Real Estate Companies to Watch in 2020

KRAUSE recently exploded into ground-up architecture with the forward-thinking re-imagining of the Rio Salado, Rio ECO2 project, which was honored with five awards this year alone. Credit: AZ Big Media

By Steve Burks for AZ Big Media
Here’s a look at some of the top real estate companies to watch in Arizona. These companies have seen tremendous growth in Arizona and they will be the ones driving the industry forward, through calm water or rough seas.
ARCHSOL remains focused on providing collaborative architectural solutions to a wide-range of healthcare clients including Banner Health, Dignity Health, HonorHealth and others.
Aspirant Development
With its first downtown Phoenix high-rise apartment (The Stewart) completed and over 50 percent leased, Aspirant has turned its focus to The Stewart’s baby brother – a 17-story, 254-unit apartment project at 3rd Avenue and Fillmore.
Butler Design Group
Butler Design Group was named the NAIOP Architectural Firm of the Year for the 14th time and recently surpassed the 19MSF mark of projects completed or under construction.
In 2020, CBRE will leverage its involvement and influence in the community and its team of world-class professionals and resources to build advantage for its clients across all spectrums of commercial real estate.
CHASSE Building Team
2019 Most Admired Company and Real Estate Development award winner CHASSE Building Team’s motto is “Building to make a difference…” In 2020, CHASSE expects to oversee $250M-plus in projects while focusing on providing an exceptional client experience in all aspects of construction.
Colliers International in Arizona
Colliers expects to have another year of strong results. They assisted their clients in making over a billion dollars in commercial real estate decisions involving more than 700 separate transactions during 2019, and they expect to exceed those results in 2020.
Corgan’s 2019 growth was marked by banner projects in aviation, education, interiors and healthcare including Terminal 3 at Phoenix Sky Harbor, Dove Mountain C-STEM K-8 school in Marana and a new partnership with Cigna Medical Group.
Cuningham Group
For more than 50 years, Cuningham Group has earned an outstanding reputation for delivering excellence in architecture, interior design, urban design, and landscape architecture for a diverse mix of clients and project types including healthcare, senior living and multifamily.
Cushman & Wakefield
Cushman & Wakefield is a leading global real estate firm that delivers exceptional value for the world’s top occupiers and owners.
DAVIS goes into 2020 launching its new Creative Technology business unit. DAVIS has been designing inspired architecture for over 28 years.
DPR Construction
DPR Construction is proud to celebrate 25 years of building great things in Arizona! DPR thanks their clients and partners who have trusted them with $4.2B worth of projects through the years.
Graycor is a 98-year old national construction company. In the past five years they’ve constructed more than 20MSF of distribution center and warehouse space.
Healthcare Trust of America
HTA has now closed $221M of investments and a land purchase of $7M totaling approximately 559KSF of GLA to close out 2019.
Henderson Engineers
In 2019, the Henderson Phoenix team earned three Engineering News-Record regional awards (one project of the year). The team also completed Arizona State’s Sun Devil Stadium and Great Wolf Lodge, began design of confidential projects that will change the Phoenix skyline, continued a 10-plus-year relationship with Sprouts, and closed the office for a day of community service at Ronald McDonald House.
Continuing on Hines’ success in planning, entitling and developing complicated mixed-use projects, Hines began construction in December 2019 on 100 Mill.
Holualoa Companies
Holualoa Companies continues to be a part of some of the most distinctive real estate projects in Arizona and the western United States. Its signature projects at Park Central, Camelback Collective, and SkySong Scottsdale Innovation Center have both generated a significant amount of buzz in the real estate community over the past year and are well-positioned to have a positive impact on the local economy.
JLL is one of Phoenix’s leading full-service commercial real estate firms – and it continues to grow.
Catapulting into 2019 from a record $100M year in 2018, Jokake continued its growth and expansion of services as a real estate solutions provider, seeing great success in the tech market with clients like Carvana, Zillow, Amazon and JDA Software. Construction in 2020 will focus on the industrial and manufacturing sectors with an intense focus on e-commerce.
Katerra is currently building two high-rise apartment projects in downtown Phoenix (X Phoenix and the Kenect PHX) and breaking ground on another two, high-rise, market-rate apartment projects and a high-end hotel in the same area in 2020.
KRAUSE recently exploded into ground-up architecture with the forward-thinking re-imagining of the Rio Salado, Rio ECO2 project, which was honored with five awards this year alone.
Layton Construction
Layton Construction experienced unparalleled results at both the local and national level in 2019. Building on several consecutive record-setting years, a substantial backlog of major projects, and a strong team of talented employees, this positive momentum is forecasted to propel Layton to another unprecedented year in 2020.
LGE Design Build
LGE Design Build had a busy 2019 with its highest volume year to date. In addition to embarking on its largest-ever local build – the 80KSF The HUB in Goodyear – LGE launched its residential division and broke ground on its first project in Paradise Valley.
Lincoln Property Company
LPC is actively leading some of Phoenix’s most prominent projects. With Lincoln Logistics 40 and Waypoint it completed $177M in dispositions, marking the Valley’s largest office and industrial sales of 2019. It is the exclusive office developer for The Grand and has embarked on the Class A Union office project and the Park303 industrial development. LPC’s management portfolio is equally significant, totaling 10MSF.
Marcus & Millichap
In 2019, Marcus & Millichap Phoenix enjoyed the best annual performance in its history. Record levels in gross revenue, total number of transactions, total volume and market share mark the best year since 2017.
McCarthy Building Companies
For McCarthy Building Companies, 2020 will be a year focused on critical infrastructure projects, meeting the needs of the state in terms of population growth and advancements in innovation for some of the state’s fastest-growing industry sectors, including cutting-edge research and medical programs.
Locally, the Prologis Phoenix metro portfolio is comprised of 42 buildings totaling approximately 7MSF. With a couple large company acquisitions slated to close in Q1 2020 and planned development for 2020, the local portfolio is slated to grow to 70 plus buildings totaling over 11MSF and in excess of 150 customers.
Ryan Companies US, Inc.
In 2019, Ryan successfully leveraged their collective insights of development, construction, architecture + engineering, real estate management services, and capital markets, resulting in over a 20 percent increase to their bottom line.
The Statesman Group
The Statesman Group has launched nearly $200M in luxury real estate within the master-planned community in Desert Ridge including luxury for-sale, for-rent and senior-living residential units.
Tower Capital
The past year has been a tremendous year of growth for Tower Capital. In 2019, they saw origination volume more than double year over year.
2019 marked the highest volume year in Transwestern Phoenix office’s history. Brokerage emerged into new submarkets and product types gaining more market share Valley wide.
ViaWest Group
ViaWest Group’s plans for 2020 include completion of four new industrial developments commenced in 2019: Goodyear Crossing, Superior Logistics Center, Central Logistics Center and AZ202 Commerce Park. They are acquiring and renovating the 300KSF Canyon Corporate Center office complex, completing the renovations and leasing of 200 EVB and The Monroe both 250KSF office projects, and a number of other properties.
The Weitz Company
The Weitz Company is poised for a breakout year in 2020 after a strong 2019. This past year they broke ground on their largest data center project, expanded their senior living presence, started projects in Yuma and Flagstaff, continued to build their public sector resume, and served our residential and healthcare clients.
Read more at AZ Big Media.

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