Replay Destinations Acquires Prime Development Parcels Adjacent to The Phoenician®, a Luxury Collection Resort in Scottsdale, AZ

Ascent at The Phoenician® golf villas, Scottsdale, AZ

 Gary Raymond

SCOTTSDALE, AZ – Replay Destinations (‘Replay’) announced  it has acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona. 

The planned private residential community will sit at the foot of Camelback Mountain, overlooking the Phoenician® Golf Club. 

Known as Ascent at The Phoenician®, the project will become a true legacy property in one of Arizona’s most celebrated locations. 

Replay has acquired the development parcels from affiliates of Host Hotels & Resorts, Inc. (‘Host’), owner of The Phoenician®, a Luxury Collection Resort, which is consistently recognized as one of the world’s finest luxury resort destinations. 

“Designed as a luxurious desert sanctuary in the heart of Scottsdale, Ascent at The Phoenician® will offer buyers the rare opportunity to live at one of the region’s most prestigious addresses. 

"At this time when home is more important than ever, we have incorporated contemporary design, spacious indoor/outdoor living spaces, and private entrances in a world-class location to enjoy the beautiful desert,” said Gary Raymond, Managing Director, Replay Destinations.

Replay Destinations has acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale. Known as Ascent at The Phoenician®, the project includes a planned private pool and fitness amenity tucked up against Camelback Mountain. 

Ascent at The Phoenician® will consist of approximately 195 properties, including condominiums at the base of Camelback Mountain and Ascent Golf Villas along the first fairway of the Phoenician® Golf Club. integrating warm, natural materials, expansive windows and large outdoor living areas.

Replay’s Ascent at The Phoenician® will consist of approximately 195 properties. With views overlooking the new Phoenician® Golf Club and Camelback Mountain, home designs will feature contemporary architecture integrating warm, natural materials, expansive windows and large outdoor living areas.

 Priced from $1,785,000, the Ascent Golf Villas offer private two-car garages with additional storage. Generous outdoor living areas include spectacular upper level patio decks opening to views of the golf course and Camelback Mountain. 

“Host Hotels and Resorts is thrilled that Replay Destinations is acquiring these real estate development parcels at The Phoenician®, a Luxury Collection Resort for this legacy project,” said Linda Laniado, Vice President of Investments at Host. 

 Paul Jorgensen

“Replay is known internationally for creating one-of-a-kind projects in storied resort locations across the globe.

 "It was their understanding and design approach to creating the ultimate luxury resort lifestyle that intrigued our team. 

"We strongly align around the vision for this place and look forward to seeing it become a reality.”

“Scottsdale, Arizona continues to be recognized as one of the most desirable areas in the U.S. to own a home and experience everything Scottsdale and the surrounding Phoenix area offers. 

"We could not be more pleased to be creating a residential community in such a storied location,” said Paul Jorgensen, CEO of Replay Destinations in Vancouver, British Columbia.

 “The market fits very well with our growing portfolio of destination real estate developments in sought after locations like Hawaii, Sonoma Wine Country, Cabo San Lucas and the Caribbean.”

Replay Destinations has acquired development parcels from affiliates of Host Hotels & Resorts, Inc. (‘Host’), owner of The Phoenician®, a Luxury Collection Resort, which is consistently recognized as one of the world’s finest luxury resort destinations.

“The Phoenician®, a Luxury Collection Resort is one of the premier resort destinations in the United States, and we are honored to work in conjunction with Host in creating a special residential community,” Raymond said. “With The Phoenician®, a Luxury Collection Resort’s recent renovation including new restaurant concepts, a fitness facility,"

Ascent Golf Villas will be located along the first fairway of the Phoenician® Golf Club. Replay Destinations, which has properties in some of the world’s most sought-after settings, is now accepting reservations for the first release of luxury homes within the Ascent community – a limited collection of 30 golf villa homes situated adjacent to the golf clubhouse and new Phoenician® Tavern Restaurant.

Leslie Jenkins

Nathan And Associates Inc. was hired by Host to represent them in the marketing of the development parcels and were also responsible for marketing 51 finished lots on behalf of Replay.

Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at The Phoenician®. 

For more information on real estate opportunities, call 480-534-4086 and to register for updates, please visit, ascentatthephoenician.com.

Current Projects

In addition to Ascent at The Phoenician®, Replay’s current development projects include: 

Half Moon Bay Antigua, an ultra-luxury destination that includes a Rosewood hotel, estate lots and branded residences; Ka‘upulehu in Hawaii, a private residential community on the Kohala Coast; Lift Park City, prime ski-in, ski-out residences at the base of the largest ski destination in the United States;

Joe Bushong 

 Mar a Cielo, resort condominiums within Cabo del Sol, one of the top destinations in Los Cabos; Mill District Healdsburg, a mixed-use development in the heart of Sonoma wine country that includes a boutique hotel, retail and luxury condominiums; 

One Ocean Bahamas, a luxury condominium high rise community overlooking Nassau Harbour;  and YOTELPAD Park City, a new concept in condominium living at the base of Park City Mountain in Utah.



 Contacts:

Michelle McGinty, DRA Collective
Tel: (310) 704-7834
michelle@dracollective.com

Rachael Myer Curley
 Account Director  
717 E. Maryland Ave., Suite 110 | Phoenix, AZ 85014 
Dir: 602.424.8645| 

Ph: 602.956.8834 | C: 480.560.3255

www.dracollective.com

www.replaydestinations.com 

Voit Real Estate Services Announces Collaboration with Tangerine Energy to Provide Battery Storage Energy Solutions to the California Grid

Todd Holley

San Diego, CA  –– Voit Real Estate Services, a privately held, broker-owned Southern California-based commercial real estate firm has announced an exclusive collaboration with Tangerine Energy, an energy development company that is working to positively impact the environment and provide grid stabilization to local geographies in California. 

 The new venture aims to lease and/or acquire as many as 50 industrial warehouse and/or land sites per year over the next five years to house battery storage centers in population-dense geographies that experience significant price volatility.

 “This strategy is a win-win for commercial property owners seeking stability in the current market” said Todd Holley, SIOR, senior vice president in Voit’s San Diego office.

  “Each industrial warehouse or land site will be either acquired or fully leased by a credit tenant for up to a 15-year term.  This delivers stabilized, cash flow assets – a welcome addition to most investors’ portfolios in uncertain times.”

 Michael Mossmer

 Holley, who co-leads collaboration initiatives alongside Voit senior vice president and partner Michael Mossmer, SIOR notes that this marks one of Voit’s first formal expansions into the energy sector.

 “Battery storage sites require significantly less space than solar farms and can be integrated throughout high density areas, to serve the needs of local markets,” Holley explains.

  “Our partnership with Tangerine is a great fit for the Voit network, as we are drawing on our  statewide network of offices and demonstrating the strength of our commercial reach while sourcing assets that can positively impact the California energy grid.”

Miriam Weber Miller, President of Tangerine Energy, notes, “Tangerine Energy made a decision more than a year ago to take a whole market approach to battery storage in the state of California.

 "This meant we needed a real estate partner with extensive experience and reach, and the professional resources to move swiftly in a rapidly evolving market.

 "We have found all of these things in our team at Voit and look forward to advancing the core Tangerine mission with Voit as our partner.”

    Contacts:

Katie Haga / Elisabeth Manville  
Brower Group  
(949) 438-6262 
khaga@brower-group.com 

 www.daumcommercial.com.

www.voitco.com. 

Daum Commercial Completes $6 Million Sale of Inland Empire Business Park in Colton, CA

 Cooley Business Park, 930 Mount Vernon and 937 Via Lata, Colton, CA

  

COLTON, CA – DAUM Commercial Real Estate Services has completed the sale of Cooley Business Park, a 60,119 square-foot multi-tenant office/flex property in the Inland Empire submarket of Colton, California, on behalf of the seller, Oak Properties, a private investor based in San Diego.

 The park. at 930 Mount Vernon and 937 Via Lata,  was purchased for $5.95 million.

Lee Spence

 The asset is 100% leased to 15 tenants and consists of two buildings totaling 19 units that range from 1,200 to 6,700 square feet, according to Lee Spence, Executive Vice President at DAUM Commercial Real Estate Services, who completed the transaction alongside DAUM Associate Vice President Mark Schafer.

 “While the seller had a well-located, fully occupied asset, there was some uncertainty surrounding what the demand would look like for office product in the midst of the pandemic, as many investors sidelined,” explains Spence.

  “Through effectively communicating the opportunity for immediate cashflow and potential for upside as rent roll turns over, we were able to achieve several competitive offers on the property.”

 Spence notes that the in-place leases to a diverse range of tenants at Cooley Business Park were an appealing aspect of the property that allowed for a quick close.

Mark Schafer

 “Despite the additional hurdles in place due to the pandemic, we were able to move the transaction forward smoothly,” says Spence, who notes that the fundamentals of the office market in San Bernardino County have remained relatively steady in the midst of challenges.

 “Ultimately, we closed on a satisfactory deal for our Client that allows them to strategically move forward with their own business plan.”

 Cooley Business Park benefits from a prime location that offers convenient access to major freeways including Interstate 10 and Interstate 215 and several retail amenities, driving tenant appeal. 

The asset, which is situated on 4.3 acres at a highly visible intersection, is also in close proximity to the Ontario airport, San Bernardino, and downtown Riverside.

 The property features attractive architecture and provides tenants with ample parking.

    Contacts:

Katie Haga / Elisabeth Manville  
Brower Group  
(949) 438-6262 
khaga@brower-group.com 

 www.daumcommercial.com.