Tag Archives: NAIOP Arizona


Dan Patrick headlines NAIOP Arizona event

Millions listen to Dan Patrick daily, now NAIOP Arizona has made it possible to you to hear him in person.

NAIOP Arizona’s annual Signature Speaker Series Event will feature Patrick, one of the most accomplished, popular and versatile commentators in sports media. The event takes place April 30 from 3 p.m.-7 p.m. at the Arizona Biltmore, A Waldorf Astoria Resort, 2400 E Missouri Ave, Phoenix, AZ 85016.

There will be a special opening by Arizona Diamondbacks President and CEO Derrick Hall.

Patrick is a Sports Emmy-winning sportscaster, radio personality and actor. He currently hosts The Dan Patrick Show broadcast on radio on Premiere Radio Networks and on television on NBCSN as well as The Audience Network for DIRECTV subscribers. He also currently co-hosts NBC’s Football Night in America and serves as a senior writer for Sports Illustrated. He previously worked at ESPN for 18 years, where he often anchored the weeknight and Sunday 11 p.m. edition of SportsCenter.

Patrick has also made cameo appearances in many movies and TV shows, thanks in large part to his longtime friendship with actor Adam Sandler.

NAIOP Arizona is the trade association representing the commercial real estate industry in Arizona. Its members enjoy premier networking events, quality educational programs and political action.

For Inquiries please email rsvp@naiopaz.org.

first solar

Bill prohibiting energy usage report fines passed

A bill supported by NAIOP Arizona and a coalition of 10 other industry groups prohibiting a municipality from requiring an owner, operator or tenant of a business, commercial building or multifamily property from  measuring and reporting energy usage and consumption or face a fine was signed by Gov. Doug Ducey.

SB 1241, sponsored by Sen. Nancy Barto, R-Phoenix, and amended by Rep. Warren Petersen, R-Gilbert, pre-empts cities from enacting this type of mandatory reporting. Ducey signed the bill on Monday.

“These types of costly energy reporting ordinances are hard to comply with as they force property owners to collect information for dozens of tenants who view this type of information as private or proprietary,” said Tim Lawless, President of NAIOP Arizona.

Lawless said this information also can be used by interest groups to “shame” building owners, leading to a movement to mandate expensive retro-fit improvements for facilities that can hold up the sale of buildings. “These proposals have a chilling effect on economic development,” Lawless said.

In January, the City of Phoenix considered a draft ordinance that would mandate owners of buildings more than 50,000 square feet report their energy usage on a government website or face a Class 1 misdemeanor and pay a fine of not less than a $500 for every instance there is a violation.

According to the draft, the ordinance would have affected 1,398 buildings and would have been similar to energy reporting in Austin, Boston, Chicago, Washington D.C., New York, Philadelphia, San Francisco, and Seattle.

“We do not have a problem with a voluntary energy reporting system,” Lawless said. “Some of our members who specialize in LEED would welcome that. In short, the market should dictate energy efficiency and the market is already going in that direction as younger professionals prefer these working environments.”

Chris Toci of Cushman & Wakefield of Arizona, Investment Broker of the Year, 2014 Best of NAIOP Arizona awards event at the Arizona Biltmore. Courtesy of Peter Madrid, Cushman & Wakefield.

Best of NAIOP’s 2014 winners announced

Kurt Rosene

Kurt Rosene

Kurt Rosene, head of NOVO Development, was honored with the Award of Excellence at the 2014 Best of NAIOP event at the Arizona Biltmore.

Prior to helping found NOVO, Rosene directed land property development throughout North America for The Alter Group. While with Alter, Rosene oversaw more than 5 million square feet of real estate in the Southwestern U.S. and directed build-to-suit and property development activities as well. In addition, he was responsible for business development and the coordination of real estate services for Fortune 500 blue-chip corporate clients throughout the U.S.

NAIOP Arizona’s Award of Excellence, formerly the Lifetime Achievement Award, is awarded by the Arizona Chapter Board of Directors on an annual basis at the Best of NAIOP event.  The criteria for the recipient is an individual who has made a significant, positive impact on the office and industrial commercial real  estate market in Arizona over a period of no less than 15 years, as well as their direct volunteer contribution to the chapter.

The Freeport-McMoRan condo acquisition won the Talk of the Town Award. In November 2014, American Realty Capital Properties purchased the Class A office condominium under lease by Freeport-McMoRan Copper & Gold. Negotiations included working with the city of Phoenix. The selling price was $110 million.

The event, organized by NAIOP Arizona, was attended by more than 900 commercial real estate professionals.

2014 Best of NAIOP Arizona winners:

Owner/Developer of the Year
Liberty Property Trust

NAIOP Firm of the Year
Ryan Companies US, Inc.

Architect of the Year
Butler Design Group

Interior Architect of the Year
Phoenix Design One

General Contractor of the Year
Ryan Companies US, Inc.

Tenant Improvement Contractor of the Year
Willmeng Construction, Inc.

Office Broker of the Year
Tom Adelson, Jim Fijan, Jerry Roberts, Corey Hawley, CBRE

Industrial Broker of the Year
Mike Haenel, Andy Markham, Will Strong, DTZ

Investment Broker of the Year
Christopher Toci, Cushman & Wakefield

Healthcare Broker of the Year
Kate Morris and Vince Femiano, CBRE

Tenant Representative Broker of the Year
Pat Williams, JLL

Emerging Broker of the Year
Ryan Timpani, Colliers International

Rookie Broker of the Year
Peter Bauman, Colliers International

Industrial Build-to-Suit of the Year
American Furniture Warehouse

Industrial Tenant Improvement of the Year
Macy’s Fulfillment Center Expansion (Goodyear)

Office Build-to-Suit of the Year
GoDaddy Global Technology Center

Office Tenant Improvement of the Year (50k SF or less)
Vemma Nutrition Company

Office Tenant Improvement of the Year (51k SF or More)
GoDaddy Global Technology Center

Economic Impact Project of the Year
SkySong, The ASU Scottsdale Innovation Center

LEED Certified Project of the Year
Garmin International, Chandler

Medical Office Project of the Year
Southeast Veterans Affairs Health Care Clinic

Mixed-Use Project of the Year
Discovery Business Campus

Redevelopment Project of the Year
Leslie’s Pool Mart, 2005 Indian School

Spec Industrial Project of the Year
Airport I-10 Business Park

Spec Office Project of the Year
SkySong 3

Transaction of the Year
Chandler Viridian by Hines

NAIOP Arizona’s Aware of Excellence
Kurt Rosene, Novo Development

Brokerage Company of the Year

Committee of the Year: Communications (Steven Schwarz, ViaWest; Danielle Feroleto, Small Giants; Kassandra Bruhn, SimonCRE; Peter Madrid, Cushman & Wakefield of Arizona)

Principal Member of the Year
Tammy Carr, Balfour Beatty Construction

Developing Leader of the Year
Chris Marchildon, CBRE

NAIOP Arizona’s Sign Sponsor of the Year
Trademark Visual, Inc.

Photo of Thursday Night Live, courtesy of NAIOP

NAIOP-AZ release year-end report

From philanthropy to tackling key issues affecting the industry to education and networking, NAIOP Arizona reports that its more than 700 members closed out a successful 2014.

Events such as Night at the Fights, the new Signature Speaker Series, Thursday Night Live, the quarterly Market Leaders Series and the golf tournament attracted more than 3,500 attendees combined.

The 2014 Dream Team program fed more than 5,600 homeless people in downtown Phoenix as teams from 13 NAIOP Arizona member firms volunteered on Friday afternoons during the year.

Tom Johnston was named 2015 chairman, succeeding Megan Creecy-Herman, the first female chairman of NAIOP Arizona and the youngest person in the country to hold that title.

“It (2104) was another successful year for NAIOP Arizona as we held more than 40 events focused on everything from education to volunteerism,” said Creecy-Herman. “We had 90 corporate sponsors in 2014, the most in our chapter’s history. This demonstrates the value that our industry sees in NAIOP Arizona.”

When it came to issues affecting NAIOP Arizona, the organization was just as vocal and proactive.

As the chapter made education a priority, NAIOP Arizona continued its partnership with Arizona State University’s Masters of Real Estate Development (MRED) program. A number of NAIOP members taught a practicum class throughout each semester via a case study or with a panel of experts.

The chapter also revamped its mentorship program, which selected 12 new, young professionals this past fall for its fourth annual class. That program helps educate Developing Leaders (members 35 and under) by pairing them with industry veterans to learn about the commercial real estate development industry.

“The chapter is in great shape and we look forward to another fantastic year with our signature events, an enhanced mentorship program and creating a philanthropic foundation,” Johnston said.

Arizona Health Care Cuts, AHCCCS

NAIOP Arizona announces opposition to Prop 480

The NAIOP Arizona board of directors has unanimously opposed Prop 480, an item on the Nov. 4 general election ballot that asks Maricopa County voters to approve a $1.4 billion general obligation bond over 27 years for the Maricopa Integrated Health System (MIHS).

If passed, Prop 480 would be the third largest bond issuance in Arizona history, according to the Arizona Tax Research Association (ATRA), the group spearheading the effort to defeat the proposition.

The NAIOP board could have supported a narrower bond request focused more on the behavioral health component and replacement of the Level One Trauma Center and Arizona Burn Center, NAIOP-AZ President Tim Lawless said.

However, it is opposed to the bond issuance, which would pit a taxpayer supported institution against a number of private healthcare systems where there is much duplication of services and excess hospital beds that private payers must support within a relatively small geographic radius of about five miles.

“We are especially concerned about duplication and unfair competition with taxpayer money,” Lawless said. “While the proponents claim there are three discrete funding components, the wording of the ballot proposal seems far more open-ended regarding the purposes the monies can be used.

“The timing of the bond issuance is also troubling as there was a massive property tax shift from residents to businesses during the Great Recession and these same businesses are still struggling to recover,” Lawless added.

From fiscal year 2010 to fiscal year 2014, there was a 30 percent increase in property tax rates for businesses. If the bond passes, a typical small business with assessed valuation of $1 million will be paying $7,800 more over time in property taxes.

“We also believe patience is the watchword as we still are not certain of all the impacts of the Affordable Care Act, which was allegedly created to better meet the needs of the uninsured yet who are cited as the primary reason for the bond,” Lawless said. “Related to this, the state expanded Medicaid insurance to the poor to draw down more federal dollars and there appears to be an equity issue that only Maricopa County residents are being asked to pay for the MIHS services when these same taxpayers already pay $65 million per year.”

The point that proponents make where interest rates are near or at historic lows thereby decreasing overall costs seems valid until it is realized that the total cost of the bond ($935 million is the actual amount) with principal and interest will exceed $1.4 billion over 27 years.

The NAIOP board says it needs the Affordable Care Act provisions to be understood with all of the attendant costs associated with its implementation before Arizona embarks on the bond issuance where a new hospital and multiple clinics financed by taxpayer money are constructed only to compete against private hospital systems in an area that already has excess bed capacity and duplication of services. The costs will be shouldered by the same private payers.

“Our board has also set aside some level of funding for the opposition campaign formed by ATRA,” Lawless said of a $10,000 contribution to be made by NAIOP Arizona to the opposition campaign.

Cushman & Wakefield of Arizona staffers (l to r) Blaine Black, Bonnie Machen, Greg Valladao and Patrick Devine flip burgers on the grills at the Human Services Campus in Phoenix.

NAIOP Arizona reports philanthropic efforts, achievements

As part of its philanthropic efforts, NAIOP Arizona has fed almost 13,000 homeless people at the Human Service Campus near Downtown Phoenix and has raised thousands of dollars for Ryan House.

In 2013 NAIOP Arizona fed more than 10,000 homeless people as member firms volunteered on 12 Friday afternoons. Given the name “Dream Teams,” NAIOP Arizona members this year have fed almost 3,000 homeless people.

“One of our clients said, ‘It makes me feel like a Sunday BBQ at home with
my friends. I get to forget for an afternoon where I am and I am so thankful for the folks who give us that chance,’ ” said Margaret Kilman, Assistant Managing Director for HSC-Lodestar Day Resource Center.
“One of our staff members said the volunteers are always so excited to be here and it reminds us all why we do what we do every day. The folks we serve are so happy, too, and it is contagious,” Kilman said.

In 2010, NAIOP Arizona Chairman Todd Holzer said he felt it was necessary to make philanthropy a part of the group’s programming efforts. The board of directors approved the plan. In 2011, Chairman Mike Haenel continued the tradition with the help of the Developing Leaders.

“NAIOP Arizona created the ‘Dream Teams’ in 2013 to expand upon their feeding the homeless efforts,” said board member and 2013 Chairman Keaton Merrell. “Under (2014 Chairman) Megan Creecy-Herman’s leadership, the ‘Dream Teams’ continue with the goal of feeding another 10,000 homeless people.”

Another NAIOP Arizona philanthropic event is the Crawfish Boil. Formed by Chairman John DiVall in 2012, it raises money for Ryan House, which provides respite and palliative care to children with life-threatening conditions and, as needed, end-of-life care. The Crawfish Boil raised an estimated $10,000 this year.

NAIOP Arizona “Dream Team” members that have participated the past two years: Algodon Center, Atwell, Audio Video Resources, Butler Design Group, Capital Asset Management, Cassidy Turley, CBRE, American Realty Capital Properties, Inc., Colliers International, Corgan Associates; Cushman & Wakefield of Arizona, Deutsch Architecture Group, DIRTT Environmental Solutions, DLR Group, Erickson & Meeks Engineering, Hines, Balfour Beatty Construction, HSB, John F. Long Properties, JLL, Kraemer Consulting Engineers; Lawyers Title, LBA Realty, Legacy Capital Advisors, Liberty Property Trust, McCarthy Nordburg, McGrew Consulting Engineers, MW Real Estate, NAI Horizon, Phoenix Design One, PK Associates, Ryan Companies US, Security Title, Skanska, Small Business Finance; Small Giants, Smart Builders, Spectra Contract Flooring, Sperry Van Ness, The Alter Group, Transwestern, Tratt Properties, ViaWest Group, Ware Malcomb, Wells Fargo Bank, Whiting-Turner Contracting, and Willmeng Construction.

Keaton Merrell

NAIOP Arizona Elects New Officers, Board Members for 2013

The Arizona chapter of NAIOP, the commercial real estate voice for the state, elected new 2013 officers and board members at its annual board meeting on Nov. 6.

NAIOP-AZ officers for 2013 are: Chairman Keaton Merrell (above photo), Legacy Capital Advisors; Vice Chair Megan Creecy-Herman, Liberty Property Trust; Programs Chair Tom Johnston, Cushman & Wakefield; Treasurer Bob Hubbard, LBA Realty; and Secretary Laurie Sandau, Lawyers Title National Commercial Services.

“We are coming off a very successful year where we initiated a new one-on-one mentorship program for our young leaders along with a new partnership program with the graduate real estate program at ASU where a number of students will be partnering with NAIOP firms to learn the industry and hopefully stay in the state upon graduation,” said 2012 Chairman John DiVall of Liberty Property Trust.

“We are thrilled that Keaton Merrell is taking over as chairman as he played a key role in helping get both initiatives off the ground and his emphasis on philanthropy and giving back to the community will take our chapter to the next level during the upcoming year,” DiVall said.

New board members elected to new three-year terms were: Tammy Carr of Howard S. Wright; Andrew Cheney of Lee & Associates; Kevin Rogus of Duke Realty Corporation; Steven Schwarz of ViaWest Properties, LLC, and Chuck Vogel of Cole Investment Advisors. Re-nominated members with lapsing terms elected were Bob Mulhern of Colliers International and Kurt Rosene of The Alter Group.

These new officers and new or re-nominated board members join the existing board members that include: Jodi Bailey of Transwestern; Bill Olson of Hines; Tony Lydon of Jones, Lang LaSalle; Jaime Northam of GPEC and both Mike Haenel of Cassidy Turley and John DiVall of Liberty Property Trust, who also serve on the Executive Committee as past chairmen.


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

NAIOP Arizona’s Developing Leaders Pairs Veterans With Young Professionals

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, build, and broker commercial real estate;

* To Impact the careers of young real estate professionals through educational development, and exposure to pertinent topics;

* To Instill the knowledge, values, and expertise of today’s industry leaders in developing leaders;

* To Influence the professional growth of developing leaders by fostering valuable long-term relationships with industry peers.

NAIOP Arizona’s Developing Leaders mentoring program is relatively new to the Arizona chapter, although it’s been around for awhile nationally — where it has been successful.

“It was a natural evolution,” Clay Wells, a co-liaison on the NAIOP Arizona board of directors and director of business development at McShane Construction Company, says about implementing a mentoring program. “The first year we were involved with getting our feet wet. The second year we tried to make it grow by working on charitable events.”
Now in its third year, it’s time to get the ball rolling.

“The program will bring the best elements of the entire membership together,” says NAIOP Arizona president and CEO Tim Lawless. “It will create synergy with older more experienced people and younger up-and-coming members.”

The goal is for those in the commercial real estate industry to help provide protégés with insight on how to become successful, says Nate Goldfarb, an associate at CBRE and co-chair of the mentoring program.

The program will be comprised of 10 highly experienced industry professionals as mentors, each paired with two protégés who are existing developing leaders under the age of 35.

Other chapters have had mentoring programs for several years, with those in San Diego and Colorado boasting some of the strongest programs, according to Wells.  “We looked at other chapters and tried to steal the best details,” he says.

Lawless will be involved in the final mentor screening process and says he will be looking for the best and brightest people who are experts in their niche and would bring the most to the table.

Protégés will be selected based on application information and not on personality, says Wells, who is part of the selection committee that is made up of five to six board members.
Initially an email survey was sent out to all developing leader candidates to probe interest and to determine which industries members would like mentors from, Goldfarb says.

“There was a strong response from potential protégés and response from prospective mentors was phenomenal, particularly senior members,” Goldfarb says.

“We’re looking for an Icon,” says Lawless, adding that NAIOP Arizona’s membership has an excellent crop of mentor candidates such as Keith Earnest from RED Development and NAIOP chairman Mike Haenel of Cassidy Turley BRE Commercial.

When protégé and mentor are paired they will meet at least once a month for 10 months.
“There will be a lot of active listening to the mentor who has already walked the path,” Goldfarb says.

The inaugural class function will be held this fall and will be a black tie event, according to Goldfarb.

“We want to make events special for protégés so that they are impressed by the mentor, the program and the events.”

[stextbox id=”grey”]For more information about the NAIOP Arizona’s Developing Leaders mentoring program, visit www.naiopaz.org/dl.[/stextbox]

AZRE Magazine September/October 2011


NAIOP Member Projects 2011 - AZRE Magazine September/October 2011

NAIOP Member Projects 2011

NAIOP Member Projects 2011

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011

ASU Nursing and Health Innovation Phase II

Owner: City of Phoenix
Contractor: DPR Construction
Architect: SmithGroup
Location: 550 N. 3rd St., Phoenix
Size: 84,000

The $29.25M NIH facility contains classrooms, office and administrative spaces, a 300-seat conference center and a 60-seat computer classroom lab. Sustainable features include solar water heating and demand-controlled ventilation.


AZ 202

Developer: Meridian West
Contractor: TBD
NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Architect: Butler Design Group
Broker: Lee & Associates
Location: NWC Loop 202 and Arizona Ave, Chandler
Size: 432,758 SF
Completion: TBD

AZ 202 is a mixed-use project in the Southeast Valley that will serve as the entrance to Downtown Chandler. It features two Class A office buildings (4 and 6 stories), a hotel, retail shops, restaurants and other high visibility pads.

Boart Longyear

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: ViaWest Properties, LLC
Contractor: LGE Corporation
Architect: Cawley Architects
Broker: Cassidy Turley BRE Commercial
Location: SWC of 71st Ave. and Augusta Ave., Glendale
Size: 19,841 SF
Completion: 1Q 2012

The $3.2M project is a new-build a commercial warehouse for Boart Longyear, an international, Australian-based manufacturer of drill mining products and services.

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011CityScape

Developer: RED Development
Contractor: Hunt Construction
Architect: Callison
Location: One E. Washington, Phoenix
Size: 1.1 MSF
Completion: 3Q 2010

CityScape is $900M, mixed-use urban project in Downtown Phoenix. It includes 600,000 SF of Class A office, 180,000 SF of retail, 50,000 SF of park/open space and a 240-room, 4-star Kimpton Palomar boutique hotel.


DIRTT Environmental Solutions

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011

Developer: EastGroup Properties, Inc.
Contractor: McShane Construction Company
Architect: Butler Design Group and Phoenix Design One
Location: 83 E. University Dr., Phoenix
Size: 72,000 SF
Completion: 3Q 2011

The $3M project consists of 67,000 SF of manufacturing and 5,000 SF of office. It offers 28 feet clear height, 10 external docks and two drive-in doors. McShane will adhere to construction waste recycling and the integration of environmentally friendly products throughout.

DPR Construction Phoenix Regional Office

Owner: DPR Construction
NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Contractor: DPR Construction
Architect: SmithGroup
Location: 44th and Van Buren, Phoenix
Size: 16,000 SF
Completion: 4Q 2011

DPR’s new Phoenix office is in the city’s Discovery Triangle corridor and signals the revitalization of a long-dilapidated building. Dubbed the DPR Boutique, it serves as an example of how sustainable design can be integrated into an efficient, effective and environmentally responsible office space.

Fajon Machining

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: Power Equipment LLC
Contractor: Sun State Builders
Architect: e project
Location: 2305 E. Jefferson, Phoenix
Size: 16,580 SF
Completion: 2Q 2011

The new, $1.6M fully air-conditioned machine is a machine shop for rebuilding turbines, utilizing a pre-engineered metal building structure with metal roof panels, and walls with a combination of metal walls panels and split-faced masonry block.

Fountainhead Office Plaza — 7C

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Owner: US Real Estate Limited Partnership
Developer: Metro Commercial Properties
Pre-construction services: Sundt Construction
Architect: Davis
Location: 1650 W. Alameda, Tempe
Size: 384,300 SF

A new, 14-story office tower and 7-story parking structure are planned for the 6-acre site fronting I-10 in Tempe. It will be just south of Fountainhead Office Plaza A and B, which were completed in 3Q 2011.

Gap Fulfillment Center

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: N/A
Contractor: Jokake Construction
Architect: K&I Architects
Broker: Cushman & Wakefield
Location: 2225 S. 75th Ave., Phoenix
Size: 412,000 SF
Completion: 2Q 2011

Gap’s new west Phoenix distribution center is a technologically advanced facility, featuring a robotic handling system for product fulfillment. The project was broken down into three distinct phases in an effort to meet the tenant’s operation and integration deliverables.

Jones Lang LaSalle Design/Build Business Parks

Project: Avondale Commerce Park
Developer: Valley Land Investors
Contractor: Rockefeller
Location: 101st Ave. and Van Buren Rd., Tolleson
Size: 80 acres

Project: Buckeye Industrial Rail Park
Developer: Globe Corporation
Contractor: Ryan Companies US
Location: SEC Watson Rd. and Southern Ave., Buckeye
Size: 260 acres

Project: Phoenix Central Logistics Center
Developer: Stravinski
Location: 39th Ave. and Gibson, Phoenix
Size: 40 acres

Project: Phoenix Logistics Center
Developer: McShane Development Co.
Contractor: McShane
Location: SEC 91st Ave. and Buckeye Rd., Phoenix
Size: 100,000 to 2.5 MSF

Project: Surprise Pointe
Developer: ESI Ventures
Location: Waddell Rd. and Dysart Rd., Surprise
Size: 154 acres

Project: Westech Business Center
Developer: Seefried Properties, Inc.
Location: SEC Elliott Rd. and Arizona Ave., Chandler
Size: 9 acres expandable to 27.39 acres

La Loma Medical Plaza Phase IINAIOP Member Projects 2011 - AZRE Magazine September/October 2011

Developer: BLC Development
Contractor: Sigma Contracting
Architect: Devenney Group Architects
Broker: Colliers International
Location: 14044 W. Camelback Rd., Litchfield Park
Size: 40,000 SF
Completion: 4Q 2011

The project is a $6M, Class A medical building for lease on the site of a 350-acre campus of healthcare services and residential wellness villages. It is in close proximity to the Banner Estrella Hospital, the West Valley Hospital, and the new Cancer Treatment Centers of America.

Lakeside Medical Commons

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: Irgens Health Care Facilities Group
Contractor: TBD
Architect: Patrick Hayes Architects
Location: 979 N. Playa del Norte, Tempe
Size: 48,000 SF
Completion: 4Q 2012

The $14M Class A medical office building with sustainable design will serve as a signature off-campus location for healthcare providers. The building will offer 25,000 SF floor plates for larger practices/clinics divisible to be 1,500 SF.

Litchfield Park Commons

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: Don Bennett Partners
Contractor: Homes & Son Construction
Architect: MRT Design
Location: 200 W. Wigwam Blvd., Litchfield
Size: 47,500 SF
Completion: TBD

The project calls for a $10M, 2-story, multi-use (office, retail and restaurant) facility in Downtown Litchfield Park. Shady outdoors plazas will integrate with the expanded city hall; balconies will echo the nearby historic Wigwam Resort with modern flair.

Mountain Ranch Medical Commons

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: Irgens Health Care Facilities Group
Contractor: TBD
Architect: TBD
Broker: CB Richard Ellis
Location: Estrella Parkway and Elliot Rd., Goodyear
Size:  24,500 SF
Completion: 3Q 2012

With no existing medical services in Estrella, this new, $6M single-story Class A office building will be the community’s first medical office project. It offers space available from 1,200 SF to 24,500 SF with no-use restrictions.

Phoenix Biomedical Research Center

Owner: City of Phoenix
NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: Boyer Co./Hahn/Spiekerman Development Group
Contractor: DPR
Architect: SmithGroup
Broker: Cassidy Turley BRE Commercial
Location: Phoenix Biomedical Campus, NEC 5th and Van Buren Rd.
Size: 155,000 SF
Completion: 1Q 2014

Utah-based Boyer Co. plans to develop a $50M, 6-story biomedical research facility in Downtown Phoenix. The building’s design features include a central plant to provide a “single-pass air” HVAC environment, beefed-up floor loading which will allow “wet lab” benching and a state-of-the-art energy management system.

Phoenix GSA Professional Office Building

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011

Developer: Ryan Companies US
Contractor: Ryan Companies US
Architect: AECOM
Location: 21711 N. 7th St., Phoenix
Size: 223,000 SF
Completion: 4Q 2011

The $47M development is a build-to-suit, 5-story building that will serve as a multi-purpose facility for the Phoenix office of the FBI. It sits on 12.3 acres and includes structured and on-grade parking for 557 vehicles.


NAIOP Member Projects 2011 - AZRE Magazine September/October 2011

Developer: Mark IV Capital, Inc.
Contractor: Build Strategic, Inc.
Architect: Lamb Architects
Broker: Cassidy Turley BRE Commercial
Location: 11000 N. Scottsdale Rd., Scottsdale
59,502 RSF
3Q 2011

The $18M medical project includes architecture, eenhancements, a modern paint scheme, lush landscaping, a courtyard, new signage and redesigned tenant spaces.

Salvation Army Divisional Headquarters

NAIOP Member Projects - AZRE Magazine September/October 2011Development manager: Jones Lang LaSalle
Contractor: Nitti Graycor
Architect: Deutsch Architecture Group
Location: 27th St. and Van Buren Rd., Phoenix
Size: HQ 40,000 SF; Social Services 35,000 SF
Broker: Jones Lang LaSalle
Completion: 2Q 2012

The $10M project on the Herberger Campus will include a social services headquarters for outreach (including a new homeless shelter), domestic abuse facility, senior housing, Christmas Angel program and church. The other is the Southwest Divisional Headquarters with all of the corporate staff.

Sky Harbor Towers

NAIOP Member Projects 2011 - AZRE Magazine September/October 2011Developer: Bedford Properties and Apollo
Contractor: D.L. Withers and Sundt Construction
Architect: GSAS
Broker: Colliers International
Location: 4605, 4615 and 4635 E. Elwood St., Phoenix
Size: 273,623 SF

Sky Harbor Towers consists of three, Class A buildings in an office
campus setting along I-10 and SR 143 (Hohokam Expressway).

WL Gore Pinnacle Peak CampusNAIOP Member Projects 2011 - AZRE Magazine September/October 2011

Developer: WL Gore
Contractor: Ryan Companies US
Architect: Reece-Angel-Rowe Architects
Location: N. North Valley Parkway and Bronco Butte Trail, Phoenix
Size: 230,000 SF Phase 1

The $76M project is the first phase of WL Gore’s Pinnacle Peak Biomedical campus. Each of the first two buildings contain 111,000 SF and include sterilization labs and R&D labs. Phase 1 also includes a 420-stall parking structure.

[stextbox id=”grey”]For more information about NAIOP-AZ and the NAIOP members projects, visit www.naiopaz.org.[/stextbox]

AZRE Magazine September/October 2011

Editor's Letter: NAIOP, Indian Country and More - AZRE Magazine September/October 2011

Editor's Letter: NAIOP Arizona, Indian Country And More

Editor’s Letter: NAIOP Arizona, Indian Country And More

Forecasting the commercial real estate market in Arizona is a lot like forecasting the weather in Arizona – you never know what to expect.

The September/October issue of AZRE Magazine features our annual NAIOP supplement and its always-compelling roundtable discussion. Our experts say the commercial real estate industry is recovering, but that Arizona needs more job and population growth.

By the way, NAIOP Arizona members came through in a big way this year, submitting 25 projects. I think that says something for the office and industrial markets in Arizona.

This year we also included a look at what new legal issues the industry might be dealing with in 2012.

Our annual look at Construction in Indian Country explores the evolution of tribal economic development in Arizona.

Tribes are moving beyond building casinos and acquiring land, distressed properties and investing in other economic development instruments.AZRE September/October 2011 Cover

Building Green examines the impact of a $20M Sustainable Communities Development Fund for the three Valley cities on the light rail – Phoenix, Tempe and Mesa.

Finally, our Arizona Centennial series takes a look at the biggest and best commercial buildings in Arizona the past 100 years.

Peter Madrid
Twitter: @Peter_Madrid