Industry Insiders Archives

Ryan Companies wins City of Chandler RFP

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Chandler City Council has awarded Ryan Companies the request for proposal for the premier downtown property known as Site 6, located on Arizona Avenue, directly across from Chandler’s award-winning City Hall. Ryan Companies, a nationally recognized company specializing in office development, construction and management, proposes to develop and lease a mixed-use project consisting of two… Read More →

GPE Commercial Advisors bucks female-ratio trend

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by Ronald Genovese, Founder and Designated Broker at GPE Commercial Advisors Recently, more and more articles are emerging with titles and taglines that shed light on commercial real estate’s male dominated workforce, causing us to acknowledge that the old ideology is still part of our industry today. GlobeSt.com published  an article in April 2014, entitled… Read More →

Kirk McClure elected to MCC Foundation board

Kirk McClure, Director of Business Development for McCarthy Building Companies, was recently elected to the board of directors for Maricopa Community Colleges Foundation. “Kirk has a passion for higher education and is extremely active within business circles here in Arizona,” said Dr. Steve Helfgot, president & CEO of the Maricopa Community Colleges Foundation.  “We look… Read More →

The Luhrs endures: Adaptive reuse, retail breathe life into iconic downtown building

Luhrs, WEB

Nestled among the steel and glass high rises in downtown Phoenix, the Luhrs Building stands as a symbol of the iconic brick-and-mortar structures that once graced the inner city. As the City of Phoenix embraces the concept of adaptive reuse, the Luhrs Building, constructed in 1924 at a cost of $553,000, is part of this… Read More →

The West’s most developable town

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Valley Partnership has announced the topic for its upcoming monthly breakfast on Friday, Aug. 22. This month’s program will feature an update on current real estate conditions in Scottsdale, Ariz. Panelists will discuss what’s been happening in “The West’s Most ‘Western’ Town” as well as future opportunities for the commercial real estate and development community.… Read More →

Glimcher breaks ground on 170KSF at Scottsdale Quarter

ScottsdaleQuarterOffice, WEB

Glimcher Realty Trust has broken ground on Block M at Scottsdale Quarter, a six-story, approximately ±170,000 SF Class-A, mixed-use building in north Scottsdale, Ariz. Located at the southeast corner of the high-end lifestyle center, the new tower will feature premier office space, above ground-floor retail plus an additional parking garage for both tenants and visitors.… Read More →

Glendale-based AVANA Capital helps create new hotel in Ohio

From Centre Park Holiday Inn Event Center's Facebook page.

When an innovative commercial real estate mortgage lender joins forces with a respected leader in hotel management and development, progress happens and a community wins. AVANA Capital and Middletown Hotel Management (MHM) have brought to fruition a hotel and event center that will be an anchor for the township and a Butler County tourism draw… Read More →

Former Jabil warehouse sells for $11.4M

Jabil Circuit, CushWake, WEB

Cushman & Wakefield of Arizona, Inc. negotiated the $11.4 million sale of a former electronics manufacturing/warehouse building at 615 S. River Dr. The 193,000-square-foot property was built in 1982, expanded in 1994 and expanded again in 1997. It includes 176,000 square feet of fully air-conditioned manufacturing and warehouse space and 17,000 square feet of office… Read More →

90th Street Medical Campus planned for SRPMIC

Proposed rendering courtesy of GPE

A state-of-the-art medical campus will soon be built at the northeast corner of Loop 101 and 90th Street, on the Salt River Pima-Maricopa Indian Community, less than two miles from the Scottsdale Healthcare Shea Medical Center. The 43-acre, mixed-use development will be named 90th Street Medical Campus. “We have had tremendous interest for this extraordinary… Read More →

Ideation Design Group employee drafts path to recovery

Kuna Williams at his desk at Ideation Design Group. Photo by Kaleigh Shufeldt

Exactly one year ago, Kuna Williams walked into Ideation Design Group looking for a job. He knew the principals Carl Schaffer and Jennifer Reynolds from his past employment as a drafter for a fabrication company that had worked with Ideation. Within two weeks, Williams was drafting for Ideation and working with a great team. While… Read More →

Kitchell acquires 20-acre parcel near Sky Harbor

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Kitchell Development Company acquired nearly 20 acres at Interstate 10 and 28th Street, just south of Sky Harbor Airport in Phoenix for an industrial development. “Over the years we have developed several types of commercial projects including retail business parks, and multifamily, depending on the market climate,” said Senior Director of Development Ryan Cochran. “We’re… Read More →

Cindy Winters purchases Eagle Commercial Realty

Cindy Winters, President and owner Eagle Commercial Realty Services

Eagle Commercial Realty announced today that its President, Cindy Winters, CPM®, CSM has purchased the firm from J. Paul Falbo, CRX, CSM, CPM®.  Winters has been with this Arizona-based commercial real estate property management and brokerage firm since 1997 and has served as president since 2009. “I am very fortunate to have worked with Paul for over 25 years. … Read More →

Silicon Valley Bank continues expansion in Arizona

Money Tree, WEB

Silicon Valley Bank, the bank of the global innovation economy, is extending its investment in Arizona by bringing additional IT and finance positions to its Tempe location in support of the company’s global operations. In addition, Silicon Valley Bank committed to lend or invest at least $100M to technology and life science companies based in… Read More →

Colliers’ Cooke Team brokers largest multifamily portfolio in Phoenix

Metro Value Add Portfolio, Colliers, WEB

The Cooke Multifamily Investments Team at Colliers International in Greater Phoenix completed the sale of a 2,759 unit-multifamily portfolio for $168.5 million. To date, the largest multifamily portfolio closed in Metro Phoenix and it could hold the record for 2014. The size of this Class A and Class B Value-Add Metro Phoenix Portfolio attracted attention… Read More →