Scottsdale-based luxury residential real estate brokerage Walt Danley Realty announced the formal launch of its boutique commercial brokerage division, Walt Danley Commercial.

“We chose to launch the division now because we see great opportunities,” said Tom Snyder, designated broker of Walt Danley Realty. “Across all spectrums of metro-Phoenix’s commercial real estate industry, we are experiencing a recovery cycle after several years of downturn.”

Snyder adds that unemployment is down to a four year low, new housing starts are the highest in four years and homebuilder confidence is up.

“With conditions such as record low interest rates, multifamily prices rising, considerable activity in investment grade properties and home foreclosures declining, we feel confident that now is the right time to enter the commercial real estate market,” he says.

“Our commercial division is an extension of our residential real estate brand,” says Walt Danley, president of Walt Danley Realty. “Commercial is the natural progression for us as many of our clients are investors and business owners. We look forward to servicing our clients in all of their real estate needs with our signature customer approach.”

Notably, Danley has made business decisions like this throughout his career to ensure his clients receive “white glove treatment.” When Danley was a single real estate agent, he referred business to agents outside his market area.

Then, according to Danley, rather than risk clients not receiving his high standards in service, he decided to establish a team of agents to cover a larger market area and keep that business; which later led to the founding of Walt Danley Realty.

Danley will remain at the helm of the firm’s luxury residential real estate offering, and Snyder will head its commercial division.

Snyder has experience in both commercial and residential real estate, and previously owned his own real estate brokerage for nearly 30 years. He has served as a CFO, as well as in other executive roles for national and international corporations. Snyder has serviced clients across the U.S. in site selection, planning and zoning, financial analysis, construction and leasing.

Walt Danley Commercial recently hired Guy Donahue, a real estate veteran with more than 30 years experience, as its Commercial Realtor. Previously, he was instrumental in the planning, implementing and building of the 1,000-acre master-planned community, The Ocotillo Community and Golf Course.

“It’s an honor to join such a prestigious and well-known brand,” Donahue said. “The marketing support is second to none and we’re looking forward to assisting Danley’s current clientele with their commercial real estate needs.”

Services through Walt Danley Commercial include:

• Commercial land sales

• Office building sales

• Office leasing

• Medical building sales

• Apartment sales

• Residential land sales

• Retail center sales

• Industrial land sales

• Industrial building sales

“Our commercial division will follow the same customer-centric business model that has been so successful in our residential space,” Danley added.

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