It’s no secret that things are good in commercial real estate.
“The Phoenix operation had a record year in 2017,” said Bryon Carney, market leader of Cushman & Wakefield Phoenix. “Each of our talented top brokers continue to provide our clients with vast knowledge and resources to enable them to make the most informed real estate decisions.”
From big industrial deals to blockbusters multifamily transactions to continued interest in the Valley’s urban core, Metro Phoenix brokerage firms have had a lot to celebrate since things started turning around after the Great Recession.
“We celebrated many successes in 2017, a strong year for NAI,” said CEO and President Terry Martin-Denning. “I’m proud of our achievements as a firm and the success of each of our agents. We are on track to make 2018 another banner year.”
And things are only looking to continue on a positive path. NAI Horizon expanded its presence in the Valley with the addition of six agents.
So who stood out in a year packed with standout deals? Here are the top performers for 2017, broken down in alphabetical order by brokerage.
ABI Multifamily
Large/Institutional Apartment Group
2017 sales volume: $337 million
Number of units transacted: 3,397 Units
Team members: John Kobierwoski, senior managing partner; Alon Shnitzer, senior managing partner; Rue Bax, senior managing partner; Doug Lazovick, partner; Eddie Chang, partner
Mid/Small Apartment Group
2017 sales volume: $94 million
Number of units transacted: 1,082 Units
Team members: John Klocek, vice president; Patrick Burch, vice president; Royce Munroe, vice president; Ryan Smith, vice president; Nathan Bruer, vice president
NOTABLE DEAL:
ABI Multifamily brokered the deal for Alta Fillmore (now Pure Fillmore) at 601 W. Fillmore St., Phoenix.
CBRE
1. (tie) Tyler Anderson
1. (tie) Sean Cunningham
3. (tie) Kevin Calihan
3. (tie) Bryan Taute
5. Brad Anderson
6. Asher Gunter
7. (tie) Jim Trobaugh
7. (tie) Rob Marsh
7. (tie) Chris Hook
7. (tie) Mark Seeley
NOTABLE DEAL:
CBRE represented The Boyer Company in the deal for Rio2100 – Freedom Financial, 2100 E. Rio Salado Pkwy., Tempe.
Colliers International
• Todd Noel, CCIM: Office properties
• Cindy Cooke: Multifamily investments
• Ryan Timpani: Office properties
• MacWilliam Team: Industrial properties
• Rob Martensen, SIOR, CCIM: Industrial properties
• Jim Keeley, SIOR, CCIM: Industrial properties
• Brad Cooke: Multifamily investments
• Mindy Korth: Investment properties
• Tim Dulany: Healthcare properties
• Philip Wurth, CCIM: Office properties
NOTABLE DEAL:
Colliers International brokered the deal for an East Valley 3 Portfolio that included Arcadia Cove, 2252 N. 44th St., Phoenix (pictured); Tuscany Palms in Mesa; and MIDTown on Main in Mesa.
Commercial Properties, Inc.
1. Leroy Breinholt
2. Eric Jones
3. Tyson Breinholt
4. Matt Zaccardi
5. Ken Elmer
6. Ron Schooler
7. Brandon Koplin
8. Jeff Hays
9. Darin Edwards
10. Shane McCormick
NOTABLE DEAL:
Commercial Properties, Inc. brokered the deal for Southbank Business Center, 3249 and 3259 E. Harbour Dr., Phoenix.
CRESA
1. Gary Gregg
2. Jason Wery
3. Mike Gordon
4. Ashley Snyder
5. Eric Walker
6. Chris Walton
7. Ted Lilles
8. Scott Maxwell
9. Ryan Burkett
10. Rod Beach
NOTABLE DEAL:
CRESA represented the tentant, Govig & Associates, for their deal on 7150 E. Camelback Rd., Suite 555, Scottsdale.
Cushman & Wakefield
1. Eric Wichterman: Capital markets – office
2. Michael Hackett and Ryan Schubert: Capital markets – retail
3. Mike Haenel, Andy Markham and Will Strong: Industrial services
4. Mike Beall: Office services
5. Jeff Wentworth: Office services
6. Chris Hollenbeck: Retail services
7. Chris Walker: Office services
8. Jim Crews: Capital markets – multifamily
9. David Fogler and Steven Nicoluzakis: Capital markets – multifamily
10. Sean Spellman: Office services
NOTABLE DEAL:
Cushman & Wakefield brokered the deal for the iconic Park Central Mall, 3121 N. 3rd Ave., Phoenix.
JLL
(In alphabetical order)
• Ryan Bartos: Tech
• Mark Bauer: Data centers
• John Bonnell: Office
• John Cunningham and Charles Steele: Multifamily investment
• Pat Harlan and Steve Sayre: Industrial
• Keith Lammersen: Tech/office
• Steve Larsen: Industrial
• Andrew Medley: Tenant representation
• Tyson Switzenberg: Retail
• Pat Williams: Tenant representation
NOTABLE DEAL:
JLL represented the tenant, Freedom Financial, for its deal on Freedom Financial Network at Rio2100, 2100 E. Rio Salado Pkwy., Tempe
Kidder Mathews
1. Eric Bell and Mike Ciosek
2. Darren Tappen
3. Fletcher Perry and Michael Dupuy
4. Matt Ault
5. Aric Adams
6. Mike Kasulaitis
7. Michelle Gardner
8. Jenette Bennett
9. Rachael Thompson
10. Dylan Scott
NOTABLE DEAL:
Kidder Mathews brokered the deal for Pinnacle Peak Commerce Center, 23751 N. 23rd Ave., Phoenix.
Land Advisors
1. Greg Vogel
2. Waseem Hamadeh
3. Ben Heglie
4. Kirk McCarville
5. Michele Pino
6. Bret Rinehart
7. Chad Russell
8. Mike Schwab
9. Ryan Semro
10. Bobby Wuertz
NOTABLE DEAL:
Land Advisors brokered the deal for Lake Pleasant Heights in Peoria.
Lee & Associates
1. Craig Coppola, Andrew Cheney: Office
2. Stein Koss, Tom Louer: Industrial
3. Bill Blake, ColtonTrauter: Office
4. Ken McQueen: Industrial
5. Rick Lee: Industrial
6. Bob Kling: Industrial
7. Matt Hobaica: Industrial
8. Adam Tolson: Office
9. Andy Ogan: Industrial
10. Mark Linsalata: Industrial
NOTABLE DEAL:
Lee & Associates brokered the deal for One and Two Renaissance Square, 2 and 40 N. Central Ave., Phoenix.
Marcus & Millichap
1. Peter Katz
2. (tie) Steve Gebing and Cliff David
4. (tie) Mark Ruble and Jamie Medress
6. Hamid Panahi
7. Pete Te Kampe
8. Josh Tammen
9. Rich Butler
10. Sanford Burstyn
NOTABLE DEAL:
Marcus & Millichap brokered the deal for The Ledges at West Campus, 2162 W. Speedway Blvd., Tucson.
NAI Horizon
1. Russ Warner: Investment sales (manufactured housing and RV parks)
2. Mark Wilcke: Industrial
3. Tyler Smith: Office
4. Barbara Lloyd: Investment sales
5. Lane Neville: Investment sales
6. Rick Foss: Industrial
7. Chris Gerow: Retail
8. Shelby Tworek: Retail
9. Denise Nunez: Investment sales (Self storage)
10. Isy Sonabend: Industrial
NOTABLE DEAL:
NAI Horizon brokered the deal for Pointe Business Plaza, 7227 N. 16th St., Phoenix.
Newmark Knight Frank
Mike Garlick, SIOR: Office
Christopher Krewson: Office
Mike McQuaid, SIOR: Office
Kathleen Morgan, CCIM: Medical office
Tim Westfall: Retail
Trisha Talbot, CCIM: Medical office
Michael Crystal: Office
Brad Goff, ARA: Multifamily
NOTABLE DEAL:
Newmark Knight Frank brokered the deal for El Dorado Tech Center, 2299 W. Obispo Ave., Gilbert.
SVN | Desert Commercial Advisors
1. Rommie Mojahed (closed $55 million in transactions in 2017 — sales and leasing)
2. Danny Lee
3. Justin Horwitz
4. Mary Nollenberger
5. Paul Borgesen III
6. Carrick Sears, CCIM, MBA
7. Beau Flahart
8. Jonathan Levy
9. Chip Kloppenburg, CCIM, CEA
10. Vicente Cantua
NOTABLE DEAL:
SVN | Desert Commercial Advisors brokered the deal for Los Compadres Apartments, 3518 W. Dunlap Ave., Phoenix.