Commercial Executive Magazine: Women in Power Issue Bobbie Lorraine Mastracci, president and designated broker, and her team at Phoenix West Commercial has taken the West Valley by storm since 2012. The commercial real estate brokerage, located in Goodyear, specializes in retail, office, medical, industrial, farms, vacant land, investment properties and commercial leasing. Mastracci provides CEM with recent industrial insights and how they are seeing big demand for medical services particularly in Buckeye, the fastest growing city in America. … Click here to read the full article
When asked to describe their relationship or experience with the West Valley in one word, Phoenix West Commercial professionals responded with the following: love, heritage, responsive. “We are excited to be a part of this community and work with the people here; it’s what we love to do,” said Bobbie Mastracci, CCIM, SIOR, Designated Broker/Principal of Phoenix West Commercial. Bobbie and two of her brokers, Brandy Braveboy and Sandy Griggs, took part in an event sponsored by WESTMARC, the “West Valley Open for Business Virtual Tour.” WESTMARC, the Western Maricopa Coalition, is a public/private partnership of the 15 communities, business community and educational sector in the West Valley. Phoenix West Commercial showcased The Fields at Verrado in the City of Buckeye. Located in the DMB development of Verrado at 4162 and 4175 N. Pioneer Dr., The Fields at Verrado brings much-needed professional space – primarily for the healthcare sector [...]
Thanks to a partnership between the Department of Defense Skill-Bridge program and Phoenix West Commercial, U.S. Air Force veteran Brandy Braveboy has a new opportunity as a commercial real estate agent. A native of Tempe, Braveboy spent 20 years in the military with more than eight years of service overseas. Her interest in commercial real estate was piqued during a flight home to visit family when she caught a glimpse of the view over Tempe Town Lake. “A long time ago, Tempe Town Lake was a run-down area,” she recalled. “Now it’s an amazing area of the Valley with so many community features. There was even a magazine in my airplane with an article on how Tempe Town Lake is now an attractive submarket for commercial development. I hardly recognized it,” Braveboy said. ... Click here to read the full press release
Phoenix West closed 39 transactions in the first two quarters of 2020, totaling almost $6 million. Sales transactions totaled $2.3 million, and leases totaled $5.8 million. It was the company’s best quarter—ever. ... Click here to read the full press release
The West Valley continues to be a commercial real estate hotbed as Phoenix West Commercial professionals closed 39 transactions in the first two quarters of 2020, totaling $8.1 million. Sales transactions totaled $2.3 million and total aggregate leases totaled $5.8 million as Phoenix West Commercial enjoyed its best first quarter ever. Phoenix West Commercial also announced it moved into a new office at 700 N. Estrella Parkway, Suite 205, in Goodyear. ... Click here to read the full press release
In May, Gov. Doug Ducey announced the company's plans to come to Arizona, but did not identify the site for the $12 billion plant. Landing the factory is another big boost for the Valley's silicon chip manufacturing sector.
After hitting a decade low during the second quarter of 2020, leasing activity for retail spaces in Phoenix started to increase in the second half of the year. Here are some of the big third quarter leases and what experts expect will play out through the rest of the year.