Cresa Archives

4 steps to navigate FASB lease accounting changes

The U.S. and international accounting boards (FASB and IASB, respectively) have finalized new standards that will have a significant impact on how leases will be reflected in financial statements going forward. For the S&P 500 alone, this will be a $1.5 trillion event. Companies following GAAP or IFRS will be required tp adopt the standard… Read More →

BestCompaniesAZ names 100 Best Companies in Arizona

It is the purpose of BestCompaniesAZ and our calling – and has been for 15 years. We knew that better workplaces would create better lives, better communities, and more profitable businesses. Although it wasn’t about the money, the financial success was proven to be a benefit for best companies. Ten years ago, we were excited… Read More →

Az Business names 2017 Industry Leaders of Arizona

Industry Leaders of Arizona

On Thursday evening, business leaders from across Arizona gathered at the Camelback Golf Club for the Industry Leaders of Arizona Awards. “Henry Kissinger once said the task of being a leader is figuring out how to get from where you are to where you have never been,” said AZ Big Media Publisher Cheryl Green. “Tonight,… Read More →

40 Commercial real estate companies to watch in 2017

Arizona Center
by in AZRE Magazine

This year, experts still see Arizona as a hotspot for commercial real estate activity and development. While activity in other markets across the nation is starting to fizzle out, Arizona has yet to enter the ninth inning of the business cycle as a result of its slow and steady recovery following the recession. AZRE identifies… Read More →

Cresa dominates at Goodmans Chair Hockey Tournament

by in AZRE Magazine | Newsmakers

Cresa Phoenix recently won Goodmans Chair Hockey Tournament, hosted by  Goodmans Interior Structures and produced by Rooted in Good, Inc., an Arizona 501(c)3 operated by Goodmans employees. This year’s event raised $10,000 for First Place AZ, a local non-profit working hard to ensure that housing options for people with autism and other special abilities are as bountiful as they are for anyone else.… Read More →

Cresa’s Ashley Snyder named to IAMC board

by in AZRE Magazine | Newsmakers

The Industrial Asset Management Council (IAMC) announced on Tuesday that Ashley Snyder, Senior Vice President of Cresa, has been elected to the IAMC board of directors. Jennifer Roth, Senior Manager, Real Estate at Bimbo Bakeries USA, Inc, and Don Hansen, Sr. Director of Real Estate and Development at W.W. Grainger were also elected to the… Read More →

2016 Most Admired Company: Cresa

by in AZ Business Magazine

Cresa Most Admired Company: 2014, 2015, 2016 Top Arizona executive: Gary Gregg, managing principal What it does: Corporate real estate advisors specializing in tenant representation. Admirable quality: The Watkins Survey, a survey of real estate decision-makers that measures how companies are perceived by clients and prospects, measured 10 factors deemed critical for effective client service.… Read More →

James Underhill named CEO of Cresa

by in AZRE Magazine | Newsmakers

James M. Underhill has been named chief executive officer of Cresa, the world’s largest commercial real estate firm focused solely on advising tenants and occupiers of space.  Setting a bold objective of doubling Cresa’s staff and revenue within five years, Underhill will focus on the firm’s growth in key domestic and global markets, bolstering capabilities… Read More →

8 companies earn Industry Leaders of Arizona Awards

Hundreds of Arizona’s best and brightest business leaders gathered Thursday at Chateau Luxe as Az Business magazine presented the 2016 Industry Leaders of Arizona Awards.  Presenting sponsors for the ILoA Awards were Arizona Central Credit Union, Clark Hill, CRESA, Lovitt & Touche’, RSM and Teladoc. The Industry Leaders of Arizona Awards recognize the contributions and impact of Arizona‐based companies on both the economy of Arizona and in… Read More →

$7M JLL Hangar sale shows Phoenix aerospace is flying high

The Phoenix office of JLL has closed the $7 million sale of The Hangars at 5615, a major, state-of-the-art office and hangar facility with direct runway access to Phoenix Mesa-Gateway Airport, the hub of Phoenix’s up-and-coming aerospace corridor. Although the property is currently 100 percent vacant, it is being acquired by an investor with an expected commitment for… Read More →

Solar Company consolidates into Tempe industrial property

DTZ, a global leader in commercial real estate services, announced that American Solar Electric, Inc., dba American Solar & Roofing, signed a lease for 18,800 square feet at 1230 W. 23rd Street in Tempe, AZ. The Arizona-based residential solar system and roofing services company consolidated offices into the single-tenant, industrial property. The building features ground-floor… Read More →

Cresa Phoenix announces 2014’s top producers

by in AZRE Magazine | Brokerage | Newsmakers

Cresa, the largest tenant representation firm in the world, announced its Top Producers of 2014 at the company’s annual spring conference on May 16th in Dallas. The top producers from Cresa Phoenix include: ·      Gary Gregg, Managing Principal ·      Jason Wery, Managing Principal | Project Management ·      Mike Gordon, Vice President CEO Rich Rhodes said,… Read More →

Airport I-10 announces three national tenant leases

Just as Airport I-10’s 600KSF Phase I approaches completion, Wentworth Property Company/Clarion Partners and the Phoenix office of JLL have announced the signing of three major, national tenant leases that bring one of the largest speculative office projects in Phoenix history to more than 35 percent pre-leased. The new tenants at Airport I-10 include: •â€¦ Read More →

IDI Distributors leases 29KSF in Phoenix

  Cresa Phoenix announced that it completed a 29,242 square foot lease for IDI Distributors, Inc. at 236 E. Pima St. in Phoenix.   Cresa Phoenix Vice President Ted Liles and advisor Grant Kingdon negotiated on behalf of the tenant, IDI Distributors, Inc., a “One-Stop-Shop” for insulation products and technical expertise. The landlord, Thackeray Partners, was… Read More →