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Triumph Real Estate Investment Fund Buys Two Shopping Centers for $7.01M

Posted By Keri Davies, LevRose Commercial Real Estate, Tuesday, February 14, 2017
SCOTTSDALE, AZ (February 14, 2017) — Triumph Real Estate Investment Fund, a Canadian Investment Fund based out of Calgary, Alberta, has purchased two Metro Phoenix shopping centers, Triumph Bell West Ranch and Triumph Glendale Crossing, for a total of $7,010,000. 
 
Triumph Bell West Ranch, a 20,225 square foot shopping center at 16846 W. Bell Road in Surprise, AZ, was purchased for $3,985,000. The property, which was 93.2% leased at the time of the sale, is now 100% leased. 
 
Triumph Glendale Crossing, a 10,595 square foot retail center at 5929 W. Peoria Avenue, Glendale, AZ, was purchased for $3,025,000. Tenants include T-Mobile, Western Dental and State Farm Insurance. 
 
“We are very pleased with our recent acquisitions in the Phoenix market,” said David Wallach, President and Founder of Triumph Real Estate Investment Fund.
 
“Our two retail Centers, Triumph Bell West Ranch & Triumph Glendale Crossing, align with our fund’s fundamentals in buying neighborhood centers with basic services to the residents in those neighboring communities. Our goal is to increase our presence in the Phoenix market as well as other states throughout the Central and Western U.S.,” Wallach said. 
 
Triumph Real Estate Investment Fund purchased Triumph Bell West Ranch from PWREO Bell & 303, LLC, and Triumph Glendale Crossing from Lawrence and Geyser. Jon Rosenberg and Keri Davies with Levrose Commercial Real Estate/TCN Worldwide negotiated both deals on behalf of the Buyer. 
 
Danielle Davis of Levrose Commercial Real Estate/TCN Worldwide will handle the leasing at both properties, and MODE Commercial Property Management has been selected to manage the properties. 
 
About Triumph Real Estate Investment Trust
Triumph Real Estate Investment Trust was created in order to offer investors the opportunity to strategically invest in multi-tenant industrial, retail and office buildings alongside a strong and experienced management team with over 40 years combined experience.
The Trust will focus on identifying undervalued and undermanaged properties located in Ontario, Saskatchewan and Alberta in the Canadian Market, as well as Texas, Arizona, Colorado and California in the U.S.A. Market.
For further information visit: www.triumphref.com
 
About Levrose Commercial Real Estate/TCN Worldwide
Levrose Commercial Real Estate/TCN Worldwide is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, Levrose has been helping clients with every aspect of leasing, buying, selling and managing Commercial properties. With some of the top professionals in the industry, Levrose Commercial Real Estate/TCN Worldwide takes a higher level of accountability for each client. Commercial Property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties.
For further information visit: www.levrose.com
 
About TCN Worldwide
TCN Worldwide, a consortium of leading independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. With commercial real estate professionals serving more than 200 primary and secondary markets worldwide and representing over 80 million square feet of space under management, TCN Worldwide is one of the most comprehensive service providers in the industry. An extensive range of real estate services coupled with a personal commitment to exceed client expectations is what allows TCN Worldwide to be a leader within the commercial real estate industry.
TCN Worldwide ranks as one of the largest service providers in the industry, consisting of more than 5,500 commercial real estate professionals in 173 offices across 25 countries, and collectively representing more than $58.6 billion in annual transaction volume.
For further information on TCN Worldwide, contact H. Ross Ford at 972-769-8701 or visit www.TCNWorldwide.com

 
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Tags:  Jon Rosenberg  Keri Davies  Levrose Commercial Real Estate  Phoenix market  TCN Worldwide  Triumph Real Estate 

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Jack Lunsford Named President & CEO at the Arizona Small Business Association

Posted By Administration, Wednesday, January 25, 2017

FOR IMMEDIATE RELEASE: January 25, 2017

CONTACT: Nicci Latino

(602) 306-4000

nlatino@asba.com                                   

 

JACK LUNSFORD NAMED PRESIDENT & CEO AT THE ARIZONA SMALL BUSINESS ASSOCIATION

 

Phoenix, Ariz. – After serving as “Interim” for five months Jack Lunsford has been named permanent President and CEO by the Arizona Small Business Association (ASBA). Lunsford is a former ASBA Board member.

 

“Jack is a visionary thought leader and change agent”, remarked Jason Trujillo, ASBA’s 2017 Board Chair. “There’s no question that Jack’s record as a well-known business, public policy, and community leader throughout the valley and state will greatly benefit ASBA through his outstanding leadership.” 

 

The federal government defines small business in the U.S. as those businesses having less than 500 employees. That means that 97% of the businesses in Arizona are small businesses, and ASBA represents those businesses as well as major companies.

 

“We are reshaping and rebuilding ASBA through rebranding to be more relevant for our members and to provide them with more innovative services,” Lunsford said. “We intend to be the voice of small business in Arizona, providing dynamic leadership and advocacy throughout the state.”

 

Non-profit leadership is a very familiar role for Lunsford, who has served as President & CEO of WESTMARC, the Greater Maricopa Foreign Trade Zone, and the Arizona Community College Coordinating Council. While with WESTMARC he was recognized by The Phoenix Business Journal as one of the Valley’s “50 Powerful People” and one of its “Most Admired CEOs & Top Level Executives”, and he received the ASU West Visionary Award jointly with WESTMARC.

 

“Jack’s commitment to Arizona’s small businesses, combined with his contagious energy, brings an excitement and attitude to the Board and staff that ASBA hasn’t seen in many years,” noted ASBA Past Chair Nick Petra.

 

A Phoenix native, Lunsford has more than 40 years’ experience in the private, public, and non-profit sectors. In 2014 he served as Special Assistant for Phoenix Mayor Greg Stanton, supporting him on economic development, education, transportation, healthcare, and homelessness issues. He is also the founding director of the Office of Government Relations and External Affairs for the Maricopa Community Colleges where for 20 years he was the chief policy and political advisor to the Chancellor and Governing Board. 

 

Lunsford’s honors include being a recipient of the Arizona Capitol Times “Leaders in Public Policy ‘Unsung Hero’ Award and national recognition as the “Marvin D. ‘Swede’ Johnson National Achievement Award for Outstanding State Relations in Higher Education”. He was also named one of the inaugural “West Valley ‘24’ Movers & Shakers” by West Valley Magazine.

 

Lunsford has twice held elected office:  as Coconino County Assessor (youngest in state history) and as a board member of West-MEC (a Maricopa County JTED school district). He is twice an Arizona banking officer, was a rural Arizona radio station executive, and is a former account executive for Mountain Bell/AT&T. Lunsford remains President of The Lunsford Group, an Arizona small business.

 

 

About ASBA

The Arizona Small Business Association (ASBA) is the success engine small business owners depend on to deliver statewide education, mentoring, networking and advocacy that provides forward-thinking entrepreneurs with the resources necessary to grow and evolve in ever-changing marketplace. By bringing thousands of small businesses together, ASBA has created greater value for all members and is proof positive that our mission of supporting small businesses through an active and connected community is working.

 

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If you’d like more information about this topic, or to schedule an interview with Jack Lunsford, please call Nicci Latino at 602.306.4000 or e-mail Nicci at nlatino@asba.com

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Tags:  Arizona  ASBA  CEO  News  Press Release  Small Business 

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Hayden Professional Park Sells for $8.25M

Posted By Keri Davies, LevRose Commercial Real Estate, Friday, January 13, 2017
SCOTTSDALE – January 13, 2017 - Levrose Commercial Real Estate/TCN Worldwide recently completed the sale of Hayden Professional Park, a 65,615 square foot office complex at 3200 N. Hayden Road in Scottsdale, AZ for $8,250,000. 

Blue Diamond Properties, LLC purchased the property from 3200 Hayden Plaza, LLC. The property was 100 percent leased at the close of escrow on December 23, 2016. 

Matt Leonard of Levrose Commercial Real Estate/TCN Worldwide facilitated the sale on behalf of the Buyer. 

About Levrose Commercial Real Estate
Levrose Commercial Real Estate is a market leader in commercial real estate services in the Greater Phoenix metro area. Since 1992, Levrose has been helping clients with every aspect of leasing, buying, selling and managing Commercial properties. With some of the top professionals in the industry, Levrose takes a higher level of accountability for each client. Commercial Property management is handled through affiliate firm MODE Real Estate Management Services. MODE has a unique, professional approach to the management of office, retail and medical properties. 

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Tags:  commercial real estate  Hayden Professional Park  Levrose  Matt Leonard  Scottsdale  TCN Worldwide 

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International Femtor® Award Recognizes Top Entrepreneurs and Philanthropists

Posted By Susan F. Moody, Starshine Associates, Monday, January 9, 2017

The eWomenNetwork Foundation today announced its 17th annual International Femtor® Awards Gala will take place on Saturday, August 5th in Dallas, Texas during the eWomenNetwork’s International Conference and Business Expo- the largest four day women’s business conference in North America.

Nominations are now being accepted for Emerging Leader of the Year Award.  This award recognizes our female leaders of tomorrow across the United States and Canada and helps them realize the promise of a vibrant future. Nominees must have demonstrated significant accomplishments in the areas of academics, business or community service.  The nomination deadline is March 31, 2017. www.femtorawards.org.

“We’re thrilled to offer such an exciting and unique opportunity to the emerging female leaders of our community,” says Susan F. Moody, Managing Director for the Phoenix chapter of eWomenNetwork. “We hope our chapter will sponsor this year’s Emerging Leader winner!”

One finalist will be chosen from each participating eWomenNetwork Chapter. Each finalist will receive an all-expense paid experience which includes flight, hotel accommodations, meals and full access eWomenNetwork conference registration-- a prize package valued at more than $5,000.  The Emerging Leader of the Year receives a total awards package of more than $16,000!

Emerging Leader finalists participate in a program especially designed for them, and are featured on our main stage during the Foundation’s International Femtor® Awards Gala.  The women selected will receive four days of skill development, relationship building and networking with established “Femtors®” in the only program of its kind in North America. (The word Femtor®, a registered trademark of eWomenNetwork, is defined as "a wise and trusted woman providing knowledge, inspiration and practical information to other women."  Femtor® acknowledges the mentoring work done from a female experience and knowledge base).

To nominate an Emerging Leader in your community or learn more about other International Femtor® Awards contact SusanMoody@eWomenNetworkcom.

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Tags:  awards  female entrepreneur  leadership  press release  Small Business  women businesses 

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Levrose Facilitates 37,000 SF Phoenix Industrial Lease

Posted By Keri Davies, LevRose Commercial Real Estate, Thursday, January 5, 2017
SCOTTSDALE – January 5, 2017 – Levrose Commercial Real Estate/TCN Worldwide has negotiated the lease of a 37,000 square foot industrial space at Phoenix Star Commerce Park in Phoenix. Manna Distribution Services, a national delivery company who specializes in delivering large retail products and difficult-to-handle items, will occupy the warehouse space located at 2110 S. 7th Avenue in Phoenix, AZ. Keri Davies and Jon Rosenberg of Levrose Commercial Real Estate partnered with Paramount to represent the tenant in the transaction. Lee & Associates represented the landlord.

The Manna distribution center in Phoenix joins several existing locations in Chicago, Portland, Ore., Los Angeles, and New Orleans and St. Louis. 

About Manna Distribution Services
Manna Distribution Services focuses exclusively on the fast, white glove home delivery of large consumer items such as furniture, major kitchen appliances, mattresses, wine refrigerators, fitness equipment, flat panel TVs, home medical equipment, and other large, difficult-to-handle consumer goods.  Manna was founded in 1991 and is headquartered in St. Louis.

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Tags:  distribution center  Jon Rosenberg  Keri Davies  Levrose  Levrose/TCN Worldwide  Manna Distribution Services  Phoenix industrial space 

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