AZCREW lunch to feature Grady Gammage Jr. discussion on GPLET’s effect on CRE market
PHOENIX, ARIZ. (June 4, 2018) – The Government Property Lease Excise Tax, more commonly known as the GPLET, will be the topic at the June AZCREW lunch. Leading the discussion will be attorney Grady Gammage Jr. The GPLET was established by the state of Arizona and...
Sales of self-storage facility, industrial building highlight recent NAI Horizon transactions
PHOENIX, ARIZONA (May 30, 2018) – The $10.755 million sale of a self-storage property in Buckeye and the $1.75 million sale of an industrial building in Mesa highlight recent transactions closed by NAI Horizon professionals. Sale Transactions: Denise Nunez...
Tech expert Barry Manuel named Chief Information Officer at MEB Management
PHOENIX, ARIZONA (May 30, 2018) – MEB Management Services, a provider of comprehensive multifamily management services throughout the Southwest, has named Barry Manuel as its new chief information officer. A native of San Diego, Manuel will be responsible for...
Sigma Contracting, Inc. completes conversion of distribution center into manufacturing building for innovative construction firm
SCOTTSDALE, ARIZONA (May 23, 2018) – Sigma Contracting, Inc., celebrating its 35th anniversary, converted a distribution center into a manufacturing facility for Katerra, a technology-driven offsite construction company. The $7.9 million project at 624 N. 44th...
NAI Horizon negotiates $3.23M sale of Surprise office building
PHOENIX, ARIZONA (May 17, 2018) – NAI Horizon represented the seller in the $3.23 million sale of an office building at 14780 W. Mountain View Blvd., in Surprise. NAI Horizon Senior Vice President Tyler Smith, along with Marcus Muirhead of Lee & Associates,...
NAI Horizon negotiates long-term industrial lease for distribution firm located in Gilbert
PHOENIX, ARIZONA (May 16, 2018) – NAI Horizon Senior Vice President Jeff Adams represented the tenant in negotiating a long-term lease for a Gilbert-based distribution company at 2075 W. Obispo Ave., in Gilbert, Arizona. NAI Horizon represented AES Direct...
Arizona commercial real estate industry scores key victories at 2018 legislative session
PHOENIX, ARIZONA (May 10, 2018) – The 2018 state legislative session that adjourned on May 4 was productive for Arizona’s commercial real estate industry as BOMA Greater Phoenix had a 5-0 record on bills on which it took a position. The biggest joint victory...
Copperstate entry ‘Thunderbird Fields’ wins 2018 REIAC/Rockefeller Group Challenge
Three teams compete in the finals of the 5th Annual ASU MRED event PHOENIX, Ariz. (May 10, 2018) – It was one of the closest finishes in its history as three teams competed in the 5th Annual REIAC/Rockefeller Group Challenge held May 8 at Arizona Country Club. Teams...
NAI Horizon retail team negotiates long-term lease for Biltmore Nail Bar at Biltmore Plaza
PHOENIX, ARIZONA (May 9, 2018): NAI Horizon represented the tenant in negotiating a long-term lease for Biltmore Nail Bar at the prestigious Biltmore Plaza shopping center, located at 3150 E. Camelback Rd., in Phoenix. The NAI Horizon retail team of Gabe Ortega,...
Aaron Gordon joins Earthworks Environmental as compliance manager
GILBERT, ARIZONA (May 9, 2018) – Earthworks Environmental, LLC has expanded its Arizona operation with the hiring of Aaron Gordon as a compliance manager. Prior to joining Earthworks Environmental, Gordon worked for 10 years in the primary fields of environmental...
Barrow artificial intelligence suite, CTCA suites, senior living facility, Arizona Care Network highlight projects by Iconic Design Studio
PHOENIX, ARIZ. (May 8, 2018) – Iconic Design Studio continues to provide comprehensive interior design services for diverse client projects. They include a suite at Barrow Neurological Institute for a cutting-edge radiologist using artificial intelligence; satellite...
NAI Horizon’s Denise Nunez negotiates $10.775M sale of Buckeye self-storage facility
PHOENIX, ARIZONA (May 7, 2018) – NAI Horizon Senior Vice President Denise Nunez represented the seller and the buyer in negotiating the $10.755 million sale of a 638-unit self-storage facility at 24901 W. Yuma Rd., in Buckeye, Arizona. Storage America DBA...
Mortenson Announces Opening, $44M Sale of Hampton Inn & Suites in Downtown Phoenix
PHOENIX, ARIZONA (May 3, 2018) – The new 11-story, 210-key Hampton Inn & Suites by Hilton is now open in downtown Phoenix, Mortenson announced today. Mortenson also announced it has sold the new property located at N. 1st Street and E. Polk Street to Apple...
Women leaders of the West Valley to discuss region’s growth, momentum at AZCREW event
PHOENIX, ARIZ. (May 2, 2018) – The West Valley is experiencing dynamic growth with the opening of the new Loop 303 and new residents and new businesses moving into the region. AZCREW, the leading organization for senior-level executive women in the Metro...
Flex building sale in Scottsdale Airpark highlights recent NAI Horizon deals
PHOENIX, ARIZONA (April 30, 2018) – The sale of a flex building that will be converted into a music venue in the much sought-after Scottsdale Airpark submarket highlights recent transactions closed by NAI Horizon professionals. Sale Transactions: Troy Giammarco...
Sigma Contracting, Inc. breaks ground on 100,000 SF warehouse, outlet for Potato Barn
SCOTTSDALE, ARIZONA (April 30, 2018) – Sigma Contracting, Inc. broke ground recently on the $7.4 million, 100,000-square-foot headquarters and warehouse for high-end furniture retailer Potato Barn. Sigma is constructing the ground-up building on 8.4 acres at...
Caliente Construction bolsters its industry expertise in the West, hires Vice President of Operations, and Director of Retail Services
TEMPE, ARIZ. (April 24, 2018) – Caliente Construction, an Arizona-based general contractor providing commercial construction services in the Western U.S. for almost 30 years, announces the hiring of a vice president of operations and a director of retail...
ASU Masters of Real Estate Development Students Put Creativity to the Test on May 8
REIAC/Rockefeller Group Challenge lets teams compete for bragging rights PHOENIX, ARIZ. (April 23, 2018) – The 2017 winner was a mixed-use development at Dorsey Lane and Apache Boulevard in Tempe. It featured six separate parcels including a new school for the arts;...