New Rental Home Community Coming to Rancho del Lago in Vail Arizona

VAIL, Arizona — WAA GST Exempt Trust (April Worden, Trustee) purchased block 40 at Rancho del Lago from RMG Vail LLC for $535,350. The 4.5 acre site fronts on Rancho del Lago Blvd. in the master planned golf community of Rancho del Lago. The buyer intends to develop a community of 40-50 rental homes, in the under served market for rentals in the Vail area.

Rancho Del Lago is a Master Planned Community built in Vail, Arizona. Located north of I-10, Rancho Del Lago has homes for every lifestyle, including First-time Buyers, Families, Luxury Home Buyers, Retirees and Snowbirds. Some Residents come for the Del Lago Golf Course but most love the open spaces, mountain views and the great community that is Rancho Del Lago. Conveniently located in North Vail, Rancho Del Lago’s Clubhouse and Restaurant are a focal point for events and local activities. The Median Price of homes for sale in Rancho Del Lago is about $225,000.  The highest priced homes are located in Rancho Del Rincon which feature homes on One Acre Lots, and Wingview, a gated community that is especially popular with snowbirds, retirees and mature families.  Rancho Del Lago also boasts an Active Adult Community, Del Webb of Pulte homes.

For more information: https://www.ranchodellago.com/

Randy Emerson of GRE Partners, LLC represented the Seller and can be reached at 520.396.4812.

To learn more, see RED Comp #7538.




CBRE’s Michael Strittmatter named 2020 Chair for NAIOP Arizona Developing Leaders

PHOENIX, ARIZ.–Michael Strittmatter, First Vice President CBRE Advisory & Transaction Services, Investor Leasing, has been named 2020 Chairman for the Arizona Chapter of NAIOP’s Developing Leaders (DL) program, which serves commercial real estate professionals age 35 and under.

Strittmatter joined CBRE in 2011. He specializes in landlord leasing throughout Metro Phoenix with a focus on representing Class A building owners and developers. He and his team have completed numerous build-to-suit transactions and have extensive experience leasing, large, ground-up business parks.

“Thanks to last year’s Chairman, Pat Boyle, for all his hard work setting the tone for this upcoming year,” Strittmatter said. “The Developing Leaders program has a great foundation, and I’m looking forward to welcoming the new members and new ideas this upcoming year. Expanding programs such as the NAIOP-AZ Connections (mentoring) will continue to increase the value of membership.”

In addition to naming a new chairman, the Developing Leaders selected the 2020 Steering Committee. The other officers are Pat Boyle, Cushman & Wakefield, immediate past chairman; Matthew Krause, Krause Interior Architecture, vice chairman; and Chelsea Porter, The Renaissance Companies, treasurer.

Additional steering committee members are Chris Beall, JLL; Ellen Boles, Phoenix Design One, Inc.; Liz Collins, Cresa; Tim Colquhoun, National Bank of Arizona; Jack Czerwinski, Majestic Realty Co.; Phil Haenel, Cushman & Wakefield; Jenna Harrison, ViaWest Group; Cullen Mahoney, Trammell Crow Company; Ashley Marsh, Tiffany & Bosco; Thomas Maynard, GPEC; Sterling Pascal, Lee & Associates; Preston Pilcher, Lovitt Touche; Madeline Rumpf, Cresa; Patrick Schrimsher, Cushman & Wakefield; Kyle Seger, JLL; Josh Tracy,Ryan Companies US, Inc.; Bryan Wright, Kimley-Horn; and Mollie Zemer, Barclay Group.

In 2020 the Developing Leaders will continue to refine the Young Professionals Group (YPG) mentorship program. DL events scheduled for 2020 include a bowling outing, a spring training baseball game, the signature Rookies & Rockstars evening, networking happy hours, a holiday party and an educational speaker event.

All NAIOP members who are age 35 or under qualify to participate in the Developing Leaders program, whether they joined through the DL membership category or as part of a corporate membership




Colliers International Awarded Best of Business Awards by Flagstaff Business News

Company Recognized as Top Commercial Real Estate Agent and Business Broker

Phoenix, Arizona – Colliers International in Arizona’s Flagstaff office has won two Best of Business 2019 awards from the Flagstaff Business News. They were recognized as the area’s top Commercial Real Estate Agent and the leading Business Broker.

“This award brings great pride because it is the result of feedback from our clients and the citizens of Northern Arizona,” said Kevin Call, CPA, vice president of Northern Arizona operations for Colliers International. “Our team works tirelessly to provide the highest level of professional services to our community and we appreciate everyone who provided a vote of confidence about our efforts.”

Colliers International in Arizona established its Flagstaff office in 2018. The Flagstaff office provides commercial real estate brokerage, development, sales, and leasing, along with strategic advice and marketing to business sellers and buyers.

Flagstaff Business News covers business news in the communities of Flagstaff, Sedona, Williams and Winslow. The publication conducts its Best of Business awards program each year, which allows residents of the area ability to vote for what they view as the best businesses in the area.