Real Estate Archives

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 →

Silverleaf Realty Closes $5.7M Home in Silverleaf

Silverleaf, WEB

Spring in the Sonoran desert always brings more traffic to Scottsdale and Silverleaf has seen a strong uptick in visits to this golf community in the foothills of the McDowell Mountains.  Last week, Silverleaf Realty sold one of the most exclusive listings in North Scottsdale’s Silverleaf community, an 8,761 foot residence for $5.77 million ($658.45… Read More →

Big Deals: Land, Dec. 2013 to Jan. 2014

land
April 9, 2014 by in AZRE Magazine | Real Estate

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch. In every issue, AZRE publishes the top five notable sales and leases for a period of 60 days (one… Read More →

Taylor Morrison in Joint Venture to Acquire Marblehead

homes

Taylor Morrison Home Corporation announced that it has formed a joint venture with its two largest shareholders, funds managed by Oaktree Capital Management, L.P. and TPG to acquire and develop Marblehead, a prestigious coastal residential development in San Clemente, California. Marblehead consists of 195.5 coastal acres and can accommodate over 300 luxury home sites. The… Read More →

Tim Nelson Becomes First Certified Reverse Mortgage Professional in Arizona

Tim Nelson, VIP Mortgage, WEB
March 14, 2014 by in Blogs | Real Estate

Scottsdale-based V.I.P. Mortgage, Inc., announced that Tim Nelson is the first mortgage professional in Arizona to achieve the designation of Certified Reverse Mortgage Professional (CRMP).   The National Reverse Mortgage Lenders Association (NRMLA) bestowed the certification on Nelson after he demonstrated a superior knowledge and competency in the area of reverse mortgages and a dedication… Read More →