Beginning a new chapter for her company and celebrating its 10th anniversary, Andrea Davis announced a rebranded full-service commercial real estate firm, Davis Commercial AZ.
Formerly Andrea Davis CRE, the rebrand also includes a new website and move to a new office at 8160 E. Butherus Drive, in Scottsdale.
“While our brand identity has changed, our mission to help clients realize their commercial real estate vision, remains the same,” said Andrea Davis, CCIM, Principal of Davis Commercial AZ. “As we move into our next chapter, we will continue to develop strong relationships built on trust and communication while working on our clients’ behalf to secure all possible incentives in the marketplace.
“As we make our way into 2022, the rebrand allows us to better communicate the breadth of expertise our company truly represents,” Davis said.
Founded in 2002, Davis Commercial AZ is also celebrating its 10th anniversary. The office has grown to three full-time brokers and is looking to expand, Davis said.
During the past 10 years, Davis Commercial AZ has worked with owners, buyers, and tenants at The Venue in Scottsdale; Sundance Medical Center in Buckeye; Fountain Hills Medical Center; Buckeye Surgery Center; Sunrise Preschool; Value Truck; Mattress & Furniture Gallery; Meineke; Dutch Brothers; multiple office condo parks throughout Metro Phoenix; and a variety of warehouse and distribution centers.
“We doubled in size in the last two years, brought in new clients, outgrew our office, and added brokers to accommodate the growth,” Davis said.
The expansion of the team and client base inspired a rebrand and Davis Commercial AZ emerged from that vision, Davis said. The increased business volume compelled her to open an office in the Scottsdale Airpark. Davis has discovered what her clients go through when they purchase a commercial building and remodel. It was a humbling experience taking almost a year to move in.
Davis Commercial AZ closed more than 80 transactions totaling more than 625,000 in the past two years. The most notable transaction — a redevelopment deal in Old Town Scottsdale, The Venue — closed after two years in escrow. In addition, Davis closed a variety of other deals throughout the Valley and its expertise expanded to out-of-state locations like Nevada, Colorado, Oregon, Illinois, New Hampshire, and Tennessee.
“Arizona continues to be a hotspot for out-of-state companies, and we helped enthusiastic businesses relocate to the Valley from major cities like Seattle, Portland, and Chicago,” Davis said. “We anticipate continued steady growth in 2022.
“Despite current challenges, the commercial real estate outlook for 2022 is still bright. With cautious optimism, there will be new opportunities in urban and suburban markets, and Phoenix is one those Sun Belt metros leading the way,” she said.