The US Sun Belt stretches from Phoenix, Arizona, to Florida, and up to Tennessee and the Carolinas. The Sun Belt States experienced the largest surge in population beginning in 2020, however, it is being to subside and even slightly decline by 0.1% in some areas over the past year. During the surge of population growth …
The Supply and Demand Paradigm Continues To Shift in the Sun Belt Read More »
LevRose is recognized as a firm who achieved the highest lease transaction volume in 2022. Every year costar identifies a select number of firms who closed the highest overall transaction volumes in commercial property leases within their perspective markets based on transaction data in CoStar’s commercial real estate database of all deals completed in 2022. …
LevRose is named a Top Dealmaker in Phoenix by CoStar Power Brokers Read More »
LevRose brokers facilitated deals in the second quarter of 2022 totaling $87.5 million and 780, 833 square feet in retail and office space, according to a news release. LevRose Commercial Real Estate is a market leader in the Phoenix metro area, helping clients with leasing, buying, selling and managing commercial properties. Commercial Property management is handled …
LevRose CRE Brokers facilitate deals across the Valley in September SCOTTSDALE, ARIZONA (September 2022) – LevRose CRE/TCN Worldwide brokers facilitated over 100,000 SF of CRE space over the month of September. Highlighting 3 sales and 2 leases between Scottsdale, Phoenix, and Tempe. The top transactions for September: Partners Zak Kottler, and Joe Cosgrove; and Senior …
LevRose CRE Brokers facilitate a wide variety of deals in August SCOTTSDALE, ARIZONA (August 2022) – LevRose CRE/TCN Worldwide brokers closed over 30 leases and a variety of sales in the month of August. Of the five notable deals from this month, LevRose CRE had 2 office deals, one land deal, one retail …
We are excited to announce that LevRose CRE has been recognized by INC. 5000! LevRose has made the list of the Inc. 5000 list of fastest-growing private companies for the 6th time! Our company would not be able to achieve all that we have, without the dedication of our team and the support from our …
Partner Keri Davies is acknowledged as one of the Most Influential Women of 2022 by AZ Big Media BACKGROUND: Keri Davies became a Partner at LevRose Commercial Real Estate in 2020 and has been part of the team for over eight years. Davies has completed 700-plus lease and sales transactions at Levrose, primarily office building …
Keri Davies Acknowledged as Most Influential Women 2022 Read More »
LevRose CRE Quarter 2 transactions totals $87.5M, 780,000 SF SCOTTSDALE, Ariz. (July 20, 2022) – LevRose CRE/TCN Worldwide brokers facilitated deals in Quarter 2, 2022 totaling $87.5 million and ±780, 833 SF. Retail and office assets dominated the transactions. Highlights from Quarter 2, 2022 Transactions: Partners Zak Kottler and Joe Cosgrove and Senior Advisor …
LevRose CRE brokers facilitate deals in July fetching over $2oM in sales, leasing 65,000 SF SCOTTSDALE, ARIZONA (August 11, 2022) – LevRose CRE/TCN Worldwide brokers signed 19 leases totaling 65,000 SF and closed sale transactions over $20 million in July. Five of the largest deals totaled almost $16 million for the sale of …
LevRose CRE brokers facilitate deals in June fetching more than 381,000 SF SCOTTSDALE, ARIZONA (July 12, 2022) – LevRose CRE/TCN Worldwide brokers closed deals in June totaling $24.298 million and 381,788 SF. Four of the largest deals included sales of two offices, a parcel of land, and a distribution condo totaling $11.4 million. Top deals …
SCOTTSDALE, ARIZONA – The Metro Phoenix commercial real estate market remained vibrant in 2021 for LevRose CRE professionals, whose top 5 sales deals alone fetched more than $69 million. “We were not only excited to see a diverse mix of our top sales and leases (office, retail, industrial and land), but we were thrilled to …
The Metro Phoenix commercial real estate market remained vibrant in 2021 for LevRose CRE professionals, whose top 5 sales deals alone fetched more than $69 million. “We were not only excited to see a diverse mix of our top sales and leases (office, retail, industrial and land), but we were thrilled to have so many different teams …
PHOENIX- The COVID-19 pandemic sent a majority of the workforce home and out of the office, but that doesn’t mean commercial real estate in Arizona took a hit. “The perceptions of a negative market are pretty over-exaggerated at this point,” Jon Rosenberg, co-founder of LevRose Commercial Real Estate, told KTAR News 92.3 FM. He adds that …
Commercial Real Estate Grows in Arizona Despite Hits From COVID-19 Pandemic Read More »
Shop Talk with Chief Walther – a City of Scottsdale Podcast (guest Jon Rosenberg) Our very own Jon Rosenberg joined Police Chief Jeff Walther for Shop Talk Episode 2. This City of Scottsdale podcast is now available for listening on Apple Podcasts, Spotify, Google Podcasts, and Amazon Podcasts. Special Guest: Jon Rosenberg, co-founder of LevRose Commercial …
Jon Rosenberg: Co-founder of Scottsdale Based LevRose Commercial Real Estate Read More »
Pictured Above: 7881 E Gray Rd, Scottsdale, Arizona | Represented by Kottler Cosgrove Team LevRose Commercial Real Estate/TCN Worldwide has released the top notable transactions for May of 2021: Zak Kottler, Joe Cosgrove, Hunter Chasse, and Aaron Cook of LevRose/TCN Worldwide represented both sides of the transaction for 7881 E Gray Rd in Scottsdale, …
Newly Released: Top Notable Transactions for May of 2021 Read More »
Scottsdale, Arizona (January 14, 2021) – JFQ Lending, a Scottsdale-based Mortgage Company, executed a long-term deal in Q4 2020 for their new 125,000-square-foot Corporate Headquarters located at 7720 N. Dobson Rd., Scottsdale, AZ 85256. Zak Kottler and Joe Cosgrove of LevRose Commercial Real Estate represented JFQ Lending in what was the largest new office …
Acquisition of 75-unit investment property brings growth to LevRose portfolio. Scottsdale, Arizona (December 21, 2020) – Scottsdale-based brokerage LevRose Commercial Real Estate is expanding its service offerings to include multifamily investment sales, and announced the closing of its first multifamily deal. Pueblo Springs Holdings LLC, an investment group based in Vancouver, Washington, bought the Pueblo …
Amazon.Com Inc. confirmed Wednesday that it plans to open 11 new sites in the Valley by the end of the year for fulfillment and delivery operations. The new sites include seven delivery stations and two additional facilities to support fulfillment, in Avondale, Chandler, Goodyear, Mesa, Phoenix and Tempe. The delivery stations will be located in: …
Amazon Confirms 11 New Metro Phoenix Sites Opening This Year Read More »
The Phoenix market has officially opened for business, with all retailers allowed to serve customers. While some retailers have decided to stay closed or offer only limited service by their own choice, most are completely open and actually seeing activity from consumers. While there are no specific laws or restrictions in terms of safety, most …
After a chaotic April of completing lease amendments, when May rolled around, more Phoenix tenants than expected were able to make rent, especially those that received PPP loans from the SBA. “We’ve had tenants who we made lease amendments for then get their PPP funds, and a number have called us and said, ‘tear up …
Valley landlord: PPP loans led to more companies making May rent than expected Read More »
Office tenant demand has started to rebound in Phoenix. Lease transactions abruptly stopped in March, with tenants either placing existing negotiations on hold or calling off the search for a new space. While activity has nowhere near rebounded to pre-coronavirus levels, some tenants are starting to re-enter the market or revive existing lease transactions. While …
Office Tenant Demand Has Slowly Returned in Phoenix Read More »
No matter what industry you are in, you’re most likely feeling the effects of the coronavirus pandemic. Real estate is no different. The uncertainty is making a lot of buyers think twice before signing on the dotted line for their new office, retail location, warehouse, etc. However, local commercial real estate firm LevRose is advising its …
Should Real Estate Buyers Move Forward During COVID-19? Read More »
The pandemic has sent a shock through the real estate markets, and many buyers have canceled or delayed current deals to wait out the new market. Jon Rosenberg of Levrose Commercial Real Estate, however, is encouraging owner-user buyers specifically not to hesitate and to close current deals. Owner-users have different needs and requirements than investment buyers, and securing …
Why This Broker is Telling Owner-User Buyers to Close Read More »
Real estate transactions such as leases and building sales have slowed but not halted in the wake of sweeping business closures due to the novel coronavirus, according to a commercial real estate expert. Jon Rosenberg, designated broker and managing partner of Scottsdale-based LevRose Commercial Real Estate, said he has seen clients put lease discussions on …
Scottsdale broker: Real estate transactions down, not stopped in wake of coronavirus Read More »
LevRose Commercial Real Estate, a leading Scottsdale based commercial real estate brokerage closed the sale of a multi-tenant office/flex building in Scottsdale, Arizona for $3,350,000. Located at 15207 N. 75th St., the sale was facilitated by Jason Reddington and Keri Davies of LevRose Commercial Real Estate. The property was sold to Airpark Office 75, LLC. Reddington …
Scottsdale, Arizona – LevRose Commercial Real Estate, a leading Scottsdale based commercial real estate brokerage closed the sale of a multi-tenant office building in Scottsdale, Arizona for $1,800,000. Located at 8723 E. Via de Commercio, the sale was facilitated by Keri Davies and Jason Reddington of LevRose Commercial Real Estate. The property was sold to Everrich, …
Scottsdale-based CRE Firm Hires CBRE Veteran to Specialize in Landlord and Tenant Representation for Office Properties in the Greater Phoenix Area Scottsdale, Ariz. – LevRose Commercial Real Estate, one of the Valley’s leading commercial real estate firms, recently added CBRE veteran Nate Goldfarb as a Senior Vice President to its growing team. Goldfarb will specialize in …
LevRose Commercial Real Estate Welcomes Nate Goldfarb as Senior Vice President Read More »
H. Ross Ford, President and CEO of TCN Worldwide, has announced the appointment of Jon Rosenberg, Designated Broker, Managing Partner and Co-Founder of Levrose Real Estate/TCN Worldwide in Scottsdale, to the TCN Worldwide Board of Directors. Mr. Rosenberg will be taking over for David Wallach of Barclay Street Real Estate/TCN Worldwide in Calgary, who was …
TCN Worldwide Appoints Jon Rosenberg to Board of Directors Read More »
Surprise, Ariz. – LevRose Commercial Real Estate, a leading Scottsdale based commercial real estate brokerage closed the sale of a multi-tenant retail center in Surprise, Arizona for $2.6 million. Located at 12100 N. Dysart Road, the sale was facilitated by Mark Cassell and Trenton McCullough of LevRose Commercial Real Estate. The property was sold to …
Levrose Commercial Real Estate Closes Multi-Million Dollar Property Read More »
Submarine Sandwich Chain Enters into Lease of 1,418 Square-Foot Restaurant Space on Scottsdale Road SCOTTSDALE, ARIZ. – LevRose Commercial Real Estate, a leading Arizona-based commercial real estate brokerage firm, announced recently that Jersey Mike’s leased a 1,418 square-foot space in Old Town Scottsdale at 4020 N. Scottsdale Road. LevRose Commercial Real Estate’s Danielle Davis represented the …
LevRose Commercial Real Estate Leases Space to Jersey Mike’s in Old Town Scottsdale Read More »
A full-service lease is a lease that has one, all-inclusive rental rate which includes both the base lease rate and the operating expenses combined into one figure.
A modified gross lease is a lease where the tenant pays base rent at the lease’s inception, but it takes on a proportional share of some of the other costs associated with the property as well, such as property taxes, utilities, insurance, and maintenance.
A triple net lease is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
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