DMB Archives

One Scottsdale marketing assignment awarded to Cushman & Wakefield

One Scottsdale
by in AZRE Magazine | Brokerage

DMB, in partnership with Macerich, has awarded Cushman & Wakefield the marketing assignment for the nearly 14-acre, mixed-use commercial core of One Scottsdale in Scottsdale, Ariz. Cushman & Wakefield Land Division Executive Managing Director Brent Moser, Senior Vice President Michael Sutton, Associate Brooks Griffith and Retail Division Vice President Brent Mallonee have the sale assignment for the mixed… Read More →

DMB president sees urban redevelopment as future for valley

DMB

Brent Herrington, president and CEO of DMB Associates Inc., finds his company in the middle of a major change in strategy. DMB, known for building large masterplan communities, now shifts its focus to urban redevelopment style projects aiming for more infill and adaptive reuse. He took over for former president Charley Freericks in February and… Read More →

Meet us at the AZRE Forum

AZRE Forum_DSC_0906
by in AZRE Magazine | Events

As the summer months continue to bring the heat, AZRE magazine is doing the same with its commercial real estate mid-year update and forecast on Thursday, July 21 at the Camby from 3:30 p.m. to 6:30 p.m. The AZRE Forum will bring a panel of Arizona’s top commercial real estate experts, yielding in-depth discussions of economics, development… Read More →

Eastmark sales ranked No. 11 in the nation

Eastmark

In a report released by real estate advisory group RCLCO this week, Eastmark earned another top spot among the top 20 best-selling master-planned communities in the nation during the first half of 2016. Eastmark was ranked No. 11 in the country and No. 1 in Arizona. Vistancia was the only other Arizona masterplanned community included… Read More →

Eastmark passes more than 1,000 homes sold

Eastmark

Home sales continue at a strong pace in Arizona’s fastest selling community and this month Eastmark celebrated 1,000 home sales since opening in 2013. By the end of 2015, Eastmark earned a top spot in two of the nation’s real estate reports, RCLCO and John Burns Real Estate Consulting, ranking number seven and eight among… Read More →

DMB names new president and CEO

Victory-Rendering-2-DMB
by in AZRE Magazine | Featured | Newsmakers

DMB Associates Inc. has named Brent Herrington company president and CEO, succeeding long-time DMB executive Charley Freericks.  DMB is an Arizona-based real estate investment and development company founded in 1984 by Drew Brown, Mark Sklar and Bennett Dorrance.  All three remain active members of the company’s board of directors, along with Susan Bansak and Bennett… Read More →

Eastmark celebrates more than 500 sales in 2015

Eastmark

Eastmark, DMB’s newest masterplanned community, recently celebrated over 500 homes sales to date in 2015, bringing the community’s total sales to about 900 in just over two years.  Real estate experts continue to herald the East Valley as a strong housing market and those rising communities have had a number of key economic development wins… Read More →

Lennar re-enters Arizona active adult business

Lennar Pinnacle NextGen Plan at Victory

After a 12 year hiatus, Lennar Arizona is back in the business of creating homes within an active adult community.  “The timing was right for us as a company, and certainly as a nation with the growing number of Baby Boomers who are looking for new lifestyles and homes,” said Alan Jones, Lennar Arizona president. … Read More →

JLL completes sale of DC Ranch project for $18.7M

CanyonVillage 8x5
by in AZRE Magazine | Brokerage | Featured

On behalf of Arizona-based DMB, the Phoenix office of JLL has completed the $18.7 million sale of Canyon Village, a Class A mixed-use office project and cornerstone development within the DC Ranch masterplanned community in Scottsdale, Arizona. JLL Senior Managing Director Dennis Desmond and Senior Vice President Brian Ackerman represented the property seller, Canyon Village… Read More →

Silverleaf records strong 2014 sales

122375084

Total sales in DMB’s exclusive Silverleaf community exceeded $175 million in 2014, a jump from 2013 sales of $120 million.  Homesite and homes continued to increase in value in Silverleaf and 2014 saw stronger sales volume.   “Silverleaf delivers a value that goes far beyond the prices of the homes.  Buyers here appreciate the unparalleled access to the… Read More →

ULI’s partnership forum for young leaders

road trip
by in AZRE Magazine | Featured

Some professional organizations have the foresight to funnel resources into mentoring young leaders for the sake of grooming the next generation of their respective industry as well as securing future involvement in the organization. According to ULI Arizona members, few organizations do it as well as the Partnership Forum. ULI Arizona’s Partnership Forum pairs a… Read More →

Ground breaks on $25M Ocotillo Village Health Club & Spa

(L to R):  Mark Sklar - DMB, Councilmember Jack Sellers, Councilmember Jeff Weninger, Mayor Jay Tibshraeny, Councilmember Kevin Hartke, Carol Nalevanko - President of Village Health Clubs & Spa, Bennett Dorrance - DMB, Michael DeBell - DMB, David Bruner - DMB Circle Road, Charley Freericks - DMB, Mary Alexander - DMB.  Photo courtesy of John Buttel of Buttel Photography.

On June 18,  a group of city and business leaders including Chandler Mayor Jay Tibshraeny and Councilmembers Kevin Hartke, Jack Sellers and Jeff Weninger gathered in a freshly-graded dirt field to officially break ground on the $25 million Ocotillo Village Health Club & Spa. Joining the Mayor & Councilmembers at the groundbreaking ceremony were prominent… Read More →

Cocktails & Clothes Restocks AWEE Boutique

Cocktails & Clothes

Looking for a chance to give your “less than loved” clothes a new lease on life? Cocktails & Clothes is the chance to donate new or gently used clothing to the Arizona Women’s Education & Employment (AWEE) free Clothing Boutique for participants to have for job interviews or first week on the job. Clothes can… Read More →

Sequoia Pathfinder Academy at Eastmark to Open in August

Pathfinder Elementary, Eastmark, DMB

Edkey Inc., the parent company of 16 Sequoia Charter Schools, has completed construction plans for the new $6.5 million kindergarten through 6th grade Sequoia Pathfinder Academy at Eastmark, located on Eastmark Parkway, north of Ray Road in Mesa. The new tuition-free elementary school, which will serve 400 students, is scheduled to open in August for… Read More →