brokerage Archives

Signs of life: medical office leasing gains momentum

medical office
by in AZRE Magazine | Brokerage | Newsmakers

Plaza Companies’ Brokerage Services Team secured six significant new leases as part of increasing momentum in the medical office real estate sector. The six leases exceed 39,000 square feet, ranging from 3,000 square feet to 12,131 square feet and boasting a total value of more than $4 million. Sharon Harper, president and CEO of Plaza Companies, says the six transactions were representative of an… Read More →

People & Projects to Know: Brokers

People & Projects to Know
by in AZRE Magazine | Brokerage

Anthony Lydon Managing director JLL  Commercial real estate is a family business for Anthony Lydon, a 30-year veteran in the supply chain industry. Today, Lydon, who goes by Tony, works as the managing director at JLL. He is proud of his accomplishments, but says he is most proud to see his family follow in his footsteps.… Read More →

NAI Horizon announces 11 completed transactions

NAI Horizon
by in AZRE Magazine | Brokerage

NAI Horizon announced eleven of its most recent transactions in the Phoenix area. Here’s a breakdown of the completed deals: Sale Transactions: Isy Sonabend negotiated the sale of a 48,000-square-foot industrial property, representing the buyer, 2600 W. McDowell Rd., LLC, for $2.786 million. The property is located at 2600 W. McDowell Rd., Phoenix, AZ 85009. Bill… Read More →

Marcus & Millichap sells Glendale LA Fitness for $12.5M

Glendale LA Fitness
by in AZRE Magazine | Brokerage

Commercial real estate firm, Marcus & Millichap (NYSE: MMI), arranged the sale of a freestanding 46,000-square-foot LA Fitness in Glendale, Arizona for $12.5 million. The property, which is located at 5536 W. Bell Rd., Glendale Ariz., 853058, sale equates to $272 per square foot. The property is located inside a shopping center within one of Glendale’s busiest… Read More →

New hires bring new level of service to healthcare market


With more than 40 years of combined experience in commercial real estate, brokerage and healthcare, Patti Gentry and Chelsea Maddox aim to take Keyser’s healthcare division to the next level with their senior leadership and selfless service mentality. Jonathan Keyser, founder of the company, calls both hires a “great cultural fit with extraordinary commitment to… Read More →

NAI Horizon completes sales, lease transactions Vitaliy Vodolazskyy
by in AZRE Magazine | Brokerage

Commercial Real Estate firm NAI Horizon, announced $2.4 million worth of recent sales transactions, and 11 leases that were finalized. Sales transactions: Barbara Lloyd and Lane Neville negotiated the sale of a 3.86-acre parcel of land, representing the seller, Lindsay Square Care Center, LLC, for $1.3 million. The property is located at 940 E. Williams… Read More →

Glendale Manor Apartment Homes sold for $10M

Glendale Manor Apartment Homes (Photo courtesy of ABI Multifamily)

ABI Multifamily, a multifamily brokerage and advisory service firm, announced the sale of the Glendale Manor Apartment Homes for $10 million on Monday. The 328-unit complex sits on 11.71-acres of land less than one mile from Downtown Glendale and includes 39 total buildings plus the leasing center. The property, built in phases between 1963 and… Read More →

NAI Horizon appoints senior vice president

NAI Horizon

NAI Horizon announced the promotion of Shelby Tworek to senior vice president on Monday. The company — established in 1992 — operates in Arizona as a full-service commercial real estate company and member of the NAI Global commercial real estate network, which is the single largest global network of owner-operated commercial real estate brokerage firms.… Read More →

JLL promotes 5 to senior level positions

by in AZRE Magazine | Brokerage | Newsmakers

The Phoenix office of JLL has promoted five of its brokers to senior level positions. Brett Abramson, Keith Lammersen, Jason Moore and Charles Steele have been promoted from Vice President to Senior Vice President. Andrew Medley has been promoted from Vice President to Executive Vice President. “Each of these individuals brings a unique skill set… Read More →

Presson Corp buys Jackson Street industrial property

Presson Corp
by in AZRE Magazine | Brokerage | Industrial

Newmark Grubb Knight Frank (NGKF), announced the sale of Jackson Street Industrial by Tiernay Properties Inc., a 307,164 square-foot industrial property located on four city blocks in central Phoenix. Built in the 1920s, the property was originally home to the Arizona Compress and Warehouse Co. building. Located at 1245-1555 E. Jackson St., the warehouse was built… Read More →

Vestar adds 350K SF to Phoenix portfolio

by in AZRE Magazine

Vestar, one of the leading privately held real estate companies in the western United States, has been retained by a family owned company as the property management firm for Superstition Springs Center, a 186,766-square-foot community retail center located in Mesa, Ariz. and Ancala Village, a 173,185-square-foot community retail center located in Scottsdale, Ariz. Vestar now manages more than 26 million square feet. Vestar’s team brings a… Read More →

Rodney Riley joins CBRE as regional sales director

hire employee job
by in AZRE Magazine | Newsmakers

CBRE appointed Rodney Riley as regional sales director, Investor Services for the Southwest Region. Riley will collaborate with local leadership and assist with business development and sales efforts for all Investor Services business, including Agency Brokerage, IP, Asset Services, Project Management, Debt & Structured Finance and Valuation. “Rodney is an excellent addition to the firm. His skill… Read More →

SVN talks about rebranding the company


After 29 years, Sperry Van Ness might have a new look and a new name, but the company’s dedication to openness, transparency and collaboration remains steadfast. SVN | Desert Commercial Advisors Designated Broker Perry Laufenberg, who closed approximately $60 million in transactions in the fourth quarter of 2015, discusses how the company’s rebranding will push… Read More →

Canadian firm acquires GPE companies

Coldwell Banker Commercial Advisors

Canadian-based real estate services firm, Avison Young, acquired Phoenix-based GPE Management Services, and the newly merged firm is opening up offices here in Phoenix. Avison Young’s new Phoenix office is located in downtown Phoenix at 2777 E. Camelback Rd., Suite 230. The new offices will be Avison Young’s first location in Arizona, and 52nd office in the U.S., and is another… Read More →