News & Updates

Lane Neville is Top Producer of 2020, NAI Horizon elevates numerous brokers to leadership roles

News & Updates

by Peter Madrid | Mar 24, 2021 | News & Updates

PHOENIX, ARIZONA (March 24, 2021) – NAI Horizon elevated a number of professionals to leadership positions as the brokerage and property management firm continued to grow in the midst of a trying year.

Lane Neville, who was promoted to Executive Vice President, was the office’s top producer for 2020. Denise Nunez, last year’s top producer was No. 2 on the list and was promoted to Managing Director.

Neville has been with NAI Horizon for 10 years. He is the brokerage team leader for the Investment Services Group (ISG) and the Special Asset Solutions group (SAS). Besides garnering Top 10 producer honors in 2020, he also closed the firm’s largest sale transaction last year. Neville has been a Top 10 producer at NAI Horizon for the past 9 years.

Nunez, who has been with NAI Horizon for 6 years, leads the Nunez Self Storage Group. She possesses more than 28 years of self-storage expertise and $300 million in total sales. She was also the Top Producer for 2018 at NAI Horizon and has been in the Top 10 for the past five years.

Other brokerage professionals among the Top 10 producers of 2020 who were promoted include Mark Wilcke, to Executive Vice President; Matt Harper, CCIM, to Senior Vice President; and Troy Giammarco, Mike Kumelski, and Andrew Warner, to First Vice President.

“The performance of our Top 10 for 2020 was exceptional,” NAI Horizon CEO/Designated Broker Terry Martin-Denning said. “This group stayed engaged and focused, working hard to help their clients navigate the market and find opportunities in a very challenging year.”

NAI Horizon’s broker ownership platform allows agents to benefit from both personal achievement and the success of the company while encouraging a collaborative culture. This platform prioritizes broker needs while offering global reach and resources.

The list of 2020 Top Producers reflects the success of the broker ownership platform and the overall positive trends in the Phoenix commercial real estate market with a range of specialties represented: investment sales, industrial, office, self-storage and retail properties.

NAI Horizon’s 2020 Top Producers:

Lane Neville, Investment Sales / Land
Denise Nunez, Investment Sales – Self Storage
Isy Sonabend, Industrial
Mark Wilcke, Industrial / Land
Matt Harper, CCIM, Retail
Andrew Warner, Investment Sales – Manufactured Housing
Laurel Lewis, Office
Mike Kumelski, Retail
Troy Giammarco, Office
Rick Foss, Industrial

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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.

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.

by Peter Madrid Mar 24, 2021

Pair of land sales totaling nearly $5M highlight recent deals by NAI Horizon professionals

News & Updates

by Peter Madrid | Mar 23, 2021 | News & Updates

PHOENIX, ARIZONA (March 23, 2021) – Two land sales totaling almost $5 million – one in Phoenix and another in Casa Grande – highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:

Isy Sonabend and Drew Eisen negotiated the sale of 10 acres of land representing the seller, 4 P’s LLLP for $4.57 million. The property is located at 3232 S. 48^th Street, Phoenix, AZ. The buyer, ViaWest was self-represented.

Dylan Whitwer, Laurel Lewis and Don Morrow negotiated the sale of a 1,800 SF office building representing both the seller, E&R Real Estate, LLC and the buyer, The Estancia Community Association, Inc. for $345,000. The property is located at 10025 E. Dynamite Blvd., Scottsdale, AZ.

Mark Wilcke negotiated the sale of 15 acres of land representing both the seller, SW-DEVCO 4, LLC and the buyer, LKY VAL VIST 15, LLC for $225,000. The property is located west of the SWC I-10 & Val Vista Road, Casa Grande, AZ.

Lease Transactions:

Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Freshly Laid Arcadia, LLC in a 60-month retail lease for 1,792 SF at 3701 E. Indian School Road, Phoenix, AZ. The landlord, Gaslight Square Retail, LLC was represented by Jared Lively with Rein & Grossoehme.

Rick Foss and Jay Olson represented the landlord, Freidman Anthem, LLC in a 60-month industrial lease for 5,400 SF at 42302 N. Vision Way, Anthem, AZ. The tenant, NDUREnergy, LLC was self-represented.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, RDEV Ranch, LLC in a 60-month retail lease for 1,307 SF at 1134 S. Stapley Dr., Mesa, AZ. The tenant, Luis and Esmerelda Gonzalez was self-represented.

Thomas Bean, CCIM and Jay Mininberg, J.D. represented both the landlord, Tempe CC, LLC and the tenant, Core One Consulting US, LTD in a 38-month office lease for 1,239 SF at 4515 S. McClintock Dr., Tempe, AZ.

Troy Giammarco and Joe Pequeno represented the landlord, Preach, Inc. in a 12-month office lease for 4,000 SF at 601 N. Jackrabbit Trail, Buckeye, AZ. The tenant, OCM, LLC was self-represented.

Troy Giammarco and Joe Pequeno represented the landlord, Avondale Medical Campus, LLC in a 25-month office lease for 1,160 SF at 18001 N. 79^th Ave., Glendale, AZ. The tenant, G&G Masonry, LLC 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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. NAI Global completes in excess of $20 billion in commercial real estate deals.

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.

by Peter Madrid Mar 23, 2021

Construction industry expert Ron Harman retires as GM of Coreslab Structures, Inc. after almost 40 years, more than 1,300 projects in the Southwest

News & Updates

by Peter Madrid | Mar 18, 2021 | News & Updates

PHOENIX, ARIZ. (March 18, 2021) – Ron Harman, whose career includes work on the iconic Burton Barr Central Library in Phoenix and development of precast concrete design, has retired after almost 40 years at Coreslab Structures, Inc., the last 16 as General Manager.

Harman joined Stanley Structures in 1982 as quality control manager and continued with Coreslab Structures as plant manager. He served as Vice President/Assistant General Manager for 4 years and was promoted to General Manager/Vice President in 2005.

Harman will serve as a consultant to the Coreslab plant in Albuquerque, New Mexico.

“Ron worked tirelessly to improve efficiency and to increase profits handling the overall operations of the company and division. He is a consummate professional. His signature as a leader at Coreslab is very evident around the Valley and the Southwest,” said Rick Reichenberg, who was promoted to GM in January as Harman’s replacement. Reichenberg, who has been with Coreslab for 28 years, was promoted from Vice President/Sales and Marketing.

Harman was instrumental to the precast concrete business by making the decision to extend the double-tee beds out from 500 feet to 570 feet, making the plant more efficient with an increased capacity of Double Tee production to 100,000 SF per week.

“It was a banner year for us in 2010 with the introduction of the 12-foot wide Double Tee and the completion of Fountainhead Office Plaza in Tempe,” Harman said. “The strength of the company has always been built around safety, innovation, quality products and customer service.”

Harman introduced the 12-foot wide Double Tee to the Phoenix market and introduced the slender beam design for spandrels. Under his leadership, the company introduced self-consolidating concrete (SCC), completed the Burton Barr Central Library designed by renowned architect Will Bruder and completed the Catalina Parking Structure which is the tallest in Arizona. From 1988 to 2020 Coreslab completed 1,309 projects.

Other major Coreslab projects in Arizona under Harman include the Scottsdale Fashion Square Mall parking structure; the Grand Canyon University parking structure; Intel Fab 12 in Chandler; the Maricopa County Court Tower; and the Phoenix Sky Harbor International Airport rental car center.

In Las Vegas, Coreslab built Mandalay Bay’s 2 MSF parking structure, the largest Coreslab project at the time (1995); and the New York New York Hotel & Casino’s 10-level parking structure, the tallest on the Las Vegas Strip at the time (1997).

As GM, Harman was also responsible for managing staff, formulating policies, coordinating business operations, managing operational costs, ensuring good customer service, engaging with vendors, and many other facets of the business.

A native of Nebraska, Harman moved to Arizona more than 60 years ago. He is a graduate of the University of Arizona.

About Coreslab Structures

Since 1975, Coreslab Structures, Inc. has been a premier producer of precast/prestressed concrete products. Over the last four decades, it has emerged as a major supplier of structural, architectural and hollow core solutions to markets in Canada and the United States. With 17 precast/prestressed concrete facilities across North America, Coreslab is a leader in construction innovation, structural design and sustainable practices, dedicated to providing top quality products and services. Its commitment to excellence, leading technical expertise and collaborative culture allows it to deliver award-winning, innovative solutions that meet the schedule and cost requirements of its valued customers. To learn more visit www.coreslab.com.

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by Peter Madrid Mar 18, 2021

NAIOP Arizona honors Lee & Associates Principal R. Craig Coppola with 2020 Award of Excellence

News & Updates

by Peter Madrid | Mar 17, 2021 | News & Updates

PHOENIX, ARIZ. (March 17, 2021) – R. Craig Coppola, the highest-producing broker in the 40+ year history of Lee & Associates and one of the Valley’s most visible and popular commercial real estate leaders, has been named NAIOP Arizona’s 2020 Award of Excellence recipient. He will be honored at the Best of NAIOP awards ceremony on Wednesday, May 12 at WestWorld of Scottsdale.

Coppola is one of eight Founding Principals of Lee & Associates Arizona. He holds the three most coveted designations in the industry: CCIM, CRE, and SIOR (one of 33 in the world to hold all three). For more than 37 years, Coppola has specialized in the representation of landlords and tenants in the leasing and sale of office properties.

Coppola is a 24-time top producer at Lee & Associates, six-time NAIOP Office Broker of the Year, and a 25-time finalist for NAIOP Office Broker of the Year. He is also the author of five books including, How to Win in Commercial Real Estate Investing, The Art of Commercial Real Estate Leasing, The Fantastic Life and Chasing Excellence (co-written with Founder of Lee & Associates, Bill Lee).

The NAIOP Arizona Award of Excellence recognizes an individual who has made a significant, positive impact on the commercial real estate industry in Arizona over a period of at least 15 years, along with direct volunteer contributions to the chapter.

“I can’t think of anyone more deserving of this award than Craig,” said Danny Swancey of ViaWest Group, NAIOP Arizona 2021 Board Chairman. “His hallmark qualities of integrity, high-energy, discipline, and perseverance positively impact our organization and the entire commercial real estate community. It’s a pleasure to honor someone who has consistently contributed on so many levels for over three decades.”

Coppola is well known in the Valley’s commercial real estate industry. Besides being a NAIOP Arizona member, he served on the Board of Directors for a decade including as a past Chairman where he was honored with NAIOP National Chapter President of the Year. Additional awards include NAIOP Transaction of the Year in 2010 and 2012; Who’s Who of the Decade, 2010 Arizona Business Journal; and the William J. Lee Lifetime Achievement Award, 2015.

Other notable contributions include serving on the Arizona Chamber of Commerce Board of Directors (15 years and currently serving); St. Vincent de Paul Advisory Council (6 years and currently serving); Former Banner Health Foundation Board Member (2008-2016); Former Xavier College Preparatory Board of Trustees (2008-2014); and Past United Way Tocqueville Society Multi-Year Chairman.

“I am humbled and honored to be receiving such a distinguished award,” Coppola said. “The NAIOP organization has been near and dear to my heart for 30 years. To be in such esteemed company with the previous honorees is extremely gratifying given all the work I’ve put in over the course of my career.”

Coppola earned an MBA from Arizona State University and a bachelor of science in finance from Nicholls State University.

Coppola has completed more than 3,800 transactions totaling more than 15 MSF valued in excess of $4 billion. As the top Commercial Real Estate Advisor for Lee & Associates nationwide, Coppola has represented the interests of thousands of tenants, landlords, developers and investors in Metro Phoenix.

NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and investors of office, industrial, retail and mixed-use real estate. NAIOP comprises 19,000+ members and provides strong advocacy, education and business opportunities through a powerful North American network.

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by Peter Madrid Mar 17, 2021

Healthcare real estate firm Wakeman Integrity weathers COVID-19 storm by adding to its team

News & Updates

by Peter Madrid | Mar 16, 2021 | News & Updates

PEORIA, ARIZ. (March 16, 2021) – As the founder and president of a woman-owned commercial real estate brokerage firm, Melynn Wakeman bucked the trend of cutting back during the COVID-19 pandemic.

Instead, she grew her company in 2020 with the addition of two brokers and a team of IT, marketing, website, legal and accounting consultants.

“It’s hard to believe, but the pandemic year was the best (year) of my career,” said Wakeman, who founded the company 4 years ago. “In the beginning of the pandemic, I decided to use the down time to enhance my company policies and procedures and create work flows to simplify daily tasks.

“I also made the decision to improve my overall leadership as a business owner by joining the 12-month class by Darren Hardy, “Hero’s Journey, A growth in becoming a modern leader,” she said.

Wakeman is the Designated Broker for Wakeman Integrity, LLC, which specializes in healthcare commercial real estate. She added to her brokerage staff with the hiring of Commercial Sales Associate Branden Mondragon and Commercial Sales Specialist Kristin Glavin.

Mondragon began his real estate career in 2016 working for a construction company while finishing his bachelor’s degree in finance. A native of Pueblo, Colorado, he began investing in and buying and selling residential real estate.

Glavin, a native of San Francisco, possesses an extensive background in business developing and specializes in specialty hospitals – behavioral, long-term care, hospice and chemical dependency.

Glavin’s first deal since joining the firm was a long-term lease worth almost $2 million at Serenity Hospital, 13951 W. Meeker Blvd., in Sun City West. The tenant is Zika Recovery, LLC, which specializes in chemical dependency treatment.

“Branden began his career with Integrity two weeks into the pandemic,” Wakeman recalls. “One day he called saying the sky is falling based on the news reports and industry leaders. I told him we were crazy busy, so turn off the TV, keep your head down and run as fast as you can because our reality is business is booming.”

For more information visit www.integrityRealty4U.com.

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by Peter Madrid Mar 16, 2021

Keynote speaker for IREM-CCIM Economic Forecast is bullish on Arizona’s recovery

News & Updates

by Peter Madrid | Mar 16, 2021 | News & Updates

PHOENIX, ARIZONA (March 16, 2021) – In 2020, Arizona ranked No. 5 for in-migration, according to UHaul’s annual Migration Trends report.

It was the best ranking among all Western and intermountain states including Colorado (No. 6), Nevada (No. 8) and even Utah (No. 17). California ranked worst and had the most out-migration.

Why is Arizona seeing so much in-bound migration?

Find out by joining the 14^th Annual IREM-CCIM Economic Forecast, the premier real estate event of the year from the best minds in the industry. The event is the destination for all industry professionals seeking the insight and expertise of the leading real estate professionals in the Arizona market.

The March 26 event will be broadcast via Zoom/Vimeo for the first time. Check-in is 7:45 a.m. The program begins at 7:55 a.m. and ends at noon.

The keynote speaker is K.C. Conway, MAI, CRE, CCIM, and Chief Economist for the CCIM Institute. The moderator is Pete Bolton, President of Pete Bolton Co.

“There are other reasons to be optimistic about prospects for a robust economic recovery in Arizona the second half of 2021,” Conway said. “Right now, Arizona ranks fifth-best in administering COVID-19 vaccinations. A recovery is more likely in Arizona than say, other Southern states, where vaccination success is not so good. Just another reason I’m bullish on the Arizona recovery for 2021.”

Institute representatives at the event are Tim Blair, CCIM, 2021 CCIM President, Shannon Waltchack; and Libby Ekre, CPM, 2021 IREM Senior Vice President, MEB Management Services, AMO.

Forecast representatives are Rosalinda Bridges, CPM, 2021 IREM Greater Phoenix President, NLR Management/Hann Development; Todd Hamilton, CCIM, 2021 CCIM Central Arizona President, Citywide; Cody McGuire, CCIM, 2021 CCIM Southern Arizona President, National Bank of Arizona; and Nick Miner, CCIM, ASREB representative, ORION Investment Real Estate.

>> Retail Panel: Mike Kallner, Executive Leasing; Melissa Lal, CCIM, Larsen Baker; Daniel Lupien, Palmer Development Group; Ari Spiro, ORION.

>> Multifamily panel: Scott Cook, MEB Management Services AMO; Cliff David, Institutional Property Advisors; Nicole Wray, Greystar.

>> Office panel: Mark Christopher Irvin, CCIM, SIOR, Mark Irvin Commercial Real Estate Services; Gregg Kafka, CCIM, Lee & Associates; and David Verwer, CCIM, Mode Commercial Property Management.

>> Industrial panel: David Blanchette, CCIM, NAI Horizon; Jeff Foster, Prologis; Ericka LeMaster, Alliance Bank of Arizona; Rob Martensen, Colliers International.

Cost is $25 for IREM and CCIM members without the CE credit; $45 for members with the CE credit; $35 for non-members without the CE credit; and $55 for non-members with the CE credit.

Register here.

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by Peter Madrid Mar 16, 2021

NAI Global ranked among Top 5 commercial real estate brands in the 20th annual Lipsey Survey

News & Updates

by Peter Madrid | Mar 10, 2021 | News & Updates

PHOENIX, ARIZ. (March 10, 2021) – NAI Global, a leading, global commercial real estate firm, earned the No. 4 spot in the 2021 Lipsey Survey of Top 25 Commercial Real Estate Brands.

The survey was conducted among 100,000 commercial real estate professionals using a combination of ballot voting, phone interviews and focus groups to identify the top global brands. NAI Horizon is an office of NAI Global.

“We are proud that the strength of NAI Global is reflected in the results of this year’s Lipsey Survey,” said NAI Horizon CEO/Designated Broker Terry Martin-Denning. “Our affiliation with NAI Global allows us to deliver extraordinary results for our clients across the globe.”

The survey is conducted by The Lipsey Company, a leading training and consulting firm specializing in the commercial real estate industry to equip organizations and their practitioners with the skills necessary to succeed in today’s competitive environment.

The 2021 survey results can be found here: https://lipseyco.com/top-commercial-real-estate-companies/

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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. NAI Global completes in excess of $20 billion in commercial real estate deals.

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.

by Peter Madrid Mar 10, 2021

AZCREW 2021 charity golf tournament to benefit New Pathways for Youth; event is set for May 7

News & Updates

by Peter Madrid | Mar 10, 2021 | News & Updates

PHOENIX, ARIZONA (March 10, 2021) – AZCREW, the leading organization for senior-level executive women in the Metro Phoenix commercial real estate field, has selected New Pathways for Youth as the beneficiary of its 2021 “Golfiesta.”

New Pathways for Youth serves youth, ages 12-21, experiencing poverty and four times the adversity of other youth – adversities such as parent incarceration, abuse and neglect, substance abuse, and high school dropout.

Through one-on-one mentoring in connected communities of other mentors and youth and evidence-based personal development and life-skills retreats and workshops, New Pathways helps young people create breakthroughs in self-destructive thought patterns that lead to actions consistent with the future they want. New Pathways for Youth has transformed more than 7,000 lives since it was founded in 1989.

“We are delighted to have New Pathways as our charity partner and help to raise funds so they can continue to positively impact the lives of at-risk youth in our local community,” said AZCREW President Lindsey Carlson of Colliers International.

This year’s annual charity golf event is May 7 at Moon Valley Country Club, 151 W. Moon Valley Drive in Phoenix. The tournament begins at 7:30 a.m.

For the health and well-being of its members and community of supporters, AZCREW is hosting Golfiesta 2021 in as safe an environment as possible as it relates to COVID-19.

The 2021 Golfiesta has a waitlist. To be added to the waitlist or for more information, please contact debbie@golfforcause.com.

About AZCREW:

AZCREW is the premier commercial real estate organization that dominates in the advancement and success of women within the commercial real estate industry in Metro Phoenix through leadership, professional relationships, education and excellence. As part of CREW Network, the industry’s premier networking coalition, AZCREW is dedicated to advancing the success of women in commercial real estate. CREW Network’s membership of more than 11,000 professionals in 70+ major global markets represents all aspects of commercial real estate—providing our members with direct access to real estate professionals across all geographies and disciplines. For more information visit arizonacrew.org.

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by Peter Madrid Mar 10, 2021

Sale of Springerville retail building, Phoenix office building highlight recent deals by NAI Horizon

News & Updates

by Peter Madrid | Mar 9, 2021 | News & Updates

PHOENIX, ARIZONA (March 9, 2021) – The sale of a retail building in Springerville, Arizona, and the sale of an office building in Phoenix totaling $1.235 million highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:

Matt Harper, CCIM negotiated the purchase of a 52,154 SF retail building representing the buyer, 2021 Plaza, LLC for $750,000. The property is located at 205-231 S. Mountain Ave., Springerville, AZ. The seller, Springerville Plaza, LLC was self-represented.

Mike Myrick, CCIM negotiated the sale of a 2,851 SF office building representing the seller, Vicki Simpson for $485,000. The property is located at 3610 N. 44^th St., Phoenix, AZ. The buyer, Global Tool Supply, LLC was represented by Mary Del Carmen Ramos with ICG-Phoenix, LLC.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Los Rios Farms, Inc. in a 60-month retail lease for 3,702 SF at 4705 E. Carefree Highway, Cave Creek, AZ. The tenant, JK 11 JCIL, Inc. was represented by Joseph Chung with West USA Realty.

Matt Harper, CCIM represented the landlord, Grand Center Plaza, LLC in a 65-month retail lease for 3,800 SF at 11001 N. 99^th Ave., Peoria, AZ. The tenant, Bibiano’s Mexican Restaurant, LLC was self-represented.

Matt Harper, CCIM represented the landlord, JEMAD, LLC in a 60-month retail lease for 1,710 SF at 6449 W. Glendale Ave., Glendale, AZ. The tenant, Jorge Salcido Valenzuela and Jimmy D. Lara Hernandez was self-represented.

Thomas Bean, CCIM and Laurel Lewis represented the landlord, State Bar of Arizona in a 24-month office lease for 2,878 SF at 4201 N. 24^th St., Phoenix, AZ. The tenant, Rise48 Equity, LLC was represented by Zach Haptonstall with Phoenix Prestige Real Estate.

Thomas Bean, CCIM and Jay Mininberg, J.D. represented both the landlord, Vintage Garden Properties and the tenant, MedEvals of Colorado, Inc. in a 63-month office lease for 1,678 SF at 10240 W. Bell Road, Sun City, Arizona.

Kevin Higgins represented the landlord, Bogle Family Realty, LLLP in a 63-month office lease for 1,088 SF at 7227 N. 16^th St., Phoenix, AZ. The tenant, Danovich Financial and Tax Services, PLLC was self-represented.

Matt Harper, CCIM represented the tenant, DMND KUTZ, LLC in a 65-month retail lease for 1,088 SF at 9130 W. Thomas Road, Phoenix, AZ. The landlord, MAGS Properties, LLC was represented by Robert Nolan with Oxford Realty Advisors.

Kevin Higgins represented the landlord, Bogle Family Realty in a 39-month office lease for 1,588 SF at 7227 N. 16^th St., Phoenix, AZ. The tenant, Southwest Insurance Group was represented by Joe Pequeno and Troy Giammarco with NAI Horizon.

Jeff Adams represented the tenant, International FTR, LTD in a 24-month industrial lease for 4,400 SF at 500 S. 52^nd St., Tempe, AZ. The landlord, Sea Shell Properties was represented by Cory Breinholt and Cory Sposi with Commercial Properties, Inc.

Matt Harper, CCIM represented the landlord, Hope Thunderbird Investments, LLC in a 38-month retail lease for 1,000 SF at 5123 W. Thunderbird Road, Glendale, AZ. The tenant, Jose Antonio De La Torre was self-represented.

Matt Harper, CCIM represented the landlord, H&T Properties, LLC in a 24-month retail lease for 900 SF at 602 W. Union Hills Drive, Phoenix, AZ. The tenant, Flower Power Management, LLC was self-represented.

Dylan Whitwer and Don Morrow represented the landlord, AP-PP, LLC in a 36-month office lease for 559 SF at 401 W. Baseline Road, Tempe, AZ. The tenant, Acupuncture and Chinese Classical Herbal Medicine was represented by Tiffany Hopkins with HomeSmart, LLC.

Matt Harper, CCIM represented the landlord, MAZ Northern Plaza, LLC in a 24-month retail lease for 800 SF at 5008 W. Northern Ave., Glendale, AZ. The tenant, Marc Anthony Tan 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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. NAI Global completes in excess of $20 billion in commercial real estate deals.

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.

by Peter Madrid Mar 09, 2021

NAI Horizon represents seller in $4.57M disposition of 10 acres of land for industrial development in Sky Harbor submarket

News & Updates

by Peter Madrid | Mar 7, 2021 | News & Updates

PHOENIX, ARIZONA (March 8, 2021) – NAI Horizon represented the seller in the $4.57 million disposition of 10 acres of prime industrial land in the highly sought-after Phoenix Sky Harbor International Airport submarket.

NAI Horizon Senior Vice President Isy Sonabend and Agent Drew Eisen represented 4 P’s LLLP of Peoria, Arizona, in the sale. The buyer was Phoenix-based ViaWest Group, which plans to develop the site with a Class A industrial building, to be known as Airport48 Industrial.

NAI Horizon will handle the marketing and leasing of the project.

“In the new and growing economies, this location, with direct access into Sky Harbor International Airport, and minutes to the I-10, Loop 202, I-17 and Superstition Freeway, provides users unparalleled access to all corners of the Valley,” Sonabend said. “ViaWest Group has, and is developing numerous Class A Industrial properties successfully throughout the Valley. ViaWest Group will construct a state-of-the-art facility to serve an eager submarket appetite.”

The land is situated in the heart of the Metro Phoenix freeway system at 3232 S. 48^th St., in Phoenix. It is zoned for industrial use and is in close proximity to SR 143 and Interstate 10 with three full-diamond interchanges within a few miles. The parcel is in an opportunity zone.

Construction on the industrial building is scheduled to begin in 2021 with a completion date of early 2022.

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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.

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 Mar 07, 2021

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