Yearly Archives: 2011

EUGENE, OR - October 12, 2011 - (RealEstateRama) -- IDX, Inc. announces Nancy Hawkins of Hawkins & Associates Realty Inc. has adopted a customizable IDX solution for her professional website. Hawkins joins the growing network of agents and brokers who have already transformed their own online real estate websites with the innovative IDX Broker software. Hawkins can now sync her website to the Arizona Regional MLS (ARMLS), making thousands of properties available for home seekers around Arizona to search through. Never before has such a comprehensive and thorough online real estate solution been so readily available to agents, broker or potential buyers online.

TUCSON, AZ - October 17, 2011 - (RealEstateRama) -- The office of U.S. Rep. Gabrielle Giffords is holding a workshop today to provide information to homeowners and business owners who are considering solar energy for their properties.

Scottsdale, AZ - October 7, 2011 - (RealEstateRama) -- Sperry Van Ness – SVN Partners in Greater Phoenix negotiated the $675,000 REO sale of the former L & G Center located at 9188 E. San Salvador in Scottsdale, Arizona. Neil Sherman, Nicole Ridberg, and Justin Horwitz of Sperry Van Ness’ Phoenix office represented the seller, Centennial Bank. The property was acquired by Mark Siegel, D.O. and Sathish Chari, D.D.S, who was represented by Thomas Weinhold of the NAI Horizon office in Phoenix, Arizona.

Phoenix, AZ - September 27, 2011 - (RealEstateRama) -- Real estate veterans G-II Varrato and Lori Klindera have seen it all in their 25 years in the real estate industry – until recently. The husband-wife duo, both military specialists with Coldwell Banker Residential Brokerage, helped Army veteran Jose Cordova, Jr. — a 22-year-old with tours in Afghanistan and Iraq under his belt — re-purchase his parents’ foreclosed-upon Phoenix home in September.

Phoenix, AZ - September 21, 2011 - (RealEstateRama) -- Sperry Van Ness – SVN Partners announced that Goodman and Partridge OB/GYN has signed a ten year, 8,500 square foot lease in Rome Towers located at 1760 E. Pecos Rd in Gilbert, Arizona. Goodman and Partridge OB/GYN intends to begin occupying the new space at the beginning of 2012. Goodman and Partridge OB/GYN has offices in various locations throughout the Phoenix metro area and has been providing care to women in the valley since 1976. Rome Towers represents one of the most high profile mixed-use buildings in the southeast valley. Sperry Van Ness’ Justin Horwitz and Nicole Ridberg served as the only brokers involved in the negations.

Phoenix, AZ - September 20, 2011 - (RealEstateRama) -- Lee & Associates Arizona is pleased to announce the closing of two REO industrial property sales in the East Valley. The vacant 30,552-square foot warehouse building at 150 South Dobson Road in Mesa sold for $735,000, or $24 per square foot. Lee & Associates Principals Matt Hobaica, Chris McClurg and TJ Swearengin represented the seller, National Bank of Arizona. Pat Mahoney of Arizona Commercial Real Estate Services represented the buyer, Units, Inc. The warehouse was built in 1977 and has both grade-level and truck-well loading access.

Phoenix, AZ - September 20, 2011 - (RealEstateRama) -- Lee & Associates Arizona is pleased to announce that Arizona Community Foundation (ACF) executed a 10-year, 17,219-square foot lease renewal of their Class A space at Anchor Centre West located at 2201 East Camelback Road. Lee & Associates Principals Craig Coppola, Andrew Cheney and Chris Krewson represented the non-profit tenant. Mike Beall of Cushman & Wakefield represented the landlord, DW Capital Partners.

Scottsdale, AZ - September 19, 2011 - (RealEstateRama) -- In August 2011, GPE Commercial Advisors reported closing five purchase transactions for $1.6M (35,559 square feet), 17 lease transactions for $5.4M (52,220 square feet) and one dental practice sale for $575,000. Combined, GPE represented 23 completed transactions for $7.6M totaling 87,779 square feet.

Scottsdale, AZ - September 19, 2011 - (RealEstateRama) -- GPE Companies, one of Arizona’s oldest privately owned property management, sales and leasing commercial real estate companies, is relocating to 2777 East Camelback Road in Phoenix.

Phoenix, AZ - September 19, 2011 - (RealEstateRama) -- Elected officials, community leaders and commercial real estate executives convene in a unique forum that will address energizing Arizona’s economy at CoreNet Desert Mountain Chapter’s signature event on October 19, 2011, at the Phoenix Convention Center.

TUCSON, AZ - September 13, 2011 - (RealEstateRama) -- The office of U.S. Rep. Gabrielle Giffords is leading a multistate effort to find the best ways of helping Americans who are threatened with losing their homes through foreclosure.

Scottsdale, AZ - August 30, 2011 - (RealEstateRama) -- Kevin Helland, a Senior Vice President with GPE Commercial Advisors in Phoenix, was recently appointed to The Salvation Army Advisory Council of the Phoenix South Mountain Community Center.

Scottsdale, AZ - August 25, 2011 - (RealEstateRama) -- In July 2011, GPE Commercial Advisors reported closing five purchase transactions for $4.2M (51,850 square feet plus a 38.16 acre land sale), 12 lease transactions for $1.8M (37,136 square feet). Combined, GPE represented 17 completed transactions for $6M totaling 88,986 square feet and the 38.16 acre land sale

Phoenix, AZ - August 10, 2011 - (RealEstateRama) -- Coldwell Banker Residential Brokerage, the real estate industry’s flagship producer of innovative technology and consumer services is proud to announce the development and implementation of a proprietary state-of-the-art cloud computing platform called HomeBaseSM, a companywide initiative poised to revolutionize many aspects of the traditional real estate transaction while sharply diminishing the organization’s and industry’s environmental footprint.

Scottsdale, AZ - August 10, 2011 - (RealEstateRama) -- Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., announces the $16.1 million sale of the Terravita Marketplace, a 102,733-square-foot retail center in Scottsdale, Ariz. Lee & Associates’ Phoenix office represented Westwood in the sale of the property, located at 34402-34502 North Scottsdale Road. It was purchased by Whitestone REIT.

EUGENE, OR - August 5, 2011 - (RealEstateRama) -- Eric Lichtenheld and IDX, Inc. have joined forces to bring thousands of Tuscon MLS (TAARMLS) listings to the fingertips of online Arizona home seekers. As a member of the TAARMLS, Lichtenheld has long had access to thousands of Pima County area listings. Now, his clients can experience the same levels of accessibility, once reserved only for agents and brokers, conveniently on the website Lichtenheld hosts. His custom IDX solution has forever changed the way his clients search for homes around Tuscon, Arizona

Phoenix, AZ - August 2, 2011 - (RealEstateRama) -- “Celebrating the International Year of Youth: Youth as Leaders, Change Makers, and Connected Global Citizens” in Doha, Qatar, ended July 28. Hosted by Global Citizen Corps, this program of Mercy Corps was implemented in partnership with Reach Out to Asia, a Qatari non-governmental organization that works under the auspices of the Qatar Foundation.

Improvements in blue-collar industries account for a significant share of Phoenix economic growth in 2011, despite choppy early year hiring. Total metro employment grew by 0.9%, or 14,900 positions. Manual-trade payrolls, in contrast, expanded by a healthy-1.1% year to date with the addition of 3,800 workers. The Valley’s manufacturing sector notched the most hires, adding 2,500 employees and offsetting the combined loss of 700 construction and transportation and utilities personnel through the second quarter. Moreover, major expansions by companies such as Federal Express, First Solar and Easy Energy Systems Inc. will boost the economy and leasing in the near term. Through the extended outlook, sales tax legislation may push more companies like Amazon to relocate from California to Arizona, further supporting industrial space demand. Although international and domestic concerns could dampen growth in the second half, the economic recovery is expected to gain momentum. Metr owide staffing levels will increase by a projected 39,000 positions, or 2.3%, in 2011, while blue-collar industries will add 12,500 workers, a 3.7% increase. National payrolls will rise by 1.65 million positions, or 1.3%

EUGENE, OR - August 1, 2011 - (RealEstateRama) -- IDX, Inc. and Denise Cote have joined forces to revolutionize the way Arizona home seekers search for properties online, by adding the innovative IDX Broker software to the website Cote hosts. As a member of the Arizona Regional MLS (ARMLS), Cote has long had access to the detailed property listings through their professional database. Now, with her IDX enabled search page, clients of Cote receive the same levels of access that was once reserved only for real estate agents and brokers, conveniently on her website. Her customizable IDX solution gives Cote and her clients more freedom and access to the ARMLS listings than ever before available online.

Phoenix, AX - July 29, 2011 - (RealEstateRama) -- Although office net absorption in Phoenix remains negative year to date, the local economic recovery gained traction in the second quarter. Businesses added 14,900 positions locally, a 0.9% staffing boost, in the past six months, compared to a nationwide increase of 757,000 jobs, or 0.6%. Improvements have been greatest in the Valley’s healthcare and leisure and hospitality sectors, with white-collar industries dampening overall growth through the first quarter of 2011. Nevertheless, Phoenix white-collar employers rebounded in the most recent quarter. Local office-using employment sectors augmented payrolls by an estimated 2,800 workers, a 0.7% quarterly gain, mirroring the healthy white-collar improvements that have been recorded nationally. Recent hiring announcements from companies including Safelite, Humana, Yelp and Easy Energy Systems Inc. support projections for a sturdy, albeit late, white-collar recovery through year end, helping to stabilize space demand. U.S. emp loyment will increase by a projected 1.65 million jobs in 2011, including to 39,000 positions in Phoenix, a 2.3% marketwide gain. Local white-collar sectors are anticipated to hire 5,600 workers, growth of 1.3%.