Karl Thompson
Partner
Karl Thompson migrated to the US from Ireland in 1995 and has been in the commercial construction business since his arrival in Phoenix, AZ. Over the past 27 years, Karl has personally managed in excess of $150M in specialty projects for the world’s largest mechanical & electrical contractor. In 200, he purchased a small HVAC company and developed it into one of the most competitive companies of its kind in Phoenix. Under his leadership, Commercial Air Inc generated over $100M in projects for high-profile corporations including Intel, State Farm (Corporate), and the Phoenix Sky Harbor Airport. His company went on to pursue projects as a subcontractor to national general contractors such as Ryan Companies, McCarthy, and Turner Construction. Karl’s countless successful projects have proven him an adept leader time and time again. His hands-on approach and willingness to find innovative solutions to support his team’s goals reflect his expertise and efficient work. Because of his leadership and success, Karl successfully sold his company in 2018.
Karl brings decades of experience and attention to detail to all our work – even on our very first self-storage facility project, which he brought in on time and on budget. He is currently involved in over $100M worth of development projects through various partnerships, including three self-storage projects, two historic tax credit multifamily conversions, and the ground-up development of 250 residential apartment units.
Karl obtained his citizenship in 2001 and is truly living the American Dream.
Mark V. Phillips
Partner
Since 1978, Mark Phillips has been building up an impressive body of work in real estate with experiences that span construction, development, investment, and over 30 years in commercial real estate brokerage. Mark has also been involved in multiple real estate private equity syndications, including ground-up developments and multifamily projects. His feats include the creation of a powerful partnership that resulted in two funds which secured over $70M in properties leased to the federal government.
As a contractor, Mark brought creative vision to the development of residential subdivisions and repurposed sites. For example, he successfully engineered the purchase and renovation of Teller’s Mill, a former cigar factory in Sellersville, PA, which he remodeled into residential condos. Mark personally saw to the preservation of the iconic building by ensuring its certification to the National Register of Historic Places.
As commercial broker, he has transacted nearly $1B in sales working for national firms such as Colliers International; Sperry Van Ness; and Newmark Grubb Levy Strange Beffort, an affiliate of Newmark Knight Frank.
Today, Mark is as industrious as ever – he is currently involved in over $100M in development projects through various partnerships, including three self-storage projects, two historic tax credit multifamily conversions, and the ground-up development of 250 residential apartment units. Mark attended Temple University and has multiple degrees from the School of Hard Knocks.