Artisan Colour hires graphic arts expert Thomas Benedict as Director of Business Development

Artisan Colour hires graphic arts expert Thomas Benedict as Director of Business Development

News & Updates

by | Jun 1, 2020 | News & Updates

     SCOTTSDALE, ARIZONA (June 2, 2020) – Artisan Colour is pleased to announce the hiring of industry veteran Thomas C. Benedict, who joins the firm as Director of Business Development to increase Artisan’s visibility among retailers to drive catalog and enterprising multi-channel initiatives.

Benedict possesses nearly 30 years of experience in graphic arts sales and management. Working with many of the most nationally recognized direct mailers, Benedict has been instrumental in providing effective marketing channel solutions to drive client success.

“We are delighted to add Tom Benedict in the position of Director of Business Development,” said Artisan Colour President and CEO Doug Bondon. “Tom’s wealth of knowledge in the print industry combined with an expansive network of relationships built over his 30-year career adds tremendous depth to our organization. His passion to create successful partnerships provides Artisan fresh opportunities in attracting new customers seeking innovative print solutions.”

Benedict began his extensive career in the graphic arts with the Meredith Corporation, where he pursued a sales career that led to several sales leadership positions, including Western Regional Vice President of Sales for American Signature and RRD/LSC.

Benedict also served as Senior Vice President of Sales for the Banta Corporation, Quebecor and the Arandell Corporation. In addition, he co-founded Adronitis Marketing Group, an agency providing digital-based assets for both online and direct marketing strategies.

Artisan Colour began as a catalog production company in 1998. For its first five years, Artisan built a reputation as one of the top catalog production and color management companies in the nation, winning clients such as Neiman Marcus, Chico’s, Patagonia and Sundance Catalog. Artisan has since added other highly-recognizable national brands including Prana, Pottery Barn, Johnston & Murphy, Filson and Tommy John.

A native of Des Moines, Iowa, Benedict earned a degree in business administration in 1981 from Iowa State University. He is a member of the National Etailing and Mailers Organization of America (NEMOA).

Away from the office, Benedict enjoys working on house projects and traveling with his wife Colleen.

 

 

About Artisan Colour

 

Artisan Colour is a discerning color house and award-winning digital commercial printer located in Scottsdale, Arizona. Founded in 1998, Artisan is an accomplished company of 65 industry professionals working together to achieve incredible color accuracy and our core values of integrity, enthusiasm, excellence, professionalism, and respect. Visit artisancolour.com to learn more about their projects. For more information, visit artisancolour.com.

 

 

 

by Jun 01, 2020
Land Advisors Capital Expands into Texas, Facilitating Capital Investment Opportunities

Land Advisors Capital Expands into Texas, Facilitating Capital Investment Opportunities

News & Updates

by | May 26, 2020 | News & Updates

 

Michael Zarola joins Land Advisors Capital to manage expansion of capital advisory services into Texas, bringing tools to help residential builders and developers seeking liquidity during the unprecedented challenges of COVID-19 across the nation.

 

     SCOTTSDALE, ARIZ. (May 26, 2020) – Land Advisors Capital, a wholly-owned subsidiary of Land Advisors Organization, announces the expansion of its capital advisory services with the addition of Michael Zarola, who will serve as its managing director in Land Advisors’ Austin office.

Zarola will lead the Land Advisors Capital team and its nationwide advisory services, including the introduction of various tools that can provide builders and developers liquidity, with examples such as a model home sale-leaseback; project and/or company level capitalization and consulting services; non-traditional loans on land; and development infrastructure investment funding.

A veteran fund manager with the capital markets, Zarola has been facilitating investment relationships between the capital market and residential builder/developers for more than 20 years. By serving as a capital market liaison, he advises on capital placement opportunities, asset management, origination, disposition as well as mergers and acquisitions, aligning both capital and development partners with short and long-term capital strategies.

Throughout his career, Zarola has experience in and has focused his efforts in many of the top homebuilding markets, including Arizona, California, Colorado, Florida, Nevada, Texas, Utah and Washington. Prior to joining Land Advisors Capital, Zarola held a senior role with several major capital market fund managers and brings this combined experience to Land Advisors Capital’s expanding services and geographic regions.

“By expanding our capital advisory services with a presence in Texas, Land Advisors Capital will be well-positioned to facilitate new relationships between builders and developers with the capital markets during this critical time in our economy,” said Greg Vogel, founder and CEO of Land Advisors Organization. “We are already seeing a lot of interested from both the capital markets and home builders in Arizona, Texas and Florida in the tools that we’re bringing to help builders seeking liquidity to successfully navigate these challenging times, and be well-positioned to lead the economy out of the crisis.”

Tools Providing Builders and Developers with Liquidity:

     Model Home Sale Leaseback Program: Capital investors purchase a builder’s model homes, providing an immediate cash infusion for builder, then leases the homes back to the builder at an agreed upon NNN lease rate and utilizes them to market and sell production homes within each community.

     Non-Conventional Loans on Land: Builders/developers can access capital that is not readily available from conventional lenders for their land assets but is of interest to unique capital investment funds.

     Project Level Capitalization: Builders/Developers are looking to partner with capital groups on existing and new opportunities to enhance liquidity and diversify risk. A variety of unique capital solutions creates an alignment of interest between capital provider and sponsor.

     Infrastructure Investment Funding: Builder/developers that maintain large land positions with active development require significant infrastructure spending that can deplete a builder/developer’s liquidity. This new structure allows builder/developer to advance its infrastructure and move its project(s) forward to maintain a comfortable liquidity position.

Land Advisors Capital has been providing access to capital market financing for homebuilders and residential land developers since the last downturn in 2008. The firm’s capital services combine data-driven market analytics with an in-depth financial analysis and risk assessment of builders and developers.

The Capital team also prepares introductions to capital market financing opportunities with a comprehensive pitch deck, pro forma, sales and cost tracking, as well as deal negotiation and long-term relationship management services. For capital partners, the firm provides unique access to qualified niche builders and developers who offer diverse, risk-adjusted investment opportunities with an alignment of investment goals.

 

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 and Tampa Bay, Florida; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIn.

 

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by May 26, 2020
Terracon Project Manager Eric Lyding achieves prestigious certification of Professional Engineer

Terracon Project Manager Eric Lyding achieves prestigious certification of Professional Engineer

News & Updates

by | May 26, 2020 | News & Updates

     TEMPE, ARIZONA (May 26, 2020) – Terracon, an engineering consulting firm, is pleased to announce that Eric Lyding has achieved the certification of Professional Engineer.

Lyding, PE, is a Project Manager for Terracon’s Environmental Department. He is responsible for projects throughout the Western U.S., mainly in Arizona. He manages a variety of environmental projects including:

Industrial hygiene (exposure assessment, noise surveys, ventilation, indoor air quality, mold assessment and remediation, etc.), due diligence (Phase I ESAs), sub-surface investigations (Phase II ESAs, soil/gas surveys), asbestos and lead paint surveys and abatement, Brownfield sites, and regulatory compliance (SWPPPs, SPCCs, audits, and air permitting).

Lyding, PE, is also responsible for mentoring colleagues and reviewing their work.  Additionally, he manages several of Terracon’s industrial hygiene clients and promotes the growth of Terracon’s Industrial Hygiene sector. Terracon strives to be a leader in safety through the Incident, Injury Free (IIF) program.

“Eric has always been a solid performing industrial hygienist,” said Mike Crandall, Manager, Industrial Hygiene Services, CIH, LEED AP, with Terracon. “Having his PE will enhance our ability to attract clients and instill additional confidence in our program.”

Lyding, PE, is a member of the American Industrial Hygiene Association (AIHA); American Council of Governmental Industrial Hygienists (ACGIH); American Council of Engineering Companies (ACEC); American Society of Civil Engineers (ASCE); Environmental Information Association (EIA); Environmental Professionals of Arizona (EPAZ); and U.S. Green Building Council (USGBC).

“We are excited that Eric has attained his Professional Engineer license,” said Brent Borchers, PE, Senior Principal/Regional Manager for Terracon. “It adds a unique dimension to our environmental practice in Arizona and the Southwest, especially in industrial hygiene services.”

A native of Phoenix, Lyding, PE, earned a B.S. in chemical engineering from Arizona State University. He gives back to the community through Pat’s Run; Race for the Cure (Susan G. Komen); and Climb to Conquer Cancer (American Cancer Society, organized Terracon to sponsor a team). Lyding, PE, is also an integral part in organizing and running Terracon’s annual charity golf event.

Away from the office, Lyding, PE, enjoys cooking, sports, outdoor activities, walking and playing with his two dogs.

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 22nd on the Engineering News-Record list of Top 500 Design Firms and is ranked No. 1 in Asbestos and Lead Abatement Design.

To learn more about Terracon visit terracon.com/offices/phoenix/

by May 26, 2020
Cawley Architects adds to its office leadership ranks by promoting three to Associate status

Cawley Architects adds to its office leadership ranks by promoting three to Associate status

News & Updates

by | May 20, 2020 | News & Updates

     PHOENIX, ARIZ.  (May 20, 2020) – Cawley Architects continues to hone the firm’s leadership skills and professional growth with the promotion of three senior project managers to the title of Associate.

Earning the new appointment are RoseAnn Linsmeyer, Justen Cassidy and Gordon DuSell.

“Our Associates are our future leaders in management and innovation, and we look to them to become role models by promoting mentorship, fellowship, advocacy and service as well as possessing excellent architectural skills,” said Sherman Cawley, founder of the company.

Linsmeyer, who has been with Cawley for 14 years, was promoted to Associate/Interior Designer/Senior Project Manager. She has recently broadened her role to become the interior designer for all of the firm’s projects and will represent the firm in project meetings and presentations.

A native of Appleton, Wisconsin, Linsmeyer earned a BA from the University of Wisconsin-Stevens Point. She is actively involved with the International Interior Design Association (IIDA) Southwest Chapter and serves on the Pride Awards event committee.

Cassidy was promoted to Associate/Senior Project Manager. He has been with Cawley for 5 years. He recently became the firm’s newest registered architect, a dream he has had since he was 16 years old. As a new Associate, he possesses an exceptional attitude and an ability to perform with a “can do” attitude to make himself and the firm successful.

A native of Pittsburgh, Pennsylvania, Cassidy earned his architectural degree (BA) from the Kent State University College of Architecture and Environmental Design. Cassidy is actively involved with NAIOP Arizona, CRENAB and the National Council of Architectural Registration Boards (NCARB).

DuSell was promoted to Associate/Construction Administration Manager. He has been with Cawley Architects for 4 years. He will be responsible for providing and maintaining the highest levels of architectural quality and innovation.

He will support directors in project management and provide direction on design and construction matters. As a new Associate he will also advance Cawley’s technical and professional proficiency.

Born in Aurora, Illinois, DuSell was raised in and around Syracuse, New York. He earned a Master’s degree in architecture from the Tulane School of Architecture. DuSell is actively involved with the Construction Specifiers Institute (CSI).

“An Associate at our firm is a senior-level project architect or manager that we recognize for his or her exceptional value and contribution, not only to the firm but also to the architectural profession and the community,” Cawley said. “Associates are respected and admired in their ability to perform unique functions in our organization and are regarded as integral to our companies’ long-term success.”

About Cawley Architects

With almost 800 high-value projects in our portfolio, Cawley Architects is one of the most prolific architectural firms in Arizona. For 25 years, we have been applying our uniquely collaborative approach to project management in order to create buildings of superior form, function and value. During that time, it has been our privilege to participate in some of the top commercial projects throughout the Valley along with an exceptional group of clients, contractors, and design professionals. We are knowledgeable in the specialized architectural requirements, technologies and trends of many building types. This includes: Industrial, Healthcare, Education, Bioscience, Restaurant, Entertainment, Office, Commercial, Automotive, Manufacturing, Distribution, Aerospace, Retail and Tenant Improvement. From small neighborhood bistros to large biotech laboratories, we have the expertise, resources, and connections to serve your needs and execute your plan — and provide you with unsurpassed value. cawleyarchitects.com.

by May 20, 2020
Phoenix West Commercial mirrors West Valley growth with expansion of its Avondale office  

Phoenix West Commercial mirrors West Valley growth with expansion of its Avondale office  

News & Updates

by | May 19, 2020 | News & Updates

     AVONDALE, ARIZONA (May 19, 2020) – Looking to mirror the growth of the West Valley, Phoenix West Commercial, a full-service real estate brokerage firm in Avondale, is expanding as well.

“We know the West Valley better than anyone. With our relationships and knowledge, we can help others make connections and grow their commercial real estate business,” said Bobbie Mastracci, CCIM, SIOR, Designated Broker/Principal of Phoenix West Commercial.

Mastracci said leadership and mentoring are two pillars upon which her firm is built. It takes a leadership role as a company in the West Valley and she has personally focused on that submarket as her area of specialty since 2006.

Bobbie Mastracci

“We close deals all over the state and throughout the country in collaboration with other brokers,” Mastracci said. “We do close many deals outside of the West Valley, but that is where our leadership lies.”

Phoenix West Commercial professionals lease and sell office, retail, industrial and medical office properties. It also sells land. Mastracci said her goal is to have groups of three to four brokers in each property type. The company currently has eight professionals at its office at 125 S. Avondale, Blvd., Suite 100.

“I don’t want one sector to be the lead or be known as a particular sector brokerage,” she said. “If we started with a senior agent with experience that could then recruit junior agents to work under and with them, that would be ideal.”

Phoenix West Commercial offers professional amenities that include flexibility, a team environment, and a modern office with large conference room for client meetings. Advanced analysis tools for its agents include RealNex Market Edge.

“Our team of professionals recognize that our success is built on the growth and success of the clients we represent; not on any one transaction, but the cherished long-term relationship of trust and service with each of them,” said senior broker Bob Myers.

“We are looking for anyone who fits the requirements to which we prescribe including an entrepreneurial spirit and experience,” Mastracci said.

Providing mentorship to new brokerage professionals is key to a successful recruitment effort, Mastracci stressed. During her career she has mentored brokerage professionals who came from the residential side as well as those with little or no commercial real estate experience.

“With the changes we have in place offering more service and less fees, I think we will have better success in retention,” Mastracci said. “Commercial real estate is a full-time profession and one needs an entrepreneurial spirit to be a top producer or even succeed.”

Mastracci is an advocate for membership in the various industry groups. She has served twice as president of the Central Arizona CCIM Chapter; was CCIM Region II vice president overseeing and supporting 11 chapters for a two-year term; and is co-founder (in 2007) of the West Valley Commercial Real Estate Group.

“Company culture is what it’s all about,” Mastracci said. “We are given so much and are blessed to be in the position to give back not only to our profession but to our community; financially and volunteering time.”

About Phoenix Commercial West

Phoenix West Commercial LLC is a commercial real estate brokerage located in Avondale, Arizona. We have access to local, national, international deals, clients and properties. Phoenix West Commercial agents have true respect and encourage the communities’ evolution. Since 2012, our team has produced highly successful transactions. We serve and provide professional, commercial real estate services throughout Arizona and the U.S. We’ve helped customers in various industries and scenarios from banking, retail, medical, industrial, government, and land sales for investors, landlords and tenants. For more information visit phxwc.com.

by May 19, 2020
Piñon Lofts Apartments opening in Sedona, will bring much-needed multi-family community

Piñon Lofts Apartments opening in Sedona, will bring much-needed multi-family community

News & Updates

by | May 19, 2020 | News & Updates

     PHOENIX, ARIZ. (May 19, 2020) – A much-needed multi-family residential housing community is coming to Sedona, Arizona, with the opening of Piñon Lofts Apartments.

Piñon Lofts will offer 45 new Energy Star-certified apartment homes in four different floor plans consisting of one- and two-bedroom apartments. Keith Holben, President of MK Company Inc., owner of Piñon Lofts, had the environment in mind when developing this community.

“These are the highest standard Energy Star certified apartments,” Holben said. “We wanted to be better stewards to the environment and have energy efficiency for our residents.”

Piñon Lofts, 10 Piñon Drive in Sedona, will welcome residents at the beginning of June. The community features Energy Star® appliances, quartz countertops, full-size washers and dryers in most units, wood-inspired flooring, double-pane windows, extra insulation, super-efficient heating and cooling, ceiling fans and water-saving fixtures.

MEB Management Services, AMO®, has been selected as the property management firm for Piñon Lofts.

“Our team couldn’t be prouder to represent such an important addition to the Sedona area,” said Susan Kauffman, Director of Strategic Relationships for MEB. “Mr. Holben built these apartments for the workforce in this area. This is their apartment community.”

In addition to the energy efficiency, Piñon Lofts will be the first community to offer high-speed fiber-optic Wi-Fi set up for the residents the day they move in.

“These apartments are relevant today for the way people watch TV, stream content, work from home and browse the internet,” Holben said. “A true gamechanger for the residents that will live here.”

Piñon Lofts also offers a pet area, pool area with BBQ grills, covered parking, limited garage spaces, storage units designed for residents, secure package delivery boxes, privacy and spectacular views.

The $11 million community totals 43,260 SF and sits on 2.26 acres. It is being developed by Pinon-Lofts, LLC of Scottsdale.

The construction team includes BFL Construction Company/Hope Construction; BMA Architecture (Brian Andersen); and major subcontractors Kuhl’s Electric of Phoenix; SOLLiD Cabinetry of Tempe, AZ; and Rocky Construction of Camp Verde, Arizona.

 About MEB Management Services

MEB provides management services to all types and qualities of multi-family assets. MEB has corporate offices Phoenix, Tucson and Flagstaff with staff of 600+ real estate professionals. MEB provides comprehensive coverage throughout Arizona and the Southwest and creates an environment for success that rewards each team member’s contribution toward value creation. For more information visit www.mebapts.com.

 

 

 

by May 19, 2020
NAI Horizon negotiates long-term lease worth $3.7M for Denny’s at 51st Avenue in Laveen

NAI Horizon negotiates long-term lease worth $3.7M for Denny’s at 51st Avenue in Laveen

News & Updates

by | May 14, 2020 | News & Updates

     PHOENIX, ARIZONA (May 14, 2020) – NAI Horizon negotiated a long-term, build-to-suit lease for a Denny’s restaurant on Baseline Road and 51st Avenue, east of The Shoppes at Rogers Ranch in Phoenix.

The NAI Horizon retail properties team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega and Associate Patrick Anthon represented the tenant, DFK Holdings, LLC, and SAS Restaurants of Phoenix, in the lease totaling $3.712 million.

“This is a strategic location for Denny’s, as we have been searching in the area for quite some time,” Gerow said.

The new building, which will total 4,500 SF, is across the street from Laveen Village Marketplace, which is anchored by The Home Depot and a Fry’s supermarket. Other tenants in the area include; Safeway, Dollar Tree, Petco, Verizon, Pizza Hut and Leslie’s.

The landlord is SimonCRE BMM II, LLC, of Scottsdale.

 

 

by May 14, 2020
LivGenerations Pinnacle Peak showers moms with love, parade and roses on Mother’s Day

LivGenerations Pinnacle Peak showers moms with love, parade and roses on Mother’s Day

News & Updates

by | May 13, 2020 | News & Updates

     SCOTTSDALE, ARIZONA (May 13, 2020) – With the stay-at-home order in place, staff and family members of residents at LivGenerations Pinnacle Peak brought Mother’s Day joy to their loved ones last Sunday.

Mothers, grandmothers and great grandmothers were treated to a parade, a “rolling buffet,” gifts and roses. LivGenerations Pinnacle Peak is an independent living, assisted living and memory care community with 116 residents at 23733 N. Scottsdale Road, in Scottsdale.

“It was a wonderful event not just for the resident but for the family members as well,” said Kelsey Conde, Director of Vibrant Living at LivGenerations Pinnacle Peak. “This is not what we originally planned, but the COVID-19 pandemic changed those plans. Still, we were all thrilled how it turned out.”

       The parade featured about 40 vehicles completing a parade lap around the building, Conde said. With residents standing on balconies and looking out windows family members completed a second lap. Families held up signs (made by them) wishing their moms happy Mother’s Day, Conde added.

“At the end of the parade family members unloaded gifts for their mothers, sanitized them, and then delivered them,” Conde said. “Everyone honored social distancing. Our moms were able to see the parade; see their families – and thoroughly enjoyed it.

“It was a group effort. Our Executive Director, Dennis Scalpone, led the parade,” Conde said.

Another community, LivGenerations Ahwatukee, also honored its mothers, grandmothers and great grandmothers with a “drive- through parade” on Mother’s Day, May 10. The Ahwatukee community is a senior living, independent living and memory care community at 15815 S. 50th St., in Phoenix, with 137 residents.

by May 13, 2020
Five sales transactions in the Valley totaling $11M highlight recent NAI Horizon deals

Five sales transactions in the Valley totaling $11M highlight recent NAI Horizon deals

News & Updates

by | May 12, 2020 | News & Updates

     PHOENIX, ARIZ. (May 12, 2020): Five property sales in the Valley – three office buildings and two industrial buildings – totaling almost $11 million highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:

Lane Neville and Logan Crum negotiated a sale of the Corbins Electric corporate headquarters, a 52,744 SF industrial building, representing the buyer, Staffield Family, LLC, for $7 million. The property is located at 4829 S. 38th St., Phoenix, AZ. The seller, ML Commercial Properties, was represented by Clint Hardison and Blake Hardison with Keyser.

 Dylan Whitwer, Don Morrow and Laurel Lewis negotiated a sale of a 4,501 SF office condo representing the Seller, M Brothers Troon, LLC for $1.275 million. The property is located at 10031 E. Dynamite Blvd. Ste: 260-270, Scottsdale, AZ. The Buyer, Cloverssen, LLC was represented by Marty Rader with DFW Realty Partners.

Jay Olson and Rick Foss negotiated a sale of a 14,987 SF industrial building representing the Buyer, Amelio C. Enterprises, Inc. for $1.161 million. The seller, QLS, LLC was represented by Bill Swirtz & Chris Reese with Colliers International.

John Filli negotiated a sale of a 10,308 SF office-retail complex representing the Seller, Global Financial & Trading, LLC for $1.035 million. The property is located at 746 & 788 W. Guadalupe Road, Gilbert, AZ. The Buyer, WNDG, LLC was represented by Julie Harris & Jennifer Hill will Diversified Partners, LLC.

Joan Krueger negotiated a sale of a 2,089 SF office building representing the Seller, Valencia Executive Suites for $351,000. The property is located at 1635 N. Greenfield Road, Building 3, Mesa, AZ. The Buyer, Gem Office Suites, was represented by Grafton Milne with Menlo Group Commercial Real Estate.

 Laurel Lewis and Dylan Whitwer negotiated a sale of a 2,199 SF office condo representing the Seller, Troon, LLC, for $131,940. The property is located at 10031 E. Dynamite Blvd., Building E, Scottsdale, AZ. The Buyer, Borden Properties, LLC was represented by Jeff Woudenberg with Woudenberg Properties.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Ken’s Nails in a 120-month retail lease renewal for 2,411 SF at the NWC of 48th Street and Indian School Road, Phoenix, AZ. The landlord was represented by Matt Ault with Kidder Matthews.

Jeff Adams represented the tenant, OIB Consulting, Inc. in a 61-month industrial lease for 7,983 SF at 23910 N. 19th Ave. The landlord, EJM Pinnacle Peak I Property LLC was represented by Jeff Conrad & Ryan Hingst with Lee & Associates.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Jeremy Mueller Insurance Agency, Inc. in a 60-month retail lease for 1,200 SF at 18511 N. Scottsdale Road, Scottsdale, AZ. The landlord, BCB Group Investments, LLC represented itself.

Joe Pequeno and Troy Giammarco represented the tenant, Arizona Wellcare, in a 38-month office lease for 2,850 SF at 2601 N. 3rd St., Suite 101, Phoenix, AZ. The landlord, Robert Pavese was represented by Keith Lytle with Platinum Living Realty.

 Joe Pequeno and Troy Giammarco represented the tenant, Tony C. Machometa in a 36-month office lease at 18001 N. 79th Ave., Glendale, AZ. The landlord, Michael Ruiz; Avondale Medical Campus, LLC represented itself.

Thomas Bean, CCIM represented the tenant, Paradise Valley Florist, in a 39-month retail lease at 2932 N. 68th St., Scottsdale, AZ. The landlord, Oasis Plaza Properties LLC, was represented by Jack Stein with Patriot Commercial.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Bailey Red Rock Plaza, LLC in a 60-month retail lease for 1,311 square feet with Sipps Eatery at 16425 E. Palisades Blvd., Fountain Hills, AZ

 Matt Harper, CCIM represented the landlord, Hillcrest Plaza, LLC in a 13-month retail lease at 1241 E. Broadway, Mesa, AZ. The tenant, Al Sanders, was self-represented.

by May 12, 2020
Kidder Mathews fully leases Cornerstone Medical Center with four diverse tenants in Goodyear, AZ

Kidder Mathews fully leases Cornerstone Medical Center with four diverse tenants in Goodyear, AZ

News & Updates

by | May 12, 2020 | News & Updates

      PHOENIX, ARIZONA (May 12, 2020) – The Phoenix Kidder Mathews healthcare team represented the landlord in long-term leases at a repurposed Maytag appliance store in Goodyear that will be occupied by four diverse healthcare tenants.

The team of Senior Vice Presidents Michael Dupuy and Tyler Smith and Vice President Rachael Thompson negotiated the long-term lease on behalf of Whiteboard Development Company, LLC, Principal Colin Brown, a locally- and family-owned real estate office.

Kidder Mathews fully leased Cornerstone Medical Center, 13481 W. McDowell Road, just 14 months after its purchase. Tenants include Cigna, ResCare, Valley Sleep Center and the Center for Autism and Related Disorders (CARD).

“The redevelopment vision for Cornerstone Medical Center was inspired by the concept of ‘connectivity,’” Brown said. “The Whiteboard objective was to create a distinctive project with energized and connected space to attract and inspire lead health and wellness companies committed to provide innovative healthcare services for Goodyear’s community as well as the entire West Valley.

“The vision, execution and positive community impact would not have been possible without the support and efforts of the City of Goodyear, project design and construction team, Kidder Mathews and local community partners,” Brown said.

Cornerstone Medical Center is an approximately 20,235 RSF building being repurposed for a medical use from a retail use. Exterior renovations include “reskinning” the building and a new window package. The stand-alone, former Maytag store sat empty for 18 months before Whiteboard Development purchased and partnered with the City of Goodyear to reconfigure it to accommodate healthcare use.

“Thank you to Whiteboard Development Company for its creative vision and adaptive reuse of a former retail building, which sits in the heart of the Goodyear Medical Innovation Corridor,” said Goodyear Mayor Georgia Lord. “Kidder Mathews’ assistance also played a pivotal role in bringing first-class tenants to this facility, expanding the vast range of medical and healthcare services to our rapidly growing community. We look forward to more exciting opportunities this extraordinary partnership will bring in the near future.”

Cornerstone Medical Center also includes a tenant entry floating shade trellis and an updated comprehensive sign plan to best maximize tenant exposure as well as better direct patron traffic.

The asset is strategically located at the cornerstone of one of the West Valley’s fastest-growing communities. It offers a quick two-minute drive to the I-10 freeway, providing easy access to housing, entertainment and retail amenities.

“It was a pleasure working with Colin Brown and the City of Goodyear to get Cornerstone Medical Center fully leased,” Thompson said. “Even in our current climate, well-located and well-positioned healthcare product continues to be in demand.”

The Abrazo West Campus is located within walking distance and the project is not encumbered with any use restrictions.

The tenants were represented by Bryce Terveen, CBRE (Cigna and ResCare); Eric Campos, Benchmark Commercial (Valley Sleep Center); and Brian Forster, Pacific Partners Commercial (CARD).

 

 

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 May 12, 2020