AZRE Magazine Archives

NAIOP-AZ 2014 Notable Projects

naiop-az-2014-projects
October 24, 2014 by in AZRE Magazine | Featured

NAIOP-AZ Projects Criteria: • Property must be owned or have non-refundable earnest money in escrow by 8/1/14 • Property must have proper zoning in place by 8/1/14 • Property must be bigger than 100KSF 1. 10 West Logistics Center Developer: Wentworth Property Company General Contractor: Graycor Architect: Butler Design Group, Inc. Location: 6200 W. Van… Read More →

BKM Capital Partners acquires three industrial parks

Black Canyon 8024 N. 24th Avenue, BKM Capital, WEB

BKM Capital Partners has acquired three multi-tenant industrial parks with a combined capitalization of $42.8 million on behalf of BKM Industrial Value Fund I, LP, according to Brian Malliet, CEO and Co-Founder of BKM. These are the first three assets to be included in the commingled fund, which targets final close in March 2015, and intends… Read More →

$350M ‘green’ condominium project moves into Scottsdale

SC at Silverleaf 1

The Sterling Collection at Silverleaf, a “green” luxury condominium development, is set to launch sales in early November. The $350M development is one of the largest luxury residential projects in the Southwest.   Developed by Scottsdale-based Cypress Development Group, The Sterling Collection at Silverleaf will be the most luxurious condominium community to ever be developed… Read More →

Multifamily developers make name brand connection

Broadstone on Camelback

Naming apartment communities has always been an art form. Some community names connect to romantic or exotic locales, others to the landscape and still more simply to location. “We believe that an apartment is more than just a place to have dinner and go to bed,” says Rob Lyles, partner in Deco Communities. “We see… Read More →

Jeff Arnold, co-founder of Concord Eastridge, passes away

Jeff Arnold, Co-founder and President of Concord Eastridge
October 23, 2014 by in AZRE Magazine | In The Spotlight

Jeff Arnold, one of the founders of Concord Eastridge and its president, passed away on Oct. 15 in Phoenix. Arnold, 67, suffered a major cardiac episode earlier this year and was on the road to recovery when a complication occurred resulting in his passing. Arnold co-founded Concord Eastridge in 2004 with his wife and business… Read More →

Big Deals: Land, June 2014 – July 2014

land
October 23, 2014 by in AZRE Magazine | Brokerage | In The Spotlight

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 →

Big Deals: Retail, June 2014 – July 2014

Pecan Promenade, Tolleson
October 23, 2014 by in AZRE Magazine | Brokerage | In The Spotlight

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 →

Big Deals: Office, June 2014 – July 2014

Stapley Corporate Center, Mesa
October 23, 2014 by in AZRE Magazine | Brokerage | In The Spotlight

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 →

Big Deals: Multifamily, June 2014 – July 2014

Broadstone on Camelback
October 23, 2014 by in AZRE Magazine | Brokerage | In The Spotlight

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 →

Big Deals: Industrial, June 2014 – July 2014

Logistics 75, Phoenix
October 23, 2014 by in AZRE Magazine | Brokerage | In The Spotlight

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 →

Caution: Low-Flying Aircraft Policies

low flying aircraft
October 23, 2014 by in AZRE Magazine | Blogs | Featured

The Federal Aviation Administration (FAA) is considering a significant reduction in the maximum height limit of buildings near U.S. airports to ensure aircraft have clearance to continue an ascent in the unlikely event that an engine fails at takeoff. The proposed policy would limit building heights of new commercial projects within 10,000 feet of the… Read More →

Use Your Incentives Wisely

Mark Stapp
Arizona Advisory Board Member, Urban Land Institute ; Executive Director, Masters of Real Estate Development; Fred E. Taylor Professor of Real Estate, W. P. Carey School of Business, Arizona State University
October 23, 2014 by in AZRE Magazine | Featured

The use of incentives has become a routine issue in economic and real estate development and their use to attract desired projects such as Tesla or Apple is frequently questioned. Often, people ask if officials are simply helping private parties make bigger profits at the expense of the general public. This is a legitimate question.… Read More →

Keeping up with Pace

John Glenn
Co-Chairman
Associate of AIA and Government Affairs
October 22, 2014 by in AZRE Magazine

The 2014 regular legislative session has come to a close and The AIA Arizona Government Affairs Committee, staff and lobbyists have monitored and attempted to influence legislation with fairly good results. We were successful in helping to derail legislation that the committee feels would have been detrimental to the industry including a bill that would… Read More →

Sundt to build temporary lodging at Luke AFB

Courtesy of Sundt

The U.S. Air Force 56th Contracting Squadron recently selected Sundt Construction, Inc. as the general contractor for a new temporary lodging facility at Luke Air Force Base in Glendale, Ariz. The $8.9 million, 42,000-square-foot project includes construction of four single-story lodging facilities with 28 units, providing Air Force personnel with short-term, quality housing accommodations as… Read More →