commercial real estate Archives

Colliers International adds associate vice president

123rf.com:  Jakub Jirsak

The Colliers International Phoenix office announced the appointment of Associate Vice President Nick Ault, who specializes in retail and restaurant real estate services with a focus on tenant representation. Ault will partner with Daniel Ortega, vice president, a highly-regarded retail specialist. The team represents local, regional and national tenants, buyers and sellers in the leasing,… Read More →

40 companies to watch in 2016

40 Companies to Watch
by in AZRE Magazine | In The Spotlight

Experts say Arizona has said goodbye to the recession and the commercial real estate industry can expect slow, steady growth in 2016. But it takes innovative companies with creative leaders to be catalysts to that growth. AZRE magazine casts a spotlight on 40 leading-edge companies — in alphabetical order — who will likely leave their… Read More →

IREM and CCIM host 2016 economic forecast

Arizona Commercial Real Estate Development
by in AZRE Magazine | Brokerage | Industry Insiders

With an overall growth in the commercial real estate industry in 2015, what lies ahead in 2016 for Metro Phoenix? Find out Friday, Jan. 22, at the Tempe Center for the Arts at the 2016 Institute of Real Estate Management and Certified Commercial Investment Member Institute Economic Forecast and get the real scoop from the… Read More →

Knight Management adds Ed Valerio to leadership team

Tiffany & Bosco
by in AZRE Magazine | Newsmakers

Knight Management, a Phoenix-based commercial property management firm,  expanded its executive leadership team  by appointing Edward Valerio as director of property management. Valerio will  handle the operations and client service for the company’s wide range of customers and properties throughout the valley. He brings more than 17 years of professional real estate experience to Knight… Read More →

PICOR announces Tucson sales, leases

123rf.com: feverpitched
by in AZRE Magazine | Brokerage

Tucson-based commercial real estate firm, PICOR announced a string of sales and leases in Tucson on Thursday. DNJ Holdings LLC purchased a 74,300 square foot industrial building for $1,557,750 on 8.25 acres at 4001 E. Irvington Rd. in Tucson from SCB Properties LLC. PICOR represented the seller and Tom Hunt and Bob Davis with Tango… Read More →

IPA sells Tempe multifamily property for $16.6M

Sold Sign
by in AZRE Magazine | Brokerage | Multi-Family

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, announced the sale of Cabana on McClintock, a 181-unit multifamily property in Tempe for $16.6 million. IPA senior director Steve Gebing and Marcus & Millichap vice president investments Cliff David advised the seller, Deco Communities,… Read More →

Shea Professional Plaza sold for $1.2 million

123rf.com: feverpitched
by in AZRE Magazine | Brokerage

Marcus & Millichap (NYSE: MMI), a commercial real estate investment services firm, announced Monday the sale of a 26,531-square foot office property in Phoenix for $1,200,000. The property has one tenant with an occupancy rate of 38 percent, and the owner plans to completely renovate the building. It was built in 1976. The office, Shea… Read More →

What will be impact of interest rate increase on CRE?

Arizona Economic Forecast 2011, Economic Recovery
by in AZRE Magazine | Finance & RE Law

In a move that heralds modestly higher rates on some loans, The Federal Reserve is raising interest rates from record lows set at the depths of the financial crisis. The Fed coupled its first rate hike in nine years with a signal that further increases will likely be made slowly as the economy strengthens further… Read More →

SimonCRE purchases historic Stapley Buildings

Historic Stapley Building located on Grand Avenue in downtown Phoenix, AZ.

Photography by Jill Richards

Commercial real estate developer SimonCRE purchases the +/-36,000 SF completely remodeled and refurbished “1917 OS Stapley Buildings” located in the up and coming Lower-Grand Avenue Business District in Downtown Phoenix. Emerging mattress startup Tuft & Needle will occupy the entirety of the buildings for their new Arizona headquarters, bringing the buildings to 100% occupancy at the… Read More →

Keyser continues to grow with the addition of Mark Hirth

KeyserMike-3.092912
by in AZRE Magazine | Newsmakers

Keyser has announced that Mike Hirth has joined their growing team. “I am thrilled to be able to welcome Mike to our firm”, said founder Jonathan Keyser.  “With his extensive background and diverse industry experience, I am confident that he brings the right leadership and expertise to grow Keyser’s healthcare and medical office practice areas.”… Read More →

How To Master LinkedIn

123rf.com: prykhodov

Crystal Washington, owner of CWM Enterprises, is a social media guru. She has helped large companies such as Google and Microsoft harness the utility of the Internet’s networking tools and find freedom from any hesitation professionals have about promoting themselves on a limitless stage. Here are her top tips for women in commercial real estate.… Read More →

ACBA: Will 2015 be a sticker shock year?

Member-owned, member-directed ACBA members recap Phoenix's robust small- and mid-size 2014 industrial market activity.

The Arizona Commercial Brokers Association (ACBA) has released its 2014 transaction recap, reporting more than 380 completed industrial sale/lease transactions totaling over 3 million square feet in Phoenix in the past 12 months. Made up of veteran brokers from independent to regional firms, ACBA provides on-the-ground insight about the group’s major client demographic: the mid-market industrial user.… Read More →

The legality of drones in commercial real estate

drone

Equipped with a high-tech camera that takes photos and shoots aerial footage, Unmanned Aerial Vehicles(UAV) might seem appealing to local real estate companies, but the legality of their use remains up in the air when it comes to commercial realty. Motorized aircrafts are traditionally used for leisure activities, but UAVs are increasingly taking flight to… Read More →

2014 NAIOP-AZ Roundtable

roundtable

It’s an exciting time for commercial real estate. With technological advances and a new generation entering the workforce, office space is undergoing a significant paradigm shift. NAIOP Arizona’s roundtable members discuss the state’s reputation and role in the market — its strengths, weaknesses and promising statistics ­— as well as what companies need to do… Read More →