellowship hall and the attached kitchen allow for large functions. The education building (north building) provides ample classroom space for adult or child education.

“For me, the Church Realty Solutions practice is part business and part ministry and serves as my driving purpose to create and deliver world-class professional real estate services to communities of faith,” Smith said.

The seller was the First Southern Baptist Church of Phoenix. Earle Schroyer assisted in the transaction through an executive referral.

 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 Feb 22, 2023
Chandler-based C3 Engineering earns prestigious NETA Accredited Company (NAC) accreditation

Chandler-based C3 Engineering earns prestigious NETA Accredited Company (NAC) accreditation

News & Updates

by | Feb 21, 2023 | News & Updates

CHANDLER, ARIZONA (Feb. 22, 2023) – C3 Engineering, an electrical testing, inspecting, and safety firm, is proud to announce it has received NETA (InterNational Electrical Testing Association) accreditation.

NETA Accredited Company (NAC) membership is tailored for third-party, independent firms involved in full-service testing, analysis, and maintenance of electrical power systems. This includes low-, medium-, and high-voltage distribution, substation, and generation equipment.

NETA maintains a comprehensive accreditation process that certifies the company and its individual technicians to assure consumers of both the qualifications of the company as well as the credentials of the individual technician. Following accreditation, the qualifications of each NETA Accredited Company and its technicians are reviewed on a regular basis.

Jabez Brunz

As a part of the process, C3 Engineering submitted an extensive application that includes company information, employee experience and training records, documented safety plans, and technical procedures. The application process was completed with a site visit by NETA staff, along with a board review and vote.

“NETA accreditation is an exciting recognition for our company and a significant reassurance for our customers,” said Jabez Brunz, C3 Engineering General Manager. “It is a testament to the hard work and professionalism of our staff, engineers, and technicians. We are very proud of our team and excited for the opportunities that accreditation brings.”

In the past 2 years, C3 Engineering customer service has driven the company to grow to a staff of more than 20 people. With its customer service, growth, and personnel, C3 has expanded to become more than an engineering company. C3 added testing services last year and this year has completed the certification process as an NAC.

NETA Accredited Companies best support the interest of the owner, as the objectivity and competency of the testing firm are as important as the competency of the individual technician.

 About C3 Engineering

At C3 Engineering, we’re dedicated to 100% customer service for our clients, providing the highest level of engineering services nationwide. Our highly trained staff offers a level of expertise and professionalism unmatched in the industry. Our utmost goal is our dedication to electrical safety for our customers, and we’re committed to providing this through our specialized services that include electrical safety engineering, maintenance and testing. You won’t find a more highly trained and qualified team of electrical engineers and professionals anywhere in the industry.  When you’re looking to work with the best, work with C3 Engineering for all your electrical safety service needs. To learn more at C3 Engineering visit c-3engineering.com.

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by Feb 21, 2023
Transact Commercial Interiors honored with a pair of awards from global workplace partner

Transact Commercial Interiors honored with a pair of awards from global workplace partner

News & Updates

by | Feb 21, 2023 | News & Updates

     PHOENIX, ARIZ. (Feb. 21, 2023) – Transact Commercial Interiors, a curator of comfortable, efficient and well-engineered furniture, modular walls, and millwork recently was honored with two awards for its dynamic collaboration with an international thought leader and innovator that offers an integrated portfolio of furniture for the modern office.

Transact Commercial Interiors won the 2021 and 2022 Teknion Dealer Impact Award for the United States as well as the 2021 and 2022 Teknion Platinum Deal Award also for the U.S.

Teknion, a global firm headquartered in Ontario, Canada, presented the awards at its Eve of Excellence Dealer Award show in Tulum, Mexico. The honors:

     Platinum Award: For exhibiting excellent customer service, strong alignment with Teknion and demonstrating integrity in business and growing the collective market share. Committed to continuous improvement.

     Impact Award: Presented to dealers that have had the “biggest impact” on their respective market with Teknion Products.

“We are beyond proud and grateful to have been awarded the Platinum and Dealer Impact awards for 2021 and 2022,” said Transact President and CEO Craig Scarpone. “Our partnership with Teknion is an integral part of our continued success and growth. We look forward to many more amazing accolades in our joint partnership.”

Teknion started with three employees working in 3,000 SF of space to produce a single product: T/O/S, an innovative response to the emergence of technology in the workplace. Its leadership championed the potential of design and began to form ties with leading architects and designers.

Design became an integral part of Teknion’s culture, recognized as a way of thinking and a powerful tool with which to shape a better world. From the beginning, Teknion has moved forward along a path to environmental and social performance.

The concept of sustainability embraces global ecology, healthy communities, corporate responsibility and wellness in the built environment. Teknion serves as a strategic partner in helping customers create healthy workspaces that drive productivity.

About Transact Commercial Interiors

At Transact Commercial Interiors, we are passionate about delivering innovative results for your space that are fueled by clever design and implemented with unparalleled customer service. We curate unique commercial spaces with ergonomically-sound furniture that improves productivity, collaboration, and comfort. The Transact Team will guide you along every step of the way, while providing financially and environmentally sustainable spaces without sacrificing aesthetics. Locally owned and operated for over 25 years, Transact Commercial Interiors is a trusted collaborative resource for effortless furniture solutions. Visit transactinteriors.com.

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by Feb 21, 2023
NAIOP Arizona Honors VanTrust Real Estate Executive Vice President and industry veteran Keith Earnest with 2022 Award of Excellence

NAIOP Arizona Honors VanTrust Real Estate Executive Vice President and industry veteran Keith Earnest with 2022 Award of Excellence

News & Updates

by | Feb 16, 2023 | News & Updates

PHOENIX, ARIZ. (Feb. 16, 2023) – Keith Earnest, a 35-year veteran of the commercial real estate industry and Executive Vice President for VanTrust Real Estate, LLC (VanTrust), has been named the recipient of NAIOP Arizona’s 2022 Award of Excellence.

The award will be presented to Earnest at the Best of NAIOP awards ceremony on April 27 at the Arizona Biltmore.

The NAIOP Arizona Award of Excellence recognizes an individual who has made a significant and positive impact on the commercial real estate industry in Arizona over a period of at least 15 years, along with direct volunteer contributions to the chapter.

As Executive Vice President of VanTrust, Earnest has overseen the completion of 2.3 million square feet of development in Arizona, including office, industrial and multifamily projects. Since entering the Arizona market in 2014, VanTrust has been investing in communities across the state with a commitment to creating lasting value through thoughtful development projects.

Under Earnest’s direction, VanTrust received the NAIOP Arizona 2021 Industrial Owner/Developer of the Year Award, having developed 1.8 million square feet of industrial space in Glendale, Peoria, Phoenix, Tucson, and Marana in 2021.

“My sincere congratulations to Keith for being recognized as NAIOP’s Award of Excellence recipient for 2022. I had the pleasure of working with Keith early in his career and can attest to his commitment to integrity and respect that have been hallmarks of his success,” said NAIOP Arizona Board Chair Cathy Thuringer, Trammell Crow Company.

“Over his more than three decades in the industry, his dedication, leadership and mentorship have positively impacted many of us in the Arizona real estate community. NAIOP is extremely grateful for Keith’s contributions to the organization both locally and nationally and very proud to present him with this prestigious award,” Thuringer said.

Earnest is well-known in the commercial real estate industry, having led VanTrust’s Southwest regional office for the past eight years, where he is responsible for Southern Nevada, Arizona, California, and Colorado. Earnest led the completion of 5.7 million square feet of product in Southern Nevada, including Northgate Distribution Center, which won the 2022 NAIOP Southern Nevada Spotlight Award for Industrial Park of the Year and was featured in the national publication, Development magazine.

Earnest led the VanTrust team that worked to land major national tenants Reckitt Benckiser, Fanatics, The Honest Company and Amazon to Northgate. VanTrust also developed the Tropical Distribution Center, which has attracted major tenants in Amazon, Sephora and Novva Data Centers.

VanTrust’s latest Nevada project, Vantage North, is a 4.6 million square foot, six-building development along the southern boundary of the Apex Industrial Park in North Las Vegas.

Earnest’s unparalleled leadership in the commercial real estate industry demonstrates his passion and commitment to the industry. Early in his career, in 1998, Earnest joined NAIOP

and in 2002 he was elected Chairman of NAIOP Arizona. He was asked to rejoin the board in 2015 and served until January 2021. He is currently a member of NAIOP’s National Board of Directors.

“Development is a team game, and I’ve had the good fortune to work with some of the most talented people in the industry. NAIOP has given me the opportunity to form professional relationships that often turn into life-long friendships. NAIOP appeals to both young professionals and seasoned veterans, and I’ve enjoyed watching the organization’s evolution and the people who make it interesting and a lot of fun. I am truly humbled by this honor and grateful to be a part of such an outstanding organization,” Earnest said.

Earnest has been involved with several local charitable organizations, including the Phoenix Thunderbirds Charity Board, All Saints’ Episcopal Day School Board, Arcadia Little League Past President, and Southwest Human Development. 

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 Feb 16, 2023
CCIM Central Arizona hits it out of the park with spring events, including Chicago Cubs game

CCIM Central Arizona hits it out of the park with spring events, including Chicago Cubs game

News & Updates

by | Feb 16, 2023 | News & Updates

     PHOENIX, ARIZ. (Feb. 16, 2023) – A receivership class. The monthly chapter meeting and lunch. A class on deploying big data. A Chicago Cubs spring training game.

The Central Arizona Chapter of CCIM, commercial real estate’s global standard for professional achievement, hits it out of the park this spring with numerous events. They include:

Commercial real estate receivership Ward Center class

Court-appointed real estate receiverships provide commercial real estate professionals with a unique opportunity to gain a solid understanding of the nuts and bolts, which is essential to success. With more than 20 years of experience administering more than 700 receiverships in state and federal court, Stephen Donell, CCIM, president of FedReceiver, Inc., shares his in-the-trenches experience navigating the complexities of this type of transaction and how brokers can best position themselves to work with receivers.

The event is on February 23 from 9 a.m. to 12:30 p.m. at the CoStar office, 2325 E. Camelback Road, Suite 110, Phoenix. Registration fee is $110 for CCIM members, $130 for Realtors, and $150 for non-members.

In real estate receiverships, participants will learn the language of receiverships, the life cycle of a receiver sale, and how to gain valuable insights regarding what receivers are looking for when retaining brokers.

Additionally, participants will learn how CoStar’s tools can help them search for distressed property opportunities in a matter of minutes.

Chapter Meeting Lunch & Learn

Kathryn Peacock with Partner Engineering and Science will cover the basics of environmental due diligence and building science and what CRE professionals need to know to successfully navigate their real estate deals.

Partner is the national leader in Phase I Environmental Site Assessments by volume. The Partner Phoenix office provides Phase I Environmental Site Assessments, Phase II Environmental testing, ADA Surveys, Property Condition Assessments, and Asbestos Surveys in support of commercial real estate.

Peacock possesses more than 20 years in the environmental consulting industry and extensive experience in due diligence assessments. Partners has a strong presence in Phoenix and is familiar with the many environmental conditions that distinguish Arizona from other parts of the country, from drywells to fluctuating groundwater, and integrate regional knowledge into their reports.

The event is March 1 with the program and lunch from 11 a.m. to noon at The Henry, 4455 E. Camelback Road, Phoenix. Check-in is 10:30 a.m. to 10:50 a.m. Registration fee is $40 for members, $55 for non-members.

CI 102: Deploying “big data”

One of CCIM’s most innovative core courses, CI 102 shows participants how to deploy “big data” and the most advanced digital tools to assess critical issues like market demand, location facility, and supply-chain strategy.

CI 102 students have learned BAO mapping and data analytics to help their clients select store locations; others used Tapestry Segmentation to determine the demand for apartment properties. In CI 102 participants will work with four case studies covering each of the major property types: office, industrial, multifamily, and retail.

There is no prerequisite to taking CI 102. The event is March 13-16 at SkySong Building 1, Conference Room 249, 1475 N. Scottsdale Road, Scottsdale.

CCIM/RMA Cubs spring training event

CCIM and RMA take over the first base party deck for a Chicago Cubs spring training game on March 14 at Sloan Park, 2330 W. Rio Salado Parkway, Mesa. The first pitch is at 6:05 p.m. Tickets are $100 for members, $125 for non-members. Sponsorship opportunities are available.

Register here for the spring events.

Visit centralazccimchapter.com to learn more about the CCIM Central Arizona Chapter.

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by Feb 16, 2023
Small business loan allows Hispanic-owned Phoenix law firm to buy own office, add jobs

Small business loan allows Hispanic-owned Phoenix law firm to buy own office, add jobs

News & Updates

by | Feb 14, 2023 | News & Updates

Saldivar & Associates becomes a building owner as it plans to add additional employees and accommodate existing clients thanks to a loan from Phoenix-based CDC Small Business Finance.

          PHOENIX, ARIZ. (Feb. 15, 2023) – If Jose Saldivar was going to help more clients, he would need more employees — and a bigger office that would welcome them, a professional setting where they could discuss their cases.

More than 13 years after he founded Saldivar & Associates, PLLC, with more than 13 years of renting, the Phoenix-based law firm now owns its new location, purchasing an existing office building, a spacious headquarters with more than 3,800 SF at 2417 N. 24th St., in Phoenix.

“Owning a building has helped me focus on helping the community and has opened the doors to other commercial real estate projects,” said Saldivar, the firm’s managing attorney in charge of supervising all employees. “Knowing that for the first time I was no longer depending on a landlord to stay in the building was a relief.

“As the economy changes, rent also changes, and it becomes challenging for a small business to keep up with higher rent.  Having my own building gives me the certainty that my law firm will continue to thrive and help people in need of quality legal representation,” Saldivar said.

Saldivar & Associates was able to make this move thanks to an SBA 504 loan through CDC Small Business Finance, a mission-driven lender based in California with operations in Arizona and Nevada. CDC Small Business Finance is part of the Momentus Capital family of companies, which also includes Capital Impact Partners and Ventures Lending Technologies.

A conference room in the offices of Saldivar & Associates.

When he started the process of purchasing the building, Saldivar said he had little knowledge in commercial property and the lending process. He had heard that SBA lending works well with first-time buyers.

“As a first-time buyer of a commercial property and owner of a law firm, it was important for me to find a lending company that could accommodate my busy schedule,” he said. “The application process was surprisingly easy. The lender was always able and willing to help make the process easier and faster.”

CDC Small Business Finance continues to be an economic development leader, holding its No. 1 position as SBA 504 lender with 20 loans in the Arizona district, totaling $16.9 million for the period from October through December 2022.

“It was a pleasant experience buying my first commercial building,” Saldivar said. “It is vital for a small business willing and able to buy a commercial property to find a team that understands small business owners that manage and work full time. CDC Small Business Finance understood all of my needs and was able to accommodate me when I had questions about the application.

“During the application process, I felt overwhelmed and unsure in some parts of the application. However, the finance team explained and helped from beginning to end. The response was always fast and to the point, making me feel secure that I was completing the process correctly.”

The SBA 504 loan structure continues to be in high demand, despite rising interest rates. The 25-year fixed interest rate option provides a controlled budget for business owners who are seeing lease rates continue to climb.

“Cathie Kelly with Desert Financial Credit Union was our participating lender. She advised Mr. Saldivar on the SBA 504 structure and provided us with a financial package,” said Belinda Rosthenhausler, CDC Small Business Finance’s vice president and commercial lender for Arizona and Nevada. “Our partnership with lenders is essential for the SBA 504 loan program. They are the advisers to the borrower/business owners and explain the benefits to the SBA 504 loan program.

“As rental rates continue to increase, more business owners are requesting to be prequalified. Our team is ready to help,” Rosthenhausler said. “The 10 percent down payment and 25-year fixed rate allow business owners a sense of security. A purchase should not utilize all working capital available, and allows an owner a 25-year fixed budget for real estate.”

For more information, visit cdcloans.com/locations/arizona.

Saldivar & Associates at 2417 N. 24th St., in Phoenix.

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 About CDC Small Business Finance

CDC Small Business Finance is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. The nation’s leading mission-based small business lender CDC delivers small business and commercial real estate loans paired with small business owner assistance to bolster entrepreneurship, economic development, and job creation.

CDC offers numerous financing products including the Small Business Administration (SBA) 504 commercial real estate loans; SBA Community Advantage working capital loans; and the SBA Microloan. We also offer non-SBA products to provide more equitable access to credit for those who are unable to qualify for traditional financing. CDC also provides free business advice to support both potential borrowers to get loan-ready as well as to help existing small business borrowers grow and expand their business.

CDC is now part of the Momentus Capital family of organizations, including Capital Impact Partners and Ventures Lending Technologies. Together, we offer a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.

Since 1978, CDC has provided more than $21.3 billion in funding to 12,000 borrowers and helped create and preserve over 214,000 jobs. Learn more at cdcloans.com and momentuscap.org.

by Feb 14, 2023
Arizona Private Lender Association announces 2023-24 Board, E. Paul Whetten named President

Arizona Private Lender Association announces 2023-24 Board, E. Paul Whetten named President

News & Updates

by | Feb 13, 2023 | News & Updates

     PHOENIX, ARIZ. (Feb. 14, 2023) – The Arizona Private Lender Association (APLA) recently announced its 2023-2024 Board of Directors and Officers.

Board officers for 2023-24 are President, E. Paul Whetten, American Life Financial; Vice President, Rob Leonard, Jr., Colonial Capital; Treasurer, Aaron Zeese, PAJ Financial; Secretary, Randy Newman, Total Lender Solutions; and Statutory Agent, D. Jeff Craven, The Craven Law Firm.

Other members are Adam Nach, Lane & Nach, P.C.; Beth Jo Zeitzer, ROI Properties; Jack Hilton Sr., Hilton Financial Corporation; Jack Hilton II, Hilton Financial Corporation; and Kevin Kim, Geraci Law Firm.

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

APLA meets six times per year with various guest speakers providing informative news in the private money lending arena. APLA Members include licensed lenders and affiliates. Affiliate Members include investors, title company representatives, attorneys, real estate brokers and other segments related to the lending industry.

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

For more information visit azprivatelenders.org.

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by Feb 13, 2023
Arizona Association for Economic Development’s golf tournament is March 3 at Legacy Golf Club

Arizona Association for Economic Development’s golf tournament is March 3 at Legacy Golf Club

News & Updates

by | Feb 9, 2023 | News & Updates

PHOENIX, ARIZ. (Feb. 9, 2023) — The annual golf tournament sponsored by the Arizona Association for Economic Development (AAED) tees off Friday, March 3, at 7:30 a.m. at the Legacy Golf Club, 6808 S. 32nd St., in Phoenix.

This year’s tourney offers cash prizes for 1st place ($800), 2nd place ($400), and third place ($200).

The registration fee is $1,400 for a foursome and $375 for an individual golfer.

“A unique opportunity exists for a team wanting to find out what’s going on in a certain community and is also looking for another player,” said AAED Executive Director Carrie Kelly. “Our staff can help pair your team with an economic developer.”

Serving as this year’s tournament co-chairs are Crystal Pierce, Arizona Director of Business Development with FFKR Architects and Sheila Smith, Business Development with Arrington Watkins Architects.

Sponsorship opportunities are also available. For more information on sponsorships please contact Braxton Hynes.  Sponsorship levels can be viewed on the registration page and purchased directly through the portal. For information on pairing with an economic developer contact Carrie Kelly.

To register visit the AAED tournament registration page here.

About AAED

The Arizona Association for Economic Development (AAED) was founded in 1974 with a mission to serve as Arizona’s unified voice for responsible economic development through professional education, public policy, and collaboration. The Association works to promote economic development in the State of Arizona through an exchange of information and educational opportunities among its members, to act as a liaison with outside groups, to influence legislation affecting economic development, and to empower members to create relationships to improve the economic outlook for Arizona. For more information on AAED, visit aaed.com or call (602) 240-2233.

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by Feb 09, 2023
Office, industrial sales in Phoenix among top deals closed by NAI Horizon professionals

Office, industrial sales in Phoenix among top deals closed by NAI Horizon professionals

News & Updates

by | Feb 9, 2023 | News & Updates

     PHOENIX, ARIZONA (Feb. 9, 2023) – An office sale and an industrial sale, both in Phoenix and totaling $2 million, were among recent deals closed by NAI Horizon professionals.

Sale Transactions:

Jay Mininberg and Thomas Bean, CCIM, negotiated the sale of a 4,644 SF office building for $1.335 million, representing the seller Cyberitas Enterprises, LLC. The property is located at 4736 N. 12th St., Phoenix, AZ. The buyer, Abrio Investment Group, LLC, was represented by Carson Eilers with Original Realty Co.

Drew Eisen and Isy Sonabend negotiated the sale of a 6,000 SF industrial building for $695,000 representing the buyer, Fire Dragon Holdings, LLC. The property is located at 9205 N. 10th Ave., Phoenix, AZ. The seller, RAB Holdings, LLC, was represented by Blake Mallery, Jason Butler and Beth Jo Zietzer with ROI Properties.

Lease Transactions:

Matt Harper, CCIM,  represented the tenant, Discount Depot 3, LLC in a 61-month industrial lease for 20,352 SF at 405 N. 75th Ave., Phoenix, AZ. The landlord, CI PHX I-GW, LLC, was represented by Phil Haenel, Mike Haenel and Brandon Borsheim with Cushman & Wakefield.

Laurel Lewis represented the tenant, Arrive Logistics, in a 40-month office lease for 15,148 SF at 4940 S. Wendler Drive, Tempe, AZ. The landlord, Orsett/Baseline, LLC, was represented by Spencer Nast with CBRE.

Mark Wilcke and Larson Wilcke represented the tenant, Boston Barricade Company Inc., in a 62-month industrial lease for 7,098 SF at 2452 W. Birchwood Ave., Mesa, AZ. The landlord, BKM Broadwood 251, LLC, was represented by Golden St. John with Vantage Commercial.

Joe Pequeno and Troy Giammarco represented the tenant, Place of Hope Treatment Center, LLC, in a 39-month office lease for 4,064 SF at 3150 N. 24th St., Phoenix, AZ. The landlord, Riviera Business Management, LLC, was represented by Jeremy Stour with Commercial Properties, Inc.

Matt Harper, CCIM, represented the landlord, Janaland, LLC, in a 60-month office lease for 1,700 SF at 6601 W. Indian School Road, Phoenix, AZ. The tenant, Cash Time Title Loans, Inc., was self-represented.

Laurel Lewis represented the tenant, One Community Media, LLC, in a 39-month office lease for 1,574 SF at 2600 N. Central Ave., Phoenix, AZ. The landlord, 2600 Tower, LLC, was represented by Michael Crystal with Cushman & Wakefield.

Joe Pequeno and Troy Giammarco represented the tenant, Step By Step WAC, LLC, in a 39-month office lease for 5,032 SF at 4201 N. 16th St., Phoenix, AZ. The landlord, Bissuq Real Estate, LLC, was represented by Jamie Swirtz with CBRE.

Matt Harper, CCIM and Thomas Bean, CCIM, represented the landlord, Sun City Professional, in a 9-month office lease for 514 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, ALK Asphalt, LLC, was self-represented.

Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 24-month retail lease for 1,107 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Pinnacle Solution, 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 Feb 09, 2023