Author Archives: AZRE

AZRE

About AZRE

Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.

Helix acquires new headquarters

March 29, 2015 by in AZRE Magazine | Brokerage | In The Spotlight

Helix, an Arizona-based commercial real estate investment, development, brokerage and management Company, recently acquired its new headquarters office complex and also expanded its service offerings. Located at 3335 E. Indian School Road in Phoenix, the new headquarters includes two office buildings. Helix will operate its brokerage, development and property management companies out of the main… Read More →

ARC taps Plaza Companies to market two MOBs

Plaza Companies has been selected as the exclusive leasing team for a pair of thriving medical office buildings on the Arrowhead Hospital Campus in Glendale. American Realty Capital Healthcare Trust II, Inc. (ARC Healthcare), a real estate investment trust specializing in medical office buildings, senior housing and other healthcare facilities, has tapped Plaza Companies to lease 33,044-square-foot Arrowhead Medical Plaza I and 45,289-square-foot… Read More →

YWCA office sells for $1.85M

March 28, 2015 by in AZRE Magazine | Brokerage | In The Spotlight

Colliers International in Greater Phoenix recently completed the sale of the 31,746-square-foot YWCA Class B office building in Phoenix for $1.85 million or $58.29 per square foot.   Banner Health of Phoenix purchased the building, located at 755 E. Willetta Street, from Arizona YWCA Metropolitan Phoenix. The buyer was represented by Pat Williams, managing director… Read More →

Ryan Cannon joins Sundt Construction

March 27, 2015 by in AZRE Magazine | Newsmakers

Sundt Construction, Inc., recently welcomed project manager Ryan Cannon to its Tempe office. With more than a decade of construction experience, Cannon comes to Sundt after serving as project manager for an accomplished, family-owned contracting firm in Gilbert. In his initial assignment with Sundt, Cannon joins the team constructing the $136 million Biosciences Partnership Building (BPB) in… Read More →

Beth Mickley joines GPE Commercial Advisors

March 27, 2015 by in AZRE Magazine | Newsmakers

GPE Commercial Advisors announced Beth Mickley, associate broker, as the newest member of its brokerage team. Beth brings to GPE over 20 years of commercial real estate experience with extensive experience in gas stations and convenience stores in all aspects of the life of the building from location selection, site evaluation and development, building/zoning, general… Read More →

Dan Casey joins Cushman & Wakefield

March 27, 2015 by in AZRE Magazine | Newsmakers

Dan Casey has joined the Industrial Property group at Cushman & Wakefield of Arizona, Inc. as an Associate. Casey will be responsible for industrial leasing and sales, and tenant and landlord representation focusing on the North Phoenix/Scottsdale submarkets. Casey joins C&W of Arizona from Rein & Grossoehme Commercial Real Estate, where he served as Senior… Read More →

Architect John Williams joins Gensler

Gensler, the leading global design firm, announced john Williams, AlA as a senior project architect of their Phoenix firm. Williams brings more than 35 years of experience to his new role at Gensler, with expansive technical expertise and demonstrated leadership in managing projects for both public and private sector clients. He is a registered architect… Read More →

Offroad truck design firm leases 62KSF in Mesa

March 26, 2015 by in AZRE Magazine | Brokerage | In The Spotlight

A Mesa-based offroad truck and SUV design and parts manufacturing company has signed for a 3-plus year lease at 308 S. Extension Rd. in Mesa. The property is comprised of a 44,004 SF and a 22,706 SF building. Matt McDougall and Matt Fredrick, Principals with Lee & Associates represented both sides of the transaction. The… Read More →

Phoenix firm buys El Paso industrial portfolio

CBRE announced the sale of a four-building, 245,745-square-foot industrial portfolio in El Paso, Texas, on behalf of New York-based Sullivan Crosby Trust. Phoenix, Arizona-based ViaWest Group purchased the portfolio in an off-market transaction for an undisclosed price. Christian Perez Giese, William Caparis, Anthony Mash and Arturo De la Mora, with CBRE’s El Paso office, represented the seller. The buildings are… Read More →

CoreNet Global event discusses UA, Banner Health merger

Rendering, planned clinical tower, Banner-University Medical Center Tucson. Image courtesy of Shepley Bulfinch.

The merger of Banner Health and the University of Arizona Health Network highlights the stark challenges that academic medical centers face in the new economics of healthcare, according to modernhealthcare.com. The Banner/UAHN acquisition will be the topic of the CoreNet Global Arizona’s Annual Signature Event. “Transforming the Healthcare Landscape in Arizona” will be moderated by… Read More →

A/V technology is the fifth utility

Courtesy of CCS
March 25, 2015 by in AZRE Magazine | Featured | In The Spotlight

Shopping malls, doctors’ offices, corporate board rooms, restaurants and student classrooms are just a few of the common places that feature engaging audio visual (A/V) technology. Before the boom of the digital age, construction planning included four main utilities: water works, electric, gas and telecommunications. Integrating audio visual equipment has often been an afterthought, typically… Read More →

Sagewood completes second phase of Casitas

Sagewood, a Life Care Services community featuring resort-like amenities and health care services for senior living, has completed construction on its second phase of casitas. A recovering housing market and strong community sales sparked the second phase of detached casitas, a duplex home option for seniors living at Sagewood. The stylish two-bedroom, den and two-and-a-half… Read More →

CBRE Tuscon releases recent transaction report

March 25, 2015 by in AZRE Magazine | Brokerage

CBRE’s Tucson office has released the following recent transactions: Leases Seoul Kitchen Corporation has renewed their 1,360 sq. ft. lease at 4951 E. Grant Rd. from Crossroads East. The tenant was not represented in the transaction. The landlord was represented by Nancy McClure and Michael Laatsch with, CBRE’s Tucson office. Job Aire Group has leased… Read More →

Linda Gerchick assumes new role at Gerchick Real Estate

March 25, 2015 by in AZRE Magazine | Newsmakers

Gerchick Real Estate, a local, top-producing commercial investment brokerage, announced that UpTown Inc, a comprehensive one-stop shop realty brokerage that integrates realty, lending, general contractor services, and new home construction under the same roof, has invited Linda Gerchick, CCIM to assume leadership of Uptown Realty’s new Commercial Division. Effective March 15th, 2015, Uptown Inc, will… Read More →

Smithfield Properties opens @51 in Phoenix

Central Phoenix just got a new addition to its housing life with the opening of the new, ultra-hip @51 apartment community, a project brought to the Valley by Smithfield Properties, Chicago-based developer of high-end residences and adaptive reuse projects. Designed by San Francisco-based Berkelhamer Architects, @51 is a contemporary residence set between the Biltmore area and midtown Phoenix.… Read More →