Tag Archives: Riverwalk Arizona

Kurt Rosene creates new firm, NOVO Development

Kurt Rosene

Kurt Rosene

Kurt W. Rosene, formerly Senior Vice President of The Alter Group, has transitioned to his new role as head of NOVO Development, LLC, headquartered in Scottsdale, Ariz. Although leaving as a full-time employee of The Alter Group, Rosene will continue to assist The Alter Group’s western region developments, including its signature Phoenix development, Riverwalk Arizona, a 176-acre mixed-use business park in Scottsdale.  Michael J. Alter, president of The Alter Group, made the announcement.

“We are excited for Kurt who spent 24 years with our company,” said Alter. “During this period, he established himself as one of the nation’s premier development experts with an extraordinary mix of transactional acumen and the ability to shepherd large, complex mixed-use developments across multiple business cycles.”

“I have had an incredible experience with The Alter Group,” said Rosene. ”Although the timing is right to move on to my own company, I look forward to continuing to assist The Alter Group with many of their developments here in the Valley and I look forward to continuing our strong working relationship.”

The Alter Group projects in Phoenix include Riverwalk Arizona, a 176-acre mixed-use development in Scottsdale; Corridors – Phoenix, an 80-acre business park in Phoenix; and the Arizona Health & Technology Park, a 50-acre medical office and biomedical research park in Mesa, Ariz.

Riverwalk Arizona received national attention in publications such as the New York Times and the Wall Street Journal because of its distinction as one of the country’s largest developments on Native American land.  Riverwalk Arizona, which will yield an estimated 1,500,000 SF of corporate office and retail space, and create up to 15,000 new jobs, is set on prime land owned by the Salt River Pima-Maricopa Community, home to the Pima and Maricopa Indians, descendants of the ancient Hohokam Indians.

Honorable Mention 2011: Polsinelli Shughart, RED Development

GlobalTranz Signs 34KSF Lease at Riverwalk Arizona

GlobalTranz Inc. will expand its operations in Scottsdale with a new 34,558SF sales and operations space at The Alter Group’s Riverwalk Arizona, a 187-acre mixed-use business park in Scottsdale. Kurt W. Rosene, Senior Vice President of the Chicago-based national corporate real estate development firm announced the transaction.

The new GlobalTranz office will be located at 7500 N. Dobson Rd., where it will occupy the entire third floor starting February 2014; GlobalTranz Inc. will employ approximately 250 people in the suite. The company will retain its existing corporate headquarters at 5415 E. High St. in Phoenix.

Founded in 2003, GlobalTranz is a technology based logistics company that provides innovative solutions enabling shippers to manage their logistics needs and access highly discounted rates. GlobalTranz has created a one-stop-shop for its customer base of over 18,000 shippers. As a Top 20 Freight Brokerage Firm, GlobalTranz has been recognized by Inc. 500 and was recently named by the Arizona Corporate Excellence (ACE) Awards as the 19th Largest Private Company in Arizona, rising 10 spots in the listing over the past three years.

We are extremely excited to be making the leap to this facility. We are currently hiring 36 representatives per month and the additional 34,000 square feet added to our already existing 24,000 square feet is necessary to implement our strategic plan,” said Michael Leto, President-Direct Sales for GlobalTranz.

We are excited to welcome GlobalTranz to Riverwalk,” said Justin J. Miller, Vice President of The Alter Group. “The Company has experienced tremendous growth in the past few years and the entrepreneurial spirit they exude makes them an ideal fit for Riverwalk. We are able to accommodate their current needs in our existing space and hope to build a long term relationship with them as they continue to grow in the Valley and State.”

One of the country’s largest developments on Native American land to date, Riverwalk Arizona will yield an estimated 1.5MSF of corporate office and retail space, and create up to 15,000 new jobs.

Riverwalk Arizona is set on prime land owned by the Salt River Pima-Maricopa Community, home to the Pima and Maricopa Indians, descendants of the ancient Hohokam Indians.

Rod Beach, Senior Vice President of Cresa, represented GlobalTranz. Justin Miller and Kurt Rosene represented The Alter Group.