10646 E. Pecos Rd., in Mesa, Arizona

    PHOENIX, ARIZONA (March 26, 2018) – The sale of a contractor’s warehouse in Mesa and a land sale, 15 acres within Maricopa County, highlight recent transactions closed by NAI Horizon professionals.

Sale Transactions:

Rick Foss and Tom Bean, CCIM, negotiated the sale of a 12,436 SF property, representing both the buyer, YBL, LLC, and the seller, DMW Properties, LLC, for $2.675 million. The property is located at 10646 E. Pecos Road, Mesa, AZ.

Mark Wilcke negotiated the sale of a 15-acre plot of land, representing the buyer, United States of America, for $907,200. The property is located south of the SEC of Litchfield Road and Glendale Avenue in Maricopa County. Chad Russell with Land Advisors represented the seller, M&S Land Investment Company, LLP.

John Toben negotiated the sale of a 7,100 SF office property, representing the seller 16th Street Property Investments, LLC, for $800,000. The property is located at 7325 N. 16th St., Phoenix, AZ. Jacques-Henri Munro with Munro Realty International represented the buyer, ADLS Inc.

Rick Foss negotiated the sale of a 1.832-acre land property, representing the seller, Nelson AZ Properties, LLC, for $466,841. The property is located at 0 E. Corporate Place, Chandler, AZ. Kent Hanson with Cushman & Wakefield represented the buyer, Unique Companies, LLC.

Laurel Lewis, Barbara Lloyd, and Lane Neville negotiated the sale of a 3,900 SF office property, representing the seller, Troon, LLC, for $270,883. The property is located at 10031 E. Dynamite, Units 200, 205 and 210, Scottsdale, AZ.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, The Market at Estrella Falls, LLC, in a retail lease with Party City for 15,068 SF at 1981 N. Pebble Creek Parkway, Goodyear, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease with Five Guys Burgers for 2,405 SF at 21545 S. Ellsworth Loop Rd., Queen Creek, AZ. Ben Craney with NAI Horizon – Tucson represented the tenant.

Tyler Smith represented the tenant, Landmark Title Assurance Agency of Arizona, LLC, in a 63-month lease at 7047 E. Greenway Parkway, Scottsdale, AZ. Mike Strittmatter with CBRE represented the landlord, JPMCC 2007-CIBC19 East Greenway, LLC.

Barbara Lloyd and Tom Bean, CCIM, represented the landlord, Tempe CC, LLC, in a 60-month office lease for 2,604 SF at 4515 S. McClintock Dr., Tempe, AZ. Tim Whipple with West USA Commercial represented the tenant, Coelho & Associates.

Matt Harper represented the landlord, Hope Thunderbird, LLC, in a 60-month retail lease for 1,584 SF at 13702-4 N. 51st Ave., Glendale, AZ.

Tom Bean, CCIM, represented the tenant, Delante Solutions, LLC, in a 66-month retail lease for 825 SF at 960 W. University Dr., Tempe, AZ. Trent Rustan with CPI represented the landlord, 32 Gallon Investments, LLC.

Matt Harper represented the landlord, Puchhi, Inc., in a 12-month retail lease renewal for 1,020 SF at 9501 W. Peoria Ave., Peoria, AZ.

Matt Harper represented the landlord, Hillcrest Plaza, LLC, in a 12-month retail lease for 820 SF at 1241 E. Broadway Road, Mesa, AZ.