Scottsdale, Arizona —  Todd DeHaven has been named vice president of operations for Ross Brown Partners, Inc.  DeHaven brings extensive experience in transformational business leadership involving strategy, collaboration and technological advancement.

“Todd ‘s incredible track record developing innovative programs impressed us from the start,” says Curtis Brown, founding principal with Ross Brown Partners.  “The commercial real estate industry is undergoing a technological transformation that promises to bring incredible benefits to our clients.  Todd’s expertise, creativity and energy will help lead our company forward in a multitude of ways, ranging from digital marketing to business development and workplace collaboration.”

As vice president of operations, DeHaven will oversee the strategic vision for Ross Brown Partners.  He will work both internally and externally on modernization and productivity efforts.  His scope of responsibility includes business development, marketing, office and brokerage staff management.  DeHaven will utilize his knowledge of current technologies and business processes to ensure continuous advancement for the company in the fields of business process technologies, business growth and customer satisfaction.

DeHaven began his work with Ross Brown Partners as an outside consultant.  He most recently was founder and chief innovation officer of Digital Transformation – Business Development.  Prior to forming his own company, DeHaven was a Business Operations Manager: Enterprise Strategy & Collaboration Solutions Architect with Cisco Systems.  In addition, he previously served as a Social Business Enterprise Collaboration Strategist: Global Sales Organization with Hewlett-Packard.

TUCSON, ARIZONA — ADP building located in Williams Centre, 5452 East Williams Boulevard, traded to Allegretti & Company, Inc., out of Chatsworth, California for $11.025 million ($222.53 PSF). The class-A office building is 100% occupied by Automatic Data Processing (ADP).

Allegretti & Company (Joe Allegretti, President) was in a 1031 exchange.

Built in 2001, the ±49,543-square-foot building was sold by Pacific Service Company, Inc. and WCCP Williams Tech, LLC.

ADP, or Automatic Data Processing Inc., was founded in 1949 and is based in Roseland, New Jersey. The company is one of the biggest global providers of payroll and related human-resources management software and services.

ADP completely renovated the two-story building at Williams Centre, to accommodate its expansion two years ago. Phil Skillings of NAI Horizon’s Phoenix office represented the tenant.

Andrew Fosberg of CBRE’s Phoenix office and Nancy McCLure of CBRE’s Tucson office represented the seller in the transaction. Phil Skillings of NAI Horizon’s Phoenix office represented the tenant.

For more information, Fosberg can be reached at 602.735.1723 and McClure is at 520.323.5117.

To learn more, see RED Comp #6514.

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Phoenix, Arizona – Shopping Centers is another area of commercial real estate that SVN Desert Commercial Advisors covers.  Director of Retail Leasing & Sales Investments, Rommie Mojahed and Senior Advisor Beau Flahart represented the shopping center owner in the transaction.  The property sold for $6.9 million ($92.48 PSF) to a local investor.

The SVN advisors originally sold this same property to the seller in 2015 with a short-term lease left with the anchor and a vacant 12,000/PSF PAD building that was a former Chuck E Cheese.  There was a ±10,000 square feet of vacant shop space as well that made this an appealing value add opportunity for the buyer.  After the buyer closed, he renewed Food City’s lease 10 years and SVN advisors were once again hired as the advisors to list the property.  After about 24 months the property was 100% leased which maximized the NOI making this an opportune time to dispose. We sold the PAD building to an owner/user in 2018 that lowered the owner’s basis. Now left with a 100% occupied center, we were able to sell this property to a local investor who saw this as a long-term hold.

“Persistence paid off,” said Beau Flahart.  “We have been fortunate to assist them in several acquisitions and dispositions.”   Long-time client, CVPRE has trusted Mojahed and Flahart to handle all of the leasing on their properties as well.  The 74,604-square-foot property is located at 810-848 S. Alma School Road in Mesa, AZ.  The buyer, Alex Holding LLC & Sunnyslope LLC, are local investors.