NAI Horizon negotiates long-term lease for building that features flexible workspace

NAI Horizon negotiates long-term lease for building that features flexible workspace

     PHOENIX, ARIZONA (June 21, 2018) – NAI Horizon negotiated a long-term lease on behalf of the landlord of a free-standing building in Mesa that serves as a flexible workplace center with executive suites.

NAI Horizon Senior Vice Presidents Laurel Lewis; Barbara Lloyd, CCIM; and Lane Neville represented Old Town Val Vista LLC in leasing the 59,418-square-foot building at 3707 E. Southern Ave., in Mesa.

The former movie theater was converted to Class A office space in 2006. The tenant, Regus, offers shared office environments in locations across the world.

“The landlord’s forward thinking at the time of renovation provided a perfect environment for Regus to fill a need for desk space in a thriving Mesa community,” Lewis said.

The property is located at Southern and Val Vista, an area in Mesa that is undergoing a transformation. It is just off the US60 with close proximity to both the loops 101 and 202 freeways.

 

 

 

 

 

NAI Horizon continues growth with addition of Ally Bluechel as Phoenix Marketing Specialist

NAI Horizon continues growth with addition of Ally Bluechel as Phoenix Marketing Specialist

     PHOENIX, ARIZONA (June 20, 2018) – NAI Horizon, having just celebrated its 25th anniversary in the Valley in 2017, continues its growth in Arizona with the hiring of Ally Bluechel as Marketing Specialist.

Bluechel will provide support to NAI Horizon brokerage teams by developing materials for marketing proposals. She will also create and maintain marketing materials that will help reinforce brand recognition. This includes proposals, database support, and preparation of accurate, timely, and relevant documentation.

Bluechel joins NAI Horizon after two years as operations manager at Montgomery Technologies in San Francisco, a riser management company. She also served as an administrative assistant and office manager at GPS Technologies.

“Ally is a great addition to our marketing team,” said Terry Martin-Denning, Principal and CEO of NAI Horizon. “We are pleased to continue to grow our team with people who fit with our culture and goal to provide the highest level of support to our agents.”

A native of Marin County just north of San Francisco, Bluechel is a graduate of the University of Arizona. She earned a Bachelor of Arts degree in general studies with a focus on art, media and entertainment, global studies, and sociology. She minored in journalism.

Bluechel is an outdoors enthusiast who enjoys swimming and hiking.

Surprise office, pair of industrial buildings highlight recent sales by NAI Horizon

Surprise office, pair of industrial buildings highlight recent sales by NAI Horizon

PHOENIX, ARIZONA (June 19, 2018) – The $3.23 million sale of an office building in Surprise and the sale of two industrial buildings totaling $1.3 million highlight recent transactions closed by NAI Horizon professionals.

Sale Transactions:

NAI Horizon’s Tyler Smith, and Marcus Muirhead with Lee & Associates, negotiated the sale of a 32,505 SF office property, representing the seller, Surprise Mountain, LLC, for $3.23 million. The property is located at 14780 W. Mountain View Blvd., Surprise, AZ. John Cerchiai with Lee & Associates represented the buyer, Development Services of America, Inc.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon negotiated the sale of a 5.95-acre parcel of land, representing the buyer, JEG-FIT 43rd Ave. & I-10 Partners, LLC, for $850,000. The property is located at 1540 N. 43rd Ave., Phoenix, AZ. Kawa & Associates represented the seller, Southwest Regional Council of Carpenters.

Rick Foss negotiated the sale of a 9,258 SF freestanding industrial building, representing the buyer, 2919 S. Potter, for $814,704. The property is located at 2919 S. Potter Dr., Tempe, AZ. Conner Lee, Rick Lee and Nate Bubeck with Lee & Associates represented the seller, 5 M’s Partnership, LLC.

Rick Foss negotiated the sale of an industrial property, representing the seller, Andre Horga, for $460,000. The property is located at 1334 E. Van Buren, Phoenix, AZ. Steve Farrell with Lee & Associates represented the buyer, Jireh Industries, LLC.

Sharon Reeves negotiated the sale of a 5,579 SF retail property, representing the buyer, Desert Rose Corporation, for $425,000. The property is located at 6607 S. Kings Ranch Rd., Gold Canyon, AZ. CBRE represented the seller, Wells Fargo Bank.

Barbara Lloyd, CCIM,  Laurel Lewis and Lane Neville negotiated the sale of a 5,258 SF office property, representing the seller, Troon, LLC, for $280,680. The property is located at 10045 E. Dynamite, Suites 205, 210 & 215, Scottsdale, AZ. Morgan Taylor Realty represented the buyer, Coronado Ventures, LLC.

Barbara Lloyd, CCIM, Laurel Lewis and Lane Neville negotiated the sale of a 4,098 SF office property, representing the seller, Troon, LLC, for $280,680. The property is located at 10045 E. Dynamite, Suites 220,225 & 230, Scottsdale, AZ. Morgan Taylor Realty represented the buyer, Pensco Trust Company, LLC.

Barbara Lloyd, CCIM, Laurel Lewis and Lane Neville negotiated the sale of a 1,707 SF office property, representing the seller, Troon, LLC, for $102,420. The property is located at 10045 E. Dynamite, Suites 100 & 105, Scottsdale AZ. Morgan Taylor Realty represented the buyer, Blueshore Holdings, LLC.

Lease Transactions:

Jeff Adams represented the tenant, AES Direct Express, LLC, in a long-term industrial lease for 40,415 SF at 2075 W. Obispo Ave., Gilbert, AZ. Steve Sayre and Steve Larsen with JLL represented the landlord, LIT Industrial Limited Partnership.

Tyler Smith, Troy Giammarco and Joe Pequeno represented both the tenant, PCI Group Companies, Inc., and the landlord, The Esam Morsy Revocable Trust Dated July 16, 2008, in a 36-month office lease for 25,490 SF at 14804 N. Cave Creek Rd., Phoenix, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Anthony Leparulo Separate Property Trust, in a 120-month retail lease for 2,600 SF at 780 W. Elliot Rd., Tempe, AZ. Nic Chavira with Rein & Grossoehme represented the tenant, LRS, LLC.

Tom Bean, CCIM, represented the tenant, Valley OBGYN, in a 63-month lease for 5,371 SF at 5111 N. Scottsdale Rd., Scottsdale, AZ. RevCorp, Inc. represented the landlord, SEL/Plaza 5111 Limited Partnership.

Tyler Smith, Troy Giammarco and Joe Pequeno represented the landlord, Arizona Property Management, LLC, in a 65-month retail lease for 4,273 SF at 11340 W. Bell Rd., Surprise, AZ. Chris Ackel with CBRE represented the tenant, People of Faith, Inc.

Jeff Adams represented the tenant, Harrell’s, LLC, in a long-term industrial lease for 8,091 SF at 909 W. Pinnacle Peak Rd., Building A, Phoenix, AZ. Trevor McKendry and Chris Rogers with Daum Commercial Real Estate represented the landlord, Duke/Griffin Pinnacle Peak, LLC.

Jeff Adams represented the tenant, Ape Index Rock Climbing Gyms, LLC, in a long-term industrial lease for 9,888 SF at 9700 N. 91st Ave., Phoenix, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, A Splash of Color, LLC, in a 60-month retail lease for 1,900 SF at 9160 E. Shea Blvd., Scottsdale, AZ. Ryan Maroney with Newmark Grubb Knight Frank represented the landlord, Neglia 9160 Property, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, SVH Fitness, LLC, in a 60-month retail lease for 1,250 SF at 16854 N. Thompson Peak Rd., Scottsdale, AZ. Jennifer Eggert and Michael Achtman with ORION Investment Real Estate represented the landlord, The Art at MMM, LLC.

Matt Harper represented the landlord, Puchhi, Inc., in a 60-month retail lease for 1,240 SF at 9501 W. Peoria Ave., Peoria, AZ.

Laurel Lewis represented the tenant, Craig W. Penrod, PC, in a 12-month office lease for 1,885 SF at 301 W. Warner Rd., Tempe, AZ.

Matt Harper represented the landlord, Puchhi, Inc., in a 12-month retail lease for 3,720 SF at 9501 W. Peoria Ave., Peoria, AZ.

Laurel Lewis represented the tenant, Total Presence Preservation, in a 13-month industrial lease for 1,850 SF at 23335 N. 18th Dr., Phoenix, AZ. Randy Shell with Shell Commercial represented the landlord, DV Investment Partners, LLC.

Matt Harper represented the landlord, Hillcrest Plaza, LLC, in a 12-month retail lease for 420 SF at 1241 E. Broadway Rd., Mesa, AZ.

Earthworks Environmental expands compliance footprint across U.S.

Earthworks Environmental expands compliance footprint across U.S.

GILBERT, ARIZ.  (June 5, 2018) – Earthworks Environmental LLC has experienced tremendous growth in 2018 with plans to expand its operations to more than 16 states from the Southwest to the Midwest to the Mid-Atlantic.

Services provided by the Gilbert-based firm include stormwater pollution prevention, Phase I and II Environmental Site Assessments, dust control, and construction safety compliances. The firm primarily serves land developers, vertical developers, commercial construction, and land-holding companies.

Cherie Koester

Earthworks Environmental Principal Cherie Koester said the expansion was fueled by the company formulating stormwater and environmental programs for national homebuilders that did not have them or who wanted a more well-rounded or refined program.

“It’s one of those things no one wants to deal with – like your taxes,” Koester said. “One of our specialties is taking an entity that doesn’t have a sufficient program and help our clients to ‘gently’ create a program that works for them. If we come in too strong there will be push back.”

Founded in 2014, Earthworks Environmental expanded its operations to Florida and added two employees at its Arizona office in late 2016. The office has since grown to 22 employees. Besides Arizona and Florida, its services are available in Texas, New Jersey, Delaware, Pennsylvania, Indiana, Illinois, and Minnesota. Several other northern states will be added later this year.

To brace for the growth, Koester promoted Travis Fern to director of compliance and Brendan Haugh to director of training and development. Recently, Earthworks Environmental hired Aaron Gordon as compliance manager in Arizona. His expertise is in Phase I and II ESAs.

“We hire locally and start training in Arizona with the core group,” Koester said. “Then we complete their training in their designated division. It is such an independent job. I have to trust them out there; they are an extension of me.”

A proprietary program that Earthworks Environmental employs – ERX – has also played a key role in the expansion, Koester said. ERX is an environmental reporting software program that puts all aspects of environmental compliance into one program. This includes any permits and inspections. Koester said nearly 75 percent of the violations in her industry occur in the paperwork process.

A client can hire Earthworks Environmental to handle the entire process including ERX. A client may also decide to opt out of the consulting and use ERX themselves. In that case, Earthworks Environmental will apply a nominal fee for use.

“We’ve created a great system,” Koester said. “We can do any project, any size, in any state. The homebuilders know we have created a good system. We always ask, ‘where else can we help you?’”

Koester said the next growth area will be the northern region of the U.S.

“We are set up for that now,” she said. “We’re still going through some growing pains, but our clients know we put them first. They tell me what they want and I tell them how we will make that happen and keep them in compliance.”

“Maybe I can even take a vacation. My employees would like that,” Koester said with a smile.

 To learn more about Earthworks Environmental visit earthworksenv.com.

Winslow + Partners adds 3 staffers to its team

Winslow + Partners adds 3 staffers to its team

     PHOENIX, ARIZ.  (June 5, 2018) – Winslow + Partners, a locally-owned firm that offers expertise in architecture, planning, interior design, educational planning, and design thinking, continues to grow its team with the hiring of a senior project manager, a project manager, and a designer.

Joining Winslow + Partners are Keith Wong, Gilberto Rey, and Lisa Kehoe.

  • Wong joins the firm as a senior project manager. He will provide project management for in-house projects from beginning of design to completion of construction. Wong will also be involved hands-on for each project to ensure the design of the project meets or exceeds the owner’s expectations.

Lisa Kehoe

Wong holds a Bachelor of Arts in architecture from the University of Washington and a Masters of Architecture from Arizona State University. He comes to Winslow + Partners after three years as senior project manager at CSHQA. He is a member of AIA Arizona and is LEED AP BD+C. Wong is a native of Seattle, Wash.

  • Rey joins the design team. He comes to Winslow + Partners after a two-year stint as a designer at Trademark Visual. He holds a Bachelor of Architectural Studies degree from the Frank Lloyd Wright School of Architecture. He is a native of Garden Grove, Calif.
  • Kehoe joins Winslow + Partners after stints at Atlanta-based firms Surber Barber Choate Hertlein and Wilson & Dawson. She also worked at Motley Design Group and Architectural Resource Team in Phoenix. She holds a bachelor’s degree from Harvard University and a Master’s of Architecture from Georgia

    Gilberto Rey

    Institute of Technology. She is a native of Philadelphia.

“When people join your firm, it’s exciting,” said Kali Mota, Associate AIA, partner. “It’s even more exciting to have people want to join you because they feel they can make a difference.”

Last September, Winslow + Partners hired a senior project manager and two designers.

 

AZCREW lunch to feature Grady Gammage Jr. discussion on GPLET’s effect on CRE market

AZCREW lunch to feature Grady Gammage Jr. discussion on GPLET’s effect on CRE market

     PHOENIX, ARIZ. (June 4, 2018) – The Government Property Lease Excise Tax, more commonly known as the GPLET, will be the topic at the June AZCREW lunch. Leading the discussion will be attorney Grady Gammage Jr.

The GPLET was established by the state of Arizona and is a tool designed to initiate development by reducing a project’s operating costs by replacing the real property tax with an excise tax. Under the state statute, an excise tax is established for the building type of use and is calculated on the gross square footage of the building.

AZCREW, the leading organization for senior-level executive women in the Metro Phoenix real estate field, presents “What You Need to Know about Government Property Lease Excise Tax” June 19 at Phoenix Country Club, 2901 N. 7th St., in Phoenix.

Gammage is one of the founders of Gammage & Burnham. His practice has focused on the political aspects of real estate, development, and public policy. As a zoning attorney he has represented dozens of major commercial projects.

AZCREW’s June lunch begins with networking at 11:30 a.m. The program starts at noon. Early registration for members is $40 ($45 after June 8); non-member pre-registration is $65, $85 at the event. Lunch is included. Register here.

Sales of self-storage facility, industrial building highlight recent NAI Horizon transactions

Sales of self-storage facility, industrial building highlight recent NAI Horizon transactions

     PHOENIX, ARIZONA (May 30, 2018) – The $10.755 million sale of a self-storage property in Buckeye and the $1.75 million sale of an industrial building in Mesa highlight recent transactions closed by NAI Horizon professionals.

Sale Transactions:

Denise Nunez negotiated the sale of a 109,855 SF self-storage property, representing both the buyer, Ross Family Trust/Barber Vallejo Properties and Barber Family Trust, and the seller, Store-All America RV & Self Storage, for $10.755 million. The property is located at 24901 W. Yuma Rd., Buckeye, AZ.

Mark Wilcke negotiated the sale of a 6,855 SF industrial property, representing both the buyer, 1426 W. Broadway Group, LLC, and the seller, Capps Rent-A-Car, for $1.75 million. The property is located at 1426 W. Broadway Rd., Mesa, AZ.

Matt Harper and Kevin Higgins negotiated the sale of a 6,382 SF medical office building, representing both the buyer, Anita Ramaiah and/or nominee, and the seller, Susan H. Lindstrom, Trustee of the Lindstrom Revocable Trust, for $1.35 million. The property is located at 7285 E. Earll Dr., Scottsdale, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon negotiated the sale of a land property representing the buyer, 3915 Stock Hill, LLC, for $800,000. The property is located at 3915 N. Stockton Hill Rd., Kingman, AZ. Dwayne Patterson with RE/Max Prestige Properties represented the seller, Kerry Raymond.

Sharon Reeves negotiated the sale of a 2,700 SF retail property, representing the seller, GEOPEN, LLC, for $499,000. The property is located at 10824 N. 71st Place, Scottsdale, AZ 85254. Eric Butler with Kidder Mathews represented the buyer, Jaiveer Sandhu, LLC.

Mark Wilcke negotiated the sale of a 0.65-acre industrial property, representing the seller, Zanzach of Arizona. LLC, for $150,000. The property is located at 45 W. Olive Ave., Gilbert, AZ. Brook Miller with RE/MAX Solutions represented the buyer, Fen Investments Inc.

 Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Zipps Sports Grill, in a 120-month retail lease at 10654 N. 32nd St., Phoenix, AZ.

Mark Wilcke represented the landlord, ICC Tempe, LLC, in a 60-month industrial lease at 2929 S. Fair Lane, Tempe, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, in a 120-month retail lease for 7,250 SF with Hubbard Swim School at 1981 N. Pebble Creek Parkway, Goodyear, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, in a 120-month retail lease for 2,388 SF with Music & Arts at 1981 N. Pebble Creek Parkway, Goodyear, AZ.

Tyler Smith and Troy Giammarco represented both the tenant, Stage Left Productions, Inc., and the landlord, Arizona Property Management, LLC, in a 60-month retail lease at 11310 W. Bell Rd., Surprise, AZ.

Bruce Hanley represented the tenant, The Addison Group, in a 26-month office lease at 2398 E. Camelback Rd., Phoenix, AZ. Phillip M. Breidenbach with Colliers represented the landlord, ViaWest Group.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, New Bell Tower, LLC, in a 60-month retail lease at 4926 W. Bell Rd., Phoenix, AZ. Mona Oshana with Southwest Property Sales & Leasing represented the tenant, UR Market, LLC.

Matt Harper represented the tenant, T&T Bakery, in a 65-month retail lease at 560 N. Estrella Parkway, Goodyear, AZ. Ryan Amato with Eisenberg Company represented the landlord, Eisenberg Canyon Trails Development II, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Ken’s Nails, in a 72-month retail lease at 1635 E. Indian School Rd., Phoenix, AZ.

Mark Wilcke represented the landlord, Ann O. Richmond, LLC, in a 36-month industrial lease at 1720 E. Curry Rd., Tempe, AZ. Jim Kost with InTeam Realty, LLC represented the tenant, Recovery Solutions, Towing & Transport, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, New Bell Tower, LLC, in a 60-month retail lease at 4926 W. Bell Rd., Phoenix, AZ. Chuck Gibson with SRS represented the tenant, TruGrocer Federal Credit Union.

Troy Giammarco represented the tenant, Temple Arts, LLC, in a 60-month lease at 9635 W. Peoria Ave., Peoria, AZ. Allen Blanchard represented the landlord, D&C Holdings, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Dream Swirls Frozen Yogurt, in a 60-month retail lease at 15557 W. Roosevelt St., Goodyear, AZ

Matt Harper represented the landlord, Grand Center Plaza, LLC, in a 60-month retail lease at 11001 N. 99th Ave., Peoria, AZ.

Matt Harper represented the landlord, Robert and Arlene Thatcher, in a 26-month retail lease at 4734 W. Glendale Ave., Glendale, AZ.

Matt Harper represented the landlord, Puchhi, Inc., in a 24-month retail lease at 9501 W. Peoria Ave., Peoria, AZ.

Rick Foss represented the landlord, Friedman Anthem, LLC, in a 60-month lease at 42302 N. Vision Way, Anthem, AZ.

Matt Harper represented the landlord, Robert and Arlene Thatcher, in a 38-month retail lease at 4740 W. Glendale Ave., Glendale, AZ. Charlotte Henderson with Berkshire Hathaway Arizona Properties represented the tenant, Kimberly S. Horton and Corey D. Horton as members of Purple Gurls, LLC.

Matt Harper represented the landlord, Grand Center Plaza, LLC, in a 12-month retail lease at 11001 N. 99th Ave., Peoria, AZ.

Matt Harper represented the landlord, Sayan 26 Investment Group, LLC, in a 12-month retail lease at 4323 W. Cactus Rd., Glendale, AZ.

 

 

 

 

 

 

 

 

 

Tech expert Barry Manuel named Chief Information Officer at MEB Management

Tech expert Barry Manuel named Chief Information Officer at MEB Management

     PHOENIX, ARIZONA (May 30, 2018) – MEB Management Services, a provider of comprehensive multifamily management services throughout the Southwest, has named Barry Manuel as its new chief information officer.

A native of San Diego, Manuel will be responsible for strategic technology planning to accommodate business growth objectives for all of MEB’s companies. He joins MEB after 17 years at Shelton-Cook Real Estate Services.

Manuel earned a Master’s of Science degree in information management from Arizona State University. He is involved with the W.P. School of Business at ASU, the TechExecs Network, and Arizona Professional Networkers.

“We are very excited to welcome Barry to the MEB family,” said Jodi Sheahan, Founding Principal with MEB. “The utilization of technology in all areas of our company is critical when creating value for our clients, residents, and team members. Barry will play a significant role in driving the strategy of creating more value utilizing technology and leading the change management required.”

Manuel is married and has two teenage sons. He is an active outdoorsman and enjoys hiking, camping, and cycling. He volunteers at his church and also with the U.S. Forest Service.

 

Sigma Contracting, Inc. completes conversion of distribution center into manufacturing building for innovative construction firm

Sigma Contracting, Inc. completes conversion of distribution center into manufacturing building for innovative construction firm

 

      SCOTTSDALE, ARIZONA (May 23, 2018) – Sigma Contracting, Inc., celebrating its 35th anniversary, converted a distribution center into a manufacturing facility for Katerra, a technology-driven offsite construction company.

The exterior of Katerra’s new facility at 624 N. 44th Ave., in Phoenix.

The $7.9 million project at 624 N. 44th Ave., in Phoenix consists of 200,000 SF of manufacturing area and 40,000 SF of office space for Katerra’s design team. The manufacturing side is a single story with 28-foot clear height. The office portion is two stories.

Katerra, headquartered in Menlo Park, California, manufactures large building components off-site, particularly for the multi-family industry. It can fabricate an entire wall (including windows) off-site for final assembly at a construction site. The technique allows for lower cost and higher-quality finishes.

“Katerra’s goal is to revolutionize design and construction by creating a platform that allows them to control the entire distribution process from concept to completion, including direct buying power from other manufacturers,” said Dan Hinkson, owner and president of Sigma Contracting. “This was the first manufacturing facility to be built for Katerra, and as such, the project continuously evolved as thought processes evolved and additional employees with new thoughts and perspectives were brought on board.”

The project converted a 30-year-old distribution center to a modern, state-of-the-art manufacturing facility.  It is the first of six scheduled manufacturing plants that Katerra will operate. The Phoenix plant will produce fully-loaded wall panels, floor joists, roof joists, and has 10,000 SF dedicated to manufacturing cabinets and stone countertops.

The office houses Katerra’s engineering teams and component designers who work on the various designs that are integrated with the manufacturing equipment. In addition, the construction scope included a full-service kitchen facility that can prepare up to 500 meals a day for Katerra employees and guests. When construction was completed in late 2017, there were approximately 30 employees occupying the office portion. Today there are more than 100 staff members utilizing the office space and more than 100 working on the factory floor.

“With this rapid growth, everything about the processes and staff was new and untested,” Hinkson said. “Each new manager brought a slightly different vision as to how to best set up and run the new plant and the office space. In addition, the office, showrooms, kitchen, dining, and conference areas continued to change as demand changed due to the rapid growth in employment.

“Sigma was honored to have been on board to help bring this first factory to life for Katerra. We look forward to the innovative changes Katerra will inevitably bring to our industry,” Hinkson said.

Other team members on the project were Richard+Bauer Architecture, architect of record; and notable subcontractors Statewide Electric, Lifetime Plumbing, R&M Concrete, and J. Wolf Mechanical.

The $7.9 million project at 624 N. 44th Ave., in Phoenix consists of 200,000 SF of manufacturing area.

Katerra, headquartered in Menlo Park, California, manufactures large building components off-site, particularly for the multi-family industry.

NAI Horizon negotiates $3.23M sale of Surprise office building

NAI Horizon negotiates $3.23M sale of Surprise office building

PHOENIX, ARIZONA (May 17, 2018) – NAI Horizon represented the seller in the $3.23 million sale of an office building at 14780 W. Mountain View Blvd., in Surprise.

NAI Horizon Senior Vice President Tyler Smith, along with Marcus Muirhead of Lee & Associates, represented the seller, Surprise Mountain, LLC of Bellevue, Washington.

“The property is well designed for office or medical tenants,” Smith said. “It has abundant parking and is well located with the Banner Del Webb Medical Center in close proximity.”

Constructed in 1998, the 32,505-square-foot office building sits on 4.27 acres. It features 212 parking spaces. It is 82 percent occupied by tenants ranging from those in the medical industry to those in financial services. It is adjacent to the Del Webb community of Sun City Grand. It is located near Grand Avenue and the Loop 303 freeway.

The buyer, Development Services of America, Inc., of Scottsdale, Arizona, was represented by John Cerchiai of Lee & Associates.