PHOENIX, ARIZONA (September 29, 2021) – The sales of an office building in Scottsdale, a retail building in Mesa and an industrial building in Phoenix totaling more than $11 million highlight recent transactions closed by NAI Horizon professionals.
Sale Transactions:
Lane Neville, Logan Crum and Cole Neville negotiated the sale of a 23,240 SF office building representing the seller, Structured REA-3080, LLC for $8.2 million. The property is located at 3080 N. Civic Center Plaza, Scottsdale, AZ. The buyer, GMCW, LLC was represented by Tony Werstler with The Jason Mitchell Group.
Mark Wilcke negotiated the sale of a 9,950 SF retail building representing the seller, Nu Sash, LLC for $2.3 million. The property is located at 1507 S. Country Club Drive, Mesa, AZ. The buyer, Little Sam Investments, LLC was represented by Scott Spear with Eisenberg Company.
Rick Foss negotiated the sale of a 3,693 SF industrial building representing the seller, Cedar Trading, LLC for $550,000. The property is located at 2346 E. University Drive, Phoenix, AZ. The buyer, Dominick Kehayias was represented by Greg Hopley with Colliers.
Lease Transactions:
Jeff Adams represented the tenant, AES Direct Express, LLC in an 87-month new industrial lease for 132,210 SF at 2225 E. Germann Road, Chandler, AZ. The landlord, Realty Associates Fund XII Portfolio, L.P. was represented by Pat Harlan & Steve Sayre with JLL.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, SIMONCRE CSH II, LLC in a 120-month retail lease for 26,800 SF at 1036 E. Southern Ave., Mesa, AZ. The tenant, Goodwill of Central and Northern Arizona was represented by Jeff Lee with GWCRE, LLC.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Goldman Group IV, LLC in a 120-month retail lease renewal for 8,468 SF at 6501 E. Greenway Parkway, Scottsdale, AZ. The landlord, LIPT East Greenway Parkway, LLC was represented by James DeCremer with Avison Young.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, S & K Kennemore Company, Inc. in a 120-month retail lease for 4,260 SF at SWC of Van Buren and Avondale Blvd., Avondale, AZ. The landlord, RDEV Coldwater Springs, LLC was represented by Jason Fessinger with Western Retail Advisors.
Kevin Higgins represented the landlord, Bogle Family Realty, LLLP in an 89-month office lease for 4,296 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, Vitalize Weight Loss & Wellness was represented by Matt Fitz-Gerald with Colliers.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Polishh’d Nails in a 120-month retail lease for 1,500 SF at 1212 E. Bell Road, Phoenix, AZ. The landlord, SimonCRE Torreon, LLC was represented by Brian Gausden with Western Retail Advisors.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, CP6MF, LLC in a 60-month retail lease for 2,800 SF at 1840 E. Warner Road, Tempe, AZ. The tenant, Cabinets 4 Less, LLC was represented by Brandon Alsayed with DeLex Realty.
Troy Giammarco and Joe Pequeno represented the landlord, SFE Holdings, LLC in a 62-month industrial lease for 3,200 SF at 8925 W. Larkspur Drive, Peoria, AZ. The tenant, Creative Environments Design & Landscape Inc. was represented by Mike Parker with CBRE.
Troy Giammarco and Joe Pequeno represented the landlord, SFE Holdings, LLC in a 61-month industrial lease for 3,200 SF at 9299 W. Olive Ave., Peoria, AZ. The tenant, Pro Air Solutions, LLC was represented by Emma Barreca with Diversified Partners, LLC.
Matt Harper, CCIM represented the landlord, GGR Holdings, Inc. in a 66-month retail lease for 2,463 SF at 4024 E. Guadalupe Road, Gilbert, AZ. The tenant, Brick Moms, LLC was self-represented.
Thomas Smith, Don Morrow and Dylan Whitwer represented the tenant, Jubileo Internacional Phoenix Corporation in a 36-month industrial lease for 5,584 SF at 2323 Magnolia St., Phoenix, AZ. The landlord, Zimmerman VI, LLC was represented by Rod Crotty with Cutler Commercial.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Bell-51st, LLC in a 60-month retail lease for 1,550 SF at 4925 W. Bell Road, Glendale, AZ. The tenant, Honey Nail Salon, LLC as self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, A Peace of Mind Health and Wellness, LLC in a 36-month office lease for 2,124 SF at 1430 E. Indian School Road, Phoenix, AZ. The landlord, Varitec Solutions was represented by Tarryn Fountain with Cushman & Wakefield.
Matt Harper, CCIM represented the tenant, Inner Strength Chiropractic Inc. in a 38-month office lease for 1,229 SF at 13055 W. McDowell Road, Avondale, AZ. The landlord, Phillip T. Landry was represented by Matthew Kostrivas with ZDI Realty Advisors.
Thomas Bean, CCIM and Matt Harper, CCIM represented the landlord, MAZ Palo Verde, LLC in a 25-month office lease for 1,954 SF at 5251 W. Campbell Avenue, Phoenix, AZ. The tenant, New Horizon Youth Homes, Inc. was represented by Aaron Norwood with LevRose.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Bailey Red Rock Plaza, LLC in a 38-month retail lease for 1,638 SF at 16425 E. Palisades Blvd., Fountain Hills, AZ. The tenant, The Macilyn Method, LLC was self-represented.
Joe Pequeno and Troy Giammarco represented the landlord, Falcon Corporate Center, LLC in a 37-month office lease for 1,442 SF at 4711 E. Falcon Drive, Mesa, AZ. The tenant, Chambers Agency Inc. was represented by Melody Bramer with Keller Williams.
Thomas Bean, CCIM and Jay Mininberg, J.D. represented the landlord, Vintage Garden Properties in a 36-month office lease for 925 SF at 10240 W. Bell Road, Sun City, AZ. The tenant, Mad House Rage Room, LLC was self-represented.
Matt Harper, CCIM and Thomas Bean, CCIM represented the landlord, Sun City Professional Building in a 25-month office lease for 608 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, AZ at Home, Inc. was self-represented.
Rick Foss represented the landlord, Anthem Plaza, LLC in a 24.5-month lease for 1,153 SF at 42302 N. Vision Way, Anthem, AZ. The tenant, R Streamline Design, LLC was represented by Brent Ranta with AK Commercial Properties.
Matt Harper, CCIM represented the landlord, Robert & Arlene Thatcher in a 24-month retail lease for 650 SF at 5832 W. San Miguel Ave., Glendale, AZ. The tenant, Carlos Ponce was self-represented.
Matt Harper, CCIM represented the tenant, Arcadia Biltmore Pilates, LLC in a 12-month office lease for 760 SF at 4545 N. 36th St., Phoenix, AZ. The landlord, J&H Property Partners II, LLC was represented by Sarah Thompson with Helix.
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.
###