Iconic Real Estate School Enters into Lease of 14,000 Square-Foot Office Space with Riverwalk at Talking Stick

SCOTTSDALE, Arizona – LevRose Commercial Real Estate, a leading Arizona-based commercial real estate brokerage and management company, announced recently that Arizona School of Real Estate & Business leased 14,889-square-feet of office space at Riverwalk at Talking Stick.

LevRose Commercial Real Estate’s Keri Davies and Jon Rosenberg represented the tenant, Arizona School of Real Estate & Business, during the lease negotiations. Kurt Rosene of Novo Development represented The Alter Group, the Riverwalk at Talking Stick landlord,

“Although part of what made the Arizona School of Real Estate & Business iconic was its Scottsdale location, this move to a progressive new location marks a new era in its history,” said Jon Rosenberg, co-founder and managing partner of LevRose Commercial Real Estate. “We are honored to represent this school and help negotiate the deal at its new home. Arizona School of Real Estate & Business will enjoy upgraded and efficient space with highway visibility and ample parking.”

Riverwalk at Talking Stick is located at 7350 N. Dobson Road, Scottsdale, AZ and is adjacent to Top Golf and just east of the Talking Stick Resort Casino.

With an expertise in both office and retail tenant and landlord representation, sales transactions and property management, LevRose Commercial Real Estate has been serving the Valley since 1992. Locally owned LevRose is affiliated with TCN Worldwide, a consortium of independent commercial real estate firms providing complete real estate solutions locally, nationally and internationally.

For more information, please visit www.LevRose.com or call 480.947.0600.

SCOTTSDALE– Stephen Hulston has joined NOVO Development of Scottsdale Arizona and will oversee the company’s cost estimating, pre-construction and development activities.

Hulston brings almost three decades of construction experience to NOVO having most recently served as Vice President/Business Unit Leader for Balfour Beatty Construction. He managed Arizona operations for the construction company, including all financial, design, construction and human resources functions.  Hulston was an executive with Howard S. Wright Construction, which was acquired by Balfour Beatty in 2011.  During his tenure, Hulston has overseen more than $1 billion in construction projects in Arizona.

“The addition of Stephen provides an unbelievable opportunity for NOVO to advance our goals in the development arena,” said Kurt Rosene, founder of NOVO.  “Stephen’s tremendous knowledge base and experience in the construction industry, as well as his impressive relationships in the field, will help us realize the company’s development plans.  We are fortunate to have attracted someone of his caliber.”

NOVO Development, LLC is a commercial real estate development company headquartered at Gainey Ranch Financial Center.  The company develops a wide variety of commercial real estate projects ranging from office and industrial to multi-family.  The company, while headquartered in Metro Phoenix, pursues projects throughout the nation.  If you would like to learn more about NOVO Development, call (480) 275-7650.

PHOENIX, AZ – Kurt Rosene, head of NOVO Development, was honored with the Award of Excellence at the 2014 Best of NAIOP event at the Arizona Biltmore.

Prior to helping found NOVO, Rosene directed land property development throughout North America for The Alter Group. While with Alter, Rosene oversaw more than 5 million square feet of real estate in the Southwestern U.S. and directed build-to-suit and property development activities as well. In addition, he was responsible for business development and the coordination of real estate services for Fortune 500 blue-chip corporate clients throughout the U.S.

NAIOP Arizona’s Award of Excellence, formerly the Lifetime Achievement Award, is awarded by the Arizona Chapter Board of Directors on an annual basis at the Best of NAIOP event.  The criteria for the recipient is an individual who has made a significant, positive impact on the office and industrial commercial real estate market in Arizona over a period of no less than 15 years, as well as their direct volunteer contribution to the chapter.

The Freeport-McMoRan condo acquisition won the Talk of the Town Award. In November 2014, American Realty Capital Properties purchased the Class A office condominium under lease by Freeport-McMoRan Copper & Gold. Negotiations included working with the city of Phoenix. The selling price was $110 million.

The event, organized by NAIOP Arizona, was attended by more than 900 commercial real estate professionals.

2014 Best of NAIOP Arizona winners:

NAIOP has a 15,000+ member organization in North America, advocates responsible commercial real estate development and advocates for effective public policy. It is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP provides unparalleled industry networking and education, and advocates for effective legislation on behalf of our members.