AZRE Magazine Archives

Constructing a Competitive Edge

Glendale Community College Technology 1 Building
October 20, 2014 by in AZRE Magazine | Blogs | Featured

Whether it’s building a research facility from the ground-up or renovating a historic stadium, institutions of higher education must always be — or appear to be — on a competitive edge. ASU’s decision to enter a $162M renovation of Sun Devil Stadium in Tempe, Ariz., comes in the wake of other Pac-12 schools’ stadium upgrades… Read More →

The new class of schools

The Noah Webster Schools Pima Campus, completed in August, is a charter academy that has made use of the increasingly popular site-adapt trend.
October 20, 2014 by in AZRE Magazine | Featured

An apple a day may keep a student in a teacher’s good graces, but there’s more to a healthy learning environment than fruit. It’s no secret that many school districts have had to do more with less funding and fewer employees. With a rapidly changing learning environment — one with Wi-Fi in every classroom —… Read More →

The Luhrs Endures

Luhrs Building: Iconic building towers over important adaptive reuse project in downtown Phoenix
October 20, 2014 by in AZRE Magazine | Featured

Nestled among the steel and glass high rises in downtown Phoenix, the Luhrs Building stands as a symbol of the iconic brick-and-mortar structures that once graced the inner city. As the City of Phoenix embraces the concept of adaptive reuse, the Luhrs Building, constructed in 1924 at a cost of $553,000, is part of this… Read More →

Valley Of The Submarkets

valley-submarkets
October 20, 2014 by in AZRE Magazine | Featured

Jeff Hays, senior vice president of sales and leasing at Commercial Properties Inc., is starting his 30th year specializing in the industrial sector and will be the first to tell you that everybody’s busy and no one’s complaining. LGE Design Build has 54 industrial projects either in the ground or in design, says President Dave… Read More →

Megan Creecy-Herman takes the helm of NAIOP-AZ

Megan Creecy-Herman
October 20, 2014 by in AZRE Magazine | Featured

Megan Creecy-Herman, Senior Director, Leasing & Development at Liberty Property Trust, has worked in commercial real estate for 11 years, 10 of which have been as a member of NAIOP. In 2013, the 33-year-old was the first female chair of NAIOP Arizona and one of the youngest in the country to hold that position. She… Read More →

Networking with a cause

tree-of-hands
October 20, 2014 by in AZRE Magazine | Featured

Last fall, Rachel Luttrell was standing in front of a grill at a Central Arizona Shelter Services (CASS) campus in the midst of monsoon season. She was volunteering at one of NAIOP’s Dream Team barbecues that fed more than 10,000 homeless individuals last year. The grills were having a hard time staying lit, and she… Read More →

Office Mate: The creative endgame for functional obsolescence

The C3 office building, in Los Angeles, was re-imagined by Gensler to include more "front doors" for suites, which are depicted by the colorful stairways on the building's exterior.

Forget the corner office. These days, it’s about the coffee shop around the corner, the food trucks outside the lobby, the light rail that passes an office building every 15 minutes. The work place is all about the worker. Employee and entrepreneur are synonymous. Human resource departments are working in concert with building owners, managers,… Read More →

Ticket To Ride: NAIOP Arizona Tempe Tour

Stop 1: Hayden Ferry Lakeside III
October 18, 2014 by in AZRE Magazine | Featured

The NAIOP bus tour is kicking back into gear this fall with plans to roll through the largest hub for Valley development — downtown Tempe. Tour trollies will cycle through stops at Marina Heights, Hayden Ferry Lakeside and Liberty Center at Rio Salado, where participants may network and meet the sites’ respective developers. “The biggest… Read More →

Liberty Center at Rio Salado completes first building

Liberty Center at Rio Salado is a partnership between Liberty Property Trust and Markham Contracting Co.

Liberty Property Trust announced that it has completed the construction of its 155,000 square foot Class A office building, located at 1850 W. Rio Salado Parkway in Tempe.  The building opening marks Liberty’s first of up to potentially 11 buildings planned at Liberty Center at Rio Salado, and officially launches the innovative mixed-use business park.… Read More →

ZELL reports recent retail transactions

Scottsdale Seville, La Petite
October 17, 2014 by in AZRE Magazine | Brokerage | In The Spotlight

ZELL Commercial Real Estate Services, Inc., a full service shopping center management and leasing firm based in Phoenix, Arizona announces the following retail lease transactions: HERBAL NAILS & SPA GOING TO MARKETPLACE AT LINCOLN IN SCOTTSDALE, ARIZONA  Herbal Nails & Spa, offering organic nail, facial and waxing services, has leased 1,255 square feet in the… Read More →

Crossroads Corporate Center sells for $7.18M

Crossroads Corporate Center

CBRE has completed the sale of Crossroads Corporate Center located at the northwest corner of I-17 and Bell Road in metropolitan Phoenix. The ±105,107-square-foot office/flex building commanded a sale price of $7.18 million. Barry Gabel, Chris Marchildon, Ashley Brooks, Jim Bayless and Jenny Aust with CBRE’s Phoenix office negotiated the sale between the buyer, a… Read More →

Homeless can now shower, launder clothes in Chandler Clean Machine

Clean Machine, WEB

Scrub-a-dub-dub! The Chandler Clean Machine is up and running to accommodate the homeless in providing showers and a washer and dryer to help them get back on their feet in the thriving economy. McCarthy Building Companies partnered with the City of Chandler, For Our City, Chandler Fire, Health and Medical Department, and the Interfaith Homeless… Read More →

HFF arranges acquisition financing for Camelback Center

HFF OM - Camelback Center

HFF announced it has arranged acquisition financing for Camelback Center, a 32,963-square-foot, CVS-anchored retail center in Phoenix. HFF worked on behalf of a private real estate fund advised by Crow Holdings Capital- Real Estate to secure the fixed-rate loan through Guggenheim Commercial Real Estate Finance, LLC.  Loan proceeds were used to acquire the property. Camelback… Read More →

Hines closes on purchase of 25-acre Chandler Viridian

C:UsersRogerDesktopProjectsHines - Chandler CommonsCADCD

Hines, the international real estate firm, announced today that it has closed on the purchase of the 25.5-acre site for Chandler Viridian, a mixed-use property on the northwest corner of the Loop 101/Loop 202 interchange, adjacent to the Chandler Fashion Center. Hines has been working on Chandler Viridian for nearly two years due to the… Read More →