Eastgroup Properties’ Bill Petsas Honored With Lifetime Achievement Award At Best Of NAIOP-AZ

Bill Petsas

Bill Petsas

Bill Petsas, Senior Vice President at EastGroup Properties, was honored with the Lifetime Achievement Award at the 2014 Best of NAIOP event held at the Arizona Biltmore.

Prior to joining EastGroup in 2000, Petsas was a VP with Prologis where he forged a career in the development, acquisition, leasing and management of industrial real estate. At EastGroup, Petsas oversees 34 million square feet of industrial space with a total market capitalization in excess of $2.8 billion.    

The Lifetime Achievement Award is presented by the Arizona Chapter Board of Directors to an exemplary individual who has made a significant and positive impact on the office and industrial commercial real estate market in Arizona over a period of no less than 15 years.  

It was also a big night for Ryan Companies US, Inc. and Marina Heights – Ryan’s $750 million, 2-million-square-foot development in Tempe.  Marina Heights won the prestigious Transaction of the Year and Talk of the Town awards.  Ryan Companies was named Owner/Developer of the Year, Firm of the Year, and General Contractor of the Year. Ryan is the owner/co-developer and general contractor for Marina Heights. Sunbelt Holdings is the other co-developer and The DAVIS Experience is the project architect. 

 Winning top broker awards were Jim Wilson, Cushman & Wakefield of Arizona, Industrial Broker of the Year; Tom Adelson, Jim Fijan, Jerry Roberts and Corey Hawley, CBRE, Office Brokers of the Year; and Mindy Korth, Colliers International, Investment Broker of the Year.

Economic Impact Project of the Year went to Able Engineering – Phoenix-Mesa Gateway Airport. JLL was named Brokerage House of the Year.

The event, organized by NAIOP Arizona, was attended by 900 commercial real estate professionals.

Best of NAIOP winners:

Individual/Company/Project Name


Bill Petsas – EastGroup Properties

Lifetime Achievement

Ryan Companies US, Inc.

Owner/Developer of the Year

Ryan Companies US, Inc.

NAIOP Firm of the Year

Butler Design Group

Architect of the Year

Phoenix Design One, Inc.

Interior Architect of the Year

Ryan Companies US, Inc.

General Contractor of the Year

Willmeng Construction

Tenant Improvement Contractor of the Year

Tom Adelson, Jim Fijan, Jerry Roberts, Corey Hawley – CBRE

Office Broker of the Year

Jim Wilson – Cushman & Wakefield

Industrial Broker of the Year

Mindy Korth – Colliers International

Investment Broker of the Year

Keith Lambeth & Todd Noel – Colliers International

Tenant Representative Broker of the Year

Rusty Kennedy – CBRE

Emerging Broker of the Year

Cooper Fratt – CBRE

Rookie Broker of the Year


Industrial Build-to-Suit of the Year

C2 Tactical Tenant Improvement

Industrial Tenant Improvement of the Year

Habitat for Humanity, Tucson Office Remodel

Office Build-to-Suit of the Year

Wagon Holdings

Office Tenant Improvement of the Year (less than 50k)

Fennemore Craig @ Biltmore Financial Center

Office Tenant Improvement of the Year (more than 50k)

Able Engineering – Phoenix-Mesa Gateway Airport

Economic Impact Project of the Year

West Valley Hospital Patient Tower and Surgery Expansion

Medical Office Project of the Year

Arizona State University Downtown Phoenix Campus Sun Devil Fitness Complex

Redevelopment Project of the Year

Coldwater Depot Logistics Center – Phase I

Spec Industrial Development of the Year

Allred Park Place Building #5

Spec Office Development of the Year

Marina Heights

Transaction of the Year

Trademark Visual, Inc.

Official Sign Sponsor of the Year

Jones Lang LaSalle

Brokerage House of the Year

Jenna Borcherding – Jokake Construction Services

Developing Leader of the Year

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