Tag Archives: Jackie Orcutt

Jerry Noble and Jackie Orcutt

Noble, Orcutt named market leaders for Cushman & Wakefield

Cushman & Wakefield Inc. has named Jerry Noble and Jackie Orcutt as Market Leaders of its Arizona operations in Phoenix. Noble and Orcutt have previously served as leading commercial real estate professionals for C&W in Phoenix.

“We could not be more pleased with our decision to entrust our Phoenix operations to Jerry and Jackie,” says Joe Cook, chief operating officer, US Markets for Cushman & Wakefield. “They each possess extensive knowledge of the local market and have demonstrated the highest degree of professionalism within the industry.  Their commitment to the success of Cushman & Wakefield in Arizona positions our company for dynamic growth in the market as we align and expand our services around our Investor and Occupier clients.”

Noble, market leader and managing broker, is a recognized leader in office properties brokerage with more than 17 years experience in the Phoenix market. He joined Cushman & Wakefield in 2013 after having served as First Vice President at CBRE and as Vice President with Trammell Crow Company. Recognized as one of the city’s leading office properties experts, Noble has experience with sales, leasing, valuation, and buyer representation. He is a board member of the Arizona SIOR Chapter, and is a member of local NAIOP and CCIM Chapters. In his new capacity, Noble will manage the brokerage divisions of Cushman & Wakefield of Arizona.

Jackie Orcutt, market leader, investor services, one of Cushman & Wakefield’s leading industrial properties specialists, worked at CBRE for five years before joining the company in 2011.  The company recognized her nationally in 2013 with receipt of the Rising Star award. She has been named as one of the “40 under 40” most influential people in commercial real estate, and recognized as one of the 20 most influential women in the industry. During her career, Jackie has represented leading owners of institutional industrial product in sales and leasing transactions. Orcutt is a board member of AZCREW, serves in leadership for NAIOP and has worked on the ULI Partnership Forum. In her new capacity, Orcutt will manage the company’s property management division and have responsibility for integrating and delivering management, agency leasing, and capital markets services to property owners and investors.

Noble and Orcutt will continue their work in office properties and industrial properties brokerage in addition to their management roles. The two leaders will serve as the senior management team for the company, along with recently hired director of operations, Stephanie Sandro.

Granite Commerce Center

Laminate company renews 16KSF lease at Granite Commerce Center

Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease renewal at Granite Commerce Center, 405 N. 75th Ave., Suite 180, for a lamination distribution company.

The lease renewal of 15,988 square feet is for USI Inc. of Madison, Conn. USI  markets roll and pouch laminating machines and films, binding equipment and supplies and many other office accessories including photo ID systems and mounting and display boards.

“The Southwest Valley industrial submarket is one of the most desirable in Metro Phoenix for USI’s business,” said Keri Scott. “USI decided to continue its operations at Granite Commerce Center because of its proximity to major freeways so it can service clients in adjacent states.”

Scott, Jackie Orcutt and John Grady of Cushman & Wakefield represented the tenant, USI. Kyle Westfall of JLL represented the landlord, Crow Holdings of Dallas.

Jabil Circuit, CushWake, WEB

Former Jabil warehouse sells for $11.4M

Cushman & Wakefield of Arizona, Inc. negotiated the $11.4 million sale of a former electronics manufacturing/warehouse building at 615 S. River Dr.

The 193,000-square-foot property was built in 1982, expanded in 1994 and expanded again in 1997. It includes 176,000 square feet of fully air-conditioned manufacturing and warehouse space and 17,000 square feet of office space. It sits on 16.5 acres with direct frontage on the Loop 101 and close proximity to the Scottsdale and Chandler submarkets.

“EverWest Real Estate Partners and CarVal Investors will reposition the property as creative office space and will fill the void felt by the many tech-related users in the market seeking modern, collaborative office environments with above-standard parking,” said Chad Littell.

“We are excited about the opportunity this building will bring to the market. Upon completion of the renovations, the property will offer high-tech creative office space with a 7:1 parking ratio in a thriving and high-demand large user market,” said Curt Kremer, Managing Director  – Acquisitions with EverWest Real Estate Partners.

Littell, Chris Toci, Jackie Orcutt and John Grady of Cushman & Wakefield of Arizona collaborated with John Boyd of Signature Associates in Michigan, a Cushman & Wakefield affiliate, and Tim Callahan of Cushman & Wakefield Florida, to represent Jabil.  The buyers are EverWest Real Estate Partners and CarVal Investors.  Jerry Noble, Ryan Bartos and Orcutt of Cushman & Wakefield will be retained to handle the leasing.

St. Petersburg, Fla.-based Jabil announced it would close the facility last September. Jabil moved into the building in 2005 when it took over an electronics manufacturing business.

Jackie Orcutt named Rising Star

Jackie OrcuttJackie Orcutt, Director of Industrial Properties at Cushman & Wakefield of Arizona, Inc., was named 2013 Rising Star at C&W’s Industrial Conference in New Orleans.

The award is given annually by Cushman & Wakefield’s Industrial Services Group to the rising star in the business that has raised their production and profile over the past year.

“Jackie was chosen from a list of many,” said John C. Morris, Executive Managing Director | C&W Industrial Services Lead for the Americas. “We are so proud of her progress and impact, and we are excited about watching her continue to excel. She is an important part of our future in Phoenix.”

Jackie Orcutt awardOrcutt joined C&W of Arizona in 2011. In 2013 she helped negotiate 96 transactions (69 in Arizona and 27 nationally) totaling 2.945 million square feet. The largest single transaction was representing Alliance Commercial Properties and American Realty Advisors in the lease of 147,486 square feet to Origami Owl in Chandler.

“It has been an honor to work with such incredible talent within Cushman & Wakefield – both locally and nationally,” Orcutt said. “I am grateful for the recognition and for the opportunity to grow our client relationships with the support of the C&W platform.”

Orcutt is a board member with AZCREW, is on NAIOP Arizona’s Best of NAIOP committee, the ULI Partnership Forum program and is a member of C&W’s Future Leaders Group.

Orcutt was named to Arizona Business Magazine’s Generation Next Forty Under Forty, and was a nominee in the brokerage categories for the RED Awards and Best of NAIOP.

CoStar

Nexius Solutions Relocates to Gilbert

Cushman & Wakefield of Arizona, Inc. helped negotiate the relocation of Nexius Solutions to a 20,982-square-foot facility at 377 S. Hamilton Court.

Nexius Solutions, which provides end-to-end wireless services to prominent carriers and data-driven industries, will relocate from 2601 S. 37th St. in Phoenix. Nexius takes occupancy this month.

“The new site for Nexius provided them better access to their customers,” said John Grady. “Also, occupying the entire freestanding building was appealing to the company.”

Grady and Jackie Orcutt of Cushman & Wakefield represented the tenant. Eric Jones of Commercial Properties represented the landlord.

AZCREW Q&A: Jackie Orcutt, Associate Director, Cushman & Wakefield

Screen Shot 2013-07-26 at 11.12.17 AMQ: Professionally, what does it mean to you to be a member of AZCREW?

A: Commercial real estate is a wonderful field in which to work, but it is no secret that historically there have been far fewer women in the industry than men. My membership has introduced me to so many inspiring people — men and women alike — who have professional goals similar to my own. What I love most about being an active member is the ability to collaborate with accomplished real estate professionals, learn from some of the best women in the industry, and participate in an outstanding national organization dedicated to promoting education and civic service.

Q: What about AZCREW do you find to be most rewarding?

A: I start every day with a list of items that I know I need to accomplish in order to meet the promises I have made to clients and colleagues. Unfortunately, business development always seems to take a back seat to deals in progress, or crucial client meetings. However, what I love about being a member of AZCREW is that you can count on networking and developing your business relationships by simply dedicating an hour or two of your week to attending the luncheons, special events or committee meetings. The interaction with members always leads to a deeper relationship with industry leaders which in turn fosters business development.

Q: Was there an “aha moment” when you realized being a member was invaluable?

A: I remember attending my first committee meeting 3 years ago. I sat at a small conference table surrounded by incredible members who were highly recognized in the industry: Mindy Korth (CBRE), Vicki Williams and Ericka LeMaster (Alliance) to name a few.  As I listened to them brainstorm about the hot topics in commercial real estate I realized I had so much more to learn about my own profession. Instantly I was excited to be actively involved in planning programs that would provide educational opportunities to our members and local commercial real estate professionals.

Cushman & Wakefield - Female Force

Cushman & Wakefield's Female Force Helping To Integrate The Industry

The commercial real estate services industry continues to be led predominantly by men. However, the field has significantly changed in the past 10 years as more women achieve success in this traditionally male-dominated industry.

Nowhere is this more evident than Cushman & Wakefield’s Phoenix office, where 21% of the company’s local professionals are now women. This compares to just 9% a decade ago.

“Having a diverse workforce is fundamental to the future success of Cushman & Wakefield; and for that matter, must be for any company that truly understands the marketplace today,” says Tom Johnston, senior managing director for the company.

“For years, Cushman & Wakefield has embraced the principal that the makeup of its workforce must reflect that of its customer base,” Johnson adds. “In addition, women bring a unique perspective to the table that we are able to leverage in every transaction and even every day to day encounter we have with the public, allowing us to deliver a unique and superior level of customer satisfaction.”

CW-Cathy-TeeterCathy Teeter, director and senior operations manager, serves as the highest ranking female in the office. For the past 25 years she has overseen the financial, administrative and human resources operations. Teeter is a recognized leader on a number of national committees and training programs. She stands out in Phoenix and beyond, having been honored twice with the Cushman & Wakefield Operations Manager of the Year and Staff Professional of the Year awards for the Americas.

CW-Jo-DanceJo Dance, MAI, SRA, CCIM serves as managing director/regional director of Valuation and Advisory, covering Arizona and New Mexico. Actively involved in commercial and residential real estate since 1986, Dance was the recipient of the 2011 Cushman & Wakefield Valuation & Advsisory National Quality Award. She is a member of the Governor-appointed Arizona State Land Department Board of Appeals, as well as an active member of AZCREW, NNCREW, Lambda Alpha Land Economics Society, Appraisal Institute and CCIM Institute.

CW-Kathleen-HolmesKathleen Holmes, MAI, RPRA, MRICS is a leader in Valuation and Advisory as senior managing director, and Government Practice Group Leader. Holmes utilizes more than 25 years of real estate appraisal experience that’s blended with a background in banking and federal government work to create a unique skill set. Her role is to serve government clients throughout the national in their valuation and advisory needs.

CW-Stephanie-RinardStephanie Rinard also works in Valuation and Advisory. She joined Cushman & Wakefield in 2011 as an Intern while she earned her Master of Real Estate Development degree at ASU. She was hired this past May as a staff appraiser. Rinard earned her Certified General Appraisal license in Ohio. Rinard offers a variety of skills, especially preparation of feasibility studies including market analysis to provide land use and development recommendations.

CW-Patti-FarinaPatti Farina, LEED AP, RPA, serves Cushman & Wakefield clients as senior portfolio manager in Corporate Occupier and Investor Services. Farina brings more than 16 years of experience to her position. Her responsibilities encompass all aspects of property management for office, retail and industrial properties. These duties include client relations, broker relations, financial review, capital and tenant improvements, as well as tenant retention.

The remaining Cushman & Wakefield female professionals can be found in the growing brokerage division of the company. They work in leasing and sales, applying their skills to all product types.

CW-Summer-DavisSummer Davis, senior associate in Retail Services, has worked both in brokerage and for retail corporations. Her leadership in the International Council of Shopping Centers, as well as her role in Cushman & Wakefield’s Future Leaders program enhances her representation of landlords and tenants.

CW-Courtney-AutherCourtney Auther Van Loo also works with retail tenants and landlords, providing more than seven years of experience to her clients. She’s worked with leading landlords such as Evergreen Development and Pacific West Land, as well as retailers such as Bashas’ Inc. and Dutch Bros Coffee.

CW-Chelsea-MaddoxChelsea Maddox, senior associate in Office Leasing works with tenants and buyers throughout Arizona. Maddox has worked with such tenants as OnTrack Tutoring, Grayhawk Pediatrics and Precision Endodontics. She is actively involved in NAIOP, AZCREW, ULI and the National Association of Professional Women, as well as Cushman & Wakefield’s Future Leaders

CW-Jackie-OrcuttJackie Orcutt, Associate in Industrial Properties works alongside powerhouse brokers Bo Mills, Mark Detmer and Will Strong. This top-producing team utilizes Orcutt’s background in Economics and Business Psychology to enhance their performance. Since starting her career in 2007, Orcutt has been involved in more than 47 lease transactions, 12 building sales and the sale of approximately 34 acres of land. She is part of the AZRE Brokerage Team of the Year 2011 and the COStar Power Broker 2011. Orcutt also actively participates in AZCREW, ULI, and NAIOP. She also is part of the Westmarc Economic Development Committee.

CW-Tara-LewisCushman & Wakefield’s most recent female addition joined the Multifamily Advisory Group. Tara Lewis now serves as an associate with the team of Jim Crews, Brett Polachek and Jillian Lysakowski. Armed with a BBA in Finance and an MBA from ASU, Lewis will work with the group to do business development, market research and financial analysis.