AZRE Magazine Archives

Irgens completes Harbor Vista Medical Center development

Harbor Vista Medical Center
by in AZRE Magazine | Medical

Irgens announced development completion of shell and core construction for Harbor Vista Medical Commons, the new Cigna Medical Group Sun City Multi-Specialty Center at 9069 W. Thunderbird Ave. The 60,000-square-foot, build-to-suit facility will offer health care delivery services to Cigna Medical Group patients. Scheduled to open for patients in October, project development is meeting Cigna’s… Read More →

Cushman & Wakefield predicts positive results for 2016

economy
by in AZRE Magazine

Cushman & Wakefield, a commercial real estate services firm, released its U.S. Macro Forecast, which predicts positive economic results for 2016 despite early year stock market jitters. Worries about China and oil prices caused stock markets around the world to stumble, leaving the Dow Jones and S&P 500 both nearly 9 percent lower at the end… Read More →

Valley Partnership to talk on construction labor

Construction Employment - Welder
by in AZRE Magazine | Construction

Valley Partnership’s topic for its upcoming monthly breakfast on Friday, Feb. 26 will be on the availability of construction labor in Metro Phoenix. The panel will feature Jerry Barnier, Founder, Suntec Concrete; Jeff Eschliman, vice president of Operations of Maracay Homes; Fred Ingersoll, director of apprenticeship & training at Arizona Builders Alliance; and Brad Nelson, project superintendent… Read More →

Phoenix Kindred Transitional Care Center completed

Kindred Transitional Care Center
by in AZRE Magazine | Construction | Medical

The Weitz Company completed the newest Kindred Transitional Care Center located near 19th and Van Buren Streets, making it Kindred’s third transitional center in the Valley. Built near downtown Phoenix at1880 E. Van Buren Street, Kindred is a 120 bed post-acute care facility focused on patient rehabilitation. The facility is a new 3-story, 81,000 square foot structure… Read More →

ARM signs lease for Arizona operations in Chandler

ARM
by in AZRE Magazine | Brokerage | Office

Cushman & Wakefield, a commercial real estate services firm, announced, Monday, that ARM Inc. leased a 13,275 square-foot space for its new Arizona operations at The Park at San Tan in Chandler. ARM, headquartered in Cambridge, England, is a semiconductor intellectual property supplier. ARM licenses intellectual property to a network of partners, which includes the world’s… Read More →

Report: Phoenix construction activity rebounding

Arizona leads nation in Construction Employment
by in AZRE Magazine | Construction

Mortenson Construction released its quarterly Construction Cost Index report, Friday, for Phoenix along with five other metropolitan areas in the U.S. According to the report, after experiencing a dip in late 2014, the Phoenix construction market rebounded in 2015. The report also cites that local, non-residential construction employment continued to show positive growth in 2015, according… Read More →

Construction unemployment rises in January

Bernards & Construction
by in AZRE Magazine | Construction

The U.S. construction industry’s unemployment rate rose to 8.5 percent in January, the highest level since March of 2015, according to an analysis of U.S. Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC). The unemployment rate across all industries shed a tenth of a percentage point and now sits at… Read More →

Alliance Residential launches recruiting campaign

CBRE
by in AZRE Magazine

Multifamily developer and manager, Alliance Residential, is launching a month-long national recruiting campaign, aimed at attracting college students and recent graduates to a career in the apartment industry. “There is so much opportunity in the multifamily realm and, specifically, at Alliance – from property management to investment/development to corporate support, we currently have 240 available… Read More →

Phoenix Mountain Park Plaza sells for $9.7M

Mountain Park Plaza
by in AZRE Magazine | Retail

Colliers International in Greater Phoenix negotiated the sale of Mountain Park Plaza on 7th Street and Baseline Road in Phoenix, for $9,665,000. Mindy Korth, executive vice president; and Kirk Kuller, vice president, with Colliers’ Phoenix office represented the seller, Western America Commercial, which is a 19-member Tenant in Common based in Issaquah, Washington. The seller… Read More →

Volvo dealership coming to $60M autopark

Carvana
by in AZRE Magazine | Retail

The owners of Courtesy Chevrolet will be opening up a Courtesy Volvo dealership at the $60 million auto mall, Scottsdale AutoShow at Salt River. The new dealership will include a sales and service facility, and is currently in escrow. The auto mall where the new Volvo dealership will reside is set to be completed in… Read More →

Dierks Bentley’s Whiskey Row in Gilbert breaks ground

Dierks Bentley's Whiskey Row
by in AZRE Magazine

LGE Design Build broke ground on the new Dierks Bentley’s Whiskey Row in downtown Gilbert, which will be designed to connect with the town’s agricultural roots. Country music star Dierks Bentley, Gilbert Mayor John Lewis, David Sellers, LGE Design Build president; Swen Anderson, LGE Design Build vice president of business development; and Ryan Hibbert, Riot… Read More →

December construction unemployment rates improve

homes
by in AZRE Magazine | Construction

Unusually mild weather in much of the country persisted in December, benefiting construction and reducing the size of the normal seasonal increase in construction unemployment rates. This was the warmest, or one of the warmest, Decembers on record for most cities in the eastern half of the country. Not seasonally adjusted (NSA) construction unemployment rates for the country… Read More →

Salt River Judicial Center nears completion

Salt River Judicial Center
by in AZRE Magazine | Construction | Public

The Salt River Pima-Maricopa Indian Community (SRPMIC) recently celebrated the topping out of the Salt River Judicial Center, a complex that will house the Community’s tribal court, legal services, prosecutors and defense advocates offices. The project is a joint venture of Au’Authum Ki and Kitchell, a collaboration that also completed the SRPMIC Detention Facility. Gould… Read More →

Glendale Industrial space sells for $1.75M

Industrial Space
by in AZRE Magazine | Industrial

Daum Commercial Real Estate Services negotiated the $1.750 million sale of a 16,150-square-foot industrial building located on 3.77 acres at 5150 N. Tom Murray Ave. in Glendale. Carl Johnson with Daum Phoenix represented the seller, MTCCG LLC of Paradise Valley. The company is a family trust who has owned the facility for 40 years. Daum… Read More →