Archive for the 'West Valley' Category

Arizona Politics Trumps Economics; Students, Needy Families To Suffer

Mike Padgett -

March 21, 2010 EDITORIAL Are Arizona’s leaders, struggling with an overpowering deficit, downsizing state programs too far? Last week, Gov. Jan Brewer signed the state’s fiscal 2011 budget of $8.9 billion, which is a reduction of  $1.1 billion. Budget supporters called the new budget a streamlining of state government. Critics say it is hardhearted, with […]

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Challenging office and industrial markets in metro Phoenix predicted

Mike Padgett -

July 13, 2009 Press Release PHOENIX, Ariz. – The commercial real estate market in metro Phoenix has been impacted by reduced lending activity, rising unemployment and increased foreclosure rates, according to the second-quarter report from Colliers International. Following are the report’s highlights: Office Market • Overall vacancy is at 21.4 percent, up from 19.9 percent […]

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Mid-2009 Metro Phoenix Home Sales Update

Mike Padgett -

July 7, 2009 Guest column “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” Warren Buffett By Tom Ruff, The Information Market A year ago I was batting clean up for the housingdoom.com team. Today, I’m called a cheerleader for ARMLS, comments […]

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SmithGroup Tapped to Design $10M Sports Center for City of Avondale

Mike Padgett -

June 22, 2009 AVONDALE, Ariz. – SmithGroup’s team of architects and designers in Phoenix has been selected by the city of Avondale to design a $10 million indoor sports recreation center that will be managed by a private company. The 83,000-square-foot facility will be constructed at Van Buren Street and Avondale Boulevard, starting late this […]

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New Business Helps Protect Vacant Homes from Thieves and Squatters

Mike Padgett -

May 4, 2009 SCOTTSDALE, Ariz. – It was a whisper that launched an Arizona couple’s unique business in one of the nation’s toughest real estate markets. John and Cyndee Bezik were seated in a Scottsdale church. His real estate business, like many others, was stalled, as was her interior design work. Cyndee leans over to John […]

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Arizona and European Investors Have $94 Million for Unfinished Projects

Mike Padgett -

March 16, 2009 SCOTTSDALE, Ariz. – With about $94 million in his pockets and a camera in his hand, Paul Charles is anything but your average photographer. Charles is vice president of Laguna Pacific Inc., a development company partnering with an $8 billion investment banking firm in Europe. Last summer, the companies formed a joint […]

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Phoenix furniture wholesaler doubling its leased space; CBRE inks deal

Mike Padgett -

Feb. 16, 2009 PHOENIX, Ariz. – CB Richard Ellis has negotiated a full-building lease for the Valley West Distribution Center, a 323,345-square-foot warehouse at 601 N. 75th Ave. in southwest Phoenix. Bill Bayless and Andrew Brigham of CBRE’s Phoenix office represented the tenant, Furniture Values International LLC of Phoenix in the seven-year lease. The landlord, Myron […]

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Office team brings West Valley expertise to Colliers in Phoenix

Mike Padgett -

Feb. 5, 2009 PHOENIX, Ariz. – Two commercial real estate brokers active in the West Valley have joined Colliers International’s Phoenix office. Tyler Smith, vice president, and Drew Price, senior associate, moved to Colliers from Logan Commercial Advisors in Scottsdale. Before joining Logan Commercial in 2004, Smith was with Grubb & Ellis/BRE Commercial in Phoenix […]

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