Monthly Archives: August 2018

By Roland Murphy for Arizona Builder’s Exchange A new, 85KSF speculative industrial building will be going up at Falcon Field in Mesa. According to developer Majestic Realty Co.’s proposal narrative, “The project will be a state of the art, +/-85KSF industrial building located at the NWC of Higley and Ingram. The building will be multi-tenant […]

As many of our readers have noticed, AZBEX staff has grown tremendously in the past few years. Nearly doubling since 2015, the talented team now sits at eight strong, plus our ever-fearless leader Rebekah. Recently we’ve made some organizational shifts to more align actual roles and responsibilities with titles. Promotions 1. Rebekah Morris— President: “After […]

Awards & Accolades 1. McCarthy Building Companies Inc. ranked No. 7 in Solar Power World’s 2018 Top Solar Contractors list of top contractors in the U.S. McCarthy was also ranked No. 5 on the “Top 10 Solar EPCs” list and No. 7 on the Top 10 Utility Solar Contractors list. In 2017, which the lists were based on, McCarthy’s Renewable Energy team installed […]

Awards & Accolades 1. Achen-Gardner Construction’s Primus Line installation project for the City of Peoria has won a 2018 Engineering Excellence Grand Award from the American Council of Engineering Companies of Arizona. Groundbreakings 2. Optima Kierland Center announced they have broken ground on the second phase of condominium homes for sale at the development. Completion is expected […]

By Roland Murphy for Arizona Builder’s Exchange Semi-custom kitchen, bathroom and office solutions manufacturer SOLLiD Cabinetry is looking to expand its operations with a new headquarters, manufacturing and distribution facility on 17.5 acres at the SWC of Germann Road and Stearman Drive in Chandler. The company has requested an Area Plan Amendment to the Chandler […]

By Roland Murphy for Arizona Builder’s Exchange American Express is creating a fourth building on its 90-acre Desert Ridge campus at 56th Street and Mayo Boulevard in North Phoenix. According to information provided to AZBEX by Lauren Brogie, manager of public affairs for AMEX, the new four-story, 300KSF-plus building will be located on the north […]

Sales Transactions 1. CBRE has arranged the $153.5M sale of a three-property multifamily portfolio in Tempe and Mesa. Priderock Capital Partners acquired the portfolio from IMT Residential. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office arranged the transaction for the seller. The properties were: Del Coronado, Mesa, 419 units; Moorings at Mesa, […]

By Adrienne St. Clair for Arizona Builder’s Exchange Puppyfeathers Limited Partnership and Metro Commercial Properties have submitted a project proposal to the City of Mesa to build a new industrial development along the US 60 corridor. The new complex, Metro East Valley Commerce Center II, will include two buildings, totaling 363KSF, to be used for […]

By Adrienne St. Clair for Arizona Builder’s Exchange Hines is continuing its expansion into the high-end storage market with a planned 700 unit “mini-warehouse” and self-storage project — complete with RV parking — in Tempe. Traditionally known for office space development, the firm submitted a request for a use permit to the city back in […]

Awards & Accolades 1. Two firms in the Arizona CRE sector have been honored with inclusion on the Inc. 5000 List. Clear Title Agency of Arizona was named for the third time and Caliber – The Wealth Development Company was included for the fifth time. 2. Western powerhouse law firm Snell & Wilmer recently announced […]