Tag Archives: Inc.

Aspera, Courtesy of Todd & Associates, Inc.

Velaire at Aspera breaks ground in Glendale

The P.B. Bell Companies has begun construction on Velaire at Aspera, an apartment community within the Aspera mixed-use development in Glendale.

Located at 75th Avenue and the Agua Fria Loop 101 Freeway, Velaire at Aspera will offer 286 luxury apartment homes in a resort-like setting, with amenities that include an electric-car charging station, an agility dog park and a state-of-the-art fitness facility with TRX equipment, in addition to other recreational opportunities.

“It is always exciting to break ground on a new project, especially one that will make such an impact on the surrounding area,” Michael Trueman, P.B. Bell’s vice president of development, said. “Aspera has a vision of being an integrated community, and Velaire will only add to its appeal. We are thrilled to be a part of this project.”

P.B. Bell will also oversee construction and long-term management of Velaire at Aspera after the community opens in early 2017.  MT Builders, Inc., owned by Philip Bell and Mike Tarver, will serve as the general contractor on the project. Todd & Associates, Inc. is the architect.

Velaire at Aspera, a nearly 13-acre site cushioned on either side by two lakes, consumes most of the northern portion of the Aspera community’s 75 acres, which will also support retail, healthcare and assisted living components. The Velaire at Aspera apartment complex will neighbor Banner Healthcare offices, a Mountainside Fitness, stores and restaurants, a senior living community, and Treasure House, a first-of-its-kind residential facility for young adults with intellectual and developmental disabilities, co-founded by former Arizona Cardinal Kurt Warner and his wife, Brenda.

“The whole design of the Aspera community lends itself well to a P.B. Bell-developed property, built from the ground up with its purpose and surrounding community in mind,” Trueman said.

Residents at Velaire at Aspera will enjoy access to a pedestrian-friendly retail center filled with neighborhood restaurants, financial institutions, retail shops and fitness clubs.

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Avnet’s MaryAnn Miller makes Most Powerful Women in Tech list

Avnet, Inc. (NYSE:AVT), a leading global technology distributor, announced that MaryAnn Miller, senior vice president, chief human resources officer and corporate communications, was named among the National Diversity Council’s 2015 Top 50 Most Powerful Women in Technology. The National Diversity Council’s list features the highest-ranking female executive leadership in America’s corporations. This is the second consecutive year Miller has received this prestigious recognition.

The National Diversity Council, a non-profit organization, committed to fostering a learning environment for organizations to grow in their knowledge of diversity and inclusion, issues a list of the Top 50 Most Powerful Women in Technology every year. The list comprises leaders who directly contribute to the business growth or strategic direction of their organizations while operating with the highest integrity and ethical behavior. These women are role models and active mentors to the next generation of female professionals in their industries.

“Avnet’s strength comes from our people, and MaryAnn’s leadership of our global human resources organization as well as our corporate communications team is instrumental to our success,” said Rick Hamada, chief executive officer, Avnet, Inc. “MaryAnn helps Avnet develop and engage a diverse, industry-leading global workforce that drives our profitable growth. Her positive influence on the Avnet brand, culture and employee programs is invaluable, and we are proud to see her accomplishments recognized by the National Diversity Council for the second year in a row.”

Miller has more than 25 years of experience in human resources and operations management. Since joining Avnet in 2006, she has made significant contributions to Avnet’s operations, including an integral organizational development initiative that works to attract, develop, engage and reward employees. In addition to her responsibilities as chief human resources officer, Miller oversees corporate communications and their strategic alignment to Avnet’s overall enterprise initiatives.

The complete list of the 2015 Top 50 Most Powerful Women in Technology is available online at http://californiadiversitycouncil.org/what-we-do/recognition/top-50/2015-1/.

Security Title Plaza sells for $18M

DTZ, a global leader in commercial real estate services, announced that Investors Warranty of America, Inc., a subsidiary of AEGON USA, has sold Security Title Plaza, 3636 N. Central Avenue in Phoenix. Heckethorn Towers, LLC, a unit of Reven Capital of La Jolla, CA, purchased the 219,032 square foot, 12-story office tower for $18 million.

DTZ’s Bob Buckley, Tracy Cartledge and Steve Lindley and Ben Geelan with the Capital Markets Group and Mark Stratz, Mike Beall, Scott Baumgarten and Chris Walker with the Office Group represented Investors Warranty of America, Inc. during the transaction.

“The buyer was president of the company that sold Security Title Plaza for $38 million in 2007,” said Mr. Buckley, DTZ Senior Managing Director. “It was a unique opportunity to buy the same building at less than 50% of its peak sales price. With all of the positive developments in Phoenix’s urban core since 2007, the strong potential for this asset to return to peak pricing in the future is significant, providing exceptional upside potential to the buyer.”

Built in 1983, Security Title Plaza is located on ±4.2 acres at the southwest corner of Central and Weldon Avenues in Phoenix’s Midtown submarket. It is close to amenities including neighboring Park Central Mall and within a short walk to a METRO Light Rail station. The office tower has a distinctive atrium lobby with a fountain and glass sculpture and an on-site café. The building has a five-story parking structure with additional visitor parking, ±18,000 square foot efficient floor plates and expansive balconies in the tenant spaces overlooking Central Avenue and Phoenix. Security Title Plaza was 52.6% occupied at the time of sale.

“We are continuing to see interest from buyers, developers and tenants along Central Avenue, especially in the Midtown and Uptown areas,” said Mr. Lindley, DTZ Senior Managing Director. “The proximity to amenities, access to the METRO Light Rail and the growth with new residential and retail development are all attracting capital and tenants to this improving urban core.”

ethics

Avnet recognized as ‘World’s Most Ethical Company’

Avnet, Inc. (NYSE:AVT), a leading global technology distributor, announced today that it has been named a 2015 World’s Most Ethical Company® by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices. The World’s Most Ethical Companies designation recognizes those organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company.

Being an honoree for the second year in a row emphasizes Avnet’s commitment to leading ethical business standards and practices globally to ensure long-term value for key stakeholders including customers, employees, suppliers, regulators and investors. Avnet was the only company in the Electronics Wholesale sector honored on this year’s list.

“Integrity is our number one core value by design. This guides our day-to-day decisions everywhere we do business,” said Rick Hamada, chief executive officer of Avnet, Inc. “We are trusted by the world’s leading technology companies not only because of our expertise and innovative solutions, but also because of our reputation as a leader in ethical practices. Avnet’s inclusion on the list of World’s Most Ethical Companies only reinforces our commitment accordingly and is a true source of pride for our employees worldwide, whose outstanding contributions and engagement help differentiate us as a global leader.”

Avnet was recognized because of its commitment and investment in initiatives that enhance and expand its ethics, compliance, sustainability, governance, and community outreach programs, as well as its industry leadership and innovation capabilities. Avnet supports ethical conduct with transparency in its policies, procedures and transactions, as well as ongoing training and a thorough audit process. Additionally, Avnet participated in the Carbon Disclosure Project in 2014 and published a 2014 Corporate Social Responsibility Report, which outlines other key Avnet initiatives that help make the world a better place to live, work and play.

“At Avnet, we know that results matter, but achieving those results the right way is what we pride ourselves on,” said Harvey Woodford, chief ethics and compliance officer, Avnet, Inc. “Being recognized as one of the World’s Most Ethical Companies for the second year in a row is a reflection of every employee’s commitment to acting with integrity and uncompromised business ethics around the world. In achieving this high standard, we help our customers and suppliers reduce costs and risks and go to market more efficiently.”

“The World’s Most Ethical Companies embrace the correlation between ethical business practice and improved company performance. These companies use ethics as a means to further define their industry leadership and understand that creating an ethical culture and earning the World’s Most Ethical Companies recognition involves more than just an outward facing message or a handful of senior executives saying the right thing,” said Ethisphere’s Chief Executive Officer Timothy Erblich. “Earning this recognition involves the collective action of a global workforce from the top down. We congratulate everyone at Avnet for this extraordinary achievement.”

The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ (EQ) framework, developed over years of research to provide a means to assess an organization’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. The EQ framework and methodology is determined, vetted and refined by the expert advice and insights gleaned from Ethisphere’s network of thought leaders and from the World’s Most Ethical Company Methodology Advisory Panel.

Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%), and leadership, innovation and reputation (10%).

The full list of the 2015 World’s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.

Weight-loss surgery - Scottsdale Living Magazine Spring 2012

Humana, Weight Watchers join to help Arizonans

With levels of obesity and its health-related impacts continuing to rise in the U.S., employers are facing a fast-growing threat to productivity and employee health. Humana Inc., one of the nation’s leading health and well-being companies, and Weight Watchers International, Inc., the world’s leading provider of weight management services, announced they have teamed up to help Arizona employers attack the problem.

All Humana members in qualified employer-sponsored health plans now have free and discounted access to Weight Watchers through an integrated wellness program built into their health plan, giving Humana members a proven and accessible approach to change their habits and improve their health. The first-of-its-kind program closely integrates Weight Watchers into Humana’s many medical and wellness programs, actively connecting members who want to lose weight to the program at no cost for six months, and at a significant discount thereafter.

“We want to help employers find effective ways to battle obesity, improve the overall wellness of their employees and create healthy communities,” said Beth Bierbower, President of Humana’s Employer Group Segment. “With that in mind, partnering with Weight Watchers just made sense – it allows us to connect our members with a leading weight loss program so that they can better navigate their wellness journeys.”

“As the leading weight management program focused on helping people change their behavior and achieve their goals, our mission to ‘change people’s relationship with food for good’ directly aligns with Humana’s mission to ‘support lifelong well-being,’” said Jim Chambers, president and CEO, Weight Watchers International, Inc. “Working together, we can help more people develop the goals, plans and skills they need to improve their overall health.”

Southwest Human Development, Arizona’s largest nonprofit dedicated to early childhood development, is heavily engaged in workplace wellness and looking forward to offering the new program to its more than 830 employees. Chief Executive Officer Ginger Ward believes adding the new offering from Humana and Weight Watchers will help her employees and their families reach their wellness goals.

“It’s important that we help our employees and their families achieve and live a healthy lifestyle,” Ward said. “The addition of the Weight Watchers program to our much-used HumanaVitality employee wellness initiative will connect our employees and their family members who want to get to a healthy weight with the tools and resources they need to successfully reach their goal.”

According to recent studies, U.S. employers are losing billions in productivity every year to obesity-related health issues. Additional research shows that obese and overweight employees are at higher risk for heart disease, type 2 diabetes and many other chronic diseases, all of which contribute to healthcare costs. While there is no silver bullet for managing obesity, more employers are taking on this challenge by offering resources to employees.

The U.S. Preventive Services Task Force Guidelines support intensive, multicomponent behavioral interventions, including community-based programs, as effective for obesity treatment. As a behavioral intervention, Weight Watchers helps people to adopt a healthier lifestyle that results in achieving and learning to maintain a healthy weight.

“Obesity is a significant health issue for this country and has a devastating effect on the health of employees and, by extension, on their employers,” said Brian Marcotte, President and CEO of the National Business Group on Health. “We applaud the commitment by Humana and Weight Watchers to battle obesity and we embrace their initiative to make weight loss programs widely available to health plan members. Ultimately, employers can and should play a role in combating obesity and will welcome the development of accessible, affordable and evidence-based weight management solutions.”

Weight Watchers is now offered to all Humana members insured through qualified employer-based health plans. Members with weight loss goals will be actively connected to Weight Watchers through Humana’s disease management programs, health coaches, personal nurses, customer service and HumanaVitality.

Humana participants can chose Weight Watchers OnlinePlus to follow the plan entirely online with new 24/7 Expert Chat real-time support and access to all the digital tools and apps; or they can choose Weight Watchers Meetings for face-to-face support from a Coach who has lost weight with Weight Watchers and exchange experiences with a group of like-minded peers, along with 24/7 Expert Chat and digital tools and apps.

wealth

Wealth management views from Raymond James’ Curtis Smith

Curtis L. Smith Wealth advisor Raymond James Financial Services, Inc. wealthmanagementaz.com

Curtis L. Smith
Wealth advisor
Raymond James Financial Services, Inc.
wealthmanagementaz.com

Curtis L. Smith, Wealth advisor, Raymond James Financial Services, Inc.

Smith is currently a wealth advisor with Raymond James overseeing locations in Arizona and Nebraska since 2009. Smith served as a financial consultant for Wells Fargo’s Wealth Management Group from 2006 to 2009 and began his career in the securities industry at Morgan Stanley’s Private Client Group in 2004.

2015 trend to watch:

“One of the most impactful trends to be aware of is the Federal Reserve’s monetary policy and the effect on interest rates and inflation in the future. This has a direct correlation on economic expansion, real-estate values and bond price valuations. It’s also important to monitor geopolitical uncertainties, the U.S. Labor Market                     data and corporate profitability.”

Advice for 2015:

“First, start by creating a balance sheet and an income and expense summary. This allows you to take a holistic view of your net worth and identifies any additional income available for investment opportunities. Second, define clear goals and objectives while considering appropriate methods to fund each goal (401k, IRA, Roth IRA, investment account, real estate, etc.). Finally, it’s important to evaluate other areas of your overall plan to ensure they are coordinated with your accumulation goals such as tax, insurance, estate and charitable giving strategies.

Best Arizona investment:

“Swift Transportation. They are a leader in the trucking industry, operating more than 18,000 tractors with more than 35 terminals nationwide. Swift has annual revenues of more than $4 billion per year and strong earnings outlook and profitability forecasts. In addition to company financials and forecasts, the trucking industry is predicted to have strong growth and demand in the future which should have positive impacts for Swift Transportation as well.”

 

2015 RED Award logo

RED Awards 2015: Best Healthcare Project

On Feb. 26, AZRE hosted the 10th annual RED Awards reception at the Arizona Grand Resort & Spa in Phoenix to recognize the most notable commercial real estate projects of 2014 and the construction teams involved. RED Award trophies were handed out in 10 project categories, to six brokerage teams and safety, subcontractor, architect, general contractor and developer of the year awards were also presented. AZRE also recognized Sunbelt Holdings President and CEO John Graham with a lifetime achievement award. Click here to view all 2015 RED Awards Winners.

BMDACC-2-Courtyard-35Banner MD Anderson Cancer Center Phase II Clinic Expansion

Developer: Banner Health
Contractor: DPR Construction
Architect: HKS, Inc.
Size: 110,904 SF
Location: Gilbert
Completed: January 2014

After completing the stunning first phase of the Banner MD Anderson Cancer Center, DPR Construction and HKS designed and built phase II, which consisted of a three-level expansion that houses linear accelerator vaults, radiation oncology, CT simulator, exam and infusion spaces. DPR completed this project with zero defects, meaning the project had no “punchlist” items at the time of substantial completion. This means during construction that 2,596 quality items were tracked and resolved “on the fly,” as one nominator put it.

enright_nicole

Avnet Promotes Nicole Enright to VP of HR

Avnet, Inc., a leading global technology distributor, today announced that it named Nicole Enright as its vice president of corporate human resources. Enright will be responsible for helping Avnet attract, engage, develop and reward the diverse workforce of Avnet’s information technology (IT), finance and legal teams. Additionally, Enright will manage Avnet’s human resources teams in the Americas. She will report to MaryAnn Miller, senior vice president, chief human resources officer and corporate communications for Avnet, Inc.

“Nicole is a proven strategic thinker, collaborative leader and a passionate advocate of Avnet’s people strategy, and she has a stellar track record for building high-performing teams that bring measurable value to Avnet,” said Miller. “As a 13-year Avnet veteran, Nicole’s promotion reinforces the value of Avnet’s succession planning and career development process, and she will be able to use this experience to help our employees pursue their professional goals, just as she did. Nicole has always been a champion of change, and she will help our business accelerate growth in a rapidly evolving market.”

Enright joined Avnet in 2002, and brings a wealth of knowledge and success to her new role. She began her career at Avnet as a senior consultant, where she helped teams identify business opportunities and led process improvement initiatives to achieve results. She served as Avnet’s director of operational excellence in 2005, and in 2011, was promoted to vice president of Strategic Enablement Services, Avnet Technology Solutions, Americas. In this role, Enright demonstrated strategic and organizational agility, drove operational effectiveness and led change management initiatives to foster outstanding employee engagement and productivity improvements. She also managed the teams responsible for partner marketing, company events, employee communications, public relations, and partner and supplier communications. Prior to joining Avnet, she worked for a regional Avnet partner, as well as the U.S. Department of Commerce.

Enright has been recognized for her industry knowledge and leadership skills by industry publication CRN as a Power 100 Woman of the Channel in 2011, 2012, 2013 and 2014. This designation is reserved for the highest-ranking women who exemplify the most sought-after leadership traits in their respective positions. She also received Avnet’s highest honor when she was presented with a Chairman’s Award in 2011, in recognition of her leadership role with several of the company’s large scale acquisitions.

stk150362rke

Take Charge America unveils Home Ready Counseling

Prospective homebuyers across the country now have access to a new service helping them receive approval for a mortgage. Take Charge America, Inc., a national nonprofit credit counseling and debt management agency headquartered in Phoenix, now offers Home Ready Counseling, a program specifically designed to address the top approval requirements for a home loan.

“With low mortgage interest rates and a recovering housing market, many consumers are taking steps to enter or re-enter the housing market, but lack the knowledge they need to get approved for a loan,” said Mike Sullivan, director of education for Take Charge America. “What’s more, people who have been turned down in the past may not know how to rebuild their credit and improve their chances of approval the next time around.”

With Home Ready Counseling, Take Charge America’s certified counselors provide one-on-one counseling sessions addressing mortgage requirements including down payments and debt-to-income ratio. In addition, counselors analyze credit scores and develop personalized action plans to help potential homebuyers rebuild their credit and meet home buying goals. Plans include:

• Custom overview of positive and negative factors impacting their credit scores

• Potential opportunities to increase point values with each of the three credit bureaus

• Detailed instructions on how to proceed with creditor disputes or issues

• A task timeline aligned with the customer’s home buying goals

Consumers enrolled in Home Ready Counseling also receive access to monthly educational emails and Take Charge America’s online homebuyer education course, which teaches them the terms used in the home-buying process, how loans are obtained, documents needed to close a mortgage, and how to avoid predatory lenders.

Visit Home Ready Counseling or call (866) 260-6751 to learn more about the service.

cancer

LCMS Laboratories expands into Arizona

To serve the growing needs of the bioscience and healthcare communities in the greater Tucson area, LCMS Laboratories, Inc. is opening a high-complexity laboratory in March 2015 and will operate under the guidelines of the Clinical Laboratory Improvement Amendments (CLIA).  The laboratory will utilize the latest mass spectrometry technologies and will create high-paying laboratory and administrative jobs within the region.
The new laboratory, located at 10831 N. Mavinee Drive, Suite 105 near Innovation Park, in Oro Valley, will provide clinical diagnostics, contract research organization (CRO) support and diagnostic test development.
LCMS Laboratories worked closely with Tucson Regional Economic Opportunities (TREO), Bioscience Industry Organization of Southern Arizona (BIOSA) and other bioscience/diagnostic partners to establish its presence and support the community.”Our company was founded on the premise of having science support the practice of medicine, primarily in high-complexity diagnostic testing,” states Dale Ziegler, CEO of LCMS Laboratories. The goals and objectives of the Tucson scientific and medical communities blend perfectly with our future endeavors. The enthusiastic support of the Tucson area community leaders in establishing a diagnostic center of excellence made the decision to establish our new laboratory in Tucson an easy one. We look forward to a long and mutually beneficial relationship.” Adds Dr. Ray Woosley, president of AZCERT, Inc., and member of the Board of Directors of TREO and BIOSA, “TREO’s 2013 Diagnostics Business Development Strategy identified the need to reach a critical mass of diagnostic companies in our region and the need for a CLIA-certified lab that could support emerging companies. Currently many new bioscience companies send testing of this nature out of our market, increasing the turnaround time and cost of doing business.  The attraction of LCMS Laboratories represents a success story that helps to fill both of these needs within our community.”

Numerous civic and business leaders welcomed the news and provided the following comments:
  • “TREO is laser focused on business development in targeted industries that match our strengths,” said Joe Snell, president & CEO, TREO. “LCMS Laboratories will offer highly-skilled, high-wage jobs in our region and represents the next step to build a critical mass in a competitive industry.”
  • “We are very pleased that LCMS Laboratories has decided to expand in Oro Valley,” said Satish Hiremath, mayor of Oro Valley. “Oro Valley has become a hub for bio-science, diagnostics and high-tech industries, with companies like Ventana Medical Systems, Sanofi and Securaplane. LCMS Laboratories will help strengthen the town’s reputation for these industries and enrich our community with its talented, diverse workforce.”
  • “Arizona’s strategic location, proximity to key regional growth markets and highly-skilled talent pool continue to make our state one of the best places in the nation for today’s corporate leaders and emerging companies to advance their business success,” said Sandra Watson, president and CEO, Arizona Commerce Authority. “We thank LCMS Laboratories for its investment and expansion in Oro Valley, and are excited to see its new state-of-the-art diagnostics testing facility become an integral part of Arizona’s thriving biotechnology ecosystem.”
Brokers for the new lease agreements were Bob Davis of Rein & Grossoehme Commercial Real Estate who represented LCMS Laboratories and Diana Dessy of Anthem Equity Group who represented MATRIXX EQUITIES, L.L.L.P
technology

Az Business names Industry Leaders of Arizona finalists

Az Business magazine is proud to present the Industry Leaders of Arizona (ILoA) Awards, which recognize the contributions and impact of Arizona‐based companies on both the economy of Arizona and in the communities they serve. Companies were selected from five key industries:

• Aerospace and defense
• Commercial and residential real estate service contractors
• Food and beverage (non-hospitality)
• Healthcare support services
• Software/data support

Winners will be recognized at an awards dinner that will be held Wednesday, Feb. 4 at the Camelback Inn. Here are the 30 finalists for this year’s ILoA Awards:

AppointmentPlus
Leadership: Bob La Loggia, CEO; Debbie James, CFO
Address: 15300 N. 90th St., #100, Scottsdale
Website: appointment-plus.com
What it does: AppointmentPlus is a web-based scheduling software that empowers businesses through configurable online calendars, reminder management, online payment processing and plug-in integration.
How it leads: Scheduling problems cost companies more than $150 billion annually. AppointmentPlus’ software eliminates this problem by offering an easy-to-use platform for online scheduling. AppointmentPlus can take a small company from using paper appointment books to the increased accuracy of online booking. Departments within larger companies can use AppointmentPlus for scheduling trucks at distribution centers or scheduling job candidate screenings.

Avella Specialty Pharmacy
Leadership: Rebecca M. Shanahan, CEO; Prem Goyal, CFO
Address: 1606 W. Whispering Wind Dr., Phoenix
Website: avella.com
What it does: Avella is a national specialty pharmacy offering breakthrough medications, clinical excellence and support to individuals with complex healthcare issues.
How it leads: Avella offers more than just innovative specialty medications. Its clinicians and staff members provide guidance that helps individuals manage complex health conditions like cancer, hepatitis, HIV, infertility and others. Avella partners with prescribing physicians to serve as a valuable member of a patient’s healthcare team. Avella complements these efforts with the latest technology, including mobile health tools that offer convenience to its patients.

Benson Systems
Leadership: Shawn Benson, CEO; James Spiel, CFO
Address: 2065 W. Obispo Ave., #101, Gilbert
Website: bensonsys.com
What it does: Benson Systems’s mission is to be a single-source provider of vital facilities services, system integration and installation, including security systems, fire alarms, air conditioning systems, electrical, plumbing and more.
How it leads: Earlier this year, Benson created a fundraising arm of Benson Systems called the Benson Charities Foundation. Focusing on his passion of youth development and health and wellness, Benson funnels his personal and company community efforts into the Benson Charities Foundation so that he can more effectively support causes that are important to him and his family.

BeyondTrust
Leadership: Kevin Hickey, CEO; Bryce Hancock, CFO
Address: 5090 N. 40th St., #400, Phoenix
Website: beyondtrust.com
What it does: BeyondTrust delivers privileged account management and vulnerability management solutions that reduce IT security risks and simplify compliance reporting across heterogeneous IT environments.
How it leads: One of Hickey’s first, and largest initiatives since his appointment as CEO was the development and launch of the company’s first cloud-based vulnerability scanning solution, BeyondSaaS. This allowed BeyondTrust to offer a more cost-effective security solution and target a new segment of the market. It also created a new space inside the company for innovation to occur — the cloud space.

Burns Pest Elimination
Leadership: Dave Burns, CEO
Address: 2620 W. Grovers Ave., Phoenix
Website: burnspestelimination.com
What it does: Burns Pest Elimination is a full- service commercial and residential pest elimination company. Specialties include scorpions, roaches, ants and rodents, bird exclusion and trapping services. Commercial industries include healthcare, multi-family housing, homeowners associations, call centers, hospitality and food handling.
How it leads: Burns was the first in Arizona to operate a division devoted to locating and exterminating bed bugs by the use of specially trained canines, then exterminating them through both traditional methods and the company’s specially designed Enviro-heat treatment.

Crescent Crown Distributing
Leadership: James “Bubba” Moffett, CEO; Neil Baier, CFO
Address: 1640 W. Broadway Rd., Mesa
Website: crescentcrown.com
What it does: Crescent Crown is one of the ten largest beer distributors in the country, selling and delivering over 27 million cases of beer and other fine beverages throughout Arizona and Louisiana.
How it leads: Crescent Crown holds as a core value the importance of supporting the local community. Crescent Crown employees are past or current board members of the Mesa Arts Center Foundation, Surprise Regional Chamber of Commerce, Habitat for Humanity, Rebuilding Together and the Mesa Chamber of Commerce.

Enghouse Interactive
Leadership: Christoph Mosing, CEO; Doug Bryson, CFO
Address: 2095 W. Pinnacle Peak Rd., #110, Phoenix
Website: enghouseinteractive.com
What it does: Enghouse Interactive is a global leader in providing contact center solutions that deliver differentiated customer experiences and maximize the value of every customer interaction.
How it leads: Enghouse is steadfast in both its commitment to and investment in making the Phoenix community its headquarters. Unlike many technology companies, Enghouse boasts an incredibly strong balance sheet and consistent year-over-year growth. Second quarter revenue, for example, was $55 million, an increase of 23 percent over revenue of $44.5 million in the second quarter last year.

Exodyne
Leadership: Ralph Rockow, CEO; Julie Rossignol, CFO
Address: 8433 N. Black Canyon Hwy., #200, Phoenix
Website: exodyne.com
What it does: Dynamic Science, Inc. (DSI), a subsidiary of Exodyne, Inc., has provided defense-related services since 1942 in aviation, test and evaluation, and research and development.
How it leads: DSI was established in 1942 to assist in a crash injury research project at Cornell University. It is know for its longevity, innovative track record, consistency and impressive variety of areas of expertise. The Air National Guard chose DSI to provide air traffic control and navigational aid maintenance services at seven locations throughout the U.S. DSI also expanded into train, bus, and motorcycle investigations.

FacilitySource
Leadership: Bill Hayden, CEO; Richard Montero, CFO
Address: 3600 E. University Dr., #C-1550, Phoenix
Website: facilitysource.com
What it does: Since 2001, FacilitySource has provided high quality alternatives to traditional facility support solutions to multi-location retailers, restaurants and other enterprises.
How it leads: FacilitySource is a leader in the facility management industry because of its unique perspective on integrated facility management. To deliver on this vision, FacilitySource employs industry leading solution components that help its clients operate their facilities in best-in-class fashion. These differentiated solutions include FacilitySource’s applied business intelligence, elite network of service providers, its industry leading software platform — fmPilot and its transaction center.

GPS Insight
Leadership: Robert Donat, CEO; Wayne Holder, CFO
Address: 19001 N. Scottsdale Rd., #400, Scottsdale
Website: gpsinisght.com
What it does: GPS Insight is a leading GPS tracking software provider for commercial and
government fleets.
How it leads: GPS Insight innovates most in its technology and is typically the first to bring new capabilities to the GPS tracking space. The way in which it innovates most, however, is by continuously working with customers and prospects to hear about what they require. By pairing its technology with user requirements, GPS Insight brings its product continuously to the next
level while satisfying existing and future customers.

InEight
Leadership: Bill Ponseti, CEO; Jason Trueblood, CFO
Address: 9977 N. 90th St., #200, Scottsdale
Website: ineight.com
What it does: InEight’s technology solutions help companies design, estimate, control and connect all aspects of their capital and maintenance projects, from the back office to the job site.
How it leads: In May 2014, the company introduced the InEight name which represents the vision to empower customers with an innate ability to more effectively manage their capital and maintenance projects from start to finish. More than 500 companies now use InEight products, including some of the largest companies in the engineering, construction and operations; mining; oil and gas; and utilities industries.

Inventure Foods
Leadership: Terry McDaniel, CEO; Steve Weinberger, CFO
Address: 5415 E. High St., Phoenix
Website: inventurefoods.com
What it does: Inventure Foods is a sales and marketing company that focuses on healthy and natural snacks and frozen foods. Its brands include company-owned brands Boulder Canyon, Poore Brothers, Rader Farms, Fresh Frozen Foods andlicense brands including Jamba, Seattle’s Best Coffee, TGI Friday’s, Nathan’s Famous and Vidalia Brands snacks.
How it leads: As a smaller food company, Inventure’s ability to develop unique product concepts that are brought to the market quickly has enable it to compete against some of the industry giants.

Isagenix International, LLC
Leadership: Kevin Adams, CEO; Darren Fujii, CFO
Address: 2225 S. Price Rd., Chandler
Website: isagenix.com
What it does: Isagenix offers health-and-wellness solutions that provide real results, a compelling business opportunity and a global vision of helping people achieve their dreams — physically and financially.
How it leads: Isagenix is a world-class leader in the network marketing industry, offering solutions to transform lives in four key areas: weight loss, energy and performance, healthy aging and wealth creation. With cumulative sales over $2.5 billion, the company is undeniably one of the most successful in the industry.

JDA Software Group, Inc.
Leadership: Bal Dail, chairman and CEO; Marc Levine, CFO
Address: 14400 N. 87th St., Scottsdale
Website: jda.com
What it does: JDA Software is a leader in global supply chain management, offering a broad portfolio of integrated planning and execution solutions and services to help firms manage the entire supply chain through any channel.
How it leads: A powerful cloud delivery platform enables JDA customers to achieve and maintain long-term value from their software investments. From rapid deployment to ongoing optimization services, JDA Cloud customers benefit from the synthesis of technology, support, system management, and industry and solution expertise.

Maverick Healthcare
Leadership: Robert Fahlman, CEO; Jeff Reynolds, CFO
Address: 4601 E. Hilton Ave., Phoenix
Website: preferredhomecare.com
What it does: Maverick provides multiple value-based in-home services.
How it leads: In December 1997, Preferred Homecare started as a small company with 27 employees and 9 branch locations in Arizona and set a course to grow organically. Preferred Homecare also set forth a plan to grow through acquisitions and purchased Park InfusionCare in Texas in 2007; Centura, a hospital-based durable medical equipment company, in 2010; and LifeCare Solutions, a home healthcare provider in 2011. The company now has nearly 2,000 employees in more than 60 locations.

OneNeck IT Solutions
Leadership: Phil LaForge, CEO; Clint Harder, chief technology officer and general manager of managed hosting and cloud services
Address: 5301 N. Pima Rd., #100, Scottsdale
Website: oneneck.com
What it does: OneNeck delivers tailored, end-to-end enterprise-class IT solutions, including everything from engineering and managing IT infrastructure to enterprise resource planning (ERP) application management, managed services, cloud services and Tier 3 data centers.
How it leads: An ERP system isn’t just a software application. It is a platform upon which businesses are run and OneNeck is the leading ERP managed hosting provider for mid-market companies.

Option 1 Healthcare Solutions
Leadership: Rick Winterich, CEO; Al Charlesworth, CFO
Address: 2460 E. Germann Rd., #18, Chandler
Website: option1nutrition.com
What it does: Option 1 is a tube feeding and medical nutrition provider that combines outstanding care, clinical expertise and a wide variety of products to support its patients.
How it leads: Option 1 has developed a program that is much more than simply delivering supplies.  Option 1 has studied and strived to create a program that outperforms other enteral therapy providers in both patient care and cost savings. Its model is focused on the patient’s needs rather than business convenience or internal cost savings.

Parchment
Leadership: Matthew Pittinsky, CEO; Robert Colletti, CFO
Address: 6263 N. Scottsdale Rd., #330, Scottsdale
Website: parchment.com
What it does: Parchment is an education technology company that makes it easier to request, verify and share educational and professional credentials electronically.
How it leads: Parchment’s advanced technology platform takes people’s transcripts, degrees, licenses and certifications and helps turn them into realized opportunities. Parchment is changing what has become an archaic process of credentials management. Parchment’s challenge is trying to educate students, professionals and organizations on how the company can save them time and help them with their goals by managing their credentials quickly and securely on-line.

Parker and Sons
Leadership: Paul E. Kelly, CEO; Erika Doyle, controller
Address: 3636 E. Anne St., Phoenix
Website: parkerandsons.com
What it does: Parker and Sons, celebrating its 40th year in business, is a leader in the HVAC and plumbing industry.
How it leads: At the heart of its success is Parker and Sons’ value system, which it calls its SPIRIT values — Service, Performance, Integrity, Respect, Innovation and Teamwork. The leaders of Parker and Sons say the company’s success is driven by team members who not only care, but care enough to do the right thing and go the extra mile.

Paul Johnson Drywall
Leadership: Cole Johnson, CEO; Bernd Linzbach, controller
Address: 1720 W. Parkside Lane, Phoenix
Website: pauljohnsondrywall.com
What it does: Paul Johnson Drywall is a family-owned drywall contractor providing services to single-family, multifamily and commercial projects throughout the Southwest.
How it leads: Earlier this year, the company implemented a classification initiative in conjunction with the Department of Labor and reclassified 1,325 workers as W-2 employees and hired another 627 W-2 employees. PJD and the Department of Labor collaborated to develop and implement the construction-industry-focused effort, which addresses classification and overtime issue of traditionally piece-rate trades by providing industry best practices.

Phoenix Heliparts
Leadership: Tina Cannon, president; Andy Guiterrez, controller and director of HR
Address: 3130 N. Oakland, #110, Mesa
Website: phoenixheliparts.com
What it does: Phoenix Heliparts is a female-owned helicopter maintenance, repair and overhaul facility which specializes in custom modifications and integration.
How it leads: Since the company was founded in Cannon’s garage less than 12 years ago, Phoenix Heliparts has become a prime contractor for the U.S. Department of State, Boeing, the U.S. Army and the South Korean army. Phoenix Heliparts has received awards from the U.S. Department of State for superior performance and a supplier excellence award from Boeing.

Plexus Worldwide
Leadership: Tarl Robinson, CEO; Stephen Howard, CFO
Address: 15649 N. Greenway Hayden Loop, Scottsdale
Website: plexusworldwide.com
What it does: Plexus Worldwide is committed to providing its ambassadors with life-changing products and a unique and rewarding business opportunity, opening the door to personal and financial success.
How it leads: The Plexus Plan may soon be considered the standard in its industry for sustainable, secure income and growth for distributors. The balance is clear – everything Plexus does, from the compensation plan to its product line to the people its hires, must be both good for the company and good for the ambassadors.

Robertson Fuel Systems, LLC
Leadership: Tom Harrison, CEO; Barry Sullivan, CFO
Address: 800 W. Carver Rd., Tempe
Website: robbietanks.com
What it does: Robertson Fuel Systems designs and manufactures crashworthy and ballistically self-sealing fuel systems for helicopters and ground combat vehicles for U.S. and international customers.
How it leads: Robertson is the acknowledged world leader in fuel containment and ballistic tolerance, having designed, manufactured, and fielded more than 4,500 crashworthy, ballistically self-sealing primary and auxiliary fuel systems for rotary and fixed winged aircraft and ground combat vehicles since 1976.  Robertson systems self-seal against ballistic threats ranging from 7.62mm and .50 caliber Armor Piercing (AP) straight and tumbled projectiles to 23mm High Explosive Incendiary (HEI) and meet/exceed military crashworthy requirements.

Simpleview
Leadership: Ryan George, CEO; Scott Meredith, CFO
Address: 7458 N. La Cholla Blvd., Tucson
Website: simpleviewinc.com
What it does: Simpleview offers integrated products and services, including the industry’s most advanced customer relationship management (CRM) and content management system (CMS) platforms, dynamic websites, SEO and interactive marketing.
How it leads: Simpleview provides a comprehensive cloud-based technology platform which connects Destination Marketing Organizations (DMOs) around the world to travelers, meeting planners, and local businesses. Simpleview is able to exemplify their core competency of helping DMOs attract travelers and drive economic impact through a streamlined sales and marketing processes.

Sonora Quest Laboratories/Laboratory Sciences of Arizona
Leadership: Dave Dexter, CEO; David Lutich, CFO
Address: 1255 W. Washington St., Tempe
Website: sonoraquest.com
What it does: Sonora Quest Laboratories provides award-winning diagnostic testing and information services to physicians, hospitals, managed care organizations and patients throughout Arizona.
How it leads: Sonora Quest Laboratories has more than 2,700 employees statewide and performs more than 75,000 diagnostic tests per day, including the latest and most innovative testing for hereditary breast and ovarian cancer, to name a few. The company is the only healthcare company ever to receive our state’s highest quality award, the Arizona Governor’s Award for Quality.

Sprouts Farmers Market
Leadership: Doug Sanders, CEO; Amin Maredia, CFO
Address: 11811 N. Tatum Blvd., #2400, Phoenix
Website: sprouts.com
What it does: Sprouts is a healthy grocery store committed to healthy living that offers fresh, natural and organic foods at great prices.
How it leads: Recently named one of the top five supermarket chains by Consumer Reports and headquartered in Phoenix, Sprouts employs more than 15,000 team members and operates more than 175 stores in 10 states. Central to Sprouts’ identity is a genuine commitment to responsible retailing, which includes constructing and operating its farmers markets in a way that reduces energy use.

StandardAero
Leadership: Russell Ford, CEO; Mike Scott, CFO
Address: 1524 W. 14th St., #110, Tempe
Website: standardaero.com
What it does: StandardAero is one of the world’s largest independent providers of aviation services including engine, component and airframe maintenance, repair and overhaul, interior completions and paint.
How it leads: StandardAero has multiple strengths that serve as competitive advantages and provide the company with a unique value proposition. Greatest among these is the breadth of services among complementary aviation markets. StandardAero is able to serve a diverse array of aviation markets as a “tip-to-tail” service provider and authorized MRO service center among the top engine original equipment manufacturers.

SunRenu Solar
Leadership: John McDonnell, CEO; Christy McDonnel, controller
Address: 4300 N. Miller Rd., #130, Scottsdale
Website: sunrenu.com
What it does: SunRenu Solar provides installation and contracting services with industry leading solar solutions that accelerate the rate of return on solar investments.
How it leads: SunRenu was named to Solar Power World magazine’s list of the “Top 400 Solar Contractors in America,” landing at No. 197. Specializing in mid-market commercial solar installation and finance, SunRenu has seen exponential growth in a market sector that is shrinking. SunRenu’s growth pattern shows it will grow from $6 million in revenue in 2014 to $10 million in 2015.

Sunstate Equipment
Leadership: Chris Watts, president and COO; Garth Price, CFO
Address: 5552 E. Washington St., Phoenix
Website: sunstateequip.com
What it does: Sunstate provides top quality rental equipment and tools to its customers so they can get the job done safely and efficiently.
How it leads: With the trend toward users outsourcing their construction equipment rentals, Sunstate has successfully navigated the changing face of the industry for more than 30 years. The company is defined by its core values: people, integrity, safety, challenge, empowerment, teamwork and fun. Sunstate’s leadership believes that if they take care of their employees, the employees will take care of their customers.

Universal Avionics Systems Corporation
Leadership: Paul DeHerrera, CEO; Michael Delgado, CFO
Address: 3260 E. Universal Way, Tucson
Website: uasc.com
What it does: Universal Avionics is a leading manufacturer of avionics systems, used worldwide on aircraft types from helicopters to corporate turbine aircraft and commercial airliners.
How it leads: Universal Avionics credits much of its success in growing the company to its involvement in the community. Most of the company’s initial hiring for its manufacturing workforce was done through a unique program developed in partnership with Pima Community College, Pima County, the City of Tucson, the Pima County Workforce Investment Board and others.

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Arizona Office of Tourism launches travel app

Thanks to the release of a new app, people seeking information on Arizona’s travel industry can now access data quickly and easily on their smart phone or iPad. The Arizona Office of Tourism (AOT) is the first state travel office in the United States to launch an app of this kind – one that provides quality, reliable mobile data on the impact of Arizona’s tourism industry on the state’s economy and its residents.

Arizona Travel Impacts, the new mobile version of AOT’s annually published “Arizona Travel Impacts” report, breaks down visitor spending, jobs, direct earnings, and tax receipts generated by the travel industry by state, region, county, and legislative district. The free app includes historical data dating back to 1998 and is available for download on iPhone, iPad and Android devices at tourism.az.gov/research-statistics/economic-impact via Apple’s App Store and Google Play. The data is updated annually.

“Communicating the importance of the travel industry on our state’s economy is critical for us,” said Sherry Henry, director of AOT. “We are thrilled to be at the forefront of providing important and interesting tourism and travel data to stakeholders in an innovative and accessible way through this app.”

After downloading the Arizona Travel Impacts app, users can easily access information by clicking on the map to identify a particular county or other geographic area, and then selecting their desired data category from drop-down menus along the top of the screen. All information is presented in clear, colorful graphs and maps, and more detail is available by tapping the screen to select a given year. In just seconds, a user can learn the number of retail jobs generated in Coconino County in 2008 (1,090 jobs) or the statewide spending in campgrounds in 1998 (more than $380 million).

Arizona Travel Impacts screen shotThe impact of tourism to the Grand Canyon State is quite significant. Arizona’s warm weather and exceptional beauty help make tourism one of the state’s top export industries. In 2013, 33.8 million people visited Arizona, and those visitors collectively spent $19.8 billion in the state. The money spent by visitors supports jobs and generates tax revenue, saving every Arizona household $1,100 each year in taxes.

The Arizona Travel Impacts app data is valuable to AOT’s constituents, including members of the media, legislators, tourism partners, destination marketing organizations, statewide economic representatives, businesses and community leaders along with municipal and state officials. AOT created the app in partnership with Dean Runyan Associates, Inc., a market research firm based in Portland, Ore., that has assisted the organization with reliable travel research since 2004.

 

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AZRE announces 2015 RED Awards finalists

Every February for the last 10 years, AZRE magazine has shone a spotlight on the commercial real estate industry through its annual Real Estate Development (RED) Awards. This year, a record number of projects and brokerage teams were nominated for a chance to be recognized at this year’s RED Awards.

For tickets to this year’s RED Awards, click here.

After lively debate and a few unanimous decisions among this year’s selection committee, AZRE proudly announces the 2015 RED Award finalists are, in alphabetical order:

Congratulations to this year’s contending projects:
Adelante Healthcare Peoria
Banner Estrella New Tower Addition
Banner MD Anderson Cancer Center Phase II Clinic Expansion
Bottled Blonde/Livewire
Broadstone Lincoln
Chandler Regional Medical Center
CityScape Residences
College Avenue Commons
Coyote Center at Chandler-Gilbert Community College, Pecos Campus
CyrusOne, Building 4
General Motors IT Innovation Center
GoDaddy Global Technology Center
Great Hearts Academies, Arete Preparatory Academy
Heritage Marketplace
Lewis Prison Complex Expansion
Liberty Center at Rio Salado
Marketplace at Lincoln & Scottsdale
Mesa Community College Performing Arts Center
MZ
Ocotillo Brine Reduction Facility
Phoenix Sky Train Stage 1A
SkySong, The ASU Innovation Center — SkySong 3
Start @ West-MEC, Innovation Center
Sun Devil Marketplace
Sunset Heights Elementary School
Sussex Properties for TLC Label
The Newton
University of Arizona—McKale Center Renovation
University of Arizona—Old Main renovation

And the companies that have been nominated as finalists with the above projects:
ADM Group
AECOM
Alliance Residential Builders
Alliance Residential Company
Ameris Construction
Architekton
Arizona Board of Regents
Arizona Department of Administration
AV3 Design
Axis Projects Corporation
Balmer Architectural Group
Banner Health
Butler Design Group
BWS Architects
Cam-8, LLC
Carollo Engineers
Cawley Architects, Inc.
Chasse Building Team
City of Phoenix
Corgan Associates, Inc.
CyrusOne Inc.
Dick & Fritsche Design Group
Dignity Health
DLR Group
DPR Construction
Emc2 Architects Planners, PC
Evening Entertainment Group
Fanning Howey
Fimbres Studio
Follett Higher Education Group
Gannett Fleming, Inc.
Gensler
Great Hearts Academies
HKS, Inc.
Hunt Construction, an AECOM Company
Iconic Design Studio

Intel Corporation
JAVCON
JE Dunn Construction
John Douglas Architects
Jones Studio
Kitchell
Layton Construction Co., Inc.
Liberty Property Trust
LGE Design Build
Maricopa Community Colleges
Mark IV Capital
McCarthy Building Companies, Inc.
McCarthy Kiewit Joint Venture
MD Heritage LLC
Modus Development
Mortenson Construction
Okland Construction
ORB Architecture, LLC
Orcutt | Winslow
Peoria Unified School District
PHArchitecture
Plaza Companies
Poster Frost Mirto
RED Development
RJM Construction
RSP Architects
Ryan Companies US, Inc.
SmithGroupJJR
Sundt Construction, Inc.
Sussex Properties
The Whiting-Turner Contracting Company
Venue Builders
Venue Projects
Wespac Construction Inc.
West-MEC

 

Brokerage Team Finalists

CBRE
Pat Feeney, Dan Calihan and Rusty Kennedy
Todd Fogler, Ryan Eustice and Jami Savage-Gray
Tom Adelson, Jim Fijan, Jerry Robert and Corey Hawley

CPI
Leroy Breinholt
Trent Rustan
Tyson Breinholt

Cushman & Wakefield
Chris Toci and Chad Littell
Jackie Orcutt, John Grady and Mackenzie Ford
Larry Downey

DTZ
Mike Haenel, Andy Markham and Will Strong
Robert Buckely, Tracy Cartledge, Steve Lindley

JLL
Anthony Lydon and Marc Hertzberg
Bill Honsaker, Anthony Lydon and Marc Hertzberg
Dave Seeger, Karsten Peterson and Mark Gustin
John Bonnell and Brett Abramson
Mark Detmer and Bo Mills
Pat Harlan, Steve Sayre and Kyle Westfall
Pat Williams, Steve Corney, Vicki Robinson and Andrew Medley

Lee & Associates
Craig Coppola and Andrew Cheney

Velocity Retail
Andy Kroot
Darren Pitts and Dave Cheatham

The project and brokerage team winners will be announced at the RED Awards reception on Thursday, Feb. 26, at the Arizona Grand Resort between 6 and 8 p.m. At the event, winners of AZRE’s 2015 developer, general contractor, architect and subcontractor of the year awards will also be announced.

Tickets are now available for the RED Awards. here for more information.

Charter Palms

Cushman & Wakefield negotiates $2.85M sale

Cushman & Wakefield of Arizona, Inc. completed the $2,825,000 million sale of the Charter Palms Apartments, 1220 N. 44th St.

The complex was constructed in 1974 and contains 74 apartment units totaling 60,400 square feet ($46.77 PSF).  The property, which includes five buildings, is 69 percent occupied.

Plaza de Vista, LLC of Tempe purchased the property from Realty Partners Charter LLC of Phoenix.

“The property has quite a bit of deferred maintenance that the buyer plans to take care of while also improving the quality of the asset,” said Brett Polachek, Senior Director with Cushman & Wakefield.

Polachek and Jim Crews of Cushman & Wakefield successfully marketed the property for sale and represented the seller. The buyer was represented by Brock Danielson of K.W. Commercial.

internet

ACA names Arizona Innovation Challenge semifinalists

The Arizona Commerce Authority (ACA) today announced 25 semifinalists in its Fall 2014 Arizona Innovation Challenge (AIC), a bi-annual business plan competition awarding $3 million annually to talented entrepreneurs.

Each year, the ACA awards – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and early-stage companies. Recipients receive up to $250,000 in capital to grow their businesses, advancing innovation and technology commercialization opportunities in Arizona.

“We congratulate the forward-thinking entrepreneurs selected as our newest AIC semifinalists,” said Sandra Watson, President and CEO, Arizona Commerce Authority. “Arizona’s engagement with early-stage companies through its suite of targeted programs continues to spur growth, technology commercialization and capital investment within Arizona’s innovation ecosystem. With more than 1,200 applications received for the AIC since 2011, the program continues to be among the many opportunities available to innovators which have made Arizona a top hub for entrepreneurial activity and startup success.”

The 25 Fall 2014 Arizona Innovation Challenge Semifinalists include:

• Adosia, LLC, IT – Software, Tempe, AZ
• Allbound, IT – Software, Scottsdale, AZ
• Cactus Semiconductor, Advanced Manufacturing, Chandler, AZ
• CampusLogic, IT – Software, Gilbert, AZ
• Crowd Mics, IT – Software, Mesa, AZ
• Dermspectra, LLC, Bio & Life Sciences, Tucson, AZ
• Energy Conservation Mgmt., Cleantech/Renewable Energy, Scottsdale, AZ
• EZ Dump Commercial, Advanced Manufacturing, Phoenix, AZ
• HiringSolved, IT – Software, Chandler, AZ
• Iris PR Management, IT – Software, Phoenix, AZ
• Iron Horse Diagnostics, Inc., Bio & Life Sciences, Scottsdale, AZ
• MWI Laboratories, Advanced Materials, Tempe, AZ
• Next Alternative, Inc., Cleantech/Renewable Energy, Chandler, AZ
• Numa Tactical Eyewear, Advanced Materials, Phoenix, AZ
• NuvOx Pharma, Bio & Life Sciences, Tucson, AZ
• Park Genius, IT – Software, Tucson, AZ
• PoG Technologies, LLC, Cleantech/Renewable Energy, Peoria, AZ
• Pure Chat, IT – Software, Scottsdale, AZ
• RightBio Metrics, Bio & Life Sciences, Scottsdale, AZ
• Salutaris Medical Devices, Inc., Bio & Life Sciences, Tucson, AZ
• Sentinel Internet Systems, IT – Software, Phoenix, AZ
• Smart Service Desk, IT – Software, Chandler, AZ
• Spotlight Software, IT – Software, Peoria, AZ
• Universal Bio Mining, Bio & Life Sciences, Tucson, AZ
• Zero Shock Seating, Advanced Manufacturing, Chandler, AZ

A panel of expert judges evaluated 154 applications from the Fall 2014 AIC submitted by companies based in Arizona, California, Colorado, New Mexico, Ohio, West Virginia, and Virginia. The judges assessed each application on a set of criteria including technology potential, marketing strategy, quality of management team and economic impact. These companies represent high-value industry sectors that include IT software, IT hardware, bio and life sciences, cleantech/renewable energy, advanced materials, advanced manufacturing, and aerospace and defense.

Every applying company that meets the AIC’s eligibility requirements will receive constructive feedback generated from the rigorous online evaluation and scoring process. All semifinalists also will be considered for participation in Venture Ready, the ACA’s mentor program that connects early stage companies with high-level CEOs to further refine business plans and investor pitches.

The ACA will name its Fall 2014 Arizona Innovation Challenge finalists in early January and the winners later that same month.

Ryan Companies Logo

Ryan Companies named general contractor mentor of the year

“Honored to be recognized for building these lasting community relationships,” is how Senior Project Manager Cindy Olsen described the recognition of Ryan Companies US, Inc. as General Contractor Mentor of the Year by the Associated Minority Contractors of Arizona (AMCA) at its 17th Annual Awards Banquet on November 8.

Ryan Companies continues its long history of outreach to and inclusion of M/WBE contractors by setting corporate-wide M/WBE spending goals on all construction projects and exceeding these goals year after year. In 2013, Ryan exceeded its spend goal by approximately 20% and is already on track to exceed its 2014 spend goal by over 207%, including the creation of more than $18.5MM in growth revenue to M/WBE companies.

Ryan Companies President, SouthWest Region, Rick Collins expressed appreciation for the AMCA. “We thank the AMCA for its commitment to developing strong alliances between general contractors and quality minority and women-owned businesses throughout Arizona.”

The AMCA annually presents the General Contractor Mentor of the Year Award to firms that have demonstrated generous support of minority businesses through financial and in-kind contributions, outreach, education development, and providing business opportunities for minority-owned and women-owned businesses as well as the disadvantaged business enterprise community.

The 2014 AMCA award recognizes Ryan’s mentoring achievements, including its Emerging Business Inclusion Program, which features relationship-building opportunities for M/WBE firms with Ryan project managers, cash-flow assistance, and project management and field coordination training.

“As a minority contractor, we are grateful for the opportunities and guidance that has been extended to us by Ryan Companies over the years,” said Dan Puente, President, D.P. Electric, Inc. “Their trust in D.P. Electric has enabled us to not only sustain, but grow as an organization through a tough economy.”

Superstition Commerce Park, Courtesy of Cassidy Turley

Verde Investments buys Superstition Commerce Park

Cassidy Turley has announced the sale of Superstition Commerce Park, a 15.97-acre industrial project west of the northwest corner of U.S. Highway 60 and Sossaman Road. Phoenix-based Verde Investments, Inc. purchased the property for $8.8 million from Delta SCP, LLC. The buyer is an owner/user and plans to occupy the project.

Cassidy Turley Executive Managing Directors Andy Markham, SIOR, and Mike Haenel and Vice President Will Strong negotiated the transaction on behalf of the seller. Lee & Associates represented the buyer.

Superstition Commerce Park includes two existing buildings and ±5.49 acres of fully improved land for future expansion. The existing buildings are a ±49,438 square foot back office building at 7457 East Hampton Avenue and a ±57,793 square foot flex/industrial building at 7465 East Hampton Avenue.

Topgolf.1

Topgolf’s Topgolf U Redefines Golf Lessons

Golf entertainment leader Topgolf International, Inc. today launched Topgolf U, a new golf instructional program developed to help grow the game. With lessons starting at $20, Topgolf® aims to attract a wide audience of player hopefuls, from juniors to adults and novices to experts.

Topgolf U combines the fun, high-energy environment of Topgolf with world-class, PGA-certified instructors using the latest mobile video technology from Ubersense to analyze and improve players’ swings. The lessons are being offered at all 10 existing Topgolf locations across the United States. The four types of Topgolf U lessons available include:

• Social Lessons – Priced at $20 for adults and $15 for youth, these 20-minute sessions are offered to anyone in a Topgolf bay who wants just a few quick tips. A video analysis of the student’s swing is emailed at the end of the lesson and is available for sharing on Facebook, Twitter and YouTube.

• Private Lessons – These hour-long sessions feature one-on-one instruction with a golf pro. Topgolf has partnered with sports app leader Ubersense to provide slow-motion video swing analysis. At Topgolf, the flight path of the ball is not simulated – instead, players get to see exactly where every shot lands.

• Weekly Clinics (Player Development Series) – Small group lessons, conducted once per week for four consecutive weeks, bring together players at similar skill levels. Topgolf provides separate development series lesson plans for each level as well as for juniors and ladies.

• Group/Event Lessons – Perfect for corporate entertainment or social parties, this special add-on offers professional instruction as part of the Topgolf private event experience.

“Topgolf is unlike anything else in the golf world, and we wanted to make the lesson experience just as remarkable,” said Topgolf Director of Strategic Partnerships Rodney Ferrell. “By combining the buzzing atmosphere of Topgolf with some of the finest teaching pros in the world using the latest technology, we’ve truly redefined the golf lesson. Put simply, Topgolf is making golf affordable, easy to learn and – most important – fun.”

Topgolf is the only entertainment center of its kind, offering competitive golfing games for all ages and skill levels and advanced technology to track the accuracy and distance of players’ shots. With climate-controlled hitting bays, Topgolf allows fans to enjoy playing the game year-round. The concept has been especially popular among the millennial generation, with more than half of its guests between the ages of 18 and 34. In July, Topgolf was recognized on HBO’s Real Sports with Bryant Gumbel for helping revitalize golf.

Today, Topgolf employs up to three golf professionals at each location. The company has pledged to cover the costs associated with each professional’s PGA dues and certification process.

“The introduction of Topgolf U is one of the most important things this company has ever done,” said Topgolf CEO Ken May. “The program symbolizes our commitment to spreading the love for the game of golf and making it more accessible to people of all ages and backgrounds. We look forward to expanding Topgolf U and other programs like our Summer Academy for kids, our offerings for high school golf teams, and more. This is just the beginning of the golf programming Topgolf plans to offer.”

For more information regarding Topgolf U, visit www.topgolf.com/lessons.

Lion's Ridge Apartments

NorthMarq arranges $21.4M loan for Lion’s Ridge Apartments

John Kinser, vice president and Luke Donahue, senior vice president of NorthMarq Capital’s Phoenix office collaborated with David Link, senior vice president/senior director of NorthMarq Capital’s Denver office to secure a $21,377,000 construction loan for Lion’s Ridge Apartments, a 114-unit, workforce housing, multifamily development located at 1280 North Frontage Road, Vail, Colorado. NorthMarq arranged the transaction for the borrower, Gorman, Inc., through its relationship with TCF Bank.

Freeport Distribution Center

Freeport Industrial Center reaches full occupancy

Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease  at Freeport Industrial Center, 5502 W. Buckeye Ave.   Elontec, an award-winning, woman-owned office furniture, relocation and cabling company, will consolidate its operations and relocate its corporate headquarters to the property. This lease brings the 103,400-square-foot Freeport Industrial Center to 100 percent occupancy.

Elontec has leased 28,231 square feet of space, which is an expansion for the company. Elontec plans to relocate in October from its current corporate headquarters at 5402 W. Roosevelt St.  The company will be consolidating two spaces that total approximately 24,000 square feet and moving operations to Freeport Industrial Center.  Elontec will be hiring additional workers as part of the expansion.

“This space sat vacant for more than 18 months before we were enlisted to market the property,” said Justin LeMaster of Cushman & Wakefield . “Based on our strategic marketing approach and relationships in the brokerage community, we were able to completely negotiate the deal  within two weeks of receiving the assignment.”

LeMaster, Mike Gilbert and Paul Sweetland, SIOR, of Cushman & Wakefield’s industrial division represented the landlord, Environmental Development of San Diego.

Ted Liles of Cresa represented Elontec.

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Bioscience innovators will pitch at White Hat Investors

Bioindustry Associations from across the Rocky Mountain Southwest Region are coming together to present an opportunity for Angels, Venture Capitalists and Strategic Investors to connect with the biotech and healthcare investment opportunities from across the Rocky Mountain Southwest states at White Hat Investors 2014 in Phoenix, Arizona on September 17 and 18, 2014.

“The West was won by innovators, investors, and prospectors who understood the value of discovery and accepted the challenge of investing in new frontiers,” shared Joan Koerber-Walker, president and CEO of the Arizona Bioindustry Association (AZBio). “Now, industry leaders and accredited investors have the opportunity to meet a new generation of biotech and healthcare pioneers at White Hat 2014, the first annual biotech and healthcare investor conference that showcases the best of the Rocky Mountain Southwest Region.”

White Hat Presenting Companies were selected from the region’s emerging innovation leaders in the fields of Diagnostics, Therapeutics, Medical Devices, and Health IT. Presenting companies are developing lifesaving and life improving innovations that will benefit people today and for generations to come while addressing some of our greatest health challenges including cancer, cardiovascular and pulmonary disease, neurological disorders, infectious disease, and more.

On September 17th, over 400 life science industry leaders will gather to view a company showcase, browse a student discovery zone and listen to presentations from local life science entrepreneurs on the BioAccel Best of the Best Stage from 3:00 p.m. – 6:00 p.m. in the North Ballroom of the Phoenix Convention Center. Free and open to the general public, it presents an opportunity for members of the community to connect with the region’s fastest growing innovation sector. The public pre-event will be followed at 6:00 p.m. by the AZBio Awards gala (registration required) honoring life science pioneer Roy Curtiss, III, PhD; Charles Arntzen, PhD, the Arizona State University Researcher who, with his team, played a key role in the development of ZMAPP, the experimental Ebola drug given to two health workers who were sickened by the deadly virus earlier this year; W.J. “Jim” Lane, Mayor of the City of Scottsdale for his work in developing the Scottsdale Cure Corridor; innovative educator Miles Orchinik, PhD of the School of Life Sciences at Arizona State University; Jack B. Jewett of the Flinn Foundation for leadership of the longest running statewide bioscience development initiative in the United States; emerging technology leaders SenesTech, Pinnacle Transplant Technologies, and Cancer Prevention Pharmaceuticals along with the 2014 Arizona Bioscience Company of the Year, Insys Therapeutics, Inc.

White Hat events continue on September 18th at the Hyatt Regency in downtown Phoenix with presentations by privately-held life science companies presenting to attending representatives of family offices, investment funds, corporate investment/business development professionals for life science oriented firms (strategic investors), granting foundations, venture capital firms, and accredited investors. In addition to great company presentations in the areas of Medical Devices, Diagnostics, Therapeutics and Health IT, White Hat includes THREE general sessions featuring panel discussions on the investment environment from the perspective of Angels, Strategic Investors, and VCs.
Presenting Companies were selected from the Rocky Mountain Southwest’s emerging innovator leaders in the fields of: Diagnostics, Therapeutics, Medical Devices and Health IT and include:

• Aviratek, LLC
• Breezing
• Calimmune, Inc.
• CardioCreate, Inc.
• Convoy Therapeutics
• DiscGenics
• Elutin Vascular Inc.
• EndoShape, Inc
• Fluonic
• Imagenonics LLC
• Iron Horse Diagnostics
• INanoBio
• Kalos Therapeutics
• Kulira Technologies
• Meditope Biosciences, Inc.
• MSDx
• NeuroRecovery Technologies, Inc.
• NuvoMed
• NuvOx Pharma
• Pediatric Bioscience, Inc
• Portable Genomics, Inc.
• MedTalk Companion (Real Phone Corp)
• Recursion Pharmaceuticals
• RiboMed Biotechnologies
• Savoy Pharmaceuticals
• SenesTech
• Skylit Medical
• Sonoran Biosciences
• T-MedRobotics
• Valley Fever Solutions
• ValveXchange
• ViroCyt
• VisionGate
• Yolia Health

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Az Business honors Most Admired Companies

BestCompaniesAZ and Az Business magazine honored 40 companies at the 2014 Arizona’s Most Admired Companies award reception on September 11, 2014 at the Westin Kierland Resort.

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Arizona’s Most Admired Companies are selected based on how a company has performed in the following areas: workplace culture, leadership excellence, corporate and social responsibility, customer opinion and innovation. Five companies were recognized with a “spotlight” award for each of the five categories.

CONGRATUALTIONS!

The five spotlight awards winners are:

Customer Opinion: Cresa
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Quality Leadership: Kitchell
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Social Responsibility: Vanguard
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Innovation: Laser Spine Institute
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Workplace Culture: GoDaddy
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“This is the most comprehensive and prestigious corporate awards program in Arizona because it recognizes the contributions and impact these ‘most admired companies’ bring to our state,’” says Denise Gredler, co-founder of the Most Admired Companies Program.

“These companies truly exemplify what it means to be a good corporate citizen,” says Cheryl Green, publisher of Arizona Business Magazine. “MAC winners consistently show strong leadership, a commitment to the communities in which they operate and concern for their employees and customers.”

This year’s presenting sponsors included Dignity Health of Arizona, National Bank of Arizona and Thunderbird International School of Global Management. Additional Event Sponsors include Charles Schwab, Progrexion, Ryan and Shutterfly.

The 40 companies named Most Admired Companies for 2014 were:

Adolfson & Peterson Construction
Alliance Residential Company
American Express
Arizona Diamondbacks
AXA Advisors
Banner Casa Grande Medical Center
Cancer Treatment Centers of America
CBRE, Inc.
Charles Schwab
Cresa Phoenix
Desert Diamond Casinos and Entertainment
DIRTT Environmental Solutions
Fennemore Craig
GoDaddy
Goodmans Interior Structurs
Grant Thornton
Harrah’s Ak-Chin Casino Resort
Homeowners Financial Group
Hyatt Regency Phoenix
Infusionsoft
International Cruise & Excursions, Inc.
Kitchell
LaneTerralever
Laser Spine Institute
Mayo Clinic
Miller Russell Associates
National Bank of Arizona
Phoenix Children’s Hospital
Quarles & Brady
Rider Levett Bucknall
Ryan, LLC
Scottsdale Lincoln Health Network
Shutterfly, Inc.
Sonora Quest Laboratories
Sundt Construction
The CORE Institute
Telesphere
UnitedHealthcare of Arizona
University of Advancing Technology
Vanguard

Coronado Commons, courtesy of Architectural Resource Team, Inc.

Future Coronado Commons sold to SRM Development

Cashen Realty Advisors announced the sale of a 1.37-acre residential parcel located at 329 E. Coronado Road in the Alvarado Historic District Area of Phoenix. The parcel is zoned R-4 and has approved plans for 20 three-story townhome units. The property, destined to be the Coronado Commons, sold for $1,323,000 and is one of the first projects approved under the new City of Phoenix Urban Infill Program. Unit sizes are between 1,779 SF and 2,330 SF and construction costs are estimated to be $3.6M.

 

The seller in the transaction was the Gutkin Family represented by Josh Landers of Commercial 33 Brokerage in Phoenix. The buyer in the transaction was SRM Development, principals Mike Smith and Don Allison. The buyer was represented by Cashen Realty Advisors.

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Alter Asset Management named PM for Corridors

Alter Asset Management (AAM) has been awarded the contract to provide comprehensive property management services for the 80-acre Corridors – Phoenix mixed-use park.  Comprising four buildings totaling 164,410 SF, the park was recently acquired by Adler Realty Investments, Inc. Samuel F. Gould, President of AAM, made the announcement.

Adler Realty Investments, Inc. (Adler) is a real estate investment firm with over $750 million in acquisitions since its inception in 1996. Adler’s real estate portfolio currently consists of over 3 million square feet of office, retail, industrial and multi-family residential properties as well as land for development throughout the western United States.

“We are delighted to acuire buildings of this caliber and wanted to maintain the high level of care to our tenants,” said Alan Sher, Executive Vice President, Adler Realty Investments, Inc. “Alter Asset Management’s staff led by Judy Privett, Vice President of the Western Region, has been superb through the acquisition process, providing due diligence expertise and assuring continuity of service to our tenants.”

We are excited to continue to be the stewards of the Corridors-Phoenix portfolio,” said Gould. “The park continues to attract entrepreneurial and Fortune 500 businesses and it shows no sign of abating. Phoenix is expected to add 53,000 jobs annually between now and 2016, driving demand for Class A office space in the strategic Deer Valley submarket.”

Located on the southeast corner of I-17 and Pinnacle Peak Road, Corridors is just two freeway exits north of the Loop 101 Freeway.

Established in 1971, Alter Asset Management provides third-party property management and leasing services in selected markets for private investors. institutional and corporate , including such renowned firms as Northern Trust Bank, Harrison Street Real Estate, Sentinel Real Estate Corporation, and Washington Capital Management.