Industry Insiders Archives

Valley Partnership raises donations to the tune of $8,000

The finale was a version of “Hey Jealousy,” made famous by the Tempe-based Gin Blossoms. Scott Johnson (center) of Honeygirl is a member of the Gin Blossoms. Ty Lusk (right) also played on the final number.

Valley Partnership’s inaugural Rock For A Cause benefit concert raised more than $8,000 to purchase outdoor musical instruments for 2014 Community Project recipient Arizona Foundation for the Handicapped (AFH). The concert at the Monarch Theatre in Downtown Phoenix drew an estimated crowd of 300. More than 250 tickets were sold in advance. A total of… Read More →

The value-add play in Phoenix’s multifamily market

Fiesta Park

By:  Steve Jaffe, Executive Vice President and General Counsel, BH Properties   During the most recent Great Recession, Phoenix saw property values drastically decrease and apartment owners lose tenants due to lost jobs. The domino effect resulted in owners dropping rents to maintain occupancy, which, in turn, caused them to lose out on money they would… Read More →

McCarthy named provider for Mohave Educational Services Cooperative

PHOTO BY: Risk Management | Monitor

McCarthy Building Companies was recently named as an approved general contracting services provider to the Mohave Educational Services Cooperative Inc., which will benefit its more than 430 public agencies and nonprofit entity members across the state for up to the next five years. “McCarthy’s JOC team is pleased to bring proven construction solutions to Mohave members’… Read More →

Catellus Development selected as developer for 330-acre ASU project

The 300 acres of land that will become part of the ASU Athletic Facilities District. Photo courtesy of ASU

Arizona State University today announced its selection of Catellus Development Corporation as master developer for the ASU Athletic Facilities District, a unique mixed-use development on 330 acres at the northeast end of the ASU’s Tempe Campus. The District, envisioned as a model for creative urban neighborhood design and sustainable development, will be enlivened by its… Read More →

Two Sundt executives announce retirement

Sundt General Counsel Randy Nye

Sundt Construction, Inc. announced today that Sundt General Counsel Randy Nye and Corporate Director of Administration Richard Condit retired effective Sept. 30, 2014. Both Nye and Condit’s decisions to retire culminates two remarkable careers that span over 30 years of combined service to the company and its stakeholders, including clients and employee-owners. Condit joined Sundt… Read More →

Local entreprenuers form environmental consulting firm

Earthworks

Entrepreneurs Cherie Koester and Jana Baldwin have partnered to form Earthworks Environmental, LLC, an environmental consulting business in Metro Phoenix. With both serving as principals of the firm, Koester and Baldwin bring more than 16 years of combined regulatory and industrial experience in Storm Water Pollution Prevention (SWPPP), dust control and construction safety compliance. Earthworks Environmental… Read More →

NAIOP Arizona announces opposition to Prop 480

Arizona Health Care Cuts, AHCCCS

The NAIOP Arizona board of directors has unanimously opposed Prop 480, an item on the Nov. 4 general election ballot that asks Maricopa County voters to approve a $1.4 billion general obligation bond over 27 years for the Maricopa Integrated Health System (MIHS). If passed, Prop 480 would be the third largest bond issuance in… Read More →

Colliers International hires first mission critical data center expert

data center to be built in price corridor in chandler

Colliers International in Greater Phoenix has hired Michael Ortiz, its first mission critical and data center expert, to help capture the data center construction market which is expected to boom to $20 billion in the U.S. and $80 billion globally by 2020, according to a 2011 Data Center Knowledge article. Construction for data centers, the… Read More →

Vestar celebrates 25th anniversary

rsz_tempe-marketplace-01

Vestar, the largest privately held retail developer in the western US, is celebrating 25 years of creating and managing shopping and entertainment destinations. Today, Vestar owns and operates more than 23MSF of retail property located across several western states. The company’s most noteworthy projects include Desert Ridge Marketplace, the award winning 1.2 million square foot… Read More →

City of Phoenix opens RFP for Adams Street Corridor

Phoenix Convention Center, GoGreen Conference 2011

The city of Phoenix is seeking proposals from proposers who can help revitalize the Adams Street corridor in downtown Phoenix.  Proposals that would rejuvenate the area along Adams and Second streets, adjacent to the Phoenix Convention Center and downtown hotels are highly encouraged. Proposers should address how their business will create vibrant places and active… Read More →

Opportunity for high-tech firms spills into Phoenix’s suburban markets

Infusionsoft

As goes the high-tech industry, so goes opportunity. Once a high-tech company anchors a neighborhood, housing prices rise, new amenities spring up and unemployment dips. JLL’s latest High-Technology Office Outlook reveals where high-tech companies are looking for (and finding) reasonably priced labor and real estate, and how new and unexpected markets like suburban Phoenix are… Read More →

CCIM Institute certification’s return of investment

CCIM Central Arizona Chapter Logo

Op-Ed by Scott Fey, CCIM, Principal, Omni-American LLC The Certified Commercial Investment Member (CCIM) Institute was established in 1954 to give commercial real estate practitioners a previously unrealized opportunity to further their business practices through focused education and networking opportunities. Today, with the addition of advanced technology tools, CCIM is the global leader in commercial and… Read More →

TicketForce to create mixed-use development in Gilbert

TicketForce-PERS-Hi-res, WEB

A new mixed-use building is coming soon to downtown Gilbert featuring more than 13,000 square feet divided into three stories, a commitment to social responsibility and uniquely: a plan to only house local Arizona businesses. Gilbert residents and owners of East Valley-based ticketing company, TicketForce, Brad Smith and Lynne King Smith, closed last month on… Read More →

Op-Ed: New ROC regulatory philosophy triggers need for self-audits

SMACNA Arizona

By D. Kim Lough, construction lawyer with Jennings, Haug & Cunningham Contractors throughout Arizona are being blindsided by a new administrative oversight role undertaken by the Registrar of Contractors (ROC). The Registrar’s new prosecutorial philosophy toward investigating complaints against licensed contractors places contractors at risk of losing their license for minimal technical violations which may… Read More →