PHOENIX, ARIZ. (May 12, 2020): Five property sales in the Valley – three office buildings and two industrial buildings – totaling almost $11 million highlight recent deals closed by NAI Horizon professionals.
Lane Neville and Logan Crum negotiated a sale of the Corbins Electric corporate headquarters, a 52,744 SF industrial building, representing the buyer, Staffield Family, LLC, for $7 million. The property is located at 4829 S. 38th St., Phoenix, AZ. The seller, ML Commercial Properties, was represented by Clint Hardison and Blake Hardison with Keyser.
Dylan Whitwer, Don Morrow and Laurel Lewis negotiated a sale of a 4,501 SF office condo representing the Seller, M Brothers Troon, LLC for $1.275 million. The property is located at 10031 E. Dynamite Blvd. Ste: 260-270, Scottsdale, AZ. The Buyer, Cloverssen, LLC was represented by Marty Rader with DFW Realty Partners.
Jay Olson and Rick Foss negotiated a sale of a 14,987 SF industrial building representing the Buyer, Amelio C. Enterprises, Inc. for $1.161 million. The seller, QLS, LLC was represented by Bill Swirtz & Chris Reese with Colliers International.
John Filli negotiated a sale of a 10,308 SF office-retail complex representing the Seller, Global Financial & Trading, LLC for $1.035 million. The property is located at 746 & 788 W. Guadalupe Road, Gilbert, AZ. The Buyer, WNDG, LLC was represented by Julie Harris & Jennifer Hill will Diversified Partners, LLC.
Joan Krueger negotiated a sale of a 2,089 SF office building representing the Seller, Valencia Executive Suites for $351,000. The property is located at 1635 N. Greenfield Road, Building 3, Mesa, AZ. The Buyer, Gem Office Suites, was represented by Grafton Milne with Menlo Group Commercial Real Estate.
Laurel Lewis and Dylan Whitwer negotiated a sale of a 2,199 SF office condo representing the Seller, Troon, LLC, for $131,940. The property is located at 10031 E. Dynamite Blvd., Building E, Scottsdale, AZ. The Buyer, Borden Properties, LLC was represented by Jeff Woudenberg with Woudenberg Properties.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Ken’s Nails in a 120-month retail lease renewal for 2,411 SF at the NWC of 48th Street and Indian School Road, Phoenix, AZ. The landlord was represented by Matt Ault with Kidder Matthews.
Jeff Adams represented the tenant, OIB Consulting, Inc. in a 61-month industrial lease for 7,983 SF at 23910 N. 19th Ave. The landlord, EJM Pinnacle Peak I Property LLC was represented by Jeff Conrad & Ryan Hingst with Lee & Associates.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Jeremy Mueller Insurance Agency, Inc. in a 60-month retail lease for 1,200 SF at 18511 N. Scottsdale Road, Scottsdale, AZ. The landlord, BCB Group Investments, LLC represented itself.
Joe Pequeno and Troy Giammarco represented the tenant, Arizona Wellcare, in a 38-month office lease for 2,850 SF at 2601 N. 3rd St., Suite 101, Phoenix, AZ. The landlord, Robert Pavese was represented by Keith Lytle with Platinum Living Realty.
Joe Pequeno and Troy Giammarco represented the tenant, Tony C. Machometa in a 36-month office lease at 18001 N. 79th Ave., Glendale, AZ. The landlord, Michael Ruiz; Avondale Medical Campus, LLC represented itself.
Thomas Bean, CCIM represented the tenant, Paradise Valley Florist, in a 39-month retail lease at 2932 N. 68th St., Scottsdale, AZ. The landlord, Oasis Plaza Properties LLC, was represented by Jack Stein with Patriot Commercial.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Bailey Red Rock Plaza, LLC in a 60-month retail lease for 1,311 square feet with Sipps Eatery at 16425 E. Palisades Blvd., Fountain Hills, AZ
Matt Harper, CCIM represented the landlord, Hillcrest Plaza, LLC in a 13-month retail lease at 1241 E. Broadway, Mesa, AZ. The tenant, Al Sanders, was self-represented.