AZ|RE Magazine - Latest News

Arizona Ranked No. 5 In Commercial Real Estate Development In 2011

Arizona was ranked No. 5 in 2011 in direct spending in all three phases of development across all categories of commercial real estate, according to a report issued last week … CONTINUE READING

Tutor Perini Awarded Construction Contract For Vee Quiva Casino

Tutor Perini Building Corporation of Las Vegas on Tuesday was awarded the contractor bid to construct the Gila River Gaming Enterprise’s new Vee Quiva Casino in Laveen. Tutor Perini was … CONTINUE READING

Paving The Way For Phoenix Small Business Growth

Foreshadowing federal reports of an uptick in demand for commercial real estate and small business lending, CDC Small Business Finance recently funded two loans to help a local company purchase … CONTINUE READING

City Of Phoenix Makes Changes To Commercial Loan Program

Energize Phoenix, an energy efficiency upgrades and savings program, announces that businesses participating in the commercial loan program are now eligible to receive additional rebates from the commercial rebate program. … CONTINUE READING

Allstate Leases 66,000 SF In Tempe Gateway Building

Allstate Insurance Company has signed a lease as a new office tenant in the Tempe Gateway building in the Mill Avenue District, Vulcan Real Estate announced today. Allstate’s lease is … CONTINUE READING

Sundt Construction To Donate 150K Bottles Of Water To Thirst Aid Drive

Sundt Construction Company, with the help from its subcontractors and suppliers, will lead off the 2012 Thirst Aid Water Drive on May 11 by delivering 150,000 bottles of water by … CONTINUE READING

Banner Estrella Recognized As An Energy Star Facility By EPA

Banner Estrella Medical Center is the first and only hospital in Maricopa County to be labeled an ENERGY STAR® certified building by the U.S. Environmental Protection Agency. There are just … CONTINUE READING

Marriott To Open Courtyard Hotel In Scottsdale

Courtyard by Marriott is rolling out its new lobby and room design in Scottsdale, featuring the “refreshing business” makeover. The 158-room Courtyard Scottsdale Salt River is scheduled to open this … CONTINUE READING

Shepley Bulfinch Design Breathes New Life Into Downtown Gilbert Building

Architect Shepley Bulfinch has partnered again with Upward Projects to create Postino East, a neighborhood dining spot in the heart of downtown Gilbert. The 2,700 SF renovation in the southern … CONTINUE READING

Veteran Commercial Real Estate Professional Larry Cassel Passes Away

Commercial Properties Incorporated (CPI) is saddened by the passing of a property management professional. On March 30, Larry Cassel, Director of Property Management, passed away due to ongoing medical complications.  Larry Cassel … CONTINUE READING

Arizona Commercial Real Estate Financing Nearly Doubles

Commercial real estate financing in Arizona via the Small Business Administration (SBA) 504 loan program nearly doubled for the first half of the SBA’s fiscal year compared to the same … CONTINUE READING

Sundt Foundation Eclipses $1M In Donations For MDA

The Sundt Foundation and Sundt Construction, Inc. employees surpassed the $1M mark in funds raised for the Muscular Dystrophy Association (MDA) during the Annual Mike Gaines Charity Golf Tournament hosted at the Legacy Golf … CONTINUE READING