Industry Insiders Archives

Treble in paradise: Paying for music in public spaces

Trillium

Three performance rights organizations, or PROs, protect a majority of recording artists’ work from unauthorized use in public spaces. The two largest — ASCAP and BMI — are household names, but the smallest of the group, SESAC, is quickly becoming a well-known resident at multifamily properties. A third party working for SESAC has contacted multifamily… Read More →

Industrial property managers are doing more with less

Arizona Business People & Promotions

A good property manager is hard to find if JLL’s Mark Stevens has anything to say about it. They must be good with people, accounting and understand the bones of a building. The hands-on approach is one recognized by Traftin Thompson, LEED green associate and real estate manager with CBRE’s Asset Services. “A good manager… Read More →

ICSC: Surfing the Omni-channel

Downtown Phoenix Shopping

When web-based shopping gained popularity over the last two decades, spearheaded by the likes of Amazon and major retailers’ internet storefronts, the imminent demise of brick-and-mortar establishments seemed likely. War was declared between bricks and clicks. The win-lose conversations are fading into the background as researchers suggest a more symbiotic relationship between the two. Stores… Read More →

Strength in Numbers: Crowdfunding bullish on real estate

7th Gate Center

Crowdfunding isn’t just about raising capital for smart watches, giant batches of potato salad or unexpected life events. It’s increasingly an online marketplace used by real estate investors around the country. Massolution reported last April that crowdfunding platforms raised $2.7 billion for more than a million campaigns in 2012. It went on to predict, as… Read More →

Sweeping changes for contractor tax classifications

The Arizona construction industry is bracing for sweeping changes to the prime contracting tax law in January of 2015. The legislature has enacted changes that range from who must have a tax license to a major switch creating a difference between service and prime contracting. The Arizona Builders Alliance is working with the Department of… Read More →

Raising new taxes is not the answer for Arizona

ethics scale

Job recovery has been sluggish as it relates to commercial real estate. However, if the cranes near ASU are any indication, economic activity appears to be looking up. It’s also encouraging the U.S. Bureau of Labor Statistics revised upward the number of national non-farm jobs created in August and September and that job gains through… Read More →

A growing concern for a growing deficit

With the state facing a significant budget deficit for next fiscal year, the AIA Government Affairs committee members are growing concerned as to when or if we will ever see a fully restored HURF and other infrastructure investments. We believe investing in infrastructure is in part crucial to an economic recovery. Tied into this is… Read More →

Op-Ed: Blueprint for success in recovering multifamily markets

will bruder

By Flynann Janisse, Executive Director, Rainbow Housing Assistance Corporation When the housing market collapsed in 2008, the industry as a whole saw individuals and families quickly scramble to find housing that could accommodate their new financial situations. During the height of the housing crisis, the National Low-Income Housing Coalition noted that in 2011 the lack… Read More →

BOMA Greater Phoenix´s ‘Call to Action´ week

ethics scale

Throughout the 52nd Arizona legislative session BOMA Phoenix closely monitored the bills that were introduced. Each year, its advocacy committee watches the legislative action for issues that affect the commercial real estate industry, but the best part of our endeavor is Advocacy Week (Feb. 16 to 20). During Advocacy Week, BOMA’s advocacy committee spent the better part… Read More →

Reading between the lines of process and progress

The members of Valley Partnership are optimistic that 2015 could finally bring the arrival of the elusive economic recovery that has yet to take hold in the Phoenix Metropolitan. The organization will be working on many fronts to foster a favorable environment for development and redevelopment to ensure process does not stand in the way… Read More →

RED Awards honor best in commercial real estate

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See photos from the event! Every February, AZRE magazine recognizes the best projects, leading brokerage teams and top companies in Arizona commercial real estate at the Real Estate Development (RED) Awards. On Thursday Feb. 26, at the Arizona Grand Resort & Spa, AZRE magazine presented the 10th annual RED Awards, including its first subcontractor, safety… Read More →

Op-Ed: Can low interest rates harm Arizona market?

By Andrew Van Tuyle and Steve Jaffe, BH Properties There are times in your life when something wonderful drops in your lap – like an adorable Great Dane puppy on Christmas morning. The puppy is so cute that you fall in love immediately, and never think about how large that Great Dane will become or… Read More →

10th annual RED Awards finalists will be announced Friday

RED-Awards-Logo10

Every February for the last 10 years, AZRE magazine has shone a spotlight on the commercial real estate industry through its annual Real Estate Development (RED) Awards. This year, a record number of projects and brokerage teams were nominated for a chance to be recognized at this year’s RED Awards. Nominations for the 2015 RED… Read More →

ACBA: Will 2015 be a sticker shock year?

Member-owned, member-directed ACBA members recap Phoenix's robust small- and mid-size 2014 industrial market activity.

The Arizona Commercial Brokers Association (ACBA) has released its 2014 transaction recap, reporting more than 380 completed industrial sale/lease transactions totaling over 3 million square feet in Phoenix in the past 12 months. Made up of veteran brokers from independent to regional firms, ACBA provides on-the-ground insight about the group’s major client demographic: the mid-market industrial user.… Read More →