The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from August 22 thru 26, 2016

RETAIL – 15602 N 35^th AVE., PHOENIX
A lease for 3,222-square-feet in The Palms Shopping Center to Filibertos was recently consummated.  The location of the property is 15602 N 35^th Ave in Phoenix, AZ.  The owner of the center is The Palms LLC.  Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and Greg Vanlerberghe of Levrose Commercial Real Estate represented the tenant.

RETAIL – 12436 N 28^th DR., PHOENIX
A lease for 1,384-square-feet in Metro Village Shopping Center to Ifamily Movers was recently consummated.  The location of the property is 12436 N 28^th Dr. Phoenix, AZ.  The owner of the center is Family Investments – Metro Village LLC.  Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

RETAIL – 12436 N 28^th DR., PHOENIX
A lease for 1,384-square-feet in Metro Village Shopping Center to Mirror Mirror Beauty Salon was recently consummated.  The location of the property is 12436 N 28^th Dr. Phoenix, AZ.  The owner of the center is Family Investments – Metro Village LLC.  Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

RETAIL – 3668 W. ANTHEM WAY, ANTHEM
A lease for 1,298-square-feet in Anthem East Side Shopping Center to H & R Block was recently consummated.  The location of the property is 3668 West Anthem Way in Anthem, AZ.  H & R Block has multiple other locations.  Jim Edwards of Rein & Grossoehme represented the tenant and Larry Miller of Velocity Retail Group represented the owner.

RETAIL – 6610 N. 47^th AVE., GLENDALE
A lease for 627-square-feet in Plaza 47 Shopping Center to Dobe Massage was recently consummated.  The location of the property is 6610 N 47^th Ave in Glendale, AZ.  The owner of the center is R & G 47^th Ave, LLC.  Richard Mackay of Rein & Grossoehme represented the owner and the tenant.

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from August 15 thru 19, 2016

RETAIL – 1290 N. SCOTTSDALE RD., TEMPE
A retail lease for 8,041-square-feet within Rio Salado Center at 1290 N. Scottsdale Rd in Tempe, AZ to Ombudsman Charter School was recently consummated. The owner of the center is Rio Salado Center, LLC.  Jared Lively of Rein & Grossoehme represented both the Tenant and the Landlord on this transaction.

RETAIL – 5301 – 5341 S. SUPERSTITION MOUNTAIN DR., GOLD CANYON
A lease for 2,105 square feet in Bashas’ Gold Canyon Shopping Center to Guild Mortgage, LLC was recently consummated.  The location of the property is 5301 – 5341 S Superstition Mountain Dr, Gold Canyon.  Guild Mortgage has multiple locations in multiple states.  Jim Edwards and Josh Stewart of Rein & Grossoehme represented the owner, and Michael McQuaid of HGKF represented the tenant.

RETAIL – 2155 N. SCOTTSDALE RD., TEMPE
A retail lease for 1,413-square-feet within University 101 Shops at 2155 E. University Dr in Tempe, AZ to 360 Barber Shop was recently consummated. The owner of the center is 2155 E. University, LLC.  Jared Lively of Rein & Grossoehme represented both the Tenant and the Landlord on this transaction.

ViaWest’s Camelback Corridor Property Attracts Tech Leader with Plans to Hire 350 in Phoenix

Phoenix, AZ — Zenreach, a San Francisco-based technology company, will open its first major office outside of its headquarters at Biltmore Center, 2390 E. Camelback Rd.  The company plans to employ approximately 350 people at the Camelback Corridor office.

“This makes a major win for Phoenix and the Biltmore Center property,” says Ryan Timpani, Vice President with Colliers International in Greater Phoenix.  “The tech company attracts talented millennial workers. The leadership of Zenreach found the 24th Street and Camelback Road location provides the pedestrian-friendly, amenity-rich environment that appeals to their dynamic prospective employees. This site’s proximity to the new, trendy North Central environment, offerings in Old Town Scottsdale and the dynamic Arcadia Lite area contributed heavily to this location selection.”

Zenreach has occupied a small space in Scottsdale on a temporary basis as it evaluated options in the Metro Phoenix area. The firm has leased 30,091 square feet of space in the Class A, mixed-use project located on the northwest corner of 24th Street and Camelback Road.  Zenreach currently employs approximately 90 people in the Valley and will be rapidly expanding with the new lease.  Zenreach’s focus in Biltmore Center will be a sales division.

Timpani represented Zenreach in their Phoenix office leasing efforts.  ViaWest Group, owner of Biltmore Center, was represented by Phil Breidenbach, Ryan Timpani, Todd Noel and Kathy Foster of Colliers International in Greater Phoenix.

Zenreach is an automated and ROI maximizing Customer Research Management (CRM) marketing company.  The firm works with restaurants, night clubs and retailers throughout the United States to analyze in-store behavior of customers in order to create targeted and compelling campaigns that foster customer loyalty and drive revenue.  Zenreach uses wifi hardware to assist clients in improving their marketing and financial performance.  The firm has recently received significant capital and has been funded previously by Bain Capital, SV Angel and Felicia Ventures.

“Zenreach’s commitment shines a light on a secret we want to tell at Biltmore Center,” says Steven Schwarz of ViaWest Group, owner of Biltmore Center.  “The 24^th ST & Camelback location rivals anyplace in the Valley for the ‘next generation’ tech-based workforce.  This location offers a large number and variety of truly walkable housing units, unparalleled retail and entertainment amenities and well-established technology firms that are attractive to tech workers. Biltmore Center is the hub of this ‘live-work-play community Since acquiring this property, we have worked diligently to integrate cutting-edge, office amenities that appeal to companies like Zenreach.  Our creation of a tenant meeting space and wine bar, park-setting gathering spaces and digital focal points have obviously helped us in attracting this tech company with a new economy culture.”

Zenreach has leased space on the third floor of the 2390 E. Camelback Building and took occupancy on August 15^th.