Tag Archives: whole foods

6910 E. Chauncey, Lee Associates, WEB

Investor buys Scottsdale office building for $5.18M

A 30,120 SF office building at 6910 E. Chauncey Ln., in the North Scottsdale Corporate Center in Scottsdale sold for $5,180,640 or $172.00 per SF. The transaction closed on Nov. 19.

 

Lee & Associates principals Colton Trauter and Bill Blake representedthe seller, CM & PM Acquisitions, LLC of Phoenix. The buyer, Garland’s Oak Creek Lodge, Inc. was represented by Francis Marotta of MarCor Commercial Real Estate of Scottsdale.

 

Built in 2006, the two-story building features high-end fi nishes, 4.6/1,000 parking, nearby amenities such as Whole Foods, Gordon Biersch and Lifetime Fitness. The property enjoys an excellent North Scottsdale location adjacent as is two blocks to the Loop 101 Freeway.

first solar - new ceo

Study: Humble CEOs Good for Business

Forget the stereotypes of arrogant, macho leaders who don’t care about anyone else’s opinion. A new study from the W. P. Carey School of Business at Arizona State University shows humble CEOs significantly benefit a company and its management — likely more than the blowhards who think it’s their way or the highway.

“Humble CEOs are more open to making joint decisions and empowering others,” says Professor Angelo Kinicki of the W. P. Carey School of Business, one of the study authors. “Their behavior positively affects both top and middle managers, who then exhibit higher commitment, work engagement, job satisfaction and job performance. We see a trickle-down effect that seems to influence the company overall.”

The new research published in Administrative Science Quarterly comes from Kinicki, Anne Tsui and David Waldman of the W. P. Carey School of Business, as well Amy Ou of the National University of Singapore, Zhixing Xiao of George Washington University, and Lynda Jiwen Song of the Renmin University of China.

They interviewed the CEOs of 63 private companies in China. They also created and administered surveys measuring humility and its effects to about 1,000 top- and middle-level managers who work with those CEOs. The researchers specifically chose China because they needed a context in which CEOs would display a wide variety of humility levels. However, they believe the findings will generalize to many companies in the United States.

“Our study suggests the ‘secret sauce’ of great, humble managers,” explains Kinicki. “They are more willing to seek feedback about themselves, more empathetic and appreciative of others’ strengths and weaknesses, and more focused on the greater good and others’ welfare than on themselves.”

Kinicki says leadership behavior normally cascades downward, so it’s likely humility at the top effects just about everyone at a company. He points out a few examples of humble CEOs making news:

* Tony Hsieh of Zappos is a Harvard graduate, who helped boost his company to more than $1 billion in gross merchandise sales annually. He also helped drive Zappos onto Fortune’s “100 Best Companies to Work For” list, with innovative customer- and employee-pleasing policies, such as “The Offer,” where new employees are offered one-month’s salary to leave the company if they’re not dedicated and happy.

* John Mackey of Whole Foods has shown concern for the greater good through his advocacy of organic food and spearheading his company’s move to become the first grocery-store chain to set standards for humane animal treatment. He also announced in 2006 that he was chopping his salary to $1, putting caps on executive pay, and setting up a $100,000 emergency fund for staff facing personal problems.

* Mary Barra of General Motors has faced severe criticism for problems created at the company before she took the helm in January. However, she has been quick to apologize and maintain that she’s moving from a “cost culture” to a “customer culture” at GM. She has promised to do “the right thing” for those affected by recent recalls and the problems that led to them.

Kinicki knows some people may be surprised by the study results, but he summarizes, “It’s time we understood that humility isn’t a sign of weakness or lacking confidence, but rather, a good thing that can benefit us all.”

The full study is available at http://asq.sagepub.com/content/59/1/34.full.pdf+html.

sales

Saletta offers Seminar on new Science of Sales

Not many leaders are as charismatic, clever, or capable of giving sound sales advice to the public as Michael Saletta. In fact, Saletta is one of the most diverse speakers, trainers, and consultants in the world, having shared his knowledge and experience with companies as renowned as La-Z-boy, Revlon, Whole Foods and even the U.S. Army.

Saletta will be revealing sales strategies, and giving his audience the tools they need to understand the motivational drivers, as well as the decision-making process of a customer’s brain on Wednesday, June 11th from 8:30-10:30 am at the Millennium Resort and Villas in Scottadale.

For over 20 years Saletta has been travelling the world and helping companies grow and develop. He strongly believes in team alignment in order to promote communication and overall performance. However, this workshop will be geared towards getting customers to say “yes” and to increase the performance and confidence of one’s sales team.

Saletta reveals, “Leadership is the responsibility to positively influence self, others and outcomes.”

For more information on this limited space event, visit http://tinyurl.com/lv3v5bs or call 480-305-5665.

River Center_Whole Foods, Lee and Associates

Lee & Associates Sells Tucson Shopping Center for $24.8M

River Center, a 117,563 SF Whole Foods- and Petco- anchored shopping center at 555 E. River Rd. in Tucson, has sold for $24,775,000. The sale posted a cap rate of 5.5%.
The January 9 closing was lead by Lee & Associates Arizona principals Patrick Dempsey and Jan Fincham. The buyer was Global Retail Investors, LLC, a subsidiary of First Washington Realty, Inc. of Bethesda, MD. The seller was River Center Canada, LLC.
“We were pleased to have sourced this signature Tucson project and worked diligently to provide valuable guidance for both parties,“ said Dempsey.
River Center was constructed in 1986 and remodeled in 1997 and in 2013. The center is located at the base of the Catalina Foothills in northeastern Tucson.

PERK

PERK eatery to sell sauce at new locations

Any one looking for a gourmet, all natural topping that is made without preservatives? Well look no more, PERK eatery is well known for making just that. Their signature Cilantro Jalapeño Sauce is one of the reasons that PERK has amassed such a following of locally devoted fans who, who, flock by the dozens to experience Chef/Owner Pauline Martinez’ highly acclaimed condiment. The sauce has  had such a positive reaction that it was featured by Food Network’s hit show Diners, Drive-Ins and Dives.

Fans of the sauce no longer have to go to actual eatery to get their fix of this versatile sauce. It is now available to be purchased online at www.perkeatery.com, and ll over the Valley at Whole Foods locations!

This fan favorite has a wide variety of uses including a healthy topping for eggs, marinade for chicken or steak, grilling sauce or seafood glaze.

“I’ve seen people use the Cilantro Jalapeño Sauce as a salad dressing or drink it straight from the bottle, it’s that good,” said Martinez.

PERK eatery plans to continue to increase their distribution efforts by selling it at local farmers’ markets. The store itself is located at 6501 E Greenway Pkwy #159  Scottsdale, AZ 85254.

minorities

Language issues become workplace legal issues

Two Whole Foods grocery store employees in Albuquerque were recently suspended after getting in a dispute with their manager over speaking Spanish in the workplace.

That incident raises an employment law question that leaves many Arizona employers scratching their heads: Can employers require their employees to only speak English in the workplace?

The answer to that question, like the gray area that surrounds many legal questions, is “it depends.”

“While there is no specific law that requires a specific language in the workplace, Title VII of the Civil Rights Act and the Arizona Civil Rights Act prohibit discrimination based upon national origin and language is closely tied to national origin,” said Stephanie Quincy, a partner with Steptoe & Johnson LLP in Phoenix. “The Equal Employment Opportunity Commission (EEOC) is a federal agency that enforces Title VII and the Arizona Civil Rights Division of the Arizona Attorney General’s Office enforces the Arizona Civil Rights Act.  Both agencies are very concerned that employers will enact language requirements not because of business necessity, but as a way of excluding certain nationalities from the workplace. The Phoenix office of the EEOC sued a restaurant located on the Navajo Nation for enacting an English-only policy, resulting in years of protracted litigation for the employer.”

That restaurant is not alone. The EEOC recently released figures on what kinds of employment discrimination cases are being brought to the agency and complaints of discrimination based on national origin, including those involving perceived problems with language ability or accent, have increased  77 percent since 1997. The EEOC has suggested that it might be the increasing diversity of the American workforce, but civil rights advocates think it’s more likely due to a climate of fear, particularly in states like Arizona that have been enacting laws hostile to immigrants, both legal and undocumented.

“Generally speaking, English-only rules are not in and of themselves unlawful,” said John Balitis, a director at Fennemore Craig who practices in the labor and employment area. “They are permissible when needed to promote the safe and efficient operation of the employer’s business.”

According to Joseph T. Clees, shareholder, and Alexandra J. Gill, associate, of Ogletree, Deakins, Nash, Smoak & Stewart, there are some circumstances where an English-only rule may be necessary to further a safety, efficiency or other legitimate business concern. The EEOC has provided examples of such circumstances including, communication with customers, employees or supervisors who only speak English; emergency situations; cooperative work assignments where the English-only rule is necessary for efficiency purposes; and to assist supervisors with monitoring of performance.

“This is an extremely high standard and very difficult to meet,” Quincy said. “Furthermore, some of these categories would only permit an English-only rule where the business necessity is present and would not support a rule completely prohibiting non-English languages completely.”
This is where that gray area comes into play when it comes to language in the workplace, experts said.

“If the employer cannot demonstrate that (speaking English) is a ‘business necessity,’ it cannot justify such a rule and could be subject to legal action by any employee who is affected by the policy,” Quincy said. “A policy does not have to be a formal written policy. A rogue supervisor can create a policy by simply telling employees speaking Spanish to quit doing so. Such a policy can almost never be supported when enforced on employee breaks or when employees are having non-work related discussions.”

Because the EEOC has taken the position that English-only policies can violate Title VII, Clees and Gill said employers adopting these policies can face a range of penalties under Title VII if the policy is found to be discriminatory.

“An individual alleging a violation of Title VII may seek to recover damages including back pay, front pay, compensatory damages, punitive damages, and attorneys’ fees,” they said. “Individuals may also request injunctive relief.”

Because of the potential backplash, Clees said employers should carefully analyze their reasoning for instituting an English-only policy prior to doing so.

“Employers should consider whether the policy has important safety justifications and/or business justifications, and whether instituting the policy would be effective in advancing the desired business purpose,” he said. “Employers should also consider whether there are any alternatives to an English-only policy that would accomplish the same goals. If an employer decides to an English-only policy is necessary, it should ensure that employees are clearly informed of the policy, including when and where it applies.”

While there is no precise test for weighing or evaluating the business reasons for a language policy in the workplace, Quincy said the EEOC suggests considering:
· Evidence of safety justifications for the rule.
· Evidence of other business justifications for the rule, such as supervision or effective communication with customers.
· Likely effectiveness of the rule in carrying out obectives.
· English proficiency of workers affected by the rule.

“Employers should only (implemented policies that either completely or partially prohibit the use of any language other than English) if they can articulate a business necessity for such policies,” said Charitie L. Hartsig, an associate at Ryley Carlock & Applewhite. “They should also clearly inform employees of the circumstances under which they will be required to speak only English and the consequences of violating the policy. Limited English-only policies have been allowed under Title VII where the policies are in place to ensure clear communications regarding the performance of dangerous and safety-sensitive tasks. The EEOC presumes that an employer that completely prohibits employees from speaking their native language disadvantages the employee’s employment opportunities on the basis of national origin under Title VII. However, the Ninth Circuit rejected the EEOC’s per se rule. Nevertheless, Arizona employers should be cautious about implementing English-only policies and do so only when there is a business necessity for doing so.”

Despite an employer’s best business intentions, experts said instituting a language policy in the workplace is most likely a powderkeg ready to explode.
“The EEOC presumes that English-only rules applied at all times are discriminatory,” Balitis said. “Because the EEOC looks with disfavor on English-only rules, an employer may be forced to litigate even the most carefully crafted rule.”

Just B

Just B – B Just Now In Whole Foods In Phoenix

A social enterprise company, Just B – B Just, is a program of the Lodestar Day Resource Center located on the Human Services Campus in Phoenix. The innovative non-profit organization is known to be a national model for ending homelessness and as of Monday, July 2, 2012 the social enterprise company has moved into a major retail outlet. Just B products that until now have been sold at mainly at farmer’s markets are now available at the Whole Foods Market located at Tatum and Shea in Phoenix with plans to get the product into all five Arizona stores, and hopefully nationwide.

“We are very excited,” remarked Mike Tapscott, Special Projects Manager for Just B. “We have a great, high quality products and the company is run almost entirely by formerly homeless individuals. Through this social enterprise, we allow people to create their own solutions to end their homelessness.”

Jessica Berg, Executive Director the Lodestar Day Resource Center, hopes that the Whole Foods partnership is just the beginning – as more products are sold, and revenues increase, Just B will be able to hire more people looking to end their homelessness. “All of us at Just B – B Just, the Lodestar Day Resource Center, and the Human Services Campus are thrilled about our new partnership with Whole Foods. It is exactly that – a partnership. Whole Foods is now helping us with sustainable solutions to ending homelessness. I’m incredibly proud of the innovative, collaborative work we do on this 12-acre Campus, but we know we can’t do it alone. Homelessness is a community challenge, and we need the community to help us make progress. Whole Foods is an example of socially responsible business, and we are honored that they want to help us get the word out about our work. Now, every time someone buys one of our beauty products at Whole Foods, that individual is helping to end homelessness. We couldn’t be happier.”

Michael Tapscott, the managing director of the Just B program said “Food, water and shelter restore health, but the pride and dignity from a job well done restores life.”

For more information on Just B – B Just, visit Just B’s website at justbbjust.com.

Scottsdale, Regional Wineries

Regional And Scottsdale Wineries 101: Learn All About Your Favorites

We all know that Scottsdale is full of fabulous eats, but there is also much to be said for the growing portfolio of fine wines popping up at your friendly, neighborhood resorts, bistros, bars and even breweries.

Why not take some time to learn more about some of the up-and-comers to the area? Below, we will take a look as both some local, Scottsdale wineries and regional classics.


First up – Napa’s Etude Winery:

How did the winery make its mark?

Founded in 1982 by Tony Soter, his philosophy was, “Winemaking begins in the vineyard, long before the grapes are harvested. Inspired grape growing diminishes the need for intervention by the winemaker, resulting in superior wines that are grown, not made.”

Jon Priest, current winemaker and general manager, maintains this approach and continues to build on the Etude legacy. Etude specializes in two classic red varietals — Cabernet Sauvignon and Pinot Noir.

Where is it currently available in Scottsdale?

Etude wines are available in fine wine shops and many fine dining restaurants in and around town.

What is your favorite Valley foodie event?

Etude is involved in many wine-maker dinners as well as Phoenix Cooks.


And now, a local favorite – Arizona Stronghold Vineyards.

How did the winery make its mark?

The year was 2002. Eric Glomski was making wine at Echo Canyon Vineyard & Winery near Sedona; he was hard at work when a mysterious black Range Rover pulled up to the remote vineyard in the Arizona high desert.

“I thought, ‘These folks must be lost,’ ” remembers Glomski.

In fact, driver Maynard James Keenan knew exactly where he was. Popularly known as the iconoclastic lead singer of Tool, he was also a passionate wine-lover who wanted to plant grape vines on his property in the nearby artist colony of Jerome.

Over the next few years, Glomski and Keenan each founded private wine labels. Glomski purchased a creek-side estate in the nearby town of Cornville and started Page Springs Cellars, a sustainable winery and bottling house. Keenan, in the meantime, learned the art of winemaking from Glomski and started two labels: Caduceus Cellars and Merkin Vineyards.

Meanwhile, the two friends developed a parallel obsession: Launching Arizona wines into the consciousness of wine-lovers everywhere, which they partnered to do together.

Where is it currently available in Scottsdale?

AJ’s Fine Foods, Whole Foods, Fry’s, Total Wine, 32 Shea and more than 100 restaurants in Scottsdale.

What is the best Scottsdale-area event the winery has participated in?

Stronghold has participated in some great events over the years, but the Scottsdale Culinary Festival Best of Fest and The First Press Weekend of Wine definitely stand out.

How would you describe some of your best-selling varietals?

DAYDEN (Dry Rosé ): Dayden is all about subtlety and finesse. This alluring pink wine is dry and fruity, not sweet.

TAZI (Aromatic White blend): Slightly chilled, Tazi restrains itself offering notes of lemon, green peppercorns, fresh herbs and almond biscotti.

DALA (Cabernet Sauvignon): The newest release from ASV, this Cabernet Sauvignon has power and subtlety with a solid bouquet of black currant, cassis, spice cake, fennel and graphite.

MANGUS (Tuscan blend): This is a medium-bodied Sangiovese based blend, displaying fragrances of dusty spice, dried orange peel, tart raspberry, flowers, graphite and rustic dried herbs.

NACHISE (Rhone blend): This award-winning wine has beautiful aromas of concentrated dark fruits, mocha, tar, sweet cigar smoke, hints of black tea, star anise and pumpkin pie spice.


And finally, a Paso Robles gem – L’Aventure Winery.

How did the winery make its mark?

Owner and winemaker Stephan Asseo came to Paso Robles in 1998 after making wine at his family’s three properties in Bordeaux, France for 17 years.

How would you describe some of your best-selling varietals?

Asseo’s intent when he launched the winery was to find a region where he would have the freedom to craft his own avant-garde Cabernet Sauvignon/Syrah blends, which are now known as Optimus and Estate Cuvee. At the time, this was not permitted in the Bordeaux area. He found such a place on the west side of Paso Robles, where the chalk soils, rolling topography and maritime influence combine to make a world-class growing area. They remain the best-sellers today.

Where is it currently available in Scottsdale?

Less than a decade after launching his label the region, Asseo made his way into Scottsdale with a vengeance. He began selling in the area in 2005 with AZ Wine Company and Arcadia Fine Wine being two of his top local retail outlets.

Vestar Development Investment

Vestar Development, Rockwood Capital Acquire LV Retail Center for $79M

Phoenix-based Vestar Development, in a joint venture with New York-based Rockwood Capital, is acquiring The District at Green Valley Ranch, a 384,107 SF landmark retail property located outside of Las Vegas, for $79M, the firms announced.

The all-cash deal, the city’s second largest commercial real estate investment transaction in three years, closed Friday, October 21.

“Now is a great time to invest in the Las Vegas retail real estate market, particularly in projects like this one,” says Rick Kuhle, president of Vestar Development. “This center has recently struggled, but we are confident and excited about stabilizing it over the coming year. We’re very bullish about these types of value-added investment opportunities and are aggressively seeking more properties like it in Las Vegas and throughout the West.”

We believe this is a compelling opportunity based upon the high quality of the center and the solid in-place cash flow,” says Joel Mayer, managing director at Rockwood Capital. “We have a longstanding relationship with Vestar and their extensive knowledge of this asset and market make them the ideal partner for this project.” 

Richard Walter, president, and Donald MacLellan, senior managing director, out of Faris Lee’s Irvine, Calif., headquarters, and Rob Moore, senior managing director in Faris Lee’s Las Vegas office represented the seller, LNR Partners, LLC. 

The District is located within Green Valley Ranch, a leading master-planned community located in the Black Mountain foothills, about 10 miles southeast of the Las Vegas Strip.

Phase one of The District was developed in 2004 and encompasses 212,622 SF of retail and office space on the west side of Green Valley Parkway. The 21.54-acre property is comprised of 50 national and regional stores and restaurants; 88 luxury condominiums; and complementary office users. The shopping, dining, entertainment, residences and office space are joined via a pedestrian-friendly main street plaza and a central park. Phase one is 85% leased to several high-profile tenants including REI, Pottery Barn, Anthropologie, Williams-Sonoma, Ann Taylor Loft, White House/Black Market, King’s Fish House and P.F. Chang’s.

Phase two of The District was developed in 2006 and totals 171,485 SF on 16.02 acres. The property consists of six buildings with a retail and office tenant mix. Phase two is 82% leased, anchored by Whole Foods and also including tenants such as West Elm and The Cheesecake Factory.

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For more information about Vestar Development, Rockwood Capital or The District at Green Valley Ranch, visit:

www.vestar.com
www.rockwoodcap.com

www.thedistrictatgvr.com

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