Property Management Archives

ViaWest Group acquires Tiger Industrial Center

Tiger Industrial Center, via ViaWest Group

ViaWest Group announced the recent acquisition of two multi-tenant, industrial buildings collectively referred to as Tiger Industrial Center. Located at 4901 & 4929 W. Van Buren, the complex is comprised of 103,064 SF. Sold on December 30, 2014, Phoenix-based ViaWest Group paid $4.55MM acquisition. This is the first acquisition in ViaWest’s new fund focused on… Read More →

BOMA Greater Phoenix announces 2015 president

Lincoln Property Company (LPC) announced the appointment of Senior Property Manager Megan Watkins as 2015 President of the Building Owners and Managers Association (BOMA)–Greater Phoenix. With 315 current members, BOMA-Greater Phoenix serves as one of the Valley’s leading organizations providing education and advocacy for the commercial real estate industry. Watkins joined BOMA-Greater Phoenix in 2004.… Read More →

IPT assigns property manager at Normal Junction

1715 S. Holbrook Ln.
December 21, 2014 by in AZRE Magazine | Property Management

Cushman & Wakefield of Arizona, Inc. has been selected by Industrial Property Trust (IPT) to handle leasing and property management for two industrial properties at Normal Junction. The properties, located at 1715 S. Holbrook Lane and 1895 S. Los Feliz Drive, contain a total of 140,314 square feet of industrial space. Approximately 29,471 square feet… Read More →

Op-Ed: Read this before locking out a commercial tenant

123rf.com, tatiana53

Most commercial landlords and property managers are aware that, in Arizona, if a commercial property tenant neglects or refuses to pay rent and is in arrears for more than five days, or if a tenant violates another provision of the lease, under certain conditions and circumstances, Arizona law allows the landlord the option to reenter… Read More →

BOMA Greater Phoenix hosts inaugural industrial summit

Industrial Summit Header

The industrial market is hot, leading the way for both investment and development prospects in 2014 with expected prospects rising to almost the same level as the apartment sector last year. BOMA International is partnering with BOMA/Greater Phoenix to present its first Industrial Summit on Nov. 5 at the Renaissance Hotel Downtown Phoenix, 50 E.… Read More →

Alter Asset Management named PM for Corridors

rsz_corridors_phoenix

Alter Asset Management (AAM) has been awarded the contract to provide comprehensive property management services for the 80-acre Corridors – Phoenix mixed-use park.  Comprising four buildings totaling 164,410 SF, the park was recently acquired by Adler Realty Investments, Inc. Samuel F. Gould, President of AAM, made the announcement. Adler Realty Investments, Inc. (Adler) is a… Read More →

Rainbow Housing has signed 7 contracts in 2014 so far

RainbowHousing, WEB

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, signed seven new contracts bringing in more than 1,500 new units throughout Washington, California and Texas. Additionally in 2014, Rainbow added three new clients to its service portfolio as well as several service-oriented… Read More →

Lincoln Property Co. wins International BOMA Award

AZGF 10x4, WEB

Lincoln Property Company (LPC)’s LEED Platinum Arizona Game & Fish (AZGF) Department Headquarters in Phoenix is among only 14 buildings from across the world to earn an International BOMA “The Outstanding Building of the Year” (TOBY) award at this year’s BOMA conference, held last week in Orlando, Fla. The TOBY awards are directed by the… Read More →

Lincoln Property Co. advances to international TOBY awards

AZGF 10x4, WEB

The Desert West Region of Lincoln Property Company (LPC) has advanced to the international “The Outstanding Building of the Year” (TOBY) awards competition for its management of the Arizona Game & Fish (AZGF) Department Headquarters in Phoenix. The awards program is directed by the Building Owners and Managers Association (BOMA) and is the industry’s most… Read More →

HTA launches medical real estate data service

Healthcare Trust of America

Healthcare Trust of America, Inc. announced Tuesday that it is serving as the top level, founding partner for the launch of Revista, a new data service for medical real estate. Founded by former executives with the National Investment Center, Revista is creating the most comprehensive and accurate data and industry services focused on the characteristics,… Read More →

IREM seeks balance amid projected talent shortfall

balance

Certified Property Managers (CPMs) in the United States manage nearly $2 trillion in assets and 10.4 billion SF of commercial space. A significant amount of these CPMs are expected to retire in the near future without a generation of up-and-comers to replace them. The future would appear bleak to owners and investors seeking replacements from… Read More →

CoreNet Global makes space in a changing workplace

cre

To add value to a corporate end user, you have to learn to think like one. That starts with realizing a client’s No. 1 business isn’t real estate, says Colliers International’s Bill Littleton. The executive vice president of Colliers’ corporate solution group works with six national and global corporate end users and has 25 years… Read More →

The importance of educating the next generation of property managers

Bret-Borg

Bret Borg, CPM, is the president of Borg Property Services and the 2014 president of IREM Chapter 47/Greater Phoenix. The local chapter has 300 members, 10 percent of which are industry partners made up of real estate support and service companies — a position that has what Borg calls a “substantial waiting list.” Borg has… Read More →

Alliance Residential Named No. 9 Apartment Management Co. in US

rsz_broadstonecanyon_fogler

Alliance Residential was recently named to the National Multi Housing Council’s (NMHC) 2014 NMHC 50 list of the nation’s largest apartment owners and managers. Moving up a spot from last year’s NMHC 50 ranking, Alliance is the 9th largest apartment management company in the nation with more than 71,000 units. Now in its 25th year,… Read More →