RENAISSANCE SQUARE WINS THE OUTSTANDING BUILDING OF THE YEAR AWARD

Hines, the international real estate firm, announced today that Renaissance Square was recognized by the Building Owners and Managers Association (BOMA) of Greater Phoenix with its highest honor, The Outstanding Building of the Year Award (TOBY) Friday, Nov. 4, during the 2016 TOBY Awards Event at the Arizona Biltmore. Renaissance Square, a LEED® Gold-certified building,…

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Daum Negotiates 21st Century Healthcare 100,000 SF Lease for Manufacturing Facility in Tempe

Daum Commercial Real Estate Services has negotiated the lease of a 100,000-square-foot manufacturing facility located at 525 W. Alameda Drive in Tempe. Rich Sica, executive vice president with Daum Phoenix, represented the lessee, 21st Century Healthcare, in the transaction. This represents Sica’s fourth lease transaction for the nutraceutical company to expand in the Valley over…

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NorthMarq Capital arranges $52M in loans for a 22-property portfolio in Phoenix Metro

James DuMars, managing director/senior vice president of NorthMarq Capital’s Phoenix-based regional office, arranged $52 million (the aggregate of all individual loans) on the refinance of the 19 shopping centers and 3 commercial properties, totaling 1.5MM square feet, located throughout the Phoenix Metropolitan Area. The financing of the portfolio was structured amongst three institutional lenders.  …

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NorthMarq arranges financing for Seville Professional Center in Scottsdale

James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix-based regional office and Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco regional office arranged a $14.8 million loan on the refinance of Seville Professional Center, an approximate 92,000 square foot multi-tenant office building in Scottsdale, Ariz. The transaction was structured with a…

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SimonCRE Announces Two New Hires

Commercial real estate developer SimonCRE announces the hiring of two new additions to the company. Brent Atkisson joins the team as Construction Manager and Evan Willee as Marketing Coordinator. Atkisson is a highly experienced construction manager with a background in development, remodeling, property management, IT infrastructure facility management, and maintenance. He has managed 75 ground-up…

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CBC Advisors Announces New State-of-the-Art Office in Downtown Phoenix

Coldwell Banker Commercial Advisors (CBC Advisors), the largest and top performing Coldwell Banker Commercial affiliate globally, today announced its recent office signing at The Biltmore Center located at 2398 East Camelback Road, Suite 520.  The new CBC Advisors Phoenix facility will open in January to allow further expansion of one of the most rapidly growing…

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NorthMarq Capital’s Phoenix and Los Angeles offices arrange $52.7M in loans for a 6-property industrial warehouse portfolio

James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix-based regional office, and Michael Elmore, executive vice president/managing director of NorthMarq Capital’s Los Angeles-based regional office, arranged $52.7 million (the aggregate of all individual loans) on the refinance of 6 industrial warehouse properties, totaling almost 1.2MM square feet, located in Phoenix and Tolleson, Ariz. The…

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Valley Partnership helps create a fitness park at Sunshine Acres Children’s Home as 29th Community Project attracts 300 volunteers

By Savannah Haas   On a clear and brisk morning, more than 300 volunteers helped transform an underutilized parcel of land into a vibrant fitness park and recreation area at Sunshine Acres Children’s Home in Mesa. For the second straight year, a record number of volunteers participated in Valley Partnership’s 29th Annual Community Project. In…

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CONSTRUCTION FIRMS ADD 11,000 EMPLOYEES IN OCTOBER AS SECTOR’S EMPLOYMENT IS AT THE HIGHEST LEVEL SINCE DECEMBER 2008 DESPITE DROP IN PUBLIC SPENDING

Construction employers added 11,000 jobs in October as employment in the sector is at the highest level since December 2008 despite declines in public sector investments in construction projects, according to an analysis by the Associated General Contractors of America. Association officials noted that average hourly earnings for construction workers increased by 3.2 percent compared…

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Cresa Phoenix Dominates at the Goodmans Chair Hockey Tournament

Cresa Phoenix recently won Goodmans Chair Hockey Tournament, hosted by Goodmans Interior Structures and produced by Rooted in Good, Inc., an Arizona 501(c)3 operated by Goodmans employees. This year’s event raised $10,000 for First Place® AZ, a local non-profit working hard to ensure that housing options for people with autism and other special abilities are…

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