PHOENIX, ARIZ. (Jan. 9, 2020): The $3.5 million sale of a Tempe retail building and the sales of two self-storage properties for a combined $3.55 million in two rural Arizona towns highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Lane Neville and Logan Crum negotiated a sale of a 19,810 SF retail building, representing the buyer, Old Vine Limited Partnership, for $3.5 million. The property is located at 2240 N. Scottsdale Road, Tempe, AZ. The seller, DROF 1-5, LLC, represented itself.
Denise Nunez negotiated the sale of a self-storage property, representing the seller, 603 Industrial, LLC, for $2 million. The property is located at 603 Industrial Drive, Camp Verde, AZ. The buyer, Daniel W. Balliet, Diana L. Balliet, and Jason A. Balliet, was represented by Don Arsenault with Don Arsenault Realty.
Denise Nunez negotiated the sale of a self-storage property, representing the seller, Georgeanna Jones, for $1.55 million. The property is located at 3586 E. US Highway 60, Miami, AZ. The buyer, TAJ Apex Consulting Group, LLC, represented itself.
Rick Foss and Jay Olson negotiated a sale of a 13,264 SF industrial building, representing the buyer, Precision Glass & Aluminum, LLC, for $1.07 million. The property is located at 2020 W. Melinda Lane, Phoenix, AZ. The seller, 2020 Melinda Inc. represented itself.
Troy Giammarco and Joe Pequeno with NAI Horizon and Sean Gillespie with Nathan & Associates negotiated the sale of a 5,140 SF office building and 3 acres of land, representing the seller, Vulture Peak Properties Limited Inc., for $1 million. The property is located at 1938 Wickenburg Way, Wickenburg, AZ. The buyer, Town of Wickenburg, represented itself.
Mark Wilcke and Michael Gaida negotiated the sale of a 9,900 SF industrial building, representing the seller, Paul’s Car Care Inc., for $965,000. The property is located at 1457-1459 N. Arizona Ave., Chandler, AZ. The buyer, CW Legacy LLC, was represented by Kenneth Elmer with Commercial Properties Inc.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon negotiated a 5,997 SF retail building, representing the seller, Sun City Restaurant, LLC, for $925,000. The property is located at 13039 N. 103rd Ave., Sun City, AZ. The buyer PTM Properties, LLC, represented itself.
Lori Kahn negotiated a sale of a 2,506 SF medical building, representing the buyer, Integrity Pain and Anesthesia PLLC, for $601,838. The property is located at 6677 W. Thunderbird Road, Glendale, AZ. The seller, Christian Consulting, Design and Engineering, was represented by Megan Reeves with Plaza del Rio.
Matt Harper, CCIM, negotiated the sale of a 3,736 SF office building, representing the seller, The Larry A. Kamka and Ellena M. Kamka Revocable Living Trust, for $325,000. The property is located at 7840 N. 31st Ave. Phoenix, AZ. The buyer, Southwest District Council of Assemblies of God, was represented by Bill Nanney with KW Commercial.
Matt Harper, CCIM, negotiated a sale of a 1,975 SF office building, representing the seller, Daniel J. Swingler and Dorothy Marie Swingler for $275,000. The property is located at 5830 N. 59th Ave., Glendale, AZ. The buyer, EEMAD, LLC, represented itself.
Dylan Whitwer negotiated the sale of a 3,930 SF office building, representing the buyer, Folz Properties LLC, for $260,000. The property is located at 2015 W. Apache Blvd., Apache Junction, AZ. The seller, L.R.K. Inc., was represented by Tony Vehon with Wichert Realtors – Lake Realty.
Matt Harper, CCIM, negotiated a sale of a 1,215 SF retail building, representing the buyer, Robert Lee Thatcher and Arlene A. Thatcher, for $103,000. The property is located at 7025 N. 48th Ave., Glendale, AZ. The seller, Frank Yamamoto and Kumiki Yamamoto, represented itself.
Laurel Lewis and Dylan Whitwer negotiated a sale of a 1,709 SF office building, representing the seller, Troon LLC, for $95,508. The property is located at 10045 E. Dynamite Blvd., Bldg: F., Scottsdale AZ. The buyer, Manaco Ventures Trust, represented itself.
Lease Transactions:
Mike Kumelski represented the tenant, Aggregate Athletics, LLC, in a 120-month retail lease for 44,927 SF at 7720 Union Park Ave., Midvale, UT. The landlord, Fort Union Shopping Center LLC, was represented by Scott Brady/MK Partner Ben Brown with Mountain West Commercial.
Mike Myrick, Don Morrow and Dylan Whitwer represented the landlord, Thomas Investments Limited Partnership, LLP, in a 132-month office lease for 4,603 SF at 1112 E. McDowell Road, Phoenix, AZ. The tenant, Thomas Investments Limited Partnership, LLP, was represented by Alexandra Loye with Colliers.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6MF LLC, in a 120-month retail lease for 2,814 SF at 1840 E. Warner Road, Tempe, AZ. The tenant, Core Concepts AZ Tempe, LLC, was represented by Sean Bishop with Lee & Associates.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented both the tenant, SB Tempe, LLC and the landlord, Ziegler’s NYPD Pizza, LLC, in a 66-month retail sublease for 2,746 SF at 222 S. Mill Ave., Tempe, AZ.
Jeff Adams represented the tenant, Camp Roofing, LTD, in a 51-month industrial lease for 8,521 SF at 1440 West 12th Place, Tempe, AZ. The landlord, BKM Twins 115, LLC, was represented by Andy Brigham & Bill Bayless with CBRE Phoenix.
Isy Sonabend represented the tenant, Smalley and Company, in a 36-month industrial lease for 12,815 SF at 5546 W. Roosevelt St., Phoenix, AZ. The landlord, Kensington Investments V, LLC, was represented by Gary Anderson with Cushman & Wakefield.
Mike Myrick represented the landlord, Kyrene Office Suites, LLC, in an 84-month office lease for 1,318 SF at 605 W. Knox Road, Tempe, AZ. The tenant, Edward Jones, was represented by Larry Little with Mutual Property Advisors.
Laurel Lewis and Mike Kumelski represented the tenant, Domino’s Pizza, LLC, in a 61-month office lease for 2,146 SF at 2601 E. Thomas Road, Phoenix, AZ. The landlord, Arizona Assemblies of God Real Estate Holding Company, LLC, was represented by Suzanne Enright with Shell Commercial.
Chris Gerow, Shelby Tworek, Gabe Ortega & Patrick Anthon represented the landlord, Weingarten Nostat Inc., in a 60-month retail lease for 1,440 SF at 7750 E. McDowell Road, Scottsdale, AZ. The tenant was represented by Kolton Pico Matosich with Sheldon Wiseman Commercial Real Estate.
Thomas Bean, CCIM, and Laurel Lewis represented the landlord, Corner Edge Interactive, LLC, in a 21-month office sublease for 3,446 SF at 2165 W. Pecos, Chandler, AZ. The tenant, The Institute for Liver Health, LLC, represented itself.
Matt Harper, CCIM, represented the landlord, HBR Properties, LLC, in a 39-month retail lease for 1,600 SF at 3522 Grand Ave., Phoenix, AZ. The tenant, Gabriel Amavizca and Quintero Murrieta Guadalupe dba Encinas Meat, represented itself.
Matt Harper, CCIM, represented the landlord, Allan Edward Slatin Trust, in a 41-month retail lease for 2,500 SF at 4744 E. Thunderbird Rd., Phoenix, AZ. The tenant, Arizona Budokan, LLC, was represented by Greg Valladao with SRS Real Estate Partners.
Matt Harper, CCIM, represented the landlord, Kayrich Associates, LLC, in a 60-month retail lease renewal for 3,528 SF at 6445 N. 51st Ave., Glendale, AZ. The tenant, Zena Yakoob and Shaalan Yakoob dba Express Food Mart, represented itself.
Matt Harper, CCIM, represented the landlord, HBR Properties, LLC, in a 39-month retail lease for 1,000 SF at 3522 Grand Ave., Phoenix, AZ. The tenant, El Paris Barbershop, LLC dba Raspados El Bikini, represented itself.
Thomas Bean, CCIM, and Laurel Lewis represented the landlord, Top of the Tram, LLC, in a 10-month office lease for 3,446 SF at 2165 W. Pecos, Chandler, AZ. The tenant, The Institute for Liver Health, LLC, represented itself.
Don Morrow and Dylan Whitwer represented the landlord, Freeport Investments, in a 24-month office lease for 2,002 SF at 2720 E. Thomas Rd., Phoenix, AZ. The tenant, Centria Healthcare, represented itself.
Matt Harper, CCIM, represented the landlord, Puchhi, Inc., in a 38-month retail lease for 1,240 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, BCF, LLC dba Remedy Kettlebell Club, represented itself.
Matt Harper, CCIM, represented the landlord, Kayrich Associates, LLC, in a 38-month retail lease for 1,712 SF at 6445 N. 51st Ave., Glendale, AZ. The tenant, Pretty Wicked Bootcamp LLC, represented itself.
Jennifer Loehnert represented the tenant, Evolution Insurance, LLC, in a 24-month office lease for 389 SF at 3101 N. Central Ave., Phoenix, AZ. The landlord, Boxer Property Management Corp., was represented by Robert Wilder with Boxer Property Management Corp.
Joan Krueger, Don Morrow and Dylan Whitwer represented the landlord, Norman Family LP, in a 12-month office lease for 500 SF at 1111 N. Gilbert Road, Gilbert, AZ. The tenant, Better Way Tax, represented itself.