PHOENIX, ARIZONA (June 24, 2019) – A pair of sales involving a retail building and 1.89 acres of land and the long-term lease for a furniture distributor highlight transactions recently closed by NAI Horizon professionals.
Sale Transactions:
Sharon Reeves negotiated the sale of a retail building, representing the seller, Vertical Bridge, LLC, for $475,000. The property is located at 7318 W. Indian School Road, Phoenix, AZ. The buyer, Roberto Hernandez, was represented by Russ Lyon Sotheby’s.
Mark Wilcke negotiated the sale of 1.89 acres of vacant land, representing the seller, WINCO, LLC, for $310,000. The property is located at 15675 & 15689 W. Elwood St., Goodyear, AZ. The buyer, ECBP AZ, LLC, was represented by Tarja Panfil with West USA Realty, Inc.
Lease Transactions:
Isy Sonabend represented the tenant, International Furniture Direct, in an 81-month lease for 48,000 SF at 9310 W. Buckeye Rd., Tolleson, AZ. Steve Bodeman with Daum Commercial, represented the landlord, First Industrial.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease for 3,000 SF at 21545 S. Ellsworth Loop Road, Queen Creek, AZ. Marty Olejarczyk with GPS Advisors represented the tenant, SCFoust, LLC.
Stan Matzinger and Thomas Bean, CCIM, represented the tenant, Congresswoman Debbie Lesko, in a 15-month lease for 2,793 SF at 12515 W. Bell Road, Surprise, AZ. The landlord, 12515 LLC, was represented by Bonnie C. Halley, CCIM, with Colliers International.
Laurel Lewis and Dylan Whitwer represented the landlord, Prolific Business Solutions, LLC, in a 21-month office sublease for 2,015 SF at 11111 N. Scottsdale Road, Scottsdale, AZ. The tenant, Nicole D. Stoutner, PLLC and Steven N. Cole, LLC, was represented by Claudia Lucaire with Realty One Group.
Laurel Lewis represented the tenant, Craig Penrod, in a 12-month renewal lease for 1,885 SF at 301 W. Warner Road, Tempe, AZ.
Matt Harper, CCIM, represented the tenant, John M. Hilland Insurance Agency, Inc., in a 38-month office lease for 850 SF at 4545 E. Southern Ave., Mesa, AZ. The landlord, The Killian Company, was represented by Jeff Sorenson with Sunny Mesa Realty.
Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 36-month retail lease for 1,107 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, SVP Sewing Brands, LLC, represented itself.
Matt Harper, CCIM, represented the landlord, SAJ Properties, LLC, in a 26-month retail lease for 900 SF at 15420 N. 67th Ave., Glendale, AZ. The tenant, Seamless Hair Reflections Studio, LLC, represented itself.
Matt Harper, CCIM, represented the landlord, Arizona MSK, LLC, in a 14-month retail lease for 1,000 SF at 5270 N. 59th Ave., Glendale, AZ. The tenant, Raspados Y Antojitos JCS, LLC, represented itself.
Matt Harper, CCIM, represented the landlord, Puchhi, Inc., in a 12-month renewal lease for 1,020 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, The Greenline Enterprises Brokerage, Inc., represented itself.