Meet Irgens Partners: Phoenix real estate firm building opportunities
A conversation with Regional Vice President of Development Derek Flottum
Tell us about your company:
Derek Flottum: Irgens builds opportunities in developing, investing and operating commercial office, healthcare, mixed-use and research and development real estate. Irgens ensures successful conception, implementation, completion and operation of projects.
What city in Arizona is your company located in?
How did your company get started?
Flottum: Started in 1983, Irgens grew with financial backing from a third-party investor. On April 1, 1998, Mark Irgens and his partners purchased the assets and hired the employees of the company and continued the business as Irgens Partners, LLC. This team of highly skilled professionals relied on long-standing relationships and project successes to build new investment opportunities.
Explain why you chose Greater Phoenix to build your company:
Flottum: In 2006, Irgens identified Phoenix as a dynamic growth market, in which to expand and diversify its investments. In evaluating options, Phoenix stood out because of its continued investment in infrastructure, ability to attract and retain an educated workforce, and pro-business climate. Irgens believed in this long-term opportunity and elected to develop its offices in this fast-growing community.
What makes your product unique and different?
Flottum: Irgens sponsors, creates, develops, owns and manages real estate projects directly as well as with investors and select partners. We strive to add value, manage risk and provide profitable ventures. Every project is unique – a multi-tenant office building, a complicated urban redevelopment, an on-campus medical office building, a build-to-suit headquarters facility. Irgens has the experience and capabilities required to maximize the investment, minimize risk and achieve a predictable end result.
What is the best thing about having your business in Greater Phoenix?
Flottum: Phoenix offers unlimited growth potential. We are inspired by our ability to serve as an instrumental part in its continued economic development. Irgens utilizes skills and experience to address the high demand for investment real estate.
In your opinion, why should someone build a career in Greater Phoenix?
Flottum: Phoenix offers market participants to go as far as their talents will take them. Phoenix continues to grow and produces endless opportunities for businesses and their people. Through the competitive marketplace and higher employment demand, employees are constantly challenged to take on new things and improve their knowledge base contributing to their continued success.
What are three words you would use to describe the business community in Greater Phoenix?
Flottum: Opportunistic, dynamic, collaborative
Are you currently hiring? If so, what types of positions do you need filled now? What about in the future?
Flottum: Irgens continues to look for future dedicated professionals to join our team.
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