PHOENIX, ARIZONA (August 14, 2019) – A pair of long-term leases at two properties in Gilbert, Arizona, for Progressive Casualty Insurance Co. totaling $4.18 million highlight recent deals by NAI Horizon professionals.
Sale Transactions:
Sharon Reeves negotiated the sale of a 2,888 SF retail building, representing the seller, The Clarke Revocable Trust, for $620,000. The property is located at 7114 E. Sahuaro Drive, Scottsdale, AZ. The buyer, Last Mile Holdings, LLC, was represented by Kurt Saulnier with Lee & Associates.
Joan Krueger negotiated the sale of a 1,727 SF office building, representing the buyer, East Baseline, LLC, for $370,000. The property is located at 6640 E. Baseline Road, Mesa, AZ. The seller, Primesource, LLC, was represented by Jon Willis with Willis Property Company.
Lease Transactions:
Isy Sonabend represented the tenant, Progressive Casualty Insurance Co, in a 65-month lease for 25,193 SF at 339 E. Germann Road, Gilbert, AZ. The landlord, Reserve at San Tan 4, LLC, was represented by Mike Garlick with Newmark Knight Frank.
Isy Sonabend represented the tenant, Progressive Casualty Insurance Co, in a 64-month lease for 42,149 SF at 1395 N. Fiesta Drive, Gilbert, AZ. The landlord, AEI Fiesta, LLC, was represented by Evan Koplan with CBRE.
Laurel Lewis and Jay Olson represented the tenant, First Choice Loan Services, Inc., in a 65-month office lease for 3,548 SF at 10446 N. 74th St., Scottsdale, AZ. Adam Tolson with Lee & Associates represented the landlord, JAWS74, LLC.
Laurel Lewis and Thomas Bean, CCIM represented the landlord, Top of the Tram, LLC, in a 64-month office lease for 4,600 SF at 2165 W. Pecos Road, Chandler, AZ. The tenant, RLF Consulting, LLC, was represented by Tyler Bode with Commercial Properties.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 60-month retail lease for 1,200 SF at 21545 S. Ellsworth Loop Road, Queen Creek, AZ. The tenant, Optimum Home Solutions, was represented by Jamie Prieto with DPR Realty.
Matt Harper, CCIM represented the tenant, Higher Hopes, LLC, in a 39-month retail lease for 6,000 SF at 3690 S. Estrella Parkway, Goodyear, AZ. The landlord, Tall Development, LLC, was represented by Natalie Jaafar with Phoenix West Commercial.
Matt Harper, CCIM represented the landlord, Janaland, LLC, in a 51-month retail lease for 1,700 SF at 6601 W. Indian School Road, Phoenix, AZ. The tenant, HireSource Staffing Solutions, LLC, represented itself.