phoenix Archives

Polsinelli earns Export Service Provider of the Year Award

Export service provider

National law firm Polsinelli has been named the recipient of the Mayor’s 2016 Export Services Provider of the Year Award. The firm was recognized at the Sisters Cities 17th Annual Global Links Business Outlook luncheon this past week for its “tireless generosity in supporting every aspect of all export and international related activities in the city… Read More →

Marcus & Millichap sells Phoenix multifamily complex

by in AZRE Magazine | Multi-Family

The Phoenix office of commercial real estate investment services firm, Marcus & Millichap (NYSE: MMI), completed the sale of The Shorewood, a recently renovated mid-century art deco style apartment building in the Midtown Phoenix corridor. The apartments sold for $2,650,000 or $126,190 a unit, and are located at 3601 N. 5th Ave. in Phoenix. Brian Tranetzki and Rich Butler, multifamily investment… Read More →

Valley Partnership examines airports as economic engines

Sky Harbor
by in AZRE Magazine | Events

Valley Partnership’s monthly breakfast for June will cover a panel who will feature presentations from economic development officials on three of the Valley’s municipal airports. Experts will share their strategic plans and outline upcoming opportunities for the real estate and development communities. The panel will feature Shea Joachim, business development director at the Phoenix-Mesa Gateway… Read More →

Paul Johnson moves from politics to healthcare innovator


Paul Johnson has always been a groundbreaker. In 1990, he became the youngest mayor of a major American city when he became mayor of Phoenix at age 30. Under his leadership, Phoenix was voted Best Run City in the World. Since leaving politics, Johnson has turned his attention to healthcare, founding Redirect Health, which helps… Read More →

Metrocenter rezoning approved by city

by in AZRE Magazine

The Phoenix City Council has unanimously approved a Planned Unit Development (PUD) application for 130 acres in and around the iconic Metrocenter Mall development, located on Interstate 17 between Peoria and Dunlap roads in Phoenix. The new zoning allows for multiple new uses besides retail, such as office, senior housing, multifamily housing and healthcare. It also allows… Read More →

Slideshow: Downtown’s latest hip apartments, Proxy333

Proxy333 is one of Phoenix's luxury apartments that is expected to come online soon.
by in AZRE Magazine | Multi-Family

Some were miffed when the the original building where Proxy333 now stands was torn down, but they’d be excited to hear the upcoming luxury apartments are still paying homage to what once was. The Tilton Development Company and Goodman Real Estate developers commissioned local muralist Such Styles to work on murals at the new apartments,… Read More →

Berkadia completes midtown Phoenix multifamily sale

by in AZRE Magazine | Multi-Family

Berkadia completed, Wednesday, the sale of Barrington Regent, a Class B rental community in Phoenix. The $11 million sale was completed on May 18, and reflects a $88,709 per-unit price. Located at 825 W. Osborn Road, Barrington Regent is less than a mile from the Metro Light Rail and approximately one mile from the Downtown… Read More →

BKM acquires 3-property industrial portfolio in Phoenix

by in AZRE Magazine | Industrial

BKM Capital Partners, an institutional fund manager, acquired the RREEF Tempe portfolio, a 305,524 square-foot three-property portfolio, in an off-market transaction. The three properties are located in Tempe. The portfolio consists of 16 multi-tenant light industrial buildings and was purchased for $24.1 million, which is 34 percent below replacement cost. This portfolio was acquired as… Read More →

Ryan Companies announces 1st East Valley Living Spaces

Small Business Administration Awards
by in AZRE Magazine | Retail

Ryan Companies US, Inc. joined Living Spaces executives and Town of Gilbert leaders Thursday at San Tan Village to celebrate the grand opening of Living Spaces’ first east Valley store, warehouse and showroom. Ryan began construction on the 98,400 square foot retail project in August of 2015 and was responsible for the shell of the building, along with the site hardscape and paving activities.… Read More →

New home starts up 60% from last year in Phoenix


Metrostudy’s 1Q16 survey of the Phoenix housing market shows annual home starts, attached and detached, in the Phoenix area numbered 16,687 over the past four quarters ending 1Q16, a 60% increase YoY and up 13% from 4Q15. Quarterly starts in 1Q16 numbered 3,928 units, up 47%% from 1Q15. Annual closings numbered 12,651, up 20% YoY,… Read More →

Nicole Stanton earns Outstanding Achievement Award

Nicole Stanton is managing partner of Quarles & Brady's Phoenix office.

Quarles & Brady LLP Managing Partner Nicole Stanton was honored by the Southwest Center for HIV/AIDS with its 2016 Outstanding Achievement Award during the organization’s 21st Annual Night for Life Gala, which took place on Saturday, May 14 at the JW Marriott Camelback Inn Resort and Spa in Scottsdale, Ariz. “The Night for Life Outstanding Achievement Award recognizes an individual who… Read More →

Advocates buy historic Roland’s Market

Roland's Market
by in AZRE Magazine

A team of downtown Phoenix advocates have purchased the historic Roland’s Market building in downtown Phoenix, and will restore it to create an iconic space in the growing Eastlake Park and Garfield neighborhoods. The 4,800 square-foot, multi-use property at 1505 E.. Van Buren St. was purchased for $270,000. Roland’s Market is available to lease, and… Read More →

Cancer survivors take the stage in ‘A 2nd Act’

Women on stage after a performance of "A 2nd Act: Survivorship Takes the Stage" in Chicago.

Everyone loves a good story, but ask any cancer survivor and they’ll tell you their cancer story doesn’t end when treatment does. Once a survivor leaves the cocoon of her medical care, she feels cast adrift with no safety net. There is no Humpty Dumpty moment when all the pieces of her life are put back… Read More →

St. Francis offers new summer menu

Resized_Wood Roasted Summer Squash_St Francis_Summer 2016

As the Arizona heat arrives, St. Francis, known for wood-fired cuisine with an emphasis on seasonal ingredients, is taking a refreshing twist on its new menus. The summer’s brightest and most flavorful local vegetables take center stage to create dishes that are light, yet rich with mesquite and almond wood flavors from roasting in the… Read More →