Phoenix Lease Report July 25 – 29, 2016

Phoenix skyline 450x250 LEASE REPORTThe following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from July 25 thru 29, 2016

RETAIL – NWC of QUEEN CREEK RD and HIGLEY RD., GILBERT
Cellular Sales of Arizona, LLC, leased 3,600-square-feet within Higley Pavilion at the northwest corner of Queen Creek Road and Higley Road in Gilbert, Arizona. The tenant’s space will be located in a pad building to be constructed in front of the shopping center. The tenant is an authorized dealer for Verizon Wireless. Jason Fessinger of Strategic Retail Group represented the landlord, Higley Pavilion, LLC.  Brenna Lacey of Volk Company represented the tenant.

RETAIL – 3308 N. McCLINTOCK DR., TEMPE
A retail lease renewal for 2,326-square-feet within 3308 N. McClintock Dr. in Tempe, AZ to Bottle Shop 48 was recently consummated. The owner of the center is McClintock, LLC. Jared Lively of Rein & Grossoehme represented both the Tenant and the Landlord on this transaction.

RETAIL – 12446 N. 28th DR., PHOENIX
A lease for 1,384-square-feet in Metro Village Shopping Center to Iglesia Cristiana Dulce Presencia was recently consummated. The location of the property is 12446 N 28th Dr. Phoenix, AZ. The owner of the center is Metro Village Family Trust. Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

RETAIL – 4494 W. PEORIA, GLENDALE
A lease for 1,046-square-feet in Plaza 44 Shopping Center to El Elyon Tax Service was recently consummated. The location of the property is 4494 W Peoria in Glendale, AZ. The owner of the center is Plaza 44 Trust.  Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.




Tucson REALTORS® Make a few Endorsements in Primary Election

TAR Logo FeatureTUCSON, AZ – In the upcoming August 30 Primary Election, the Tucson Association of REALTORS® (TAR) endorses Rhonda Pina, Bill Rodman and Steve Solomon for the three Oro Valley Town Council seats, and Steve Christy for the District 4 Pima County Supervisor seat.

“Rhonda Pina, Bill Rodman and Steve Solomon will bring common sense and a spirit of cooperation to the Oro Valley Town Council,” states TAR 2016 President Eric Gibbs.

“We look forward to working together with Rhonda, Bill and Steve to continue to shape the town that many of our association members are proud to call home,” he added.

“Steve Christy has worked hard as a respected business and civic leader in our community,” stated TAR President Eric Gibbs. “His experience and perspective will greatly enhance the Pima County Board of Supervisors. We look forward to working with Steve to make Pima County a better place to work and live.”

Candidate interviews were conducted by the association’s Candidate and Ballot Measures Task Force.

 




6 Arizona Cities Named Best Places to Rent in U.S.

Best places to rentArticle originally posted on AZ Big Media on July 28, 2016

Arizona’s multifamily market has been enjoying a ten year high lately, so its no surprise six Arizona cities made WalletHub’s top ten best cities in the U.S. for renters.

To help prospective renters get the most bang for their buck, WalletHub’s analysts compared the 150 largest cities based on their rental attractiveness and quality of life. In making such a comparison, we examined each city across 15 key metrics, ranging from historical rental-price changes to cost of living to jobs availability.

  1. Scottsdale, Ariz.
  2. Overland Park, Kan.
  3. Chandler, Ariz.
  4. Tempe, Ariz.
  5. Gilbert, Ariz.
  6. Plano, Texas
  7. Las Vegas, Nev.
  8. Peoria, Ariz.
  9. Phoenix, Ariz.
  10. Tampa, Fla.

The study also noted the ten worst places, which in this case was the bottom ten of the 150 cities studied, in the U.S. for renters. Arizona municipalities didn’t make that list, and it wasn’t very surprising either.

  1. Oakland, Calif.
  2. Hialeah, Fla.
  3. New York, N.Y.
  4. Detroit, Mich.
  5. Philadelphia, Pa.
  6. Santa Ana, Calif.
  7. Buffalo, N.Y.
  8. Baltimore, Md.
  9. Moreno Valley, Calif.
  10. Los Angeles, Calif.

Click Here for Full Article in WalletHub