New real-estate development company opens its doors in Scottsdale

Veteran real estate experts Kurt Rosene and Justin Miller have formed NOVO Development, LLC, a commercial real estate development company headquartered in Scottsdale.

0617Ns Business (NOVO Kurt Rosene)

Kurt Rosene

Mr. Rosene, who recently received NAIOP Phoenix’ Award of Excellence, has spent more than 25 years in the commercial real estate field. He has provided development, leasing and management expertise to a variety of projects throughout the United States. Mr. Rosene most recently served as Senior Vice President of The Alter Group, where he led national development and the western region.

Mr. Miller began his career in real estate more than 15 years ago as a broker at Grubb & Ellis. His expertise falls in the area of large office developments, land transactions and acquisitions and dispositions. After working as a broker, Mr. Miller joined The Alter Group in 2011 as a vice president focused on planning, marketing and development of several large Phoenix business parks.

The combined expertise of Mr. Rosene and Mr. Miller will lead NOVO Development in its mission to procure and implement development strategies in a variety of commercial real estate arenas. The company is pursuing opportunities in the office, industrial, retail, multifamily, medical, sports and hospitality fields.

Justin Miller

Justin Miller

“We offer a unique combination of long-standing expertise and proven professionalism with the creative and dynamic entrepreneurial attitude necessary to take full advantage of ever changing market conditions,” stated Mr. Rosene in a press release. “Justin and I enjoy remarkable relationships with a wide variety of clients, partners and community leaders. We are excited to work with these people, as well as new contacts, in creating high quality projects with value for clients and the communities where they are located.”

NOVO’s first project will be the re-development of an existing multi-family project at 1420 E. Bethany Home Rd. in Phoenix. The property will be rebranded as Rezide Uptown, according to the release. Plans call for a comprehensive modernization of the project, including full renovation of the exterior and interior. The units will feature a clean, mid-century modern design. The Rezide name will be NOVO’s brand moving forward for all residential properties.

While NOVO Development is headquartered in Scottsdale, the company is pursuing projects throughout the nation. For more information about NOVO Development, visit www.novodevelops.com or call 480-275-7650.

The Scottsdale Independent is published monthly and mailed to 75,000 homes and businesses in Scottsdale.

You are encouraged to leave relevant comments but engaging in personal attacks, threats, online bullying or commercial spam will not be allowed. All comments should remain within the bounds of fair play and civility. (You can disagree with others courteously, without being disagreeable.) Feel free to express yourself but keep an open mind toward finding value in what others say. To report abuse or spam, click the X in the upper right corner of the comment box.