PHOENIX, ARIZONA (Nov. 14, 2023) – Four retail buildings and two parcels of land totaling more than $13 million highlight recent sales by NAI Horizon professionals. The retail building sales totaled $5.33 million; the parcels of land totaled $7.9 million.
Sales Transactions:
Lane Neville and Cole Neville negotiated the sale of 643.44 acres for $7.07 million, representing the seller, Flying E Ranch Holding, LLC. The property is located west of Vulture Mine Road near Wickenburg, AZ. The buyer, Michael C. Emond and Kathryn K. Emond, Trustees of the Emond Family Revocable Trust dated October 26, 2016, were self-represented.
Jeff Adams and Maria Herman (NAI Las Vegas) negotiated the sale of an 800 SF freestanding pad retail building (occupied by a New Construction Corp. Ground Lease Salad and Go) for $1.75 million, representing the buyer, Sepmar, LLC. The property is located at 4925 Blue Diamond Road, Las Vegas, NV. The seller, Blue Diamond Decatur Plaza, LLC, was represented by Deana Marcello with Colliers.
Rick Foss negotiated the sale of a 5,000 SF retail building for $1.3 million, representing the seller, Old Southern, LLC. The property is located at 5814 S. 25th St., Phoenix, AZ. The buyer, Park Thomas was represented by Sean Lieb with LevRose.
Michael Gaida negotiated the sale of a 7,902 SF retail building for $1.2 million, representing the seller, Believe Body, LLC. The property is located at 3454 E. Southern Ave., Mesa, AZ. The buyer, Sewa S. Dhanjal & Sukhvinder K. Dhanjal, were represented by Mark Rein with Rein & Grossoehme.
Joe Pequeno and Troy Giammarco negotiated the sale of a 5,416 SF retail building for $1.08 million, representing the buyer, 2386 Alma, LLC. The property is located at 2386 N. Alma School Road, Chandler, AZ. The sellers, Qi Chen and Fang Ye, were self-represented.
Thomas Smith negotiated the sale of 4.567 acres for $850,000 representing the seller, Spiritual Assembly of the Bahais of Scottsdale. The property is located at 10575 N. 130th St., Scottsdale, AZ. The buyer, Watermark Companies, LLC, and or Nominee was represented by Moe Hegazy with Hegazy Realty.
Lease Transactions:
Laurel Lewis and Dylan Whitwer represented the tenant, Exhibitus, Inc., in a 62-month industrial lease for 42,510 SF at a13250 W. Cactus Road, Surprise, AZ. The landlord, Cactus Mac 1, LLC, was represented by Rob Martenson and Sam Jones with Colliers.
Dylan Whitwer and Don Morrow represented the tenant, Preferred Home Care, in a 60-month industrial lease for 17,260 SF at 2155 N. Forbes Blvd., Tucson, AZ. The landlord, Preferred Home Care, was represented by Tara Kernen with Cushman & Wakefield (PICOR).
Dylan Whitwer, Laurel Lewis, Don Morrow and Thomas Bean, CCIM, represented both the landlord, Tempe CC, LLC and tenant, BehaviorCare AZ, LLC, in a 73-month office lease for 5,913 SF at 4515 S. McClintock Dr., Tempe, AZ.
Mark Wilcke and Michael Gaida represented the tenant, Sports and Fitness Exchange Legacy, LLC, in a 32-month industrial lease for 21,300 SF at 5609 W. Latham St., Phoenix, AZ. The landlord, Grillnetics Outdoor Kitchen Manufacturers, was represented by Gary Anderson with Cushman & Wakefield.
Isy Sonabend and Drew Eisen represented the landlord, MasTec Network Solutions, LLC, in a 19-month industrial sub-lease for 20,582 SF at 330 E. Germann Road, Gilbert, AZ. The tenant, SemiTorr Group, LLC, was represented by Mike Parker with CBRE.
Lane Neville and Cole Neville represented the landlord, Chandler Medical Property Company, LLC, in an 84 month office lease for 2,197 SF at 655 S. Dobson Road, Chandler, AZ. The tenant, Xavier Heart Institute, PLLC, was represented by Karl Frye with Frye Practice Sales Healthcare Real Estate.
Joan Krueger represented the tenant, Crown Fiber Optics Corp., in a 36-month office lease for 3,907 SF at NEC of Nunnely Road and South 182nd Place. The landlord Burnham 182, LLC, was represented by Tyson Breinholt, Ryan Edwards and Cliff Jenkins with CPI.
Joan Krueger represented the sub-lessor, First Citizens Bank & Trust Company, in a 32-month office sub-lease for 3,545 SF at 7373 N. Scottsdale Road, Scottsdale, AZ. The tenant, Republic Bank of Arizona, was represented by Chris Jantz with Kidder Matthews.
Thomas Bean, CCIM and Matt Harper, CCIM, represented the tenant, Pollack Southwind Plaza, LLC, in a 64-month retail lease for 4,110 SF at 953 E. Elliott Road, Tempe, AZ. The landlord, SynerGYSTic Wellness, LLC, was represented by Robert Pollack.
Jeffrey Garza Walker represented the landlord, CPLC, in a 60-month retail lease for 3,500 SF at 1401 E. Van Buren St., Phoenix, AZ. The tenant, Core Collective Fitness, was self-represented.
Dylan Whitwer and Don Morrow represented the tenant, GIG, in a 39-month office sub-lease for 2,923 SF at 2141 E. Broadway Road, Tempe, AZ. The landlord, Paragon Payment Solutions, was represented by Kyle Seeger with JLL.
Matt Harper, CCIM, represented the landlord, Yee Legacy II, LLC, in a 64-month retail lease for 1,152 SF at 18914 E. San Tan Blvd., Queen Creek, AZ. The tenant, Gateway Barbershop, LLC, was self-represented.
Dylan Whitwer and Don Morrow represented the tenant, Lloyd Consulting Group, LLC, in a 39-month office lease for 1,167 SF at 960 W. Elliot Road, Tempe, AZ. The landlord, KWC Acacia Court, LLC, was represented by Michael Strittmatter with Cushman & Wakefield.
Matt Harper, CCIM, represented the landlord, JAS Properties, LLC, in a 37.5-month retail lease for 1,250 SF at 12310 N. 32nd St., Phoenix, AZ. The tenant, Gilded Creations, was represented by Casey Anker with Insight Land & Investments.
Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 25-month retail lease for 1,107 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, BCF, LLC, 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.
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