WHO WE ARE
The ViaWest Group was established in Phoenix, Arizona in 2003 with the goal of engaging in commercial real estate investments, development, and property management in an effort to continuously maximize the value of real estate opportunities. This is done through a partnership-driven mindset, a focus on our core values, and a belief that our lives are enhanced by the experiences within the spaces where we spend our lives. It’s not what we do that makes us different – it’s how we do it.
Expanded our portfolio by 17 properties (62 total), commenced 5 new industrial development projects totaling 945K square feet, added 7 new third party management clients, executed over 97 leases in excess of 1.65mm square feet, entered San Diego market with a combination of acquisition/development projects totaling 529K square feet, and successfully sold 9 properties.
Established Denver (Mountain West) Office, completed two new industrial development projects totaling 291,072 s.f., grew properties under management to 8 million s.f., sold 8 properties, acquired one new office complex, successfully exited Select Strategies Fund I (which commenced in 2014), and launched our Select Strategies Fund II.
Commenced development on four new industrial projects totaling over 900,000 s.f., grew properties under management to over 6.8MM s.f., and sold five properties including the Biltmore Center for a record $212MM.
Increased portfolio substantially, including acquisition of 6 industrial projects totaling over 1.1MM s.f. and grew properties under management to over 5.0MM s.f.
Continued geographic expansion with first projects in Nevada and Colorado while executing a few strategic dispositions that set Company records for profitability.
Moved Corporate HQ to Biltmore Center, established a Scottsdale office, and continued strategic purchases, such as Raintree Corporate Center for $50MM via online auction.
Began pursuit of larger asset acquisition, including the purchase of the 635,000 s.f. Class A office complex, Biltmore Center, for $163MM and of geographic expansion with first asset purchase in Texas.
Commenced an investment fund focused on acquiring value-add, general industrial properties throughout the Southwest U.S.
Continued value-add acquisition efforts, including the purchase of a discounted note for $32 million on a flex-office project which was then foreclosed and sold at a significant profit within 8 months.
Significantly increased value-add acquisition efforts, including the purchase of Nexus, a corporate R&D building, from a global technology company which we then completely renovated to an open-office, creative environment and subsequently leased in its entirety to Amazon.
Danny Swancey joined ViaWest as Director of Real Estate prior to ultimate promotion to Partner.
Launched Southwest Real Estate Opportunity Fund to purchase distressed assets in Metro Phoenix.
Identified and capitalized on early-cycle opportunities. Additionally, formed an investment fund focused on publicly traded REIT securities.
Focused on increasing occupancy in all existing assets while seeking early cycle opportunities.
Concentrated on exiting speculative investments; completing existing developments; and finding quick turnaround-and-exit opportunities, such as sale of 135 acre land site upon obtaining entitlements and infrastructure solutions.
As market heated up, began to slow down acquisition/development activity instead focusing on small in-and-out opportunities and completion of existing commitments.
Expanded holdings through acquisition and development of multiple property types, including commencing the Company’s first industrial development, the 190,000 s.f. Warner Commerce Park and serving as local partner on 2,000+ unit / $200+ million condo conversion strategy for a national condo-converter.
Generated initial income for company through consulting work and focused on purchasing various land sites for development of industrial properties.
ViaWest Properties is formed in Phoenix,AZ.
Our culture is based on a set of values we bring to each interaction to ensure the most positive experiences for our clients, investors and employees.
We truly enjoy the business of real estate. People work, create, socialize, shop and live in real estate. Our goal is to maximize these experiences while taking great pride in our efforts and results for our investors and clients. Our company only succeeds because of its people. Our people are defined by the following qualities: