PHOENIX, ARIZONA (July 24, 2018) – The long-term lease of a former movie theater converted to Class A office space in Mesa, Arizona, and the $1 million sale of an office building in Goodyear, Arizona, highlight recent transactions closed by NAI Horizon professionals.
Sale Transactions:
Tyler Smith negotiated the sale of a 4,011 SF office property, representing the seller, CAZ Investments, LLC, for $1 million. The property is located at 14445 W. McDowell Rd., Goodyear, AZ. Bob Broyles with Colliers International represented the buyer, Tennefos Property, LLP.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon negotiated the sale of a 1.16-acre property, representing the seller, The Market at Estrella Falls, LLC, for $950,000. The property is located at 1600 N. Pebble Creek Parkway, Goodyear, AZ.
Matt Harper negotiated the sale of a 2,400 SF property, representing the seller, Atlas Commercial, LLC, for $895,000. The property is located at 106 N. Tonto St., Payson, AZ. Michelle Hagan with West USA Realty represented the buyer, Robert Santoro.
Jeff Adams negotiated the sale of a 5,000 SF property, representing the buyer, Onsite Commercial Services, LLC, for $280,000. The property is located at 169 and 237 E. Broadway Rd., Mesa, AZ. Rex Griswold and Andy Jaffe with J&J Commercial Properties represented the seller, Gloria V. Sano.
Lease Transactions:
Laurel Lewis, Barbara Lloyd and Lane Neville represented the landlord, Old Town Val Vista, LLC, in a long-term office lease for 59,418 SF at 3707 E. Southern Avenue, Mesa, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Pei Wei Asian Diner, LLC, in a 120-month retail lease for 2,500 SF. Zach Pace with Phoenix Commercial Advisors represented the landlord, Queen Creek AZ, LLC.
Isy Sonabend represented the tenant, Elliott Electric Supply, in an 89-month industrial lease for 19,000 SF at 2250 W. Broadway Rd., Mesa, AZ. Mike Haenel with Cushman & Wakefield represented the landlord, Western B West AZ, LLC.
Tyler Smith represented the tenant, Magnus Title Agency, LLC, in a 63-month office lease for 2,918 SF at 6991 E. Camelback Square, Scottsdale, AZ. Colton Trauter with Lee & Associates represented the landlord, Velocis Camelback, LP.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, New Bell Tower, LLC, in an 86-month retail lease with The Grid Cyber Lounge, for 3,600 SF at 4913 W. Bell Rd., Phoenix, AZ.
Jeff Adams represented the tenant, Nutraceutical Produce, LLC, in a long-term industrial lease for 5,000 SF at 2235 W. First St., Tempe, AZ. Franklin Connell with Cutler Commercial represented the landlord, A & S Mini Warehouse.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, RJS 45th Place, LLC, in a 64-month lease with Jimmie and Joe’s Pizza, for 1,300 SF at 4550 E. Bell Rd., Phoenix, AZ.
Matt Harper represented the landlord, Yee Legacy II, LLC, in a 63-month retail lease for 1,610 SF at 18914 E. San Tan Blvd., Queen Creek, AZ.
Matt Harper represented the landlord, Elmo Tari Trust, in a 25-month retail lease for 1,400 SF at 12235 N. Cave Creek Road, Phoenix, AZ. David Aronson with Berkshire Hathaway represented the tenant, PHX Animal Behaviour Center, LLC.
Matt Harper represented the landlord, M&N Realty, LLC, in a 63-month retail lease for 1,227 SF at 12020 S. Warner Elliot Loop, Phoenix, AZ.
Matt Harper represented the landlord, Kayrich Associates, in a 38-month retail lease for 3,633 SF at 6445 N. 51st Ave., Glendale, AZ.