ASU MRED students test their development acumen in 2025 REIAC/Rockefeller Challenge

2024 REIAC/Rockefeller Group Challenge winners of Picnic Development are (left to right) Bridger Hendzel, Keyonna Martinez, Nicholas Anderson, and Kevin Winkler.

PHOENIX, ARIZ. (April 8, 2025) – The 12th REIAC/Rockefeller Group Challenge again offers a cash prize to a winning team of graduating Masters of Real Estate Development (MRED) students from Arizona State University’s W. P. Carey School of Business.

The event is May 8 at Arizona Biltmore Golf Club Adobe Bar & Grille, 2400 Biltmore Estates Drive, in Phoenix. This year features a new twist – five “Real Estate Celebrity Judges.” Each team has 10 minutes to present. Presentations will be judged and the winning team selected by industry leaders:

  • Sharon Harper, Plaza Companies;
  • John Graham, Sunbelt Holdings;
  • Charley Freericks, Howard Hughes Holdings, Inc.;
  • Heather Personne, Evolve Ventures;
  • Lorenzo Perez, Venue Projects.

Each winning team member receives a check for $1,000 from REIAC and Rockefeller Group.

Registration and networking begin at 3:30 p.m. The presentations are from 4 p.m. to 5 p.m. with voting and announcement of the winning team shortly after. A networking mixer will be held after the announcement.

“Our REIAC chapter deeply values the collaboration with Arizona State University, as it allows us to mentor and support the next wave of talented developers in Arizona,” said Arthur J. Ferrari III, REIAC Southwest President and President of LineageCRE. “These remarkable young individuals are shaping the future of our industry, and we are proud to play a part in their journey.”

Competing teams of graduating ASU MRED students will each present their response to a request for development of the northeast and northwest corners of Rural Road and Rio Salado Parkway Gateway to the Novus Innovation Corridor.

Mark Stapp, Executive Director of the MRED program, described the students’ thesis as “a culminating experience that demands the application of everything students have learned. These projects present wicked problems that push the boundaries of students’ knowledge and would pose a challenge even for the most seasoned professionals.”

“The Rockefeller Group is honored to participate in what has become an annual tradition that has provided additional motivation for MRED students to be selected as one of the top three teams to compete in the Challenge,” said Mark Singerman, Past President of the REIAC Southwest Chapter and Vice President/Regional Director-Arizona for The Rockefeller Group, the event’s title sponsor.

“The inspiring and creative solutions the teams have presented at the Challenge over the years demonstrate what a fabulous job Mark Stapp and his staff have done in preparing the students for careers in real estate development and investment,” Singerman said.

Registration is required for the event. Registration fee is $30 for non-members; students will be admitted free. Register here.

 

 




ARIMIA launches to transform the luxury home construction experience

Nataliya Palakanis

SCOTTSDALE, ARIZ. (April 8, 2025) – Nataliya Palakanis, a visionary in high-end residential construction, proudly announces the launch of ARIMIA, a premier project concierge firm specializing in luxury home construction and major renovations.

ARIMIA is dedicated to redefining the homebuilding experience for discerning clients through seamless coordination, expert management, and white-glove service from concept to completion.

Designed to meet the unique needs of high-net-worth individuals, ARIMIA offers stress-free project execution, personalized attention, and strategic oversight, allowing clients to focus on family and career.

“Building a luxury home should be an exciting, rewarding journey—not a stressful one,” said Palakanis. “ARIMIA bridges the gap between client aspirations and project execution, delivering seamless collaboration, expert management, and a concierge-level experience.”

With a commitment to excellence, ARIMIA ensures every project receives meticulous attention to detail, proactive problem-solving, and superior craftsmanship. Clients can trust Palakanis and her team to turn dream homes into timeless legacies.

As founder and principal of ARIMIA, Palakanis curates elite design-build teams, oversees project planning, and construction management with precision and care. She partners with top-tier professionals to deliver exceptional outcomes.

Before entering the residential construction industry, Palakanis spent eight years in the airline industry, traveling the world and engaging with a wide variety of clients from different backgrounds and cultures. This exposure gave her a deeper understanding of diverse needs, allowing her to offer personalized services at ARIMIA, delivering a high-touch, tailored experience that truly reflects each client’s unique personality and vision.

ARIMIA was built on the principle that every client building a luxury home deserves the best design-build team, strong communication, and a seamless execution process. From pre-construction consulting to full project management, ARIMIA ensures clients experience stress-free, high-quality craftsmanship with expert guidance at every step.

Previously, Palakanis served as Director of Business Development for Modern Business Development, where she led strategic initiatives to expand clients’ reach and foster key partnerships.

Beyond her professional life, Palakanis enjoys spending quality time with family and friends, relaxing at the beach, and savoring seafood and Mexican cuisine. She is passionate about giving back, actively volunteering with nonprofits including St. Vincent de Paul and the Leukemia & Lymphoma Society.

For more information about ARIMIA and its services, visit www.arimiapartners.com.




Tucson Commercial Lease Report – March 31 – April 4, 2025

TUCSON, AZ (April 7, 2025) — This week, Denisse Angulo-Badilla of Cushman & Wakefield | PICOR and Francisco Lopez with Expansion Bienes Raices, and Alba Balderrama with Next Bienes Raices, handled a new 53,819-square-foot industrial lease to Neptuno Cinco SA DE CV.

The following leases were reported to Real Estate Daily News from March 31 – April 4, 2025.

INDUSTRIAL – Aeropuerto de Guaymas, San Germán
NEPTUNO CINCO SA DE CV leased 53,819 square feet of industrial space at Carr. a Aeropuerto de Guaymas, Suite Carr. a Aeropuerto de Guaymas in San Germán, from Productos Terminados de Guaymas SA de CV. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, Francisco Lopez with Expansion Bienes Raices, and Alba Balderrama with Next Bienes Raices, represented the landlord.

RETAIL – MIDSTAR PLAZA, TUCSON, 85711 – East Submarket
Poppin-Off Creations LLC leased 4,025 square feet at Midstar Plaza, 4570 E. Broadway Blvd., David Carroll with Paul Ash Commercial Real Estate represented the Landlord and Andreas Castillo with Volk represented the Tenant.

INDUSTRIAL – MIDWAY BUSINESS PARK, TUCSON, 85712 – Northeast Submarket
618 Wesleyan Drive RP Company, LLC leased 2,400 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 43-44 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – PLAZA COLONIAL, TUCSON, 85718 – Northeast Submarket
Tonique MedSpa LLC leased 2,280 square feet at Plaza Colonial, 2870 E. Skyline Dr., John Yarborough with Paul Ash Commercial Real Estate represented the Landlord.

OFFICE – GRANT ROAD PROFESSIONAL PLAZA, TUCSON, 85712 – Northeast Submarket
Sonoran Hearing Care, LLC leased 1,792 square feet of office space at Grant Road Professional Plaza, 5977 E. Grant Rd., Suite 115 B in Tucson, from Double Z Grant Medical, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – JOESLER VILLAGE, TUCSON, 85718 – Northeast Submarket
Design Craft LLC leased 1,560 square feet at Joesler Village, 4425 N. Campbell Ave., David Carroll with Paul Ash Commercial Real Estate represented the Landlord.

RETAIL – ST. MARY’S PLAZA, TUCSON, 85745 – West Submarket
Total Wireless leased 1,300 square feet of retail space at St. Mary’s Plaza, 1505 W. Saint Mary’s Rd., in Tucson from Tucson St. Mary’s Plaza, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Tanya Tucker with Citywide Commercial, LLC, represented the tenant.

OFFICE – 4695 N ORACLE RD., TUCSON, 85705 – Central Submarket
Warfuel Kitchen leased 1,200 square feet at 4695 N. Oracle Road, #105,  from MTT Oracle,  LLC.  Robert Nolan of Oxford Realty Advisors represented the tenant and the landlord in this transaction.

RETAIL – BISBEE PLAZA, BISBEE, 85603 – Cochise County
Larsen Baker is pleased to announce that Vapes & Vibez has leased a 1,200-square-foot space at Bisbee Plaza, 1101 S Naco Hwy., Suite A-1, in Bisbee, AZ. Isaac Figueroa, CCIM, SIOR handled the transactions and represented the landlord.

RETAIL – LIBERTY PLAZA, TUCSON, 85714 – South Submarket
Natera, Inc. leased 1,125 square feet at Liberty Plaza, at 315 W. Irvington.  Ryan Shirley and Scott Soelter with NAI Horizon handled this transaction.

RENEWALS

RETAIL – 3923 N FLOWING WELLS RD., TUCSON, 85705 – Central Submarket
Bashas’ renewed its lease at 3923 N. Flowing Wells. David Carroll, with Paul Ash Commercial Real Estate, represented the landlord

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 – South Submarket
Tucson ADAS Calibration Center, LLC renewed its lease with Pegasus Tucson Owner LLC for 3,034 square feet of industrial space at South Dodge Business Center, 3631 E. 44th St., Suite 125 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 – South Submarket
Foster Plumbing renewed its lease with Pegasus Tucson Owner LLC for 2,552 square feet of industrial space at South Dodge Business Center, 3681 E. 44th St., in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – EXCHANGE PLACE, TUCSON, 85705 – Central Submarket
Vertex Painting, LLC renewed its lease with Pegasus Tucson Owner LLC for 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite 12 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 – South Submarket
Yellow Brick Coffee LLC renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3220 S. Dodge Blvd., Suite 1 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – RUTHRAUFF COMMERCE CENTER, TUCSON, 85705 – Central Submarket
POL, Ent LLC renewed its lease with Pegasus Tucson Owner LLC for 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 110 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE  – 7225 N MONA LISA, TUCSON, 85741 – Northwest Submarket
Spencer Construction renewed its lease at 7225 N. Mona Lisa. David Carroll & John Yarborough, with Paul Ash Commercial Real Estate, represented the landlord.

OFFICE – 7330 N ORACLE RD, TUCSON, 85704 – Northwest Submarket
Edward Jones renewed its lease at 7330 N. Oracle Rd. David Carroll & John Yarboroug,h with Paul Ash Commercial Real Estate, represented the landlord

Submit sales and leases to [email protected].