by Peter Madrid | May 25, 2021 | News & Updates
PHOENIX, ARIZONA (May 25, 2021) – The sales of retail assets in Mesa, Phoenix and Apache Junction totaling $2.57 million highlight recent deals closed by NAI Horizon professionals. Recent deals also included two land sales totaling $361,000 and an office sale of $275,000.
Sale Transactions:
John Filli, SIOR negotiated the sale of a 14,060 SF retail building representing the seller, The Peter & Phyllis Eichman Trust for $1.65 million. The property is located at 2121 S. Power Road, Mesa, AZ. The buyer, KFH 2121 Power Road, LLC was represented by Aaron Klusman with Camelback Partners.
Matt Harper, CCIM negotiated the sale of a 5,881 SF retail building representing the seller, Map My Gene, LLC for $815,000. The property is located at 1920 W. Camelback Road, Phoenix, AZ. The buyer, NMAZ Holdings, LLC was represented by Adam Lam with Sperry Commercial.
Matt Harper, CCIM and Michael Gaida negotiated the sale of a 2,400 SF retail building representing the seller, Phillip Parenti and Lorena Parenti for $285,000. The property is located at 832 N. Main Drive, Apache Junction, AZ. The buyer, Larsen Family Trust was self-represented.
Matt Harper, CCIM negotiated the sale of an 871 SF office building representing the buyer, Thomas 1526, LLC for $275,000. The property is located at 1526 W. Thomas Road, Phoenix, AZ. The seller, Aaron Jackson was represented by Scott Bryant with KW Commercial.
Matt Harper, CCIM negotiated the sale of 0.67 acres of land representing the buyer, FEMAD, LLC for $199,000. The property is located at 4101 W. Bethany Home Road, Phoenix, AZ. The seller, Bodensee, LLC was represented by Walter Unger, CCIM with West USA Realty.
Joan Krueger negotiated the sale of 2.025 acres of land representing the seller, Stephens Family Trust for $162,000. The property is located at 25600 W. MC Hwy 85, Buckeye, AZ. The buyer, David and Maria Garcia was self-represented.
Lease Transactions:
Mike Myrick, CCIM represented the tenant, Jason C. Harrill DPM in a 125-month medical office lease for 5,521 SF at 1520 S. Dobson Road, Mesa, AZ. The landlord, VTR Desert Samaritan, LLC was represented by Lael Crompton with PMB Real Estate Services.
Matt Harper, CCIM represented the landlord, Puchhi, Inc. in a 63-month retail lease for 2,480 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, Mattress by Appointment of Scottsdale, LLC was self-represented.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, RDEV Ranch, LLC in a lease renewal for 12,000 SF at 1036 E. Southern Ave., Mesa, AZ. The tenant, Muebleria Del Sol was self-represented.
Joe Pequeno and Troy Giammarco represented the landlord, Steve Iskhakov in a 25-month office lease for 2,225 SF at 4433 N. 19th Ave., Phoenix, AZ. The tenant, Fresh Start Behavioral Services was represented by Doug Scott with EXP Realty, LLC.
Thomas Bean, CCIM and Laurel Lewis represented the landlord, State Bar of Arizona in a 12-month office lease for 1,073 SF at 4201 N. 24th St., Phoenix, AZ. The tenant, The Ramos Injury Firm, LLC was represented by Tanner Digby with Marcum Commercial Advisors.
Matt Harper, CCIM represented the landlord, Kayrich Associates, LLC in a 24-month retail lease for 1,344 SF at 6445 N. 51st Ave., Glendale, AZ. The tenant, Handy Lanfourd & Maria Flores was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, Select Home Care Phoenix, LLC in a 24-month office lease for 1,168 SF at 638 W. Broadway Road, Mesa, AZ. The landlord, Reliance Management was self-represented.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.
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by Peter Madrid | May 20, 2021 | News & Updates
PHOENIX, ARIZONA (May 20, 2021) – NAI Horizon is pleased to announce it has hired marketing and design expert Meg Zemlicka as its new Marketing Manager.
Zemlicka will be responsible for all marketing collateral that aligns with NAI’s branding initiatives for the firm’s agents.
Zemlicka joins NAI Horizon after spending 2 years as Marketing Coordinator and Director of Marketing and Member Services for the Arizona Association of Economic Development (AAED). Prior to that, she was a graphic designer at Northern Arizona University.
While at AAED, Zemlicka helped restructure the AZED Pro course requirements and updated The Academy brand. She also assisted in developing the Economic Development Week Campaign for 2020 which won an award from the International Economic Development Council. Zemlicka helped refresh the AAED brand to reflect the internal shift in leadership.
Zemlicka will be a panelist on May 26 at the AAED’s marketing symposium – Small Investment, Big Impact.
“I am thrilled to have Meg on our NAI team. Her talent and experience will allow us to accelerate our marketing strategies and move our vision forward,” said Terry Martin-Denning, NAI Horizon CEO/Designated Broker. “Her connection to the economic development community through her AAED relationships will benefit NAI and our clients.”
Zemlicka, a native of Connecticut who grew up in Prescott, earned a BS in 2012 in environmental studies from NAU. In 2019 she earned a BFA in graphic design, also from NAU.
Away from the office, Zemlicka enjoys spending time with her family. She and her husband have an 18-month-old daughter.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.
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by Peter Madrid | May 19, 2021 | News & Updates
PHOENIX, ARIZ. (May 19, 2021) – Commercial real estate’s leading annual awards, the Best of NAIOP, returned to a live event after a virtual presentation last year because of the COVID-19 pandemic.
What a celebration it was. The Arizona Chapter of NAIOP safely handed out awards in 34 categories at the Westworld of Scottsdale on May 12.
“Despite the COVID-19 pandemic, the number of Best of NAIOP applications received for 2020 rivaled recent years, which is a testament to the positive momentum in the Arizona commercial real estate industry,” said Jeff Foster, Prologis and CJ Osbrink, Newmark Knight Frank, Best of NAIOP Chairmen. “We want to extend our utmost appreciation to the NAIOP staff, NAIOP Board of Directors, and the Best of NAIOP committee volunteers for all the hard work and time they have put forth to making this such a tremendous evening.”
The 2020 Best of NAIOP honors the prior year’s most successful projects, companies, and individuals within the commercial real estate industry (office/medical office, industrial, and retail). NAIOP Arizona also presents an Award of Excellence. In 2020 it went to R. Craig Coppola with Lee & Associates Arizona.
Butler Design Group kept its win streak alive, bringing home its ninth straight Architect of the Year award. Willmeng scooped up three awards: Firm of the Year, General Contractor of the Year and Tenant Improvement Contractor of the Year.
Other company winners were Cushman & Wakefield, Brokerage Firm of the Year; Phoenix Design One Inc., Interior Architect of the Year; and Lincoln Property Company, which repeated as Owner/Developer of the Year.
In the brokerage awards, CBRE captured three honors.
“As expected, our members and corporate sponsors rose to the occasion resulting in an event marked by camaraderie, high-energy, and world-class sophistication,” said 2021 NAIOP Arizona Chairman Danny Swancey, ViaWest Group.”
2020 Best of NAIOP Winners:
Award of Excellence: R. Craig Coppola, Lee & Associates Arizona
Architect of the Year: Butler Design Group
Brokerage Firm of the Year: Cushman & Wakefield
Firm of the Year: Willmeng
General Contractor of the Year: Willmeng
Interior Architect of the Year: Phoenix Design One, Inc.
Owner/Developer of the Year: Lincoln Property Company
Tenant Improvement Contractor of the Year: Willmeng
NAIOP Arizona’s Official Branding Sponsor: TRADEMARK
Developing Leader of the Year: Michael Strittmatter, CBRE
Emerging Broker of the Year: James Cohn, CBRE
Healthcare Broker of the Year: Perry Gabuzzi, Margaret Lloyd, Bill Cook and Mike McWilliams, Plaza Companies
Industrial Broker of the Year: Tony Lydon, Marc Hertzberg, Riley Gilbert and John Lydon, JLL
Investment Broker of the Year: Will Strong, Cushman & Wakefield
Office Broker of the Year: Kevin Calihan and Bryan Taute, CBRE
Retail Broker of the Year: Dave Cheatham and Darren Pitts, Velocity Retail Group, LLC
Rookie Broker of the Year: Matt Baniszewski, Colliers International
Tenant Representative Broker of the Year: Pat Williams, JLL
Economic Impact Project of the Year: Novus Innovation Corridor – Phase III
Industrial Build-to-Suit Project of the Year: Amazon Final Mile Facility (DPX7)
Industrial Tenant Improvement Project of the Year: Amazon GYR3 IXD
Medical Office Project of the Year: Wexford PBC1
Mixed-Use Project of the Year: The Collab
Office Build-to-Suit Project of the Year: Helios Education Foundation Campus and Vince Roig Convening Center
Office TI Project of the Year (Less Than 60,000 SF): Carvana HQ3
Office TI (More Than 60,000 SF): DoorDash
Redevelopment Project of the Year: ADOT Flagstaff offices
Retail Project of the Year: Volvo Arrowhead Dealership and Site Development
Spec Industrial Project of the Year (Less Than 365,000 SF): Gilbert Crossroads
Spec Industrial Project of the Year (More Than 365,000 SF): Chandler Airport Commerce Park
Spec Office Project of the Year: Union Building 1
Sustainable Project of the Year: 777 Tower at Novus Innovation Corridor
Transaction of the Year: Grand2
Talk of the Town: 777 Tower at Novus Innovation Corridor and Grand2/DoorDash (tied)
NAIOP, the Commercial Real Estate Association, is a 20,000+ member organization in North America that promotes responsible commercial real estate development and advocates for effective public policy. It is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP provides unparalleled industry networking and education, and advocates for effective legislation on behalf of our members.
by Peter Madrid | May 19, 2021 | News & Updates
PEORIA, ARIZ. (May 19, 2021) – Wakeman Integrity, LLC, a woman-owned commercial real estate brokerage firm, closed a pair of office complex sales totaling $3.53 million, representing the buyer in one deal and representing the seller in the second deal.
President/Designated Broker Melynn Wakeman represented the buyer, 6155 E. Indian School, LLC of Scottsdale, Arizona, in the $2.6 million acquisition of Arcadia Green, a garden office complex at 6155 E. Indian School Road, in Scottsdale.
Wakeman represented the seller, Sunny Internal Medicine and Pediatrics, PLLC of Avondale, Arizona, in the $925,000 disposition of Coronado Professional Plaza, a medical office condominium at 3400 N. Dysart Road, Suite B127, in Avondale.
“Given how robust the market is today, we were thrilled for the opportunity to acquire the much sought-after Arcadia Green property for our well-deserved client, in his first commercial transaction,” Wakeman said. “The medical office sale in Avondale was one of the only medical offices available in the market, resulting in multiple offers near the $300-per-square-foot price range, which allowed our clients, a husband-and-wife physician team, to take a portion of the funds to pay off their medical school loan debt. A true win, win for all.”
Arcadia Greens totals 10,800 SF with more than 200 feet of frontage on Indian School Road. It features low-water desert landscaping and solar panels that keep expenses down. The building was designed to take advantage of the spectacular views of Camelback Mountain from the second floor. Wakeman Integrity holds the lease listing for the building. The owner plans on occupying 1,000 SF in the asset.
Coronado Professional Plaza totals 3,127 SF of medical office space in the bustling West Valley. The medical office condo offers 10 exam rooms, a procedure room, two ADA restrooms, a lab, two separate waiting areas for both sick and well patients, and one private office. It is located within 5 miles of Abrazo West Valley Medical Campus Level 1 Trauma Center in Goodyear, Arizona.
In the Scottsdale deal, Adam Tolson with Lee & Associates Arizona represented the seller, BHG Commercial, LLC of Scottsdale. In the Avondale deal, Rich Andrus with Menlo Group Commercial Real Estate represented the buyer, SWGI Land Holdings, LLC of Avondale.
For more information visit www.integrityRealty4U.com.
Coronado Professional Plaza, a medical office condominium at 3400 N. Dysart Road, Suite B127, in Avondale.
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by Peter Madrid | May 18, 2021 | News & Updates
GILBERT, ARIZ. (May 18, 2021) – Benson Systems, a security and life safety systems provider specializing in testing, design, installation, support, and maintenance, announced it has been awarded the 1GPA (1Government Procurement Alliance) contract under the Fire, Security, and Communication System Solutions category.
The contract is effective May 1 and may be renewed annually for up to an additional four years, if mutually agreed to by 1GPA and Benson Systems. The Benson Systems contract may be utilized anywhere in the U.S.
The contract allows for state/local government, tribal, and K-12/higher education 1GPA members to purchase Benson’s services and remain in compliance with procurement rules. 1GPA has completed the competitive bidding process necessary for public entities.
“With our fire and security systems, organizations get proven procurement advantages and the latest in technology,” said Eric Benson, CEO of Benson Systems. “We work each day to simplify the never-ending tasks that come with growth and innovation.
“We offer a single solution – design, build, and maintenance of fire life safety, security, and communication systems,” Benson said.
1GPA is a national non-profit, governmental purchasing cooperative that allows public entities to take advantage of 1GPA’s contracts to purchase the goods and services they need from local and national vendors.
Benson Systems provides all types of low voltage, HVAC, and plumbing solutions. Benson Systems constantly evaluate the latest technologies and industry practices to ensure it optimizes system performance and value. By understanding local, state, and federal regulations, Benson Systems provides essential insight to effectively meet requirements and identify any industry-specific risks.
All 1GPA contracts are approved and awarded by 1GPA’s lead governmental entities and are available for use and benefit of all entities complying with their state procurement laws and regulations.
Benson Systems is a member of the Arizona Association of School Business Officials, Arizona Multihousing Association, and Arizona Builders Alliance.
About Benson Systems
Founded in 1991, Benson Systems performs security, life safety, low voltage building technologies, HVAC, plumbing, IT as a service (ITaaS), and electronics restoration, providing a complete suite of services including design, installation, support, and maintenance. Benson specializes in education, healthcare, hospitality, municipalities, and commercial markets. Offering a collaborative advantage to our customers with multi-tier offerings, Benson Systems delivers a true value proposition for blended building technologies and services. For more information visit bensonsys.com.
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by Peter Madrid | May 18, 2021 | News & Updates
PHOENIX, ARIZONA (May 18, 2021) – NAI Horizon has expanded its Phoenix office with the hiring of two new professionals – an agent to work with the Investment Services Group (ISG) and a new marketing coordinator.
Cole Neville joins NAI Horizon as an agent and will assist the ISG team of Lane Neville and Logan Crum, focusing on investment sales of multi-tenant office and retail properties. Neville will also provide market research, prospect identification and transactional management. During his training period he will also work closely with the research and marketing departments.
Neville previously worked in corporate sales at CDW, an IT hardware and software provider. He received his bachelor’s degree from the University of Kansas in 2017 with a major in political science and minor in psychology. Neville is a native of Scottsdale, Arizona.
Neville’s hobbies include cryptocurrency, sport shooting, watching Kansas basketball and watching UFC bouts.
Sabrina Drummond
Sabrina Drummond joins NAI Horizon as marketing coordinator. Drummond will play an active role in the office’s marketing efforts, graphic design and social media management.
Drummond previously worked at Goldwater Bank, NA, in its Depository and Mortgage Division. She was responsible for marketing, corporate communications, onboarding and training, project management and website design on a corporate, branch and individual level.
A native of Fremont, California, Drummond moved to Arizona in 2011. She earned her BSW and BS in criminology and criminal justice and a master’s in criminology, all from Arizona State University.
Away from the office, Drummond enjoys traveling, indoor cycling, reading and DIY projects.
“I’m excited to welcome Cole and Sabrina to our NAI team,” said Terry Martin-Denning, NAI Horizon CEO/Designated Broker. “These two bright young people help us further our vision of growing our team with individuals who bring energy, talent and a strong work ethic to our firm.”
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.
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by Peter Madrid | May 11, 2021 | News & Updates
PHOENIX, ARIZONA (May 11, 2021) – NAI Horizon professionals closed recent deals totaling $14.67 million in a variety of property types including church real estate, a self-storage facility and industrial and retail buildings.
Sale Transactions:
Denise Nunez and Victoria Filice negotiated the sale of a self-storage facility, representing both the buyer, Elmdale Ventures, LLC and the seller, Gerald Bernat/Bernat Development Company for $8.135 million. The property is located at 11181, 11245, 11241, 11221 Giordano Court, Huntley, IL.
Lane Neville and Logan Crum negotiated the sale of a 12,380 SF retail building representing the seller, JAM Apache Trail, LLC for $2.341 million. The property is located at 2430 W. Apache Trail, Apache Junction, AZ. The buyer, Olive Pearl, LLC was represented by Steve Ghirado with Ghirado Real Estate Group.
Thomas A. Smith negotiated the sale of a 12,644 SF church building representing the seller, Gloria Dei Evangelical Lutheran Church for $2.41 million. The property is located at 3539 E. Stanford Drive, Paradise Valley, AZ. The buyer, HOH PV, LLC was represented by Waseem Hamadeh with Venture REI.
Thomas A. Smith negotiated the sale of a 3,340 SF church building representing the buyer, The Trinity Church for $740,000. The property is located at 14201 N. Hayden Road, Scottsdale, AZ. The seller, Brad White and Lori White was represented by Tim Whipple with Hub Commercial.
Joan Krueger negotiated the sale of a 1,100 SF industrial building representing the seller, Heath Sullivan for $650,000. The property is located at 1365 W. Broadway Road, Mesa, AZ. The buyer, Nicholas Lagusis and Sam Lagusis was self-represented.
Matt Harper, CCIM negotiated the sale of a 480 SF retail building representing the seller, HEMAD, LLC for $400,000. The property is located at 6147 N. 59th Ave., Glendale, AZ. The buyer, Primos Holdings, LLC was self-represented.
Lease Transactions:
Thomas A. Smith represented the landlord, HOH PV, LLC in a 24-month church lease for 12,644 SF at 3539 E. Stanford Drive, Paradise Valley, AZ. The tenant, Blessings Community Church was represented by Lorence Zimbaum with Paramount Ventures.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, AZ Firehosers 3, LLC in a 120-month retail lease for 1,800 SF at 3434 W. Greenway Road, Phoenix, AZ. The landlord, Kash Capital, LLC was represented by Trask Switzenberg with Kidder Mathews
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, CP6ARP, LLC in a 60-month retail lease for 3,974 SF at 18561 N. 59th Ave., Glendale, AZ. The tenant, Yesvee Foods, LLC was represented by Paul Holland with Colliers.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Structures Cabinet and Design, LLC in a 67-month retail lease for 1,708 SF at 3246 E. Baseline Road, Mesa, AZ. The landlord, Whitestone Village Square at Dana Park, LLC was represented by Ingrid Tucker.
Dylan Whitwer and Laurel Lewis represented the tenant, Stephen W. Johnson, DDS, PLLC in a 61.5-month medical office lease for 2,053 SF at 15730 N. 83rd Way, Scottsdale, AZ. The landlord, T and B Properties of Arizona, LLC was represented by Randy Shall, John Quartinin and Suzanne Enright with Shell Commercial.
Mike Myrick, Don Morrow and Dylan Whitwer represented both the landlord, GGH, LLC and the tenant, BeginRight, Inc. in a 60-month office lease for 1,467 SF at 3138 E. McDowell Road, Phoenix, AZ.
Laurel Lewis represented the landlord 14200 N. Northsight Boulevard 140, LLC in a 38-month office lease for 1,217 SF at 14220 N. Northsight Blvd., Scottsdale, AZ. The tenant, PPH Franchise Holdings, LLC was represented by Sam Jones with Colliers.
Joe Pequeno and Troy Giammarco represented the tenant, Sentinel Offender Services, LLC, in a 26-month office lease for 2,480 SF at 3806 N. 3rd St., Phoenix, AZ. The landlord, Lawrence Forsyte was self-represented.
Matt Harper, CCIM represented the landlord, 43rd Avenue, LLC in a 52-month retail lease for 1,531 SF at 9250 N. 43rd Ave., Glendale, AZ. The tenant, Ressuscite, LLC was represented by Jeff Harris with Helix.
Joe Pequeno and Troy Giammarco represented the tenant, Sycamore Integrated Health, LLC in a 26-month office lease for 1,969 SF at 1921 S. Alma School Road, Mesa, AZ. The landlord, Canyon Ridge Realty/Fiesta Corporate Center, LLC was self-represented.
Matt Harper, CCIM represented the landlord, Puchhi, Inc. in a 24-month retail lease for 2,480 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, BCF, LLC was self-represented.
Matt Harper, CCIM represented the landlord, 43rd Avenue, LLC in a 39-month retail lease for 1,040 SF at 9250 N. 43rd Ave., Glendale, AZ. The tenant, Monicakes, LLC was represented by Carrie Black with Russ Lyon.
Matt Harper, CCIM represented the landlord, Grand Center Plaza, LLC in a 26-month retail lease for 2,214 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Henry G. Martinez was self-represented.
Joe Pequeno and Troy Giammarco represented the landlord, Southwest District Council in a 37-month office lease for 600 SF at 7840 N. 31st Ave., Phoenix, AZ. The tenant, Bolay’s Solutions, was self-represented.
Matt Harper, CCIM represented the landlord, 43rd Avenue, LLC in a 12-month retail lease for 2,090 SF at 9250 N. 43rd Ave., Glendale, AZ. The tenant, KAR Brothers Enterprises, LLC was self-represented.
Matt Harper, CCIM represented the landlord, Grand Center Plaza, LLC in a 12-month retail lease for 1,107 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Roberto R. Gonzales Sr., Steven D. Gonzales and Cristhabel Gonzalez was self-represented.
Matt Harper, CCIM represented the landlord, E&L Investments, LLC in a 12-month retail lease for 1,000 SF at 12416 N. 28th Drive, Phoenix, AZ. The tenant, Alesiah Williams was self-represented.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.
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by Peter Madrid | May 6, 2021 | News & Updates
CHANDLER, Ariz. (May 6, 2021) – Paragon Development Group recently closed on the $3.1 million purchase of 15.67 acres in the Southeast Valley. The site, located on the NEC of West Southern Avenue and South Meridian Road in Apache Junction, Arizona, is slated to become Hampton Meridian, a new 195-unit luxury build-to-rent community. The new community will provide residents with convenient and direct access to US 60, and offers a low-maintenance, luxurious lifestyle in a gated and private community. Construction of the site is beginning immediately, with its first units expected to be available in March 2022.
Modeled after its Arizona Multihousing Association award-winning community Hampton East, Paragon Development Group is creating Hampton Meridian with one-, two- and three-bedroom attached and detached residences ranging in size from 645 square feet to 1,295 square feet. Community amenities will include a pool, spa, sundeck, outdoor kitchens, fitness center and fire pit in addition to community lawns and open spaces, community pedestrian paths, dog park and onsite property management.
“Following the success of our communities in Mesa, Paragon has identified the continuation of the growth from Mesa into western Apache Junction and along the US 60 as a prime opportunity to bring our luxury residential rental option without a mortgage, HOA and other homeownership burdens to our residents,” said Bruce Dunn, president of Paragon Development Group. “The demand for convenient, new and well-located residential rental choices in the US 60 corridor and within 30 minutes to Downtown Phoenix contributed significantly to Paragon’s decision to develop another of its build-to-rent communities in the Southeast Valley submarket, and we are excited to be growing here.”
Consistent with Paragon’s other build-to-rent community neighborhoods, Hampton Meridian will utilize Tempe-based HercuTech’s HercuWall® panelized structural wall system consisting of concrete, steel, polyester film and insulating foam. In addition to creating nearly soundproof residences, HercuWall® will enable The Hampton Meridian residents to achieve energy savings up to 40% as compared to residences built without HercuWall®.
“The combination of location, design, amenities, efficiency and the use of HercuWall® are integral parts of The Hampton Meridian’s consistency with our other communities,” said Paragon executive vice president Scott Turkington.
Hampton Meridian’s pet-friendly residences will include ample covered parking, optional garages, private backyards and front entries, open floor plans, 10-foot ceilings, granite and quartz countertops, full size washers and dryers and stainless-steel appliances.
Rental rates for the Hampton Meridian residences will be released prior to opening and will be competitively priced with surrounding community rentals and Class A apartments.
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by Peter Madrid | Apr 28, 2021 | News & Updates
PHOENIX, ARIZONA (April 28, 2021) – Arizona Multihousing Association, the statewide trade group for the apartment industry, has announced the finalists for the 29th Annual AMA/Cox Communications Tribute Awards.
The 2020 Tribute Awards was a virtual event as COVID-19 forced organizations and businesses to lockdown. This year’s event on August 13 will return to an in-person gathering at a Phoenix venue to be announced.
AMA received a record 755 nominations from 33 member companies. Volunteers also donated 700 hours of their time to judge in the initial round.
AMA is the statewide trade association for the apartment industry, representing more than 300,000 rental housing units and 2,300 members in legislative, legal and regulatory matters. The AMA provides services, products, educational programs and networking opportunities to promote ethical, quality rental housing throughout Arizona.
2021 AMA Tribute Awards finalists
Property Supervisor
- Greg Flatt, MC Residential
- Monica Gatlin, PB Bell
- Bertha Soto, Shelton Residential
- Ashley Tran, Mark-Taylor Residential
- Denise Trentacosta, MEB Management Service (Tucson)
Community Manager 1-199
- Jennifer Bagwell, Monaco at McCormick Ranch, Greystar Real Estate Partners
- Christina Carrano, Villa Vita, Mark-Taylor Residential
- Maria Flores, Bungalows on Jomax, Baron Property Services, LLC
- Lauren McCauley, Lex on Central, Baron Property Services, LLC
- Alanna Taylor, The Standard, Greystar Real Estate Partners
Community Manager 200-299
- Scott Allen, iLuminate/Linear, Baron Property Services, LLC
- Yvettee Oviedo, The Place at Wickertree, MC Residential
- Brian Parker, Montero at Dana Park, Baron Property Services, LLC
- Lindsay Schultz, Vela, Shelton Residential
- Chrisman Swanson, The Place at Riverwalk, MC Residential
Community Manager 300+
- Teresa Garr, San Tan by Baron, Baron Property Services, LLC
- Xenia Higgins, The Ryan, Greystar Real Estate Partners
- Stephanie Mathrusse, The Palms on Scottsdale, Mark-Taylor Residential
- Ciera Moraga, The Halsten, Mark-Taylor Residential
- Kim Ritch, Lake View at Superstition Springs, MG Properties
Community Manager OTV
- Ruben Chavez, Valley View, Nicolosi & Fitch, Inc.
- Gina Desisto, Circ Tucson, Greystar Real Estate Partners
- Samantha Devoe, The Colony, Greystar Real Estate Partners
Assistant Manager
- Michelle Alcantar, Biscayne Bay, MG Properties
- Danny Kwon, Aspire Pinnacle Peak, Weidner Apartment Homes-Arizona
- Stacey Marek, LakeView at Superstition Springs, MG Properties
- Rachelle Ralston, Scottsdale Horizon, MG Properties
- Crystal Summer, Villa Vita, Mark-Taylor Residential
Leasing Consultant
- John Drown, The Catherine, Security Property Residential
- Amanda Green, San Lagos, Mark-Taylor Residential
- Andrew Lopez, The Palms on Scottsdale, Mark-Taylor Residential
- Levi Shaw, Copper Falls, P.B. Bell
- Troy Row, Acero Cooley Station, IDM Apartments AZ, LLC
Regional Service Supervisor
- Casey Hale, P.B. Bell
- Kyle Kik, MG Properties
- Ricardo Salinas, MC Properties
- Kris Servidio, Mark-Taylor Residential
- Johani Villanueva, Avanti Residential, LLC
Service Supervisor 1-199
- Young Baek, Villa Vita, Mark-Taylor Residential
- Thomas Bray, Connect on Union, Western Wealth Communities
- Elmer Merida, Franmar Manor, MEB Management Services
- Darin Minemyer, Sunwood, Shelton Residential
- Michael Pantoja, Avilla Camelback, MEB Management Services
Service Supervisor 200+
- Andrew Keel, The Halsten, Mark-Taylor Residential
- Chris Owen, Summerly at Zanjero, Greystar Real Estate Partners
- Randy Risley, Visconti at Camelback, Greystar Real Estate Partners
- David Robinson, Cadia Crossing, Olympus Property Management
- Don Underwood, Sonoran, MG Properties
Service Supervisor OTV
- John Ayers, Parkcrest, Shelton Residential
- Christopher Hazlett, Riverstone, HSL Asset Management-Tucson
- Art Torres, Dakota Canyon, Nicolosi & Fitch, Inc.
Service Technician
- Joseph Bynum, Elevation Chandler, Olympus Property Management
- Branden Mondoc, Cielo on Gilbert, Avanti Residential, LLC
- Stephen Munyon II, Noria Robson Luxury Apartment, P.B. Bell
- Trevor Terrell, Estate on Maryland Apartments, BH Management Services
- Mark VanBuren, Tamarron, Shelton Residential
Housekeeper
- Vernice Chavarria, iLuminate, Baron Property Services, LLC
- Cecilia Jones, Residences at 4225, Greystar Real Estate Partners
- Elizabeth Lugo, Sonoran Reserve, Scotia Group Management, LLC
- Jonathan Schuermann, Broadstone Waterfront, Greystar Real Estate Partners
- Cheri Stroud, Paradise at P83, P.B. Bell
Best Community Team Prior to 2002
- Aventerra at Dobson Ranch, BH Management
- Biscayne Bay, MG Properties
- The Lex, Baron Property Services, LLC
- Miramonte, P.B. Bell
- Vaseo, Greystar Real Estate Partners
Best Community Team 2002-2012
- Ascent at Papago, MG Properties
- Palm Trails, Avanti Residential, LLC
- San Tan by Baron, Baron Property Services, LLC
- San Hacienda, Mark-Taylor Residential
- The Tamarron, Shelton Residential
Best Community Team 2013-2020
- Linear iLuminate, Baron Property Services, LLC
- Optima Sonoran Village, Optima Realty Inc.
- Paradise at P83, P.B. Bell
- Summerly at Zanjero, Greystar Real Estate Partners
- The Local, Mark-Taylor Residential
Best Community Team – OTV
- Aspen Leaf, MEB Management Services
- Missions at Sentinel Peak, Quarterpenny Management
- Retreat at Speedway, Weidner Apartment Homes – Arizona
Best Community Team – Student Housing
- Aspire Tucson, BH Management
- Paseo on University, Greystar Real Estate Partners
- University Villas at Ironwood, Shelton Residential
Industry Partner of the Year
- Terry Bridges, Rose Paving, LLC
- Bry Carter, The Phoenix Staffing
- Noelia Coria, Kowalski Construction
- Daniel Vollmer, Blue Steel Security
- Chris Walker, Law Offices of Scott M. Clark
Industry Partner of the Year – Tucson
- Tim Furnas, Avalanche Security Solutions
- Sarah Marcarian-Dabb, Redi Carpet
- Judy Kirckey-Prohow, Law Offices of Scott M. Clark, P.C.
Volunteer of the Year
- Mike Johnson, HSL Asset Management-Tucson
- Rachael Kish, Shelton Residential
- Luis Verger, Shelton Residential
Volunteer of the Year – Tucson
- Kimberly Barrow, MEB Management Services
- Kim Fitch, Nicolosi & Fitch, Inc.
- Lisa Jones, HSL Asset Management-Tucson
Arizona Executive of the Year
- Mark Schilling, MEB Management Services
- Justin Steltenpohl, P.B. Bell
- Bob Venberg, PEM Real Estate Group
Corporate Employee of the Year
- Jennifer Baird, HSL Asset Management-Tucson
- Suzie Christenson, MEB Management Services
- Ian Dangerfield, Greystar Real Estate Partners
- Khara House, Bella Investment Group
- Gianna Negretti, Greystar Real Estate Partners
Developers Award – Garden
- Acero Cooley Station, IDM Apartments AZ, LLC
- Copper Falls, P.B. Bell
- Senderos on South Mountain, MEB Management Services
Developers Award – Low/Mid Rise
- Camden North End II, Camden Property Trust
- Paradise at P83, P.B. Bell
- The McKinley, Baron Property Services, LLC
Renovated Community of the Year
- Camelback Flats, BH Management
- Haven at South Mountain, Shelton
- San Tan by Baron, Baron Property Services, LLC
Affordable Community of the Year
- Cottonwood Crossing, Shelton Residential
- Encore on First West, MEB Management Services
- Tanner Gardens, MEB Management Services
For more information, visit azmultihousing.org.
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by Peter Madrid | Apr 28, 2021 | News & Updates
PHOENIX, ARIZONA (April 28, 2021) – NAI Horizon represented JAM Apache Trail, LLC in the $2.34 million disposition sale of Apache Trail Marketplace, a 12,380 SF, multi-tenant retail property located at 2430 W. Apache Trail in Apache Junction, Arizona.
NAI Horizon Executive Vice President Lane Neville and Senior Associate Logan Crum represented the seller. The buyer, Olivia Pearl, LLC, was represented by Ghirardo Real Estate Group, Steve Ghirardo.
“Apache Trail Marketplace is a well-maintained and attractive property with longstanding tenants,” Neville said. “A unique attribute of this retail property is it is anchored by a strong medical tenant.
“Arizona Skin & Laser Therapy Institute, one of Arizona’s most renowned and regarded dermatology practices, occupies approximately 50 percent of the property with the longest lease term. Arizona Dermatology is a stabilizing force and a strong draw for the property,” Neville said.
Other key tenants include Cricket Wireless, Fatman’s Pizza and Kure Corp.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit www.naiglobal.com.
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