Construction Archives

Cox Communications building to be redeveloped as apartments

Cox building

ORION Investment Real Estate announced Thursday night the closing of a single-story office/warehouse building, located at 160 S. MacDonald in Mesa, Arizona for $750,000 to Cardinal Capital Management, Inc. “The buyer plans to redevelop the site into an apartment community and wanted to be close to the future light rail stations,” says Nick Miner, Vice… Read More →

Paul Johnson Drywall, Inc. partners with Younger Scaffold & Supplies, LLC

123RF.com, Copyright: valeriylebedev

Paul Johnson Drywall, Inc. (PJD) has established a new vendor partnership with Younger Scaffold & Supplies, LLC. (Younger). The agreement requires that Younger will provide heavy-duty scaffolding, safety training and inspections of the equipment onprojects where PJD crews are working. As one of Arizona’s largest drywall contractors, PJD is creating a more efficient and safe… Read More →

Alliance Residential promotes leaders to President, COO and CFO roles

Jay Hiemenz, Alliance Residential

Alliance Residential, a national multifamily acquisitions, development, construction and management company, announced the promotions of V. Jay Hiemenz to President and Chief Operating Officer, and Bob Weston to Chief Financial Officer. These leaders will oversee operational and financing efforts respectively, of the company’s approximate $2 billion production pipeline and 70,000 units under management. “Alliance is… Read More →

Louis Zachary joins Opus Design Build’s Phoenix office

Louis Zachary_Opus_headshot
July 22, 2014 by in AZRE Magazine | Construction | Newsmakers

The Opus Group (Opus) announced that Louis Zachary joined Opus Design Build, L.L.C. as regional director of construction in the Phoenix office on Monday. In his new position, Zachary will oversee Opus’ construction business in the greater Phoenix area and support growth of the recently-opened office. “I’m delighted to have the opportunity to work with… Read More →

Chandler opens RFP for retail, entertainment

rsz_chandler_logo

The City of Chandler is looking for proposals to add mixed use development, including retail and entertainment to its downtown. The City has opened a Request for Proposals (RFP) for the 4.6-acre property located on the southwest corner of Chandler Boulevard and Arizona Avenue commonly known as Sites 1-2-3. This property acts as the northern… Read More →

Sossaman Development plans to build retail project in Mesa

Shops-at-Costco-SperryVanNess, WEB

Trenton McCullough and Shari A. Tucker-Gasser, Retail Investment Advisors in the Phoenix Sperry Van Ness office, represented the buyer, Sossaman Development LLC, in the $2,200,000 purchase of 4.95 acres of commercial land zoned LC, formerly known as C-2, in the City of Mesa. Located just north of Costco on the hard corner of Sossaman Road… Read More →

Culinary Dropout concept comes to Tempe this fall

Courtesy of Fox Concept Restaurants

Fox Restaurant Concepts (FRC) and development partner, Brian Frakes, plan to open the first East Valley Culinary Dropout location in October 2014 on First Avenue and Farmer Avenue in Tempe, Ariz. Known for their innovative restaurant concepts, FRC is planning their largest project to date with this Culinary Dropout location at Farmer Arts District at… Read More →

Cresa executes disposition and new lease for 3M Company

Tenant representation firm Cresa announced that it had executed the disposition of a 270,890 SF building and 42 acres of land for $31.91 million in Ontario, Calif., for 3M Company. As part of the transaction, Cresa Phoenix negotiated a 10-year lease on a 454,877 SF distribution facility to be constructed on a vacant parcel nearby.… Read More →

NAIOP: Commercial real estate strongest since economic recovery

Commercial Real Estate Market - AZRE Magazine March/April 2011

The commercial real estate development industry grew at the strongest pace since the economic recovery began in 2011, according to an annual report on the state of the industry released today by the NAIOP Research Foundation.  The report, entitled “The Economic Impacts of Commercial Real Estate,” determined that the economic impact realized by the development… Read More →

NAIOP Arizona urges FAA to retract proposed OEI procedures

The Maricopa County Court Tower in Downtown Phoenix exceeds the OEI criteria by more than 25 feet.

The Arizona Chapter of NAIOP has urged the Federal Aviation Administration to retract the proposed One Engine Inoperative (OEI) Procedures in the Obstruction Evaluation Studies published in the Federal Register on April 28. “While  NAIOP-AZ fully supports the FAA’s role to oversee aviation safety, we oppose this proposed OEI policy, note that it does not… Read More →

Isagenix International comes to Rivulon development

Isagenix Entryway Rendering

Columbus-based Nationwide Realty Investors announced today that it has signed a lease with Arizona based health and wellness leader Isagenix International, LLC to occupy a 3-story single-tenant building at its master-planned Rivulon development in Gilbert, Ariz. Also completed is a land swap agreement with LA Fitness. Nationwide Realty Investors President and COO Brian J. Ellis… Read More →

McCarthy awarded Verrado Heritage K-8 school project

Victory at Verrado

McCarthy Building Companies was recently awarded a preconstruction services contract by the Litchfield Elementary School District (LESD) for the estimated $12 million Verrado Heritage Elementary School, located just west of Verrado Way and north of Thomas Road in Buckeye, Ariz. McCarthy will begin work on the new 80,500-square-foot K-8 school in August. The school will include… Read More →

Green Street Communities hires two specialists for Phoenix, Arcadia projects

David Brantner
July 15, 2014 by in AZRE Magazine | Blogs | Construction | Newsmakers

Derek Jarr, CEO of Green Street Communities, INC. (GSC) announced the recent hires of David Brantner as Construction Operations Manager and Larry Gamso as Construction and Land Development Specialist. Both individuals join a dedicated team of designers, contractors, architects and sales associates working to provide timeless and high-quality residential development projects. “Green Street Communities is… Read More →

Jeff Hooper named ABA’s director of apprenticeship and training

Jeff Hooper, ABA
July 15, 2014 by in AZRE Magazine | Construction | Newsmakers

Jeff Hooper has been appointed the director of apprenticeship and training for the Arizona Builders’ Alliance, according to ABA Executive Director Mark Minter. Hooper will oversee the day-to-day operations of the ABA, AGC Education Fund and its programs in Phoenix, Tucson and Casa Grande. Hooper comes to the ABA from Seattle Wash., by way of… Read More →