Tag Archives: office

Laurie Sandau joins GPE Commercial Advisors

Laurie Sandau, GPE

Laurie Sandau, GPE

GPE Commercial Advisors welcomed Laurie Sandau, Associate Vice President as the newest member of its brokerage team. Sandau brings more than 11 years of local and national commercial real estate experience with Lawyers Title NCS. Her expertise in marketing and business development combined with her knowledge of the title and escrow process brings a fresh perspective to the brokerage.

Sandau’s previous experience working with real estate transactions gives her a unique understanding of all elements involved in successful closings. Her practice in facilitating complex escrows and coordinating lenders, attorneys, and buyers/sellers, will certainly benefit her capabilities as a broker, says a GPE spokesperson. Sandau’s extensive network covering all aspects of the industry will also prove to be a tremendous benefit to her clients, GPE reports.

Sandau will focus on Investments, office, medical office sales & leasing as well as tenant Representation. She will also team on a number of projects with Julie A. Johnson, Alexandra Loye and Bret Isbell. Please join us in welcoming her to our team.

Industry_East_West_Sold-2, Cassidy Turley

Big Deals: Office, Oct. to Nov. 2013

There’s no such thing as a “small” deal in this industry, coming out of a recession. However, it’s the big deals, and the brokers who make them, that make the market an interesting one to watch.
In every issue, AZRE publishes the top five notable sales and leases for a period of 60 days (one month out from publication) based on research compiled by Cassidy Turley and Colliers International with CoStar.
Top 5 Notable Leases and Sales (October 1 to November 30, 2013) Source: Cassidy Turley Research Department, Colliers International and CoStar

 

SALES

1. Stetson Plaza, Scottsdale Industry_East_West_Sold-2, Cassidy Turley
89,700 SF; $18.5M
Buyer: Alliance Residential Company
Seller: Triyar Companies, LLC
Listing Brokers: David Fogler, Steven Nicoluzakis and Don Arones, Cassidy Turley

2. Missouri Falls, Phoenix
187,648 SF; $13,801,858
Buyer: ICIC Commercial Investments, LLC
Seller: For 1031 Missouri LLC
Listing Brokerage: CBRE

3. Sky Harbor Towers, Phoenix
273,623 SF; $12.1M
Buyer: Orsett Properties, Ltd.
Seller: LNR Partners, Inc.
Listing Brokerage: Cassidy Turley

4. Arcadia Gateway Center, Phoenix
89,811 SF; $10,555,000
Buyer: MIG Real Estate, LLC
Seller: Bible Education Legacy Fund I
Listing Brokerage: Cushman & Wakefield

5. 1511 N. Project Dr., Tempe
61,807 SF; $7.8M
Buyer: SRP
Seller: Altier Credit Union
Listing Brokerage: Colliers International

 

LEASES

1. Desert Canyon 200, Phoenix Desert Canyon 200
68,554 SF
Landlord: Washington Capital Management, Inc
Tenant: Matric Absence Management
Landlord Brokers: Ashley Brooks, Jim Bayless and Jenny Aust, CBRE
Tenant Broker: Steve Corney, Jones Lang LaSalle

2. Camelback Esplanade II, Phoenix
42,787 SF
Landlord: Metropolitan Life Insurance Company
Tentant: Tiffany & Bosco, P.A.
Landlord BrokerAGE: Cushman & Wakefield
Tenant BrokerAGE: Cushman & Wakefield

3. Perimeter Gateway 101, Scottsdale
25,000 SF
Landlord: Desert Troon Companies, Inc.
Tenant: Accolade
Landlord BrokerAGE: Lee & Associates

4. University Offices, Phoenix
15,044 SF
Landlord: Three Strands, LLC
Tenant: ComTrans
Landlord BrokerAGE: Sperry Van Ness

5. Papago Park Center, Tempe
13,926 SF
Landlord: Phoenix Investors #13
Tenant: AdOn Network
Landlord BrokerAGE: Lee & Associates

86798994

FirstSouthwest Expands Nationwide Presence with Phoenix Office

Dallas-based diversified investment bank FirstSouthwest, which has served as financial advisor on more bond and note transactions in the past ten years than any other firm, ranking No. 1 nationally for nine of the past 10 years according to MuniAnalytics, today announced the firm expanded its nationwide presence with the opening of a new office in Phoenix located at 2398 E. Camelback Road.

In addition to public finance advisory and underwriting, the Firm also offers professional experience in asset management, capital markets, corporate finance and correspondent clearing. Known as a leader in public finance, FirstSouthwest takes a client-focused team approach to capital financing advisory service. This begins at the preliminary strategic stages of preparation for capital projects and continues with market leading advisory service for structuring, pricing and closing financing transactions. FirstSouthwest currently serves more than 1,600 public finance clients.

“I am pleased to welcome industry veterans Terry Maas and Bruce Kelley to the FirstSouthwest team,” said Hill A. Feinberg, chairman and CEO of FirstSouthwest. “Under their leadership, we look forward to providing our clients in this community with the highest level of service and professionalism that our company was founded on more than 65 years ago.”

Terry Maas joined FirstSouthwest in October, 2011, and in his role as senior vice president he manages both the Phoenix office and the Western region. With 37 years of experience in the public finance industry, Maas specializes in general government, utilities, airports, health care and special district financing. He has served many issuers in California, Nevada and Arizona over his career and has been responsible for the creation of billions of dollars in funding for many types of capital projects. Maas has been active in Arizona public finance for over 30 years having represented the cities of Scottsdale, Glendale, Phoenix, Nogales and many others as both underwriter and financial advisor. He is currently financial advisor to the Arizona Health Facilities Authority, the major issuer of health care bonds in the state. Maas is a graduate of the University of California, Los Angeles, and holds both an M.B.A. and an M.P.A. from California State University.

Bruce Kelley has over 30 years of experience, primarily in the health care area, and will serve as senior vice president in the Phoenix office.  Kelley specializes in merger and acquisition, affiliations and joint ventures, as well as underwriting and financial advisory services, involving nonprofit and governmental health care entities. He has acted as advisor in numerous transactions involving the acquisition or sale of healthcare facilities, including both acute care hospitals and systems, health maintenance organizations and transactions involving home health, hospice, personal care, skilled nursing and senior living facilities, and has provided underwriting or financial advisory services to many of Arizona’s hospitals. He received a Bachelor of Arts from Boston College and a Juris Doctor from the University of Notre Dame.

RED Awards Banner

Best Office Project 2011

Chandler City Hall

Best Office Project 2011: Chandler City Hall, SmithGroupDeveloper: City of Chandler
Contractor:
Sundt Construction
Architect:
SmithGroup
Size:
125,000 SF
Location:
175 S. Arizona Ave., Chandler
Completed:
October 2010

Chandler City Hall is a low-to-mid-rise complex consisting of administrative offices, a public TV studio and Council Chambers. City Hall is a modern, efficient and environmentally appropriate building. The complex is designed with open space and shaded walkways. Flexibility within the building allows for change as both the community and the city’s technological needs evolve. The space within the building is multi-functional, able to accommodate individuals, small social groups and large gatherings. Space also includes bicycle storage and changing rooms. Above all, the new Chandler City Hall is not just another office building. It creates a sense of place and identity, giving the residents of Chandler a destination that serves as the city’s new community center.




Honorable Mention: Mercy Medical Commons

Honorable Mention, Office Project 2011: Mercy Medical CommonsDeveloper: Irgens Development Partners
Contractor:
Okland Construction
Architect:
Architectural Nexus
Broker:
Grubb & Ellis
Size:
47,000 SF
Location:
3645 S. Rome St., Gilbert
Completed:
September 2010