The business was established in Tucson, Arizona by Michael Sarabia (DSW Commercial Principal) and Mark Schnuck (DESCO Group Principal) in 2001 as a full service commercial real estate firm in partnership with The DESCO Group, a leading development, property management and investment company based in St. Louis, Missouri. DSW Commercial Real Estate (formerly DESCO Southwest) began to build alliances with Arizona brokers and identified investment and development opportunities in the Tucson and Phoenix markets.
DSW Commercial Real Estate has developed several successful projects in the Arizona Market with projects such as the Skyline Esplanade office complex in Tucson, the unique redevelopment of the Phoenix Union High School in downtown Phoenix as a facility to accommodate the University of Arizona College of Medicine, and the construction of the Stapley Corporate Center in Mesa, Arizona. DSW Commercial Real Estate has developed approximately 1,000,000 square feet of office, medical and retail space.
In 2016, Michael Sarabia and James Hardman negotiated the purchase of the operating platform for DSW Commercial Real Estate from the DESCO Group to continue to develop and invest in commercial real estate and operate the property management and brokerage business independent from the DESCO Group. Since that time, DSW Commercial Real Estate has invested in nearly $125 million dollars of commercial real estate. Currently DSW Commercial Real Estate manages over one million square feet of office, medical and retail real estate and is currently developing a number of office, medical and retail centers.
Today DSW Commercial Real Estate continues to pursue its acquisition platform, operating with the optimum balance of experience and ingenuity.