Phoenix, Arizona – It is exciting to announce the sale of the previous Oink restaurant building in Tempe, AZ. The freestanding building recently sold for $1.8 million ($371 PSF) after falling out of escrow several times in 2020. Director of Leasing & Sales Investments, Rommie Mojahed and Associate advisor, Lindsey Dulle with SVN in Phoenix represented the seller in the transaction.

Mojahed and Dulle took this to market just before the pandemic and received a lot of traction right from the beginning. Just months into the pandemic, it started to slow way down. The sale even fell out of escrow a couple of times last year because the potential buyers had some roadblocks of their own.

SVN advisor, Lindsey Dulle stated, “I am excited for our client as this has been on the market through the pandemic and it’s great to see it get to the finish line.”

“This is a great area that is surrounded by residential communities so the new karate school should do very well,” said Mojahed.

The property is located at 1701 E. Warner Rd. in Tempe. The seller, Donald Baxla with Baxla Tempe Real Estate sold to Alfred Sandavol who will be repurposing the freestanding building into a multi-tenant use. Sandavol has a successful karate business and will be expanding in the Tempe area. The new owner also plans to lease out some of the 4,856-square-foot building to other tenants as well.

Land Advisors Organization’s Metro Phoenix homebuilding team facilitated the first of a two-phase deal for 165-acres that will bring more than 530 new single-family home lots to the area.

Scottsdale, Ariz. – Land Advisors Organization’s Metro Phoenix Homebuilding Team is pleased to announce the closing of 85 acres in Queen Creek, Arizona, to Mattamy Homes. The $15.5 million deal is the first of a two-phase transaction that will include a total of 165 acres and will deliver 533 new home lots to the national builder.

The new development Empire Point, located at Gary Road and Empire Road, represents the homebuilder’s further expansion in the East Valley. Mattamy Homes plans to offer new single-family homes ranging in width from 35 to 55 feet wide with a central amenity area. Land Advisors Organization’s Homebuilding Team of Bret Rinehart and Ryan Semro represented the buyer in the transaction.

“We are excited for Mattamy Homes and grateful for the opportunity to help them expand their presence in the highly coveted and successful Queen Creek submarket,” said Bret Rinehart, advisor with the Homebuilding Team at Land Advisors Organization.

“The expanding employment corridors, located off the Loop 202 in the East Valley, are continuing to drive demand for housing in the area. We are proud to be part of the successful growth of Mattamy Homes and the East Valley,” Rinehart said.

Land Advisors Organization’s Metro Phoenix Homebuilding team facilitates sales on behalf of landowners with virtually every major home builder in the market. The team specializes in home builder developments, multi-family communities and master-planned communities throughout Arizona.

Arizona Thrives Founder and Interim Director Pat Graham Transitions To Role of Strategic Advisor

PHOENIX, AZ  – Arizona Thrives announces it has formed the Arizona Thrives Alliance Leadership Council with 17 business, government and industry leaders to provide a shared leadership platform and a collaborative strategic approach to transition the state’s economy from carbon-based fuels to clean energy.

As the Alliance Leadership Council takes shape, Arizona Thrives Founder and Interim Director Pat Graham will move into the role of strategic advisor to address these urgent challenges in a way that works for all Arizonans.

The collective goal of Arizona Thrives, a collaborative statewide alliance, is to grow the economy in way that reduces emission contributing to unhealthy ozone pollution and thick blanket of carbon overheating the planet. More than 60 landmark companies and organizations have already joined the Arizona Thrives Alliance.

Alliance Leadership Council members were selected to represent a cross-section of industries, companies and organizations that have demonstrated a commitment to clean energy and willingness to advance goals, outreach and engagement within their respective sectors.

“Shared leadership is needed to create the future we want for Arizona: more high-wage jobs, improved air quality, improved livability of communities, increased water security, and sustained agriculture and energy independence,” said Heidi Kimball, Senior Vice President, Sunbelt Holdings and member of the Arizona Thrives Alliance Leadership Council.

Heidi Kimball, Senior Vice President, Sunbelt Holdings and member of the Arizona Thrives Alliance Leadership Council

The Arizona Thrives Alliance Leadership Council includes:

•  Willa Altman-Kaough, Policy Advisor, Office of the Mayor, City of Phoenix
•  Erik Bakken, Vice President, System Operations and Energy Resources, Tucson Electric Power
•  Kelly Barr, Assoc. General Manager & Chief Strategy, Corporate Services & Sustainability Executive, Salt River Project
•  Greg Bernosky, Director, Strategy Integration and Implementation, Arizona Public Service
•  Christine Bracamonte Wiggs, Staff Vice President, Community & Health Advancement
•  Diane Brown, Executive Director, Arizona PIRG Education Fund
•  Gary Dirks, Senior Director, Julie Ann Wrigley Global Futures Laboratory and LightWorks®, Arizona State University
•  Alexander Dunn, Vice President, Operations, Hensley Beverage Company
•  Max Gonzales, Executive Vice President, Strategy & Relationship Management, Chicanos Por La Causa
•  Heidi Kimball, Senior Vice President, Sunbelt Holdings
•  Kathleen Lee, Senior Vice President, Regional Initiatives, Greater Phoenix Economic Council
•  Stephanie Healy, Director of Public Affairs, Southwest Region, Cox Enterprises
•  Michael Peel, Statewide Sustainability Director, Local First Arizona
•  Timothy Rooney, Chief Executive Officer, Bard Valley Date Growers Association & Datepac, LLC.
•  Brian Sherman, Chief Innovation Officer, Arizona Commerce Authority
•  Parikhit Sinha, Senior Scientist, Sustainability Research, First Solar, Inc.
•  Ellen Zuckerman, Utility Program Co-Director, Southwest Energy Efficiency Project