PHOENIX, ARIZONA (June 10, 2024) – NAI Horizon professionals recently closed five sales totaling more than $10 million including three industrial properties, land, and retail a retail pad. The industrial sales totaled a combined $8 million.
Sales Transactions:
Jeffrey Garza Walker negotiated the sale of 50,594 SF of an industrial building for $4.7 million, representing the buyer, American Gem Packaging Solutions, LLC. The property is located at 2760 S. La Luna, Goodyear, AZ. The seller, A1 Desert Investments, LLC was self-represented.
Rick Foss negotiated the sale of a 10,054 SF industrial building for $2.21 million representing the seller, McDowell Sonoran Holdings, LLC. The property is located at 5230 S. 39th St., Phoenix, AZ. The buyer, Bell Holdings 1100, LLC was represented by Garrett Wilson, with Cushman Wakefield.
Jay Mininberg negotiated the sale of 40,973 SF of land for $1.275 million representing the buyer, FJT1 Rental, LLC. The property is located at 2422 E. Apache Blvd., 2424 E Apache Blvd., and 1114 S. Lebanon Lane, Tempe, AZ. The seller, Robert and Mary Figueroa were represented by Neil Sherman and Zackery Sherman with Sperry-Insignia.
Jay Mininberg negotiated the sale of 4,000 SF of an industrial building for $1.224 million representing the seller, MM2 Myrtle, LLC. The property is located at 1745 W. Deer Valley Road, Phoenix, AZ. The buyer, Hakala Living Trust, was represented by Zak Kottler and Joe Cosgrove with LevRose Commercial.
Sharon Reeves and Paul Holland of Colliers negotiated the sale of .6361 AC of a retail PAD for $750,000 representing the buyer, Landa Peoria, LLC. The property is located at SEC Lake Pleasant and Happy Valley Road, Peoria, AZ. The seller, Mountainside Crossing Parcel 2B, LLC was self-represented.
Lease Transactions:
Jeffrey Garza Walker represented the tenant, Southwest Key Programs, Inc., in a 60-month office lease for 149,679 SF at 1201 S. 7th Ave., Phoenix, AZ. The landlord, CPLC PM Redevelopment, LLC, was self-represented.
Drew Eisen and Isy Sonabend represented the tenant, Elliott Electric Supply, Inc,. in a 120-month industrial lease for 15,169 SF at 9172 E. Florentine Road, Prescott Valley, AZ. The landlord, Flex Space, LLC, was represented by Matt Fish with Prescott Commercial Real Estate.
Thomas Bean, CCIM represented the landlord, MFS Properties, Inc., in a 64-month medical lease for 6,527 SF at 14733 W Mountain View Blvd., Building F, Surprise, AZ. The tenant, OrthoArizona, was represented by Vince Femiano and Kevin Smigel with Transwestern.
Joan Krueger represented the landlord, Washington 2738, LLC in a 60-month office lease for 8,621 SF at 2738 E. Washington St., Phoenix, AZ. The tenant, Windom Security Strategies Today, LLC was represented by Keri Scott with Colliers.
Larson Wilcke and Mark Wilcke represented both the landlord, 712 S. Hacienda Drive, LLC, and tenant, Tweet Garot Mechanical Inc., in a 36-month industrial lease for 4,582 SF at 712 S. Hacienda Drive, Tempe, AZ.
Matt Harper, CCIM and Leah Motsinger represented the tenant, Leo’s Tacos and Burritos, LLC in a 52-month retail lease for 1,400 SF at 16055 N. Arrowhead Fountains Drive, Peoria, AZ. The landlord, Vaswani Family, LLC, was represented by Chip Diamond with Diamond Properties, Inc.
Matt Harper, CCIM and Leah Motsinger represented the tenant, Meta PC, LLC in a 38-month retail lease for 1,800 SF at 110 S. Val Vista Drive, Gilbert, AZ. The landlord, Jabbel Holdings, LLC, was self-represented.
Don Morrow and Dylan Whitwer represented the landlord, Southwest Commercial Property, LLC in a 36-month office lease for 2,662 SF at 1990 W. Camelback Road, Phoenix, AZ. The tenant, The Recreational Wellness Center, was represented by Laurel Lewis also with NAI Horizon.
Joe Pequeno and Troy Giammarco represented the landlord, Falcon Corporate Center, LLC, in a 41-month office building lease for 1,982 SF at 4711 E. Falcon Drive, Mesa, AZ. The tenant, Arizona Department of Emergency and Military Affairs, was represented by Chris Corney with JLL.
Joe Pequeno and Troy Giammarco represented the tenant, Victorian Integrated Health Care, LLC, in a 33-month office lease for 2,499 SF at 1204 E. Baseline Road, Tempe, AZ. The landlord, McCandless Properties, was represented by Jamie Swirtz with CBRE.
Matt Harper, CCIM and Thomas Bean, CCIM represented the landlord, California Asset Portfolio, Inc. in a 62-month retail lease for 1,105 SF at 1437 E. Main St., Mesa, AZ. The tenant, Brenda Saldana, was self-represented.
Thomas Bean, CCIM represented the tenant, Neuro Diagnostic Laboratories, in a 12- month office lease for 2,975 SF at 2266 S. Dobson Road, Mesa, AZ 85202. The landlord, Rajesh Babulal Bera and Ranjan Rajesh Bera, were represented by Shane McCormick with CPI.
Matt Harper, CCIM and Leah Motsinger represented the landlord, Carol Investment Corp. in a 39.5-month retail lease for 1,025 SF at 4337 W. Indian School Road, Phoenix, AZ. The tenant, Fox Auto Insurance, Inc., was self-represented.
Joe Pequeno and Troy Giammarco represented both the landlord, Expotential Factors and tenant, Flourish Foundation, Inc., in a 12.5-month office lease for 2,689 SF at 2630 N. Ogden Road, Mesa, AZ.
Matt Harper, CCIM, and Thomas Bean CCIM, represented the landlord, Ruth E. Davies, in a 12-month office lease for 529 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Kulak Holding, LLC was self-represented.
Don Morrow and Dylan Whitwer represented both the landlord, Michael & Graciela Richards, and the tenant, Daryl Jeffrey and Nicole Springer, in a 24-month office lease for 617 SF at 114 E. Palm Lane, Phoenix, AZ.
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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