Beginning in a One-Room Space to Representing 8M SF Valley-Wide & Exceeding $2B in Transactions
2013 is GPE Companies 40th year of business in Arizona. Since 1973, the company has seen numerous changes in the Valley. In Scottsdale, where the business was started, the population was approximately 60,000 people, Shea Boulevard was considered the beginning of Scottsdale, and Scottsdale Road was nearly deserted by 9 p.m.
“To set up our first office, we forced our son, David, out of his room and into sharing a room with his brother,” recalls Ron Genovese, Founder of GPE Companies. The leading industries in the Phoenix Metro area at that time were service-oriented, as was GPE’s initial venture as a building maintenance business called Greater Phoenix Enterprises. With hard work and some luck, Ron and his small team steadily grew their business maintaining retail, office and medical buildings. At the request of a client in 1982, GPE took on the property management of a single office building which opened a significant door for the firm. A need became apparent for better management for medical office buildings, and GPE became the experts in this niche market.
“As management and the business grew, it became apparent that it would be advantageous to start our own sales and leasing division. In 1988, the brokerage started with one employee and two agents,” said Genovese. Today, GPE Companies is made up of GPE Commercial Advisors, LLC and GPE Management Services, LLC and now services all aspects of commercial real estate.
After gaining experience and working in the firm for over 20 years; David Genovese, (Ron’s son) became president of GPE companies in 2008. Ron Genovese recalls David saying, “‘Now that I am taking your corner office, we are even for when you put me out of my bedroom in 1973.’” The company now has over 40 employees and agents, who play an important role in the Arizona commercial real estate market. To date, GPE has facilitated acquisitions and sales transactions exceeding $2 billion in real estate value.
Founded in 1973, GPE Commercial Advisors and GPE Management Services are the premier providers of award-winning, commercial real estate sales, leasing, property management and consulting solutions for business, office, medical, dental, retail and industrial properties in the Greater Phoenix Metropolitan area. 2012 Ranking Arizona ranks GPE Commercial Advisors as the Valley’s #1 commercial real estate company and GPE Management Services among the top ten property management companies. GPE has also been named a Top Leasing Firm by CoStar Power Broker Awards, and one of the Valley’s “Best Places to Work” by Phoenix Business Journal three years in a row.