PHOENIX, ARIZONA (June 7, 2022) – The sale of 5.1 acres and an industrial building and sales of a retail building and 1.8 acres highlight recent transactions facilitated by NAI Horizon professionals. The land and industrial building fetched $2.4 million.
Sale Transactions:
Michael Gaida negotiated the sale of 5.1 acres, including 18,000 SF of industrial buildings, representing the seller, DRA, LLC, for $2.4 million. The property is located at 32240 W. Bud Road, Maricopa, AZ 85138. The buyer, the City of Maricopa, was self-represented.
Matt Harper, CCIM, negotiated the sale of a 2,527 SF retail building, representing the seller, 9432 N. Cave Creek, LLC, for $410,000. The property is located at 9432 N. Cave Creek Road, Phoenix, AZ 85020. The buyer, Azhar & Dhia Sharmookh, LLC, was represented by Chris Mott with Lanier Real Estate.
Christopher Lewis negotiated the sale of 1.8 acres, representing the seller, AUM, LLC, for an undisclosed amount. The property is located at 2555 W. Louise Drive, Phoenix, AZ 85027. The buyer, Baker Development Corporation, was represented by Garret Goulding with Citywide.
Lease Transactions:
Isy Sonabend and Drew Eisen represented the tenant, Landesberg Orora, in a 60-month industrial lease for 80,587 SF at 5120 W. Buckeye Road, Phoenix, AZ 85043. The landlord, Cohen Asset Mgmt., was represented by Don MacWilliam with Colliers.
Troy Giammarco and Joe Pequeno represented the tenant, Coach Pain Academy, in a 126-month retail lease for 4,000 SF at 3975 E. Williams Field Road, Gilbert, AZ. The landlord, Verde-Gilbert, LLC, was represented by Scott Johnson-Founder with Real Companies.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Delias Cleaners of Arizona, Inc., in a 120-month retail lease for 2,132 SF at 3941 E. Chandler Blvd., Chandler, AZ 85048. The landlord, Lakeside Management, was represented by Bryan Ledbetter with Western Retail Advisors.
Joan Krueger represented the tenant, Advance Paper & Maintenance Supply Inc., in a 61-month retail lease for 6,725 SF at 1035 N. McQueen Road, Gilbert, AZ 85233. The landlord, Richard Sheinfeld Trust, was represented by Keli Jelinek with Commercial Properties, Inc.
Matt Harper, CCIM, and Sharon Reeves represented the landlord, 911 N. 4th St., LLC, in a 60-month retail lease, for 1,375 SF at 911 N. 4th St., Phoenix, AZ 85004. The tenant, Cameron 7, LLC, was self-represented.
Matt Harper, CCIM, represented the landlord, K.C. Investments Desert Retail, LLC, in a 62-month retail lease, for 1,520 SF at 777 E. Thunderbird Road, Phoenix, AZ 85022. The tenant, Foster & Kint, LLC, was represented by Cole Schillne with Orion Investment Real Estate.
Jay Mininberg represented the tenant, Welmade Technology Corporation, in a 36-month industrial lease for 3,999 SF at 1745 W. Deer Valley Road, Phoenix, AZ 85027. The landlord, Utopia 860 Ventures, LLC, was self-represented.
Chris Gerow, Shelby Tworek, Gabe Ortega represented the landlord, Queen Creek Fiesta, LLC & JW Duke Enterprises, LLC, in a 60-month retail lease for 1,105 SF at 44460 W. Edison Road, Maricopa, AZ 85138. The tenant, Art of Fades Barber Lounge, was self-represented.
Don Morrow and Dylan Whiter represented the tenant, Emblem Healthcare, Inc., in a 60-month office lease for 1,801 SF at 4801 S. Lakeshore Drive, Tempe, AZ 85282. The seller, Lucille Lourenco Fierreira Family Trust was represented by Kelli Jelinek with Commercial Properties.
Jeff Adams represented the tenant, Alpha Insulation & Waterproofing, in a 24-month industrial lease, for 6,313 SF at 4250 S. 38th St., Phoenix, AZ 85040. The landlord, Pegasus Airport Owner, LLC, was represented by David Bean & Cory Sposi with Commercial Properties, Inc.
Joe Pequeno and Troy Giammarco represented the tenant, SCBS, LLC, in a 40-month office lease, for 1,843 SF at 4440 N. 36th St., Phoenix, AZ 85018. The landlord, Kimco Realty, was represented by Christopher Byrd with Kimco Realty.
Don Morrow and Dylan Whitwer represented the tenant, Top Priority Messenger Services, Inc., in a 38-month office lease, for 818 SF at 2111 E. Broadway Road, Tempe, AZ 85282. The landlord, PCL Broadway, was represented by Brandon Payne with Venture REI.
Matt Harper, CCIM, and Tom Bean, CCIM, represented the landlord, Sun City Professional Building, in a 12-month office lease, for 276 SF at 12630 N. 103rd Ave., Sun City, AZ 85351. The tenant, Luna’s Multi Insurance Services, 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 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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