Industry Insiders Archives

IREM and CCIM host 2016 economic forecast

Arizona Commercial Real Estate Development
by in AZRE Magazine | Brokerage | Industry Insiders

With an overall growth in the commercial real estate industry in 2015, what lies ahead in 2016 for Metro Phoenix? Find out Friday, Jan. 22, at the Tempe Center for the Arts at the 2016 Institute of Real Estate Management and Certified Commercial Investment Member Institute Economic Forecast and get the real scoop from the… Read More →

Sperry Van Ness becomes SVN with new brand, logo, vision

123rf.com, hkeita
by in AZRE Magazine | Careers | Industry Insiders | Newsmakers

Sperry Van Ness has been a recognized company brand in the Commercial Real Estate industry across the nation for many years.  From one office to currently over 200 offices, the SVN franchise has grown and is stronger than ever.  The world is changing and so is SVN.  We have a new brand, a new logo,… Read More →

ULI Arizona sparks discussions free of bias

Sydenham_Deb-Sept 2015 (11)

The Urban Land Institute is a nonprofit research and education organization supported by its members, dispersed throughout 95 countries. In Arizona, Deb Sydenham, FAICP, is executive director of an award-winning ULI District Council that approaches the industry with problem-solving programs throughout the year. No program is more well-known, though, than the intensive Trends Day —… Read More →

ULI Arizona’s ‘Shark Tank’ participants get real

Shark Tank

The Urban Land institute’s Arizona District Council is bringing together real deals and expert money in an event tailored after popular investment reality show “Shark Tank.” Entrepreneurs present real estate development proposals to a panel of ‘sharks’ (read: veteran real estate investors) and an audience of real estate professionals with hope of being awarded investment… Read More →

A look at a decade of ULI’s Trends Days

ULI

Trends Day is exactly as it sounds — and nothing as it sounds. It’s a day when thought-leaders congregate around panels, keynotes and between coffee cups about the latest trends in development. However, it’s much more than that. It’s one day a year when every decision-maker steps out of the C-suite and shares eight valuable… Read More →

Phoenix retail development makes a slow comeback

shopping

The retail land market in the Phoenix area is waking up from its nearly seven year dormancy. While sales and development for retail pads and in-fill parcels has been at an all-time high, the development of new shopping centers has remained at a stand-still – and with good reason. The housing boom and subsequent bust… Read More →

Renowned BBGM joins forces with MONOGRAM

123rf.com: gajus

BBGM, an internationally distinguished architecture and interior design firm based in Washington D.C., announced a merger with West Coast luxury hospitality interior design firm MONOGRAM. With the joining of these two industry leaders, BBGM further positions itself at the forefront of international high-end design, while maintaining their signature client-focused approach. Since 1987, BBGM has made… Read More →

Climatec’s HVAC goes to market under a new name

Contractor

Climatec’s HVAC solutions business announced it will now go to market as Varitec Solutions. The move is a result of Bosch GmbH’s acquisition of Climatec’s Building Technology Group earlier this year. As Daikin Applied’s equipment sales representative in the Arizona, New Mexico, and West Texas regions, Varitec is positioned for growth in the region and will help move Daikin one step closer to its goal of becoming the number one applied HVAC leader in North America. President and CEO Jack Kucera says the new name is a nod to the single most transformative technology he’s seen in nearly four decades. “As I looked at our business I saw more and more areas where ‘vari’ and ‘tec’ apply to so manyaspects of the solutions we bring to customers. Specifically, variable frequency drives, variable flow with both air and water, variable speed compressors, variable dimensioning, and more recently Variable Refrigerant Volume (VRV) have reshaped the industry and created opportunities for building owners and Daikin representatives,” he said. “The combined presence of ‘variable’ and advanced ‘technology’ in the HVAC business aligns with our focus and direction going forward. “We’re excited to open this next chapter of our company’s story,”… Read More →

How can marijuana initiatives affect CRE?

marijuana

One of the most talked about ballot initiatives this year has been the Arizona Marijuana Legislation Initiative. If it makes it onto the ballot and is approved by voters, the possession and consumption of marijuana would be legal for people 21 years old and older. A 15-percent tax would be levied on the sale of marijuana… Read More →

U.S. office rents growing at fastest pace in 7 years

123rf.com: fffranz

Despite the recent global volatility, tenant demand for U.S. office space remained strong in the third quarter of 2015 pushing rental rates up in three-quarters of the U.S. according to new research by Cushman & Wakefield. Preliminary data show that U.S. office markets absorbed 19.2 million square feet (msf) of office space in the third… Read More →

NAIOP Arizona’s Annual Roundtable

NAIOP 2015 Roundtable group_DSC_0974

NAIOP, a Commercial Real Estate Development Association, announced its decision to add retail to its foundation of office and industrial sector resources. This, among other topics, made it onto the table at the 2015 roundtable discussion held by leading members of the Arizona chapter. NAIOP-AZ members gather every year around a table, not necessarily a round… Read More →

Demand for Class A office space improves vacancy

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Cushman & Wakefield announced that the Metro Phoenix office vacancy dropped to 18.9% in the third quarter, largely due to demand for prestigious, Class A space. The metropolitan area has added nearly 45,000 jobs in the past 12 months with almost one-third of those being office sector jobs. Demand for office space led to the overall vacancy… Read More →

NAU archaeologists document historic sites with 3D technology

123rf.com: Kirill Cherezov

Imagine being able to look at a historical site from every angle, measure the smallest details on the interior and identify how to preserve it without ever touching it. Photogrammetry technology combines hundreds of overlapping high resolution images taken with a digital camera mounted on a pole to create a 3D color virtual model of… Read More →

NAIOP Arizona speaker sparks ‘interest’ in interest rates

123rf.com: thodonal

Signs were there that the Federal Reserve Board was not going to raise interest rates, KC Conway told NAIOP Arizona members at a recent Market Leaders Series. Conway, a third-generation MAI and Counselor of Real Estate with SunTrust Bank in Atlanta, spoke to a standing-room only audience at the offices of Colliers International a day… Read More →