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Barker Pacific Picks Up Mesa Asset for $23M

Los Angeles-based Barker Pacific Group acquired Mesa Financial Plaza in Mesa, AZ for $23 million. The seller, Mesa Financial Plaza LLC, is an entity of Scottsdale-based Emrine LLC and PV Management LLC. The deal was brokered by Roseville, CA-based Palmer Capital Inc. and Cushman & Wakefield’s Matt Nebeker.

A landmark office tower, Mesa Financial Plaza is a 16-story, Class A office building located in the heart of Mesa’s Fiesta District. The neon-trimmed, 311,132-square-foot office, located at the southeast corner of Southern Avenue and Alma School Road, is currently 66% occupied.

Nebeker says, “Barker Pacific Group is the perfect partner for this building. They have been actively buying value add properties and will be able to accommodate all the new activity in the area. The new finishes combined with the cooperation of the city will stabilize the submarket.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition