Featured Archives

Five Must-See Chefs at the Scottsdale Culinary Festival

Chef, Gadzooks

As the primary fundraiser for the Scottsdale League for the Arts, the 36th annual Scottsdale Culinary Festival hosts more than 35,000 guests, 20 events, 100 restaurants and dozens of top chefs. There will be a lot of star power at this year’s Scottsdale Culinary Festival next weekend (April 8 to 13). Here’s the scoop on… Read More →

Banner Health Relocates Howard S. Gray School to Tempe

1410W10th, WEB
April 3, 2014 by in AZRE Magazine | Brokerage | Featured

Cassidy Turley announced that it represented building owner Quach, LLC, in its lease of 15,215 SF to an affiliate of Phoenix-based Banner Health, an Arizona non-profit corporation, at 1410 W. 10th Pl. in Tempe, Ariz. Marc Tuite, Scott Baumgarten, Josh Wyss and Bruce Calfee with Cassidy Turley represented Tempe-based Quach, LLC, while Vicki Robinson of… Read More →

Sundt Construction breaks ground on Friendship House at Royal Oaks

Friendship House, WEB

Sundt Construction has broken ground on the Friendship House at Royal Oaks Lifecare Retirement Community in Sun City, Ariz. The $13.6M project is a two-story memory care facility designed to provide lifestyle-focused accommodations for Royal Oaks residents with varying levels of cognitive needs. This is Sundt’s sixth project for Royal Oaks, speaking to the longstanding… Read More →

Dos and Don’ts with Your Tax Dollar

tax

With April 15th right around the corner, some of us are anxiously anticipating a tax refund check. As a matter of fact, according to CNN Money, the average tax refund is about $3,000. If you’re lucky enough to be part of this group, what do you do next? I would like to give you some… Read More →

Thirsty Thursday: Sip on Luxury at Jade Bar

Old Fashioned, WEB

Jade Bar at Sanctuary Camelback Mountain Resort and Spa is nothing short of luxurious. The resort is set into Camelback Mountain, perfect for toasting to romantic Arizona sunsets, and is covered with colorful, native plants accompanied by a pool, tennis courts, spa rooms and more. Since its expansion, Elements restaurant and Jade Bar overlook different… Read More →

Colliers International Completes $43.1M Sale of 183KSF Office in Chandler Price Corridor

2700 W. Frye Rd., Chandler

Colliers International in Greater Phoenix recently completed the sale of a 183KSF, Class-A office building in Chandler for $43.1M, or $235.50 a square foot. W. P. Carey Inc., a global net-lease REIT based in New York City, purchased the building at 2700 W. Frye Rd. in Chandler from Regent Properties of Los Angeles. Neil Glassmoyer,… Read More →

$1.8 million in grants available to women

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The U.S. Department of Labor today announced the availability of approximately $1.8 million in grants through the Women in Apprenticeship and Nontraditional Occupations program, an initiative designed to recruit, train and retain women in high-skill occupations, such as advanced manufacturing, transportation, energy, construction and information technology. “Helping women get the job skills they need to… Read More →

LMT Engineering joins forces with Speedie & Associates

Lyle Tweet - Regional Geotechnical Manager

Speedie & Associates, Inc. is joining forces in Tucson with LMT Engineering. LMT is a firm that has specialized in geotechnical engineering, primarily in the Southern Arizona Market, for many years. LMT was headed by Lyle Tweet PE. who now joins Speedie as Regional Geotechnical Manager. Prior to forming LMT approximately 10 years ago, Lyle… Read More →

SRP Elections Fill 46 Seats

clear energy systems coming to tempe

Voters in Salt River Project elections Tuesday elected new officers and filled 22 seats on the board and council of the Salt River Project Agricultural Improvement and Power District and new officers and 20 seats on the board and council of the Salt River Valley Water Users’ Association – SRP’s collective governing bodies. Results from… 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 →

ON Semiconductor Acquires Truesense Imaging

semiconductor

ON Semiconductor signed a definitive agreement to acquire Truesense Imaging, Inc., a provider of high-performance image sensor devices addressing a wide range of industrial end-markets including machine vision, surveillance, traffic monitoring, medical and scientific imaging, and photography. The acquisition of Truesense Imaging strongly complements ON Semiconductor’s image-sensor business by vastly expanding its technology portfolio and… Read More →

Arizona Biomedical Corridor advances

bioscience

Phoenix Mayor Greg Stanton and the City Council today approved the Phoenix Industrial Development Authority to issue up to $180 million in revenue bonds to finance Mayo Clinic’s new proton beam radiation therapy center. The Council also approved a two-year extension of its agreement with ASU and Mayo Clinic to continue collaborative planning efforts to… Read More →

Keyser Merges With Catalyst Commercial Group

Catalyst, WEB

Catalyst Commercial Group, a leading retail commercial real estate advisory firm exclusively serving the national, regional and local space needs of retail and restaurant tenants, announced today that they have entered into an agreement to merge with Keyser to create the largest, multi-platform tenant representation firm in Arizona. “We are very excited to announce this merger… Read More →

De Rito Partners, Inc. Releases Recent Commercial Transactions

Gainey Ranch Village, De Rito, WEB
April 2, 2014 by in AZRE Magazine | Brokerage | Featured

  Dutch Bros. Coffee expanding to Surprise Dutch Bros. Coffee is opening its first location in Surprise, Arizona just east of the southeast corner of Bell Road and Litchfield Road. De Rito Partners’ agents Brian Bridgman and Marty Olejarczyk represented Dutch Bros. in a ground lease of 23,762 square feet. Middle Eastern market opening second… Read More →

Catharine Teeter joins CBRE as director of operations

Cathy Teeter, WEB
April 2, 2014 by in AZRE Magazine | Brokerage | Featured

CBRE has announced that Catharine Teeter has joined the firm as its Director of Operations for Arizona and the Intermountain Region. In this role she will partner with the firm’s market and regional leadership to develop and implement strategic priorities for operations. ”I am thrilled to welcome Cathy to the team. She is the perfect… Read More →

Arizona hoteliers earn national awards

19648 C-Empty pool

Arizona took center stage and took home two national awards at the American Hotel & Lodging Association’s (AH&LA) annual Stars of the Industry awards ceremony held this week in Washington, DC. The “Outstanding Manager of the Year, Large Property” was awarded to Thomas Williams, Director of Guest Services at the Fairmont Scottsdale Princess. Williams has… Read More →

Flinn Awards $2M to Banner Alzheimer’s Institute

alzheimers

Banner Alzheimer’s Foundation, the philanthropic resource for Phoenix-based Banner Alzheimer’s Institute (BAI), part of the nonprofit Banner Health, received $2 million in grant funding from the Flinn Foundation, a privately endowed, philanthropic grantmaking organization in Arizona. Aligning with the Flinn Foundation’s mission to advance biosciences in the state, the grant is an investment in BAI’s… Read More →

Report Shows Changing Arizona Energy Mix

energy supply - AZ Business Magazine May/June 2012

Arizona Public Service today released its official forecast of how Arizona will meet its growing energy needs over the next 15 years. The report, called an “Integrated Resource Plan,” takes a big-picture look at Arizona’s energy future that helps APS and other stakeholders plan responsibly. The forecast identified three major trends shaping Arizona’s energy future:… Read More →

University of Phoenix names new president

phoenix

University of Phoenix announced that the institution’s board of trustees has named Timothy P. Slottow as the new president of the University. Slottow’s distinguished career spans 30 years at public and private organizations throughout the U.S. He currently serves as executive vice president and chief financial officer at the University of Michigan, where he is… Read More →

Microchip Completes Acquisition of Supertex

Steve Sanghi, president and CEO of Microchip.

Microchip Technology Incorporated and Supertex, Inc. announced that Microchip has completed its previously announced acquisition of Supertex following approval of the transaction by Supertex shareholders at Supertex’s special meeting of shareholders held today. Approximately 98.4% of the Supertex shares that voted were voted in favor of the merger in which Supertex shareholders will receive $33.00… Read More →

CityScape Phoenix Office Tower Receives ENERGY STAR Award

CityScape, WEB
April 2, 2014 by in AZRE Magazine | Building Green | Featured

BOMA Phoenix this week named RED Development’s CityScape Phoenix office tower the winner of The Kilowatt Crackdown Award for the most improved ENERGY STAR benchmarked building above 500,000 square-feet in the Greater Phoenix area for 2013.   A highly regarded award, ENERGY STAR measures energy savings using the U.S. Environmental Protection Agency (EPA)’s standards and… Read More →

Zanes Wins National RADICAL Entrepreneur Award

Entrepreneurs

Leading Southern Arizona injury law firm Zanes Law announced that non-attorney co-founder Claudia Zanes has won the Doreen Rainey RADICAL Entrepreneur Award, for being “bold and courageous enough to depart from the usual, expected or ordinary to take charge of her professional and personal lives.” Zanes was given the award March 23 at the 6th… Read More →

Deco Acquisitions purchases Lodge Development site in Scottsdale

LodgeDevelopmentSite, WEB
April 1, 2014 by in AZRE Magazine | Brokerage | Featured

Cassidy Turley announced the sale of a ±0.72 acres/±31,427 SF development site at 4422 N. 75th St. in Scottsdale, Ariz. Deco Acquisitions, LLC (dba, Deco Communities) purchased the property for $4.05M ($128.87 per square foot) from Hewson 75th St., LLC. Cassidy Turley Executive Managing Directors David Fogler and Steven Nicoluzakis and Managing Director Don Arones… Read More →

Spring training attendance grows

baseball

Major League Baseball says spring training games drew a record average of 8,078 fans, up 7.3 percent from last year’s 7,527. The previous mark of 7,793 had been set in 2008. Overall attendance for 447 dates was 3,610,738, baseball’s fifth-highest total, the commissioner’s office said Tuesday. The Chicago Cubs drew 213,815 fans and an average… Read More →