PHOENIX, ARIZONA (March 9, 2021) – The sale of a retail building in Springerville, Arizona, and the sale of an office building in Phoenix totaling $1.235 million highlight recent deals closed by NAI Horizon professionals.
Sale Transactions:
Matt Harper, CCIM negotiated the purchase of a 52,154 SF retail building representing the buyer, 2021 Plaza, LLC for $750,000. The property is located at 205-231 S. Mountain Ave., Springerville, AZ. The seller, Springerville Plaza, LLC was self-represented.
Mike Myrick, CCIM negotiated the sale of a 2,851 SF office building representing the seller, Vicki Simpson for $485,000. The property is located at 3610 N. 44th St., Phoenix, AZ. The buyer, Global Tool Supply, LLC was represented by Mary Del Carmen Ramos with ICG-Phoenix, LLC.
Lease Transactions:
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Los Rios Farms, Inc. in a 60-month retail lease for 3,702 SF at 4705 E. Carefree Highway, Cave Creek, AZ. The tenant, JK 11 JCIL, Inc. was represented by Joseph Chung with West USA Realty.
Matt Harper, CCIM represented the landlord, Grand Center Plaza, LLC in a 65-month retail lease for 3,800 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Bibiano’s Mexican Restaurant, LLC was self-represented.
Matt Harper, CCIM represented the landlord, JEMAD, LLC in a 60-month retail lease for 1,710 SF at 6449 W. Glendale Ave., Glendale, AZ. The tenant, Jorge Salcido Valenzuela and Jimmy D. Lara Hernandez was self-represented.
Thomas Bean, CCIM and Laurel Lewis represented the landlord, State Bar of Arizona in a 24-month office lease for 2,878 SF at 4201 N. 24th St., Phoenix, AZ. The tenant, Rise48 Equity, LLC was represented by Zach Haptonstall with Phoenix Prestige Real Estate.
Thomas Bean, CCIM and Jay Mininberg, J.D. represented both the landlord, Vintage Garden Properties and the tenant, MedEvals of Colorado, Inc. in a 63-month office lease for 1,678 SF at 10240 W. Bell Road, Sun City, Arizona.
Kevin Higgins represented the landlord, Bogle Family Realty, LLLP in a 63-month office lease for 1,088 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, Danovich Financial and Tax Services, PLLC was self-represented.
Matt Harper, CCIM represented the tenant, DMND KUTZ, LLC in a 65-month retail lease for 1,088 SF at 9130 W. Thomas Road, Phoenix, AZ. The landlord, MAGS Properties, LLC was represented by Robert Nolan with Oxford Realty Advisors.
Kevin Higgins represented the landlord, Bogle Family Realty in a 39-month office lease for 1,588 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, Southwest Insurance Group was represented by Joe Pequeno and Troy Giammarco with NAI Horizon.
Jeff Adams represented the tenant, International FTR, LTD in a 24-month industrial lease for 4,400 SF at 500 S. 52nd St., Tempe, AZ. The landlord, Sea Shell Properties was represented by Cory Breinholt and Cory Sposi with Commercial Properties, Inc.
Matt Harper, CCIM represented the landlord, Hope Thunderbird Investments, LLC in a 38-month retail lease for 1,000 SF at 5123 W. Thunderbird Road, Glendale, AZ. The tenant, Jose Antonio De La Torre was self-represented.
Matt Harper, CCIM represented the landlord, H&T Properties, LLC in a 24-month retail lease for 900 SF at 602 W. Union Hills Drive, Phoenix, AZ. The tenant, Flower Power Management, LLC was self-represented.
Dylan Whitwer and Don Morrow represented the landlord, AP-PP, LLC in a 36-month office lease for 559 SF at 401 W. Baseline Road, Tempe, AZ. The tenant, Acupuncture and Chinese Classical Herbal Medicine was represented by Tiffany Hopkins with HomeSmart, LLC.
Matt Harper, CCIM represented the landlord, MAZ Northern Plaza, LLC in a 24-month retail lease for 800 SF at 5008 W. Northern Ave., Glendale, AZ. The tenant, Marc Anthony Tan 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 375+ 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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. NAI Global completes in excess of $20 billion in commercial real estate deals.
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.