Tag Archives: AZRE Magazine

AZRE Digital Issue

AZRE Magazine July/August 2013

AZRE Magazine July/August 2013

Smashing glass ceilings with a sledge hammer

Peter Madrid

AZRE magazine is all about awe-inspiring projects that are made of steel and glass, but sometimes, though, lost is the fact that there are talented professionals behind these incredible projects.

Something else that’s often forgotten is that many of these talented professionals are women.

The July/August issue of AZRE recognizes — and salutes — the many talented women in Arizona’s commercial real estate industry.

Although commercial real estate has been a male-dominated industry for years, the women that have been successful have done so because they are impressive performers. This includes women who are bank vice presidents, renowned real estate attorneys, presidents of construction companies and owners of architectural firms.

  • For the second straight year we’re profiling Arizona Commercial Real Estate Women, or AZCREW, as the group is better known. Included is a Q&A with President Karen Halpert of Cole Real Estate Investments and a look at the benefits of belonging to this fine organization.
  • For the first time, we are producing a section with the International Interior Design Association (IIDA) Southwest chapter, many of which its talented members are women. President Casey Potash of KI & Pallas Textiles gives AZRE readers a glimpse of her group.
  • What’s the Arizona Builders’ Alliance going to do without Carol McMullen, who is retiring after 30 years of mentoring and educating those in the construction industry? Executive Director Mark Minter bids a bittersweet farewell.
  • Voices of other women leaders include those of Molly Ryan Carson, a vice president at Ryan Companies US, Inc., and Kari McCormick, director of client services Native American Division at Kitchell. The Industry Leaders of 2013, chosen from our People to Know publication, also include three women.

How’s that for smashing the glass ceiling with a sledge hammer?

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

PTK 2013

PEOPLE TO KNOW 2013

People To Know 2013

Honoring the Brightest Stars of Arizona’s CRE Industry

Peter MadridThe commercial real estate industry is constantly changing, affecting all levels of employees as well as both large and small companies. Economic circumstances further enhance the industry’s volatility — and the Metro Phoenix and Metro Tucson marketplaces are not immune to those changes.

When we published the first edition of People to Know in 2008, AZRE magazine brought its readers some of the most well-respected and knowledgeable experts in the industry. This year’s edition is no different.

It was quite a feat to track down some people who had moved on, companies that had left the area, and new ones that were coming in, but we have done our best to bring you a useful and informative resource to further support the local industry’s mission of building great communities throughout Arizona. From developers, the new “Up and Comers,” and more, you will find it all within these pages.

This year, nominees were evaluated be a selection committee using the following criteria: length of time in the community; accomplishments in the commercial real estate industry; and work in the community. From the individuals in this publication, AZRE will elect the top person in the industry in their respective category. The winners were honored at a reception May 16 at the former McCormick and Schmicks restaurant at the Esplanade. The industry leaders, announced at the event, will be featured in the July/August 2013 issue of AZRE.

Let us know what you’d like to see, what other information we could include that would be useful, and any other comments you’d like to share with us to make this publication the best it can be.

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

AZRE Digital Issue

AZRE Magazine May/June 2013

AZRE Magazine May/June 2013

Of brighter days, adaptive re-use, and money to build

Peter MadridWhen I took over as editor of AZRE magazine three years ago, the commercial real estate industry was in the throes of the recession. There wasn’t much work out there … companies were cutting back on staff … some were even shuttering their doors. Of course, it made for compelling writing as those in the industry were really “thinking outside the box” just to survive.

With positive signs that the industry is making a comeback, it’s nice to be writing about new projects, companies hiring new employees and brokerage firms filling up vacant space. I’m also excited about a relatively new wave that is hitting the Valley — adaptive re-use. In Central Phoenix alone, there are no fewer than three such projects:

  • The Newton, at 3rd Ave. and Camelback: a revitalization of the old Beef Eaters Restaurant, opening this winter;
  • Old School O7, at 7th St. and Osborn: a mixed-use renovation of the former Osborn School House, also opening this winter;
  • The Yard, at 7th St. and Camelback: the Sam Fox/WDP Partners/RSP urban infill project.

You can read about these projects and others at azbigmedia.com.

With a new surge in commercial real estate projects, it appears that financial institutions are opening their vaults to developers once again. That is one of the articles in this issue. Also seeing the ripple effect are the commercial title companies. That story is in this issue as well.

Also in this issue: AZRE’s annual supplement with Valley Partnership; and a visit with industry groups CCIM Central Arizona and USGBC Arizona.

Let the good times roll … and no, I’m not talking about my AZRE anniversary or my birthday in June.

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

PTK | People to Know in Commercial Real Estate

People to Know in Commercial Real Estate: Honoring the Industry's Best

 

The commercial real estate industry is constantly changing, affecting all levels of employees as well as both large and small companies.

Economic circumstances further enhance the industry’s volatility — and the Metro Phoenix and Metro Tucson marketplaces are not immune to those changes.

When AZRE magazine first published it four years ago, People to Know in commercial real estate featured some of the most well-respected and knowledgeable experts in the industry. This year’s edition is no different.

It was quite a feat to track own some people who had moved on, companies that had left the area, and new ones that were coming in, but we have done our best to bring you a useful and informative resource to further support the local industry’s mission of building great communities throughout Arizona.

This year, nominees were evaluated be a selection committee using the following criteria: length of time in the community; accomplishments in the commercial real estate industry; and work in the community.

From the individuals in this publication, AZRE will elect the top person in the industry in their respective category. The winners will be honored at a reception Thursday 16 at the former McCormick and Schmick restaurant at the Esplanade.

The industry leaders, announced at the event, will be featured in the July/August 2013 issue of AZRE.

 

digitalissue-featured

AZRE Magazine March/April 2013

AZRE Magazine March/April 2013

Outlook is good for a favorable prediction

Peter MadridIf there’s one thing we like to do, it’s make predictions. And to our benefit, we have experts whose job it is to do exactly that.

We watch the local newscasts and count on meteorologists to provide an accurate weather forecast. We look to our financial advisors to predict the right stocks or mutual funds in which to invest.

The March/April issue of AZRE is all about predictions. It includes our annual commercial real estate outlook. It’s the one issue in which I tap into the collective expertise of my industry sources. And in the almost 3 years I’ve been editor, I have put together quite an all-star team.

This year’s offering includes a main outlook story, plus an additional piece on one of 2012’s hottest markets, the multifamily sector.

In order to get a true indication of what lies ahead in 2013, I made sure I included the voices of small- to mid-size architecture firms, general contractors and brokers. Coming out of the recession, these are the companies I know have their fingers on the pulse of the industry.

This issue also includes the 2013 RED Award winners. Again we had some great projects in 2012. And by all indications, 2013 is shaping up to be a good year. That’s one prediction of which I’m pretty sure.

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

ASU's Interdisciplinary Science & Technology Building 4 appears on the cover of the March/April 2013 issue of AZRE magazine.

State Route 101 HOV Lanes, ASU's ISTB 4 Named Among Best Construction Projects of 2012

 

The State Route 101 HOV project and ASU’s Interdisciplinary Science & Technology Building 4 were two of the most significant construction projects of 2012, the Associated General Contractors of America announced.

The projects’ contractors, Omaha-based Kiewit and Tucson-based Sundt, a Joint Venture, and Sundt Construction, Inc., were two of six firms to receive the association’s Alliant Build America Merit Award.

ISTB 4 won the 2013 RED Award for Best Education Project and Sundt was named General Contractor of the Year at AZRE magazine’s 8th Annual RED Awards event last week at the Arizona Biltmore.

“These projects are shining examples of the construction industry at its finest, demonstrating tremendous skill, hard work and steadfast determination,” said Joseph H. Jarboe, the association’s president and senior vice president of Bethesda, Md.-based Clark Construction Group. “The winners are setting the standard by which all construction projects should be judged.”

The Arizona Department of Transportation (ADOT) project involved adding 30 miles of high-occupancy vehicle lanes to State Route 101L, in addition to adding auxiliary lanes, widening five bridges, reconstructing eight freeway ramps, and adding new retaining walls.

The project links three major local freeways and reduces traffic congestion in three cities. Although ADOT originally expected the project to take nearly two years and cost $120M, the project was delivered in 10 months and under the initial budget. Thanks to a “Nobody Gets Hurt” safety program, there was just one OSHA recordable injury in more than 300,000 man hours.

The 8-story, 298,000 SF education and research facility on the Arizona State University campus holds a meeting space, an auditorium and meteorite gallery, and a high-tech laboratory. The exterior is a combination of aluminum cladding panels, extrusions, 16-inch Emperor Brick, architectural concrete, vertical channel glass and a glass storefront and curtain wall.

The Sundt team completed this project a day early, while also adding $3.2M in researcher enhancements to the project during the course of construction.

The Alliant Build America Merit Awards recognize the nation’s most significant construction projects. A panel of judges, representing all areas of construction, evaluated an impressive number of submissions this year, assessing each project’s complexity, use of innovative construction techniques and client satisfaction, among other criteria.

The awards, which were announced during the association’s annual convention in Palm Springs, are considered by many to be the most prestigious recognition of construction accomplishments in the U.S.

 

digitalissue-featured

AZRE Magazine January/February 2013

AZRE Magazine January/February 2013

‘Appy’ New Year: You can now take AZRE with you

Peter MadridThis is when technology is so cool — AZRE magazine has its own app for Android phones and the website is getting a facelift.

AZRE magazine has had a website — azbigmedia.com — for a little more than a year. Reveiws from people in the commercial real estate industry have been very positive. Starting in January we are making it easy to navigate, and directing readers to the top reads of the day. What I’m most excited about is the AZRE magazine app for Android phones that has been available for a few months now. This is all you have to do to get it:

>> Go to the Google Play Store App on your Android phone. (The AZRE app has yet to be approved for Apple products; but we’ve applied.).

>> Go to the search field and enter “azre magazine” in the search bar.

>> Follow the prompt and download the app.

I’m so excited that I forgot to mention the highlights of this issue, which are: a special section celebrating the 35th anniversary of The Weitz Company in Arizona; the International Council of Shopping Centers (ICSC); the Institute of Real Estate Management (IREM); a look at Continuum in Chandler; and 40 companies to watch in commercial real estate in 2013.

Really? Is it 2013 already? Time to start working on the March/April issue. Time does fly when you’re having fun.

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

AZRE- November/December 2012

AZRE Magazine November/December 2012

AZRE Magazine November/December 2012

Face it, new media has us all atwitter

Peter MadridThis is how far technology has come since my journalism career officially began in 1980:

I was sent to cover the “Show Me Bowl,” the state high school football championships in Missouri, at the old Busch Stadium in St. Louis.

I remember lugging this Texas Instrument “portable” computer the size of a small suitcase. It had a teeny-weeny screen, and transmission required a dedicated line and a rotary dial telephone. To send a story to the newsroom, you put the receiver in a set of couplers, and hoped for the best.

During the baseball season, I sat in the press box at Chase Field and watched as a new generation of sportswriters posted news on Facebook pages; tweeted the latest trade rumor; and chatted with fellow sports scribes at stadiums across the country.

AZRE magazine is all about social media now, too. We have a Facebook page, a Twitter account, we send out a weekly “eblast,” and of course — we have azbigmedia.com, a site that lets us break stories affecting the local and national commercial real estate industry.

If I’m at a Valley Partnership breakfast, for instance, and the speaker says something noteworthy, I tweet about it. If I’m at BOMA’s TOBY Awards or AIA Arizona’s Design Awards, I post winners on the Facebook page.

Our goal is to inform — and entertain. Sometimes I post photos from the various events — tastefully done, of course.

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

September/October 2012

AZRE Magazine September/October 2012

AZRE Magazine September/October 2012

More face time for people in the industry

Peter MadridSpectacular structures and beautiful buildings dominate the images that grace the pages of AZRE magazine. However, we can never forget that the real superstars are the people behind all those projects.

That’s why you will see more (familiar) faces in this issue, with a twist on two of our regular features.

  • I am finding that many of you commercial real estate professionals do some pretty cool things when you’re off the clock. With that in mind, we will now feature two people in After Hours. Check out page 28.
  • With business picking up, firms are promoting from within and hiring more people. Those announcements, which filled the Newsmakers page, are now being posted on azbigmedia.com. In its place is a new feature, Executive Q&A. Each issue will offer a glimpse of four top decision makers in the various industry sectors. On page 26.

Starting with this issue and beginning on page 30, AZRE magazine unveils its inaugural Big Deals awards. We recognize the top brokers and brokerage-related firms in 20 categories. Helping make the selections were our staff, votes cast on our website, managing directors from the top brokerage firms and a handful of Arizona’s commercial developers.

Our three supplements also include member profiles and a Q&A with the respective “head honchos.”

You will find a lot of smiling faces in this issue — present company included.

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

July/August 2012 - AZRE Magazine

AZRE Magazine July/August 2012

AZRE Magazine July/August 2012

Looking down on an industry that is finally starting to look up

Peter MadridI flew out of Sky Harbor International Airport recently and my bird’s eye view of construction cranes reaching to the sky around the Valley offered further proof that the industry is making a comeback.

Work is moving along on a new student housing project for ASU students attending school in Downtown Phoenix. Although the Kimpton Palomar Hotel opened in June at CityScape, a remaining crane stands guard, ready to spring back into action. (My guess is that upscale residences could be next).

And as the airplane made a turn to head south, workmen on the ground in Chandler resembled industrious ants at the new Phoenix Premium Outlets next to Wild Horse Pass Hotel & Casino.

These projects are not only crucial to the major general contractors in the state. They are also the lifeblood of the many Arizona subcontractors, some of which are featured in our annual Arizona Builders’ Alliance supplement.

The July/August issue of AZRE also profiles Arizona Commercial Real Estate Women, better known as AZCREW. Formed in 1985, AZCREW “promotes the advancement of professionals in commercial real estate by providing high-level networking opportunities, connections and access to decision-makers within the Phoenix market.” The local chapter also does a wonderful job giving back to the community.

Finally, our annual statewide real estate update focuses on Tucson.

As my return flight began its descent, I challenged the passenger sitting in the window seat across the aisle to a spirited game of “Name That Property Type.” Four points for medical office; 3 for multi-family, 2 for a retail center and 1 for industrial.

I skunked him, 21-0. After all, if the editor of a commercial real estate magazine can’t identify a medical office building or industrial warehouse from the air, who can?

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

Swanky Seniors - Sagewood, AZRE Magazine May/June 2012

Swanky Seniors

Sophisticated assisted living and senior care developments look more like resorts than the traditional ‘old folks home’

As America’s senior population swells to an unprecedented volume — 62 million seniors, almost double the number of seniors at the turn of the century — luxury senior care and assisted living development is on the rise in Arizona.

Thankfully, assisted living no longer means sending Mom where bingo is all she looks forward to. Many developers in the assisted living field are building contemporary, sophisticated senior care facilities to accommodate expensive tastes and active lifestyles. These residencies are opulent and lavish, more like resorts than the gloomy, industrialized “old folks homes” of decades past.

When considering livability factors, such as decreased mobility or heightened sensitivity to cold, Arizona’s flat terrain and temperate climate are a natural draw for seniors. In the past several years, senior housing has been the most active type of development in Scottsdale.

Anticipating the influx of a mammoth demographic, several senior care facilities are in the planning and developmental stages.

Orchard Pointe, a 104-unit assisted living apartment facility in Surprise, broke ground in March. Developed by Heritage Management Services and Telis Commercial Real Estate, Orchard Pointe will open in spring 2013.

Mark Huey, president of Telis Commercial Real Estate, says Orchard Pointe will “bring a Midwestern ethic of care and concern to the Valley, packaged in a high-luxury lifestyle.”

Mountain West Contracting is general contractor and RAR Architects is the architect.

In Tucson, The Freshwater Group is building a new assisted living community called Hacienda at the River.

Hacienda at the River will provide remarkable taste and services, from greenhouses on site to serve organic foods in dining facilities to an all-pets-welcome policy.

Hacienda will also raise horses on site for equine therapy for residents with memory affliction, dementia, and other animal therapy aids.

David Freshwater, president of the Freshwater Group, says the revolution in senior care is palpable.

“Our spas, workout rooms, and cafes look more like Starbucks and LA Fitness rather than the traditional old folks homes,” he says. “They really, truly have changed in design to reflect the different clientele than who we’ve been serving the last 25 years.”

Hacienda at the River is still in the design phase. “It will be assisted living, Alzheimer’s or what we call ‘memory care,’ as well as skilled nursing and rehabilitation,” Freshwater says.

Maravilla Scottsdale, which was scheduled to open in May, will also cater to epicurean tastes. Boasting multiple landscaped courtyards, a cinema, Internet lounge, chip-and-putt golf course, spa, and multiple dining venues, Maravilla Scottsdale is indisputably of the new generation of assisted living.

The 120,000 SF facility offers 178 apartment-style living units and 39 villa-type living units, plus common areas such as the lodge, fitness center, commercial kitchens, and an indoor swimming pool.

The Weitz Company is building Maravilla Scottsdale. It’s also the general contractor for Sagewood, a multi-phase retirement community comprised of 12 casitas, four villas and eight buildings housing independent living, assisted living and skilled nursing units in North Phoenix.

sagewoodSagewood offers diversity in the levels of care provided, often easing the transition from minimal to increased living assistance.

Future phase expansions are planned to complete this site’s development. Once completed, the community in its entirety will carry the promise of progressive living in an environment that emphasizes choice, flexibility and independence for its residents, says Kelly Billings of the Weitz Company.

Scottsdale’s The Colonnade, another resort-style assisted living facility, opened in 2004. Now, The Colonnade will break ground later this year on the second phase of construction, adding villa type housing units to its existing residencies.

The developer behind The Colonnade is Sun Health, an up-and-coming player in the healthcare industry.

“Our standard finishes are high end, including full GE appliance packages, wood line window covering, and ceramic tile flooring,” says Sharon Grambow, Sun Health’s senior living coordinator. “Residents can select premium package upgrades, including quartzite countertops and cherry cabinetry tile with diamond metal decorative inserts.”

Belmont Village Scottsdale, a three-story assisted living apartment building, contains of 136 units — 111 independent living apartments and 25 dementia care units — at the 100,000 SF facility. It sits on a 4.17-acre site with a courtyard pool and walking path.

Houston-based Belmont Village AP has 20 assisted living facilities in seven states, and opened its Scottsdale location in February. This project cost more than $30M, says Belmont CEO Patricia Will. Located southeast of 100th St. and Frank Lloyd Wright Blvd., the community was built by W.E. O’Neil Construction.

Vi at Silverstone also opened in 2010 on 32 acres and offers 270 independent-living units to Northeast Valley seniors. Developed by The Plaza Companies, built by Summit Builders and designed by DAVIS, the $195M project is all about individual preferences.

More importantly, says Sharon Harper of The Plaza Companies, it offers seniors an abundance of choices.

“People have all kinds of choices in terms of size and location, and they really can customize what they would like,” Harper says. “There’s a vibrancy embedded in the neighborhood and the greater community and that creates excitement and the opportunity to continue to be educated. We offer innovation, fitness and overall wellness.”

AZRE Magazine May/June 2012

AZRE Digital Issue

AZRE Magazine May/June 2012

AZRE Magazine May/June 2012

Time flies when you’re having fun

Peter MadridAs I celebrate my second year as Editor of AZRE magazine in June, I ask myself … “Where did the time go?”

It seems as if it was just yesterday that I was trying to learn all I could about vacancy rates, foreign trade zones, REITs, BIM and CMARs … and then write about it.

After almost two years of attending at least 50 commercial real estate-related conferences, financial outlooks, breakfasts, lunches, discussions, you name it … I can honestly say I feel right at home among the many knowledgable professionals in attendance.

I guess you can teach an old dog new tricks.

Speaking of anniversaries, this issue features coverage of a well-respected advocacy organization (Valley Partnership) and a well-known general contractor (Hensel Phelps), which are both celebrating notable milestones.

» Valley Partnership, which proudly calls itself “The Valley of the Sun’s Premier Advocacy Group for Responsible Development,” is celebrating its Silver Anniversary — 25 years. Our coverage includes a roundtable discussion with six past chairmen and a Q&A with the new chairman.

» Hensel Phelps, a Colorado-based GC with major projects in Arizona, is celebrating its 75th anniversary (more than 30 years in our state). HP is wrapping up work on Stage I of the PHX Sky Train at Sky Harbor International Airport. It also has been selected to build a proposed 2,800-foot Solar Tower power station in La Paz County for EnviroMission of Australia.

As for my two-year anniversary celebration … I think I’ll just read up some more on cap rates, GPLETs, permitting regulations…

Editors Letter Signature

Peter Madrid, Editor

Take it with you! On your mobile, go to m.issuu.com to get started.

Real Estate Outlook

AZRE Magazine March/April 2012: Real Estate Outlook

March/April 2012:

2012 Real Estate Outlook

In this issue, AZRE taps key players from a variety of real estate-related disciplines and asks them to check their crystal balls and predict whether commercial real estate will soar, slump or stagnate in 2012. You’ll also find the winners and honorable mentions of the prestigious 7th Annual RED Awards. In addition, AZRE begins its coverage of Valley Partnership’s 25th anniversary with a roundtable discussion of federal issues that affect development in Arizona. Our annual “Construction in Indian Country” profile examines how Native American communities are building and investing in retail projects.

Take it with you! On your mobile, go to m.issuu.com to get started.

red-awards-2012

RED Awards 2012: Best Redevelopment Project, Adelante Healthcare Surprise

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Best Redevelopment Project was Adelante Healthcare Surprise.


Best Redevelopment Project

Adelante Healthcare Surprise

Developer: One World Development Corp.
Contractor: LGE Design Build
Architect: Cawley Architects
Broker: Medical Office Brokers
Size: 29,096 SF
Location: 15351 W. Bell Rd., Surprise
Completed: December 2011

Adelante HealthcareA once-vacant project known as Bell Road Plaza, this collection of three frontage retail buildings and one office building was redeveloped and transformed into Adelante Healthcare. In less than nine months, LGE Design Build and Cawley Architects expanded 12,000 SF to accommodate 30,000 SF of contiguous space. The healthcare facility includes 28 exam rooms, specialty waiting rooms, wood look-alike VCT floors and a central break cafe. To maintain energy efficiency, Adelante includes 14 seer HVAC and a 1-inch foam roof to the current building. The project was 100% vacant and being sold through bankruptcy. Thanks to the project’s innovative team, Adelante Healthcare has the capacity and resources to provide medical assistance to the residents of Surprise.

adelantehealthcare.com


Video by Cory Bergquist


Honorable Mention

The Q Building at Paradise Valley Community College

Developer: Paradise Valley Community College
Contractor: Jokake
Architect: SmithGroupJJR
Size: 69,700 SF
Location: 18401 N. 32nd St. Phoenix
Completed: January, 2011


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - Limelight Networks

RED Awards 2012: Best Tenant Improvement Project, Limelight Networks

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Best Tenant Improvement Project was Limelight Networks.


Best Tenant Improvement Project

Limelight Networks

Developer: Vulcan Real Estate
Contractor: Layton Construction
Architect: DAVIS
Broker: Ross Brown Partners
Size: 57,300 SF
Location: 222 S. Mill Ave., Tempe
Completed: July, 2011

Limelight NetworkLimelight Networks is a high-tech company that combined several locations into one main facility. As the first tenant in Tempe Gateway, the Limelight team expanded its project to provide for a 24/7 Network Operation Center and 150 SF of office space for each employee. DAVIS and Layton Construction incorporated updated technology and improved floor layouts. The project team observed sustainability techniques such as Greenguard and CRI Green Label Plus Certifications. The carpeted area is 37% reused content and the ceilings contain 85% recycled material. Motion sensors and water conservation were also implemented to promote the value of energy efficiency and progress of Limelight’s tenant improvement.

limelight.com


Video by Cory Bergquist


Honorable Mention

GAP Fulfillment Center

Developer: N/A
Contractor: Jokake Construction Services
Architect: K&I Architects
Broker: Cushman & Wakefield
Size: 412,000 SF
Location: 2225 S. 75th Ave., Phoenix
Completed: May, 2011


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - Devine Legacy

RED Awards 2012: Best Multi-Family Project, Devine Legacy on Central

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Best Multi-Family Project was Devine Legacy on Central.


Best Multi-Family Project

Devine Legacy on Central

Developer: Native American Connections
Contractor: Adolfson & Peterson Construction
Architect: Perlman Architects
Size: 100,340 SF
Location: 4570 N. Central Ave., Phoenix
Completed: December, 2011

Devine LegacyDevine Legacy embraces and upholds the Native American culture and encourages the residents of this housing development to do the same. Located on Central Ave., its close proximity to the light rail provides accessible and sustainable transportation. Other nearby amenities include the Native American Community Service Center and the Phoenix Indian Medical Center. Devine Legacy is comprised of 65 studio, one-, two- and three-room units. The multi-family project is pursuing LEED Platinum certification. Devine Legacy uses outdoor air ventilation, water fixtures, and preserved 31% of energy through recycled materials. Devine Legacy was deemed as an Outstanding Housing Initiative by the Arizona Department of Housing for energy preservation and high-density design.

nativeconnections.org


Video by Cory Bergquist


Honorable Mention

Phoenix Towers Terrace

Developer: Phoenix Towers Cooperative
Contractor: 180 degrees, Inc.
Architect: colab studio, llc
Size: 2,400 SF
Location: 2201 N. Central Ave., Phoenix
Completed: January, 2011


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - Ken Elmer

RED Awards 2012: Brokerage Individuals of the Year: Leasing & Sales, Ken Elmer Sales

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Brokerage Individuals of the Year: Leasing & Sales was Ken Elmer Sales.


Brokerage Individuals of the Year: Leasing & Sales

Ken Elmer Sales

Sales Details: 10 Sales Transactions
$9.3M in value

Ken ElmerKen Elmer began his sales career more than 22 years ago. During that time with Phoenix Metropolitan Real Estate, he has closed at least $435M in real estate. In December 1999, he co-founded EBS & Associates until it joined with Commercial Properties Inc. 10 years later. His colleagues recognize Elmer for his extensive work relationships with clients and understanding the buying side of transactions through personal experience. In 2011, Elmer completed more than $9M in sales and his single largest transaction was more than $3M.

linkedin.com/in/kenelmer


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - Banner Health

RED Awards 2012: Developer of the Year, Banner Health

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Developer of the Year was Banner Health.


Developer of the Year

Banner Health

Honorable Mention for Best Healthcare Project: Banner MD Anderson Cancer Center

Banner HealthBanner Health continued its strategic investment in healthcare during 2011 spending hundreds of millions of dollars to ensure the healthcare needs of Arizona residents are met. In September, Banner Health opened phase one of its signature $109M Banner MD Anderson Cancer Center on the Banner Gateway campus in Gilbert. This 130,000 SF facility ushered in a new era of cancer care in Arizona.

In 2011, Banner Health also:

  • Began construction in Maricopa on the 80,000 SF Banner Medical Center, a public/private partnership with the city, creating $130M in economic impact over the next decade.
  • Expanded its pediatric unit at Banner Thunderbird adding 16 beds. The $1.5M expansion is part of a $290M campus expansion project that has added nearly 200 beds.
  • Opened a 100,000 SF, $21M new emergency department at Cardon Children’s Medical Center in Mesa with 103 patient spaces.
  • Began a $71M, 136,000 SF million expansion of Banner Good Samaritan Medical Center’s Surgical Services department.

bannerhealth.com


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - iPic Theater

RED Awards 2012: Best Retail Project, iPic Theater /Tanzy/Salt

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Best Retail Project was iPic Theater /Tanzy/Salt.


Best Retail Project

iPic Theater /Tanzy/Salt

Developer: iPic Theaters
Contractor: A.R. Mays Construction
Architect: TK Architects
Size: 50,000 SF
Location: 15257 N. Scottsdale Rd, Scottsdale
Completed: January, 2011

iPic TheaterThe iPic Theater $6M retail project, an innovative movie and dining experience, took less than five months to complete at Scottsdale Quarter. The construction team overcame several challenges to produce a unique retail experience: limited scheduling, and weight restrictions involving acoustic concrete slabs. Working with an out-of-state architect and owner on this new prototype also presented challenges for the construction team. Changes were made from the beginning until almost opening day. Amenities include LED lighting around the radius  of the shimmer screens, which adds to the theatrical ambiance. At Salt, patrons sit at an oval-shaped bar set before a 28-foot-tall backlit wine bottle display.

ipictheaters.com


Video by Cory Bergquist


Honorable Mention

American Sports Complex- Retail Center

Developer: City of Avondale
Contractor: Sundt Construction, Inc.
Architect: SmithGroupJJR
Size: 20,000 SF
Location: 755 N. 114th Ave., Avondale
Completed: September, 2011


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - DPR Construction

RED Awards 2012: Most Sustainable Project, DPR Construction Phoenix Headquarters

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Most Sustainable Project was DPR Construction Phoenix Headquarters.


Most Sustainable Project

DPR Construction Phoenix Headquarters

Developer: DPR Construction
Contractor: DPR Construction
Architect: SmithGroupJJR
Size: 16,533 SF
Location: 222 North 44th St., Phoenix
Completed: October, 2011

DPR ConstructionSustainable is an understatement when it comes to DPR Construction’s Phoenix Headquarters. The Net-Zero building produces as much energy as or more than it consumes. This is done via the largest solar chimney that rests atop the facility’s roof. It  releases pre-cooled air and lowers air density. Enormous ceiling fans produce maximum air without the necessary speed to reduce energy usage. Arizona’s constant sunlight led to DPR’s inclusion of solatubes. Led by SmithGroupJJR’s research, these solatubes are implemented to provide natural lighting throughout the building, which was a retail building constructed in 1972. An additional sustainable highlight is the vampire shut-off switch that disconnects 90% phantom loads after each workday. The project utilized more than 32% recycled resources and exported 78% of recycled materials. DPR made use of several sustainability techniques to participate in the Energize Phoenix efforts while also serving the community through its convenient location to Sky Harbor International Airport and the METRO light rail.

dpr.com


Video by Cory Bergquist


Honorable Mention

Phoenix Children’s Hospital

Developer: Phoenix Children’s Hospital
Contractor: Kitchell
Architect: HKS
Size: 760,000 SF
Location: 1919 E. Thomas Rd., Phoenix
Completed: October, 2011


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - Jay Hoselton

RED Awards 2012: Brokerage Individuals of the Year: Leasing & Sales, Jay Hoselton

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Brokerage Individuals of the Year, Leasing & Sales was Jay Hoselton.


Brokerage Individuals of the Year, Leasing & Sales

Jay Hoselton
Cushman & Wakefield

Leasing Details: 16 Lease Transactions
$60.3M in value
Largest single transaction closed in 2011: 205,300 SF, $43M, 10 years, Phoenix School of Law

Jay HoseltonAs Senior Director for Cushman & Wakefield of Arizona, Jay Hoselton has served more than 36 years in the commercial real estate business. He represents local and national firms, participates in the local NAIOP chapter and also mentors the young talent in the industry. He is an active member of the Florence Crittenden Society as well as a fundraiser for Hospice of the Valley. He also participates in the Greater Phoenix Urban League.

cushwake.com


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2011

RED Awards 2012 - OASIS Hospital

RED Awards 2012: Special Merit Award, OASIS Hospital

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Special Merit Award was OASIS Hospital.


Special Merit Award

OASIS Hospital

Developer: Clarius Partners, LLC
Contractor: JE Dunn Construction Company
Architect: Ascension Group
Size: 94,000 SF
Location: 750 N. 40th St., Phoenix
Completed: April, 2011

Oasis HospitalOASIS Hospital specializes in orthopedics and spinal care while offering patients and employees state-of-the-art technologies and comfortable recovery rooms. The introduction of Skylight is a secure, interactive Web-based computer system that is specialized for each patient’s procedure and recovery process. Other amenities include Image Stream that produces advanced healthcare technologies and operating rooms designated for orthopedic and spine procedures. ‘Laminar Flow’ is a feature that generates a low-velocity air blanket to ensure a sterile operating room. Each of the 64 patient rooms is equipped with movie entertainment and 24-hour care from the hospital staff.

oasishospital.com


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2012

red-awards-2012

RED Awards 2012: Brokerage Teams of the Year: Leasing & Sales, Cushman & Wakefield Leasing

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Brokerage Teams of the Year: Leasing & Sales was Cushman & Wakefield Leasing.


Brokerage Teams of the Year: Leasing & Sales

Cushman & Wakefield Leasing

The Team: Mark Detmer, Bo Mills
Lease Details: 64 transactions totaling 5.115 MSF
$112.7M in value
Largest transactions closed in 2011: 1.267 MSF, $49.9M, 10 years, confidential Internet retailer

Cushman & Wakefield LeasingMark Detmer and Bo Mills of Cushman & Wakefield Leasing completed the largest industrial lease in Arizona during 2011 at more than 1.2 MSF. Their lease is considered one of the largest industrial deals in the country in the past four years. Additionally, this team also closed the four largest leases in the Phoenix area since 2009. Aside from respected real estate brokers, Detmer and Mills are involved in several community organizations. Mills is the incoming president for SIOR Arizona and has been on the NAIOP Board of Directors since 2006. Detmer is a board member of CSCMP and a leading member of the C&W National Industrial Investments Board. Both support Phoenix Children’s Hospital, Boys & Girls Club and Tumaini, a Kenyan orphanage.

cushwake.com


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2012

RED Awards 2012 - Grand Canyon University

RED Awards 2012: Best Education Project, Grand Canyon University Arena

On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Best Education Project was Grand Canyon University Arena.


Best Education Project

Grand Canyon University Arena

Developer: Grand Canyon University
Contractor: Perini Building Company
Architect: Architekton and 360 Architecture
Size: 135,000 SF
Location: 3300 W. Camelback Rd., Phoenix
Completed: September, 2011

Grand Canyon UniversityThe Grand Canyon University Arena is the focal point of the school’s $200M expansion project. The 5,000-seat facility was completed in a little more than a year without disrupting students’ class schedules, events or parking availability. Amenities include five high-definition video boards, an outdoor balcony, five concession stands and a carpeted expansive concourse. Glass panels on the north and south sides of the arena provide onlookers a view of the various events taking place inside. The arena adheres to sustainability through its use of high-efficiency lighting, chillers and a Variprime system that operates with changeable water pumps depending on the amount needed. In addition, the design stays true to the campus architecture as the brick base of the arena ties it to the brick buildings of the historic 60-year-old campus.

gcu.edu


Video by Cory Bergquist


Honorable Mention

NAU Health and Learning Center

Developer: Northern Arizona University
Contractor: Mortenson Construction
Architect: OWP/P Cannon Design
Size: 277,000 SF
Location: 105 E. Franklin Ave., Flagstaff
Completed: July, 2011


Video by Cory Bergquist


RED Awards 2012 Winners & Finalists

AZRE Magazine March/April 2012