PHOENIX, ARIZONA (July 2, 2018) – The $6.95 million sale of a tractor-trailer repair and maintenance facility in Phoenix and the $1.594 million sale of an industrial building in Chandler, Arizona, highlight recent transactions closed by NAI Horizon professionals.
Sale Transactions:
Isy Sonabend negotiated the sale of a 50,000 SF industrial property, representing the seller, Wabash National Trailer Centers Inc., for $6.95 million. The property is located at 2830 S. 51st Ave., in Phoenix, AZ.
Mark Wilcke negotiated the sale of an 11,187 SF industrial property, representing the seller, John L. Smith, Trustee of John L. Smith Trust Created March 10, 2016, for $1.594 million. The property is located at 2120 S. Douglas Dr., Chandler, AZ. Chris McClurg with Lee & Associates represented the buyer, Tradition Asset Management, LLC.
Lease Transactions:
Tyler Smith represented the landlord, Pacifica Palm Valley Center, L.P., in a 63-month lease for 2,123 SF at 1626 N. Litchfield Rd., Goodyear, AZ. Mike Hirth with Keyser represented the tenant, Mellon & Sons.
Tyler Smith, Troy Giammarco and Joe Pequeno represented the landlord, Sun Grove Medical, LLC, in a 90-month medical office lease for 2,132 SF at 20470 N. Lake Pleasant Rd., Peoria, AZ. Laurie Sandau with Avison Young represented the tenant, Joseph R. Cohen, DDS.
Tyler Smith, Troy Giammarco and Joe Pequeno represented the tenant, A.Z. & Associates, LLC, in a 63-month office lease for 3,009 SF at 10320 W. McDowell Rd., Avondale, AZ. Bobbie Mastracci with Phoenix West Commercial represented the landlord, Granco Gateway, LLC.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 60-month retail lease for 1,560 SF with Doughlicious Desserts at 21545 S. Ellsworth Loop Rd., Queen Creek, AZ.
Barbara Lloyd and Tom Bean, CCIM, represented the landlord, Tempe CC, LLC, in a 36-month office lease for 813 SF at 4515 S. McClintock Rd., Tempe, AZ. Langdon Bridges with Commercial Properties Inc. represented the tenant, CK Financial Services, Inc.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Sweetest Season, LLC, in a 60-month retail lease for 1,800 SF at 1835 E. Guadalupe, Tempe, AZ.
Mark Wilcke represented the landlord, ICC Tempe, LLC, in a 25-month industrial lease for 14,883 SF at 2507 W. Erie Dr., Tempe, AZ. Drew Stone with Keyser represented the tenant, Video West, Inc.
Tyler Smith represented the tenant, Landmark Title Assurance Agency of Arizona, LLC, in a 63-month lease for 1,800 SF at 3303 E. Baseline Rd., Mesa, AZ. Matt Zaccardi with Commercial Properties, Inc. represented the landlord, SBBC Investments, LLC.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, LNR Partners, LLC, in a 60-month retail lease renewal for 1,200 SF with Check Into Cash at 21101 N. John Wayne Parkway, Maricopa, AZ.
Matt Harper represented the landlord, Puchhi, Inc., in a 60-month retail lease renewal for 2,480 SF at 9501 W. Peoria Ave., Peoria, AZ.
Tyler Smith, Troy Giammarco and Joe Pequeno represented both the landlord, Sun Grove Medical, LLC, and the tenant, Simple Direct Health, PLLC, in a 62-month medical office lease for 1,363 SF at 20470 N. Lake Pleasant Rd., Peoria, AZ.
Stan Matzinger and Tom Bean, CCIM, represented both the landlord, 10240 Bell Road Associates, LLC, and the tenant, Dr. Greg McWhorter, in a 64-month office lease for 1,275 SF at 10240 W. Bell Rd., Sun City, AZ.
Isy Sonabend represented both the landlord, D&D Global, and the tenant, SBS America, LLC, in a 13-month industrial sublease for 14,585 SF at 54 N. 45th Ave., Phoenix, AZ.