Industry Professionals 12-24-19
Giving Back 1. Achen-Gardner Construction contributed to the AZAGC YCF Save the Family Holiday Adopt-A-Family gift drive and several of our employees volunteered their time to shop, wrap, and deliver the gifts. The gift drive raised more than $7,200 and provided holiday gifts to 12 families, including 16 adults and 34 children. Awards & Accolades […]
Commercial Real Estate Transactions 12-24-19
Sales Transactions 1. Heitman Capital Management purchased Aspire Tucson Student Housing, a 10-story tower at 950 Tyndall Avenue, Tucson, for $97M. Jaclyn Fitts, Executive Vice President, Student Housing with CBRE Dallas, William Vonderfecht, First Vice President, Student Housing, with CBRE Dallas, W. Michael Sandahl, Vice Chairman, Tucson Multifamily, and Casey Schaefer, First Vice President, Student […]
ADOT to Host Small & DBE Transportation Expo
Source: Arizona Department of Transportation The Arizona Department of Transportation and partner agencies will hold an event Thursday, March 12, highlighting project opportunities to owners of small businesses and companies qualifying for the agency’s Disadvantaged Business Enterprise (DBE) program. The 2020 DBE & Small Business Transportation Expo, scheduled for 7 a.m. to noon at Glendale […]
BEX Presents: The 2019 Bah Humbug! Awards
By Tasha Anderson for AZBEX *Read to the tune of Jingle Bells Dashing to get home Vacation time is near Families rejoice The holidays are here, but oh-no, Year-end deadlines loom Those bid dates can’t be missed Proposals surely were not on our Christmas list, Bah Humbug! Shrubs and trees, ponds and weeds Casa Grande […]
Pegasus Announces Expansion of Data Center
Source: Pegasus Group Holdings Pegasus Group Holdings, the largest renewable energy data center in the United States, announced that it is expanding its operations. The company, who already owns and operates a 717-acre, 340-Megawatt solar powered data facility known as The Hive, has just purchased an additional 770-acre parcel in Mohave County, code name “Firefly.” […]
Arizona Projects 12-20-2019
Awards and Accolades 1. Hines announced that its award-winning Offices at Chandler Viridian, a six-story, 252.4KSF building at the intersection of Loop 101 and Loop 202 near the Chandler Fashion Center, has recently earned Gold certification from the U.S. Green Building Council’s LEED® Core and Shell rating system. Groundbreakings 2. Raul Hector Castro Port of […]
Cavan Companies Proposes “Bungalows” in Gilbert
By Tasha Anderson for AZBEX Scottsdale-based Cavan Companies is looking to add another “Bungalows”-branded multifamily community to Arizona, this time in Gilbert. Plans were submitted to the Town of Gilbert and were discussed at the December 4th Planning Commission Study Session. A minor general plan amendment and request to rezone approximately 15.91 acres just north […]
HUSD Facilities Need $25M Upgrade
By Nanci Hutson for Daily Courier If Humboldt Unified School District was to simply fix and renovate its 10 school facilities so that they are “functionally” suitable as a learning environment for children, the price tag would be just under $25M. The Governing Board on December 10th was given a full report from a third-party […]
ACC Votes to Support Solar Development in Arizona
Source: AZ Big Media The Arizona Corporation Commission (ACC) recently voted to reject a request from the state’s investor-owned utilities to set two-year contract terms for renewable energy projects under the federal Public Utility Regulatory Policies Act (PURPA). Instead, commissioners voted unanimously to set contract terms at 18 years, providing renewable energy developers the financial […]
Multifamily Housing Wraps 2019
By Mary Salmonsen for Multifamily Executive The average U.S. multifamily rent fell $3 to $1,473 in November, according to the latest National Multifamily Report by Yardi Matrix. Year-over-Year rent growth fell by 20 basis points, down to 3.1 percent for the month. National rent growth has held at three percent or above since spring 2018, […]