ViaWest Group Expands Operations with TWR Company

ViaWest Group is pleased to announce the
expansion of their company through an affiliation with TWR Company, which is operated by
Tom Richards. ViaWest has been one of the fastest growing real estate investment companies in
the Valley over the last few years with over $200MM of acquisitions. TWR Company is a
boutique, commercial real estate, investment company headquartered in Phoenix with 14 years of
experience in retail property development and value-add acquisitions. TWR Company
specializes in build-to-suits and redevelopment for retail product and has a complementary skill
set with ViaWest in ground-up development, in redevelopment/repositioning of existing
properties, and with a flexible and adaptable structure that maximizes returns and reduces costs
to its clients.

Tom Richards

Tom Richards has extensive knowledge in REO’s, short sales, foreclosures, loan pools,
and value-add real estate. Most recently Mr. Richards was a broker for two years at Voit Real
Estate Services’ Phoenix office, with a focus on investment sales in the retail, office and
industrial markets. He received his Bachelors of Science in Real Estate from Arizona State
University.

The strategic affiliation of ViaWest Group and TWR comes on the heels of a strategic
affiliation between ViaWest Group and Aspire Real Estate Investments earlier this year. Aspire
was recently formed by Branden Lombardi and Zach Sakas and focuses on residential land
investment and development.

ViaWest has been a leader in the office and industrial sectors and active in the multifamily
sector. By adding depth in retail property and residential land investment and
development, ViaWest becomes the only company headquartered in Phoenix that is a leader
within these various product types.

ViaWest was able to maintain profitability during the recession by forming ancillary
businesses including an investment fund focused on the preferred shares of the REITs. By
stabilizing its legacy portfolio of office and industrial properties to over 95 percent occupancy,
ViaWest was then able to focus on the purchase of distressed properties with significant vacancy.

“We excel at stabilizing troubled properties by combining our entrepreneurial energy with
institutional quality management, and Tom’s multi-dimensional skill-set and combination of
institutional real estate and retail development experience is a perfect fit,” added Steven
Schwarz, Principal of ViaWest Group.

Leave a Reply

Your email address will not be published. Required fields are marked *

eight + eight =