Property Management Archives

Greystar receives top awards from AMA

Lesa LaRocca

Greystar recently received five top achievement awards and industry-wide recognition at the 2015 Annual Tribute event organized by the Arizona Multihousing Association (AMA). The AMA presented awards to rental communities and industry professionals that demonstrated excellence related to operating performance, community service, industry experience, teamwork and impact on the properties. The Arizona apartment industry’s 23rd annual… Read More →

Sensei Project Solution gets Luhrs City Center’s 9th Floor

(Credit Hansji): http://bit.ly/1JOjXSK

Luhrs City Center (LCC) announced a new addition to its already impressive tenant roster that is making it a tech industry epicenter. Scheduled for completion in mid-May, Sensei Project Solutions will occupy a custom-designed, open floor plan office suite and technology training center unspooling across the entire 9th floor of the LCC’s historic Luhrs Tower.… Read More →

Quantifying the Property Manager

Camelback Square, WEB

An atrium’s high-reaching archway floods with sun throughout the day, but after the sun sets, lights installed along the ceiling kick on. Over time, those lights’ bulbs will burn out and it’ll fall on a CPM such as Alisa Timm, director of management services at Lincoln Property Company, to figure out how to change those… Read More →

Strength in Numbers: Crowdfunding bullish on real estate

7th Gate Center

Crowdfunding isn’t just about raising capital for smart watches, giant batches of potato salad or unexpected life events. It’s increasingly an online marketplace used by real estate investors around the country. Massolution reported last April that crowdfunding platforms raised $2.7 billion for more than a million campaigns in 2012. It went on to predict, as… Read More →

East Valley cities come together over startup culture

The definition of a startup depends on who’s answering. The general consensus does seem to be a new, small company. The threshold of being a startup and a young business can be defined by revenue, company size, an acquisition or a new office space. What’s more important, experts say, is the environment that comes with… Read More →

ARC taps Plaza Companies to market two MOBs

Plaza Companies has been selected as the exclusive leasing team for a pair of thriving medical office buildings on the Arrowhead Hospital Campus in Glendale. American Realty Capital Healthcare Trust II, Inc. (ARC Healthcare), a real estate investment trust specializing in medical office buildings, senior housing and other healthcare facilities, has tapped Plaza Companies to lease 33,044-square-foot Arrowhead Medical Plaza I and 45,289-square-foot… Read More →

Mark-Taylor awarded property management of three Central Phoenix communities

In a move that illustrates its effectiveness as a luxury multi-family manager with universal appeal, Mark-Taylor Residential was named manager of three hip, trendy urban communities for third-party developers in the central Phoenix area. Luxury metropolitan communities Domus (4445 North 36th Street), Level at Sixteenth (1550 E. Campbell Avenue) and the under construction @51 community (5251 N. 16th St) are now part of the company’s… Read More →

Big Brothers Big Sisters of Central Arizona relocate corporate office

DTZ, a global leader in commercial real estate services, announced the completion of a 10,097 square foot lease on behalf of Big Brothers Big Sisters of Central Arizona (BBBSCA) at Valley Commerce Center, 4745 N 7th Street in Phoenix.   Vice President Justin Himelstein with DTZ’s Occupier Services Office Group represented BBBSCA during the lease… Read More →

Chandler Hotel Group Adds Seven New Properties

 Chandler Hotel Group (CHG), a Scottsdale-based, industry-leading hotel management company, has expanded its reach by adding seven new hotel properties to its portfolio. The new properties are located in South Carolina, Texas and New Mexico and collectively add nearly 1,200 new rooms to CHG’s cache of properties. “We are eager to introduce these new properties to… Read More →

ViaWest Group acquires Tiger Industrial Center

Tiger Industrial Center, via ViaWest Group

ViaWest Group announced the recent acquisition of two multi-tenant, industrial buildings collectively referred to as Tiger Industrial Center. Located at 4901 & 4929 W. Van Buren, the complex is comprised of 103,064 SF. Sold on December 30, 2014, Phoenix-based ViaWest Group paid $4.55MM acquisition. This is the first acquisition in ViaWest’s new fund focused on… Read More →

BOMA Greater Phoenix announces 2015 president

Lincoln Property Company (LPC) announced the appointment of Senior Property Manager Megan Watkins as 2015 President of the Building Owners and Managers Association (BOMA)–Greater Phoenix. With 315 current members, BOMA-Greater Phoenix serves as one of the Valley’s leading organizations providing education and advocacy for the commercial real estate industry. Watkins joined BOMA-Greater Phoenix in 2004.… Read More →

IPT assigns property manager at Normal Junction

1715 S. Holbrook Ln.
December 21, 2014 by in AZRE Magazine | Property Management

Cushman & Wakefield of Arizona, Inc. has been selected by Industrial Property Trust (IPT) to handle leasing and property management for two industrial properties at Normal Junction. The properties, located at 1715 S. Holbrook Lane and 1895 S. Los Feliz Drive, contain a total of 140,314 square feet of industrial space. Approximately 29,471 square feet… Read More →

Op-Ed: Read this before locking out a commercial tenant

123rf.com, tatiana53

Most commercial landlords and property managers are aware that, in Arizona, if a commercial property tenant neglects or refuses to pay rent and is in arrears for more than five days, or if a tenant violates another provision of the lease, under certain conditions and circumstances, Arizona law allows the landlord the option to reenter… Read More →

BOMA Greater Phoenix hosts inaugural industrial summit

Industrial Summit Header

The industrial market is hot, leading the way for both investment and development prospects in 2014 with expected prospects rising to almost the same level as the apartment sector last year. BOMA International is partnering with BOMA/Greater Phoenix to present its first Industrial Summit on Nov. 5 at the Renaissance Hotel Downtown Phoenix, 50 E.… Read More →