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The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. ELMIVIST.INDD [2] MAR 26, 2013
3020 East Camelback Road, Suite 215Phoenix, Arizona 85016Phone: 602-957-9800 Fax: 602-957-0889www.phoenixcommercialadvisors.com
PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S
SHOPS & PADS AVAILABLENEW VISTANCIA RETAIL CENTERS
Lance Umble 602-734-7206 [email protected]
Torrey Briegel602-734-7219
Delivery: NEC: Immediate NWC: Immediate Area Population: Although there is no guarantee, based on absorption information provided by the housing developer and assuming this absorption continues with approximately 2.85 persons per household, the estimated population of the community of Vistancia is 11,000 to 12,000 persons.
Comments: Vistancia has been recognized consecutively by RCLCO since sales began in 2004. Two new retail centers in the 7,100 acre Vistancia Master Planned Community. These are the first retail centers currently planned for this community, which has been entitled for 17,500 housing units. Shea Properties will control and develop all the retail within the masterplan, which will also service the communities of:
Tierra Del Rio: 1,800 units Saddleback Heights: 6,000 unitsColdwater Ranch: 590 units Lake Pleasant Heights: 2,000 unitsRancho Cabrillo: 2,000 units
Property Size: ±130,000 square feet(Three Corners)
Rate: $18.00/SF
Join the following tenants at the intersection:
www.phoenixcommercialadvisors.com/listings/info/elmivist.htm
ElMirageRd&VistanciaBlvd•Peoria,Arizona
2012 TOP 30 IN HOME SALES AMONG US MASTER PLANS
The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. ELMIVIST.INDD [2] MAR 26, 2013
PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S
Site Plan (not to scale)EL MIRAGE ROAD & VISTANCIA BOULEVARDPEORIA, ARIZONA
New Vistancia Retail CentersSHOPS AND PADS AVAILABLE
For further information,please contact:
Torrey Briegel602-734-7219
Lance Umble 602-734-7206
The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. ELMIVIST.INDD [2] MAR 26, 2013
PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S
Site Plan (not to scale)EL MIRAGE ROAD & VISTANCIA BOULEVARDPEORIA, ARIZONA
New Vistancia Retail CentersSHOPS AND PADS AVAILABLE
For further information,please contact:
Torrey Briegel602-734-7219
Lance Umble 602-734-7206
The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. ELMIVIST.INDD [2] FEB 28, 2013
PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S
Site Plan (not to scale)EL MIRAGE ROAD & VISTANCIA BOULEVARDPEORIA, ARIZONA
New Vistancia Retail CentersSHOPS AND PADS AVAILABLE
Torrey Briegel602-734-7219
Lance Umble 602-734-7206
For further information,please contact:
The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. ELMIVIST.INDD [2] FEB 28, 2013
PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S
PhotosEL MIRAGE ROAD & VISTANCIA BOULEVARDPEORIA, ARIZONA
New Vistancia Retail CentersSHOPS AND PADS AVAILABLE
For further information,please contact:
Torrey Briegel602-734-7219
Lance Umble 602-734-7206
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John Burns Real Estate ConsultingCommunity Building Market Intelligence™
Source: http://realestateconsulting.com/content/CBMI-201103
March 14, 2011
For years, our research has shown that the majority of consumers prefer masterplans over subdivisions, and 2010 was no different. The following is our ranking of the top selling masterplans in 2010:
John Burns Real Estate Consulting Community Building Market Intelligence™ March 14, 2011
2010 Best Selling Masterplans
For years, our research has shown that the majority of consumers prefer masterplans over subdivisions, and 2010 was no different. The following is our ranking of the top selling masterplans in 2010:
Click on table to enlarge
Our Consulting team has been active across the nation analyzing these communities and their competitors, and we will define 10 lessons learned from these communities in a series of reports over the next several weeks.
Master-Planned communities are large scale developments that typically include a wide array of real estate product, diverse amenities and multiple commercial uses (such as offices, shopping centers and hotels). The concept is that a “place” can be created where different lifestyle options are offered and a central environment is established. Starting with such trend setters as Columbia in Maryland, The Woodlands in Texas and Mission Viejo and Irvine in California in the 1970s, and followed by The Villages in Florida and Valencia in northern Los Angeles County in the 1980s, masterplans defined a clear path to establishing value and creating a magnet for the home buying public. Masterplans have became synonymous with great schools, expansive parks, safer investments, and recreational opportunities that command a 6-10% price premium over the competition.
Lesson #1: Watching the Balance Sheet: During economic downturns, the masterplans with little debt and plenty of cash in the bank usually outsell the competition dramatically as they are the most desirable places to live and consumers have more confidence in their investment. The masterplans with a lot of debt or who just finished spending all their cash on infrastructure and amenities fail. The following 20 masterplans are the success stories of this cycle. I welcome the opportunity to discuss any or all of these with you.
Tim SullivanPrincipal
Follow us on Twitter: twitter.com/jbrec
Page 1 of 32010 Best Selling Masterplans
3/17/2011http://campaign.r20.constantcontact.com/render?llr=t6qceacab&v=001NbQR3PfROKmzPzTs7FP...
2010 Best Selling Masterplans
Our Consulting team has been active across the nation analyzing these communities and their competitors, and we will define 10 lessons learned from these communities in a series of reports over the next several weeks.
Master-Planned communities are large scale developments that typically include a wide array of real estate product, diverse ame-nities and multiple commercial uses (such as offices, shopping centers and hotels). The concept is that a “place” can be created where different lifestyle options are offered and a central environment is established. Starting with such trend setters as Columbia in Maryland, The Woodlands in Texas and Mission Viejo and Irvine in California in the 1970s, and followed by The Villages in Florida and Valencia in northern Los Angeles County in the 1980s, masterplans defined a clear path to establishing value and creating a magnet for the home buying public. Masterplans have became synonymous with great schools, expansive parks, safer investments, and recreational opportunities that command a 6-10% price premium over the competition.
John Burns Real Estate ConsultingCommunity Building Market Intelligence™
Source: http://realestateconsulting.com/content/CBMI-201103
March 14, 2011
Lesson #1: Watching the Balance Sheet: During economic downturns, the masterplans with little debt and plenty of cash in the bank usually outsell the competition dramatically as they are the most desirable places to live and consumers have more confi-dence in their investment. The masterplans with a lot of debt or who just finished spending all their cash on infrastructure and amenities fail. The following 20 masterplans are the success stories of this cycle. I welcome the opportunity to discuss any or all of these with you.
RL BROWN REPORTS - HOME BUILDERS MARKETING, INC.
Home Builders Marketing, Inc. www. rlbrownreports.com November 2009 Copyright 2009, RL Brown Reports
Population demographic data for the defined area The population and income demographic data has been prepared specifically fir this analysis by ABC Demographics, and independent demographic consulting firm.
POPULATION TREND REPORT 11-06-2009
BY ABC DEMOGRAPHIC CONSULTANTS, INC. 602 678-4186
PREPARED FOR
HOME BUILDERS MARKETING
RIDGELINE & VISTANCIA SITE: 0069603
PEORIA, AZ
------------------------------------------------------------------------
2.5 MILE RADIUS
1990 2000 2009 2014
DESCRIPTION CENSUS CENSUS ESTIMATE PROJECTION
------------------------------------------------------------------------
POPULATION 39 96 10402 14300
HOUSEHOLDS 14 41 3479 4735
POPULATION BY RACE 39 96 10402 14300
WHITE (NON-HISP) 76.55% 81.47% 84.67% 81.83%
BLACK (NON-HISP) 0.25% 0.55% 1.87% 2.33%
HISPANIC 21.23% 15.84% 7.69% 8.72%
OTHER (NON-HISP) 1.97% 2.14% 5.77% 7.12%
HOUSEHOLDS BY INCOME 14 41 3479 4735
$250,000 OR MORE 0.09% 1.00% 3.02% 4.94%
$150,000 TO $249,999 0.49% 1.99% 13.90% 20.62%
$100,000 TO $149,999 2.46% 6.26% 30.88% 30.62%
$ 75,000 TO $99,999 1.29% 8.05% 18.95% 15.35%
$ 50,000 TO $74,999 8.30% 17.70% 14.94% 12.88%
$ 35,000 TO $49,999 19.73% 22.63% 7.50% 6.77%
$ 25,000 TO $34,999 15.94% 15.65% 4.87% 3.53%
$ 15,000 TO $24,999 18.57% 13.52% 2.66% 2.36%
UNDER $14,999 33.13% 13.20% 3.28% 2.93%
AVERAGE INCOME $29,565 $50,479 $107,102 $123,402
MEDIAN INCOME $24,059 $39,254 $97,957 $110,650
PER CAPITA INCOME $10,782 $21,573 $34,024 $37,782
POPULATION BY SEX 39 96 10402 14300
MALE 50.16% 49.15% 50.52% 50.31%
FEMALE 49.84% 50.85% 49.48% 49.69%
POPULATION BY AGE 39 96 10402 14300
UNDER 5 YEARS 6.93% 4.06% 8.08% 7.91%
5 TO 9 YEARS 7.99% 5.13% 7.77% 7.75%
10 TO 14 YEARS 7.32% 5.39% 7.81% 7.55%
15 TO 19 YEARS 6.65% 4.80% 8.69% 8.50%
20 TO 24 YEARS 4.20% 2.60% 5.04% 5.74%
25 TO 34 YEARS 11.83% 6.30% 10.57% 11.09%
35 TO 44 YEARS 12.70% 9.47% 16.00% 12.35%
RL BROWN REPORTS - HOME BUILDERS MARKETING, INC.
Home Builders Marketing, Inc. www. rlbrownreports.com November 2009 Copyright 2009, RL Brown Reports
45 TO 54 YEARS 11.83% 9.92% 16.12% 16.29%
55 TO 59 YEARS 5.59% 7.11% 6.40% 6.77%
60 TO 64 YEARS 6.02% 9.96% 5.02% 5.89%
65 TO 74 YEARS 12.48% 23.52% 5.40% 6.93%
75 +YEARS 6.46% 11.74% 3.10% 3.23%
MEDIAN AGE 38.90 56.60 37.18 36.65
AVERAGE AGE 39.30 50.16 35.59 36.38
*POP AND HH ARE BASED ON 2000 CENSUS (POP. & HH CTNS. AS OF 9/09)
by Catherine Reagor Arizona Republic 02/24/2013, Page D11
Builders rushed to close land deals across metro Phoenix at the end of 2012, anticipating rising new home buyer demand this year. Though new-home permits and closing dipped in Decem ber, both climbed in January.
There were 902 single family- home permits issued last month, a 49 percent jump from January 2012, according to RL Brown Reports’ latest Phoenix Housing Market Letter .
Permits were hovering around 1,000 a month last spring and summer, but slowed toward the end of the year as builders ran out of lots in some popular areas in the southeast Valley.
New-home sales in the region reached 847 in January, a 65 percent increase from the same month a year ago.
As demand for new houses climbs, so do prices. The me dian price of a new metro Phoenix house reached $253,000 last month, an 18 per cent annual increase.
Bridge to development
Construction has started on the bridge over the Central Arizona Project canal that will connect Peoria’s Vistancia community to another 3,450 acres. About 3,500 homes are planned for the community’s expansion, along with recrea tion centers, commercial de velopment, parks, schools and a 900-acre mountain preserve. Vistancia developer Stratford Land is donating the preserve land to the city of Peoria. Sun belt Holdings is co-manager of the development.
The $5.5 million bridge will initially have four lanes and later is projected to be ex panded to six lanes.
Until April 30, the private, gated-golf community Black stone at Vistancia is waiving costs for design review and country-club memberships for six months, if a buyer pur chases a custom lot. The perks are valued at $6,530.
Custom homes in Black stone must be at least 3,500 square feet. Plans call for 500 homes in the 590-acre community. Lot prices in Blackstone start at $90,000.
New-Home Permits Increased in January
Page D112/24/13