The following lease transactions were reported to the Real Estate Daily News for the Phoenix Lease Report during the week of February 17-21, 2014.

RETAIL SPACE – 3975 E THOMAS RD, PHOENIX
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented both the landlord, GM 40 T LLC, and the tenant, JEG Fit 40th & Thomas, LLC, in a 15 year retail lease transaction for a 22,613-Square-foot space at 3975 East Thomas Road in Phoenix, AZ.

RETAIL SPACE – 4303 W PEORIA AVE, GLENDALE
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Mountain Range Restaurants, in a 15 year retail lease transaction for a 4,700-square-foot space at 4303 West Peoria Avenue in Glendale, AZ. Paul Serafin and Matt Morrell with De Rito Partners represented the landlord, DP89, LLC.

RETAIL SPACE – 4505 E CHANDLER BLVD, PHOENIX
Laurel Lewis with NAI Horizon in Phoenix represented the landlord, HB Foothills Gateway, LLC, in an 86 month office lease transaction for a 4,153-square-foot space at 4505 East Chandler Boulevard in Phoenix, AZ. The tenant was West USA Realty, Inc.

RETAIL SPACE – 4505 E CHANDLER RD, PHOENIX
Laurel Lewis with NAI Horizon in Phoenix represented the landlord, HB Foothills Gateway, LLC, in a 66 month office lease transaction for a 2,560-square-foot space at 4505 East Chandler Boulevard in Phoenix, AZ. Grafton Milne with Menlo Group represented the tenant, Smith LC.

RETAIL SPACE – 3491 W FRYE RD, CHANDLER
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Luv My Bling, LLC, in a 7 year retail lease transaction for a 2,200 square-foot space at 3491 West Frye Road in Chandler, AZ. Cameron Warren with Phoenix Commercial Advisors represented the landlord, GM Chandler Village, LLC.

RETAIL SPACE – 1825 E GUADALUPE RD, TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Linda Mar Ventures, Inc., in a 5 year retail lease transaction for a 1,400 square-foot space at 1825 East Guadalupe Road in Tempe, AZ. The landlord was WRI Retail Pool I.

OFFICE SPACE – 14239 W BELL RD, SURPRISE
Tom Bean and Troy Giammarco with NAI Horizon in Phoenix represented the tenant, JOBY Management, in a 26 month office lease transaction for a 1,374-square-foot space at 14239 West Bell Road in Surprise, AZ. Tyler Smith with Colliers International represented the landlord, Paramount Surprise, LLC.

OFFICE SPACE – 1130 E MISSOURI AVE, PHOENIX
Peggy Johnson with NAI Horizon in Phoenix represented the landlord, Alice Avenue, LLC, in a 5 year office lease transaction for a 770-square-foot space at 1130 East Missouri Avenue in Phoenix, AZ. The tenant was John D Hensler, LLC.

RETAIL SPACE – 250 N LITCHFIELD RD, GOODYEAR
Tom Bean, Troy Giammarco, and Laurel Lewis with NAI Horizon in Phoenix represented the landlord, TriCal Commercial Investments, LLC, in a 65 month lease transaction for a 297 square-foot space at 250 North Litchfield Road in Goodyear, AZ. Arvle Knight with Kasten Long Commercial represented the tenant, Verco Decking, Inc.

To submit lease and / or sales transactions, email us at [email protected].

Phoenix lease deals are listed in descending order for square-feet:

Isy Sonabend of NAI Horizon represented the landlord, SB Management, in a two-year industrial lease renewal for a 14,557-square-foot space at 54 N. 45^th Ave. in Phoenix.

SRS Real Estate Partners announced that Dollar Tree has signed two new Phoenix leases and a third in Tucson. (see Tucson lease report for third lease)

The first new location is a 10,865-square-foot space at Squaw Peak Plaza located at the NEC of Thomas Road and State Route 51 in Phoenix. Other tenants include; Steven’s Shoes and Douglas Barber Shop. Dollar Tree plans to open in early 2014. The second new location is an 8,000-square-foot space at Gilbert Gateway Towne Center located at the southwest corner of the San Tan Freeway and Power Road in Gilbert. The Target anchored shopping center includes; Michael’s, Ross, Chase, Petsmart and Sweet Tomatoes. Dollar Tree plans to open in early 2014. Kurt Kalocin with SRS Real Estate Partners represented the tenant, Dollar Tree in these transactions. Brian Woods and Tom Woods with Collier’s International represented the Landlord, Vestar, in the Gilbert Gateway Towne Center transaction. Regan Amato and Tyler Chester with Phoenix Commercial Advisors represented the landlord, Kornwasser Shopping Centers, in the Squaw Peak Plaza transaction.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Three Fingers, LLC, in a 120-month retail lease transaction for 5,000-square-feet at 1035 W. Queen Creek Rd. in Chandler. Torrey Briegel with Phoenix Commercial Advisors represented the landlord, The Falls Investors, LLC.

Dance Studio C leased 4,060-square-feet at McKellips Lindsay Center located at 2860 E. McKellips Road in Mesa. Michael Gaida of Sperry Van Ness represented the landlord in the transaction. Darin Edwards of CPI represented the tenant.

Richard Mackay of Rein & Grossoehme represented the Landlord and Carol Asnen of RE/MAX represented the tenant in a lease for 3,450-square-feet in Plaza 47 Shopping Center to Truth Ministry Church. The location of the property is 6610 N. 47^th Avenue in Glendale, AZ.  .  The owner of the center is R&G 47^th Avenue LLC.

Mike Myrick and Alexandra Loye of NAI Horizon represented the landlord, Donald G. Lyon Family Trust, in a 65-month office lease transaction for a 2,607-square-foot space at 1553 W. Todd Dr. in Tempe. Ron Moore with Rimrock Companies represented the tenant, Arizona Resource Specialists, LLC.

Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the tenant, EBO Investments, LLC, in a five-year retail lease transaction for a 2,470-square-foot space at 1809 N. Dysart Rd. in Avondale.

Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the Landlord and Bryan Lamond represented the Tenant in a lease for 2,400-square-feet at 4029 N. 28th Avenue in Phoenix, AZ to Lenny’s Burgers. The Landlord is Enayat Abrishami.

Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the tenant, Delia’s Cleaners of Arizona, Inc., in a seven-year retail lease transaction for a 2,302-square-foot space at 9920 S. Rural Rd. in Tempe. Joe Doucett with GDC/RE represented the landlord, SY Warner Ranch, LLC.

Justin Horwitz and Nicole Ridberg of Sperry Van Ness represented the landlord at Ventura Gateway to lease 2,287-square-feet to the SOLIS Group. Ventura Gateway is located at 8687 E. Via De Ventura in Scottsdale. Nathan Wade of 22Back represented the tenant.

Jennifer Keeler of NAI Horizon represented the landlord, West Florence Holdings, LLC, in a 60-month retail lease transaction for 2,000-square-feet at 1609 E. Florence Blvd. in Casa Grande.

Peggy Johnson of NAI Horizon represented the landlord, JTR Casa Real, LLC, in a 14-month retail lease transaction for a 1,784-square-foot space at 3302 N. 3^rd St. in Phoenix.

Mary Ridberg and Rommie Mojahed of Sperry Van Ness represented the landlord at 8^th Avenue Shops in Mesa to lease 1,307-square-feet to Herbalife. This neighborhood retail center is located at 810 S. Alma School Road.  Michael Hashim of AZ Prime Real Estate represented the tenant.

Peggy Johnson represented the landlord, Alice Avenue, LLC, in a 50-month office lease transaction for 1,156-square-feet at 1130 E. Missouri Ave. in Phoenix. Debbie Cato with Diamond Properties represented the tenant, Artplay, LLC.

Jared Lively of Rein & Grossoehme represented the owner and the tenant on a lease for 880-square-feet in Kings Inn Plaza to Matt’s Multimedia.  The location of the property is 10659 W. Grand Ave in Sun City, AZ.  The owner of the center is Kings Inn Plaza, LLC.

Phoenix Lease deals are reported weekly. To submit sales and leases email [email protected].

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Tuesday was Election Day. With all the partisan issues we have had over the past few years, it’s understandable that many Americans are turned off by politics and politicians these days. Yet, we believe that exercising our right to vote is what makes our nation great. Even though these off-year elections tend to have low participation rates, we believe that these election years may even be more important for ours and our children’s futures and so we vote. Well at least 67,000 of us in Tucson did, less than 30%.

We understand the 70% rest of you may have been suffering government overload, or just didn’t find the time in 3-weeks to mail a ballot.

So we would just like to say thank-you to the 30% who did manage to vote on or before Election Day this year. There were no “I Voted” stickers handed out, so please just know your vote did matter to the rest of us voting. We were always taught, if you don’t vote, you can’t complain, so just remember that right is reserved for those who participated and voiced their opinion through a ballot.

2013 CITY OF TUCSON GENERAL ELECTION: INCUMBENTS WIN, PROPOSITIONS PASS – In Tuesday’s election, incumbent City Council Members Karin Uhlich, Richard Fimbres, and Steve Kozachick were re-elected. Propositions 401 and 402, the City’s expenditure limit increase and general plan, passed. 60,679 ballots have been counted, representing about 27% of registered voters in the City of Tucson. About 6,900 ballots, most of which were turned in by voters yesterday at City polling locations, have yet to be counted. “I think this shows what we’ve been doing these past years has re-earned the trust with many of the voters in Tucson,” said Mayor Jonathan Rothschild. “And it’s a good sign for the future.”

VAIL INCORPORATION EFFORT FAILS – About 56% of voters in the proposed town of Vail said no to incorporation in yesterday’s election. About 44% of the community’s voters turned out for the election. Citizens for Vail, the group behind the incorporation effort, had proposed an initial budget of $3.2M, to be funded by state-shared revenue. An opposition group calling itself Vail Incorporation Facts claimed the proposed budget was unrealistic, and that the proposed town’s budget would not be able to sustain levels of municipal service currently provided by Pima County. Law enforcement, road maintenance and other municipal services provided by Pima County in its unincorporated areas are paid for by taxpayers countywide, including residents of the City of Tucson, Marana, Oro Valley, Sahuarita and South Tucson.

SUNNYSIDE OVERRIDE FAILS – 53% of voters in Sunnyside Unified School District said no to a proposed budget override that would have provided an extra $9.3 million annually for seven years. Arizona law limits property tax rates that school districts can impose to fund their budgets. However, the state allows residents to vote for an increase of up to 15 percent on that limit.

MESA VOTERS APPROVE $130M BONDS FOR ROADWAY AND PUBLIC SAFETY IMPROVEMENTS – Voters in the City of Mesa approved two bond questions to fund street and public-safety projects. With 96% of the city’s precincts reporting, plus early ballots, the unofficial returns showed “yes” leading 55.7% to 44.3% for Question 1, which would authorize $51.7 million in capital spending for the police and fire departments. Question 2, authorizing $79.1 million for streets and related infrastructure, had received 56% in favor and 44% opposed.