News Items

08-08 Slowing Economy Sifts Sands Under Investment Market
There are still real estate investment opportunities in Albuquerque, but projects are harder to finance. Banks want more cash and preleasing in the deal, and are more way than ever about speculative building. Investment brokers who had what would normally be done deals on the table are seeing projects disappear before closing on them.
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08-08 Surprise Shopping Center Gains Inspiration from Bellagio
A new shopping center in Surprise will host a water feature that uses the same technology as the dancing water show at the Bellagio Hotel and Casino in Las Vegas and the Olympic Park fountain in Beijing.
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08-08 AZRE 1000 People To Know
Gary Arnold Named AZRE 1000 People to Know in Commercial Real Estate
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07-08 Fountain Designer Has Olympic Pedigree
The designer of an elaborate water fountain to be displayed at the 2008 Olympics in Beijing is also the company behind a laser-light water unit set to become the visual centerpiece of a Surprise retail center.
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05-08 New Shopping Center to Set Sail in Surprise
When Surprise city officials signed off on plans for a new shopping center near their northeastern border, they hoped the upscale strip mall would serve as n alluring gateway to the blossoming municipality. What they're getting however, is more akin to a port of call.
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02-08 Upscale Surprise Development On Track For Fall Opening
Bell Mar, a mixed-use development at Bell Road and Avenue of the Arts in Surprise, is moving at a brisk pace towards it scheduled opening this fall.
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02-08 Big Deals Have Brokerage Houses Off To Fast Start
More Than Three Coins.... The water feature at Bell Mar, the upscale boutique retail center that broke ground in Surprise in mid-February, will be much more than a conventionl fountain- and its should, at a cost of $1 million.
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02-08 Bell Mar Includes Upscale Dining, Shopping
Esterra Development's Bell Mar plaza going up near Bell Road and Avenue of the Arts will bring 72,000 square feet of commercial and office space to the area near West Valley Art Museum.
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02-08 Gary Arnold - founder, Esterra Development
In 2000, Gary Arnold decided to sell his technology development company to take on something he beleived was more compatible with his life.
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01-08 Developers Find Opportunity in Ethnic, Green Projects
Some commercial real estate experts expect retail vacancies in Phoenix to increase significantly this year.
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01-08 AZRE Magazine - Jan./Feb. 2008
Bell Mar project profile featured in AZRE
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11-07 1000 People to Know in Commercial Real Estate
Gary Arnold, founder of Esterra Development, has been nominated for the list of 1000 People to Know in commercial real estate.
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08-07 Bell Mar Shopping Plaza to Announce Future Tenants
Developers of the Bell Mar Neighborhood Shopping Plaza at Bell Road and 114th Avenue are about a month away from announcing tenants.
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02-07 Work Begins on Upscale Development in Surprise
A noticeable complex of upscale shopping boutiques interlaced with white-tablecloth restaurants will go up at Surprise's easternmost entry point by next year.
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