PHOENIX, ARIZONA (Dec. 12, 2023) – Four parcels of land and a retail building at a Phoenix mall totaling $14.8 million highlight recent deals closed by NAI Horizon professionals. The building alone fetched $7.13 million.
Sales Transactions:
Jeffrey Garza Walker negotiated the sale of a 120,000 SF retail building for $7.13 million, representing the buyer, Club Capri Real Estate, LLC. The property is located at 7611 W. Thomas Road, Phoenix, AZ. The seller, Seritage SRC Finance, LLC, was represented by Trent Steeves with CBRE.
Matt Harper, CCIM, negotiated the sale of 1.63 acres for $2.5 million, representing the seller, EAA Investment Group, LLC. The property is located at 8250 W. Glendale Ave., Glendale, AZ. The buyer, Ultra Clean Intermediate, LLC, was represented by Brad Ranly with Velocity.
Lane Neville and Cole Neville negotiated the sale of 4.716 acres for $2.3 million, representing the seller, Marketplace Square at Estrella, LLC. The property is located at 10047 S. Estrella Parkway, Goodyear, AZ. The buyer, Estrella Mountain Lago, LLC, was self-represented.
John Filli negotiated the sale of 112.89 acres for $2 million, representing the buyer, Royal Estates at Corrales, LLC. The property is located at NWC of Cornman & Corrales Roads, Casa Grande, AZ. The seller, James C. Soft, as personal representative of the estate of Audrey A. Hanks Irrevocable Trust, was represented by Rock Earle & Matt Herrington with Rox Commercial.
John Filli negotiated the sale of 54 acres for $864,000, representing the buyer, Royal Estates at Hanna, LLC. The property is located O Hannah Road & Palomas Drive #233, Casa Grande, AZ. The seller, Daniel L. Levine, as successor Trustee of the Lois O. Levine Trust, was represented by Annalisa Tapia, GRI, with Coldwell Banker Rox Realty.
Lease Transactions:
Thomas Bean, CCIM and Matt Harper, CCIM, represented the tenant, Keerthi Reddy Gade, Bikshma Thaikonda and Sujana Thatikonda in a 64-month retail lease for 2,472 SF at 6340 S. McClintock, Tempe, AZ. The landlord, Tempe Square Consolidation, LLC, was represented by Cliff Johnson, Kidder Mathews.
Larson Wilcke and Thomas Bean, CCIM, represented the tenant, Auto Rehab, LLC, in a 36-month industrial lease for 3,076 SF at 1725 W. Williams Drive, Phoenix, AZ. The landlord, Pegasus Deer Valley Owner, LLC, was represented by Keith Clark with Commercial Properties Inc.
Matt Harper, CCIM, represented the landlord, EEMAD, LLC, in a 39-month retail lease for 1,975 SF at 5830 N. 59th Ave., Glendale, AZ. The tenant, AKA Wireless, Inc., was represented by Jake McClaughry with Western Retail Advisors, LLC.
Matt Harper, CCIM, represented the landlord, HBR Properties, LLC, in a 36-month retail lease for 792 SF at 3825 N. 75th Ave., Phoenix, AZ. The tenant, Fernando R. Fernandez was self-represented.
Matt Harper, CCIM, represented the landlord, 1241 E. Broadway Plaza, LLC, in a 36-month retail lease for 3,640 SF at 1241 E. Broadway, Mesa, AZ. The tenant, El Venue, LLC, was self-represented.
Thomas Bean, CCIM, and Matt Harper, CCIM, represented the tenant, Johns & Johns, PLLC, in a 26-month office lease for 1,509 SF at 3200 N. Hayden Road, Scottsdale, AZ. The landlord, Petwin 3220 Hayden Corp., was represented by Keri Davies and Jason Reddington with LevRose.
Thomas Bean, CCIM, and Matt Harper, CCIM, represented the landlord, Sun City Professional Building, in a 12-month office lease for 319 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Roto Rooter Services Company, was self-represented.
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 in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, 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 325 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 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 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 throughout the world.
NAI Global provides a complete range of corporate and institutional 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.
###