PHOENIX, ARIZONA (June 30, 2021) – The sale of a self-storage facility in Gilbert and the sale of an industrial building in Phoenix highlight recent deals by NAI Horizon professionals. Recent deals also included the sale of land in Peoria and Mesa. The four deals totaled $20.9 million.
Sale Transactions:
Denise Nunez and Victoria Filice negotiated the $17.5 million sale of Envy Self-Storage & RV, representing the seller, 202 Storage, LLC. The property is located at 18612 S. Lindsay Road, Gilbert, AZ. The buyer, JLL Arizona Self Storage, LLC was self-represented.
Isy Sonabend and Drew Eisen negotiated the sale of a 19,524 SF industrial building representing the buyer, Who’s Holdings, LLC for $2.25 million. The property is located at 450 E. Watkins St., Phoenix, AZ. The seller, MHBB Capital, Inc. was represented by Trevor McKendry and Chris Rogers with DAUM Commercial Real Estate Services.
Rick Foss and Jay Olson negotiated the sale of 1.74 acres of land representing the buyer, 83rd Avenue & Northern, LLC for $785,000. The property is located at 8002-8004 N. 83rd Ave., Peoria, AZ. The seller, Ball-Smith, LLC was represented by Sean Gillespie with Nathan & Associates.
Mark Wilcke negotiated the sale of 1.1 acres of land representing the seller, Scoobie Bo, LLC for $400,000. The property is located at NWC Sycamore Road and 1st Avenue, Mesa, AZ. The buyer, Kim Temme and Dana Temme was represented by Chad Benninghoff.
Lease Transactions:
Laurel Lewis represented the tenant, Vocational Development Group, LLC in a 77-month office lease for 8,528 SF at 20601 N. 19th Ave., Phoenix, AZ. The landlord, 19th Ave CC AZ Flex LP was represented by Steve Sayre with JLL.
Rick Foss represented the tenant, Super Radiator Coils, LP in a 37-month industrial lease for 16,532 SF at 2060 S. 16th St., Phoenix, AZ. The landlord, Prologis, was represented by Phil Haenel with Cushman & Wakefield.
Jay Mininberg, J.D. and Thomas Bean, CCIM represented the tenant, Gotta Dance Company of Performing Arts, LLC in a 61-month flex lease for 4,923 SF at 21501 N. 78th Ave., Peoria, AZ. The landlord, WFG Arrowhead, LLC was represented by Wesley Gibbs with Pacifica Real Estate Group.
Chris Gerow, Shelby Tworek and Gabe Ortega represented the tenant, Luxor Nails Lounge, LLC in a 69-month retail lease for 1,580 SF at 3426 E. Baseline Road, Mesa, AZ. The landlord, Whitestone Village Square at Dana Park, LLC was represented by Ingrid Tucker with Whitestone REIT.
Matt Harper, CCIM represented the landlord, Hope Thunderbird Investments, LLC in a 65-month retail lease for 1,900 SF at 13709-13710 N. 51st Ave., Glendale, AZ. The tenant, Vi Do was self-represented.
Laurel Lewis represented the tenant, Southwest Behavioral Health in a 36-month office lease for 7,326 SF at 2215 Hualapai Mountain Road, Kingman, AZ. The landlord, Cheryl Smith, Surviving Trustee was represented by Kristi Patterson with RE/MAX Prestige Properties.
Joan Krueger represented the tenant, AZ Health Systems, LLC in a 36-month retail lease for 1,430 SF at 894 E. Warner Road, Gilbert, AZ. The landlord, Boros Investments, LLC was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, Arizona Security Group in a 36-month industrial lease for 2,272 SF at 2440 W. Medtronic Way, Tempe, AZ. The landlord, Reliance Management was self-represented.
Don Morrow and Dylan Whitwer represented both the tenant, Phoenix Mental Health & Wellness and the landlord, Broadway Plaza, LLC in a 32-month office lease for 1,461 SF at 1270 E. Broadway Road, Tempe, AZ.
Matt Harper, CCIM represented the landlord, Yee Legacy II, LLC in a 48-month retail lease for 960 SF at 18914 E. San Tan Blvd., Queen Creek, AZ. The tenant, Hello Beautiful Custom Aesthetics, LLC was self-represented.
Joe Pequeno and Troy Giammarco represented the tenant, Kreative Launch, LLC in a 13-month office lease for 747 SF at 1745 S. Alma School Road, Mesa, AZ. The landlord, Alma School Corporate Center Group, LLC 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 more than 300 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 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 5,100 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 and a gross revenue of $1.5 billion.
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.
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