west valley
Volume 30 Issue 06 Goodyear, AZ
November 14, 2018
Business Briefcase By Connor Dziawura
IN THE BIZ
Hello, readers! I have a few developments of interest this week. Sticking with Goodyear and Avondale this time, there are a variety of happenings, from a new art center offering courses for adults and kids to the continued expansion of popular West Valley bike shop Trek. But those two are just in Goodyear. Before I get to those, I’ll start over in Avondale, where there are several developments including a multimillion dollar retail building sale and a new engineering consulting firm. Here’s the news! First, George Boukather of Newport Beach, California, purchased a 10,017-square-foot multi-tenant retail building at 1461 N. Dysart Road – northeast of Van Buren Street and Dysart Road, in Avondale’s Coldwater Plaza – from Great Falls, Virginiabased Sparty Holdings LLC for $2.89 million. Vice presidents Steve Julius, Jesse Goldsmith and Joe Compagno of CBRE negotiated the sale. Constructed in 2003, the four-unit building is 87 percent leased, with current tenants including Red Dragon Buffet, Cricket Wireless and CheckMate. “Today, free-standing buildings with high street visibility are the most desired properties to both retail tenants and investors, especially when surrounded by national tenants, like this building at Coldwater Plaza,” Julius said.
A 10,000-square-foot multi-tenant retail building in Avondale’s Coldwater Plaza sold for $2.89 million. The building is 80 percent leased, and current tenants include Red Dragon Buffet, Cricket Wireless and CheckMate. (Photo courtesy CBRE)
Moving along, employee-owned engineering consulting firm Terracon opened an office in Avondale, located at 1050 N. Fairway Drive, Building G, Suite 103, south of I-10. Senior project manager and office lead Jennifer Tran has relocated from the Tempe office, along with NCR group manager Marilyn Zenko. Regional Manager Brent M. Borchers, also the Tempe office’s principal, will oversee the new West Valley location. For more information, visit terracon.com/offices/phoenix. “We are looking forward to servicing our clients with a presence in the West Valley,” Borchers said. “Not only does our Avondale office bring with it the benefit of being local, but also provides (USPS 004-616) is published weekly
Public Notices ........... page 3 © Copyright, 2018 West Valley View, Inc.
Mailing Address: 250 Litchfield Rd., #130 Goodyear, AZ 85338 (623) 535-VIEW • 535-8439
Steven Strickbine, publisher Christina Fuoco-Karasinski, editor Connor Dziawura, Assistant Editor
our capabilities and expertise as a national firm.” Chuck Reynolds, senior client development manager and principal, added, “In addition to being closer to our West Valley clients and their growth, we simultaneously will be able to enhance some of our employees’ well-being by providing an office closer to home.” Next, UCreate Art Center recently opened a brick-and-mortar location in Goodyear. It is at 500 N. Bullard Road, Suite 28. It offers art courses for beginners as well as those looking to master their craft. Courses are available in ceramics, watercolors, acrylics, sculpting and more. Adults’ and kids’ classes are offered, but there are also open studio Subscriptions are $26 for 2 years, $14 for one year. Periodicals postage paid at Phoenix, AZ 85026.
POSTMASTER: Send address changes to: West Valley View, 250 Litchfield Rd., #130 Goodyear, AZ 85338