PHOENIX, ARIZONA (Oct. 11, 2022) – Transactions involving a retail building and office space in the Southeast Valley highlight recent deals closed by NAI Horizon professionals. A retail building in Gilbert sold for $2.26 million and office space in Chandler sold for $21,000.
Sale Transactions:
Matt Harper, CCIM, negotiated the sale of a 7,702 SF retail building representing the seller, GGR Holdings, Inc., for $2.26 million. The property is located at 4024 E. Guadalupe Road, Gilbert, AZ. The buyer, Michael P. Glick, was represented by Carrick Sears with SVN.
Joe Pequeno and Troy Giammarco negotiated the sale of 728 SF office space representing the seller, Westhouse Properties, LLC, for $210,000. The property is located at 5505 W. Chandler Blvd., Suite 6, Chandler, AZ. The buyer, Wilbur Management Group, Inc., was represented by Stu Wilbur with Wilbur Management Group, Inc.
Lease Transactions:
Jay Mininberg represented the tenant, Five Point Wealth Advisors, LLC, in a 63-month office lease for 2,248 SF at 8925 E. Pima Center Parkway, Scottsdale, AZ. The landlord, Pima Freeway Commerce Center III, LLC, was represented by Shawn Dooley with Ross Brown.
Thomas Bean, CCIM, and Laurel Lewis represented the landlord, State Bar of Arizona, in a 60-month office lease for 1,780 SF at 4201 N 24th St., Phoenix, AZ. The tenant, Pacific Southwest Minority Supplier Development Council, was represented by Darius Green with Keyser.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Queen Creek Fiesta, LLC, & JW Duke Enterprises, LLC, in a 60-month retail lease for 1,300 SF at 44460 W. Edison Road, Maricopa, AZ. The tenant, GNC Holdings, LLC, was represented by Neil Board with Western Retail Advisors.
Don Morrow and Dylan Whitwer represented the tenant, Better Living Wellness, LLC, in a 60-month office lease for 2,432 SF at 7725 N. 43rd Ave., Phoenix, AZ. The landlord, Mesa 7165 East University, LLC, was represented by Samuel Rutledge with CPI.
Joe Pequeno and Troy Giammarco represented the tenant, Downstreem, LLC, in a 65-month office lease for 1,346 SF at 10451 W. Palmeras Drive, Sun City, AZ. The landlord, Bell Plaza Arizona, LLC,/Lineage CRE, was represented by Tyler Smith with Kidder Mathews.
Thomas Bean, CCIM, represented the landlord, Joseph & Esther Arianeh, in a 36- month office lease for 2,806 SF at 10240 W. Bell Road, Sun City, AZ. The tenant, Maxfar, LLC, was self-represented.
Matt Harper, CCIM, represented the landlord, HBR Properties, LLC, in a 37-month retail lease for 1,440 SF at 3825 N. 75th Ave., Phoenix, AZ. The tenant, Vasquez Ramirez Edmundo E, was represented by Marisol Herrera with At Home Real Estate AZ.
Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 48-month retail lease for 2,240 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Leroy and Juanelda Grogen, were self-represented. ar
Matt Harper, CCIM, and Thomas Bean, CCIM, represented the landlord, Achuldjan, LLC, in a 36-month office lease for 1,557 SF at 4616 N 51st Ave., Phoenix, AZ. The tenant, Gila Internal Medicine & Geriatrics, P.C. was self-represented.
Matt Harper represented the tenant, KBM Holdings, in a 38-month retail lease for 2,048 SF at 318 E. Brown Road, Mesa, AZ. The landlord, Brown Road Baseline, LLC, was represented by Michael Achtman with Orion.
Thomas Bean, CCIM, represented the landlord, Joseph & Esther Arianeh, in a 24-month office lease for 1,854 SF at 10240 W. Bell Road. The tenant, David Dobrusin CPA, LLC, was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, New Legacy Treatment Center, LLC, in a 12-month at 3414 N. 27th Ave., Phoenix, AZ. The landlord, Professional Roadside Assistance, LLC, was represented by Tarif Jaber with Jaber.
Matt Harper, CCIM, represented the landlord, Missouri Plaza, LLC, in a 13-month retail lease for 2,000 SF at 4304 W. Missouri Ave., Glendale, AZ. The tenant, RiverRock Staffing, 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 located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, 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 300 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 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 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 and a gross revenue of $1.5 billion.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate 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.
###