PHOENIX, ARIZONA (May 12, 2022) – NAI Horizon represented the tenant, a family-owned janitorial supply company that celebrated its 45th anniversary this year and survived the Great Recession and COVID-19, in a long-term lease at Fiesta Ranch Business Center in Gilbert, Arizona.
First Vice President Joan Krueger represented Advance Paper & Maintenance Supply, Inc., in the long-term lease valued at $407,000. The tenant is leasing 6,725 SF at Fiesta Ranch Business Center, 1035 N. McQueen Road in Gilbert.
“Advance Paper & Maintenance is and has been for many years a staple in the East Valley business community,” Krueger said. “It was an honor and a pleasure to assist this family-owned company in its next chapter so it can continue to provide its clients with the outstanding service to which they are accustomed. I look forward to many years of continued success for Advance.”
The business originally started in Mesa in 1945, has grown and is now headquartered in Gilbert. The De Rosa family acquired the business in 1976 and continues to operate it as a family-owned firm. In 2017 Advance Paper & Maintenance Supply acquired Champion Janitorial Supply.
The business moved from its previous location at 1481 W. Scott in Gilbert. Fiesta Ranch Business Center is located in the El Dorado Lakes neighborhood in Gilbert. The Class B industrial building was completed in 1987 and totals 68,207 SF
The landlord, the Richard Sheinfeld Trust of Chatsworth, California, was represented by Keli Jelinek of Commercial Properties Inc.
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.