PHOENIX, ARIZ. (Feb. 17, 2020): The $2.15 million sale of an automotive retail building in Chandler and the $860,000 sale of an office building in North Central Phoenix highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Mark Wilcke negotiated a sale of a 9,974 SF retail building, representing the seller, 1731 Arizona Warner LLC, for $2.15 million. The property is located at 1731 N. Arizona Ave., Chandler, AZ. The buyer, Mesa Campus LLC, represented itself.
Kevin Higgins negotiated a sale of a 3,866 SF office building, representing the seller, SB Spartan Enterprises, LLC, for $860,000. The property is located at 1747 E. Morten Ave., Units 105-110, Phoenix, AZ. The buyer, ELM Holdings, LLC was represented by Justin Cirell with ROI Properties.
Lease Transactions:
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Ken’s Nails. in a 60-month lease for 1,500 SF at 439 S. Ellsworth Road, Mesa, AZ. The landlord, Evergreen-Broadway & Ellsworth, LLC, was represented by Mike Ord with DL Slaughter.
Don Morrow, Mike Myrick and Dylan Whitwer represented the landlord, AP-PP, LLC in a 60-month office lease for 2,405 SF at 401 W. Baseline Road, Tempe, AZ. The tenant, Megan Stanek and Seema Bacon, were represented by Kathleen Holmes with ROI Properties.
Mike Myrick represented both the landlord, Thomas Investments Limited Partnership, LLP and the tenant, Pulmonary Associates, PA in a 36-month office lease for 3,841 SF at 1112 E. McDowell Road, Phoenix, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Joanie Geroulis, in a 36-month retail lease for 1,848 SF at 15443 N. Cave Creek Rd., Phoenix, AZ. The tenant, German Auto AZ, LLC, represented themselves.
Matt Harper, CCIM represented the tenant, Puleo Fitness, Inc., in a 60-month retail lease at 3220 W. Southern Ave., Phoenix, AZ. The landlord, MBB Laveen, LLC, was represented by Jennifer Eggert with Orion Investment Real Estate.
Thomas Bean, CCIM represented the sublandlord, Orora Packing Solutions, in a 21-month office sublease at 1900 W. University Dr., Tempe, AZ. The tenant, Barrett Financial Group, LLC, was represented by Michael Douglas with Commercial Properties Inc.
Don Morrow, Mike Myrick and Dylan Whitwer represented the landlord, AP-PP, LLC, in a 39-month office lease for 2,086 SF at 401 W. Baseline Road, Tempe, AZ. The tenant, Optimal Health and Wellness, Inc., was represented by Nancy Dang with Keyser.
Rick Foss and Jay Olson represented the landlord, Friedman Anthem, LLC, in a 38 mo. industrial lease for 2,330 SF at 42302 N. Vision Way, Anthem, AZ. The tenant, Sonoran Cycles, LLC, was represented by Alan Houston with SRS Real Estate Partners.
Matt Harper, CCIM represented the landlord, Robert Lee Thatcher and Arlene A. Thatcher, in a 38-month retail lease for 1,215 SF at 7025 N. 48th Ave., Glendale, AZ. The tenant, Duran Bennett and Stephanie Bennett represented itself.
Don Morrow, Mike Myrick and Dylan Whitwer represented the landlord, Richard & Lisa Ivicevic, in a 24-month office lease for 694 SF at 600 E. Baseline Road, Tempe, AZ. The tenant, East Valley Senior Care, LLC, was represented by Goldstar Business Brokers.