Author Archives: David McGlothlin


Domino Effect: Newest Buckeye developments position area for growth

Buckeye
by in AZRE Magazine

Phoenix’s West Valley is on the rise. In fact, 52-percent of the Phoenix area’s future growth is expected to occur in the West Valley, according to the Greater Phoenix Economic Council. A taste of what that growth may look like can be seen today in the City of Buckeye where a successful master-planned community is… Read More →

Cushman & Wakefield joins office trend

Cushman & Wakefield
by in AZRE Magazine | Office

Cushman & Wakefield typically brokers deals for a tenant’s relocation to a new office space, but this time, the shoe was on the other foot. Following the $2 billion merger of Cushman & Wakefield and DTZ in September 2015, the firm’s Phoenix branch nearly doubled the size of its workforce and footprint in Arizona. Until… Read More →

3-building project breaks ground after 30 years

Davis Enterprises – Investments & Development is a family-owned business with many investments and redevelopment projects throughout the Valley, including a five-acre site that has been in the family portfolio for more than 30 years near the I-17 at 2005, 2015 and 2025 W. Deer Valley Rd. While the site has been occupied by different… Read More →

2017 RED Awards: And the winner is…

2017 RED Awards
by in AZRE Magazine

This year at the 12th annual Real Estate and Development (RED) Awards, AZRE recognized the top commercial real estate projects completed in 2016 along with the companies and people who made each one possible. Each year, AZRE receives hundreds of project nominations to be considered for a RED Award. Ultimately, three finalists projects are selected for each… Read More →

Building the best: list and map of 2017 RED Awards finalists

2017 RED Awards
by in AZRE Magazine

It’s award season and for AZRE that means it’s again time to recognize the biggest, best and most notable commercial real estate projects completed in 2016 along with the people who made them happen. This year for the 12th annual Real Estate and Development awards, more nomination forms were submitted than ever before, which is… Read More →

When commercial real estate optimization is right for your firm

Tempe
by in AZRE Magazine

Last week, we spoke with Mortenson principal, Tammy Carr, about the basics of commercial, corporate and enterprise real estate optimization efforts. Today, we dig deeper and explore the optimization value proposition relative to more specific and nuanced situations. AZRE: Can optimization services provide executives with learnings about disposition or expansion decisions? Can you elaborate? Tammy Carr:… Read More →

The basics of Commercial Real Estate Optimization

Downtown Phoenix, Photo: Flickr, squeaks2569
by in AZRE Magazine

As the real estate market continues its slow and steady recovery, C-suite executives are showing great interest in how to optimize their corporate and commercial real estate portfolios. All businesses — small, medium and large — are affected by real estate decisions and for Fortune 500 companies, corporate real estate can be one of the… Read More →

How the BOMA 360 program enhances properties

If you own an expensive sports car, you ensure the vehicle’s value and longevity by making sure it is cared for by the most qualified professionals. Likewise, owners of a multi-million-dollar buildings tend to want the same thing. Building certifications, awards and designations can help add value to a property, but not every designation adds… Read More →

Q&A: Incoming president refocuses and recharges BOMA

BOMA
by in AZRE Magazine

Since the Building Owners and Managers Association was founded 110 years ago, commercial real estate professionals look to BOMA as a leading source for advocacy and education in the industry around the world. In Arizona, BOMA Greater Phoenix was established in 1936 with the same mission to be the industry leader for best practices, providing… Read More →

The rise of ‘lock and leave’ resort-style living

lock and leave
by in AZRE Magazine

At the new Mountain Shadows Resort Condominiums, residents are trading in the chores of owning a home for the luxuries of “lock and leave” resort-style living. Located below Camelback Mountain, this project marks the first three-story residential building in Paradise Valley and epitomizes the growing popularity of the “lock and leave” lifestyle. Westroc Hospitality, known… Read More →

Gilbert plans for more business, residents and visitors

East Valley
by in AZ Business Magazine

The Town of Gilbert is attracting new residents and companies to the area by making a name for itself as a live, work, play city. It projects significant business and residential growth in the next 10 to 20 years, which includes approximately 80,000 more residents by 2030 and nearly 20,000 more employees in one of… Read More →

Top 10 LEED certified buildings in Arizona

by in AZRE Magazine

In December, the 400,000-square-foot, REI Distribution Center in Goodyear became the first distribution center in the United States to achieve both LEED Platinum certification and Net Zero Energy rating. It was also named the first distribution center to earn Platinum certification in 2016 as well as the second largest Platinum certified industrial project in the… Read More →

How retail is bringing shoppers back for more

retail
by in AZRE Magazine

Why someone returns to a store or shopping center can be hard to peg but most shoppers want stores to be a hub for convenience and entertainment where experiential retail merges with things to do outside of shopping. According to a recent Coldwell Banker Commercial Affiliates survey, shoppers still value traditional brick-and-mortar shopping experiences. In… Read More →

Industrial & office steal spotlight from multifamily at 10th Annual IREM-CCIM Economic Forecast

While many turned their attention to Washington D.C. for the inauguration of President Donald Trump, the Valley’s heaviest hitters in commercial real estate joined forces at the 10th Annual IREM-CCIM Economic Forecast on Friday at the Arizona Biltmore. For the program, 21 of the Valley’s top commercial real estate leaders with 521-plus years of combined CRE… Read More →

40 Commercial real estate companies to watch in 2017

Arizona Center
by in AZRE Magazine

This year, experts still see Arizona as a hotspot for commercial real estate activity and development. While activity in other markets across the nation is starting to fizzle out, Arizona has yet to enter the ninth inning of the business cycle as a result of its slow and steady recovery following the recession. AZRE identifies… Read More →