mike haenel Archives

Former Young’s Market industrial property sells for $5.5M

200 S. 49th Ave Photo

Cushman & Wakefield has announced the $5.5 million sale of an industrial facility at 200 S. 49th Ave. Evergreen Industrial Properties, LLC, of California purchased the 114,871-square-foot building from California-based Young’s Holdings, Inc. (Young’s Market Company). Constructed in 1989, the property was previously a warehouse and office facility for Young’s Market Company in the heart… Read More →

Ace Vending purchases $3.6M building in Gilbert

by in AZRE Magazine | Brokerage | In The Spotlight

Cushman & Wakefield has announced that Ace Vending has purchased an industrial building at 335 S. Hamilton Court in Gilbert, AZ, for $3.6 million. Andy Markham, SIOR, Mike Haenel, Will Strong and Phil Haenel of Cushman & Wakefield represented Ace Vending in the acquisition. Steve Larsen of Jones Lang LaSalle represented the seller, Arizona-based Bell Holdings… Read More →

DTZ completes sale of Tharco Freeport Distribution Center


DTZ, a global leader in commercial real estate services, announced that Bixby Land Company purchased Tharco Freeport Distribution Center, 640 S. 51st Ave. in Phoenix’s Southwest submarket. Pacifica Real Estate Group sold the 108,287 square foot institutional quality industrial distribution center for $8.1 million. The building is fully leased to Tharco, one of the largest… Read More →

Wentworth Property Company announces West 80 plans

West 80 rendering, courtesy of DTZ.

DTZ announced May 21 it has begun to market West 80, a ±379,635 SF, for-lease, speculative development by Wentworth Property Company (WPC). Located on the southeast corner of 80th Avenue and Buckeye Road in Phoenix, WPC plans to break ground on the industrial distribution center before year-end with delivery in 2016. DTZ Executive Managing Directors Andy… Read More →

ViaWest purchases fourth Southwest industrial property

Riverside Industrial

ViaWest Group announced a new addition to its expanding portfolio, with the recent successful acquisition of the 72,129 SF multi-tenant industrial building located at 77 N. 45th Ave. in the heart of southwest Phoenix. Phoenix-based ViaWest Group paid $3.07M on the acquisition. This is the fourth acquisition in ViaWest’s new fund focused on the purchase… Read More →

LNR Partners completes sale of properties at Cotton Center

Cotton Corporate Center I

DTZ announced that LNR Partners, LLC has closed two investment sale transactions involving a total of ±264,000 square feet of office and flex office space within the prestigious Cotton Center business park. The purchaser was a joint venture formed by True North Management Group (White Plains, NY) and Crown West Realty, LLC (a Phoenix-based subsidiary of… Read More →

Native Grill & Wings leases test kitchen space in Chandler

Native Grill & Wings, Gavelston Tech

The ViaWest Group announced today that Native Grill & Wings has signed a 10-year lease for approximately 5,825 SF of office/test kitchen space in the 6825 W. Galveston street building in Chandler. The project, referred to as Galveston Tech, is comprised of one Class-A flex-office building totaling 74,525 SF and with this transaction and other… Read More →

Ryan West Business Park sells for $14.59M

8313 Latham, WEB

Cassidy Turley announced today that a subsidiary of Cohen Asset Management purchased Ryan West Business Park, a ±242,863 square foot warehouse distribution building at 8313 Latham in Tolleson for $14,591,460 from EG Properties, LLC. Ryan Companies US, Inc’s (Ryan) Real Estate Management group was the asset manager for the seller and will continue to serve… Read More →

Cohen purchases industrial portfolio for $29M

3701 E  University Drive
by in AZRE Magazine | Brokerage | Featured

Cassidy Turley announced today that Cohen Asset Management purchased a three-property, high-tech industrial portfolio in Phoenix for $29 million from Alliance Commercial Partners (ACP). Will Strong, Mike Haenel and Andy Markham, SIOR of Cassidy Turley procured the investment sale transaction, bringing the buyer, Cohen, and the seller, ACP together. The portfolio includes three 100% NNN… Read More →

NAIOP Arizona’s Developing Leaders Pairs Veterans With Young Professionals

NAIOP Arizona's Developing Leaders - AZRE Magazine September/October 2011
by in Associations

NAIOP Arizona’s Developing Leaders mentoring program designed to pair veteran and young CRE professionals to bolster the industry For a group that has yet to commemorate its first class, NAIOP Arizona’s Developing Leaders mentoring program has some fairly heady goals. That’s evident by its mission statement: * To Improve the communities in which we develop,… Read More →

NAIOP-AZ Mike Haenel A Major Player In Future Of State's CRE Industry

Mike Haenel, Chairman, NAIOP - AZRE Magazine September/October 2011
by in Associations

NAIOP-AZ chairman Mike Haenel a major player in the organization and in the future of state’s CRE industry For 26 years, Mike Haenel, executive vice president for Cassidy Turley/BRE Commercial Industrial Group, has been successful marketing industrial and back-office land and building space in Arizona. In the early 1990s, he even did a brief stint… Read More →

How Legal Issues Will Affect The Commercial Real Estate Industry Recovery, 2012

Commercial Real Estate Industry - AZRE Magazine September/October 2011
by in Finance & RE Law

How Legal Issues Will Affect The Commercial Real Estate Industry Recovery, 2012 Arizona legislators packed the recent regular session with 357 new bills covering everything from food stamps to firearms. But barely a handful will directly impact the state’s commercial real estate industry in 2012, and even those not significantly, says Greg Harris of Lewis… Read More →

NAIOP Roundtable 2011

NAIOP Roundtable 2011 - AZRE Magazine September/October 2011
by in Associations

NAIOP Roundtable 2011 The commercial real estate industry is clearly recovering. Companies are absorbing vacant space, build-to-suit development is active and abundant capital is pursuing core real estate. The key question remains, however, how do we compare with the other major markets when it comes to job and population growth? In short, when will the… Read More →

NAIOP Roundtable 2010: Q&A With Members of NAIOP

NAIOP, AZRE Magazine September/October 2010
by in Associations

NAIOP Roundtable 2010: Q&A With Members of NAIOP Members of NAIOP-AZ sat down with AZRE magazine in a roundtable discussion, discussing the state of the local commercial real estate industry. NAIOP Roundtable 2010 Participants: 1 — DW: Deron Webb, Managing Principal, Wentworth Webb & Postal 5 — BM: Bob Mulhern, Managing Director Greater Phoenix, Colliers… Read More →