GLENDALE, Ariz. – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Filiberto’s, a 2,658-square-foot net-leased property located in Glendale, Arizona.

According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $1,748,000 ($658 PSF).

Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a partnership.

Built in 1999, Filiberto’s Mexican Food Drive-Thru is an outparcel to an LA Fitness-anchored shopping center. Excellently located along West Peoria Avenue, the asset is visibly to over 52,200 vehicles per day at the nearby intersection of Peoria Avenue and 59th Avenue. Filiberto’s is easily accessible 429,264 residents within a five-mile radius and the 18,100 Glendale Community College students whose campus is less than a mile south of the subject property. The area hosts a strong daytime population of approximately 453,185 employees. Filiberto’s is located at 5760 West Peoria Avenue in Glendale, Arizona.

TUCSON, ARIZONA — Dirty T Automotive LLC (Kevin Arroyos, Manager) purchased the auto repair building where they were a tenant at 3350 N. Oracle Road in Tucson from Oracle Properties Limited Partnership of El Paso, TX for $790,000 ($98 PSF).

The 7,650-square-foot building on a 32,960-square-foot lot was built in 1982 as a Meineke Car Care Center. It has 4 drive thru service bays, a lube pit and rear storage yard, located south of Yavapai Road on Oracle Road, with high traffic count.

The Dirty T is a full-service auto repair shop with 25 years of experience.

Gary Emerson of GRE Partners, LLC represented the seller and Emery Chukly of Empowered Real Estate represented the buyer.

For more information, Emerson should be reached at 520.777.4949 Chukly can be contacted at 520. 742.2114.

PHOENIX, ARIZONA – The Outstanding Building of the Year (TOBY) Award is one of the most prestigious and comprehensive programs of its kind in the commercial real estate industry, recognizing quality in buildings and rewarding excellence in building management.

BOMA Greater Phoenix, the industry group that advances the commercial real estate industry through advocacy, influence, and knowledge, held its 2021 TOBY Award presentation recently at the Scottsdale Resort at McCormick Ranch, honoring five buildings. They were judged on community involvement and site management to environmental and “green” policies and procedures.

This year’s winners (by category, building name, management company, property manager):

• 100,000 to 249,999 SF: Three Gateway, Bridge Commercial Real Estate, Janalee Jackson;
• Earth: GSA Professional Office Building, Ryan Companies US, Amanda Forsmo, LEED AP O+M;
• Industrial: Lighting Unlimited, A Brighter Idea, Cory Schneider (building owner);
• Medical Office Building: St. Joseph’s Westgate Medical Center, Davis Southwest, Kathryn Rhinehart, CPM, RPA, LEED, GA;
• Renovated Building: 201 E. Washington, Transwestern, Monica Greenman, CPM, MBA, RPA.

“It was such an honor to be a part of this year’s TOBY Awards as we truly had an amazing group of property managers enter the competition,” said Stephanie Jones, Business Development Manager at Allied Universal Security Services and 2021 TOBY event chair. “Each of their properties were unique, which really allowed the managers to showcase their abilities and skills as it relates to running a smooth commercial real estate operation. We had a great representation of quality commercial buildings and excellence in building management. That is what the TOBY Awards are all about.”

TOBY Award competition consists of three levels. The competition begins at the BOMA local association level, winning entries advance from there to the regional level and regional winners advance to the international level. The international TOBY Awards are presented at the BOMA International Conference & Expo each year.

BOMA Greater Phoenix members include building owners, property managers, asset managers, corporate facility managers, government office building managers, industrial building managers, medical office building professionals, other commercial real estate professionals, and commercial real estate product or services providers.

The format has changed in recent years to include retail and medical office buildings, not just office buildings, said Susan Engstrom, BOMA Greater Phoenix Board Governor and Senior TOBY judge. She is Owner/Manager of SEE-CRE LLC. The award’s name was changed from The Office Building of the Year Awards to The Outstanding Building of the Year Awards.

“Changing to The Outstanding Building of the Year opened up the competition to encompass all our buildings,” said Engstrom, who also serves as BOMA International Awards Chair. “It’s always better to honor more buildings. More property managers feel more included. We feel the name change has made the award more inclusive.

“Doing so also helps people in our industry focus on what the TOBY represents. It’s best practices, best managers, best owners. It’s making a building more Earth-friendly. Trying to decrease the carbon footprint, more conservation, and more enhancement of our communities,” Engstrom said.

PHOTOS: TOBY Lighting Award – Lighting Unlimited, A Brighter Idea, Cory Schneider (building owner); TOBY 100,000 to 249,999 SF Award: Three Gateway, Bridge Commercial Real Estate, Janalee Jackson