Vestis Group negotiated a ground lease for Salad & Go, at the intersection of 19th Avenue & Northern Avenue, in North Central Phoenix and 2,000 SF retail lease for Balunsd in North Scottsdale

Phoenix, Arizona – Vestis Group, a commercial brokerage and investment firm in Phoenix, announced the completion of a ground lease for Salad & Go, along Phoenix’s 19th Avenue Corridor, at 8054 N 19th Avenue, Phoenix, AZ 85021.

“This will be Salad & Go’s nineteenth location in Arizona,” says Matt Morrell, President of Retail Investments at Vestis Group and the lead broker for this transaction, “this location is located in the Sprouts-anchored shopping center at the northwest corner of 19th Avenue and Northern making it ideal for customers living and working in North Central Phoenix. The new location is currently under construction with a grand opening date later this spring.”

The landlord for the Salad & Go ground lease is a private investor from Tucson, Arizona.

In a separate transaction,  Vestis Group also completed the lease for Balunsd, in North Scottsdale, at 14202 N Scottsdale Rd, Suite 165-A, Scottsdale, AZ 85254.

“This is the second Scottsdale location for Balunsd. The first location opened near Old Town at 6820 E 5th Ave, Suite 115, Scottsdale, AZ 85251,” says Matt Morrell, President of Retail Investments at Vestis Group and the lead broker for this transaction, “Balunsd is an advanced performance and recovery studio. Balunsd provides its clients with access to advanced recovery and performance tools used by professional and elite athletes. We are actively seeking additional locations for Balunsd in the Southeast Valley and across Metro Phoenix.”

The Phoenix based Vestis Group commercial brokerage team of Natan Jacobs and Matt Morrell negotiated both leases on behalf of the tenant, Salad & Go and Balunsd.

Vestis Group provides tenant representation services to select national, regional and local tenants with their expansion plans throughout Arizona.

PHOENIX, ARIZ. — The $2.15 million sale of an automotive retail building in Chandler and the $860,000 sale of an office building in North Central Phoenix highlight recent deals closed by NAI Horizon professionals.

Sale Transactions:
Mark Wilcke negotiated a sale of a 9,974 SF retail building, representing the seller, 1731 Arizona Warner LLC, for $2.15 million. The property is located at 1731 N. Arizona Ave., Chandler, AZ. The buyer, Mesa Campus LLC, represented itself.

Kevin Higgins negotiated a sale of a 3,866 SF office building, representing the seller, SB Spartan Enterprises, LLC, for $860,000. The property is located at 1747 E. Morten Ave., Units 105-110, Phoenix, AZ. The buyer, ELM Holdings, LLC was represented by Justin Cirell with ROI Properties.

Lease Transactions:
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Ken’s Nails, in a 60-month lease for 1,500 SF at 439 S. Ellsworth Road, Mesa, AZ. The landlord, Evergreen-Broadway & Ellsworth, LLC, was represented by Mike Ord with DL Slaughter.

Don Morrow, Mike Myrick and Dylan Whitwer represented the landlord, AP-PP, LLC in a 60-month office lease for 2,405 SF at 401 W. Baseline Road, Tempe, AZ. The tenant, Megan Stanek and Seema Bacon, were represented by Kathleen Holmes with ROI Properties.

Mike Myrick represented both the landlord, Thomas Investments Limited Partnership, LLP and the tenant, Pulmonary Associates, PA in a 36-month office lease for 3,841 SF at 1112 E. McDowell Road, Phoenix, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Joanie Geroulis, in a 36-month retail lease for 1,848 SF at 15443 N. Cave Creek Rd., Phoenix, AZ. The tenant, German Auto AZ, LLC, represented themselves.

Matt Harper, CCIM represented the tenant, Puleo Fitness, Inc., in a 60-month retail lease at 3220 W. Southern Ave., Phoenix, AZ. The landlord, MBB Laveen, LLC, was represented by Jennifer Eggert with Orion Investment Real Estate.

Thomas Bean, CCIM represented the sublandlord, Orora Packing Solutions, in a 21-month office sublease at 1900 W. University Dr., Tempe, AZ. The tenant, Barrett Financial Group, LLC, was represented by Michael Douglas with Commercial Properties Inc.

Don Morrow, Mike Myrick and Dylan Whitwer represented the landlord, AP-PP, LLC, in a 39-month office lease for 2,086 SF at 401 W. Baseline Road, Tempe, AZ. The tenant, Optimal Health and Wellness, Inc., was represented by Nancy Dang with Keyser.

Rick Foss and Jay Olson represented the landlord, Friedman Anthem, LLC, in a 38 mo. industrial lease for 2,330 SF at 42302 N. Vision Way, Anthem, AZ. The tenant, Sonoran Cycles, LLC, was represented by Alan Houston with SRS Real Estate Partners.

Matt Harper, CCIM represented the landlord, Robert Lee Thatcher and Arlene A. Thatcher, in a 38-month retail lease for 1,215 SF at 7025 N. 48^th Ave., Glendale, AZ. The tenant, Duran Bennett and Stephanie Bennett represented itself.

Don Morrow, Mike Myrick and Dylan Whitwer represented the landlord, Richard & Lisa Ivicevic, in a 24-month office lease for 694 SF at 600 E. Baseline Road, Tempe, AZ. The tenant, East Valley Senior Care, LLC, was represented by Goldstar Business Brokers.

TEMPE, ARIZONA ‒ Liv Communities, a leader in multi-family and senior living development and property management, has been recognized in Arizona and Michigan for its high Online Reputation Assessment (ORA) scores for 2019.

Liv Communities ranked No. 3 nationally in the Division IV category (2,000 to 9,999 units) with an ORA of 84.92. The average ORA of all companies in that category was 61.66.

Liv Avenida Apartments in Chandler ranked fifth in Arizona with an ORA of 93. Liv Arbors in Traverse City, Michigan., ranked eighth with an ORA of 89.

ORA scores are determined by J Turner Research, the leader in online reputation research in the multifamily industry, and represent the industry standard to measure and benchmark a community’s online reputation.

“We are humbled by our beloved residents who continue to share their great experiences with others. The honor of being recognized for contributing to their happiness is great inspiration for us to continue to improve our brand for every Liv customer,” said Heidi Arave, Vice President of Liv Multifamily. “We love helping people ‘liv’ fuller lives, and hearing we’ve made a positive impact for our residents is what gets us up in the morning.”

The ORA score is an aggregate compilation of a communities rating across more than 21 review sites and Internet Listing Services (ILSs). Multifamily Executive (MFE), J Turner’s media partner, publishes the rankings each month.

J Turner has produced more than 25 national research studies that highlight emerging trends, shifting demographics, industry best practices and new market opportunities.

To enrich the lives of its residents, Liv incorporates elements of technology, sustainability, wellness and community into its community designs. Liv offers resort style, state-of-the-art amenities including resort-style pools and spas, fully equipped fitness centers with personal trainers, indoor and outdoor lounge areas, game rooms, parks, walking paths and more.