Luxury Multifamily in Glendale

by Mike Hunter

P.B. Bell has opened Velaire at Aspera, a nearly 13-acre luxury apartment community within the long-awaited Aspera mixed-use development in Glendale. Velaire at Aspera, the third new community P.B. Bell has opened since late September, offers one-, two- and three-bedroom luxury apartment homes in a resort-like setting, with amenities that include a theater, dog agility… [More]

Navigating Commercial Leasing to Medical Marijuana Dispensaries

by Adam Buck

Growing and selling marijuana may be the most controversial business in America, but, due to changing public opinion and the current political climate, it shows no signs of slowing down. Unless the Federal government decriminalizes the manufacture, sale and use of marijuana, it remains a very risky business, not just for the business owners but… [More]

Smoke-Free Gaining in Multifamily

by RaeAnne Marsh

A ban on smoking is an emerging trend in multifamily residential properties, gaining traction especially over the past two years, according to Bryan Fasulo, regional property manager for national multifamily management company Pinnacle, which manages Residences at Fountainhead, a development at Tempe Town Lake, and Proxy 333 in Downtown Phoenix. Support programs in Arizona are… [More]

Good Buy, Canada

by RaeAnne Marsh

Real estate in the Valley of the Sun, and Arizona generally, continues to attract investment from Canadians. “Phoenix is a destination of choice — one of the top three Sunbelt states for Canadians to visit or retire to,” says Alain Forget, director of sales and business development for RBC Bank, a wholly-owned subsidiary of the… [More]

Video West Stages New Site

by RaeAnne Marsh

LGE Design Build has completed construction on Video West Inc.’s new 40,000-square-foot office/warehouse headquarters in Phoenix. Video West Inc., a national audio visual rental and staging company, moved from Tempe to its new location near Loop 202 and 52nd Street and also Phoenix Sky Harbor International Airport, doubling the size of its former space. The… [More]

Commercial Real Estate: Is Multifamily Moving the Market?

by RaeAnne Marsh

What’s most visible of commercial real estate in metropolitan Phoenix is the multifamily market. Dennis Desmond, senior managing director of JLL in Phoenix, puts the number of units currently under construction at 6,000. This strength has been a trend as we’ve recovered from the recession. “Multifamily, as a segment of commercial real estate, is the… [More]

New Model in Real Estate

by RaeAnne Marsh

A new model of real estate brokerage firm debuted in the Valley earlier this year. Local real estate entrepreneur John N. Vatistas created Launch Real Estate with, initially, a handful of personally selected top-producing real estate brokers. “While it is common among traditional real estate brokerages to house agents of varying skills sets and experiences,… [More]

Entrepreneurial Lifestyle

by RaeAnne Marsh

SOHO Scottsdale, designed in collaboration by renowned architect Bing Hu of H&S International and Irene Clary of Catclar Investments, is a first- of-its-kind, mixed-use, live-work residential project designed for the professional or entrepreneur. These stylish, modern live-work units are uniquely dual-zoned; giving owners the ability to enjoy the lifestyle North Scottsdale has to offer from… [More]

‘Millennial Mindset’

by Mike Hunter

Contour on Campbell Ave. represents a new typology in condominium communities, with amenities catering not to a particular age group but to the homebuyer looking for a specific urban lifestyle, and Liv URBN and design partners Gould Evans Associates keep locale-centric design and neighborhood integration at the fore of their decision-making on this project. “We… [More]

Whiskey Row with Aggie Roots

by RaeAnne Marsh

Ground has broken on a new Dierks Bentley’s Whiskey Row in downtown Gilbert that has been designed to connect with the town’s agricultural roots. “We were influenced by Gilbert’s agricultural roots and the feeling of a barn or trading post,” says Artie Vigil, architect and urban designer with AV3 Design Studio of Phoenix. The new… [More]