Real Estate Archives

Kortman Electric Takes ABA Leadership Into Boardroom

kortman-featured

The Arizona Builders’ Alliance represents the collective knowledge of more than 350 contractors, suppliers and professional service firms who work in the commercial construction industry. Membership means the ability to tap into and grow with fellow leaders in the industry. For one Arizona company, ABA’s leadership classes are a family affair. The four owners of… Read More →

The Key To The Corner Office

Jeannie Nguyen

Jeannie Nguyen is a vice president and relationship manager with National Bank of Arizona’s real estate banking group in Tucson, Ariz. She specializes in investor and developer commercial real estate relationships exceeding $5M. Jeannie is the 2014 president of Tucson CREW. She is also involved with National Bank’s Women’s Financial Group and Angel Charity for… Read More →

The New Crew: AZCREW

Vicki Williams

Vicki Williams is the senior vice president of commercial real estate at Alliance Bank of Arizona, where she has worked since 2004. She is the 2014 president of AZCREW, the Phoenix chapter of CREW Network, and former chair of AZCREW’s programs committee. Williams has been the vice president on the board of trustees for Childsplay,… Read More →

Local Real Estate Companies Battle The ‘Big Boys’

Battling-Robots
September 4, 2014 by in AZRE Magazine | Real Estate

Across all business sectors, local companies are constantly running into challenges competing against the big, national companies that possess more resources, easier access to capital and power of size. This is no different in the local Phoenix, real estate investment and development business. So, how do these companies survive and excel? As a foundation, local… Read More →

Christopher Cady joins AV Homes

christopher_cady

AV Homes, Inc. (NASDAQ:AVHI) has announced the appointment of Christopher Cady as the president of its Arizona division. Cady will oversee all homebuilding operations for the Arizona Division. Cady brings to the position 26 years of home building experience and has been involved in every facet of the business. He began his career as a… Read More →

Project News: May 2014

Left, Envy Condominiums; Top Right, The 17/Union Hills Business Center; Bottom Right, Grand Canyon University Arena.

CLEARED FOR TAKEOFF Airport I-10, a Class-A industrial project near the Sky Harbor International Airport, broke ground in mid-March. The 600KSF project, developed by Wentworth Property Company/Clarion Partners and leased by JLL, is located on the NWC of 24th Street and Rio Salado Parkway. The spec development will accommodate users looking for space between 50KSF… Read More →

When Visions Diverge

Images Diverge, WEB

When Visions Diverge: What Happens When Property Owners and Cities Want Different Land Use The crack of the gavel thunders through the room over the buzz of hushed whispers. Alone at the podium, the property owner stands stunned by the city council action denying the vision for a property. The investment in preplanned designs, attorneys,… 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 →

Planning & Zoning: May 2014

Planning and Zoning

City of Coolidge The City of Coolidge Planning and Zoning Commission was presented with a draft of the new Coolidge 2025 General Plan for review at the beginning of March. The presentation of the draft document initiates a two-month review period, during which edits may be made to the document, where considered appropriate, in order… 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 →

Shops at Gainey Ranch announces completed renovations, new tenants

Gainey - La Prima
April 29, 2014 by in AZRE Magazine | Real Estate

The shops at Gainey Ranch has undergone renovations and taken on a fresh and contemporary look. Upgrades to the shopping center include new monument signage, exterior lighting, brighter paint and stucco finishes, new tenant signage package, Kornegay Fine Cast Planters and landscaping. Two new tenants will join La Prima Donna Italian Restaurant and Wally’s American… Read More →

Salt River Pima-Maricopa Indian Community goes commercial

arizona

Salt River Pima-Maricopa Indian Community may have one of the best-located pieces of commercial real estate in the Phoenix Metro. It owns a 9.5-mile long area, known as the Pima Corridor, parallel to the Loop 101, a beltway connected to nearly all area freeways. Of that commercially zoned stretch, 143 acres remain undeveloped. Many Valley… Read More →

Industrial Evolution: West Valley poised for land grab

Dick's Sporting Goods distribution warehouse, Goodyear

Dick’s Sporting Goods built a 720KSF distribution center in Goodyear to service its West Coast stores. A California-based investor erected a 400KSF spec shell in Surprise’s Southwest Railplex business park. Corporate giants, Macy’s, Amazon, Sub-Zero, Marshall’s/TJ Maxx, Southwest Products and WinCo have landed or expanded their vast West Valley industrial operations within the last two… Read More →

Valley sports venues a slam dunk for developers

USA Place includes a 390-room Omni International hotel, 65KSF events center and exhibit hall, 545 Class-A apartments, 180KSF of street level retail, 240KSF of office space and underground parking. Rendering courtesy of Concord Eastridge.

The Valley is already home to the largest concentration of Major League Baseball fields, used during the Cactus League Spring Training, but even more sporting venues are breaking ground and with them a variety of mixed-use retail, hospitality and multi-family developments. USA Place, Avenue Shoppes at P83 and Riverview Park are such milestone investments in… Read More →