News & Updates

Longtime Arizona member Molly Ryan Carson selected as 2021 Chair of NAIOP Corporate Board

News & Updates

by Peter Madrid | Oct 21, 2020 | News & Updates

PHOENIX, ARIZ. (Oct. 20, 2020) – Molly Ryan Carson, a former NAIOP Arizona Board Chairman, has been selected as Chair of NAIOP Corporate Board for 2021.

Carson, Senior Vice President of Real Estate Development, Market Leader Southwest Region for Ryan Companies US, Inc. succeeds 2020 Board Chairman Larry Lance of EVP Asset Services, EverWest Real Estate Partners in Lakewood, Colorado.

“My goals for 2021 are to continue the work on mentorship, and to focus on diversity and inclusion in our businesses and within our industry,” Carson said. “Meaningful connections, especially in these challenging times, are what will make the difference in whether we remain stagnant or grow.”

A NAIOP member since 2007, Carson served as the Arizona Chapter’s Board Chair in 2019. She possesses nearly 20 years of experience in her role at Ryan Companies US, Inc. She is responsible for the leadership of office, industrial, retail and healthcare real estate development efforts. Carson handles site selection and acquisition, municipal use permits and approvals, design and construction coordination, financial packaging and lease or sale negotiation.

Carson has also served as a mentor, cultivating a strong group of development professionals in the industry.

“Molly brings an unmatched enthusiasm and critical perspectives to the role as NAIOP chair,” said Thomas J. Bisacquino, NAIOP president and CEO. “Her dedication to mentoring rising professionals, expanding our diversity and inclusion efforts and attracting future generations to commercial real estate are all important to our industry’s future.

“Molly’s leadership in 2021 will be invaluable as the industry and economy continue to experience the pandemic’s impact. I’m looking forward to her leading our efforts to provide our members with critical resources, and also working with members across the chapter network to leverage our many strengths and ensure that the association and industry succeed,” Bisacquino said.

Besides her ability to deliver high-profile developments, Carson is committed to improving the community in which she works. She is known for her philanthropic activity and active engagement within local and national real estate organizations.

“Molly has been an amazing leader for the Arizona Chapter of NAIOP and a champion for the entire commercial real estate industry,” said Jim Wentworth, Principal at Wentworth Property Company and 2020 Board Chairman for NAIOP Arizona. “I am certain that her special combination of business acumen and public policy savvy as well as her ability to bring people together will serve NAIOP extremely well at the national level as we all work together to recover and rebuild from the effects of the COVID pandemic.”

Meet Molly Carson, 2021 NAIOP Chair. https://vimeo.com/467834323

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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 and mixed-use real estate.

by Peter Madrid Oct 21, 2020

Arizona Self-Storage Association announces new leadership, two new board members for 2021

News & Updates

by Peter Madrid | Oct 20, 2020 | News & Updates

PHOENIX, ARIZ. (Oct. 20, 2020) – Arizona Self-Storage Association (AZSA), the trade association that represents the self-storage industry in Arizona, recently announced new leadership and two new board members for 2021.

AZSA’s new leadership comprises Diane Gibson, Cox Armored Mini Storage Management, President; Jeff Gorden, Eagle Commercial Realty Services, Vice President; Martin Lorch, BPI Capital Management, Treasurer; and Anne Mari DeCoster, Storelocal, Secretary.

“Heading this association for the next few years is certainly an honor that comes with great responsibility,” Gibson said. “AZSA is and has been known as one of the elite state associations so it’s important for myself and the current board of directors to keep that going. We continue to find board members who give of their time and knowledge to give every operator in Arizona the tools necessary to run their facilities with our standardized best practices.

Alonna Ross

“We are continuing to push ourselves to find ways to connect with our members during this challenging time to ensure our message is still getting out and we continue to help those in need of our assistance,” Gibson said.

New members on the board of directors for 2021 are Alonna Ross, StorageAuctions.com; and DeCoster. Returning board members:

Bill Alter, Rein & Grossoehme Commercial Real Estate; James Appleton, MiniCo Insurance Agency; Poppy Behrens, Conference Chair; David Brown, Wentworth Property Company; Matthew Hall, Stadium Properties; Korey Hanson, Professional Self Storage Management; Whitney Jurjevich, owner/operator; Andrew Kelly, owner/operator; Dave King, Wentworth Property Company; Richard Marmor, legal/legislator chair; Ray McRae, Arizona Mini Storage Management Company; Carol Mixon Krendl, education chair, SkilCheck Services; Belinda Rosthenhausler, CDC Small Business Finance; Chris Rudel, The Rudel Company; and Tarik Williams.

Anne Mari DeCoster

The new leadership also includes naming Amy Amideo as Interim Executive Director; she joins AZSA from the business finance industry.

“I have been entrusted with such an amazing legacy and will work diligently to maintain the high-quality standards and innovative ideas that AZSA has come to represent,” Amideo said. “I’m honored to be part of such a wonderful industry. The members have been so welcoming. The work we will do on legislative issues affecting the industry will be indicative of the collaboration within the group.”

AZSA boasts more than 600 facilities in the association owned by approximately 300 owner/operators as well as more than 100 associate members who are both local and national vendors to the self-storage industry.

AZSA holds numerous events, including live and virtual (webinar) educational offerings and networking opportunities.

About AZSA

Founded in 1996, the Arizona Self-Storage Association was created to strengthen the self-storage industry in Arizona, promote professional standards and quality, and present a unified voice on issues affecting the industry in the state and in its communities. AZSA continues that mission today with approximately 700 facility and vendor members and 300 owners. AZSA works to add and refine services which benefit it members. These services include legislative watch, legal resources, communications, facility and vendor search, educational events and networking and the AZSA Self-Storage Conference & Trade Show. For more information visit azselfstorage.org.

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by Peter Madrid Oct 20, 2020

CCIM Central Arizona Chapter offering two scholarships towards prestigious designation

News & Updates

by Peter Madrid | Oct 14, 2020 | News & Updates

PHOENIX, ARIZ. (Oct. 14, 2020) – The Central Arizona chapter of CCIM, commercial real estate’s global standard for professional achievement, is offering two scholarships for classes in 2021 that lead toward earning the prestigious CCIM designation.

The 2021 scholarship programs include:

The Tim Hatlestad, CCIM Endowed Scholarship, $1,000 value (CI 102, 103 or 104);
The David S. Miller, CCIM Endowed Scholarship, $1,000 value (CI 102, 103 or 104).

Applications are submitted directly to the individual’s local CCIM chapter. Incomplete or late applications will not be accepted. Deadline for submission is Nov. 5. Download applications here:

Tim Hatlestad, CCIM Endowed Scholarship

David S. Miller, CCIM Endowed Scholarship

Letters will be sent on or before Dec. 1 notifying those selected. Once accepted, recipients can register for their selected course. CCIM will make every effort to enroll recipients in their first choice. If this is not available, staff will contact recipient for an alternate course. Recipients are responsible for making their own travel arrangements.

Scholarship award reminder: Scholarship recipients will be responsible for reimbursing the chapter for the full cost of a failed course; failing the course renders the scholarship null and void.

The course selected can only be taken in 2021. The scholarship cannot be applied retroactively to any course already taken; the award is not redeemable for cash.

To earn the prestigious Certified Commercial Investment Member (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 chapter has also announced that it is accepting registration for the Central Arizona and CDC Small Business Finance “Par-Tee on the Green,” scheduled for Nov. 19 at Papago Golf Course, 5595 E. Karsten Way, Phoenix.

The event is from 11 a.m. to 3 p.m. Single player registration is $100; team of four registration is $350.

Proceeds will benefit CCIM and Grand Canyon University scholarships. Protective face masks will be provided by CCIM.

Please contact Tiffany Miner at centralaz@ccim.net for any questions.

Learn more about CCIM Central Arizona at centralazccimchapter.com.

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About CCIM Institute

CCIM Institute created the language of global real estate investment. Our courses and worldwide community deploy commercial real estate investment methodologies and tools that speed the pathway between opportunity, a go/no-go decision and success for an asset, taught by instructors who are themselves industry leaders.

Today, the organization, through its 50 chapters, continues to innovate best practices and elevate the commercial real estate professional through its core designation program to earn the CCIM pin— real estate’s most coveted credential — and its topical education courses offered through the Ward Center for Real Estate Studies.

In addition, membership in CCIM includes the industry’s best technology and operational platform, allowing entrepreneurial and mid-sized businesses to compete with the largest multinational providers. Today, almost 70 percent of designees hold the title of owner, partner, principal, or president, representing an exclusive worldwide referral network of 13,000 members in 30 countries. Ultimately, CCIM represents a larger vision of the commercial real estate provider, leveraging investment analysis, opinions of value, and underwriting to become a leader in sourcing capital, building a cash-flow vehicle, and ultimately creating value. Information at www.ccim.com.

by Peter Madrid Oct 14, 2020

Mobile home park, industrial building, 2 office buildings represent $7M in sales by NAI Horizon

News & Updates

by Peter Madrid | Oct 5, 2020 | News & Updates

PHOENIX, ARIZONA (Oct. 5, 2020) – Sales of a mobile home park, an industrial building and two office buildings totaling almost $7 million highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:

Andrew Warner negotiated a sale of a mobile home park representing the seller, Casa MHP, LLC for $4.4 million. The property is located at 1431 N. French St., & 1409 N. French St., Casa Grande, AZ. The buyer, Boavida Group was self-represented.

Mark Wilcke negotiated a sale of a 16,140 SF industrial building representing the buyer, JRJ Hacienda, LLC, for $1.875 million. The property is located at 712 S. Hacienda Drive, Tempe, AZ. The seller, 712 Hacienda, LLC was represented by Langdon Bridges with Commercial Properties, Inc.

Mark Wilcke negotiated a sale of a 2,181 SF office building representing the buyer, Native Arizonan Acquisitions VI, LLC for $310,000. The property is located at 4910 E. Elliot Road, Phoenix, AZ. The seller, Van Eik Trust, Papike Revocable Marital Trust & Van Eik Declaration of Trust was represented by Doug Groppenbacher with The Golba Group.

Matt Harper, CCIM, negotiated a sale of a 1,732 SF office building representing the buyer, FQ Story 1137, LLC for $294,440. The property is located at 1137 W. McDowell Road, Phoenix, AZ. The seller, D&W Properties, LLC was represented by Eddie Gonzalez with SVN.

Lease Transactions:

Lori Kahn represented the tenant, GRP Camelback, LLC in an 88-month retail lease for 3,015 SF at 4515 N. 16^th St., Phoenix, AZ. The landlord, DM Campbell, LLC was represented by Jerome Jacobs with Newmark Knight Frank.

Sharon Reeves and Matt Harper, CCIM represented the landlord, 915 N. 4^th Street, LLC in a 60-month retail lease for 5,000 SF at 915 N. 4^th St., Phoenix, AZ. The tenant, Safe Haven Brewing Company, LLC was represented by Justin DiBiase with Kidder Mathews.

Troy Giammarco and Joe Pequeno represented the tenant, OEC Shipping Los Angeles, Inc. in a 66-month office lease for 2,664 SF at 16150 N. Arrowhead Fountains Center, Peoria, AZ. The landlord, CP6AF, LLC was represented by Greg McMillan with Cushman & Wakefield.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CC Fund II Maricopa, LLC in a 60-month retail lease for 2,800 SF at 20917 N. John Wayne Parkway, Maricopa, AZ. The tenant, Emerald City Investments was represented by Ruly Couch with The Restaurant Brokers.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC in an 84-month retail lease for 1,401 SF at 21545 S. Ellsworth Loop Road, Queen Creek AZ. The tenant, Optimum Tile & Stone, LLC was represented by Jamie Prieto with DPR Realty, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Los Reyes De La Torta #3, LLC in a 60-month retail lease for 2,200 SF at 13971 N. 59^th Ave., Glendale, AZ. The landlord, Quality Holdings Inc. was represented by Bonnie Crenshaw with BA Brokerage.

Dylan Whitwer and Don Morrow represented the tenant, Mountain View Family Services, LLC in a 39-month office lease for 3,570 SF at 5501 N. 19^th Ave., Phoenix, AZ. The landlord, Parkwood, LLC was represented by Emily Currie with Colliers.

Matt Harper, CCIM represented the tenant, Family Care Connections, LLC in a 37-month office lease for 2,660 SF at 17505 N. 79^th Ave., Glendale, AZ. The landlord, Signature Services was self-represented

Joe Pequeno and Troy Giammarco represented the tenant, Krave Therapeutic Massage, LLC in a 62-month office lease for 1,514 SF at 13760 N. 93^rd Ave., Peoria, AZ. The landlord, TBPC Management, LLC was represented by Bill Cook with The Plaza Companies.

Matt Harper, CCIM represented the tenant, IC Wheels, LLC in a 36-month retail lease renewal for 2,980 SF at 7410 W. Olive Ave., Peoria, AZ. The landlord, Grand Ave Station, LLC was represented by Mark Lewis with Luke Land Realty.

Matt Harper, CCIM represented both the landlord, 43^rd Avenue, LLC and the tenant, Brenda Espinoza in a 64-month retail lease for 1,305 SF at 9250 N. 43^rd Ave., Glendale, AZ.

Matt Harper, CCIM represented the landlord, Grand Center Plaza, LLC in a 62-month retail lease for 831 SF at 11001 N. 99^th Ave., Peoria, AZ. The tenant, Joel L. Brand 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 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 Peter Madrid Oct 05, 2020

CCIM Central Arizona names leadership, board for 2021; CCRE’s Todd Hamilton tabbed president

News & Updates

by Peter Madrid | Sep 30, 2020 | News & Updates

PHOENIX, ARIZ. (Sept. 30, 2020) – The Central Arizona chapter of CCIM, commercial real estate’s global standard for professional achievement, has announced its leadership and board for 2021.

Todd Hamilton, CCIM, SIOR, Citywide Commercial Real Estate, will serve as 2021 President. The leadership team includes Marina Hammersmith, CCIM, ORION Investment Real Estate, Vice President/Immediate Past President; and Sabrina Walters, SLW Realty Group, Treasurer.

The 2021 board comprises Jenette Bennett, CCIM, Kidder Mathews; Bettina Hunt, Healthcare Trust of America; Chad Kirkorsky, Citywide Commercial Real Estate; Nicole Marucci, Kensington Vanguard; Michael Marsh, CCIM, Lee & Associates; Bobbie Mastracci, CCIM, SIOR, Phoenix West Commercial; Belinda Rosthenhausler, CDC Small Business Finance; Kaitlyn Shepard, CCIM, Bay Area Health Trust; and Brian Teske, CCIM, Casita Capital Realty.

“I’ve always been told to surround yourself with people who are even more talented and competent than you, and the 2021 CCIM Board and Chapter members do that well,” Hamilton said. “In 2021 CCIM Central Arizona Chapter will continue to bring world-class education, programming and networking opportunities to the local real estate community. I guaranty that our members will enjoy a more enriched life, full of new opportunities.”

The CCIM Institute confers the Certified Commercial Investment Member designation. 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.

Learn more about CCIM Central Arizona Chapter at centralazccimchapter.com.

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About CCIM Institute

CCIM Institute created the language of global real estate investment. Our courses and worldwide community deploy commercial real estate investment methodologies and tools that speed the pathway between opportunity, a go/no-go decision and success for an asset, taught by instructors who are themselves industry leaders.

Today, the organization, through its 50 chapters, continues to innovate best practices and elevate the commercial real estate professional through its core designation program to earn the CCIM pin— real estate’s most coveted credential — and its topical education courses offered through the Ward Center for Real Estate Studies.

In addition, membership in CCIM includes the industry’s best technology and operational platform, allowing entrepreneurial and mid-sized businesses to compete with the largest multinational providers. Today, almost 70 percent of designees hold the title of owner, partner, principal, or president, representing an exclusive worldwide referral network of 13,000 members in 30 countries. Ultimately, CCIM represents a larger vision of the commercial real estate provider, leveraging investment analysis, opinions of value, and underwriting to become a leader in sourcing capital, building a cash-flow vehicle, and ultimately creating value. Information at www.ccim.com.

by Peter Madrid Sep 30, 2020

Terracon acquires EPG of Phoenix to build on environmental resources depth and presence in the Southwest and throughout the United States

News & Updates

by Peter Madrid | Sep 22, 2020 | News & Updates

TEMPE, Ariz. (Sept. 22, 2020) – With a vision to expand its geographic presence and breadth of environmental services in the Southwestern U.S. and nationally, Terracon has announced the acquisition of Phoenix-based Environmental Planning Group (EPG).

Terracon, a leading provider of environmental, facilities, geotechnical, and materials services, acquired EPG to provide additional regional support to existing Rocky Mountain Division offices and to provide greater opportunities for EPG employees.

EPG’s approximately 50 employees will become part of Terracon, serving clients from offices in Phoenix, Salt Lake City, Denver and Las Vegas. The organization will continue to serve clients locally as Environmental Planning Group, A Terracon Company.

“EPG’s broad range of environmental services will strengthen our ability to service clients throughout Arizona and region,” said Brent M. Borchers, P.E., regional manager for Terracon and Tempe office senior principal. “We are thrilled to have EPG part of the Terracon team and look forward to working side-by-side with its staff.”

According to Terracon leaders, the transition will be seamless for EPG clients. All services will continue to be provided at a high level, and client agreements and project management will also continue without disruption. EPG’s leadership team will continue to be led by Paul Trenter, CEO, and Randy Palmer, president.

EPG is a privately held environmental consulting company with more than two decades serving public- and private-sector clients in the Western U.S. and nationally.

Founded in 1999, EPG offers interdisciplinary services including environmental planning and permitting, landscape architecture planning and design, biological and cultural resources, earth sciences, paleontology, public involvement, geographic information systems (GIS) and environmental mitigation and construction support.

“EPG brings a tremendous wealth of experience and strong professional presence in the region, further enhancing our environmental engineering and consulting services in the Southwest and Western U.S.,” said Gayle Packer, Terracon president and CEO.

“We’re excited for this great team of professionals to bring their talents to our shared vision of client service, now and in the future.”

EPG’s diverse portfolio of clients and projects includes large-scale energy utilities and electrical transmission, oil and gas, mining, municipal and private development, communities, parks and recreation, transportation and other infrastructure projects.

“This opportunity is a result of our ongoing commitment to providing excellent capabilities and service to our clients,” Trenter said. “Becoming part of Terracon’s national team of experts will leverage our existing strengths and set us on a new path for growth.”

With Terracon’s national presence, the acquisition will allow clients significantly more environmental, facilities, geotechnical, and materials resources throughout the Southwestern U.S. and nationally, and provide the ability to quickly mobilize staff to support changes in workload and project demands.

EPG joins engineering-environmental consultant Skelly and Loy, Inc., as Terracon’s second acquisition this year and 10th acquisition since the beginning of 2017.

Based in Olathe, Kan., Terracon is an employee-owned consulting engineering firm with more than 5,000 employees providing environmental, facilities, geotechnical, and materials services from more than 150 offices with services available in all 50 states. Terracon currently ranks 22^nd on Engineering News-Record’s list of the Top 500 Design Firms. For additional information about Terracon, visit terracon.com.

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by Peter Madrid Sep 22, 2020

Phoenix Kidder Mathews healthcare team signs two new tenants to Glendale’s Thunderbird Paseo Medical I and II in deals totaling 15,704 SF

News & Updates

by Peter Madrid | Sep 21, 2020 | News & Updates

PHOENIX, ARIZONA (September 21, 2020) – With a high demand for medical office space despite a national health crisis, the Phoenix Kidder Mathews healthcare team recently negotiated two leases on behalf of the landlord totaling 15,704 SF at Thunderbird Paseo Medical I and II in Glendale, Arizona.

The team of Senior Vice President Michael Dupuy and Vice President Rachael Thompson represented Ventas, Inc. (Landlord) and PMB Real Estate Services (Managing Agent). Banner Health and Glendale Obstetrics and Gynecology will join other tenants at the two-story medical office buildings at 5601 and 5605 W. Eugie in Glendale on the campus of Banner Thunderbird Medical Center.

Banner is leasing 13,049 SF and Glendale Obstetrics and Gynecology is leasing 2,655 SF.

“We are thrilled to have Banner and Glendale Obstetrics and Gynecology as tenants at Thunderbird Paseo,” Thompson said. “During a national pandemic (COVID-19), medical product in Arizona has remained in demand; patients still need to see their doctors – resulting in new leasing at medical buildings throughout our portfolio.”

Thunderbird Paseo Medical (96,569 SF), is strategically located directly across from Banner Thunderbird Medical Center within a convenient 2-minute walk. West Valley freeways are located a few miles away for easy access – 4 miles to the Loop 101 and 5 miles to Interstate 17.

The two buildings boast a lush, connecting courtyard providing enjoyable outdoor areas for both patients and staff. The tenant mix at Thunderbird Paseo includes Valley Radiologists, Banner Physical Therapy, Palo Verde Cancer Specialists, Sonora Quest Laboratories and Arizona Asthma & Allergy.

Vicki Robinson and Pat Williams with JLL represented Banner; Perry Gabuzzi with The Plaza Companies represented Glendale Obstetrics and Gynecology.

About Kidder Mathews

Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast with more than 700 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project and construction management, and debt and equity finance services for all property types. It performs $7 billion in transactions, manages more than 51 MSF of space, and conducts more than 1,500 appraisals annually. For more information visit http://kiddermathews.com/locations/phoenix.php.

by Peter Madrid Sep 21, 2020

Earthworks Environmental, housing market experiencing growth, bucking COVID-19

News & Updates

by Peter Madrid | Sep 14, 2020 | News & Updates

MESA, ARIZ. (Sept. 14, 2020) – With the residential housing market across Arizona and the U.S. experiencing steady growth despite COVID-19, Earthworks Environmental LLC has seen an increase in business of 20 percent compared to a year ago.

The Mesa-based woman/minority-owned environmental compliance firm operates in Arizona, Colorado, Florida, Maryland, Delaware, Pennsylvania, New Jersey, Ohio, Iowa, Wisconsin, Indiana, Illinois, Minnesota, and Texas.

Services provided include stormwater pollution prevention, Phase I and II Environmental Site Assessments, dust control, and construction safety compliances. The firm primarily serves land developers, vertical developers, commercial construction, and land-holding companies.

“Our growth has been impressive considering we haven’t added any new states,” said Earthworks Environmental Principal Cherie Koester. “It’s several things. The market is there across the country. Interest rates are low. In Arizona, people are moving here from other states. We’re also seeing more projects and home builders here.”

Koester said the firm is consulting on nearly 900 permits nationally, including more than 500 in Arizona. She said her firm hired a new employee whose sole job is to apply for the new Arizona Department of Air Quality (ADEQ) construction general permit (CGP).

“We’re active in Arizona now from Flagstaff to Bisbee,” Koester said.

Earthworks Environmental employs a proprietary program, ERX, a reporting software program that puts all aspects of environmental compliance into one program. This includes any permits and inspections. Koester said nearly 75 percent of the violations in her industry occur in the paperwork process.

“ERX can adapt to changes and is very customizable,” she said. “There is no program out there that has that capacity.”

Earthworks Environmental was founded in 2014, recently celebrating its 6-year anniversary. The office comprises 40 employees.

To learn more about Earthworks Environmental visit earthworksenv.com.

by Peter Madrid Sep 14, 2020

NAI Horizon negotiates $4.35M sale of pair of mobile home parks in Casa Grande, Arizona

News & Updates

by Peter Madrid | Sep 3, 2020 | News & Updates

PHOENIX, ARIZONA (September 3, 2020) – NAI Horizon represented the seller, a Florida-based LLC, in the sale of two mobile home parks in Casa Grande, Arizona, for $4.35 million.

NAI Horizon Manufactured Housing Specialist Andrew Warner represented Casa MHP LLC of Stuart, Florida, in the sale of Casa Mobile Home Ranch, 1409 N. French St., and Embers Mobile Home Park, 1431 N. French St.

The buyer was the Boavida Group of Sacramento, California.

“These communities are relatively older and were in need of improvement. The previous owners had already invested money and time in improving them and have passed the torch to Boavida Group,” Warner said. “It plans on continuing to invest in these communities, fixing the homes, the infrastructure and giving residents housing that is not only affordable but safe.”

Embers MHP comprises 26 units and sits on 2.09 acres. It was built in 1973. The park has historically maintained a vacancy rate of below 5 percent. Three of the units are tenant owned. Casa Mobile Home Ranch recently underwent $500,000 in improvements. Built in 1961, it comprises 132 units on 13.19 acres.

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 Peter Madrid Sep 03, 2020

Sales of 3 office buildings, self-storage facility, retail building totaling $11.3M highlight recent deals closed by NAI Horizon professionals

News & Updates

by Peter Madrid | Sep 2, 2020 | News & Updates

PHOENIX, ARIZONA (September 2, 2020) – The sales of three office buildings, a self-storage facility and a retail building totaling $11.3 million highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:

Denise Nunez and Victoria Filice represented the seller, Lawhead Family, LLC; and secured the buyer, Vault at Riggs Road, LLC, in the $8.35 million investment sale of American Self Storage & Mail Center. The property is located at 12220 E. Riggs Road, Chandler, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega, Patrick Anthon and Laurel Lewis negotiated a sale of a 20,672 SF retail building representing the seller, Katz and Katz, LLC for $1.5 million. The property is located at 3216 E. Cactus Road, Phoenix, AZ. The buyer, Likey International Corp. was represented by Dave Freeman with HomeSmart.

Jay Mininberg, J.D. and Thomas Bean, CCIM negotiated the acquisition of a 2,824 SF office building representing the buyer, Valley Insurance Professionals, Inc. for $650,000. The property is located at 3402 N. 36^th St., Phoenix, AZ. The seller, Simonson Building, Inc. was represented by Trenton McCullough with LevRose Commercial Real Estate.

Mike Myrick, CCIM negotiated a sale of a 2,098 SF medical office building representing the seller, Sudhakar Reddy for $547,500. The property is located at 1810 S. Crismon Road, Mesa, AZ. The buyer, Cheung and Liao, LLC was represented by Brett Ranta with AK Commercial Properties.

Joan Krueger negotiated the acquisition of a 1,360 SF office building representing the buyer, Dow Realty, LLC for $260,000. The property is located at 815 E. Warner Road, Chandler, AZ. The seller, Big 10 REI, LLC was represented by Langdon Bridges with J&J Commercial Properties, Inc.

Lease Transactions:

Troy Giammarco and Joe Pequeno represented the subtenant, Bright Health in a 59-month office sublease for 28,000 SF at 2120 Rio Salado Parkway, Tempe, AZ. The sublandlord, Varsity Tutor was represented by Ryan Bartos with JLL.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6GT, LLC in a 120-month retail lease for 2,100 SF at 5870 W. Thunderbird Road, Glendale, AZ. The tenant, Cruce Café, LLC was represented by Cole Shillne with CBRE.

Jay Mininberg, J.D. and Thomas Bean, CCIM represented the tenant, Technical Training Professionals, LLC in a 64-month office lease for 2,342 SF at 2929 E. Camelback Road, Phoenix, AZ. The landlord, CP62929, LLC was represented by Joe Vale, Tarryn Fountain and Greg McMillan with Cushman & Wakefield.

Laurel Lewis represented the tenant, Sapphire Media Group, LLC in a 65.5-month office lease for 3,247 SF at 9414 E. San Salvador, Scottsdale, AZ. The landlord, Signature Holdings Limited Partnership was represented by Chris Jantz with Cushman & Wakefield.

Matt Harper, CCIM represented the tenant, Litchfield Park Crossfit in a 65.5-month industrial lease for 6,210 SF at 9299 W. Olive Avenue, Peoria, AZ. The landlord, Mangat Investments I, LLC was represented by Chris Keeley with Phoenix Commercial Brokers.

Jeff Adams represented the tenant, Exhibits on Time, LLC in a 62-month industrial lease for 9,440 SF at 206 E. Main St., and 33 N. Hibbert St., Mesa, AZ. The landlord, Quaystone, LLC was represented by Brad Burress with Cutler Commercial.

Rick Foss and Jay Olson represented the tenant, John J. Fredizzi Trust in a 39-month industrial lease for 5,707 SF at 41780 N. Vision Way, Phoenix, AZ. The landlord, OAS Wholesale, LLC was represented by Jim Ryder with Capital Realty Advisors.

Laurel Lewis represented the tenant, PCB Group Sales Company, Inc. in a 39-month office lease for 2,435 SF at 4505 E. Chandler Blvd., Phoenix, AZ. The landlord, HHP Ahwatukee, LLC was represented by Joe Vale with Cushman and Wakefield.

Matt Harper, CCIM, represented the landlord, Hope Thunderbird Investments, LLC in a 38-month retail lease for 2,000 SF at 5145 W. Thunderbird Road, Glendale, AZ the tenant, Holland Center for Family Health, LTD. was self-represented.

Jeff Adams represented the tenant, MMKK, LLC in a 39-month industrial lease for 3,480 SF at 4602 E. Elwood Street, Phoenix, AZ. The landlord, LBA Reality Fund II-WBP, LLC was represented by Mike Goldwater with Commercial Properties, Inc.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Los Rios Farms, Inc. in a 36-month retail lease for 2,437 SF at 4705 E. Carefree Highway, Cave Creek, AZ. The tenant, Amoroso Visuals, LLC was self-represented.

Jeff Adams represented the tenant, QLED, LLC in a 39-month industrial lease renewal for 1,848 SF at 4602 E. Elwood St., Phoenix, AZ. The landlord, LBA Realty Fund II-WBP, LLC was represented by Mike Goldwater with Commercial Properties, Inc.

Matt Harper, CCIM, represented the landlord, Ed Rapee Family Trust in a 36-month retail lease for 1,400 SF at 515 E. Camelback Road, Phoenix, AZ. The tenant, Age of Aquarius, LLC was self-represented.

Matt Harper, CCIM, represented the landlord, Sayan 26 Investment Group, LLC in a 38-month retail lease for 1,200 SF at 4323 W. Cactus Road, Glendale, AZ. The tenant, Future Greats, LLC was self-represented.

Matt Harper, CCIM, represented both the landlord, 43^rd Avenue, LLC and the tenant, New Grace House of Worship, a corporation in a 26-month retail lease for 2,000 SF at 9250 N. 43^rd Ave., Glendale, AZ.

Tom Bean, CCIM, and Jay Mininberg, J.D. represented the landlord, Vintage Garden Properties in a 12-month lease renewal for 1,472 SF at 10240 W. Bell Road, Sun City, AZ. The tenant, DKAZ, LLC was self-represented.

Matt Harper, CCIM, represented the landlord, Elmo Tari Revocable Trust/LLMJ, LLC in a 3-month retail lease for 1,500 SF at 2150 E. Cactus Road, Phoenix, AZ. The tenant, EOS Fitness was represented by John Matthews with Echelon Realty Advisors.

by Peter Madrid Sep 02, 2020

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