Keith Lambeth Rejoins Cushman & Wakefield from Colliers

(l to r) Keith Lambeth, Liz Collins, and Patrick Schrimsher

Jerry Noble and Greg Mayer Adding to Team Roster

PHOENIX, Arizona – Cushman & Wakefield announced that Keith Lambeth has rejoined the firm’s Phoenix office group as Executive Managing Director.

Lambeth was most recently with Colliers International and was previously with CB Richard Ellis and Cushman & Wakefield. Bringing over 30 years of experience in commercial real estate, he will be partnering with Senior Directors Jerry Noble and Greg Mayer. Liz Collins also recently joined the team from JLL and Patrick Schrimsher was brought on earlier this year from Cushman & Wakefield’s research department.

Liz Collins

“Our Phoenix office continues to grow with the best talent in the industry,” said Bryon Carney, Market Leader for Cushman & Wakefield. “Keith, Liz and Patrick have a wide-range of experience who will provide the right solutions for the team and the team’s clients – they are an outstanding addition.”

As Executive Managing Director, Lambeth specializes in land acquisitions, build-to-suits and investment acquisitions and dispositions. “It’s a privilege to join Cushman & Wakefield and team up with Jerry and Greg. Working alongside them, I know I am part of a firm and team whose focus is on the client and provides best-in-class services,” said Lambeth.

Patrick Schrimsher

Associate, Schrimsher is involved in the leasing and marketing of the team’s listings, including lease transactions and lease analysis. He is also tracking tenant activity and market trends using his extensive research background. As the team’s Brokerage & Marketing Coordinator, Collins will focus on supporting the team and clients. She will assist in leasing and sales transactions, as well as all marketing materials, projects and new business development activities.

“We are excited to see our team grow. Each of these individuals’ previous roles and experience in the industry complements our team, resources and relationships. Together, we’re well positioned to help our clients navigate the sale and leasing of office properties throughout the Metro Phoenix area,” said Noble.




Menlo Equities Purchases Thistle Landing Office Park in Phoenix

Thistle Landing aerialPHOENIX, AZ – Cushman & Wakefield, a global leader in commercial real estate services, announced today that an affiliate of Menlo Equities LLC purchased the remaining three buildings of the Thistle Landing office park located at 4801, 4805 and 4811 E. Thistle Landing Drive, Phoenix.

Chris Toci, Chad Littell, Jerry Noble, Pat Devine and Greg Mayer of Cushman & Wakefield represented the seller, Torchlight Investors LLC of New York, in the disposition. No outside broker was involved.

Thistle Landing includes four single-story, Class A office buildings built in 1998. The three-building acquisition totaled 282,503 square feet. Separately, the buildings are 101,006-square-feet (4801 E. Thistle Landing); 90,944-square-feet (4805); and 90,553-square-feet (4811).

“Thistle Landing is ideally located in the explosive growth corridor of the Southeast Valley,” Toci said. “High-paying employment opportunities in the technology and medical fields are luring well-educated workers to the area to avoid congested freeway commutes.”

Menlo Equities, based in Palo Alto, CA, now owns the entire 383,509-square-foot Thistle Landing Office Park, located at 48th Street and Ray Road. It features an abundant 6/1000 parking ratio. The property is 100% leased to investment-grade and blue chip tenants Fiserv Inc., United Healthcare, DISH Network and OptumRx.

The successful merger of Cushman & Wakefield and DTZ closed September 1, 2015. The firm now operates under the iconic Cushman & Wakefield brand and has a new visual identity and logo that position the firm for the future and reflect its trusted global legacy and wider history. The new Cushman & Wakefield is led by Chairman & Chief Executive Officer Brett White and Global President Tod Lickerman. The company is majority owned by an investor group led by TPG, PAG, and OTPP.

 




Corner Bakery Added to Menu at Tempe Gateway

Corner Bakery
Corner Bakery at Tempe Gateway, 222 S Mill Ave, Tempe, AZ

TEMPE, AZ – Cushman & Wakefield of Arizona is delivering a new Corner Bakery to Tempe Gateway, 222 S. Mill Avenue.

The 4,777-square-foot café/deli/bakery joins tenants that include Limelight Networks, Allstate, Waste Management, and Amazon at Tempe Gateway, which is now 99 percent occupied.

Summer Jackson of C&W’s retail group represented the landlord, Parkway Properties Inc., in the long-term lease transaction. Richard Francis of HeinzRich Companies LLC represented the tenant.

“We are very excited to announce the addition of Corner Bakery,” said Jackson, Associate Director at Cushman & Wakefield. “They will be an excellent amenity to the project and surrounding office complexes.”

Corner Bakery will occupy the northern end-cap of the retail space that fronts Mill Avenue. Plans call for a large patio to the north and east sides of the space. Corner Bakery offers freshly baked breads, a breakfast menu, homemade soups, pasta, salads, sandwiches as well as coffee and espresso.

Cushman & Wakefield has two additional retail spaces for lease at Tempe Gateway, 1,614 SF and 1,805 SF. Jerry Noble, Greg Mayer and Patrick Devine of C&W’s office group represent the landlord in leasing the office space at the property. Occupancy date of Corner Bakery is Oct. 1.