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AZRE Digital Issue

AZRE Magazine September/October 2013

AZRE Magazine September/October 2013

‘When one door closes, another opens …’

AmandaVentura_web

There are many famous quotes and accomplishments that can be attributed to Alexander Graham Bell. One of his more famous lines reads: “When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us.” In the commercial real estate industry, there were a lot of doors that were closed during the Great Recession. But thanks to the dogged determination, resiliency and leadership of Arizona’s commercial real estate companies — both big and small — the doors are once again opening and the industry is poised to capitalize on those opportunities. In this issue of AZRE, we look into:

  • Office and industrial: A panel of five experts size up two sectors that are gaining momentum once again. Also, a new and improved “Big Deals.”
  • Multi-family: This sector continues to sizzle. Check out our annual special section with the Arizona Multihousing Association.
  • Urban Land Institute: Arizona’s statewide convener for dialogue among industry leaders — true visionaries.
  • Coreslab Structures: Celebrating 25 years of excellence in Arizona.
  • Law: Social media becoming a new and necessary tool.

Finally, I’m sad to say that this is the last issue of AZRE to which former editor Peter Madrid will contribute. Peter helped build AZRE into the definitive publication for Arizona’s commercial real estate industry. So while we appreciate Peter’s contributions, we are happy that Amanda Ventura (pictured above) is taking the baton and bringing her award-winning journalism skills to AZRE. Amanda’s expertise, energy and commitment to excellence will make AZRE an even more authoritative voice for the industry.

When one door closes, another opens.

amanda-signature

Amanda Ventura, Editor

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

KEYSER-Final1

Chris Camacho Joins Keyser

Keyser — a commercial real estate advisory firm providing global real estate services to tenants and users of office, industrial, healthcare and educational space — announced today that Chris Camacho will be joining Keyser in a strategic leadership capacity to help grow and scale the organization.

“I am extremely pleased to be able to officially welcome Chris to the team,” stated founder Jonathan Keyser. “Chris is one of the most talented, knowledgeable, and service oriented individuals that I know, and his experience over the last 10 years working with CEOs, municipal leaders, and site selectors provide him with a skillset and perspective that is hard to find in our industry. In addition, his deep expertise in designing complex real estate and incentive solutions for both domestic and international corporations will be a huge value-add to Keyser’s clients going forward.”

Chris has more than 10 years of executive management experience in economic development, site selection, and cost optimization, tax analysis and state and local incentive strategies. He has served as an advisor in the real estate due diligence process for many Fortune 500 companies as well as emerging start-ups across the country. Prior to joining Keyser, Chris served as the Executive Vice President for Greater Phoenix Economic Council (GPEC) and oversaw the domestic and international business development strategies. He brings extensive experience in auditing and advising a wide diversity of industries including renewable energy, hardware and software, aerospace, industrial manufacturing, logistics and corporate back office. Chris has directly assisted more than 130 companies in their expansions or relocations to Greater Phoenix. Prior to GPEC, Chris served as the President/CEO of GYEDC, which focused on attracting new investment to a bi-national region in southwestern Arizona and Northern Mexico.

ConcertforaCauseLogoCropped

Cushman & Wakefield Future Leaders ‘Concert for a Cause’ to benefit Ryan House

Logo_2013Cushman & Wakefield Future Leaders “Concert for a Cause” benefiting Ryan House is scheduled for 6 p.m. on Oct. 24 at The Western, 6830 E. 5th Ave., Scottsdale.

The four-hour event will feature performances by Javier Garcia and Desert Dixie. During the show concertgoers will be able to enjoy the entertainment and also contribute much-needed funding that will help provide care, comfort and community to Arizona children and families at Ryan House. There will also be a raffle with items ranging from restaurant gift cards to hotel stays. Last year’s inaugural event raised almost $30,000.

All the proceeds from the concertwill benefit the mission of the Ryan House, which is to provide respite and palliative care to children with life-threatening conditions and, as-needed, end-of-life care. From diagnosis through end-of-life and beyond, Ryan House provides Arizona families a comprehensive program of family-centered care including medical, emotional, social and spiritual support services and therapies to enhance quality of life.

Ryan House is a 501(c)(3) organization and all donations are tax deductible. Ryan House is supported 100 percent by charitable contributions.

For more information or to inquire about sponsorship opportunities, contact Bonnie Machen at bonnie.machen@cushwake.com or Matt Coxhead at matt.coxhead@cushwake.com.

The Crowne Plaza San Marcos Resort

Colliers International Leasing Historic Speakeasy Space at Crowne Plaza San Marcos

The Crowne Plaza San Marcos Resort is bringing forward a portion of its historic property for commercial lease for the first time in more than 15 years.

The San Marcos Resort opened in 1913 to much fanfare and served as a playground for the rich and famous. With Arizona’s first grass golf course, it played host to the likes of Frank Lloyd Wright, Eerol Flynn and other luminaries. In the 1970s, the San Marcos transformed into a hip destination that attracted Hollywood elite.

“This is a rare opportunity for businesses looking to enter this market,” said Teri Killgore, downtown redevelopment manager at City of Chandler. “It doesn’t get much more unique than an historic speakeasy, or 7,000 square feet on the first floor, so I can’t wait to see what comes to fruition.”

The resort is currently undergoing a multi-million dollar renovation to its hotel and meeting space to create a modern property with nods to its historic roots. The work is expected to be completed this fall in time for the resort’s 100th anniversary.

The owner is open to subdivision of the space and is leasing 7,068 square feet of first floor space, as well as the 2,800 square foot historic speakeasy space located in the basement. The location is near the popular San Tan Brewery and surrounded by free parking and steady walk-by traffic.

162271838

Construction employment stalls in August

Construction employment stagnated in August, while the industry unemployment rate fell and a majority of companies reported difficulty finding workers, according to an analysis of new government data and an industry survey by the Associated General Contractors of America. Association officials called for education and immigration reform measures needed to ensure an adequate supply of skilled workers.

“After a strong rebound in 2012, construction hiring and spending have been stuck in neutral through most of 2013,” said Ken Simonson, the association’s chief economist. “Yet the unemployment rate for former construction workers hit the lowest August level in five years, suggesting that experienced workers are leaving the industry rather than returning to it. As a result, firms are already having trouble finding workers.”

Construction employment totaled 5,798,000 in August, matching the July total, which was revised up by 5,000 from the initial estimate released four weeks ago. The August total is 3.0 percent higher than in August 2012 but has been nearly flat since March 2013. Similarly, a Census Bureau report on construction spending released on September 3 showed spending had changed little between May and July, the latest month available. Meanwhile, the unemployment rate for workers actively looking for jobs and last employed in construction declined from 11.3 percent in August 2012 to 9.1 percent last month—the lowest August rate since 2008.

“Over the past three years, the number of unemployed, experienced construction workers has dropped by half,” Simonson noted. “Unfortunately, the construction industry has been able to hire only about a third of those workers, while the rest have left construction for other industries, schooling, retirement or have dropped out of the labor force. The recent leveling-off of construction hiring means the industry risks losing more of its experienced workers, setting up a potentially grave shortfall when demand for construction resumes.”

Nearly three-fourths (74 percent) of the construction firms that responded to a survey that the association released on September 4 reported they are having difficulty filling some craft-worker positions. More than half (53 percent) of the respondents also said they are having difficulty filling professional positions.

Association officials said that the fact that hiring problems appear so widespread when overall construction employment is flat was particularly worrisome in light of the high demand for workers expected in the near future. They urged elected officials in Washington to support construction education and training programs and to treat construction equitably in guest worker provisions of immigration reform legislation.

“Construction employment has leveled off for now, but retirements and selected areas of demand mean there is still a need to address worker shortages before they become acute,” said Stephen E. Sandherr, the association’s chief executive officer. “We need to make sure there is an adequate supply of skilled construction labor to meet future demand.”

rossmore

Cooper, Cardinal and Company sell apartment complex

Cooper, Cardinal and Company LLC, a boutique multi-family investment brokerage firm with headquarters in Phoenix, Arizona, recently closed the transaction for Rossmore Apartments, an 26-unit multi-family community located in Glendale, Arizona near Westgate City Center and Historic Glendale District. The sale price of $635,000 represents a capitalization rate of 7.10% on Proforma income. It equates to $24,423 per unit or $42.50 per square foot.

Gary R. Cooper, a Managing Director and Jack A. Cardinal, a Managing Director of the firm, represented the Seller in the transaction. “Rossmore Apartments is a great example of the premise that commercial real estate is not a zero sum game. The Seller purchased the property in distress and did well by taking risks when others would not. The Buyers own in the area and have a great vision for the property and thus will be able to take the property to new heights creating a true win-win transaction’,” stated Cooper.

The 14,940-square foot apartment community, built in 1963 is situated on a 1.61-acre lot and was 85% occupied at the time of sale. Jack A. Cardinal added, “With recent capital improvements such as a new roof and ceramic tile flooring, the bones of this 1963 asset are rock solid. We were very pleased with the outcome of this transaction and in helping execute the exit strategy as the Exclusive Listing Agents for our opportunistic, Canadian based Seller. This was an important assignment for a repeat client in helping the client reach his market goals and reinvest the proceeds on the East Side.”

SanTan Village Furniture Center photo - August deals

De Rito Partners Announces Recent Transactions

New bike shop opening in Tempe

The Pedal Bike Shop signed a lease for 3,763 square feet at 405 W. University Drive, near the Arizona State University campus. The shopping center is located at the southeast corner of University Drive and Wilson Street in Tempe. De Rito Partners’ brokers John Palmieri and Chris Corso represented the landlord in the deal.

Dental Care of Mesa to open at the Village at Superstition Springs

De Rito Partners’ brokers Gordon Heckaman and Steve Berman represented the landlord in signing a lease for 2,615 square feet at the Village at Superstition Springs. Dental Care of Mesa will be joining the center located just west of the northwest corner of Power Road and Baseline Road.

Verizon Premium Dealer set to open in Gilbert

MyBullfrog.com, a Verizon Wireless Premium Dealer, signed a lease for 2,000 square feet at the northwest corner of Gilbert Road and Warner Road in Gilbert. Gordon Heckaman and Morey Fischel of De Rito Partners represented the landlord in signing the lease.

Van’s Golf Shop coming to SanTan Village Furniture Center

Van’s Golf Shop signed a lease for 7,500 square feet at the northwest corner of SanTan Village Parkway and Market Street, in the SanTan Village Furniture Center. De Rito Partners’ broker Matt Morrell represented the landlord in completing the deal.

L’Mage Salon Suites adding location in Gilbert

One of Metro Phoenix’s top salons, L’Mage Salon Suites, signed a lease for 3,598 square feet at Gilbert Town Square. The center is located just south of the southwest corner of Gilbert Road and Warner Road. Stan Sanchez represented the tenant; and Bill Bones and Carl Jones, Jr. represented the landlord in completing the deal.

TitleMax opening a store in Sierra Vista

De Rito Partners’ broker Bill Bones represented TitleMax in signing a lease for a new 5,592-square-foot store in Sierra Vista, Arizona. The new store is located at 822 W. Frye Boulevard, near the corner of Frye Boulevard and Buffalo Soldier Trail.

Cabinets Beyond expanding at Cave Creek Plaza

Cabinets Beyond is relocating within the Cave Creek Plaza to a 2,793-square-foot space, an increase of 1,353 square feet from their previous location. Chris Corso and Lizette Fonseca of De Rito Partners represented the landlord in signing the lease at the center located at the southwest corner of Cave Creek Road and Bell Road.

Scottsdale adding a new bicycle shop

Javelina Cycles Owner Rick Marquis signed a lease to open Giant Scottsdale/Liv Giant Bicycle Shop at 68th Street and Thomas Road in Scottsdale. Morey Fischel of De Rito Partners represented the tenant in signing the lease for a 5,000-square-foot space.

Pet groomer to open first location in Chandler

Paws Attractions, a pet sitting and grooming service, is opening their first location at Monterey Vista Village in Chandler. The tenant leased a 1,265-square-foot space at the center located at the northwest corner of Pecos Road and McQueen Road. Steve Bonnell of De Rito Partners represented the tenant in the deal.

NexTech Repair coming to Scottsdale

NexTech Repair, a repair service of smartphones and personal communications electronics, is set to open a new location in Scottsdale at Loop 101 Freeway and Via de Ventura. Gordon Heckaman of De Rito Partners represented the tenant in signing the lease for a 1,000-square-foot space.

New furniture store being added to Verde Valley Plaza in Cottonwood

Classic Home Furnishings is opening a new furniture store in the Verde Valley Plaza. The tenant signed a lease for a 3,800-square-foot space at the center located at the southwest corner of Highway 89A and Highway 260 in Cottonwood, Arizona. De Rito Partners’ broker Dale Harsh represented the landlord in completing the deal.

Styles for Less adding new location in Scottsdale

Styles for Less will be opening a new location at Scottsdale Fiesta Shopping Center located at the southeast corner of the Loop 101 Freeway and Shea Boulevard. Paul Serafin of De Rito Partners represented the tenant in signing the lease for a 4,000-square-foot space.

Public charter school to open in Downtown Phoenix

Arizona School for Integrated Academics and Technologies, part of a nationwide network of public charter schools, will be adding a new school at the southwest corner of 12th Street and Washington Street in Downtown Phoenix. Carl Jones Jr. of De Rito Partners represented the landlord in signing the lease for a 10,194-square-foot space.

lease

Metro North Corporate Park Signs 2 New Leases

Metro North Corporate Park recently signed the following two new Leases at their 13450 N. Black Canyon Highway facility in Phoenix, Arizona.

  • The State of Arizona signed a 30,000 s.f. five-year Lease and will be utilizing the space for its Department of Economic Security – Child Protective Services Division.  The space will be used primarily for administrative activities.
  • Peckham, Inc. (Lansing, Michigan) signed a 40,000 s.f. five-year Lease.  Peckham, Inc., a nonprofit vocational rehabilitation organization, provides job training opportunities for persons with significant disabilities and other barriers to employment.  Initially, Peckham plans to employ approximately 100 people and eventually they should have approximately 250 employees within the facility.

The Leases were negotiated by Cashen Realty Advisors, Inc.

Construction Employment - Welder

74% of construction firms have trouble finding qualified workers

Nearly three-fourths of construction firms across the country report they are having trouble finding qualified craft workers to fill key spots amid concerns that labor shortages will only get worse, according to the results of an industry-wide survey released today by the Associated General Contractors of America. Association officials called for immigration and education reform measures to help avoid worker shortages.

“Many construction firms are already having a hard time finding qualified workers and expect construction labor shortages will only get worse,” said Stephen E. Sandherr, chief executive officer of the Associated General Contractors of America. “We need to take short- and long-term steps to make sure there are enough workers to meet future demand and avoid the costly construction delays that would come with labor shortages.”

Of the 74 percent of responding firms that are having a hard time finding qualified craft workers, the most frequently reported difficulties are in filling such onsite construction jobs as carpenters, equipment operators and laborers, Sandherr said. Fifty-three percent are having a hard time filling professional positions – especially project supervisors, estimators and engineers.

The association official added that most firms expect labor shortages will continue and get worse for the next year. Eighty-six percent of respondents said they expect it will remain difficult or get harder to find qualified craft workers while 72 percent say the market for professional positions will remain hard or get worse. Seventy-four percent of respondents report there are not enough qualified craft workers available to meet future demand while 49 percent said there weren’t enough construction professionals available, he added.

Sandherr said that many firms report they are taking steps to prepare future construction workers. He noted that 48 percent of responding firms are mentoring future craft workers, 38 percent are participating in career fairs and 33 percent are supporting high school-level construction skills academies. In addition, 47 percent of responding firms are offering internships for construction professionals.

Sandherr cautioned that more needs to be done to address labor shortages. He said Congress needs to jettison arbitrary caps on construction workers that were included in immigration reform the Senate passed earlier this year. “Lifting those restrictions will go a long way to ensuring construction jobs left vacant by domestic labor shortages go to workers who are in the country legally.”

He urged elected and appointed officials to do more to ensure public school students have an opportunity to participate in programs that teach skills like construction. He added that skills-based programs offer students a more hands-on way to learn vital 21st century skills such as math and science. Such programs also have been proven to reduce dropout rates and give students an opportunity to earn the higher pay and benefits that come with construction jobs.

Bernards & Construction

Construction Spending Rises 0.6 Percent in July

The nation’s builders were busy in July as construction spending increased 0.6 percent to $900.8 billion—the largest upswing in four years—according to the Sept. 3 report by the U.S. Commerce Department.

Nonresidential construction spending also rose 0.6 percent in July, but is down 0.8 percent compared to one year ago.

Private nonresidential construction spending grew 1.3 percent, only to be offset by a 0.2 percent decline in public nonresidential construction spending. On a year-over-year basis, private nonresidential construction is up 2 percent while public nonresidential construction spending has dipped 3.7 percent.

Eleven of 16 construction sectors posted monthly gains in spending. The largest gains were in lodging, up 5.8 percent; conservation and development, up 3.6 percent; manufacturing, up 3.3 percent; and transportation, up 2.4 percent. Six subsectors experienced higher spending on a year-over-year basis, including lodging, up 29.9 percent; commercial, up 1.6 percent; power, up 6.1 percent; sewage and waste disposal, up 3.8 percent; water supply, up 9.5 percent; and manufacturing, up 0.2 percent.

In contrast, spending in five nonresidential construction sectors declined in July, including educational, down 0.7 percent; religious, down 3.1 percent; public safety, down 8.1 percent; amusement and recreation, down 2.7 percent; and highway and street, down 1.1 percent. On a year-over-year basis, construction spending has softened in 10 subsectors. The largest losses occurred in religious, down 18.1 percent; public safety, down 14.1 percent; amusement and recreation, down 12.6 percent; and communication, down 12.5 percent.

Residential construction spending increased 0.5 percent for the month and is 16.8 percent higher than the same time last year.

Wist Office Products - Best of the Best 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Business Services

Business Services Honoree: Office: Supply Companies

Wist Office Products


Wist Office Products - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling


Wist Office Products has been providing superior service and the highest-quality products to Arizona businesses since 1955. The office supply industry has changed significantly since that time, and through the changes, Wist has emphasized keeping the focus on the customer. It strives to be a solution provider for its customers. As the largest independent office supplier in the Southwest, Wist has been a leader in developing the technology needed to efficiently manage inventory, as well as process and track orders. It has also incorporated various green product lines featuring both supplies and furniture. Many companies are looking for environmentally safe products, which is why Wist incorporated them.

The Wist name has been synonymous with the office product industry in Arizona, when founder Martin Wist started the business in 1922. The present company has been active since 1955. As a locally owned business, Wist is positioned to meet customers’ needs, as well as directly support the local economy.

107 W. Julie Drive, Tempe
480-921-2900
www.wist.com

Year Est: 1955 AZ Staff: 57
Principal(s): Ileene Wist,
Robert Wist, Ian Wist


Business Services Finalist: Employment: Temporary Large

Corporate Job Bank Personnel Services

In a time when technology has replaced the personal touch, Corporate Job Bank Personnel Services continues to grow and is dedicated to finding a job for every person who walks through its doors. They understand the value in creating a lasting relationship, not only with their clients, but with all candidates as they change and grow in their careers. Corporate Job Bank Personnel’s core competencies are in mortgage and banking, accounting and finance, call centers, office and clerical staff, municipalities, IT, distribution and warehousing.

1955 E. Broadway Road, Tempe
480-966-0709
www.corporatejobbank.com


Business Services Finalist: Employment: Leasing/PEOs

Diversified Human Resources Inc.

The perennial market leader in Arizona and one of the premier PEOs in the U.S., Diversified Human Resources (DHR) helps simplify client businesses by handling much of the administrative functions and paperwork associated with having employees. Services include human resources administration, payroll processing and management, employee benefits planning and administration, and workers’ compensation services for many industries within the business community. The key to DHR’s success is an intense focus on service and the ability to tailor programs specifically for each client.

3020 E. Camelback Road, #213, Phoenix
480-941-5588
www.dhr.net


Best of the Best Awards 2009 presented by Ranking Arizona

Pulte Homes - Best of the Best 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Real Estate Residential

Real Estate Residential Honoree: Homebuilders: 12 developments or more

Pulte Homes and the Communities of Del Webb

Pulte Homes and the Communities of Del Webb - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling

Building on a reputation of quality home construction and commitment to superior customer satisfaction, Pulte Homes and the Communities of Del Webb provides customers a home buying, building and living experience second to none. With more than 90 years of combined experience, Pulte Homes is positioned for success in Arizona with neighborhoods such as Anthem Parkside and Anthem at Merrill Ranch, Bella Via, Stetson Valley, Festival Foothills, Cabrillo Point, Red Rock and Vista at Fireside at Norterra. The company’s Del Webb communities, such as Sun City Anthem at Merrill Ranch, Sun City Festival, Fireside at Norterra and Fireside at Desert Ridge, Solera at Johnson Ranch and Sonora, are known for their unparalleled amenities and programs for residents.

Pulte’s Arizona presence includes two Phoenix divisions and one in Tucson, as well as the Pulte Building Systems Division in Tolleson.

16767 N. Perimeter Drive, Scottsdale
480-391-6000
www.pulte.com

Year Est: 1956
Developments: 89
Principal(s): John Chadwick
Price Range: $100Ks – $800K+


Real Estate Residential Finalist: Architects: Residential

Carson Poetzl Inc.

Carson Poetzl Inc. is a fullservice architectural firm with a rich history and focus dedicated to high-end custom residential architecture. It approaches the highest level of design and service by closely working with builders, interior designers, landscape architects and engineers. It offers a wide range of talents that are represented in designing styles ranging form cutting-edge contemporary to historically accurate. It tailors each project around the clients’ needs and desires, while working to create a blended harmony between the architecture and its surroundings.

7522 E. McDonald Dr., #G, Scottsdale
480-905-1712
www.carsonpoetzl.com


Real Estate Residential Finalist: Nurseries: Plants/Trees

Moon Valley Nursery Inc.

An Arizona native, Les Blake started Moon Valley Nurseries in 1995. Realizing a demand for affordable planting services, Blake implemented the “You Buy It and We Plant It” strategy for marketing trees and plants. The strategy was an instant success. As the volume of sales increased, so did the demand for quality trees. Blake expanded the growing operations to maintain the supply needed to keep up with increasing sales. This promoted a higher level of quality control and increased cost effectiveness. Moon Valley Nurseries has nine Arizona locations, serving all cities in the Valley.

18047 N. Tatum Blvd., Phoenix
602-493-0403
www.moonvalleynurseries.com


Best of the Best Awards 2009 presented by Ranking Arizona

AJ’s Fine Foods Best of the Best 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Entertainment

Entertainment Honoree: Wine Specialty Shops

AJ’s Fine Foods

AJ's Fine Foods - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling

AJ’s Fine Foods provides an unparalleled shopping experience that delights the senses. As Arizona’s leading gourmet and specialty store, AJ’s offers the highest level of customer service and attention to detail. AJ’s Cellar Masters are on hand in every location to recommend new varietal experiences and to suggest the perfect wine to pair with a steak or fish dinner. Every year during the Summer Wine Spectacular, Cellar Masters personally taste, evaluate and rank more than 200 wines from around the world to bring only the best to AJ’s.

Owned and operated by Bashas’ Family of Stores, AJ’s operates 14 stores in Arizona. AJ’s has been voted Best Place to Work by its members three years in a row. For more information, visit www.ajsfinefoods.com.

22402 S. Basha Road, Chandler
480-895-9350
www.ajsfinefoods.com

Year Est: 1985 
Wine Tasting: At Desig. Locations
Principal(s): Bashas’ Family of Stores


Entertainment Finalist: Restaurants: Southwest/Eclectic

LON’s at the Hermosa

Built in the 1930s by cowboy artist Lon Megargee, LON’S at the Hermosa has a rich history and melds artful American cuisine and spectacular views to create a truly unique dining experience. LON’s diners can enjoy awardwinning, artful American cuisine on a romantic patio or by one of the glowing fireplaces. In addition to the warm ambience, LON’s is the proud recipient of the AAA Four-Diamond award. The menu at LON’s offers a memorable culinary experience, which captures spirit, creativity and warmth using bold flavors and compelling combinations that reflect a contemporary take on a multitude of foods originating in the Western Hemisphere.

5532 N. Palo Cristi Road, Paradise Valley
602-955-7878
www.lons.com


Entertainment Finalist: Restaurants: International

T. Cook’s at Royal Palms

Under the direction of Executive Chef Lee Hillson, Royal Palms Resort and Spa features the awardwinning T. Cook’s restaurant — serving breakfast, lunch, dinner and Sunday brunch. Located in the original 1929 mansion of the Royal Palms, it creates a residential dining experience that’s comfortable yet elegant. Enveloped by palm trees, citrus, flowers and fountains, T. Cook’s is a true oasis in the desert. Receiving the highest ratings from both national food critics and locals for its select seasonal dishes, the menus feature a wide variety of creative dishes from the Mediterranean and exotic surrounding regions.

5200 E. Camelback Road, Phoenix
602-808-0766
www.royalpalmsresortandspa.com


Best of the Best Awards 2009 presented by Ranking Arizona

KPNX TV, Channel 12 - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Advertising, Marketing & Media

Advertising, Marketing & Media Honoree: Television Stations

KPNX-TV, Channel 12

KPNX TV, Channel 12 - Best of the Best Awards 2009 presented by Ranking ArizonaChannel 12 is Arizona’s leading source for local news on television, online with top-viewed Web site azcentral.com, and on-the-go with text and video available on cell phones. With the combined resources of NBC News, The Arizona Republic and USA Today, 12 News is consistently the first choice for information whenever a major story breaks. Channel 12 is one of the top-performing NBC affiliates in the country, with ratings that frequently exceed the network’s national average.

With a long history as the leader in innovation, Channel 12 was the first to deliver a local newscast in high-definition. The power of the 12 News brand comes from combining the market’s most professional and trusted news team with an approach to reporting that’s clear and to the point. Channel 12 also serves the community with its consumer protection program, “Call 12 for Action,” its education initiative, “School Solutions,” and its awardwinning breast-health awareness campaign, “Buddy Check 12.” Whenever and wherever consumers want quality news and information, 12 News is uniquely positioned to meet their needs.

1101 N. Central Ave., Phoenix
602-257-1212
www.azcentral.com

Year Est: 1953
Weekly Audience: 1.1M
Principal(s): John Misner


Advertising, Marketing & Media Finalist: Radio Stations

News Talk 92.3 KTAR

KTAR is Arizona’s news, talk and sports leader. In its 87th year, KTAR has the unique distinction of being the state’s first broadcast company and now has a wider reach than any radio station, television station or newspaper in Arizona. More than half a million people each week tune into KTAR for breaking news alerts, talk shows, traffic reports, weather bulletins or game broadcasts. Its award-winning news and 14 hours of local talk shows are heard each day on 92.3 FM. Sports talk shows and game broadcasts are on 620 AM. The company’s Web site, KTAR.com, was voted the state’s No. 1 breaking news Web site.

5300 N. Central Ave., Phoenix
602-274-6200
www.ktar.com


Advertising, Marketing & Media Finalist: Commercial Printers

Prisma Graphic Corp.

To compete as a traditional commercial printer in today’s economic climate and evolving market takes vision. For Prisma Graphic, that vision has been to provide unmatched customer service, consider every client a partner and offer economical marketing solutions beyond ink on paper. The staff views every project as an opportunity to further the success of their clients’ image, initiatives and marketing efforts. From their 82,000-square-foot facility in Phoenix, they provide heatset web, sheetfed, variable data printing, full bindery, fulfillment services and complete direct mailing.

2937 E. Broadway Road, Phoenix
602-243-5777
www.prismagraphic.com


Best of the Best Awards 2009 presented by Ranking Arizona

The Go Daddy Group Inc. - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Manufacturing & Technology

Manufacturing & Technology Honoree: Software Companies

The Go Daddy Group Inc.

The Go Daddy Group Inc. - Best of the Best Awards 2009 presented by Ranking ArizonaGoDaddy.com is the quintessential American success story — take a good idea, serve customers with low-priced products, innovate related products, mix in marketing “magic” and relentlessly improve en route to industry dominance. In 2000, Bob Parsons opened GoDaddy.com as a domain registrar. Why? He recognized customers were being under-served and over-charged for Web site address names. GoDaddy.com is now the world’s largest registrar — more than three times the size of its closest competitor. GoDaddy.com serves more than 6 million customers and employs more than 2,000 people, without offshoring. While you may have heard about GoDaddy.com’s Super Bowl advertising magic, it’s the less publicized stories that impress. The company routinely testifies before Congress on issues related to protecting children, keeping the Internet safe and reducing spam.

The company donates to the community and rewards its employees with prizes such as cars and cash.

14455 N. Hayden Road, #219, Scottsdale
480-505-8800
www.GoDaddy.com

Year Est: 1997
AZ Staff: 2,028
Principal(s): Bob Parsons


Manufacturing & Technology Finalist: Internet Service Providers

Cox Communications Inc.

Cox Communications is the third-largest cable provider and a multiservice broadband communications company serving more than 3 million residential and business product subscribers in Arizona. Cox’s 15,000 – mile hybrid fiber coaxial cable network throughout Phoenix and Southern Arizona provides homes and businesses with digital television, high-speed Internet, home networking, high-definition television and telephone service. In the last five years, Cox has topped 11 J.D. Power and Associates’ studies of customer satisfaction in a variety of categories.

1550 W. Deer Valley Road, Phoenix
623-594-1000
www.cox.com


Manufacturing & Technology Finalist: Wireless Communications

Verizon Wireless

“It’s the Network” isn’t just an advertising slogan — it’s Verizon’s foundation. Since 2000, Verizon has invested nearly $700 million in its wireless network in Arizona, and nearly $45 billion nationally to increase coverage, capacity and to add services. The leader in customer loyalty, Verizon Wireless has the nation’s largest 3G network, a reputation for reliability and an ongoing commitment to providing the best possible wireless experience. The company employs more than 2,200 wireless experts in Arizona who stand behind Verizon’s network every day.

77155 W. Detroit St., Chandler
480-763-6300
www.verizonwireless.com


Best of the Best Awards 2009 presented by Ranking Arizona

CB Richard Ellis - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Real Estate Commercial

Real Estate Commercial Honoree: Brokerage Firms: 25 brokers or more

CB Richard Ellis

CB Richard Ellis - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling

CB Richard Ellis has been serving clients in Arizona for more than 55 years, becoming a dominant player in the state’s commercial real estate market. From leasing, acquisitions and sales, marketing and consulting, it has earned a reputation as a respected leader in the business community through its ability to track market trends and build relationships. Whether marketing a portfolio of properties or negotiating a complex lease agreement, CBRE brokerage professionals — more than 100 statewide — offer the most integrated array of commercial real estate services. Their approach is strategic rather than merely transactional.

That is, CBRE’s professionals can assess a client’s entire real estate portfolio requirements on a company-wide scale, delivering results and surpassing expectations.

2415 E. Camelback Road, Phoenix
602-735-5555
www.cbre.com/phoenix

Year Est: 1952 Brokers: 103
Principal(s): Craig Henig
(Arizona/Phoenix), Tim Prouty (Tucson)


Real Estate Commercial Finalist: Architectural Firms: 10 architects or more

SmithGroup

SmithGroup Inc. is one of the largest architecture, engineering, interiors and planning firms in the United States. With 10 offices and a staff of 800, Smith- Group specializes in the health, education, science and technology, office workplace, high tech and urban/campus planning markets. SmithGroup’s Phoenix office is well-known for its innovative design of the Arizona Biomedical Collaborative; the award-winning Apollo Riverpoint Center; and the recently completed Norton School of Family and Consumer Science at the University of Arizona.

455 N. 3rd St., #250, Phoenix
602-265-2200
www.smithgroup.com


Real Estate Commercial Finalist: Contractors: General, 120 staff or more

The Weitz Company

Since entering the Phoenix market in 1978, the Southwest Business Unit of The Weitz Company has built a solid reputation based on excellent service, quality work and long-term relationships. Weitz attributes its success to the company’s core values: honesty and integrity, respect for people, performance with absolute reliability, long-term perspective, and nurturing personal growth. In 2007, Weitz expanded its Arizona market by opening an office in Tucson based on its reputation for quality and service to clients.

5555 E. Van Buren St., #155, Phoenix
602-225-0225
www.weitz.com


Best of the Best Awards 2009 presented by Ranking Arizona

St. Joseph's Hospital and Medical Center - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Healthcare

Healthcare Honoree: Acute Care Hospitals: 325 beds or more

St. Joseph’s Hospital & Medical Center

St. Joseph's Hospital and Medical Center - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling

The largest hospital in Arizona, St. Joseph’s Hospital and Medical Center is known for excellent patient care, medical education and research. The hospital offers a wide range of services to treat the most severely ill and injured in the community. St. Joseph’s is home to the Barrow Neurological Institute, which is annually recognized as one of the top 10 neuroscience centers in the nation; St. Joseph’s Children’s Health Center, the state’s second-largest provider of pediatric specialty services; the Heart & Lung Institute, which focuses on the prevention, treatment and research of cardiac and pulmonary disease; and St. Joseph’s Trauma Center, the only Level 1 trauma center in Arizona that is verified by the American College of Surgeons..

The Sisters of Mercy established St. Joseph’s, the Valley’s first hospital, in 1895 to serve the needs of the community. More than a century later, St. Joseph’s remains dedicated to meeting those needs and to continuing tthe sisters’ mission to help the underserved.

350 W. Thomas Road, Phoenix
602-406-3000
www.stjosephs-phx.com

Year Est: 1895 Beds: 743
Principal(s): Linda Hunt
Physicians: 1,500


Healthcare Finalist: Acute Care Hospitals: 200-324 beds

Chandler Regional Medical Center

Chandler Regional Medical Center has grown by leaps and bounds, establishing itself as a new type of community hospital, one that provides a unique balance of personal care and advanced medicine for fastgrowing communities with various needs. With 225 beds and a medical staff of 768 in all major specialties, its Centers of Excellence include a heart and vascular center, a maternal/child department, emergency services, a cancer center, and several urgent care centers that are located throughout most major East Valley cities.

475 S. Dobson Road, Chandler
480-728-3000
www.chandlerregional.org


Healthcare Finalist: Health & Fitness

Gainey Village Health Club & Spa

In 1999, DMB Sports Clubs added Gainey Village Health Club and Spa to its portfolio of exclusive health clubs. This 77,000-squarefoot, state-of-the-art private club is an exceptional facility that provides endless amenities. Gainey’s success is attributed not only to its unique amenities and customer service, but also to its warm, caring employees who strive to build lasting relationships with their members. With a world-class, 25-room day spa, two outdoor pools and a full-service cafe, members can come to the club to spend a day relaxing with friends or participating in the many fitness programs.

7477 E. Doubletree Ranch Road, Scottsdale
480-609-6979
www.villageclubs.com


Best of the Best Awards 2009 presented by Ranking Arizona

National Bank of Arizona - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Finance & Professional

Finance & Professional Honoree: Banks: $900M or more in AZ assets

National Bank of Arizona

National Bank of Arizona - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling

With 25 years of strength, stability and profitability, National Bank of Arizona is one of the state’s premier financial institutions. Since its inception, National Bank of Arizona has been there for its customers, continually searching for new ways to help Arizonans meet their financial goals. As a community focused and locally managed bank with the resources of a major financial institution, we deliver industry-leading product solutions, award-winning service and innovative technology. Through our team of more than 1,100 employees, National Bank of Arizona reaches 55 diverse communities throughout Arizona. With this staff of experienced local bankers, we are able to respond to the needs of our customers with flexibility and custom solutions.

The effort, commitment and passion put forth by our bankers to deliver the very best customer service adds new honors to a bank that has been achieving firsts and bests since 1984.

6001 N. 24th St., Phoenix
602-235-6000
www.nbarizona.com

Year Est: 1984 Branches: 76
Principal(s): John J. Gisi,
Keith D. Maio
Assets: $4.8B


Finance & Professional Finalist: Accounting Firms: 26 CPAs or more

Deloitte & Touche LLP

Deloitte & Touche LLP’s goal today remains the same as it was since it began serving Arizona businesses more than 45 years ago. Deloitte & Touche is dedicated to helping its clients and people excel. Deloitte’s growing and thriving practice — the largest in the state — is the only company that provides Arizona businesses with a comprehensive range of professional services, including assurance, tax, enterprise risk management, management and information systems consulting, financial advisory services, employee benefits and human capital. Deloitte & Touche strives for the highest levels of integrity and public trust, every day, for every client.

2901 N. Central Ave., #1200, Phoenix
602-234-5100
www.deloitte.com/us


Finance & Professional Finalist: Law Firms: 65 Attorneys or more

Greenberg Traurig LLP

Greenberg Traurig offers an international platform built to meet the legal needs of today’s businesses. With 1,800 attorneys and governmental affairs professionals in 30 offices, our combination of wide-ranging experience and onthe- ground resources enables us to provide local insights and legal services in markets across the U.S. and around the world. Our Phoenix attorneys offer clients decades of local experience, complemented by the global reach of the GT network. GT helps clients take on the legal challenges they face today — and prepare for those they may face tomorrow.

2375 E. Camelback Road, #700, Phoenix
602-445-8000
www.gtlaw.com


Best of the Best Awards 2009 presented by Ranking Arizona

Tourism Honoree Southwest Airlines Best of the Best 2009

Best of the Best Awards 2009: Tourism

Tourism Honoree: Airlines Serving Arizona

Southwest Airlines

Southwest Airlines - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling

It all began on a cocktail napkin more than 38 years ago. Attorney Herb Kelleher and businessman Rollin King sketched Southwest Airlines’ original route structure connecting Dallas, Houston and San Antonio, which officially created the low-fare category in the airline industry. Today, Southwest has become the nation’s largest airline in terms of domestic passengers enplaned, serving 65 airports in 33 states. Southwest provides more than just air travel to the communities it serves. By attracting new customers with low fares and high frequency, Southwest creates jobs for residents and revenue for the airports and cities it serves — a phenomenon dubbed “the Southwest Effect.” Southwest has been a maverick in the industry and a model for excellence in American business.

Guided by visionary leadership, Southwest has managed to remain profitable through some of the country’s most turbulent times.

3800 E. Sky Harbor Blvd., Phoenix
800-I-FLY-SWA
www.southwest.com

Year Est: 1982
AZ Staff: 4,000+
Parent Company HQ: Dallas, Texas
Destinations out of AZ: 64


Tourism Finalist: Meeting/Convention: 43,999 SQ FT or less

The Ritz-Carlton Phoenix

The Ritz-Carlton Phoenix is the premier luxury business hotel in Arizona, acclaimed for its warm hospitality and impeccable, personalized service. More than 20,000 square feet of meeting and event facilities accommodate groups from 10 to 500 guests. The 14 meeting rooms and outdoor Poolside Terrace create an ideal setting for events.

2401 E. Camelback Road, Phoenix
602-468-0700
www.ritzcarlton.com


Tourism Finalist: Resorts/Hotels: 184 rooms or fewer

Royal Palms Resort & Spa

Nestled at the base of Camelback Mountain, Royal Palms Resort and Spa is a Spanish Mediterranean-style estate that offers 119 guestrooms, casitas and suites. The Royal Palms combines the graciousness and sophistication of a Mediterranean villa with the intimacy and privacy of a secluded retreat. With its unique ambience, stone fireplaces, and mountain views, the resort offers the award-winning T. Cook’s restaurant, Mobil Four-Star Alvadora Spa and more than 20,000 square feet of meeting space.

5200 E. Camelback Road, Phoenix
602-840-3610
www.royalpalmsresortandspa.com


Best of the Best Awards 2009 presented by Ranking Arizona

Scottsdale Fashion Square - Best of the Best Awards 2009 presented by Ranking Arizona

Best of the Best Awards 2009: Retail

Retail Honoree Shopping Centers

Scottsdale Fashion Square



Scottsdale Fashion Square - Best of the Best Awards 2009 presented by Ranking Arizona

Photograph by Duane Darling



Scottsdale Fashion Square is the premier luxury center in the Southwest, attracting visitors who seek elegance, quality and sophistication. An unparalleled retail experience, Scottsdale Fashion Square has a unique style and atmosphere that make it Arizona’s epicenter of elite and exclusive brands. Comprised of more than 225 shops and restaurants, the center boasts more than 40 stores exclusive to Arizona, including Neiman Marcus, kate spade, Burberry, Jimmy Choo, Salvatore Ferragamo, MaxMara, Gucci and Michael Kors, to name a few. Recent additions to the center include Bottega Veneta, Grand Lux Cafe, AIX Armani Exchange, Metropark, Puma and CH Carolina Herrera. Just as style never stands still, neither does Scottsdale Fashion Square. A multiphased renovation and expansion, projected to open fall 2009, will introduce Barneys New York to the Arizona market.

A multiphased renovation and expansion, projected to open fall 2009, will introduce Barneys New York to the Arizona market.

7014 E. Camelback Road, Scottsdale
480-945-5495
www.westcor.com

Year Est: 1964
Total SQFT: 1.8M
Principal(s): Westcor


Retail Finalist Car Dealers: $39K or less

Camelback Volkswagen Subaru Mazda

Camelback Volkswagen Subaru and Mazda, for the 10th year in a row, congratulates its customers, employees and award winning lineup of fuel efficient top models for safety- and crashtested Volkswagen, Subaru and Mazda products for 2009. Its great service staff provides extended hours, free service loaner cars and a pleasant environment for valued customers. Browse its interactive Web site at www.camelbackdifference. Its entire inventory is listed for your streamlined-buying process, as well as its weekly specials. You are encouraged to feel at home on the site.

1499 E. Camelback Road, Phoenix
602-265-6600
www.camelbackdifference.com


Retail Finalist Jewelers

Molina Fine Jewelers

It is not a mirage. It is an oasis, one where you can acquire the most magnificent and spectacular gems in the world. Molina Fine Jewelers is the “Jewel of The Desert” with 12 generations of expertise. Entering Molina, you are transported to the Old World traditions of personalized service, where they exceed your every expectation. Molina designs are handmade by master jewelers, where every detail, including the execution of its internal structure, embodies flawless design and wearability. Its one-of-a-kind collections will captivate and inspire you, bringing your emotions and desires to life.

3134 E. Camelback Road, Phoenix
602-955-2055
www.molinafinejewelers.com


Best of the Best Awards 2009 presented by Ranking Arizona