In The Spotlight Archives

The Opus Group appoints 2 new associates for Phoenix market expansion

by in AZRE Magazine | In The Spotlight

 The Opus Group (Opus) announced today that two new associates have been appointed to Opus Development Company, L.L.C. Brett Hopper has joined as senior director, real estate development and Matthew Visnansky has joined as real estate manager, real estate development. In their new roles, Hopper will be responsible for sourcing new development opportunities and Visnansky will… Read More →

Pondering President Trump’s trade policy and impact on industrial real estate

President Donald Trump’s focus on curbing the trade deficit by bolstering U.S. exports and reducing imports could drive policy changes that impact industrial real estate markets throughout the U.S., Cushman & Wakefield reported in a logistics and industrial research briefing released today. However, the report concludes that a trade war with China or U.S. withdrawal from NAFTA… Read More →

Resimmercial design brings the feeling of home to the office

Instead of bringing your work home with you, this office trend brings home to the office. As the latest workplace trends enable employees to work where, when and how they want based on their flex schedules and unique preferences, office furniture manufactures like Allsteel are using “resimmercial design” to create a welcoming, comfortable home-like environment… Read More →

Brokers, developers and projects honored at 2016 Best of NAIOP

by in AZRE Magazine | In The Spotlight

The Arizona chapter of NAIOP honored developers, projects and brokers at its 2016 Best of NAIOP awards. This year, Grady Gammage Jr., a real estate and zoning attorney who was a founder of Gammage & Burnham, received the Award of Excellence at the ceremony, which was held at the Arizona Biltmore. Gammage has had a long career, which… Read More →

Phoenix retail report: more demand, less vacancies, higher rents

Arizona Polymer Flooring

The Phoenix retail market started 2017 with strong leasing activity, rising net absorption and steady rental rates, according to Kidder Mathews’ Phoenix retail Q1 2017 report. The overall retail vacancy level of 8.6 percent represents the lowest vacancy rate recorded since the third quarter of 2008. Total vacancy decreased by 20 basis points, a result of 803,000… Read More →

Phoenix industrial report: total vacancy remains unchanged

Dexcom

The Phoenix industrial real estate market started the year with strong leasing activity, increasing development and steady rental rates. Despite 1.6 million square feet of positive absorption, new deliveries of over two million square feet caused vacancy to remain unchanged at 9.8 percent. Kidder Mathew, an independent commercial real estate firm, expects increased competition for space… Read More →

Phoenix office report: total vacancy drops to 9-year low

Phoenix

The Phoenix office real estate market experienced over a million square feet of positive net absorption, strong leasing activity and steady rental rates during the first quarter of 2017, according to Kidder Mathews’ Phoenix office Q1 2017 report. Direct vacancy decreased to 15.9 percent, a 120 basis point decrease from this time last year. The… Read More →

2016 TOBY Award winners announced

TOBY Award

This year’s BOMA Greater Phoenix TOBY Awards were presented on Nov. 4 at the Arizona Biltmore, which are among the highest honors bestowed by the association. 2016 TOBY Award winners:   Photos courtesy of BOMA Greater Phoenix The annual association awards recognize quality of buildings and excellence in building management. Buildings are judged on all… Read More →

DMB president sees urban redevelopment as future for valley

DMB

Brent Herrington, president and CEO of DMB Associates Inc., finds his company in the middle of a major change in strategy. DMB, known for building large masterplan communities, now shifts its focus to urban redevelopment style projects aiming for more infill and adaptive reuse. He took over for former president Charley Freericks in February and… Read More →

AZRE names Most Influential Women in CRE for 2016

The 12 women who made AZRE’s Most Influential Women in Commercial Real Estate list are an extraordinary bunch. While that seems implied in the recognition, it’s something that goes beyond their professional achievements. Many of these women had to work their way through the ranks to a C-suite. One was a dealer in a casino.… Read More →

IIDA’s PRIDE Awards recognize excellence in interior design

The International Interior Design Association is the only worldwide design organization that solely focuses on commercial work. It has more than 13,000 members in 33 chapters around the globe, including the IIDA Southwest Chapter. Annually, IIDA’s major events include the PRIDE Awards, recognizing excellence in interior design projects; the UnVeiled trade show; a charity build… Read More →

Revamping the ground floor

ground floor

If you believe the days of ground-floor glory and grandeur have gone asunder, think again. The lively lobbies and first-floor streetscapes so admired in golden eras of old are making a comeback. Take a look at how two projects are meshing the best of ground-floor throwback with new-age amenities to create a hybrid of first-floor… Read More →

Gould Evans celebrates 20 years in Phoenix

Gould Evans

This has been a big week for Gould Evans Phoenix. On Friday, the nationally recognized design and planning firm earned a 2016 PRIDE (Professional Recognition of Interior Design Excellence) Award in the category of commercial space under 10,000 square feet. The awards were presented by the International Interior Design Association (IIDA). And this week, Gould Evans Phoenix celebrates… Read More →

JLL Phoenix office appoints senior vice president

promotion

The Phoenix office of JLL hired David Rosato as senior vice president and new leader of its growing Phoenix Project & Development Services (PDS) group. The PDS group provides consultation, project management, design and construction management services for projects ranging from office to industrial to retail. In his new position, Rosato manages the Phoenix PDS team and… Read More →