Featured Archives

Renowned BBGM joins forces with MONOGRAM

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BBGM, an internationally distinguished architecture and interior design firm based in Washington D.C., announced a merger with West Coast luxury hospitality interior design firm MONOGRAM. With the joining of these two industry leaders, BBGM further positions itself at the forefront of international high-end design, while maintaining their signature client-focused approach. Since 1987, BBGM has made… Read More →

As Obamacare enrollment opens, insurers tweak plans

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As open enrollment begins this weekend for the third year of Obamacare, insurance carriers in Arizona are “still trying to figure … out” which types of plans work best for them and for their customers. An estimated 100,000 Arizonans who could have received discounts on marketplace health coverage did not enroll this year. They were… Read More →

NAIOP members’ office and industrial projects

SkySong, The ASU Scottsdale Innovation Center — SkySong 4

Project profile criteria per NAIOP: Property must be owned or have non-refundable earnest money in escrow by 8/1/15. Property must have a color site plan and color rendering completed. Property must have proper zoning in place. Property must be bigger than 100,000 square feet Amkor Headquarters  Developer: Ryan Companies US, Inc. General Contractor: Ryan Companies… Read More →

Smoking butts out of multifamily business

smoking

For years it’s been known that smoking is bad for your health, and it has been subsequently banned inside of restaurants, offices and outside building entrances. With a the help of a grant from Maricopa County, the Arizona Multihousing Association wants to foster smoke-free programs at apartments as well. “The purpose of the grant is… Read More →

Bankers Trust celebrates opening of new location

Bankers Trust Check Presentation

Nearly 150 community leaders, industry experts and customers joined Bankers Trust on Thursday as they celebrated the grand opening of its new location on the ground floor of Esplanade Building II (2525 E. Camelback Rd. Suite 100). The first Bankers Trust Phoenix location opened in 2007 and since that time the Bank has grown from… Read More →

NAIOP Developing Leaders program gets national recognition

Developing Leaders program participants strike a pose among fellow super humans.

Last year, NAIOP Arizona received national attention for its Developing Leaders program. “It’s a great program, because you overcome the lack of common ground with more seasoned professionals,” says Robert Guerena, vice president of development at Seefried Properties and 2015 chair of the developing leaders program. “You don’t know the right questions to ask a 30-… Read More →

The Shops at OdySea locks down first wave of retailers

OdySea-WEB-2

If you drive along the 101 Freeway in Scottsdale, you cannot miss the 60-foot tall concrete tilt walls standing upright just north of Via De Ventura. Anchored by one of the largest, most technologically advanced indoor aquariums to be constructed in the United States, OdySea in the Desert has now released its first wave of retailers… Read More →

Menlo Equities purchases Thistle Landing office park

Thistle Landing

Affiliate of Menlo Equities LLC purchased the remaining three buildings of the Thistle Landing office park located at 4801, 4805 and 4811 E. Thistle Landing Dr.. Chris Toci, Chad Littell, Jerry Noble, Pat Devine and Greg Mayer of Cushman & Wakefield represented the seller, Torchlight Investors LLC of New York, in the disposition. No outside… Read More →

The Camby Hotel set to open in December

The Camby Hotel

The Camby Hotel, Phoenix’s most anticipated independent luxury property, is set to open in December 2015 and will seamlessly blend imagination, sophistication, and statement-making designs to create a unique experience for leisure and business travelers. The Camby Hotel, owned by Host Hotels & Resorts, Inc., promises not only an elegant urban respite, but also a… Read More →

North Mountain Plaza in Phoenix sells for $10.5M

North Mountain

Arizona-based Pivot Development, LLC has purchased North Mountain Plaza, a retail center in Northwest Phoenix for $10,577,000. Cushman & Wakefield Senior Vice Presidents Dan Salley and Jack Wilson negotiated the purchase transaction on behalf of the buyer. Cam Stanton of CBRE represented the seller, CT Retail Properties Finance IV, LLC. North Mountain Plaza is located… Read More →

Crowdfunding site connects Arizona businesses, capital

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The biggest challenge for Arizona entrepreneurs today is access to capital, said Dan Nienhauser, executive director of Arizona Collaboratory Inc. To address the issue, the Arizona Technology Council has partnered with Arizona Collaboratory Inc. to launch the Arizona Collaboratory Capital Connectivity Portal. This online platform is the first aimed strictly at Arizona technology companies and… Read More →

NAIOP Arizona: Blood, Sweat, and Years

Downtown_Phoenix_Aerial_Sketch-on

At the helm of NAIOP Arizona, directing it into its fourth decade, is Voit Managing Director Tom Johnston. He has worked in commercial real estate for 19 years and been a member of NAIOP for most of them, he says. “When I first became a member, it was a rocking four years. Everything was grandiose,”… Read More →

Historic Grand Ave building becomes art, collab, event space

Unexpected Art Gallery

The Unexpected Art Gallery opens in a historic Grand Avenue building this month, bringing a unique mixed-use art exhibition gallery, office and event space to this growing Downtown Phoenix neighborhood. The gallery renovates the 8,000 square foot Miller Store Fixture building at 734 W. Polk St. where the owners plan to host exhibitions and include a TechShop… Read More →

BKM makes sizeable acquisition in Phoenix

BKM

BKM Capital Partners has acquired the Koll Cotton Center, a seven-building, 225,435 square-foot industrial business park in Phoenix for $26 million. “The Cotton Center is an institutional quality asset that presents a dynamic value proposition,” says Brian Malliet, CEO and Co-Founder of BKM Capital Partners. “By acquiring this property well below replacement cost, there is a… Read More →