Featured Archives

MJ Insurance shows record revenue and growth

Michael Bill, CEO of MJ Insurance.

MJ Insurance, one of the nation’s largest privately-held insurance agencies, had a record-setting year in fiscal 2015 reporting more than $29 million in revenue – a 9 percent increase year-over-year and the highest the firm has ever recorded. MJ’s fiscal year runs from September to September and for 2015, MJ saw continued growth in both… Read More →

Security Properties acquire Pillar at Scottsdale for $95.75M

Pillar at Scottsdale (PRNewsFoto/Security Properties)

Security Properties and Intercontinental Real Estate Corporation purchased Pillar at Scottsdale, a 539-unit, Class A multifamily property located in Scottsdale, AZ, for $95,750,000.  The asset was purchased through Security Properties Multifamily Fund II in its second joint venture with Intercontinental and their US REIF Fund.  It is Fund II’s second purchase in the Phoenix market… Read More →

Investor purchases $3M Midtown Central Avenue parcel

Central&Columbus_Oblique_New copy

Cushman & Wakefield announced that Ironline Partners has purchased 1.98 acres of land at the northeast corner of Central and Columbus Avenues for $3 million. Vice Presidents Will French and Brian Rosella with Cushman & Wakefield negotiated the sale transaction. Ironline Partners purchased the distressed parcel from MidFirst Bank and has not announced its development… Read More →

CCIMs report a 94% closing rate on industrial transactions

Members of the CCIM Institute, Commercial Real Estate’s Global Standard for Professional Achievement, indicated strong investor interest in industrial properties, according to the organization’s 3Q15 Quarterly Market Trends report. Approximately 69 percent of CCIM members who participated in a July/August 2015 market intelligence survey reported a higher industrial deal flow year over year, with a… Read More →

NAIOP Arizona’s Annual Roundtable

NAIOP 2015 Roundtable group_DSC_0974

NAIOP, a Commercial Real Estate Development Association, announced its decision to add retail to its foundation of office and industrial sector resources. This, among other topics, made it onto the table at the 2015 roundtable discussion held by leading members of the Arizona chapter. NAIOP-AZ members gather every year around a table, not necessarily a round… Read More →

Technology cuts breast cancer treatment from weeks to minutes


At 77 years old, Arleen Kraynak decided that she didn’t need mammograms anymore. She figured it would be a waste of time because she had 35 annual mammograms and there was never a problem. But she began feeling guilty and had her annual screening mammogram. She’s glad she did. This time, her mammogram showed a… Read More →

Sky Harbor looks to strike deal with Uber, Lyft

Significant Infrastructure - AZRE Magazine March/April 2011

Sky Harbor Airport is trying to reach a compromise with transportation network companies, like Uber and Lyft, to allow them to operate at the airport. Currently, only approved commercial Uber vehicles can operate at the airport, because the drivers have complied with Sky Harbor’s requirements for transportation vehicles. The major point of contention between transportation… Read More →

Huntington Apartments in Tempe sell for $34.6 Million

The Huntington Apartments

Cushman & Wakefield, a global leader in commercial real estate services, announced the $34.6 million sale of The Huntington Apartments on behalf of owner Gelt Inc., dba Gelt Mill Holdings LLC of Tarzana, CA. Jim Crews and Brett Polachek with Cushman & Wakefield’s Southwest Multifamily Advisory Group successfully negotiated the sale to Abacus Capital Group… Read More →

BestCompaniesAZ will host Millennial career mixer

November Commercial Real Estate Networking Events

BestCompaniesAZ’s Millennial Career Mixer is just under two weeks away – Wednesday, October 21, 2015 at Malee’s Thai Bistro in Scottsdale. This will be a fun, social event with complimentary appetizers and beverages, and most importantly time to network one-on-one with recruiters from these top hiring companies: Charles Schwab, USAA, Synchrony Financial, Dignity Health, Progrexion,… Read More →

PTK: People & Projects to Know 2015-2016

by in Archives | AZRE Magazine | Featured

People & Projects To Know 2015 Curating an Industry There may be, literally, tons of concrete, steel and dirt in the commercial real estate industry, but describing the foundations of a great development is incomplete without the people and relationships that precede such things. In fact, the two are so interdependent that AZ Big Media… Read More →

FirstBank launches ‘Elevator Pitch’ contest in Arizona

Chandler Innovation Center

FirstBank, which has multiple banking locations throughout the Phoenix Metropolitan Area, announced a new competition for businesses in Arizona. The competition, called the “FirstBank $20,000 Elevator Pitch Business Contest” will kick off on Tuesday, October 12 and, only a few weeks later, award one winner with $20,000, courtesy of the bank. Contest participants will be… Read More →

Arizona Forward calls for focus on forest health

Flagstaff, Scottsdale CVB - AZ Business Magazine January/February 2012

Arizona Forward is releasing its newest primer today – “Threats to Forest Health Put Arizona at Risk.” It urges statewide attention for treatment and restoration to prevent the devastating fires that have scarred our state’s landscape, tarnished watersheds, depressed the economy and threatened the quality of life for residents throughout the Grand Canyon State.  The… Read More →

Big Deals: Julie Johnson is a star-crossed broker

Photo by Robin Sendele, Az Big Media

Julie Johnson’s first job out of college was to conduct failure analysis for airplane turbine blades, and she couldn’t have been more bored. She graduated from Arizona State University with a bachelor’s degree in metallurgical engineering with aspirations of conducting research for a space program. A career in healthcare real estate leasing, investment sales and site selection… Read More →

Roosevelt Row named ‘Great Place in America’ by APA

Roosvelt Row

The American Planning Association (APA) announced the country’s 15 Great Places for 2015 through the organization’s national program, Great Places in America. Launched in 2007, Great Places in America recognizes unique and exemplary streets, neighborhoods, and public spaces — three essential components of all communities. These authentic places have been shaped by forward thinking planning… Read More →