DTZ announced that TPS Phoenix, LLC, dba The Pizza Studio, signed a lease for 2,111 square feet at 24th at Camelback (Phase I) , 2375 E. Camelback Road in Phoenix. This is the second location in the Valley and fourth in Arizona for Pizza Studio. Their first Valley location is at CityScape in downtown Phoenix. DTZ’s Brent Mallonee represented the landlord, Hines, during the lease transaction.
“We are excited about the addition of Pizza Studio to the 24th At Camelback property,” according to Michelle Brown, Property Manager for Hines. “Their menu of fast, fresh gourmet pizzas is not like anything else currently available in our immediate area and we believe is a welcome addition for our tenants.”
Pizza Studio is a pizza place where you get to Create Your MasterpieceTM every time you order. They offer a variety of crusts, premium meats, fresh-cut and roasted veggies for customers to customize individual pizza order to exactly as they want. The Pizza Studio is committed to local community and global sustainability and proudly supports local artists by providing a venue to display and sell their art, and donates meals to local food banks as well as to the Feeding America Foundation.
With a mission to collect, preserve and make accessible instruments from every country in the world, the Musical Instrument Museum (MIM) is the world’s only global musical instrument museum. This month the museum will celebrate its fifth anniversary with a weeklong series of public events.
During its relatively short existence, MIM has already made a tremendous impact on the greater Phoenix community. The museum has welcomed more than 1.15 million guests and has risen to TripAdvisor’s top-ranked attraction in the Phoenix area. Additionally, at a time when arts education is being cut from many Arizona schools, MIM has welcomed more than 140,000 students as part of its school field-trip program.
The museum has also seen tremendous growth in both its collection and programing throughout the past five years. The museum opened with 173 fully installed displays and today has 370 fully installed displays. The museum’s popular “Experience” series has also expanded. These signature events, which used to occur quarterly, are now hosted on a monthly basis, allowing many more cultural groups to share their musical traditions. MIM Music Theater’s schedule of concerts has tripled in size. The acoustically superb space originally hosted about 60 concerts per year and now hosts more than 200.
The museum also has big plans for 2015. In addition to the highly anticipated launch of MIM’s first membership program on April 20, the museum will also host its inaugural summer camp in June. Each weeklong session will offer a unique focus on global culture, highlighting world connections through the power of music, art and more. In November MIM will host its second annual global music festival, MIMFest. Attendees can expect more than a dozen distinguished performers on three stages, plus delicious food from local food trucks and fun activities for guests of all ages.
“In five years MIM has already carved a path to being recognized as one of the best museums in the world, but this is just the beginning,” said April Salomon, executive director of MIM. “As a museum in constant evolution, we’re excited to continue fulfilling MIM’s mission and look forward to inspiring and entertaining guests for many years to come.”
MIM’s weeklong fifth anniversary celebration begins on April 20. Each weekday’s theme is inspired by one of the museum’s five major Geographical Galleries. The day’s activities will include two Gallery Talks by members of MIM’s curatorial team as well as a musical performance and a themed menu in Café Allegro.
On April 25 and 26 the museum will host “Experience MIM.” This weekend celebration, in the style of MIM’s popular signature event series, will include an opportunity to “speed date” a curator; multiple musical performances; interactive elements such as craft activities, a photo booth and face painting; complimentary cupcakes for the first 100 guests each day; and a sparkling wine tasting in Café Allegro.
The Musical Instrument Museum is located at 4725 E. Mayo Boulevard in Phoenix (corner of Tatum and Mayo Boulevards, just south of Loop 101). For general museum information and a full schedule of events, visit MIM.org or call 480.478.6000.
To say these residents have hometown pride would simply be an understatement.
For the second year in a row, the City of Maricopa has been crowned the winning metro Phoenix ‘burb by popular Valley radio station Mix 96.9 in its “Battle of the Burbs” competition.
The widespread online competition began with 32 suburbs around the Valley vying to see which would get the most votes. Every city in the region was represented in the tournament-style bracket.
The determination for the City of Maricopa to keep its winning title was steady all along. Maricopa was first being matched up against Surprise, then it faced Queen Creek, Casa Grande and Mesa. During the final round, it came down to Anthem and Maricopa. The City of Maricopa won the final round again this year.
“We are absolutely thrilled to be winners once again,” said Maricopa Mayor Christian Price. “It is truly a tribute to all of our residents and how much they love living in Maricopa. Winning this competition two years in a row reflects the passion that Maricopa residents have for their community. Receiving a recognition like this makes the City of Maricopa proud, as we know it’s a reflection of all of the great things happening right now in our community.”
As a grand prize for winning the contest, popular rock band Lifehouse performed at the City of Maricopa’s Copper Sky Regional Park on Friday, making it a festive evening for everyone involved.
The shiny trophy with a cactus inside will proudly reside in the lobby entrance of City Hall, right next to the trophy from last year’s winning title.
ABI Multifamily, a multifamily brokerage and advisory services firm, is announced the sale of a prime located Central Phoenix, 13 Unit, complete condominium property – Desert Stone – for $1,100,000 or $84,615 Per Unit.
Desert Stone Condominiums was originally built in two phases – 1965 and 2003. The 1965 built portion was highly renovated in 2011 and 2012. The property is a well maintained complete condominium community. Desert Stone consists of 2 rental buildings, a grassy common area and a sparkling swimming pool. The buildings were constructed of block and wood, with pitched asphalt shingle roofs. Each building is individually metered unit for electricity. The units include abundant closet space, modern kitchens and bathrooms, and a fully enclosed one or two car garage. Seven of the thirteen condo units have washer/dryer connections and the remaining units have use of an on-site laundry facility.
ABI Multifamily facilitated this sale and have represented the buyer in the transaction. This was the second recent purchase for this buyer through ABI Multifamily.
The property is ideally located in an outstanding east-central Phoenix location. Madison Rose Lane Elementary School is across the street from the property. With easy access to a plethora of jobs, higher education schools, quality healthcare and shopping, the property is uniquely positioned for continued high demand.
Desert Stone Condominiums Sale Highlights:
The Buyer, Koventures LLC, based in Carlsbad, CA, is an experienced multifamily investor with other complete condominium projects in the Phoenix market.
The Seller, Wei Zhou and Yuk Chiu Lou, based in San Diego, CA, are private investors.
The trio behind the award-winning Crudo & Bar Crudo have announced the plans for their sophomore effort, Okra, an all-new offering that blurs the lines between Southern and Italian cooking. Led by chef Cullen Campbell, wife/co-owner Maureen Campbell and co-owner/mixologist, Micah Olson, this project represents a return of sorts for Chef Campbell, who was inspired to reconnect with his family’s deep Southern roots that occupied his formative culinary years. After splitting time between Phoenix and his family’s cotton plantation in Forrest City, Arkansas, Campbell attended college just across the Mississippi River in Memphis, where he was steeped in the city’s classic culinary traditions, including the secret to true Tennessee Hot Chicken (hint: if the key to French cooking is butter, down South it’s lard). Okra will serve as a showcase of these experiences, and much like Crudo, will combine modern takes on traditional dishes with a hint of classic Italian influences.
The bill of lunch & dinner fare will be served daily and will include some immediate standouts, like Southern Fried Chicken served two ways: Buttermilk-brined or Tennessee Hot, plus rib-sticking eats such as Pig Pot Pie, Ham Hocks and the Redneck Burger, accompanied by classic accouterments such as Mississippi Comeback Sauce and Alabama White BBQ Sauce. You’ll find the subtle, and signature, Italian influences throughout, with focaccia bread pizzas and the aforementioned Southern Fried Chicken topped with a rustic Umbrian meat sauce. Wash it all down with an expansive collection of wines, craft beers & cocktails, including a seasonal selection of Mint Juleps hand-crafted by Olson to feature the finest small-batch bourbons.
Now under construction inside Crown on 7th, a striking rehab of a midcentury modern strip in north-central Phoenix, Okra’s (5813 N. 7th St.) 100-seat space will blend indoor and outdoor environments while sporting an open kitchen, a first for this culinary team. The result will be a rich, intimate experience that connects the front and back of the house like never before.
Joseph Kiefer is an attorney who focuses on trial litigation. He represents large and small clients in insurance bad faith cases, commercial litigation, product liability, military law and criminal matters. Mr. Kiefer has served as a third-party neutral in alternative dispute resolution (ADR) proceedings and has extensive experience in mediation, arbitration, and facilitation. A colonel in the U.S. Air Force Reserve, Mr. Kiefer has served on active duty and in the reserves as a judge advocate since 1998. He spent eight years as a prosecutor and defense counsel, eight years as a trial judge in the Air Force Trial Judiciary, and is currently an appellate judge on the Air Force Court of Criminal Appeals.
Mr. Kiefer earned his J.D. from the William & Mary Law School, where he received the Gambrell Professionalism Award and Sponge Leadership Award, and was an editor of the Military Law Review. He earned an MBA from Chaminade University and a B.S., with merit, in economics and political science from the U.S. Naval Academy.
Jason Porter is an associate who focuses on commercial and insurance litigation. In addition, he has represented clients in appellate matters before the U.S. Court of Appeals for the Ninth Circuit and the Arizona Courts of Appeals. Mr. Porter clerked on the Arizona Court of Appeals for the Honorable Maurice Portley, and on the U.S. District Court, District of Arizona, for the Honorable G. Murray Snow.
Mr. Porter earned his law degree, magna cum laude, from Arizona State University’s Sandra Day O’Connor College of Law, where he was a member of the Arizona State Law Journal and a Center Scholar in the College’s Center for the Study of Law, Science & Technology. He earned the highest score on the July 2008 Arizona bar exam. Prior to entering law school, Mr. Porter worked as an aerospace engineer. He received a B.S. in mechanical engineering from Brigham Young University.
DTZ, a global leader in commercial real estate services, announced the $3.1 million sale of 3000 E. Chambers Street, a ±61,729 square foot single-tenant industrial building in Phoenix. MLCY Investment, LLC purchased the property and will occupy the space, which includes 26% office buildout and an evaporative-cooled warehouse with grade-level doors and a double-wide truckwell.
DTZ’s Paul Boyle, Rick Danis and Pete Klees represented the seller, WE Valoroso Holding Corporation, a company formed by JP Morgan Chase Bank. DTZ’s Andy Cloud represented the buyer.
Built in 1987, the building was vacant at the time of sale. The former occupant, Fluoresco, still locates its headquarters in Tucson, AZ.
ABI Multifamily, a dedicated multifamily brokerage and advisory services firm, announced the sale of a highly renovated North Phoenix, 144 Unit, multifamily property – West 35th Apartments – for $8,820,500 or $61,253 Per Unit.
West 35th Apartments was originally constructed 1983 and was highly renovated in 2011 and 2012. The seller in this latest transaction purchased the property in 2010 through a Freddie Mac short sale process. This was the only known Phoenix large apartment community short sale that Freddie Mac approved of during the latest economic downturn. West 35th Apartments went through dramatic renovations and as a result of these renovations and its great management, the property has become the submarket leader in rental rates and occupancy. The renovations at West 35th Apartments were in excess of $1,000,000 or approximately $7,500/unit, which is considered a dramatic renovation in the Phoenix apartment industry. The property sits on approximately 4.46 acres of land, with 8 total buildings and a dedicated leasing center. All common areas were highly renovated in 2011 and 2012 and over 30% of the interiors were as well. West 35th is a solid and highly sought after “B” class community, with a mix of one and two bedroom floor plans.
“Wow, this is one of the best renovations I have ever seen on a mid-80’s constructed apartment community. West 35th Apartments even has an amazing looking glass pool fence, which is a design feature I’ve never even seen in an “A” class new apartment community in Phoenix. Due to its great presentation, residents are drawn to rent at West 35th and that’s reflective in the market leading rental rates, which they are able to achieve there. ABI Multifamily is pleased to have facilitated this sale and have represented both buyer and seller in the transaction. The combination of this perfectly renovated property and the availability of low interest rate loans, made the buyers purchasing decision easy,” stated Alon Shnitzer, Senior Managing Partner at ABI and one of the lead brokers for this transaction.
The property is ideally located in North Phoenix, just West of the I-17 Freeway and South of the Loop 101 Freeway. With easy access to a plethora of jobs, higher education schools, quality healthcare and shopping, the property is uniquely positioned for continued high demand.
“It appears that the West Valley of Phoenix and specifically the Northwest part of Phoenix, is hungry for quality living. The seller and his staff were meticulous in the design and quality of the renovations at West 35th. He has a great deal of experience with renovations and was able to maximize the rental and occupancy results,” stated Eddie Chang, Partner at ABI and one of the lead brokers for this transaction.
West 35th Apartments is located at 15615 North 35th Avenue in Phoenix, Arizona. The property is in the heart of one of the most desirable areas in the entire valley with great access to the I-17 and Loop-101 freeways. Some of the major employers in the immediate area include General Dynamics, American Express, Discover Card, Honeywell, Cox Communications, John C. Lincoln Hospital, Motorcycle Mechanical Institute, Thunderbird School of International Management and ASU West Campus. The location provides for easy access to major job centers via the surrounding freeways, while also allowing for quick access to many options in all directions for shopping, entertainment, and fine dining.
West 35ths’ high-end community amenities include:
· 24 Hour Laundry Facility
· Recreation, Entertainment and Computer Center with Internet Access
· Fully Gated
· Energy Cool Roofing System
· Picnic Area with Barbecue
· Glass Fenced Resort Style Swimming Pool and Spa with Sun Deck
· Outdoor Barbeque Grills
· Covered Reserved Parking
· Newly Renovated and Fully Appointed Rental Office
· Lush Resort Style Landscaping
Paying attention to every detail, the property takes it up a notch with the interiors. Features include:
· New Appliance Packages (select apartment homes)
· All Electric Kitchen
· Private Balconies and Patios
· Spacious Walk In Closets
· Three Tone Paint
· Upgraded Carpet and Vinyl Flooring (select apartment homes)
· Upgraded Lighting Package (select apartment homes)
· Outdoor Storage Closets
The Buyer, Univest Inc., based in Newport Beach, CA, is an experienced multifamily investor with hundreds of units in the Phoenix market.
The Seller, ICON Builders, based in Scottsdale, AZ, is an experienced multifamily developer and investor.
The Phoenix based ABI Multifamily brokerage team of Alon Shnitzer, Eddie Chang, John Kobierowski, Rue Bax and Doug Lazovick represented both buyer and seller in the transaction.
ABI Multifamily is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. The experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.
Phoenix-based Internet marketing agency Vertical Measures has been awarded two TIM digital marketing awards by AZIMA, the Arizona Interactive Marketing Association.
The awards were held on Thursday, March 26th at the Phoenix Art Museum. Named after Sir Timothy Berners-Lee, the renowned father of the internet, the AZIMA TIM Awards were created to highlight the outstanding efforts of companies and individuals in the digital marketing realm of Arizona.
The Vertical Measures content marketing blog, one of the leading Internet marketing blogs on the web, took home honors for Best Blog. This multi-author blog covers a broad variety of topics like content creation and strategy, search engine optimization, and pay-per-click advertising. Multiple forms of original content are delivered to followers 2-3 times a week, ranging from blogs to videos, infographics to resource lists. In 2014, 155 pieces of content were published from over 15 different authors and content creators.
The AZIMA judges made these remarks about the Vertical Measures blog: “Good mix of timely relevant posts and recurring themes. Design is excellent and works within the existing site structure for lead generation and exploration opportunities. Sharing behavior is outstanding.”
“This was an exciting win for all of us because our blog is a tremendous team effort,” said Quinn Whissen, Marketing Manager for Vertical Measures. “From designers to writers, editors to contributors, our blog is a true testament to our company values. It’s not enough to tell our clients how to manage their content; we have to practice what we preach. I’m proud of how our team lives up to these ideals via our blog.”
Vertical Measures also took home an award for Best Content Marketing Campaign for their work on HowtoConvinceYourBoss.com. Convince Your Boss is a micro-site built to equip marketers with the tools needed to be able to convince their boss to invest in content marketing. Visitors can find articles, ways to respond to objections, expert video insights, tools, stats, and presentation templates. All of this will help prepare them for pitching the decision makers and starting a pilot program. Judges were impressed, saying it is a “perfect example of how to transform a common issue/problem into a viable resource for a crucial audience.”
“We were excited to be recognized by AZIMA and the Arizona digital marketing community as a whole for both our blog and Convince Your Boss. Phoenix is our home base and we are proud to be a part of this vibrant and ever-evolving industry. We are honored to celebrate everyone’s accomplishments, including our own,” said President of Vertical Measures, Chris Bird.
San Francisco-based Boomtown! is the latest tech company out of California to announce their plans to expand their operations to Scottsdale. Founded in February 2014, the company has continued to grow, and has selected the Greater Phoenix region for its first expansion.
Boomtown! fixes everyday merchant technology problems in real time, providing on-demand installation and support of in-store technology, resulting in reduced business costs, increased revenue and the prevention of lost sales.
“Being a Chicago transplant I’ve had the privilege of watching the evolution of the Phoenix/Scottsdale Start-Up scene over the past four years, all while building a company that was headquartered in the San Francisco Bay area. It’s been exciting to see the likes of Weebly, Zenefits and Apple as they set up shop here and also watch locally grown successes like WebPT, GoDaddy, and Infusionsoft, said Paul Wyer, Boomtown! Head of Operations and co-founder.
“I’ve met some really talented people in the valley that wish they had similar “bay start-up opportunities” and they felt like they had to move to California to get access to those kinds of jobs. I want to keep Arizona talent in Arizona, so we decided to build-out our Boomtown Operations Team here,” Wyer continued. “It’s a ripe location for start-up growth and we get access to eager and technically talented candidates from Valley-based universities and companies.”
Using new age technology, Boomtown! provides merchants with immediate support, remotely though the app. This saves businesses time and money. With more than 350 technicians across the country, Boomtown! is also able to dispatch local technicians to businesses when needed.
“I’m glad to learn that Boomtown has chosen to expand its operations to Scottsdale. We believe our community is a natural fit for vibrant companies who value quality of life as much as the bottom-line,” said Scottsdale Mayor W.J. “Jim” Lane.
“Greater Phoenix has a larger base of qualified software workers than any other market in the mountain region, and is poised to grow by 14 percent over the next five years,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “The availability of talent coupled with a competitive operating environment, continues to draw companies like Boomtown! to the region. We look forward to seeing their growth in Scottsdale.”
To learn more about Boomtown!, visit www.goboomtown.com.
A new report shows Tucson and Phoenix-area renters have had to deal with a double whammy: Dwindling or stagnant incomes coupled with significant rent hikes.
The report, released last week by the National Association of Realtors, indicated the two metro areas are among those where the gap between rental costs and household income is increasing.
“It’s something we are watching since rising housing costs are getting to unhealthy levels,” association spokesman Adam DeSanctis said.
The association collected data on 70 major metro areas and analyzed household income growth, housing costs and homeownership changes in renter and owner-occupied households over the past five years.
Tucson ranked fifth for the largest decrease in income for renters aged 25 to 44 years old. The study indicated income dropped about 3.5 percent. During the same time period, the area saw an 11 percent increase in rent.
“We don’t have the jobs we need,” said Allan Mendelsberg, real estate agent at PICOR Commercial Real Estate in Tucson. “We’re doing a lot to revitalize downtown, with a lot of renovation throughout Tucson. But until we have high paying jobs, people are not going to be able to afford high apartment pricing.”
Tucson has experienced a trend in luxury property building as well, which may fuel the disparity between rental cost and income.
However, Mendelsberg, who specializes in multifamily apartment and investment properties sales, did point out that rent in Tucson remains lower than most cities at an average of $638 a month for a single unit.
The Phoenix area, which included Mesa and Glendale, saw a 2 percent increase in income during the five-year period coupled with a 9.8 percent hike in rents.
Phoenix rentals have been rising 5 to 8 percent per year for single-family homes and condominiums, said Michael Orr, director of the Center for Real Estate Theory and Practice at the W.P. Carey School at Arizona State University.
“Relative to many areas, Phoenix rentals are cheap compared to other places, but wages are low,” he said.
Nationwide, rents have increased 15 percent over the past five years, while the association estimated that household income has gone up 11 percent.
The association used data from the U.S. Census Bureau and the U.S. Bureau of Labor Statistics, among other sources.
Experts said the problem with the disparity between rent and income is that it makes it difficult for renters to become homeowners because they spend so much on rent, they can’t save for a down payment.
To relieve rental costs, increasing the supply of new home construction is a solution, Orr said.
However, builders have been hesitant since the Great Recession because of growing construction costs, buyers’ limited access to credit from lenders and concerns about the re-emergence of younger buyers, according to the association.
Lawrence Yun, chief economist for the association, said in a news release that without new housing opportunities, entry-level buyers will face affordability issues.
“Many of the metro areas that have experienced the highest rent increases are popular to millennials because of their employment opportunities,” Yun said in the release.
Helix, an Arizona-based commercial real estate investment, development, brokerage and management company, recently acquired its new headquarters office complex and also expanded its service offerings.
Located at 3335 E. Indian School Road in Phoenix, the new headquarters includes two office buildings. Helix will operate its brokerage, development and property management companies out of the main 5,000 square foot office building and plans to lease out the additional 2,500 square feet in the adjacent building.
“We have spent considerable time and effort trying to identify a long term solution for Helix,” said Ryan Spiekerman, founding principal of Helix Properties. “The building is perfect for our existing service offerings and affords us the opportunity to expand as we grow.”
In addition to the new office space, Helix recently expanded its services to include private lending programs to commercial, residential and fix and flip loans.
With expertise in acquisition, construction, development and disposition of millions of square feet of real estate in Arizona and throughout the Southwest, the Helix team has worked in nearly every segment of the commercial real estate industry: office, retail, industrial, land, self-storage multi-family housing, assisted living and medical.
National law firm Polsinelli has added Paul J. Roshka, a commercial litigator with extensive experience in prosecution and defense claims alleging violations of federal and state securities laws. Roshka represents clients before the SEC, the Arizona Securities Division and the Financial Industry Regulatory Authority (FINRA.) He has defended businesses and individuals in numerous disciplinary and enforcement matters originating out of SEC and FINRA offices across the country, and has handled securities industry arbitrations and mediations in jurisdictions nationwide.
“We are pleased to add an attorney of Paul’s caliber to our litigation team,” said Robert A. Henderson, Chair of Financial and Fiduciary Litigation Practice. “His depth of experience as an accomplished commercial and securities litigator and his ability to resolve complex disputes is a terrific complement to our national litigation team.”
Roshka joins a national team of nearly 30 attorneys in Chicago, Denver, Kansas City, Los Angeles, Phoenix, St. Louis and Wilmington who serve clients with financial and fiduciary litigation matters. Trained in alternative dispute resolution, Roshka also has an active mediation practice dedicated to assisting with a wide variety of business disputes. He is a member of the American Arbitration Association Commercial Arbitration Panel and serves as a designated mediator for the Arizona Association of Realtors®.
Among Roshka’s many distinctions are his selection as Lawyer of the Year for Securities Litigation in Phoenix by Best Lawyers in America 2013, as well as his selection for inclusion in Best Lawyers in America each year since 2005 in the areas of Commercial Litigation, Litigation- Regulatory Enforcement, and Litigation-Securities. Roshka earned his B.S. from St. Joseph’s University in Philadelphia and his law degree from the University of Connecticut School of Law. He received his training in Dispute Resolution at Pepperdine University School of Law’s Straus Institute.
The East Valley Partnership, a business advocacy group dedicated to improve business and quality of life in the East Valley region of Greater Phoenix, is hosting the Statesperson’s Luncheon at noon on Monday, March 30 at the East Valley Institute of Technology (EVIT) located at 1601 W. Main Street in Mesa, Ariz.
Attendees of the Statesperson’s Luncheon will hear from Congresswoman Kyrsten Sinema (AZ-9) and Congressman Matt Salmon (AZ-5) on various topics regarding the PHX East Valley.
Attendees will have the opportunity to ask the two congress representatives questions related to recent bills, immigration, education reform and budget, and the most important issues in their respective districts.
The Statesperson’s Luncheon is open to East Valley Partnership members and the public. Individual registration is $50 for members and $65 for non-members. Table reservations can be made for $600 for members and $750 for non-members. Seating is limited and reservations are requested by March 26 online at www.EVP-AZ.org or by phone at 480-834-8335 ext. 201.
Arizona Summit Law School was named one of the “2015 Most Diverse Law Schools” in the United States by PreLaw Magazine.
The private law school, located in downtown Phoenix, earned an A+ rating and was named among the top ten law schools for diversity by the publication, which regularly evaluates law schools across the country accredited by the American Bar Association.
The PreLaw Magazine’s diversity rating is based upon ethnic diversity in comparison to the national average for students and faculty. The study was conducted to identify law schools in the United States that do the best job at including all races, rather than focusing on only one or select races. The publication, which is a law school journal published by National Jurist, recognizes the best law schools in the country for diversity accomplishments, and for putting diverse voices and backgrounds in the classroom.
“As we enter our tenth year, Summit Law is reflecting on the impact we are having in the legal community and on the communities we serve,” said Dean Shirley Mays. “Earning this top-tier ranking and significant national recognition is rewarding and reinforces our commitment to diversifying the legal profession and providing legal career opportunities to individuals of diverse backgrounds.”
CBRE announced the sale of a four-building, 245,745-square-foot industrial portfolio in El Paso, Texas, on behalf of New York-based Sullivan Crosby Trust. Phoenix, Arizona-based ViaWest Group purchased the portfolio in an off-market transaction for an undisclosed price.
The buildings are approximately 50 percent occupied—short-term tenants bring it to 75 percent occupancy. They are located south of Interstate Highway 10 in the central El Paso submarket. According to CBRE Research, the central El Paso submarket is approximately 94.7 percent occupied as of Q4 2014.
“We are very excited about our first purchase in El Paso. This acquisition is part of the ViaWest Southwest Fund and is our first purchase outside of Phoenix with the Fund. We are hopeful that this is the first of many as we expand further into El Paso, Salt Lake City, Las Vegas, and some other southwestern cities. This property fits all the attributes that we are looking for: a solid, infill location; excellent clear height and truck court; the ability to add value immediately; and a great brokerage team with the CBRE guys,” said Steven Schwarz, Principal at ViaWest Group.
“The portfolio is made up of good, quality assets. Once a few deferred maintenance items are addressed, these assets will be highly competitive,” said Mr. Perez Giese, Senior Vice President and Director of CBRE’s El Paso/Ciudad Juarez office.
This is the first El Paso-area acquisition for ViaWest Group. A host of rehabilitation projects are slated for the properties, including new roofs, landscaping, fencing, equipment replacement and more.
ViaWest has selected CBRE to lease and manage the properties. Mr. De la Mora will lead the leasing assignment.
Cox Communications has announced that four Phoenix-area employees, Lance Zielinski, Vince Merseal, Jim Mayorga, and David Rosales, have been promoted and will each be taking on new responsibilities as field operations supervisors.
As recently promoted field operations supervisors, each of these Cox Arizona employees will now be responsible for assuring the quality performance of installation and technical services of all Cox Communication products, including optimizing Cox Arizona’s network for the continued rollout of Cox Arizona’s 1G internet service throughout the Valley.
Lance Zielinski began his career with Cox in 2008. Zielinski quickly progressed to an expert technician and then became one of the first Home Security technicians in the Valley. His expertise has earned him the role as the Home Security subject matter expert for Scottsdale, while also mentoring all new Home Security trainees at Cox Arizona. Zielinski was promoted out of Cox’s Scottsdale location.
Vince Merseal began his career with Cox in 2005 as a field technician, and progressed to become one of the first employees to help install Cox Arizona’s recently launched 1G internet service. During his career with Cox Arizona, he achieved the recognition as a three-product expert, held the position as a field mentor, and also filled an interim field supervisor role. He was promoted out of Cox’s Scottsdale location.
Jim Mayorga has been a dedicated Cox employee for the past eight years as a Universal home technician, as well as a mentor for the Avondale, Tempe, Union Hills and Mesa locations. Mayorga achieved an associate’s degree in computers and electronics, which led him to pursue a career in Cox’s technical field. Mayorga was promoted out of Cox’s Tempe location.
David Rosales has worked with Cox since 2007, and has held the role as a Universal home technician and as a field mentor at Cox’s Tempe, Scottsdale, Mesa and Avondale locations. Rosales was promoted out of Cox’s Tempe location.
Central Phoenix just got a new addition to its housing life with the opening of the new, ultra-hip @51 apartment community, a project brought to the Valley by Smithfield Properties, Chicago-based developer of high-end residences and adaptive reuse projects.
Designed by San Francisco-based Berkelhamer Architects, @51 is a contemporary residence set between the Biltmore area and midtown Phoenix. In addition to the 191 units, a ground-level restaurant will anchor the project and a rooftop nightclub with a pool will be available for special events. The community is located at the southeast corner of 16th Street and Georgia, ideally situated with ease of access to north and south ramps of State Route 51 freeway.
“We envisioned this community as contributing to the social and economic fabric of this geographic area – with residents who choose this area to reside for its fantastic restaurants, shopping and diverse local flavor,” said Bill Smithfield of Smithfield Properties. Smithfield also developed another modern community that opened last year in the Camelback corridor, Domus.
@51 will add to the local flavor with a restaurant at ground level, anticipated to open later this year. The restaurant, situated at the northwest corner of the property, comes from national proprietor Lettuce Entertain You, the brains behind dozens of popular restaurants in Chicago, Minneapolis, Washington DC and Scottsdale’s Don & Charlie’s.
Luxury apartment manager Mark-Taylor Residential is overseeing leasing of the community, located at 1615 E. Georgia. Rentals of the studio, one- and two-bedroom apartments range from $925 to $2800.
Sitting atop a multi-level parking garage, the community is a well-planned infill development that epitomizes urban living at its best. The large rooftop outdoor pool/exercise room and lounge overlooks the landscape to the east, offering unparalleled views of Piestewa Peak and Camelback Mountain. The development is immediately adjacent to a 10-acre city park, Desert Storm Park, offering paved cycling, running and dog-walking paths.
The community is now part of a portfolio of Mark-Taylor-branded communities all owned by different entities, but all with a uniform management approach and high standards of excellence. Mark-Taylor’s management group consists of local experts with deep roots in Arizona, a team that appreciates a lean and flat internal structure so that decisions can be made quickly and effectively.
Daum Commercial Real Estate Services has negotiated the $1 million sale of a 5,600-square-foot office building located at 775 E. Covey Lane in Phoenix.
Carl Johnson with Daum Phoenix represented the seller while Menlo Group represented the buyer in the transaction. The seller of the Phoenix office building was Meco Real Estate Holdings, LLC of Windsor, Calif. ORP, LLC of Peoria was the buyer and bought the office space to relocate their headquarters.
Vaught’s practice includes counseling employers on matters involving the ADEA, FMLA, ADA, OSHA, Title VII, hiring and discipline, complaint investigations, and wage and hour issues. He also represents employers in related proceedings in state and federal courts, and before the Equal Employment Opportunity Commission, Department of Labor, and state administrative agencies. Vaught also has significant experience handling trade secret, unfair competition and restrictive covenant matters throughout the United States, and representing employers in related court proceedings.
He received his law degree from the University of Kansas Law School and his bachelor’s degree from the University of Kansas.