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www.sioraz.com Questions about SIOR, becoming a Member or Corporate Sponsor? Please contact our Chapter directly: THE 3104 E. Camelback Rd., #185 Phoenix, AZ 85016 P 602.418.2500 F 602.840.1194 VOL 4 | SPRING | 2015 ARIZONA SIOR CHAPTER Chapter Kicks Off 2015 With Developer Showcase Event! Members, sponsors and industry friends convened at The Henry on January 22nd to hear presentations from Platinum Sponsors; Merit Partners, The Rockefeller Group and Renaissance Companies. Each gave their unique perspective on market development, recent transactions and industry trends. Mark Singerman, Vice President and Regional Director of The Rockefeller Group shared his thoughts on their recent sale of the Chandler Corporate Center II office building and the new spec flex building that was recently completed, Chandler Corporate Center III. Mark also discussed future opportunities at the Rockefeller Group’s other east valley projects, Chandler 101, a planned class A office project, Chandler Crossroads, a proposed 2 building 250,000 square foot industrial project, Gilbert Crossroads, a 45 acre land opportunity and North Gateway, a 123 acre mixed use project in Gilbert, AZ. Merit Partners President, Kevin Czerwinski provided attendees with an impressive video and presentation on the 1500 acre PV 303 Business Park that is being developed along the east and west side of the recently opened Loop 303 Freeway between Thomas Road on the south and north to Camelback Road. He also showcased the Tolleson Corporate Park. The 130 acre development offers industrial mixed use just south of I-10 with frontage along Buckeye Road and 75th Ave.. Renaissance Companies Founder Craig Porter rounded out the presentations by discussing construction costs and trends with emphasis on some recently completed projects. The event concluded with a private networking and cocktail hour with over 60 notable attendees. 2015 Sponsors PLATINUM Cohen Asset Management Merit Partners Renaissance Companies The Rockefeller Group GOLD CBRE DCT Industrial Duke Realty Ryan Companies Xceligent SILVER Bank of America/Merrill Lynch CDC Small Business Finance Chicago Title Agency Colliers International Cushman & Wakefield Dermody Properties Deutsch Architecture Group EastGroup Properties EJM Development JLL Landmark Title Assurance Agency Lawyers Title LBA Realty Liberty Property Trust Opus Development Company Overton Moore Properties Parkway Realty Services PICOR/Cushman & Wakefield Prologis Security Title Agency Seefried Industrial Properties Sun State Builders Thomas Title & Escrow Tratt Properties, LLC Umpqua Bank Wells Fargo SBA Lending Wentworth Property Company Willmeng Construction

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Page 1: THE THEpdf.leeazmail.com/pdfs/CoppolaCheney/In the News/SIOR_AZ...Wells Fargo SBA Lending Wentworth Property Company Willmeng Construction Excellence in industrial and office real

www.sioraz.comwww.sioraz.com

3104 E. Camelback Rd., #185Phoenix, AZ 85016

P 602.418.2500F 602.840.1194

Questions about SIOR, becoming aMember or Corporate Sponsor?Please contact our Chapter directly:

THETHE

3104 E. Camelback Rd., #185Phoenix, AZ 85016

P 602.418.2500F 602.840.1194

2015 Calendar of Events

VOL 4 | SPRING | 2015

ArizonA Sior ChApter

April 22-25, 20152015 Scottsdale Spring World Conference

Westin Kierland Resort & Spa Visit www.sior.com

May 28, 2015James Rickards

NY Times Best Selling AuthorCurrency Wars and The Death of Money

3:15pm to 5:00pm - Presentation • 5:00pm to 6:00pm - Cocktail Hour

Chapter Kicks Off 2015 With Developer Showcase Event!Members, sponsors and industry friends convened at The Henry on January 22nd to hear presentations from Platinum Sponsors; Merit Partners, The Rockefeller Group and Renaissance Companies. Each gave their unique perspective on market development, recent transactions and industry trends.

Mark Singerman, Vice President and Regional Director of The Rockefeller Group shared his thoughts on their recent sale of the Chandler Corporate Center II office building and the new spec flex building that was recently completed, Chandler Corporate Center III. Mark also discussed future opportunities at the Rockefeller Group’s other east valley projects, Chandler 101, a planned class A office project, Chandler Crossroads, a proposed 2 building 250,000 square foot industrial project, Gilbert Crossroads, a 45 acre land opportunity and North Gateway, a 123 acre mixed use project in Gilbert, AZ.

Merit Partners President, Kevin Czerwinski provided attendees with an impressive video and presentation on the 1500 acre PV 303 Business Park that is being developed along the east and west side of the recently opened Loop 303 Freeway between Thomas Road on the south and north to Camelback Road. He also showcased the Tolleson Corporate Park. The 130 acre development offers industrial mixed use just south of I-10 with frontage along Buckeye Road and 75th Ave..

Renaissance Companies Founder Craig Porter rounded out the presentations by discussing construction costs and trends with emphasis on some recently completed projects. The event concluded with a private networking and cocktail hour with over 60 notable attendees.

ALL EVENTS ARE BY INVITATION ONLY

2015 Sponsors

PLATINUMCohen Asset Management

Merit Partners Renaissance Companies The Rockefeller Group

GOLDCBRE

DCT Industrial Duke Realty

Ryan Companies Xceligent

SILVERBank of America/Merrill Lynch CDC Small Business Finance

Chicago Title Agency Colliers International

Cushman & Wakefield Dermody Properties

Deutsch Architecture Group EastGroup Properties EJM Development

JLL Landmark Title Assurance Agency

Lawyers Title LBA Realty

Liberty Property Trust Opus Development Company

Overton Moore Properties Parkway Realty Services

PICOR/Cushman & Wakefield Prologis

Security Title Agency Seefried Industrial Properties

Sun State Builders Thomas Title & Escrow

Tratt Properties, LLC Umpqua Bank

Wells Fargo SBA Lending Wentworth Property Company

Willmeng Construction

Excellence in industrial and office real estate.

2,800 industrial and office brokers and agentsworldwide have met stringent qualifications toearn the SIOR designation, certifiying their expertise.

Global coverage in 34 countries in 630 citieswith true expertise and knowledge of local markets.

Ongoing education ensures that SIORs remain onthe cutting edge of industry, professional, andtechnological practices.

SIORs are deal closers, completing more than 80,000transactions per year (30 transactions per member).

SIORs are market-tested, ethically driven, and highlyrespected in the industry.

The Society of Industrial and O ffice REALTO RS®

(SIOR ) is the leading professional office and

industria l real estate brokerage association,

representing today’s most knowledgeable,

experienced, a nd successful commercia l

real estate brokerage specia lists.

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS®

SIOR. The right choice.

Why Hire an SIOR?

ARIZONA SIOR CHAPTER

www.sioraz.com3104 E. Camelback Road Suite #185 Phoenix, AZ 85016 P 602.418.2500 F 602.840.1194

The Right Choice

Visibility is a Powerful Advantage.

Partnering with the Best in the Business

630 Cities34 Countries80,000 Transactions/Year

2015 Platinum Sponsors

Cohen Asset ManagementMerit Partners

Renaissance Companies The Rockefeller Group

2015 Gold Sponsors

CBREDCT IndustrialDuke Realty

Ryan CompaniesXceligent

www.sioraz.com

Page 2: THE THEpdf.leeazmail.com/pdfs/CoppolaCheney/In the News/SIOR_AZ...Wells Fargo SBA Lending Wentworth Property Company Willmeng Construction Excellence in industrial and office real

Past Presidents CornerTom Louer, SIOR 2009-2010

Tom Louer received his SIOR designation in 2000 and was the Arizona Chapter President from 2009 through 2010. Mr. Louer was pro active in recruiting new members and instituting new and innovative ideas and events. His involvement in the SIOR Foundation is noteworthy and he also served as an SIOR Foundation

Trustee from 2011 to 2012. Prior to Tom’s presidency, the Arizona Chapter (formerly known as the Southwest Chapter) consisted of members not only in Arizona but also in El Paso, Texas. Mr. Louer was instrumental in streamlining and consolidating operations to the Phoenix-Tucson metro areas. Mr. Louer specializes in the representation of landlords and tenants specializing in the leasing and sales of industrial properties in the Metropolitan Phoenix real estate market. Mr. Louer’s extensive knowledge of the Metropolitan Phoenix market is complemented by thorough analysis and marketing skills involving tenant relocation, tenant expansion, lease negotiations, market analysis and property marketing. These qualities, along with a strong work ethic, have enabled him to become a respected presence within the market.As a Commercial Real Estate Advisor for Lee & Associates, Mr. Louer has represented the interests of multiple landlords, developers and tenants within Metropolitan Phoenix. The most noted of which include: Safelite Glass Company, Niagra Bottling and ProLogis. Tom is a graduate on The University of Arizona with a Bachelor of Science Degree in Finance and Real Estate.Thank you Tom for your service and leadership! Tom can be reached at 602.954.3779 or [email protected]

Member SpotlightPaul Sweetland, SIOR

Paul Sweetland obtained his SIOR designation in 2008. With 17 years of industrial real estate

experience, Mr. Sweetland joined Cushman & Wakefield as a senior director for the Phoenix office’s industrial division. In his role at C & W, Sweetland specializes in the Sky Harbor and Southwest submarkets. Paul is an Arizona native but he began his real estate career in Las Vegas in 1998 where he was a broker for 10 years at Sweetland Industrial Realty. Paul transitioned to the Phoenix Metro Market in 2011 and holds active real estate licenses in both Nevada and Arizona. Specializing in industrial multi-tenant project leasing, sales and leasing of freestanding buildings and industrial land sales; he represents private and institutional owners in addition to tenants with various industrial requirements. In his career, Paul has completed over 500 transactions in excess of $400 million.Sweetland received his real estate license from the Arizona School of Real Estate, and attended the University of Nevada-Las Vegas.Reach out to Paul at 602.229.5927 or [email protected]

Great job Paul!

Threat of Deflation | Reprint of Dr. Sam Chandan | National GlobeSt.com February 24, 2015

SIOR Members Report Completed TransactionsThe Arizona Chapter is pleased to highlight the following transactions recently completed by SIOR members. SIOR consists of the highest producing professionals in the industry, closing on average more than 30 multi-million dollar transactions per year. Members are encouraged to submit their completed transactions to [email protected].

$5,525,000 – SALE 49,464 SF

7855 S. River Parkway, Tempe, AZ

Buyer: ViaWest Properties, LLC Seller: AEGON Realty Advisors, LLC

Craig Coppola, SIOR Andrew Cheney, SIOR Lee & Associates

$40,850,000 – Sale 279,503 SF1255, 1275, & 1295 W. Washington St., Tempe, AZBuyer: KDI Capital Partners, LLC Seller: Phoenix Investors #17, 20, 21, LLCCraig Coppola, SIOR Andrew Cheney, SIOR Lee & Associates

$41,700,000 - Sale 174,917 SF 6991 E. Camelback Rd., Scottsdale, AZBuyer: Velocis Partners, LLC Seller: Camelback EP, LLCBill Blake, SIOR Craig Coppola, SIOR Andrew Cheney, SIOR Lee & Associates

$3,050,000 - Sale 27,500 SF 945 W. Deer Valley Road, Phoenix, AZBuyer: Third Avenue Investments Seller: Regal GroupTom Louer, SIOR Lee & AssociatesRob Martensen, SIOR Colliers

$1,333,108 - Lease 14,060 SF

2121 S. Power Road, Mesa, AZ

Tenant: A World of Tile, LLC Landlord: The Peter and Phyllis Eichman Trust

John Filli, SIOR NAI Horizon

29,295 SF - Sublease

2201 N. Forbes Blvd, Tucson, AZ

Buyer: Schletter, Inc. Seller: Carondelet Health Network

Russell Hall, SIOR PICOR/Cushman Wakefield

exeCutive Committee

preSident

Mark DiSabato, SIOR Atlantis Commercial, [email protected]

viCe preSident Mark Gustin, SIOR, CCIMJones Lang [email protected]

SeCretAry / treASurer

Rob Martensen, SIOR, CCIMColliers [email protected]

CommuniCAtionS / WebSite

John G. Soldo, SIORCommercial Properties, [email protected]

member / AdmiSSionS

Jerry Noble, SIORCushman & [email protected]

SponSorShip

Patrick Feeney, Jr., [email protected]

member retention

Stein Koss, SIORLee & Associates [email protected]

progrAmS direCtor

Marc Hertzberg, SIORJones Lang [email protected]

ChApter AdminiStrAtor

Allison LeeSIOR Arizona [email protected]

pASt preSiding preSident

2011-2012Matt Hobaica, SIORLee & [email protected]

Gun Club Event on Target With Cohen The Arizona Chapter hosted an event at the Scottsdale Gun Club on February 24th with special guest appearance by Platinum Sponsor, Bradley Cohen, Founder of Cohen Asset Management. Mr. Cohen presented the audience with information on his 25 + year history of private based investment and management of industrial real estate. Currently their national portfolio including all industrial sub-product types exceeds over 10 million square feet.

Through a small but experience team of real estate professionals, Cohen Asset Management has the ability to move quickly through the acquisition process with certainty of closing. Cohen listed several reasons why they like investing in the Metro Phoenix market:

• Sustained population growth – approximately 40% growth since 2000 with projected growth estimated to be 2x national rate for next 20 years

• High quality of life coupled with low cost of living attracting young well-educated workforce

• Warm climate – 300 days of sunshine and average annual temperature of 76 degrees

• Economic diversification with growth of technology, healthcare, financial services, education, and manufacturing sectors

• Government - business friendly compared to California

Afterwards, members and guests learned about Arizona gun laws and safety and then headed to the shooting range for a rare opportunity to fire various weapons including a fully automatic machine gun, AR15 and various hand guns. Special thanks go to Jason Quintel’s group, Seefried Industrial Properties who provided Honey Bear’s BBQ. Visit www.cohenasset.com for more information.

For the duration of the financial crisis and the long recovery that has followed, detractors of the Federal Reserve’s ongoing experimentalism have warned against stoking runaway inflation. It is a credible concern but not one that has proven out. While it

stands to reason that low costs of capital have played their role in lifting asset prices, fears of broader inflation at the hands of central bankers have thus far been misplaced. As labor markets tighten in the United States, above-target inflation may rear its head; in the here and now, deflation is the more immediate threat.

In the United States and elsewhere, inflation is running below monetary policymakers’ assumed target of 2 percent. In the extreme, declining prices on the Continent have shaken the European Central Bank out of its relative disengagement and onto a belated course of quantitative easing. Across the leading European economies, only Norway and Austria can boast inflation above 1 percent. Back at home, where growth is stronger and labor markets are tightening, December’s consumer price index was just 0.7 percent higher than a year earlier.

The sharp decline in oil prices explains a great deal about the direction of prices, but it is not the whole story. Even after removing volatile energy and food components, narrower measures of core inflation indicate underlying weakness in demand across a broad range of product and service categories. There is an output gap.

As a commercial real estate investor, should you be concerned about deflation? Yes. While lower prices may seem like a gift to consumers in the short run, stagnant wages and cash hoarding are part and parcel of declining prices. There is also the matter of your debt, which is now growing in real terms. The institutional owner holding a core asset may not be troubled; the marginal private buyer is in a more precarious position if deflation persists for an extended period. Most problematic and least appreciated among the deflation risks, basic monetary policy tools – and investors’ confidence in the power of central banks – are undermined as we approach the next inflexion in the business cycle.

Dr. Sam Chandan is President and Chief Economist of Chandan Economics and a professor in the associated faculty of real estate at the Wharton School of the University of Pennsylvania.

NY Times Best Selling Author Rickards To Speak at Chapter Event May 28thNew York Times best selling author James Rickard (national best sellers Currency Wars and The Death of Money) is scheduled to speak at our chapter event on May 28th. He is an Op-Ed contributor to the Financial Times, Evening Standard, New York Times and Washington Post, and has been interviewed on BBC, CNN, NPR, C-SPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal.

Rickards is Chief Global Strategist at the West Shore Funds, Editor of Strategic Intelligence, a monthly newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital. He is best known as the author of New York Times best seller, The Death of Money (Penguin, 2014), and national best seller, Currency Wars (Penguin, 2011). He is a portfolio manager, lawyer, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. This event is by invite only! SAVE THE DATE!

cvanlehn
Highlight
Page 3: THE THEpdf.leeazmail.com/pdfs/CoppolaCheney/In the News/SIOR_AZ...Wells Fargo SBA Lending Wentworth Property Company Willmeng Construction Excellence in industrial and office real

Past Presidents CornerTom Louer, SIOR 2009-2010

Tom Louer received his SIOR designation in 2000 and was the Arizona Chapter President from 2009 through 2010. Mr. Louer was pro active in recruiting new members and instituting new and innovative ideas and events. His involvement in the SIOR Foundation is noteworthy and he also served as an SIOR Foundation

Trustee from 2011 to 2012. Prior to Tom’s presidency, the Arizona Chapter (formerly known as the Southwest Chapter) consisted of members not only in Arizona but also in El Paso, Texas. Mr. Louer was instrumental in streamlining and consolidating operations to the Phoenix-Tucson metro areas. Mr. Louer specializes in the representation of landlords and tenants specializing in the leasing and sales of industrial properties in the Metropolitan Phoenix real estate market. Mr. Louer’s extensive knowledge of the Metropolitan Phoenix market is complemented by thorough analysis and marketing skills involving tenant relocation, tenant expansion, lease negotiations, market analysis and property marketing. These qualities, along with a strong work ethic, have enabled him to become a respected presence within the market.As a Commercial Real Estate Advisor for Lee & Associates, Mr. Louer has represented the interests of multiple landlords, developers and tenants within Metropolitan Phoenix. The most noted of which include: Safelite Glass Company, Niagra Bottling and ProLogis. Tom is a graduate on The University of Arizona with a Bachelor of Science Degree in Finance and Real Estate.Thank you Tom for your service and leadership! Tom can be reached at 602.954.3779 or [email protected]

Member SpotlightPaul Sweetland, SIOR

Paul Sweetland obtained his SIOR designation in 2008. With 17 years of industrial real estate

experience, Mr. Sweetland joined Cushman & Wakefield as a senior director for the Phoenix office’s industrial division. In his role at C & W, Sweetland specializes in the Sky Harbor and Southwest submarkets. Paul is an Arizona native but he began his real estate career in Las Vegas in 1998 where he was a broker for 10 years at Sweetland Industrial Realty. Paul transitioned to the Phoenix Metro Market in 2011 and holds active real estate licenses in both Nevada and Arizona. Specializing in industrial multi-tenant project leasing, sales and leasing of freestanding buildings and industrial land sales; he represents private and institutional owners in addition to tenants with various industrial requirements. In his career, Paul has completed over 500 transactions in excess of $400 million.Sweetland received his real estate license from the Arizona School of Real Estate, and attended the University of Nevada-Las Vegas.Reach out to Paul at 602.229.5927 or [email protected]

Great job Paul!

Threat of Deflation | Reprint of Dr. Sam Chandan | National GlobeSt.com February 24, 2015

SIOR Members Report Completed TransactionsThe Arizona Chapter is pleased to highlight the following transactions recently completed by SIOR members. SIOR consists of the highest producing professionals in the industry, closing on average more than 30 multi-million dollar transactions per year. Members are encouraged to submit their completed transactions to [email protected].

$5,525,000 – SALE 49,464 SF

7855 S. River Parkway, Tempe, AZ

Buyer: ViaWest Properties, LLC Seller: AEGON Realty Advisors, LLC

Craig Coppola, SIOR Andrew Cheney, SIOR Lee & Associates

$40,850,000 – Sale 279,503 SF1255, 1275, & 1295 W. Washington St., Tempe, AZBuyer: KDI Capital Partners, LLC Seller: Phoenix Investors #17, 20, 21, LLCCraig Coppola, SIOR Andrew Cheney, SIOR Lee & Associates

$41,700,000 - Sale 174,917 SF 6991 E. Camelback Rd., Scottsdale, AZBuyer: Velocis Partners, LLC Seller: Camelback EP, LLCBill Blake, SIOR Craig Coppola, SIOR Andrew Cheney, SIOR Lee & Associates

$3,050,000 - Sale 27,500 SF 945 W. Deer Valley Road, Phoenix, AZBuyer: Third Avenue Investments Seller: Regal GroupTom Louer, SIOR Lee & AssociatesRob Martensen, SIOR Colliers

$1,333,108 - Lease 14,060 SF

2121 S. Power Road, Mesa, AZ

Tenant: A World of Tile, LLC Landlord: The Peter and Phyllis Eichman Trust

John Filli, SIOR NAI Horizon

29,295 SF - Sublease

2201 N. Forbes Blvd, Tucson, AZ

Buyer: Schletter, Inc. Seller: Carondelet Health Network

Russell Hall, SIOR PICOR/Cushman Wakefield

exeCutive Committee

preSident

Mark DiSabato, SIOR Atlantis Commercial, [email protected]

viCe preSident Mark Gustin, SIOR, CCIMJones Lang [email protected]

SeCretAry / treASurer

Rob Martensen, SIOR, CCIMColliers [email protected]

CommuniCAtionS / WebSite

John G. Soldo, SIORCommercial Properties, [email protected]

member / AdmiSSionS

Jerry Noble, SIORCushman & [email protected]

SponSorShip

Patrick Feeney, Jr., [email protected]

member retention

Stein Koss, SIORLee & Associates [email protected]

progrAmS direCtor

Marc Hertzberg, SIORJones Lang [email protected]

ChApter AdminiStrAtor

Allison LeeSIOR Arizona [email protected]

pASt preSiding preSident

2011-2012Matt Hobaica, SIORLee & [email protected]

Gun Club Event on Target With Cohen The Arizona Chapter hosted an event at the Scottsdale Gun Club on February 24th with special guest appearance by Platinum Sponsor, Bradley Cohen, Founder of Cohen Asset Management. Mr. Cohen presented the audience with information on his 25 + year history of private based investment and management of industrial real estate. Currently their national portfolio including all industrial sub-product types exceeds over 10 million square feet.

Through a small but experience team of real estate professionals, Cohen Asset Management has the ability to move quickly through the acquisition process with certainty of closing. Cohen listed several reasons why they like investing in the Metro Phoenix market:

• Sustained population growth – approximately 40% growth since 2000 with projected growth estimated to be 2x national rate for next 20 years

• High quality of life coupled with low cost of living attracting young well-educated workforce

• Warm climate – 300 days of sunshine and average annual temperature of 76 degrees

• Economic diversification with growth of technology, healthcare, financial services, education, and manufacturing sectors

• Government - business friendly compared to California

Afterwards, members and guests learned about Arizona gun laws and safety and then headed to the shooting range for a rare opportunity to fire various weapons including a fully automatic machine gun, AR15 and various hand guns. Special thanks go to Jason Quintel’s group, Seefried Industrial Properties who provided Honey Bear’s BBQ. Visit www.cohenasset.com for more information.

For the duration of the financial crisis and the long recovery that has followed, detractors of the Federal Reserve’s ongoing experimentalism have warned against stoking runaway inflation. It is a credible concern but not one that has proven out. While it

stands to reason that low costs of capital have played their role in lifting asset prices, fears of broader inflation at the hands of central bankers have thus far been misplaced. As labor markets tighten in the United States, above-target inflation may rear its head; in the here and now, deflation is the more immediate threat.

In the United States and elsewhere, inflation is running below monetary policymakers’ assumed target of 2 percent. In the extreme, declining prices on the Continent have shaken the European Central Bank out of its relative disengagement and onto a belated course of quantitative easing. Across the leading European economies, only Norway and Austria can boast inflation above 1 percent. Back at home, where growth is stronger and labor markets are tightening, December’s consumer price index was just 0.7 percent higher than a year earlier.

The sharp decline in oil prices explains a great deal about the direction of prices, but it is not the whole story. Even after removing volatile energy and food components, narrower measures of core inflation indicate underlying weakness in demand across a broad range of product and service categories. There is an output gap.

As a commercial real estate investor, should you be concerned about deflation? Yes. While lower prices may seem like a gift to consumers in the short run, stagnant wages and cash hoarding are part and parcel of declining prices. There is also the matter of your debt, which is now growing in real terms. The institutional owner holding a core asset may not be troubled; the marginal private buyer is in a more precarious position if deflation persists for an extended period. Most problematic and least appreciated among the deflation risks, basic monetary policy tools – and investors’ confidence in the power of central banks – are undermined as we approach the next inflexion in the business cycle.

Dr. Sam Chandan is President and Chief Economist of Chandan Economics and a professor in the associated faculty of real estate at the Wharton School of the University of Pennsylvania.

NY Times Best Selling Author Rickards To Speak at Chapter Event May 28thNew York Times best selling author James Rickard (national best sellers Currency Wars and The Death of Money) is scheduled to speak at our chapter event on May 28th. He is an Op-Ed contributor to the Financial Times, Evening Standard, New York Times and Washington Post, and has been interviewed on BBC, CNN, NPR, C-SPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal.

Rickards is Chief Global Strategist at the West Shore Funds, Editor of Strategic Intelligence, a monthly newsletter, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital. He is best known as the author of New York Times best seller, The Death of Money (Penguin, 2014), and national best seller, Currency Wars (Penguin, 2011). He is a portfolio manager, lawyer, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. This event is by invite only! SAVE THE DATE!

Page 4: THE THEpdf.leeazmail.com/pdfs/CoppolaCheney/In the News/SIOR_AZ...Wells Fargo SBA Lending Wentworth Property Company Willmeng Construction Excellence in industrial and office real

www.sioraz.comwww.sioraz.com

3104 E. Camelback Rd., #185Phoenix, AZ 85016

P 602.418.2500F 602.840.1194

Questions about SIOR, becoming aMember or Corporate Sponsor?Please contact our Chapter directly:

THETHE

3104 E. Camelback Rd., #185Phoenix, AZ 85016

P 602.418.2500F 602.840.1194

2015 Calendar of Events

VOL 4 | SPRING | 2015

ArizonA Sior ChApter

April 22-25, 20152015 Scottsdale Spring World Conference

Westin Kierland Resort & Spa Visit www.sior.com

May 28, 2015James Rickards

NY Times Best Selling AuthorCurrency Wars and The Death of Money

3:15pm to 5:00pm - Presentation • 5:00pm to 6:00pm - Cocktail Hour

Chapter Kicks Off 2015 With Developer Showcase Event!Members, sponsors and industry friends convened at The Henry on January 22nd to hear presentations from Platinum Sponsors; Merit Partners, The Rockefeller Group and Renaissance Companies. Each gave their unique perspective on market development, recent transactions and industry trends.

Mark Singerman, Vice President and Regional Director of The Rockefeller Group shared his thoughts on their recent sale of the Chandler Corporate Center II office building and the new spec flex building that was recently completed, Chandler Corporate Center III. Mark also discussed future opportunities at the Rockefeller Group’s other east valley projects, Chandler 101, a planned class A office project, Chandler Crossroads, a proposed 2 building 250,000 square foot industrial project, Gilbert Crossroads, a 45 acre land opportunity and North Gateway, a 123 acre mixed use project in Gilbert, AZ.

Merit Partners President, Kevin Czerwinski provided attendees with an impressive video and presentation on the 1500 acre PV 303 Business Park that is being developed along the east and west side of the recently opened Loop 303 Freeway between Thomas Road on the south and north to Camelback Road. He also showcased the Tolleson Corporate Park. The 130 acre development offers industrial mixed use just south of I-10 with frontage along Buckeye Road and 75th Ave..

Renaissance Companies Founder Craig Porter rounded out the presentations by discussing construction costs and trends with emphasis on some recently completed projects. The event concluded with a private networking and cocktail hour with over 60 notable attendees.

ALL EVENTS ARE BY INVITATION ONLY

2015 Sponsors

PLATINUMCohen Asset Management

Merit Partners Renaissance Companies The Rockefeller Group

GOLDCBRE

DCT Industrial Duke Realty

Ryan Companies Xceligent

SILVERBank of America/Merrill Lynch CDC Small Business Finance

Chicago Title Agency Colliers International

Cushman & Wakefield Dermody Properties

Deutsch Architecture Group EastGroup Properties EJM Development

JLL Landmark Title Assurance Agency

Lawyers Title LBA Realty

Liberty Property Trust Opus Development Company

Overton Moore Properties Parkway Realty Services

PICOR/Cushman & Wakefield Prologis

Security Title Agency Seefried Industrial Properties

Sun State Builders Thomas Title & Escrow

Tratt Properties, LLC Umpqua Bank

Wells Fargo SBA Lending Wentworth Property Company

Willmeng Construction

Excellence in industrial and office real estate.

2,800 industrial and office brokers and agentsworldwide have met stringent qualifications toearn the SIOR designation, certifiying their expertise.

Global coverage in 34 countries in 630 citieswith true expertise and knowledge of local markets.

Ongoing education ensures that SIORs remain onthe cutting edge of industry, professional, andtechnological practices.

SIORs are deal closers, completing more than 80,000transactions per year (30 transactions per member).

SIORs are market-tested, ethically driven, and highlyrespected in the industry.

The Society of Industrial and O ffice REALTO RS®

(SIOR ) is the leading professional office and

industria l real estate brokerage association,

representing today’s most knowledgeable,

experienced, a nd successful commercia l

real estate brokerage specia lists.

SOCIETY OF INDUSTRIAL AND OFFICE REALTORS®

SIOR. The right choice.

Why Hire an SIOR?

ARIZONA SIOR CHAPTER

www.sioraz.com3104 E. Camelback Road Suite #185 Phoenix, AZ 85016 P 602.418.2500 F 602.840.1194

The Right Choice

Visibility is a Powerful Advantage.

Partnering with the Best in the Business

630 Cities34 Countries80,000 Transactions/Year

2015 Platinum Sponsors

Cohen Asset ManagementMerit Partners

Renaissance Companies The Rockefeller Group

2015 Gold Sponsors

CBREDCT IndustrialDuke Realty

Ryan CompaniesXceligent

www.sioraz.com