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News & Events2020-01-15T07:15:55-07:00

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Phoenix West Commercial represents tenant in long-term lease at well-positioned Phoenix Camelback Corridor office, Anchor Centre East

GOODYEAR, ARIZ. (Jan. 10, 2023) – Phoenix West Commercial represented the tenant, a full-service financial firm, in a long-term lease at Anchor Centre East in the well-positioned Camelback Corridor in Phoenix. Phoenix West Commercial (PWC) Vice President | Principal ELi Mastracci, CCIM, represented First International Bank & Trust, which already leases space on the first and third floors of the office complex at 2231 E. Camelback Road. The lease is for the first-floor space of 7,959 SF. First International Bank & Trust, a full-service, family-owned, community bank offering a wide range of financial services, is headquartered in Watford, North Dakota. It has offices in North Dakota, South Dakota, Minnesota, and Arizona. Click here to view the full article

More than 50% of the growth in Maricopa County over the next 25 years will occur in the West Valley

More than 50% of the growth in Maricopa County over the next 25 years will occur in the West Valley, including here in #GoodyearAZ! With that in mind, West Valley leaders have been working toward a regional workforce strategy. #LiveWestWorkWest More: — GoodyearAZ Business News (@GoodyearAZecdev) January 31, 2022 Click here to view the tweet

Executive Inc.: How mentoring others inspires Bobbie Mastracci of Phoenix West Commercial

Bobbie Mastracci is the CEO Phoenix West Commercial. Mastracci can sometimes be spotted inside the White Tanks Library. Jim Poulin | Phoenix Business Journal By Audrey Jensen – Reporter, Phoenix Business Journal Dec 3, 2021, 6:10pm EST Before Bobbie Mastracci was known for her work in commercial real estate in the West Valley, she operated her own day spa in her hometown of Pittsburgh, Pennsylvania. Although she had success running her own salon business, Mastracci said she had always been intrigued by real estate but just wasn’t sure it was an attainable career. “I can still remember vividly one of my clients sitting in my chair, working on a real estate contract,” she recalled. “I’m like, ‘Gosh, one of these days, I want to be the one sitting in my hairdresser’s chair working on a real estate contract.’” After 9/11, Mastracci’s husband lost his job, which led her [...]

Phoenix Commercial Real Estate Industry News

Catholic Newman Center planned at long-vacant Phoenix parcel near Grand Canyon University

A new Catholic church is being planned across the street from Grand Canyon University, and the Diocese of Phoenix is hoping to start the project as soon as possible. Here's what we know so far. Read More

Valley CRE brokers see solid future growth, but not without bumps along the way

Asked how long the industrial/flex sector can stay white-hot, one expert had this to say: "Sorry, but while the party is still going, the bar is now closed." Click through to read more insights about the Valley's real estate landscape from the people who know it best, and see our annual ranking of the largest CRE brokerages in the Valley. Read More

Prominent Camelback corridor office trades hands for more than $70 million

The prominent office campus is the second that a Valley investor has acquired from Lincoln Property Co. in the past month. The sale came after significant renovations had been made to the buildings that have a healthy list of tenants. Read More

Scottsdale’s Classic Hotels & Resorts changes name as it looks to expand its portfolio

Classic Hotels & Resorts — which owns and runs Valley properties like the Arizona Grand Resort & Spa and the Scott Resort & Spa — has rebranded to pay homage of the owner’s parents. Read More


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