DMB Archives

Eastmark celebrates more than 500 sales in 2015


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


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 →

Whitestone REIT Acquires Market Street at DC Ranch for $37.4M

DC Ranch
by in Brokerage | Business News | In The Spotlight

Whitestone REIT, a real estate company that owns, operates and re-develops community centered properties, announced Thursday that it purchased Market Street at DC Ranch® in Scottsdale for $37.4M, or $156 per square foot. Market Street primarily serves the DC Ranch neighborhood, one of Scottsdale’s signature master planned communities,  anchored by Safeway grocery, at the cross roads… Read More →

DMB Associates Unveils Vision for Verrado’s 'Next Generation Community'

Victory at Verrado

DMB Associates broke ground today on “Victory,” totaling approximately 1,200 acres, representing the next generation of communities for people 55+ years and better. “We’ve created a neighborhood in our thriving small town community of Verrado where people can explore the life they have waited to live for at least 55 years,” said Charley Freericks, president of… Read More →

CBRE Sells Historic Centerpoint on Mill in Tempe

Centerpoint Panorama_Smaller

Centerpoint on Mill, a landmark for Mill Avenue and the heart of downtown Tempe since its inception 28 years ago, has been sold by Scottsdale, Ariz.-based DMB, Inc., to Mill Avenue Retail LLC of Scottsdale. The 127,027 square-foot commercial property commanded a sale price of $38.35 million. Covering 22 acres starting at the northwest corner… Read More →

Local Investor Buys Main Street Lofts for $4.73M

Main St and Estrella FIN 0080
by in Business News

Capital Markets experts in the Phoenix Office of Jones Lang LaSalle have completed the $4.73 million sale of Main Street Lofts at Verrado, a Class A, urban-style, condominium-quality multifamily property located at the center of the Verrado master-planned community in Buckeye, Ariz. Jones Lang LaSalle’s Executive Vice President John Cunningham and Vice President Charles Steele… Read More →

Eastmark Grand Opening on June 1


The first new large-scale integrated community to launch in the Phoenix area in 10 years will hold a grand opening event from 10 a.m. to 5 p.m. on Saturday, June 1 to showcase its first phase of residential homes and the first phase of the Eastmark Great Park. Eastmark, located in the heart of the… Read More →

Building A Dream: Eastmark Infrastructure Adhering to Sustainable, Responsible Practices

Work progresses at the community center at Eastmark.

  The transformation of an automobile test track into a regional anchor community might intimidate even the most experienced of developers. Orchestrating a large team of specialized consultants and contractors, adhering to a budget during an economic downturn and an aggressive timeline requires teamwork and focused discipline. But with Eastmark, DMB proved the job can… Read More →