PHOENIX, ARIZONA (March 4, 2025) – NAI Horizon represented the buyer in the $2.825 million acquisition of Sun Aire Plaza II, a well-established retail center in Peoria, Arizona.
NAI Horizon First Vice President Troy Giammarco represented Old Man Cactus, LLC, a San Jose, California-based investor, in the acquisition of the 64,033 SF retail asset located at 9501 W. Peoria Ave. Built in 1979, Sun Aire Plaza II sits on 1.47 acres at the intersection of Peoria and North 95th avenues.
“Troy is our respected and trusted advisor. He took us through the entire process from choosing the title company through the closing and even helping us find a property management firm. He made sure all the i’s were dotted, and the t’s were crossed,” the buyers said.
The seller, Fen Investments, Inc., of Chandler, Arizona, was represented by Cindy Moy-Zhang and Brook Miller with Re/Max Solutions.
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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