(PTK) People & Projects to Know in Commercial Real Estate - 2017

2018 EDITION

TRAILBLAZERS THE PEOPLE, PROJECTS AND DEALS THAT SHAPE ARIZONA

Celebrating

30 Years

PERSEVERANCE.

30

BUILDING SUCCESSFUL ARIZONA PROJECTS FOR 30 YEARS

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Moving up

E

ach issue of People & Projects to Know in Commercial Real Estate (PTK) highlights the stories of the biggest deals and projects to reach fruition in Arizona over the last 12 months along with the people and companies that make it all happen.

As the Greater Phoenix region and state continue its slow and steady recover from the last downturn, both have experienced a share of major commercial real estate wins. These deals and projects signify how Arizona and the Valley are moving up on the shortlists of companies looking to relocate and/or expand.

Again, this year’s People to Know list consists of the CRE industry’s heaviest hitters. As you read, you’ll learn about their careers, achievements and what makes them worth knowing in this tight-knit CRE community.

The Big Deals section recaps the priciest and largest industrial, land, multifamily, office and retail deals closed over the last 12 months, which includes a record-breaking multifamily deal in Downtown Phoenix.

Lastly, Projects to Know is a collection of significant projects completed this year and other new to market projects that will be coming down the pike.

Did we miss a person or project to know? Be sure to nominate your picks for next year’s people and projects to know through the electronic nomination forms on our website using the URL - azbigmedia.com/ open-nominations.

David McGlothlin Associate editor, AZRE david.mcglothlin@azbigmedia.com

TABLE OF CONTENTS 6 8 10 12 14 16 18 20 22 24 26 28 30

INDEX ARCHITECTS ATTORNEYS BROKERS DEVELOPERS ECONOMIC DEVELOPERS ENGINEERS FINANCIERS & ACCOUNTANTS GENERAL CONTRACTORS PROPERTY MANAGERS REITs SUBCONTRACTORS UP AND COMERS

President and CEO: Michael Atkinson Publisher: Cheryl Green Vice president of operations: Audrey Webb EDITORIAL Editor in chief: Michael Gossie Associate editors: David McGlothlin | Jesse A. Millard Interns: Melissa King | Cianna Leparulo ART Art director: Mike Mertes Graphic designer: Bruce Andersen MARKETING/EVENTS Marketing & events manager: Cristal Rodriguez Marketing coordinator: Kristina Venegas OFFICE Special projects manager: Sara Fregapane Executive assistant: Mayra Rivera Database solutions manager: Cindy Johnson AZ BUSINESS MAGAZINE Senior account manager: David Harken Account managers: April Rice | Cindy Kurtze AZRE | ARIZONA COMMERCIAL REAL ESTATE Director of sales: Ann McSherry AZ BUSINESS LEADERS Director of sales: Sheri Brown RANKING ARIZONA Director of sales: Sheri King EXPERIENCE ARIZONA | PLAY BALL Director of sales: Jayne Hayden HOME & DESIGN Director of sales: Joe Freedman AZ BUSINESS ANGELS Director of sales: Brit Kezar

3101 North Central Avenue, Suite 1070 Phoenix, Arizona 85012 (602) 277-6045 · www.azbigmedia.com 4

PEOPLE AND PROJECTS TO KNOW 2017

[ INDEX ] Adams, Mark......................................................8

Baugh, Adam...................................................10 Bennett, Michael............................................. 26 Bishop, Noreen............................................... 20 Breinholt, Leroy................................................12 Brown, Mike.....................................................20

Celuch, Grenee............................................... 22 Chasse, Barry................................................. 22 Collins, Rick......................................................14 Cranston, Jennifer............................................10 Creaser, Gregg A..............................................18 Crews, Charlie................................................. 30 Cutler, Clifford...................................................12

Deutsch, Bernie..................................................8

Ellsworth, Scott................................................12 Eskelson, Randy...............................................28

Laky, Alex.......................................................... 8 Lewis, John......................................................16 Linhart, Gary....................................................14 Locke, Kristina..................................................18 Loye, Alexandra................................................12 Lyons, Alisa......................................................16 Maloney, Mara................................................. 26 Meszaros, Jason..............................................14 Mooney, Matt.................................................. 26 Moore, Kate......................................................10

Ostransky, Todd...............................................22

Pancrazi, Nathan............................................. 30 Patel, Ash.........................................................18 Peirce, Tawnya.................................................24 Peters, Scott D................................................ 26 Pobuda, Lawrence...........................................14 Preuss, Devney................................................16

Ray, Brennan....................................................10 Reinke, Kristen.................................................30

Fountain, Tarryn................................................24

Garner, Don H................................................. 20 Gorman, Ed......................................................14

Harrington, Brandon........................................ 20 Hartley, Patty....................................................24 Hawthorne, Larry............................................. 22 Hendeles, Zev................................................. 26 Hermann, Michael J..........................................18 Hoover, Steven.................................................28

Kaiser, Keith.....................................................24 Karber, Bob..................................................... 28 Keenen, Terry.................................................. 28 Kennedy, Donna...............................................16 Korth, Mindy.....................................................12

6

PEOPLE AND PROJECTS TO KNOW 2017

Sanders, Hannah............................................ 30 Sellers, David................................................... 22 Silverberg, Jay................................................... 8 Slim, Jesse...................................................... 30 Smigielski, Andrew...........................................18 Sollomi, Phil......................................................20

Valerio, Ed........................................................24

Weiser, Paul M..................................................10 Whyte, Scott....................................................16 Wright, Derek...................................................28

Yee, Buck J........................................................8

Our strength is in our numbers...

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Brokers with Local Ownership

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Brokerage • Property Management

[ ARCHITECTS ]

Bernie Deutsch President Deutsch Architecture Group 2929.com

Mark Adams Vice president, studio leader SmithGroupJJR smithgroupjjr.com

By DAVID MCGLOTHLIN

Alex Laky Founder, principal ARCHSOL archsolteam.com

Jay Silverberg Principal, design director Gensler gensler.com

Buck J. Yee Principal, project architect DAVIS thedavisexperience.com

LAST YEAR Mike Edwards DAVIS Dawn Hart Gensler Patrick Hayes Stantec Architecture Krista Shepherd Gould Evans Associates Mo Stein HKS Architects

As the H.P.I.C., head principal-in-charge of SmithGroupJJR’s Workplace Interiors Studio, Mark Adams brings nearly 30 years of experience to his work with companies in developing and monitoring the overall performance of projects including schedule, scope and budget.

He joined SmithGroupJJR in 2008 and has since made a name for himself as an award-winning designer recognized for his ability to listen and understand complex issues, distill a wide range of input and lead consensus on the best solutions for the overall project.

Back in the day before he started pursuing architecture as a career, Adams played drums for his high school band and performed in clubs across Chicago.

Despite never making it big as a rockstar, Adams says his favorite career accomplishment has been taking what was a small interior architecture group that supported the efforts of the architectural practice at SmithGroupJJR’s Phoenix office and developing it into a studio of its own.

He explains, “It’s been like growing a business within a business, which is something that has always been a goal of mine.” That goal has also proven to be his greatest challenge too, which consists of creating a work environment that allows for the staff to grow in their careers. “I believe we’ve been able to do it very successfully and it has shown in loyalty, commitment and staying power,” he adds.

Currently, Adams is in charge of a series of projects for web domain registrar giant GoDaddy, spanning Arizona locations in Tempe, Scottsdale and Gilbert, as well as Sunnyvale, Calif. and Cedar Rapids, Iowa.

Under his direction, SmithGroupJJR designed GoDaddy Global Technology Center in Tempe, recognized for design excellence by numerous industry organizations as an innovative new model that the client is leveraging as a powerful workforce recruiting and retention tool.

Adams earned his BFA in Interior Design from the Harrington College of Design and Architectural Studies at Iowa State University and is currently active in many industry associations such as IIDA, IFMA, BOMA, NAIOP and CoreNet Global.

PHOTO BY MIKE MERTES, AZ BIG MEDIA

8

PEOPLE AND PROJECTS TO KNOW 2017

[ ATTORNEYS ]

Jennifer Cranston Shareholder Gallagher & Kennedy gknet.com

Adam Baugh Partner, owner Withey Morris witheymorris.com

By JESSE A. MILLARD

Kate Moore Partner, Phoenix Office Real Estate Group Chair Quarles & Brady quarles.com

Brennan Ray Shareholder Burch & Cracchiolo bcattorneys.com

Paul M. Weiser Managing shareholder Buchalter buchalter.com

LAST YEAR Ed Bull Burch & Cracchiolo D. Kim Lough Jennings, Haug & Cunningham James Patterson Dickinson Wright

The incredible, charismatic and close relationships Adam Baugh witnessed during his legal internship at the Phoenix offices of thenMayor Phil Gordon convinced Baugh to pursue the legal world of zoning and land use.

But after Baugh graduated, he took a job as an immigration attorney working on corporate migration cases. Still wishing to become a land use and zoning attorney, Baugh convinced the team at Withey Morris to hire him for free. After his day job as an attorney, Baugh would work evenings pro bono.

After a while Withey Morris hired Baugh, and he couldn’t be happier. “I can’t imagine doing anything else other than what we do here,” he says.

Baugh relishes in the fact that his clients refer him for more work to their colleagues. He isn’t a Phoenix native, and loves cultivating relationships in a tight-knit industry.

Over the past 11 years at Withey Morris, Baugh has worked on many projects, including the redevelopment of the Town and Country Shopping Center and the development of The Yard, the popular restaurant project that is home to Culinary Dropout on Phoenix’s Seventh Street Corridor.

Working on The Yard was a tough assignment, Baugh says, and since its completion many other teams on other projects in the area mimic what Baugh did to make The Yard a reality.

“Maybe that’s a compliment, I don’t know,” he says.

When driving down the corridor, he is certainly happy to see the thriving area, which started with The Yard.

“It’s fun to point out projects. I feel like I’m building the community,” Baugh says before mentioning that the developers are the ones taking the big risks that make these projects happen. “But I feel like I’m a small part of the team.”

Baugh is all about endurance. He’s a marathon runner, actively involved with the community, serving as a Boy Scouts Leader and a Gilbert Chamber board member. He also spends as much time with his five young children and wife as he can.

“By far my proudest accomplishment is having five kids, that are good kids, who are honorable, makes me happy,” he says.

Jordan Rose Rose Law Group, PC Kenneth Van Winkle Jr. Lewis Roca Rothgerber Christie PHOTO BY MIKE MERTES, AZ BIG MEDIA

10

PEOPLE AND PROJECTS TO KNOW 2016

[ BROKERS ]

Leroy Breinholt President, designated broker Commercial Properties, Inc. cpiaz.com

Alexandra Loye Principal Avison Young avisonyoung.com

By CIANNA LEPARULO

Clifford Cutler President, designated broker Cutler Commercial cutlercommercial.com

Scott Ellsworth Vice president SRS Real Estate Partners srsre.com

Mindy Korth Executive vice president Colliers International in Greater Phoenix colliers.com

LAST YEAR Leroy Breinholt Commercial Properties, Inc.

Having been born at sea while her parents were in the midst of a sailing expedition around the world, Alexandra Loye has lived a unique life.

Since childhood, the Avison Young principal has been finding adventure in the most unexpected places.

After graduating from Arizona State University with a bachelor’s in business real estate, Loye went on to become one of the few women involved in commercial real estate brokerage.

“It was a no brainer for me. I’m so math oriented and I’ve always loved business,” she says about going into an industry mostly populated by men.

Loye started her career as an associate at a firm that is now Newmark Knight Frank, but it was not easy.

She admits most of her success was built on perseverance and her determination. Eventually, Loye’s perseverance landed her a top position at Avison Young.

“Being able to have the confidence and experience to really bring creative solutions to your clients is vital,” she says.

One of Loye’s most recent successes in 2015 is very important to her, as it was one of her largest commissions and is now the deal behind the success of an emerging nonprofit, Lauren’s Institute for Education.

She found an investor to purchase the property on behalf of the nonprofit, which completely turned its business around.

Loye is not shy about expressing her passion for her work.

With that same determination and passion, Loye dreams of being a business influence to other young women.

“I want to have a positive impact on young women in this industry. I am more than happy to sit down with them and encourage them that this industry is not made only for men,” Loye says.

Bryon R. Carney Cushman & Wakefield Cindy Cooke Colliers International Perry Laufenberg SVN | Desert Commercial Advisors Anthony Lydon JLL PHOTO BY MIKE MERTES, AZ BIG MEDIA

12

PEOPLE AND PROJECTS TO KNOW 2017

[ DEVELOPERS ]

Ed Gorman President MODUS Development moduscompanies.com

Rick Collins Regional president Ryan Companies U.S., Inc. ryancompanies.com

By JESSE A. MILLARD

Gary Linhart Founding partner ViaWest Group viawestgroup.com

Jason Meszaros Senior vice president, regional managing director Irgens irgens.com

Lawrence Pobuda Senior vice president, general manager The Opus Group opus-group.com

LAST YEAR Brent E. Herrington DMB Heidi Kimball Sunbelt Holdings David Krumwiede Lincoln Property Company David E. Sellers LGE Design Build Joshua Simon SimonCRE

Despite attending a university with a renowned commercial real estate school, a suggestion by an eager job-recruiter made Rick Collins aware of an industry that he would eventually take part in leading.

When he was working at IBM in the 1980s, Collins was looking to leave the computer world. He saw a right fit in the world of CRE due to his experience in working with companies making large financial decisions.

“Without that recommendation, I might have stayed on the financial side of the computer industry or something else,” Collins says.

By 1999, 14 years into his CRE career, Collins started working for Ryan Companies in Minneapolis, garnering experience in office, medical office, hotel, mixed-use and other development types.

In 2014, Collins found himself moving to Arizona, a difficult task considering the amazing relationships that he built over the years with local officials and business leaders. But ultimately his move was a great one as it allowed him to tackle new responsibilities and career challenges.

Since taking the helm here, Collins works to expand what Ryan Companies is known for in the Arizona region - build-to-suit projects.

In just three years, Collins led Ryan Companies’ expansion into retail and other development products locally. Collins is proud to note that about 22 of the 70 team members who worked on the completed Marina Heights project are now in Seattle, as part of Ryan Companies’ Northwest expansion that he personally oversees.

At home, Collins enjoys golf, boating and traveling with his wife. He’s a huge Elton John fan, and once upon a time, Collins worked the turntables at nightclubs in Wisconsin during the height of the disco era.

Since he has moved here, Collins has enjoyed the open arms of the Arizona community, which has one of the best meritocracies for a major city, Collins says. It doesn’t matter where you grew up, or which club you’re a member of in Arizona, he says.

“It’s more about, are you willing to get involved?” Collins asks. “If so, volunteer, pitch-in, put your shoulder to the wheel, add value and you’ll have opportunities to continue adding value.”

PHOTO BY MIKE MERTES, AZ BIG MEDIA

14

PEOPLE AND PROJECTS TO KNOW 2017

[ ECONOMIC DEVELOPERS ]

Donna Kennedy Economic development director City of Tempe tempe.gov

John Lewis President, CEO East Valley Partnership evp-az.org

By JESSE A. MILLARD

Alisa Lyons CEO Discovery Triangle Development Corporation discoverytriangle.org

Devney Preuss Executive director Phoenix Community Alliance phoenixcommunityalliance.com

Scott Whyte Director of economic development services City of Peoria peoriaaz.gov

LAST YEAR Denyse Airheart City of Maricopa Joyce Grossman Arizona Association for Economic Development Sintra Hoffman WESTMARC

The Town of Gilbert’s former mayor never seriously considered running for political office until two economic developers told him Gilbert wasn’t even on the radar for businesses looking to relocate.

“That was the motivator for me to take a stronger look at running for mayor, thinking from an economic development standpoint maybe I could help,” says John Lewis who was Gilbert’s mayor from 2009 until he took the helm at East Valley Partnership in 2016.

Lewis was raised in Utah by a family that valued education, as his father worked at Brigham Young University for many years.

Thanks to being the founder of the Sen. Jake Garn fan club at his high school, coupled with other life experiences, Lewis worked at the office of Sen. Garn (who was chairman of the Senate Banking Committee) before diving into the world of banking.

Lewis has been guided by the spirit of service, navigating him through the corporate and public world, eventually leading him to become the president and CEO of East Valley Partnership.

With his young family in tow, Lewis first moved to Gilbert in 1985 working for what is now Ernst & Young. He would eventually work at the Apollo Group when the education company started to grow before becoming mayor.

It has been fun for Lewis to watch the Gilbert and East Valley areas flourish with more economic development over the years. Lewis shares the credit with the myriads of people who worked together to create the area’s success.

As mayor, Lewis made a point to work and visit with economic development directors and site selectors from businesses, which is why his transition to his post at East Valley Partnership was so easy.

Leading East Valley Partnership is meeting and attending a lot of the same type of meetings Lewis attended as mayor. He works with many local leaders, prioritizing what they believe to be the best thing for the region.

“The (East Valley) Partnership consists of 110 organizations, 60 board members, and what we do, we do together. And that’s where when something needs to be done, you do it together,” Lewis says.

Michelle Lawrie City of Goodyear Christine Mackay City of Phoenix

16

PHOTO BY MIKE MERTES, AZ BIG MEDIA

PEOPLE AND PROJECTS TO KNOW 2017

ROC104397 ROC104169 ROC104170 ROC104171 ROC104172 ROC257478 ROC247905

[ ENGINEERS ]

Gregg A. Creaser President Speedie & Associates, Inc. speedie.net

Andrew Smigielski Senior traffic engineer Southwest Traffic Engineering, LLC swte.us

By JESSE A. MILLARD

Michael J. Hermann Principal Kimley-Horn kimley-horn.com

Kristina Locke Director of business development Coe & Van Loo Consultants, Inc. cvlci.com

Ash Patel Principal Wood/Patel woodpatel.com

LAST YEAR Patrick Edwards Burns & McDonnell Robert Lemke Jr. AZTEC Engineering David Melroy MSA Engineering Consultants Thomas Ryan Hoskin Ryan Consultants, Inc.

Having been raised in Arizona, and driven on every state route crisscrossing Arizona, Andrew Smigielski has a deep relationship with this place he calls home.

Smigielski earned degrees from both the University of Arizona and Arizona State University, and “maybe one day from (Northern Arizona University), but who knows,” he says.

Smigielski got his first job from at the Arizona Department of Transportation, and then worked under a mentor of his at Glendale’s transportation department.

After working with the city for some time, and with many people in line ahead of him for a promotion, due to seniority, Smigielski was told to find a new job to earn experience.

“I wasn’t fired, but I was pushed out the door and went into the consulting world,” he says. His boss even helped him pick his next career path.

Smigielski would work for a few firms before starting Southwest Traffic Engineering, something he always considered doing.

13 years after starting his business, he is happily leading a “young and exciting staff.”

Since the Great Recession, Smigielski has seen many great engineers retire. With his leadership role, Smigielski says he works to act as a mentor for his employees, passing down history and knowledge of projects.

“I had a wonderful mentor, and I’m trying to be a good mentor as well,” he says.

One of the biggest challenges he and his company faces is making sure they’re brought on to a project sooner, rather than later. There are times when developers won’t give a traffic engineer a call until the project is near the finish line. But issues may arise if he’s coming late to the game, Smigielski explains, which costs more and delays the schedule.

When he isn’t hard at work, Smigielski enjoys spending some time in the kitchen.

“I like food and it brings family and friends together. It’s great to invite someone to help, and you can have them be in your sphere, in the task you’re doing. It provides a wonderful way to be with your friends and family,” Smigielski says.

David Skinner HDR Engineering PHOTO BY MIKE MERTES, AZ BIG MEDIA

18

PEOPLE AND PROJECTS TO KNOW 2017

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[ FINANCIERS & ACCOUNTANTS ]

Noreen Bishop Desert Southwest market manager JPMorgan Chase & Co. jpmorganchase.com

Mike Brown Arizona regional president Washington Federal washingtonfederal.com

By ALISON BAILIN

Don H. Garner CEO Alliance Bank of Arizona alliancebankofarizona.com

Brandon Harrington Managing director Walker & Dunlop walkerdunlop.com

Phil Sollomi Co-founder, principal Scottsdale Private Lending scottsdaleprivatelending.com

LAST YEAR Ann McCartney Lighthouse Commercial Finance Stephen Loonam UMB Bank Doug Reynolds Washington Federal Patricia Rourke Bankers Trust Robert Sarver Western Alliance Bank

When Mike and Patty Brown moved to the Valley from Denver in summer 2005, they knew it would be hot. Hot, however, would be an understatement.

“Just a few months into our new life here, our house caught on fire while we were in it,” says Mike Brown.

Thankfully, no one was hurt. But the Browns were temporarily homeless.

“We moved here so I could continue to build my banking career, and ended up needing to rebuild our entire lives,” he adds.

The learning lessons from the fire – people are more important than any things; live your passions; help others.

“I took these lessons to heart at home and work, and it changed my life,” explains Brown, named the first-ever Arizona regional president of Washington Federal in spring 2014.

Things would continue to heat up over the next decade, but in a good way this time.

“We not only celebrated Washington Federal’s 100th anniversary in 2017, but opened our first-ever official Arizona Regional Headquarters,” he says.

Brown and the local branches also feted the centennial with donations to Phoenix Children’s Hospital, Chicanos Por la Causa and Habitat for Humanity through its Washington Federal Foundation grant program. Since launching it locally in 2012, the Foundation has granted more nearly $60,000 in Arizona.

Since Brown took the helm in 2014, the bank has reached several other significant milestones including more than $500 million in CRE financing for the construction, purchase or refinance of 235-plus commercial properties.

In addition to more than $342 million in mortgages, the bank also generated $10 million in financing to a Fixed Base Operator at the Phoenix-Goodyear Airport, $10 million in financing a family of local farms, $13 million in financing to a local university and $15 million in financing to a local homebuilder for new home construction.

The bank also acquired 13 Bank of America branches statewide, increasing the bank’s footprint in Arizona to 31 branches total.

“And we’re just getting started,” says Brown.

PHOTO BY MIKE MERTES, AZ BIG MEDIA

20

PEOPLE AND PROJECTS TO KNOW 2017

Business Banking Commercial Real Estate Mortgage Lending Commercial & Residential Construction Loans Consumer Banking Equipment Finance

HOW LONG IS YOUR LONGEST BANKING RELATIONSHIP? AT WAFD, IT’S 100 YEARS AND COUNTING. With $500 million in CRE financing since 2014... it matters who you bank with! For common-sense solutions, sound strategy and trusted advice, count on Washington Federal.

Doug Reynolds

Commercial Real Estate Division Manager

602-553-7441

doug.reynolds@wafd.com

Mike Brown

Regional President Arizona

480-607-4833 mike.brown@wafd.com

NMLSR 410394

washingtonfederal.com

[ GENERAL CONTRACTORS ]

Barry Chasse President Chasse Building Team chassebuildingteam.com

Grenee Celuch Vice president Concord General Contracting concordinc.com

By CIANNA LEPARULO

Larry Hawthorne Vice president of healthcare JE Dunn Construction jedunn.com

Todd Ostransky General manager Graycor Construction Company graycor.com

David Sellers President, CEO LGE Design Build lgedesignbuild.com

LAST YEAR Rick Collins Ryan Companies U.S., Inc. Andrew Geier Layton Construction Chris Harrison The Weitz Company

With her small town upbringing in the rearview, Concord General Contracting’s vice president finds herself successfully navigating both the business realm and the world at large.

Grenee Celuch graduated from Wayne State College with a bachelor’s degree in marketing after growing up in a small Nebraska town with a population of 210 people.

She is now living in the fifth largest city in the country, traveling to beaches all around the world and working as the first female partner at Concord General Contracting.

Her position as the first female partner at Concord humbles her.

“It speaks highly of my company, and that no matter who you are, you are valued,” she says.

Celuch’s passion for new cultures and places took her away from Nebraska to Arizona where she received her MBA in 2007.

Celuch has come a great way since Nebraska, triumphing in both her personal and professional life, acting as the voice for growth and creativity at Concord General Contracting.

She is determined for success, pushing herself forward after each achievement.

At Concord, Celuch is responsible for the development of “Ultimate Client Experience.” The initiative is the main project management plan that guides Concord.

Celuch started off creating proposals in the marketing department before she realized there was so much more to marketing within the company.

“The vice president and CEO were completely open with me spreading my wings, and I was given a lot of freedom,” Celuch says.

However, between her passion for her work and her dreams of traveling, Celuch finds it difficult to detach herself from the workplace.

She is always thinking big picture when it comes to Concord and the way the firm can grow.

“Some of my ideas come to me while on vacation. I’m always working. That’s just how I’m hardwired,” she says.

Jeff Keck Adolfson & Peterson Justin Kelton McCarthy Building Companies

PHOTO BY MIKE MERTES, AZ BIG MEDIA

22

PEOPLE AND PROJECTS TO KNOW 2017

[ PROPERTY MANAGERS ]

Tarryn Fountain Property manager Newmark Knight Frank ngkf.com

Ed Valerio

Director of property management Knight Management knightmanagement.net

By DAVID MCGLOTHLIN

Patty Hartley President, designated broker MODE Commercial Property Management modecommercial.com

Keith Kaiser Executive vice president Kidder Mathews kiddermathews.com

Tawnya Peirce Associate director CBRE cbre.com/phoenix

LAST YEAR Sue Cannon Cushman & Wakefield Jackie Hines JLL Kim Hood Newmark Knight Frank Andi St. John CBRE Cecil Yates Commercial Properties, Inc.

Having moved to Phoenix last year from Milwaukee, Wis. to take on his new position, Ed Valerio is adjusting to more than triple-degree summer temperatures and heat advisories.

As he immerses himself into his role as director of property management, Valerio is quickly learning the ins-and-outs of a new real estate market, its players and what it takes to be successful in Phoenix’s small, tight-knit real estate community.

Having worked with the Knight Management team for two and a half years before his official move to the Valley, he brings more than 20 years of professional real estate experience to the firm’s Phoenix office where he oversees the management of the company’s 5.5-million-square-foot commercial portfolio of office, medical office, retail and industrial space across Arizona, Illinois and Wisconsin.

Valerio focuses on increasing and enhancing tenant retention/renewals and maintaining property occupancy; collaborating with stakeholders to maintain high quality properties and operations; overseeing client contracts, application of standards, negotiation and compliance; implementing programs and projects to maximize the utilization and efficiency of property operations; and identifying and implementing best practices and uses for all property and facility management activities. He’s also Knight’s designated broker.

He received his Certified Property Manager (CPM) designation from the Institute of Real Estate Management in 2007 and went on to serve as the IREM president for the Milwaukee Chapter in 2013. That year, he also won the CPM of the Year Award.

However, he says his favorite accomplishment is “graduating from the day-to-day management world to managing staff, a department and now a company.” He admits, “It helps that I have a great team of property managers and support staff that I work with on a daily basis.”

When Valerio is working in the office on Friday afternoons, you can catch him enjoying his “Flashback Friday” playlist, which largely consists of old school tunes from his high school and college days.

And when he’s not working, Valerio enjoys spending his free time with family and friends whether its outdoor or recreational activities like hiking, golf, basketball and running. He especially enjoys hiking now that him and the family can do it nearly year round, and says he really wants to try kayaking.

PHOTO BY MIKE MERTES, AZ BIG MEDIA

24

PEOPLE AND PROJECTS TO KNOW 2017

[ REITs ]

Michael Bennett Executive vice president, general counsel S|T|O|R|E Capital storecapital.com

Matt Mooney Senior vice president, managing director – Phoenix Cousins Properties cousinsproperties.com

By JESSE A. MILLARD

Zev Hendeles Principal 3rd Ave Investments, LLC 3rdaveinvestments.com

Mara Maloney Asset manager VEREIT, Inc. VEREIT.com

Scott D. Peters Chairman, president, CEO Healthcare Trust of America, Inc. htareit.com

LAST YEAR Chris Gerardo Whitestone REIT Amanda Houghton Healthcare Trust of America, Inc. Catherine Long S|T|O|R|E Capital Thomas H. Nolan Jr. Spirit Reality Capital Glenn J. Rufrano VEREIT, Inc.

Matt Mooney is not a fan of bubbles. He was pushed away from working as a stock broker after witnessing the tech industry bubble burst in the early 2000s, which is why Mooney pursued a career in commercial real estate.

Unfortunately, Mooney only ended up working for a few years before the commercial real estate bubble popped. But as there is a silver-lining to every cloud, there is also a silver-lining to bubbles.

“The stretch from 2008 through 2011 or so were really tough years for our local economy and industry,” Mooney says, after mentioning that making it through the downturn was his greatest challenge. “My favorite part though is somewhat the result of those years in that leaders in Arizona made a concerted effort to diversify our economy coming out of the downturn.”

Arizona has changed a lot since the dark days of the downturn, and as a result the state has been better off as it attracts higherwage and more diverse jobs, Mooney says.

At Cousins Properties, Mooney has been recruiting the very clients who are making Arizona’s business landscape more diverse and knowledge-based. Cousins Properties’ office portfolio in Tempe has attracted names like Silicon Valley Bank, Amazon, ADP and others, and Mooney takes pride in helping those businesses call Arizona home.

His efforts in helping Arizona grow in more ways than one has led Mooney to devote his time with GPEC, the Downtown Tempe Authority and NAIOP Arizona. In fact, he will lead NAIOP-AZ and its 800-plus members as the in-coming chair for 2018.

His career and active involvement in the community’s economic development efforts has Mooney pretty busy, but he still gets to come home and enjoy his spare time with his wife and three young kids, who are aged eight, six and two.

“Between career and kids there are never enough hours in the day, but I wouldn’t trade it for anything. It is a blessing to wake up each day and have ample opportunities to contribute,” he says.

PHOTO BY MIKE MERTES, AZ BIG MEDIA

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PEOPLE AND PROJECTS TO KNOW 2017

Congratulations to

Mara Maloney Asset Manager, VEREIT, Inc.

for being recognized as a Person to Know in Arizona’s real estate community.

Local Roots, National Reach Headquartered in Phoenix, VEREIT is one of the largest REITs in the Valley of the Sun. Our national reach of more than 4,000 commercial real estate assets includes 76 properties in Arizona, including the headquarters for PetSmart, Inc.

Total Asset Book Value of

$15.4 Billion Approximately

4,100 Properties 93.0 Million Square Feet

49 States

Puerto Rico and Canada

A full-service real estate operating company with investment management capability. Discipline. Transparency. Consistency. www.VEREIT.com

[ SUBCONTRACTORS ]

Bob Karber Randy Eskelson President, COO Schuff Steel Management Co. schuff.com

Steven Hoover President, division manager SiteWorks siteworksllc.net

Terry Keenen President Climatec, LLC climatec.com

Derek Wright President Suntec Concrete suntecconcrete.com

LAST YEAR Kyle Clark Quail Run Building Materials Lee Lopez Hardrock Concrete Dan Puente DP Electric

Principal Interstate Mechanical Corporation imcor-az.com

By CIANNA LEPARULO

After 36 years of working at the family business, this shareholder at the Interstate Mechanical Corporation is living out his dream of making a difference in the community.

Bob Karber held this dream ever since he graduated from the University of Arizona with a bachelor’s in business administration.

His father and uncle started the family business, hiring him early on in his career and eventually passing a part of the family business on.

“Emotionally, I’m attached and invested. I’m a strong believer in our local community and (Interstate Mechanical) is an opportunity for me to be active in the community,” Karber says.

Reputation is a word Karber mentions often and this is a testament to the importance of the uniqueness he sees with Interstate Mechanical.

Relationships within the company are very important to Karber and he prides the company on its capability to protect and foster the relationships with employees, suppliers and clients.

Karber sees the value in the people that the company interacts with on a day-to-day basis and pays careful attention to their needs.

“A valuable employee is almost impossible to replace.

Every person is fundamental to our success and we care about each other,” he says.

Not only is there uniqueness to the way in which Karber works at the company, but he has just as much motivation for fostering relationships with his family at home.

Him and his wife have two children, a 12-year-old son and 7-year-old daughter with whom he fishes, golfs and snow skis with.

Family is very important to him, and his wife is the one person who assures him of his success.

“My business success depends on taking risks, so it’s nice to go home to someone who understands the stresses and who supports you in those decisions,” Karber says.

He cares not only about his own success, but also about the success of everyone around him.

Karber says it is the genuine relationships he enforces at Interstate Mechanical Corporation that makes it the successful firm it is today.

Scott Schuff Schuff Steel Danny White Danny White Painting

PHOTO BY MIKE MERTES, AZ BIG MEDIA

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PEOPLE AND PROJECTS TO KNOW 2017

[ UP & COMERS ]

Charlie Crews Marketing specialist Small Giants smallgiantsonline.com

Hannah Sanders Business development specialist AME Landscape Companies amelandscape.com

By DAVID MCGLOTHLIN

Nathan Pancrazi Associate NAI Horizon naiglobal.com

Kristen Reinke Project manager Ryan Companies U.S., Inc. ryancompanies.com

Jesse Slim Architect Gensler gensler.com

LAST YEAR Dan Clevenger Westlake Reed Leskosky Krystal Dill CBRE Michelle Guina Alarid Fennemore Craig Cameron Miller Evergreen Development Hayley Smith First Bank

In less than two years since entering the commercial real estate industry and graduating from Grand Canyon University with a degree in communications, Hannah Sanders has made a name for herself through active involvement in some of the industry’s most prominent and influential trade associations such as ABA, AZCREW, NAIOP, Valley Partnership and ULI. At Valley Partnership, she was accepted into its Advocates program for aspiring CRE professionals under 35 years old.

She was also accepted into NAIOP’s Developing Leaders program and serves on NAIOP’s Night at the Fights and Rookies & Rockstars committees. Meanwhile at Arizona Builders Alliance, she helps the membership committee, and is eager to get more involved with the Urban Land Institute next.

Her willingness to get active and be engaged with so many industry associations serves as a prime example of the benefits, both personally and professionally, for other up-andcomers to get proactive about involvement.

The Phoenix native and former high school cheerleader describes herself as Arizona’s number one fan and still a cheerleader at heart.

Her charismatic and infectious personality undoubtedly helps Sanders’ business development efforts, which include pursuing new install or renovation projects, initiating and maintaining client relationships as well as organizing and marketing different networking events.

She says, “I’ve been blessed to join a company that celebrates ingenuity, so finding new and meaningful ways to get AME’s name out there has been very fun.”

For instance, as a certified yoga instructor, she incorporated her passion for maintaining a healthy mind, body and spirit into different fundraising and business development opportunities for good causes that are also good for you. For instance, Sanders partnered with JLL to host yoga classes on select Friday mornings at JLL’s Phoenix office on its balcony overlooking Camelback Mountain.

Another initiative of hers was to bring a select group of subcontractors together to co-host ping pong tournaments for general contractors, which will come full circle in November for a championship where the best two teams of two will compete for the Golden Paddle.

Since 2015, AME has tripled its revenue, and Sanders says, “Seeing AME’s construction division grow as much as it has and knowing that I am a part of it is exciting to me. And to be honest, I feel accomplished every time an industry leader agrees to meet with me.”

PHOTO BY MIKE MERTES, AZ BIG MEDIA

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PEOPLE AND PROJECTS TO KNOW 2017

[

BIG DEALS

]

ANNUAL BIG DEAL REPORT YEAR-TO-DATE RECAP OF THE BIGGEST DEALS IN CRE

F

avorable market conditions have spurred an uptick in brokerage activity throughout the commercial real estate industry in Arizona.

Keeping track of all the biggest deals over the past 12 months can be nearly impossible, which is why Colliers International

helped compile this list of the largest and priciest CRE transactions for industrial, land, multifamily, office and retail properties across the state.

These high-profile assets ranked among the top deals for highest sale price, largest total size as well as highest price per

square-foot and/or unit.

The list includes one multifamily complex that broke Arizona’s record for the highest price per unit ever paid for a conventional multifamily project in the Valley and a land deal valued at more then $5.5 million per acre in Tempe.

PEOPLE AND PROJECTS TO KNOW 2015 2017

33

[ BIG DEALS ]

INDUSTRIAL Amazon HIGHEST PRICE

$74.75M

LARGEST SIZE

1,009,351 SF The deal was a partnership between The Koll Company and Seera Investment Bank B.S.C.(c), a private equity firm based in the Kingdom of Bahrain. Seera was advised by CBRE Capital Advisors. JLL represented the seller in the sale transaction and the buyer in sourcing debt, which was provided by Benefit Street Partners. Originally built in 2007 and located within the Buckeye Logistics Center, the warehouse is fully leased to Amazon, which uses the facility as a small package sorting and distribution facility.

IMAGERY ©2017 GOOGLE

LOCATION 6835 W. Buckeye Rd., Phoenix VALUE $74.75M SIZE 1,009,351 SF Pat Harlan 34

Mark Detmer

PEOPLE AND PROJECTS TO KNOW 2017

Bo Mills

BUYER The Koll Company SELLER Duke Realty SALE July 26, 2016

LISTING BROKERS Pat Harlan, Mark Detmer and Bo Mills, JLL

[ BIG DEALS ]

INDUSTRIAL HIGHEST PRICE (PRICE PER SQUARE FOOT)

$370.67

T-Mobile Since 1997, the network data center has been 100 percent leased to T-Mobile.

With redundant power feeds, this asset is located immediately adjacent to the “fiber highway” that runs along Interstate 10, and is minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix and Downtown Tempe. It was sold to a Florida-based real estate investment trust for nearly $371 per foot

by Scottsdale-based El Dorado Holdings.

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PEOPLE AND PROJECTS TO KNOW 2017

LOCATION 2601 W. Broadway Rd., Tempe VALUE $16.4M SIZE 44,244 SF BUYER Carter Validus Mission Critical REIT II, Inc.

SELLER El Dorado Holdings SALE January 26, 2017 LISTING BROKERS Mindy Korth and Kirk Kuller, Colliers International Mindy Korth

Kirk Kuller

[ BIG DEALS ]

LAND Tartesso The sale accounts for the largest land purchase in the Buckeye area since the housing market downturn in 2008. Illinois-based Bixby Bridge Capital, Phoenixbased Quantum Capital and California-based Dolphin Partners purchased the land in a joint venture. The area referred to as the Tartesso community will have 41,000 homes at full build-out and currently includes 2,000 homes that were built before the Great Recession halted construction. Homes will be built north of Interstate 10 and on both sides of the San Valley Parkway.

HIGHEST PRICE

$80M

LOCATION Sun Valley Parkway & I-10, Buckeye VALUE $80M SIZE 10,734 acres BUYER Dolphin Partners

Casey Christensen

SELLER Stardust Companies SALE September 1, 2016 LISTING BROKERS Nate Nathan, David Mullard and Casey Christensen, Nathan & Associates 38

PEOPLE AND PROJECTS TO KNOW 2017

Nate Nathan

David Mullard

LARGEST SIZE

10,734 ACRES

[ BIG DEALS ]

LAND Seventh Street mixed-use project The 115,325-square-foot development site, yet to be named, was sold to Minneapolisbased The Opus Group. Phase I development plans for the former Downtown Tempe parking lot will total $160 million and include two high-rise apartment towers. The 20-story and 12-story towers will have a

LOCATION University Blvd. & S. Forest Ave., Tempe VALUE $15.24M SIZE 2.66 acres

total of 407 apartment units and more than 31,000 square feet of space for retail and restaurants. The second phase of the mixeduse project and land sale is being designed to include a hotel that will be developed by a separate group on the remaining 25,000-square-foot corner parcel.

BUYER Opus Group SELLER Sundt Companies

HIGHEST PRICE (PRICE PER ACRE)

$5.76M

LISTING BROKERAGE Brent Moser, Mike Sutton, Brooks Griffith, Cushman & Wakefield

SALE November 23, 2016 Brooks Griffith

Brent Moser

Mike Sutton

PEOPLE AND PROJECTS TO KNOW 2017

39

[ BIG DEALS ]

MULTIFAMILY

40

PEOPLE AND PROJECTS TO KNOW 2017

[ BIG DEALS ]

CityScape Residences HIGHEST PRICE (PRICE PER SQUARE FOOT)

$340.93

HIGHEST PRICE (PRICE PER UNIT)

$335,938 In what is the highest price per unit ever paid for a conventional multifamily project in the Valley, a pension fund advised by Invesco Real Estate in Dallas, Texas paid $335,938 per unit for CityScape Residences, a collection of 224 luxury apartments that sit atop Kimpton’s Hotel Palomar Phoenix. Units boast unique studio, one- and two-bedroom floor plans with floor-to-ceiling windows, gourmet kitchens with prep islands and gas ranges, and luxurious bathrooms with sizeable closets and magnificent views of the city skyline and mountains beyond. The residences range from 560 to 2,373 square feet and include 23 two-story one, two- and threebedroom penthouses on the top floors. The CityScape Residences were developed through a Government Property Lease Excise Tax (GPLET) and Phoenix will transfer fee ownership in the property to the Invesco entity after the eight-year term expires in 2023.

LOCATION 11 S. Central Ave., Phoenix VALUE $75.25M SIZE 220,720 SF, 224 units BUYER Invesco

SELLER RED Development SALE December 22, 2016 LISTING BROKERS Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch, CBRE Tyler Anderson

Sean Cunningham

Asher Gunter

Matt Pesch

PEOPLE AND PROJECTS TO KNOW 2017

41

[ BIG DEALS ]

MULTIFAMILY Mirabella; 3800 Lux HIGHEST PRICE

$87.5M LARGEST

(NUMBER OF UNITS)

715

CBRE completed the sale of Mirabella and 3800 Lux, two adjacent multifamily communities totaling 715 units. Developed in 2009 and 2010, Mirabella and 3800 Lux feature a comprehensive set of community amenities including two resort-style swimming pools with spas, state-ofthe-art fitness centers, contemporary resident clubhouses with business centers and a dog park.

The properties include one, two- and threebedroom residences with nine-foot ceilings with decorative crown molding, well-appointed kitchens with breakfast bars, walk-in closets and private patios/balconies.

LOCATION 3800 N. El Mirage Rd., Avondale

SELLER Fowler Property Acquisitions

VALUE $87.5M

SALE December 19, 2016

SIZE 715 units

LISTING BROKERAGE Sean Cunningham, Tyler Anderson, Asher Gunter and Matt Pesch, CBRE

BUYER Priderock Capital Partners

Tyler Anderson 42

PEOPLE AND PROJECTS TO KNOW 2017

Sean Cunningham

Asher Gunter

Matt Pesch

OPEN

[ BIG DEALS ]

OFFICE Renaissance Square HIGHEST PRICE

$151.25M

LARGEST SIZE

968,790 SF

The two-tower office and retail plaza in Downtown Phoenix is located at Central Avenue and Adams Street next to the light rail. It includes One Renaissance Square, a 25-story, 494,004-square-foot office tower, and Two Renaissance Square, a 27-story, 474,786-squarefoot office tower. A joint venture group purchased the property and has begun a $50 million renovation to the property’s elevators, lobbies, plaza and indoor/outdoor tenant conference center. Eastdil Secured represented Hines and Oaktree represented itself in the transaction.

SELLER Hines

LOCATION 2 & 40 N. Central Ave., Phoenix

SALE December 21, 2016

VALUE $151.25M SIZE 968,790 SF

LISTING BROKERAGE Eastdil Secured

BUYER Oaktree Capital Management and Cypress Office Properties (Joint Venture)

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PEOPLE AND PROJECTS TO KNOW 2017

[ BIG DEALS ]

OFFICE Cigna Health Irgens originally bought the property in 2014 and began construction in August 2015 on a new state-of-the-art facility. Archicon was hired as architect for the building and A.R. Mays Construction was selected as the project contractor. Known as the Harbor Vista Medical Commons, the building was completed in February 2016. The 60,000-square-

foot, build-to-suit facility served as the Cigna Medical Group Sun City Multi-Specialty Center and offered healthcare delivery services to Cigna Medical Group patients. It embodied healthcare trends centered around delivering a functional healthcare platform aimed towards consolidated and comprehensive care at one location.

LOCATION 9069 W. Thunderbird Rd., Peoria VALUE $20.05M SIZE 60,000 SF

BUYER MBRE Healthcare Group SELLER Irgens SALE November 2, 2016

HIGHEST PRICE (PRICE PER SQUARE FOOT)

$334.17

PEOPLE AND PROJECTS TO KNOW 2017

45

[ BIG DEALS ]

RETAIL Sonora Village Sonora Village is a Class A regional power and entertainment center built in 1986. Its sale consists of 269,369 square feet including the newly developed 6,000-square-foot Zen Asian Kitchen, Advanced Auto, El Pollo Loco and Chase Bank. The team, led

by Principals Jan Fincham and Pat Dempsey, facilitated the transaction on behalf of both the buyer, Sonora Village LLC, controlled by YAM Special Holdings and the sellers, Sonora Village Investors LLC, a company controlled

by Ryan Denk and Bob Mariash and SimonCRE ABBIE II, LLC, a company controlled by Josh Simon of SimonCRE and Ryan Denk.

LOCATION 15448-15740 N. Pima Rd., Scottsdale VALUE $72.5M SIZE 269,369 SF BUYER YAM Properties

HIGHEST PRICE

SELLER Sonora Village Investors SALE September 29, 2016 LISTING BROKERS Jan Fincham and Patrick Dempsey, Lee & Associates

Patrick Dempsey

Jan Fincham

$72.5M

IMAGERY ©2017 GOOGLE

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PEOPLE AND PROJECTS TO KNOW 2017

[ BIG DEALS ]

RETAIL Fiesta Mall The sale of the Fiesta Mall, which is less than 10-percent leased, includes the enclosed mall, surrounding parking areas and three nearby leased retail pads, totaling 318,495 square feet. The transaction was completed via Ten-X, an online commercial and residential real estate marketplace. The new owners of the mall, Dimension Financial & Realty Investments, also own the 195,000-square-foot Mesa Fiesta Corporate Center situated immediately to the east of the mall. The owners plan to spend $30 million in capital improvements to transform it into an education and healthcare campus. The campus that Dimension plans to create will contain over 1.2 million square feet including the Mesa Fiesta Corporate Center.

LARGEST SIZE

318,495 SF

LOCATION 1445-1455 W. Southern Ave., Mesa VALUE $6.72M SIZE 318,495 SF BUYER Dimension Financial & Realty SELLER LNR Partners SALE May 11, 2017 LISTING BROKERS Glenn Smigiel, Bob Young, Steve Brabant and Rick Abraham, CBRE

Rick Abraham

Steve Brabant

Glenn Smigiel

Bob Young PEOPLE AND PROJECTS TO KNOW 2017

47

TRAFFIC ENGINEERING DESIGN

Arizona’s Leader in Providing Comprehensive Traffic Engineering Design and Transportation Planning/Analysis

TRANSPORTATION PLANNING/ANALYSIS

Traffic Signals

Transportation Modeling

Roadway and Pedestrian Lighting

Access Management Guidelines

Uplighting/Artpad Lighting

Design Concept Reports

Pedestrian Signals (e.g. H.A.W.K.)

Traffic lmpact Analyses

Railroad Signal Crossings

Parking Analyses

Roadway Signing & Pavement Marking

Corridor Studies

Traffic Calming

Pedestrian Circulation Evaluation

Traffic Control

Safety Analyses

Roundabouts

Transit Planning

Technical Review

Bicycle Route Planning

3838 North Central Avenue, Suite 1810 • Phoenix, Arizona 85012 • 602.266.SWTE (7983) • swte.us

[

PROJECTS TO KNOW

]

EDUCATION

INFILL

OFFICE-INTERIORS

Arizona State University Beus Center for Law & Society......................................50 Grand Canyon University Masterplan....... 51 Arizona State University Biodesign C........ 52 University of Arizona Environmental and Natural Resources............................. 52

Discovery Business Campus – Building 94.............................................66 Opus Industrial Airport.............................. 67 Main Street Place......................................68

Cresa........................................................ 92 JDA Software Regional Headquarters......93 Matson Money..........................................94 2020 on Central Lobby Renovation..........96

MIXED USE

RECREATION

Marina Heights Campus........................... 70 Rivulon...................................................... 71 SkySong................................................... 72 The Quad.................................................. 74 Camelback Collective............................... 75 Seventh Street Mixed-Use Development... 76

Bob & Renee Parsons Leadership Center for Girls & Women at South Mountain......98 iFLY Indoor Skydiving Phoenix..................99 OdySea Aquarium.................................. 100 Dolphinaris Arizona................................. 102 Phoenix Raceway Modernization............ 102

MULTIFAMILY

REDEVELOPMENT

Equinox..................................................... 78 Escape......................................................80 Treehouse Apartments............................. 81 Crescent Highland.................................... 82 Eclipse...................................................... 82

Comcast................................................. 104 Luhrs City Center.................................... 105 The Roland’s Market Building................. 106 Terminal 3 Modernization at Sky Harbor Airport.............................. 106

NOTEWORTHY

RETAIL

Avilla Deer Valley.......................................84

The Colony............................................. 108 The Shops at Town & Country Redevelopment............ 109 Uptown Plaza Redevelopment................110 Overstreet................................................110

HEALTHCARE Banner University Medical Center Phoenix Emergency Department and Patient Tower Expansion...................54 Yuma Regional Medical Center Emergency Room Expansion...................55 Wickenburg Community Hospital Surgical & Diagnostic Center & Medical Office Building.......................... 56 Arizona Oncology..................................... 56

HOSPITALITY FOUND:RE................................................58 Mountain Shadows Resort....................... 59 Hampton Inn & Suites Downtown Phoenix...................................60

INDUSTRIAL HomeGoods Distribution Center.............. 62 IRIS USA Manufacturing Facility...............63 REI Distribution Center..............................64 UPS Package Processing Hub.................64

OFFICE Farmers Insurance....................................86 The Grand at Papago Park Center........... 87 McKesson.................................................88 Waypoint...................................................90 SkySong 5................................................90

PEOPLE AND PROJECTS TO KNOW 2017

49

[ EDUCATION ] FACTS & FIGURES PROJECT ASU Beus Center for Law & Society OWNER/DEVELOPERS Arizona Board of Regents; ASU Capital Programs Management Group GENERAL CONTRACTOR DPR Construction ARCHITECT Ennead Architects SIZE 280,000 SF LOCATION 111 E. Taylor St., Phoenix VALUE $129M START DATE Summer 2014 COMPLETION DATE June 2016

ASU Beus Center for Law & Society The new home of the Sandra Day O’Connor College of Law at ASU is a six-story state-of-the-art facility that re-imagines the traditional law school as a public building, signifying a transformative approach to education and the legal system.

50

PEOPLE AND PROJECTS TO KNOW 2017

Used by 1,250 students and multiple outreach organizations each day, BCLS was designed as an open engaging space to foster collaboration and opportunities between students, practicing attorneys and the public.

Similar to how medical schools are

connected with hospitals to provide experience and facilitate students’ transition into the field, BCLS is also home to the ASU Alumni Law Group, which is the country’s first, nonprofit teaching law firm associated directly with a law school.

[ EDUCATION ] FACTS & FIGURES PROJECT Grand Canyon University Masterplan OWNER/DEVELOPERS Grand Canyon University GENERAL CONTRACTOR Pono Construction ARCHITECT suoLL Architects SIZE 250 acres LOCATION 3300 W. Camelback Rd., Phoenix COMPLETION DATE Fall 2016

Grand Canyon University Masterplan GCU created a sustainable masterplan that looked beyond the boundaries of the campus and extended into the neighborhood.

GCU completed eight projects in 2016 including new STEM classrooms and labs, student dorms, apartments, a soccer stadium and student services center. Each building has abstracted references to the school’s Christian and educational values, while integrating informal learning and social spaces within the buildings and throughout campus, which has doubled in size since 2014 to more than 250 acres. A recent study reports, GCU is responsible for an economic impact of $1.1 billion annually and an estimated $11.1 billion from 2010-2019.

SUBCONTRACTORS Bell Steel Central Supply Mechanical Hilty’s Electrical Contracting Marlin Mechanical Suntec Concrete

PEOPLE AND PROJECTS TO KNOW 2017

51

[ EDUCATION ] FACTS & FIGURES PROJECT UA Environmental and Natural Resources (ENR2) OWNER/DEVELOPERS University of Arizona; Arizona Board of Regents GENERAL CONTRACTOR Hensel Phelps ARCHITECT Richard + Bauer SIZE 190,000 SF LOCATION 1064 E. Lowell St., Tucson VALUE $75M START DATE Fall 2013 COMPLETION DATE June 2015 SUBCONTRACTORS GLHN Architect & Engineers Sun Mechanical Contracting Sun Valley Masonry Universal Wallboard Wilson Electric Services

[ NEW TO MARKET ] FACTS & FIGURES PROJECT ASU Biodesign C OWNER/DEVELOPERS Arizona State University GENERAL CONTRACTOR McCarthy Building Companies ARCHITECT BWS Architects SIZE 188,000 SF VALUE $120M 52

PEOPLE AND PROJECTS TO KNOW 2017

UA Environmental and Natural Resources (ENR2) Mixing nature and construction, the University of Arizona building is a prime example of sustainable design. The LEED Platinum facility was inspired by the cross-section of Arizona’s Antelope Canyon, creating a canyon-like courtyard that changes with the weather and time of day.

Many active and passive design choices were made to create this sustainability accomplishment. The

ASU Biodesign C Representing the third building at the Biodesign Institute Complex, the new research facility is comprised of flexible lab space for scientific researchers that will be adaptable in order to accommodate multiple types of research including chemistry, biological sciences and engineering research. Biodesign C will house the world’s first compact X-ray laser, a key drug discovery and bioenergy research tool. Upon completion, Biodesign C, which is aiming for LEED Platinum certification, will bring the Biodesign complex’s total size to more than 500,000 square feet.

central canyon courtyard was created to save energy on air conditioning.

Metal fins and overhangs shade the building on the south façade to avoid direct sun exposure too. Natural lighting is utilized throughout the offices and halls, while the heating and cooling systems were created to save energy. Five university departments that are housed here had an influence on the design,

which was tailored with collaboration amongst scientific disciplines in mind. Built for offices and classrooms, the facility houses many spaces for professors and students to gather, allowing them to complete work for class and the world at large.

[ HEALTHCARE ] FACTS & FIGURES PROJECT Banner University Medical Center Phoenix Emergency Department and Patient Tower Expansion OWNER/DEVELOPERS Banner Health GENERAL CONTRACTOR DPR Construction ARCHITECT HKS Architects, Inc. SIZE 745,000 SF LOCATION 1111 E. McDowell Rd., Phoenix VALUE $418.2M START DATE April 2014 COMPLETION DATE June 2020 SUBCONTRACTORS A M Fab, Inc. Cannon & Wendt DPR Self-Perform Drywall RCI Systems, Inc. W.D. Manor Mechanical Contractors, Inc.

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PEOPLE AND PROJECTS TO KNOW 2017

Banner University Medical Center Phoenix Emergency Department and Patient Tower Expansion The state’s largest hospital, formerly known as Banner Good Samaritan hospital, is an important clinical education site for the University of Arizona College of Medicine – Phoenix, serving the area for over 100 years. The emergency department and patient tower expansion will provide a new face, capacity and capabilities to the flagship Banner Health facility. It includes a three-story podium that accommodates the emergency department relocation, new observation space on the first floor and surgery expansion and administration on the second floor.

When complete, the 13-story patient tower will house 256 patient beds, as well as two shell floors for future build-outs. Banner saved $23 million in materials and labor and numerous months on the overall schedule by successfully utilizing a collaborative approach with the project’s other trade partners.

[ HEALTHCARE ] FACTS & FIGURES PROJECT Yuma Regional Medical Center Emergency Room Expansion OWNER/DEVELOPERS Yuma Regional Medical Center GENERAL CONTRACTOR McCarthy Building Companies ARCHITECT ARCHSOL SIZE 147,000 SF LOCATION 2400 S. Avenue A, Yuma VALUE $115M

Yuma Regional Medical Center Emergency Room Expansion Unlike a typical tower or wing expansion, this was a full removal and replacement of the original hospital located directly in the middle of the campus. Surgical precision was needed for the extraction of a 70-plus year old building, joined on multiple sides by existing operating rooms. The project, which was the city’s largest in recent history, required the installation and utilization of the first two tower cranes ever used in Yuma and execution of over 500 plans. The Emergency Department expansion, spread over two levels with two upper shell floors, totals 100,000 SF to accommodate future medical, surgical and/or ICU beds. The project also includes two new heliports, a three-level parking structure and a central plant expansion.

START DATE 2013 COMPLETION DATE October 2016 SUBCONTRACTORS Delta Diversified E&K Companies Progressive Roofing Schuff Steel TDIndustries

PEOPLE AND PROJECTS TO KNOW 2017

55

[ HEALTHCARE ] FACTS & FIGURES PROJECT Wickenburg Community Hospital Surgical & Diagnostic Center & Medical Office Building OWNER/DEVELOPERS Wickenburg Community Hospital GENERAL CONTRACTOR W.E. O’Neil ARCHITECT Highton Company SIZE 21,200 SF LOCATION 520 Rose Lane, Wickenburg START DATE 2015 COMPLETION DATE August 2016 SUBCONTRACTORS Holderness Supplies Kerr Masonry Saguaro Steel Industries TDIndustries Wilson Electric Services Corp.

[ NEW TO MARKET ] FACTS & FIGURES PROJECT Arizona Oncology OWNER/DEVELOPERS Ryan Companies U.S., Inc. GENERAL CONTRACTOR Ryan Companies U.S., Inc. ARCHITECT Butler Design Group SIZE 21,000 SF

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PEOPLE AND PROJECTS TO KNOW 2017

Wickenburg Community Hospital Surgical & Diagnostic Center & Medical Office Building This small, rural community of 7,000 people worked together to raise $7.5 million in less than four years to make the rest of the financing for a much needed surgical center expansion possible.

Before the new 10,500-square-foot surgical center and 10,700-squarefoot medical office building, local residents traveled more than 40

Arizona Oncology The new state-of-the-art cancer treatment center is currently the only center in the East Valley that will provide the latest cancer treatment services and technologies in one location. The new center will offer

minutes to the nearest hospital for a variety of exams, elective surgeries, and specialty doctor visits. Besides financing, undergoing a major construction project adjacent to an operating hospital proved extremely challenging, but the project was finalized without major interruption to emergency and critical healthcare services.

access to integrated, high-quality care to diagnose and treat cancer including: hematology services, medical, radiation and gynecologic oncology, advanced diagnostics including PET/ CT imaging, as well as supportive care services and clinical trials. Ryan

Companies is providing development, construction and financing services for the project and will own the singletenant office building once completed.

This will be Ryan’s ninth build-to-suit project developed and constructed in the ASU Research Park.

[ HOSPITALITY ] FACTS & FIGURES PROJECT FOUND:RE OWNER/DEVELOPERS Habitat Metro GENERAL CONTRACTOR Sletten Companies ARCHITECTS DAVIS; PROJX SIZE 86,645 SF LOCATION 1100 N. Central Ave., Phoenix VALUE $25M START DATE Fall 2015 COMPLETION DATE October 2016 SUBCONTRACTORS EF Charles Gen3 Resolute Performance Contracting Swisher HVAC Tibbetts Glass & Aluminum

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PEOPLE AND PROJECTS TO KNOW 2017

FOUND:RE The adaptive reuse project transformed the shuttered Lexington Hotel into a remarkable boutique hotel, aiding in the revitalization of Downtown Phoenix’s urban landscape. FOUND:RE supports local artists with a rotating display schedule throughout its lobby, rooms, pool area and adjacent restaurant.

Passers-by on Central Avenue will notice a 22-foot glass display that will change art installations regularly. In addition, the façade features a six-story projection screen.

The hotel’s distinctively designed rooms match the industrial character of the building with floating wide flange bed frames, custom millwork and bathrooms.

[ HOSPITALITY ] FACTS & FIGURES PROJECT Mountain Shadows Resort OWNER/DEVELOPERS Woodbine Development Corporation; Westroc Hotels & Resorts GENERAL CONTRACTOR Balfour Beatty Construction ARCHITECT Allen + Philp Partners SIZE 260,000 SF (hotel) 85,000 SF (condominiums) 10,000 SF (retail building) LOCATION 5445 E. Lincoln Dr., Paradise Valley

Mountain Shadows Resort Take a step back in time to luxurious resort life à la 1959 at the newly opened Mountain Shadows Resort between Camelback Mountain and Mummy Mountain. The resort offers gorgeous views along indoor and outdoor event space unlike anywhere else. Mountain Shadows also utilizes modern architecture and sleek features, emulating the original resort, which opened in 1959 before the Town of Paradise

Valley was incorporated. This resort features 183 guest rooms, a presidential suite facing Camelback Mountain, an 18-hole golf course, a full-service restaurant, two pools and so much more. Surround yourself in a world rich with history, and prominent art within Mountain Shadows’ gallery of unique and original works that are purely Arizona. This building brings something new to the Valley, while sticking to its roots.

VALUE $100M START DATE December 2015 COMPLETION DATE December 2017 SUBCONTRACTORS Berg Electric RKS Plumbing Suntec Concrete Walters & Wolf Western Millwork

PEOPLE AND PROJECTS TO KNOW 2017

59

[ HOSPITALITY - NEW TO MARKET ] FACTS & FIGURES PROJECT Hampton Inn & Suites Downtown Phoenix OWNER/DEVELOPERS Mortenson Development, Inc. GENERAL CONTRACTOR Mortenson Construction ARCHITECT PK Architects, PC SIZE 123,767 SF LOCATION 77 E. Polk St., Phoenix VALUE $33.2M START DATE February 2017 COMPLETION DATE May 2018 SUBCONTRACTORS Commercial Air MKB Construction SECON Suntec Concrete WJ Maloney a Division of Hayes Mechanical

60

PEOPLE AND PROJECTS TO KNOW 2017

Hampton Inn & Suites Downtown Phoenix The upcoming Hampton Inn & Suite in Downtown Phoenix will help promote downtown’s walkability while fitting in with the surrounding

building motifs. The upcoming 210room, 11-story Hampton Inn will be near ASU’s Downtown Phoenix Campus at First and Polk streets,

covering an open surface parking lot. The hotel will be topped with a cantilevered roof, which will create shade over the surrounding sidewalks around the hotel. Its interior will embrace Arizona’s character, and the lounge and gathering areas will house works by Arizona artists.

[ INDUSTRIAL ] FACTS & FIGURES PROJECT HomeGoods Distribution Center OWNER/DEVELOPERS TJX Companies GENERAL CONTRACTOR Layton Construction Company ARCHITECT Ware Malcomb SIZE 900,000 SF LOCATION 6803 S. Palo Verde Rd., Tucson VALUE $48M START DATE July 2015 COMPLETION DATE February 2016 SUBCONTRACTORS Beck Consulting Engineers Bell Steel Hardrock Concrete Placement Peterson Associates Consulting Engineers TLCP Structural

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HomeGoods Distribution Center Located on 109 acres in Tucson is HomeGoods’ three-in-one distribution center. Its western portion consists of three shipping wings with 216 truck docks for outbound furniture. The center section has 77 docks with 32-foot clear heights for inbound furniture.

The eastern portion maintains 47-foot clear heights and contains the narrow-aisle racking with a super flat floor for inventory. The building also houses an office area of approximately 32,000 square feet.

[ INDUSTRIAL ] FACTS & FIGURES PROJECT IRIS USA Manufacturing Facility OWNER/DEVELOPERS IRIS USA GENERAL CONTRACTOR Balfour Beatty Construction ARCHITECT Ware Malcomb SIZE 447,000 SF LOCATION 13423 W. Cactus Rd., Surprise VALUE $40M

IRIS USA Manufacturing Facility Located within Surprise’s Southwest Railplex Industrial District, the manufacturing and distribution center features 300,000 square feet of warehouse space with 40-foot clear heights, 21 docks as well as 52,200 square feet of office space. Close coordination between all parties

enabled the project to meet an eight-month, fast-track schedule and begin production the same day construction ended. Those working on the project executed a nearly paperless approach where all field personnel used electronic tablets on site, which gave access and real-time updates to all project documents.

START DATE October 2015 COMPLETION DATE May 2016 SUBCONTRACTORS Aero Automatic Sprinkler Company Castle Steel Delta Diversified JD Sun Mechanical Suntec Concrete

PEOPLE AND PROJECTS TO KNOW 2017

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[ INDUSTRIAL ] FACTS & FIGURES PROJECT REI Distribution Center OWNER/DEVELOPERS Merit Partners GENERAL CONTRACTOR Renaissance Companies ARCHITECT Butler Design Group SIZE 440,000 SF LOCATION 3825 S. 36th St., Phoenix START DATE Q2 2015 COMPLETION DATE July 2016 SUBCONTRACTORS Allen & Pinckard Industrial Contractors Comfort Systems Milam Glass RJM Construction Suntec Concrete

[ NEW TO MARKET ] FACTS & FIGURES PROJECT UPS Package Processing Hub OWNER/DEVELOPERS United Parcel Service GENERAL CONTRACTOR Layton Construction Company ARCHITECT Butler Design Group SIZE 970,000 SF VALUE $180M

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REI Distribution Center From the start, ambitious sustainability and technology goals for this facility were set and met through a collaborative culture and integrated planning sessions. Once completed, the distribution center became the first industrial facility of its size to ever be awarded both a LEED Platinum certification and Net Zero Energy rating. The project’s 2.2-megawatt solar system covers 280,000 square feet with 6,700 panels and produces more power than the facility consumes or the equivalent of powering 390 homes for one year. Additionally, a cooling system saves millions of gallons of water annually to a river restoration and recreation project in the Verde Valley, which is enough to provide water for more than 20 homes each year. In terms of technology, the facility also utilizes the first true omni-channel automated fulfillment system, delivering products to customers and retail stores up to eight times faster than average.

UPS Package Processing Hub E-commerce is further fueling UPS as it prepares to open up a new package processing hub in Goodyear.

The delivery service will modify an already existing 618,000-squarefoot structure on 140 acres in the PV303 Development. A portion of this building will begin operating by 2017’s holiday season. The finished 970,000-square-foot product will come online in 2019, housing sortation equipment, advanced operational technologies and 1,500 jobs. This facility is designed for the lightweight e-commerce packages that move throughout Arizona and the wider Southwest. UPS’s upcoming package processing hub will propel the company into the modern-age supply chain world.

[ INFILL ] FACTS & FIGURES PROJECT Discovery Business Campus – Building 94 OWNER/DEVELOPERS Wentworth Property Company GENERAL CONTRACTOR Jokake Construction ARCHITECT DAVIS SIZE 171,000 SF LOCATION 2100 E. Elliot Rd., Tempe COMPLETION DATE October 2016 SUBCONTRACTORS Adobe Drywall DP Electric Gen3 J.J. Sprague Of Arizona Sun Tech Glass

Discovery Business Campus – Building 94 Originally built in 1981 as labs and offices for Motorola, the building was transformed into a sophisticated, hi-tech, modern Class A office accented by architectural frames, courtyards, profiled metal panels and a rich contrasting palette of colors.

A significant design challenge was to integrate a new metal and glass façade onto an existing concrete and masonry structure which was being preserved. In addition, the project included substantial site renovations comprising of underground retention, a new parking lot, and significant shell improvements including a new building facade and monument entrance. The facility is fully occupied

by DiTech Financial regional service center bringing 1,200 jobs to the Tempe business park.

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[ TYPE ] FACTS & FIGURES PROJECT Opus Industrial Airport OWNER/DEVELOPERS Opus Development Company GENERAL CONTRACTOR Opus Design Build ARCHITECT Opus AE Group SIZE 393,292 SF LOCATION 3333 S. 7th St., Phoenix VALUE $32.65M

Opus Industrial Airport The facility is the only new building developed and built during the current economic cycle in the Sky Harbor Airport submarket that contains 36-foot clear heights, 7-inch slab, 100-percent ful¬ly secured concrete truck courts, and will be LEED certified. As a result of extremely limited land availability, this project is the largest to be constructed in over a decade in this submarket. It required the assemblage of five parcels previously occupied by eight separate tenants.

The project was designed to allow for maximum flexibility for 1-4 tenants with thickened concrete slabs, excess trailer parking, future guard shacks and a two-acre parcel that can be used to add more excess trailer parking, if needed.

COMPLETION DATE November 2016 SUBCONTRACTORS Alliance Fire Protection JFK Electrical Contracting Enterprises Phoenix Pipelines Riggs Companies Specialty Roofing

PEOPLE AND PROJECTS TO KNOW 2017

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[ INFILL - NEW TO MARKET ] FACTS & FIGURES PROJECT Main Street Place OWNER/DEVELOPERS Main Street Place, LLC GENERAL CONTRACTOR Main Street Place, LLC ARCHITECT Allen + Philp Partners SIZE 50,000 SF LOCATION 7502 E. Main St., Scottsdale VALUE $13.5M START DATE November 2016 COMPLETION DATE November 2017 SUBCONTRACTORS Dwellings Design, LLC LVA Urban Design Studio

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Main Street Place The luxury, mid-rise condominium complex is designed to feel like an urban cul-de-sac within Downtown Scottsdale. Main Street Place’s 12 condos — averaging 2,400 square feet each — are located on the upper three floors, with a smartly designed common area on the second floor featuring a hot and cold spa/plunge pool. Along with the shared deck on the second story, Main Street Place will offer mixed-use retail or offices on the ground floor and a parking garage for residents.

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[ MIXED USE ] FACTS & FIGURES PROJECT Marina Heights Campus OWNER/DEVELOPERS Ryan Companies US, Inc.; Sunbelt Holdings GENERAL CONTRACTOR Ryan Companies US, Inc. ARCHITECT DAVIS SIZE 2,040,000 SF LOCATION 300 E Rio Salado Pkwy., STE 111, Tempe VALUE $600M START DATE 2015 COMPLETION DATE 2017 SUBCONTRACTORS Barrett Homes E&K Suntec Concrete Walters & Wolf Wilson Electric

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Marina Heights Campus The regional hub built for State Farm Insurance consists of five steel and glass towers along the south bank of Tempe Town Lake. Accompanying the two-million square feet of office space is 60,000 square feet of retail space, which houses tenants like Matt’s Big Breakfast, Mountainside Fitness, retail stores and an HonorHealth clinic.

[ MIXED USE ] FACTS & FIGURES PROJECT Rivulon OWNER/DEVELOPERS Nationwide Realty Investor GENERAL CONTRACTOR TBD ARCHITECT Butler Design Group SIZE 3,000,000 SF LOCATION 275 E. Rivulon Blvd., Gilbert

Rivulon The first phase of office and retail buildings at the 250-acre mixeduse development are complete with additional development now underway. Completed buildings include When fully finished, the premier business district will include approximately three million square feet of Class A office and creative/back office space along with 500,000 square feet of retail and hotel space. Rivulon is owned by a single developer, Nationwide Realty Investors.

START DATE 2014 COMPLETION DATE on-going

PEOPLE AND PROJECTS TO KNOW 2017

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[ MIXED USE ] FACTS & FIGURES PROJECT SkySong OWNER/DEVELOPERS Plaza Companies GENERAL CONTRACTOR DPR Construction ARCHITECT Butler Design Group SIZE 42 acres LOCATION 1301-1475 N. Scottsdale Rd., Scottsdale START DATE 2006 COMPLETION DATE on-going

SkySong The 42-acre mixed-use development known as the ASU Innovation Center will include more than 1.2 million square feet upon buildout with class A office space, retail, restaurant and hotel components as well as the SkySong Apartments. SkySong 1, 2 and 3, all approximately 150,000-squarefoot office buildings, are near full occupancy. Skysong 5 will be the newest building to begin construction and once completed will add more than 750,000 square feet of office space to the innovation campus. With 2,000 people currently working at SkySong, it generates an estimated 30-year economic impact of $32 billion.

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[ MIXED USE ] FACTS & FIGURES PROJECT The Quad OWNER/DEVELOPERS EverWest Real Estate Partners GENERAL CONTRACTOR RSG Builders, LLC ARCHITECT Gensler SIZE 166,606 SF LOCATION 6300 E. Thomas Rd., Scottsdale VALUE $15.567M START DATE August 2016 COMPLETION DATE March 2017 (Phase 1) SUBCONTRACTORS Energy Systems Design Kimley-Horn and Associates PK Associates TrueForm Landscape Architecture Studio

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The Quad The Quad’s first phase is the re-imagining of a drab office complex. The 14-building complex utilizes open, community spaces while favoring natural lighting over the dark settings of the offices of yesteryear. This was done by removing underutilized balconies from the suites to allow for more natural lighting on the groundfloor offices. Each individual space within The Quad is connected to the outdoors, both physically and visually. Two of the buildings were rezoned for commercial retail use, and a full-service restaurant, “Pitch,” set up shop within The Quad. A community fitness room replete with two locker rooms is available for tenant use. There is also a conference/ event center in the center of this community-centric office complex, boasting the congregation-minded vibe of The Quad.

[ MIXED USE - NEW TO MARKET ] FACTS & FIGURES PROJECT Camelback Collective OWNER/DEVELOPERS LaPour Partners & Holualoa Companies GENERAL CONTRACTOR Graycor Construction Company, Inc. ARCHITECT RSP Architects SIZE 120,000 SF (office) 160-rooms, 95,000 SF (hotel) 129,000 SF (garage)

Camelback Collective This mixed-use wonder will rest within the heart of the Phoenix Biltmore Financial District at 28th Street and Camelback Road.

Camelback Collective is replacing an outdated single-story office building from 1975, further enhancing the modern vibes permeating along the Camelback Corridor. The project includes a 120,000-square-foot Class A office building, perfect for tenants looking to surround themselves in Phoenix’s growing business community. An AC by Marriott Hotel will be coupled with the office assets at Camelback

Collective, and will bring the area its first hotel in nearly 30 years.

The neighborhood surrounding Camelback Collective consists

of commercial and residential development, making it the perfect project to continue the tradition of a walkable, multi-use neighborhood.

LOCATION 2801 & 2811 E. Camelback Rd., Phoenix VALUE $75M START DATE January 2017 COMPLETION DATE July 2018 SUBCONTRACTORS Aero Automatic HACI Mechanical Hunter Engineering PK Associates Suntec Concrete Wilson Electric

PEOPLE AND PROJECTS TO KNOW 2017

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[ MIXED USE - NEW TO MARKET ] FACTS & FIGURES PROJECT Seventh Street MixedUse Development OWNER/DEVELOPERS The Opus Group GENERAL CONTRACTOR Sundt Construction ARCHITECT Opus AE Group SIZE 806,081 SF LOCATION 110 E. University Blvd., Tempe VALUE $116M START DATE December 2016 COMPLETION DATE July 2018 SUBCONTRACTORS Wilson Electric Southland Mechanical Aero Automatic Walters & Wolf Encore Steel Mirage Plastering Kovach Building Enclosures E&K Companies

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Seventh Street Mixed-Use Development The mixed-use development features a 20-story and a 12-story tower with 407 market-rate apartments built on a five-level podium. The fifth level features a resort-style pool, outdoor lounge areas, fire pits, gathering space and a restaurant. The project will also add approximately 30,000 SF of retail and restaurant space to enhance the streetscape and pedestrian experience. A parking garage that will add over 700 parking stalls for private and public parking is also included.

[ MULTIFAMILY ] FACTS & FIGURES PROJECT Equinox OWNER/DEVELOPERS MODUS Development; Viridis Group GENERAL CONTRACTOR Ameris Construction ARCHITECT Graham Downes Architecture SIZE 42,000 SF; 41 units LOCATION 3130 N. Hayden Rd., Scottsdale VALUE $14M START DATE 2015 COMPLETION DATE May 2016

Equinox

SUBCONTRACTORS REEIS

Equinox is said to be the first Net Zero Energy apartment building in Arizona. With a total of 1,100 solar panels on the roof and atop the property’s parking structures, Equinox’s annual energy savings is estimated at $46,500. The development team built a proprietary model that evaluated the cost-benefit of various building materials and components and translated it to Home Energy Rating System (HERS) points per dollar value. This allowed the team to construct the building for a cost comparable to other newly constructed apartment buildings that are not Net Zero Energy. Fully leased in five months, the project provides rental housing that costs less in rent and utilities when compared to most of the newer apartment buildings in the area.

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PEOPLE AND PROJECTS TO KNOW 2017

[ MULTIFAMILY ] FACTS & FIGURES PROJECT Escape OWNER/DEVELOPERS P.B. Bell GENERAL CONTRACTOR MT Builders Companies ARCHITECT Studio 15 Architecture SIZE 248,824 SF; 229 units LOCATION 4700 N. 16th St., Phoenix START DATE 2015 COMPLETION DATE April 2016

Escape Appropriately named Escape, this ultra-urban, resort-style, luxury apartment community offers an escape from the mundane with luxurious amenities and convenient access to premium retail and dining as well as proximity to downtown office space and sports facilities.

Aesthetically, Escape is uniquely designed and exudes a modern flair

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with electric splashes of color at every turn. Its amenity tower includes an elevated, outdoor lounge with views of Pinnacle Peak and Camelback Mountain as well as its premium fitness facility. Following P.B. Bell’s entry into the area with plans for Escape, other developers have eyed the Camelback Corridor for current and future development.

[ MULTIFAMILY ] FACTS & FIGURES PROJECT Treehouse Apartments OWNER/DEVELOPERS Caliber Development, LLC GENERAL CONTRACTOR Caliber Development, LLC ARCHITECT Acorn Associates Architecture, LTD SIZE 96,780 SF; 167 units LOCATION 3636 N. Campbell Rd., Tucson VALUE $12M START DATE May 2015

Treehouse Apartments In the past, Treehouse Apartments might have been referred to as a dive, but after its renovations, this place is a tenant’s dream. Developers took extra care at the Treehouse Apartments

during its $7.2 million renovations, due to Arizona’s largest Chinese Elm trees residing on the property.

High-quality finishes and state-ofthe-art systems were added to the units along with opulent designs

for the living spaces, new lighting, countertops, washer and dryer units and so much more. Much of the building wasn’t up to modern code and was in bad-shape before the renovations. But now the facility is modernized and created for the tenants, who now have access to cold water and a Vegasstyle swimming pool.

COMPLETION DATE April 2016

PEOPLE AND PROJECTS TO KNOW 2017

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[ MULTIFAMILY ] FACTS & FIGURES PROJECT Crescent Highland OWNER/DEVELOPERS Crescent Communities GENERAL CONTRACTOR Chasse Building Team ARCHITECT Todd & Associates SIZE 290,255 SF; 350 units LOCATION 4626 N. 16th St., Phoenix VALUE $68.7M START DATE October 2015 COMPLETION DATE October 2017

Crescent Highland Tucked back near the Camelback Corridor, Crescent Highland integrates Phoenix’s rising culture with luxury living. Three murals, by renowned local artist Tato Caraveo, don the sides of this multifamily wonder. The studio, one- and twobedroom apartment homes within Crescent Highland offer decadent kitchens, wood-style plank flooring

[ NEW TO MARKET ] FACTS & FIGURES PROJECT Eclipse OWNER/DEVELOPERS Caliber Development, LLC GENERAL CONTRACTOR Ameris Construction/ Caliber Development, LLC ARCHITECT Synectic Design Incorporated SIZE 37,751 SF; 20 units VALUE $9.1M 82

PEOPLE AND PROJECTS TO KNOW 2017

and plush carpeting. There are twostory floorplans, a rooftop patio with captivating views of Camelback Mountain and Piestewa Peak and a dog park for the pet-residents.

Located near many Phoenix hotspots, and transit options, this apartment complex truly immerses its residents in the live, work, play lifestyle we all strive to achieve.

Eclipse The future of the home can be found at Eclipse, which will annually rely on little to no energy supplied by the utilities. Each of the 20 units at this Net Zero energy wonder will be fitted with solar panels, LED lighting, hybrid water heaters and much more to create a sustainable paradise. The community is made up of three buildings positioned in an eclipse formation. Residents will be close to the luxuries of Downtown Scottsdale too, along with the tech-based community of SkySong. The community isn’t the only luxurious thing about Eclipse. Home automation technology will be implemented into the two- and three-bedroom units available at Eclipse. There are options for residents to have near-complete control of their homes at their fingertips with the use of mobile apps to manage energy, security, locks, cameras, smoke detectors, lighting, outdoor sprinklers and a whole lot more.

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[ NOTEWORTHY ] FACTS & FIGURES PROJECT Avilla Deer Valley OWNER/DEVELOPERS NexMetro Communities (Avilla Homes) GENERAL CONTRACTOR Preferred Apartment Builders/ BFL Construction ARCHITECT Felten Group SIZE 10 acres; 125 homes LOCATION 23700 N. 23rd Ave., Phoenix VALUE $24.7M START DATE December 2016 COMPLETION DATE Q1 2018 SUBCONTRACTORS McGough Group TerraScape

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PEOPLE AND PROJECTS TO KNOW 2017

Avilla Deer Valley Phoenix-based NexMetro has 10 Avilla Home communities in various stages of development across Metro Phoenix representing 1,500 units. NexMetro’s Avilla Homes neighborhoods serve an unmet market by delivering a hybrid housing option that combines elements of single-family living with apartment-like rental terms and management. The detached nature of the homes and consistent building design allows for standardized construction techniques, enhanced cost and increased site planning flexibility that achieves high levels of capital and market efficiencies.

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[ OFFICE ] FACTS & FIGURES PROJECT Farmers Insurance OWNER/DEVELOPERS Ryan Companies U.S., Inc. GENERAL CONTRACTOR Ryan Companies U.S., Inc. ARCHITECT Butler Design Group SIZE 150,000 SF LOCATION 24240 N. 24th Dr., Phoenix VALUE $24M START DATE February 2016 COMPLETION DATE February 2017 SUBCONTRACTORS Deer Valley Plumbing E&K Companies HACI Mechanical Contractors Kearney Electric Walters & Wolf

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Farmers Insurance This regional headquarters was designed with employee comfort in mind. A gym with locker rooms, a full-service kitchen, recreation spaces, collaboration areas, cafes, a mother’s room and quiet rooms are located throughout the facility. It was built along the Interstate 17, and utilizes a tilt-up concrete design to create a bold and visible building for passers-by. Inside, images of Arizona mountains and its beautiful desert sceneries are splayed on the walls.

There are many spaces for employees to congregate and share ideas for their work too, keeping in line with modern office trends. There are also 500 covered parking spaces on the property, to protect employee’s cars from the harsh sun. This facility was turned over to Farmers Insurance in February and has plenty of room to grow for future expansions for the insurance company.

[ OFFICE ] FACTS & FIGURES PROJECT The Grand at Papago Park Center OWNER/DEVELOPERS Lincoln Property Company GENERAL CONTRACTOR Whiting-Turner ARCHITECT HKS Architects, Inc. SIZE 213,000 SF (Building 1) 3.2 million SF (total project) LOCATION 1101 W. Washington St., Tempe VALUE $80M START DATE April 2016

The Grand at Papago Park Center The first finished office building at The Grand at Papago Park Center is an impressive sign of things to come for the 3.2 million squarefoot mixed-use office masterplan.

Building One is wrapped in architectural glass and white aggregate precast, perfect for reflecting the surrounding beauty of the Papago Park area. The Grand Canal was relocated to run through the entire masterplan, creating an impressive water feature. The

first building represents 213,056 square feet of forward-thinking designed office space. This first office edition overcame challenges from the area’s low elevation in an impressive 10 months. Besides the cutting beauty of the relocated canal, a tenant garden was incorporated along with gardenlike landscape, creating a calming atmosphere unique to the area where folks flock to from across the Valley.

COMPLETION DATE February 2016 (Building 1) SUBCONTRACTORS Coreslab Structures, Inc. Delta Electric Harder Mechanical Contractors, Inc. KT Fabrication, Inc. Suntec Concrete

PEOPLE AND PROJECTS TO KNOW 2017

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[ OFFICE ] FACTS & FIGURES PROJECT McKesson OWNER/DEVELOPERS Ryan Companies US, Inc. GENERAL CONTRACTOR Ryan Companies US, Inc. ARCHITECT Butler Design Group SIZE 271,000 SF LOCATION 5591 N. Pima Rd., Scottsdale VALUE $38M START DATE August 2016 COMPLETION DATE 2017 SUBCONTRACTORS Bell Steel DP Electric HACI Mechanical Suntec Contrete Sun Tech Glass

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McKesson Located on the Salt River PimaMaricopa Indian Community, the McKesson office development will house approximately 1,800 employees for the pharmaceutical distributor.

The facility’s design includes twin, two-story buildings connected at the

second-floor with a sky-bridge. There are common areas for employees to work in, a full cafeteria, fitness center and other on-campus amenities designed to attract top talent in this competitive hiring environment.

The office campus provides plenty of

parking, with close proximity to the Downtown Scottsdale core, a rarity in this area for large office users. The sole-tenant, McKesson, will be able to utilize this new office for many years to come in one of the Valley’s most attractive areas.

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[ OFFICE ] FACTS & FIGURES PROJECT Waypoint OWNER/DEVELOPERS Lincoln Property Company GENERAL CONTRACTOR Wespac ARCHITECT DAVIS SIZE 152,000 SF (Building 4) 425,861 SF (total project) LOCATION 1130, 1138, 1146 and 1150 N. Alma School Rd., Mesa VALUE $50M START DATE April 2016 (Building 4) COMPLETION DATE March 2017 (Building 4) SUBCONTRACTORS Hardrock Concrete Placement Company Saguaro Steel, Inc. SGSI Glass & Glazing Spectrum Mechanical Wilson Electric Services Corporation

[ NEW TO MARKET ] FACTS & FIGURES PROJECT SkySong 5 OWNER/DEVELOPERS Plaza Companies GENERAL CONTRACTOR DPR Construction ARCHITECT Butler Design Group SIZE 142,000 SF VALUE $42M 90

PEOPLE AND PROJECTS TO KNOW 2017

Waypoint This Class A office campus is continuing the submarket’s tradition of sleek, anti-cookie-cutter office buildings. Located near the Loop 101 and 202 corridors, the original Waypoint Campus includes two newly built buildings. Glass recessed corners adorn one of the office buildings, creating floor-to-ceiling glass outlooks on the second floor.

There are 11-foot finished ceilings within the buildings, which are Energy Star Certified. The facilities were designed with knowledge-

based tenants in mind, to attract the best and brightest for work. Two buildings nearby were purchased to turn Waypoint into a 34.53-acre, four-building campus. The buildings

SkySong 5 SkySong’s revitalization of South Scottsdale continues as it gears up to add SkySong 5, the next prominent office addition to the ASU Innovation Center. The facility will have high performance glass integrated with metal and aluminum composite material panels throughout the building’s sidings. SkySong 5 will provide shade around the campus, much like the other SkySong buildings. The southwest corner of SkySong 5 will never be obstructed, providing views of the McDowell Buttes to the west. A second-floor community space will be added there, which can fully open up to an outdoor balcony through the use of retractable glass walls. SkySong 5’s future innovative tenants will have plenty of inspiration within this new facility, and spaces to congregate and mesh with fellow tech companies.

were redesigned to create a cohesive business park under the stylish Waypoint umbrella in one of the more attractive office submarkets in the Phoenix area.

[ OFFICE INTERIORS ] FACTS & FIGURES PROJECT Cresa OWNER/DEVELOPERS Cresa GENERAL CONTRACTOR Stevens Leinweber ARCHITECT SmithGroupJJR SIZE 9,416 SF LOCATION 2398 E. Camelback Rd., Suite 900, Phoenix VALUE $750,000 START DATE August 2015 COMPLETION DATE January 2016

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Cresa The design for this commercial real estate brokerage firm was centered around creating an energized team atmosphere through the design of an open environment, maximizing transparency and celebrating the 180-degree city views. A wood screen

wall in the entry lounge creates division amongst work environments, yet allows for an unobstructed line of site to the open office environment.

Conference rooms were designed to not only frame your view while occupying them, but were also

designed to virtually disappear when looking through the space. The break room lounge not only functions as a place to eat, but also serves as an intimate space to entertain clients, promote team collaboration and house informal meetings.

[ OFFICE INTERIORS ] FACTS & FIGURES PROJECT JDA Software Regional Headquarters OWNER/DEVELOPERS Washington Prime Group GENERAL CONTRACTOR Jokake Construction ARCHITECT Corgan SIZE 55,530 SF LOCATION 15059 N. Scottsdale Rd., #400, Scottsdale START DATE Fall 2015 COMPLETION DATE March 2016

JDA Software Regional Headquarters Located on the fourth and fifth floors of the Scottsdale Quarter, JDA Software’s new office design focuses on flexibility and connection. The new 100-percent open office layout is balanced by a variety of different sized meeting spaces and private phone rooms, but no two conference rooms have the same setup. JDA’s new space also incorporates a monumental stair, fitness area, locker rooms, work/café lounge, game room, beverage bars and a large training room. The monumental steel and concrete staircase in the center of the building serves as the focal point of intermingling different departments on the two floors, which have similar layouts but are color coated differently.

PEOPLE AND PROJECTS TO KNOW 2017

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[ OFFICE INTERIORS ] FACTS & FIGURES PROJECT Matson Money OWNER/DEVELOPERS 1st Premier Properties GENERAL CONTRACTOR Wespac Construction ARCHITECT Evolution Design SIZE 47,482 SF LOCATION 18940 N. Pima Rd., Scottsdale START DATE Late 2015 COMPLETION DATE October 2016 SUBCONTRACTORS Adobe Drywall Desert Ridge Glass Fine Line Cabinetry ReSource Arizona Wilson Electric

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Matson Money Imported title from Italy, two three-ton sections of the Berlin Wall, a replica of the Statue of David as well as handpicked bricks from Chicago were just a few of the one-of-a-kind design features that were strategically incorporated throughout the office, dubbed Matson Money West. In addition to the high-end décor, the tenant improvement design also includes a TV studio, screening room, merchandising area, commercial kitchen, café and a high-tech learning space for conference and boot camp attendees. This project, and the exquisite detail that is forged at every turn, is what sets this new office apart from any other of its caliber.

[ OFFICE INTERIORS ] FACTS & FIGURES PROJECT 2020 on Central Lobby Renovation GENERAL CONTRACTOR DBSI, Inc. ARCHITECT Gensler SIZE 10,000 SF LOCATION 2020 N. Central Ave., Phoenix START DATE March 2016 COMPLETION DATE July 2016 SUBCONTRACTORS Adams Mechanical Engineering Mowhawk Group Rowley Engineering Stone Finish, LLC Yellow Goat Design

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2020 on Central Lobby Renovation The owners wanted to bring 2020 on Central to the 21st century with its latest redesigns, which recrafted the main lobby. The architects were challenged to “activate, centralize, connect, focus and accentuate” the lobby area within the building,

which was built in the 1980s. This oversized lobby was first built to accommodate both the tower it rests in and a planned second tower that never came into fruition. The redesign brought the lobby back to the world of relevancy, curbing the outdated

setting. During the day, the sun’s light rules all, but at night an impressive light fixture can be seen from Central Avenue. The original interior metal paneling was preserved within this space, while furniture zones were created to host tenants for any need.

[ RECREATION ] FACTS & FIGURES PROJECT Bob & Renee Parsons Leadership Center for Girls & Women at Camp South Mountain OWNER/DEVELOPERS Girl Scouts Arizona CactusPine Council, Inc. GENERAL CONTRACTOR The Weitz Company ARCHITECT Marlene Imirzian & Associates Architects SIZE 75,000 SF LOCATION 1611 E. Dobbins Rd., Phoenix START DATE May 2015 COMPLETION DATE March 2017 SUBCONTRACTORS Bell Steel Extreme Drywall Concepts Mirror Works Northwest Floor & Wall RCI Systems

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Bob & Renee Parsons Leadership Center for Girls & Women at Camp South Mountain A revitalization of an existing Girl Scouts camp, the new facility created a relationship between the environment and the buildings.

This camp is connected to the surrounding South Mountain’s

beauty in more ways than one, offering group activities for the sciences as well as an archery range and lodging options. The fully ADA accessible camp sits on 14.5 acres near the core of Downtown Phoenix,

perfect for serving the girls living in the surrounding community. This camp will inspire girls and women to pursue the world of STEM for years to come through the new classrooms, tent and cabin lodging spaces.

[ RECREATION ] iFLY Indoor Skydiving Phoenix Skydiving has never been so easy thanks to iFLY’s vertical wind tunnel. This skydiving simulator has created an entertainment venue for people of all ages and skillsets.

A 20-foot below-grade structure was incorporated into the 72-foottall building, which includes two 70-foot tilt-up concrete towers and a glass flight chamber for the adventurous to soar in place.

The building has a unique façade, which mimics the gorgeous desert landscape of the Salt River PimaMaricopa Indian Community that iFLY resides in. This state-of-the-art facility lets spring training fans, casino visitors and more enjoy the spectacular feeling of free-fall without having to jump out of a flying airplane thanks to four 350 horsepower fans.

FACTS & FIGURES PROJECT iFLY Indoor Skydiving Phoenix OWNER/DEVELOPERS De Rito Partners GENERAL CONTRACTOR ARCO Murray National Construction Company ARCHITECT GMA Architects SIZE 7,000 SF LOCATION 9206 E. Talking Stick Way, Scottsdale VALUE $6.5M START DATE June 2016 COMPLETION DATE January 2017 SUBCONTRACTORS Arizona Glass Specialists Niemeyer Brothers Plumbing Olympic West Fire Protection Suntec Concrete Wilson Electric

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[ RECREATION ] FACTS & FIGURES PROJECT OdySea Aquarium OWNER/DEVELOPERS OdySea in the Desert GENERAL CONTRACTOR McCarthy Building Companies ARCHITECT Deutsch Architecture Group SIZE 200,000 SF LOCATION 9500 E. Via de Ventura, Scottsdale START DATE March 2015 COMPLETION DATE August 2016 SUBCONTRACTORS K&F Electric McCarthy Concrete Schuff Steel

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OdySea Aquarium Located in the Salt River PimaMaricopa Indian Community, OdySea Aquarium is the largest aquarium in the Southwest, spanning 200,000 square feet. The two-story facility holds more than two-million gallons of water, which is filtered through more than 300 pumps and 42,000 lineal feet of piping. The aquarium’s concrete tanks are combined with 5,455 square feet of acrylic viewing windows for visitors to enjoy the facility’s 50 exhibits and more than 30,000 animals. Blessing McAnlisVasquez, Talking Stick’s marketing project manager, says, “OdySea in the Desert is a project that supports

the larger vision of what the Talking Stick Cultural and Entertainment Destination area aims to be …

the leading cultural and tourism destination on Native American lands in Arizona.”

[ RECREATION ] FACTS & FIGURES PROJECT Dolphinaris Arizona OWNER/DEVELOPERS Ventura Entertainment Arizona; Ventura Capital Privado GENERAL CONTRACTOR A.R. Mays Construction ARCHITECT Deutsch Architecture Group SIZE 36,369 SF LOCATION 9500 E. Vía de Ventura, Scottsdale VALUE $15M START DATE Fall 2013

Dolphinaris Arizona

COMPLETION DATE October 2016

Said to be the first facility of its kind west of the Mississippi River, Dolphinaris makes the dream of swimming with dolphins a reality. The design includes a 925,000-gallon salt-water pool, which is also said to be the largest pool in Arizona. In order to maintain the life and health of the dolphins, a complex water filtration and cleaning system was installed that filters the water over 16 times per day.

SUBCONTRACTORS Presidential Pools Basic Metals Specified Electrical Contractors

[ NEW TO MARKET ] FACTS & FIGURES PROJECT Phoenix Raceway Modernization OWNER/DEVELOPERS International Speedway Corporation GENERAL CONTRACTOR Okland Construction ARCHITECT ROSSETTI (grandstand architect); DLR Group (infield architect) SIZE 234 acres

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Phoenix Raceway Modernization Fan comfort, convenience and entertainment are top of mind at the $178 million Phoenix Raceway Modernization. The first-ever Garage Fan Zone will be opened in the in-field to offer fans a chance to see the superstars of NASCAR in their element. There will also be a space for fans to watch the drivers’ meetings through glass walls. A tunnel will connect the grandstands and the renewed in-field as well, creating easy access throughout the entire raceway. Most of all, the start/finish line has been moved to the challenging Turn 2 at Phoenix Raceway, which will generate excitement during key moments of the race.

New suites are being added, including a garage suite, and the entire facility will be Wi-Fi enabled. The end result of the modernization will reveal the NASCAR track of the future.

NOW AVAILABLE FOR 2017 SEMI-FINAL:

Luxury suites + Curve, the ultimate in hospitality We’re making it premium. You’ll make it yours. Welcome to Phoenix Raceway’s brand new luxury suites and all-inclusive club, located between Turns 1 and 2. Here, you can treat guests to an exclusive experience, atmosphere and bird’s eye view of the dramatic NASCAR Semi-Final Weekend.

NEW

Luxury Suites PREMIUM AMENITIES: • • • •

NEW

Preferred parking Pre-Race Pit access Access to Rooftop viewing area High-end catering options, private restrooms + more

Curve ALL-INCLUSIVE EXPERIENCE: • • • • •

Exclusive all-day culinary menu Complimentary beer, wine, soft drinks + water Pre-Race Pit access Preferred parking Three unique seating areas including access to a private outdoor patio

Now accepting reservations. Host your guests in style at one of our luxury suites or Curve by calling 623-463-5400 or visiting PhoenixRaceway.com/raceday-extras

[ REDEVELOPMENT ] FACTS & FIGURES PROJECT Comcast OWNER/DEVELOPERS Tanager Property Management GENERAL CONTRACTOR Jokake Construction ARCHITECT Acquilano Leslie SIZE 160,018 SF LOCATION 4690 N. Oracle Rd., Tucson START DATE Fall 2015 COMPLETION DATE March 2016 SUBCONTRACTORS Adobe Drywall Central Alarm Comfort Systems USA Kazal Fire Protection Wilson Electric

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Comcast Aside from escalators that remain in the building, it’s hard to tell Comcast was once filled with mall shoppers. In less than eight months, crews transformed five former movie theaters into an open office and the old Galleria Mall into a single-tenant call center. Comcast’s new flagship call center and training facility in Tucson is the company’s largest in the Western U.S. The space opens up to 36-foot ceilings adorned with four extraordinary, custom light fixtures accented with arched design elements and a red, white and black color scheme. This project marks the highest investment to date by Comcast into a facility with highend design and mechanical features ranging from an axiom cloud pattern, state-of-the-art sound system and LED light fixtures.

[ REDEVELOPMENT ] FACTS & FIGURES PROJECT Luhrs City Center OWNER/DEVELOPERS Lincoln Property Company GENERAL CONTRACTOR Whiting-Turner; Willmeng Construction; Wespac ARCHITECT Dick & Fritsche Design Group; Gensler SIZE 157,735 SF (multiple buildings) LOCATION 11 W. Jefferson St., Phoenix VALUE $60M

Luhrs City Center Old is made new again at the Luhrs City Center, which is a National Historic Landmark originally constructed between 1924 and 1929 on the south side of Downtown Phoenix. The center features two office towers, 10 and 14 stories respectively.

Renovations have been done to the interiors and the building’s plumbing and HVAC systems were updated to create a modern office

complex for the sophisticated and trending user. Original brick interiors and exposed beams have been uncovered, prominently displaying vintage chic that will entice any hipster. The Luhrs Center has an upcoming, 19-story, 320-room Marriott too. On the ground floor, prominent retail components sit, such as the award-winning Bitter & Twisted Cocktail Parlour.

START DATE December 2015 COMPLETION DATE on-going SUBCONTRACTORS Dickens Quality Demolition, LLC Ghaster Painting & Coating, Inc.

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[ REDEVELOPMENT ] FACTS & FIGURES PROJECT The Roland’s Market Building OWNER/DEVELOPERS KLMN Properties, Inc. GENERAL CONTRACTOR Ameris Construction ARCHITECT CCBG SIZE 4,860 SF LOCATION 1505 E. Van Buren St., Phoenix VALUE $950,000 START DATE October 2016 COMPLETION DATE February 2017

FACTS & FIGURES PROJECT Terminal 3 Modernization at Sky Harbor Airport OWNER/DEVELOPERS Department of Aviation for City of Phoenix GENERAL CONTRACTOR HuntAustin ARCHITECT DWL Architects + Planners; SmithGroupJJR; Corgan SIZE 334,198 SF (Phase 1) VALUE $150M (Phase 1); $590M (total project) START DATE Spring 2015 COMPLETION DATE December 2016 (Phase 1)

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The Roland’s Market Building It’s important for growing cities to hold on to the highlights of the past. The redevelopment of Phoenix’s first Chinese American supermarket, Roland’s Market building, is holding on to Phoenix’s lush past while looking ahead to the future. The once boarded up building has been opened up to the world after the installation of a glass garage door. The famous Roland’s Market neon sign has been re-installed while the awning was accentuated with the inward movement of the glass doors. Old stucco was ousted to expose the brick arches over the doors and windows, revealing impressive craftsmanship from 1917. The family of the market’s original owners have been contacted to help tell this building’s story while providing historical photos of the market. Care has been taken to preserve this building, original red-bricks and all, while still hosting options for future tenants to make the space their own.

Terminal 3 Modernization at Sky Harbor Airport The main design goals were to create a world-class facility, solidify the connection to the community and utilize the existing canvas.

Phase 1 consisted of opening up the old terminal, designed in 1978 by DWL Architects, to incorporate its existing atrium spaces, skylights with natural light and exceptional views, connecting travelers back to the city and native Arizona desert landscape.

Targeted for completion in late 2018/ early 2019, Phase 2 will create a new 15-gate south concourse as well as food and retail concessions. Finally, Phase 3, to be completed in 2020, will involve the complete remodel of the north concourse focusing on an open passenger experience with shared hold rooms and concessions enhancements.

Enhancing the human experience through the power of design. www.gensler.com

[ RETAIL ] FACTS & FIGURES PROJECT The Colony OWNER/DEVELOPERS Western Vertical Holdings GENERAL CONTRACTOR LGE Design Build ARCHITECT LGE Design Build SIZE 22,467 SF LOCATION 5538 & 5600 N. 7th St., Phoenix START DATE March 2015 COMPLETION DATE June 2016

The Colony

SUBCONTRACTORS AF Steel Fabrication Phoenix Commercial Electric Sharp Creek Contracting TCK Vintage Plastering Company

The latest entry into the emerging Midtown culinary scene is a multi-use project that’s part-new construction and part-adaptive reuse.

Phase 1 consisted of renovations to the original 1950s-era building and Phase 2 included new construction, which varied based on the tenants and use. When it opened, The Colony was fully leased with six tenants.

Today’s tenants include a waxing studio, eyeglasses store, clothing boutique as well as various bar and restaurant concepts.

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[ RETAIL ] The Shops at Town & Country Redevelopment The redevelopment of the historic shopping center that first opened in 1960 included a refreshed look and new buildings for The Container Store, Hopdoddy, Orvis and Forever 21. Each building was designed with limestone, steel, glass, aluminum panels and composite wood to give the shopping center an updated look while blending the buildings in with the old.

FACTS & FIGURES PROJECT The Shops at Town & Country Redevelopment OWNER/DEVELOPERS Camelback RE Development; RED Development GENERAL CONTRACTOR Chasse Building Team ARCHITECT Reigle & Associates; Suite 6 Architecture SIZE 54,246 SF LOCATION 4949 N. 20th St., Phoenix START DATE 2012 COMPLETION DATE May 2016 SUBCONTRACTORS Demers Glass Desert Structures Huff & Sons Construction Kortman Electric Southwest Earthworks

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[ RETAIL ] FACTS & FIGURES PROJECT Uptown Plaza Redevelopment OWNER/DEVELOPERS Vintage Partners GENERAL CONTRACTOR Kitchell ARCHITECT Nelsen Partners SIZE 116,787 SF LOCATION 100 E. Camelback Rd., Phoenix START DATE Fall 2015 COMPLETION DATE June 2016 SUBCONTRACTORS Dickens Quality Demolition Floor Associates Foursite Pearson Engineering Associates PK Associates

[ NEW TO MARKET ] FACTS & FIGURES PROJECT Overstreet GENERAL CONTRACTOR LGE Design Build ARCHITECT Cawley Architects SIZE 77,000 SF VALUE $25M

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Uptown Plaza Redevelopment The retail landmark opened in 1955 as one of the Valley’s first shopping destinations. Recent renovations focused on modifying the build’s unique character to reflect its mid-century roots and enhance the surrounding community.

Familiar mid-century details include original steel canopies, metal scrim signage panels, light fixtures and reclaimed bricks from a demolished house built nearby in 1953, which matched the bricks of the original retail center. It’s latest wave of new tenants include Elly’s Pancake House, Huss Brewing Co., Néktar Juice Bar and Still Boutique.

Overstreet A large bridge sprawls over the entrance of Overstreet, accentuating its bold, inviting design. This retail space will be anchored by Flix Brewhouse, a combination movie theater and microbrewery. This premier tenant will brew up to 12 beers in-house and offer pub grub while showing the latest movies on the silver screen. Office tenants will be able to utilize the spaces near the overarching bridge at Overstreet, creating an environment that can be utilized anytime of the day. Local residents, commuters and travelers will be invited to pass through Overstreet as it hosts bike and pedestrian trails through the property.