PHOENIX, ARIZONA (July 20, 2022) – NAI Horizon represented the buyer in the acquisition of an original adobe building in a rare infill location in North Central Phoenix that will be repurposed into a training center and outdoor space.
NAI Horizon Managing Director Laurel Lewis represented Always This Good Holdings, Inc., in the $735,000 purchase of the 3,757 SF building at 715 E. Sierra Vista Drive, in Phoenix.
Always This Good Holdings purchased and closed on the property on June 30. The oldest aerial photograph shows the original adobe block structure nestled among the orange orchards in the North Central Phoenix corridor.
The building, a former Jewish girls’ school, had recently undergone some additions. After the planned renovations, the property will include more than 4,000 SF of modern offices, a training center, a full kitchen, and outdoor event space. It will also offer a private suite available for lease.
“North Central Phoenix with its ideal location and mix of architecture and style is the happening place to be,” Lewis said. “The original adobe block structure will be incorporated into the repurposed building, lending to a stunning transformation.”
This fall the new space will be home to Catalyst Retreat Center for women entrepreneurs and Desert Dimensions Properties, a residential real estate brokerage firm.
The seller, Shearim Torah High School, Inc., was represented by Danny Kahn with E&G Real Estate.
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.