Phoenix Lease Report March 25-29, 2019

Phoenix Lease Report – March 25-29, 2019

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from March 25 thru 29, 2019.

INDUSTRIAL – 2316-2328 W HUNTINGTON DR., TEMPE
Jeff Adams of NAI Horizon represented the tenant, Big City Insulation, Inc., in a 36-month industrial lease for 19,846-square-feet at 2316-2328 W. Huntington Drive, Tempe, AZ. Matt McDougall & Chris McClurg with Lee & Associates represented the landlord, Highland Associates, LLC.

RETAIL – 185 W APACHE TRAIL, APACHE JUNCTION
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon of NAI Horizon represented the tenant, Peddlers Mall, LLC, in a 63-month retail lease for 14,000-square-feet at 185 W. Apache Trail, Apache Junction, AZ. Brian Gausden with Western Retail Advisors represented the landlord, SimonCRE Lodgepole, LLC.

OFFICE – 7500 N DREAMY DRAW DR., PHOENIX
Laurel Lewis of NAI Horizon represented the tenant, Adopt Technologies, in a 38-month office lease for 4,605-square-feet at 7500 N. Dreamy Draw Drive, Phoenix, AZ. Greg McMillian with Cushman & Wakefield represented the landlord, BH Squaw Peak, LLC.

OFFICE – 4515 S MCCLINTOCK DR., TEMPE
Tom Bean, CCIM, and Jay Mininberg, J.D. of NAI Horizon represented the landlord, Tempe CC, LLC, in a 48-month office lease for 3,333-square-feet at 4515 S. McClintock Drive, Tempe, AZ. Dominic Perry with Avison Young represented the tenant, GoTechNow.com, LLC.

RETAIL – 1805 E ELLIOT RD.,  TEMPE
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon of NAI Horizon represented the tenant, Philly’s on Elliot, LLC, in a 63-month retail lease for 3,300-square-feet at 1805 E. Elliot Road, Tempe, AZ. The landlord, Pollack Royal Palm Plaza, LLC, represented itself.

WAVEMAX LAUNDRY TO CLEAN UP AT WINSOR RANCH IN PHOENIX
WaveMax has leased a 3,221-square-foot space to open a state-of-the-art laundromat in Winsor Ranch at 3415 W. Glendale Avenue, Phoenix, Arizona. WaveMax will carry the best equipment on the market, from washers which will automatically weigh the clothes and use the precise amount of water required for best possible wash to Eco Power dryers! Donna Reece of ZELL Commercial Real Estate Services represented the Landlord, while Shelby Tworek of NAI Horizon represented the Tenant.

RETAIL – 4024 E GUADALUPE RD., GILBERT
Matt Harper, CCIM, of NAI Horizon represented the landlord, GGR Holdings, Inc., in a 126-month retail lease for 2,841-square-feet at 4024 E. Guadalupe Road, Gilbert, AZ. Mark Haslip with the Menlo Group represented the tenant, Cattron’s DMD, PLLC.

RETAIL – THE PALMS CENTER, PHOENIX
A lease for 2,400-square-feet in The Palms Center to Dive In Deli was recently consummated.  The location of the property is 15610 N 35th Ave in Phoenix, AZ.  Nic Chavira of Rein and Grossoehme Commercial Real Estate represented the owner and the tenant.

ATHLETICO PHYSICAL THERAPY OPENS AT THE UNION AT GILBERT
Athletico Physical Therapy has leased 2,100-square-feet at 3310 S. Higley Road, Gilbert, AZ in The Union at Gilbert. Athletico Physical Therapy with more than 25 years of experience in helping remove pain and discomfort from people’s lives, while specializing in working with athletes, and weekend warriors of all ages. Dena Zell of ZELL Commercial Real Estate Services & Luke Patterson of Swearingen Realty Group represented the Tenant on the Lease, while Chuck Gibson of SRS Real Estate Partners represented the Landlord on the Lease.

RETAIL – 6445 N 51ST AVE., GLENDALE
Matt Harper, CCIM, of NAI Horizon represented the landlord, Robert & Arlene Thatcher, in a 39-month retail lease for 1,550-square-feet at 4740 W. Glendale Ave., Glendale, AZ. Erin Schrauth with Strategic Retail Group represented the tenant, Boost Mobile.

RETAIL – 6170 S 51ST AVE., LAVEEN
Matt Harper, CCIM, of NAI Horizon represented the landlord, The Shops at Phoenix, LLC, in a 64-month retail lease for 1,490-square-feet at 6170 S. 51st Ave., Laveen, AZ. Bryan Mortenson with LRA represented the tenant, Arizona Foot and Ankle Medical Center, LLC.

RETAIL – 2829 E UNIVERSITY DR., MESA
Matt Harper, CCIM, of NAI Horizon represented the landlord, the Chahoud Family Trust, in a 60-month retail lease for 1,436-square-feet at 2829 E. University Drive, Mesa, AZ. The tenant, Misty Virgil, represented itself.

OLGA BROW STUDIO TO RELOCATE TO 7411 E. 6TH AVENUE, SCOTTSDALE
Olga Brow Studio has leased 1,342-square-feet at 7411 E. 6th Avenue, Scottsdale, AZ to relocate from their location on Scottsdale Road. Olga’s mission in life is simple – helping a woman look and feel her best. Dena Zell of ZELL Commercial Real Estate Services represented the Tenant, while Danielle Davis of LevRose Commercial Real Estate represented the Landlord on the Lease.

PAWLOR PETS SOON TO JOIN SUN SHADOW SQUARE IN SUN CITY
Pawlor Pets has leased 1,306-square-feet at Sun Shadow Square at 10050 W. Bell Road, Sun City, AZ. Pawlor Pets will use natural, high-quality shampoos and conditioners specifically designed to be environmentally safe with biodegradable ingredients ensuring a positive pet grooming salon experience. Donna Reece of ZELL Commercial Real Estate Services represented the Landlord, while Bob Myers of Phoenix West Commercial, LLC represented the Tenant on the Lease.

MASKADORES TACO SHOP TO BRING GREAT MEXICAN CUISINE TO DESERT VALLEY PLAZA
Maskadores Taco Shop has leased 1,240 square feet in Desert Valley Plaza located on the SEC of 40th Street and E. Bell Road at 4001 E. Bell Road in Phoenix, Arizona. Maskadores Taco Shop is a local chain of “wrestling themed” (lucha libre) Mexican eateries offering nearly 20 kinds of tacos, burritos, enchiladas, tostadas, quesadillas and nachos. Dena Zell of ZELL Commercial Real Estate Services represented the Landlord, while Nick DeDona of Phoenix Commercial Advisors represented the Tenant on the Lease.

METRO BY T-MOBILE OPENS IN PONDEROSA VILLAGE IN PAYSON
METRO BY T-MOBILE has leased 1,200 square feet in Ponderosa Village located at 203-401 E. Highway 260, Payson, Arizona. Metro by T-Mobile is a prepaid wireless carrier with a network throughout the United States. Donna Reece of ZELL Commercial Real Estate Services represented the Landlord, while Sean Bishop of Lee & Associates represented the Tenant.

NEW OWNERS OF THE POOL SHOP SIGN LEASE TO STAY IN MOUNTAIN PARK PAVILIONS II
Ownership of The Pool Shop has changed hands and the new owners have leased 1,200-square-feet in Mountain Park Pavilions II located at 3820 E. Ray Road, Phoenix, Arizona. The Pool Shop provides leading brands, quality chemicals, in-store water analysis and the newest products of the year. Kari Barker of ZELL Commercial Real Estate Services represented the Landlord on the Lease.

NORIS BRIDAL RELOCATES TO NORTH CENTRAL PLAZA, AVONDALE
Noris Bridal has relocated and opened a 1,200-square-foot retail store in North Central Plaza located at 725 N. Central Avenue in Avondale, Arizona. Noris Bridal offers a wide array of wedding & Quinceañera gowns, plus tuxedo rentals and accessories. Donna Reece of ZELL Commercial Real Estate Services represented the Landlord on the Lease.

OFFICE – 4515 S MCCLINTOCK DR., TEMPE
Barbara Lloyd and Tom Bean, CCIM, of NAI Horizon represented the landlord, Tempe CC, LLC, in a 36-month office lease for 1,142-square-feet at 4515 S. McClintock Drive, Tempe, AZ. The tenant, AmeriLife of Arizona, LLC, represented itself.

RETAIL – 6445 N 51ST AVE., GLENDALE
Matt Harper, CCIM, of NAI Horizon represented the landlord, Kayrich Associates, LLC, in a 60-month retail lease for 1,040-square-feet at 6445 N. 51st Ave., Glendale, AZ. The tenant, Regal Laundries & Management, LLC, represented itself.

RETAIL – 1241 E BROADWAY RD., MESA
Matt Harper, CCIM, of NAI Horizon represented the landlord, Hillcrest Plaza, LLC, in a 12-month retail lease for 1,000-square-feet at 1241 E. Broadway Road, Mesa, AZ. The tenant, Escuela de Musica Jireh, LLC, represented itself.

SONORAN AESTHETICS AND WELLNESS TO OPEN SOON IN TRAMONTO MARKETPLACE
Sonoran Aesthetics and Wellness will open a 903-square-foot facility located at 3170 W. Carefree Hwy in Tramonto Marketplace in Phoenix, Arizona. Sonoran Aesthetics and Wellness will provide the highest quality of care possible to all people. Combining chiropractic care, massage therapy and acupuncture Sonoran Aesthetics makes genuine healing available to clients everywhere. Donna Reece of ZELL Commercial Real Estate Services represented the Landlord on the Lease.

OFFICE – 12600 N 113TH AVE., YOUNGSTOWN
Dylan Whitwer and Logan Crum of NAI Horizon represented the tenant, Wall Agency, Farmers Insurance, in a 36-month office lease for 833-square-feet at 12600 N. 113th Ave., Youngtown, AZ. Scot Hall with Wolf Realty, Inc. represented the landlord, GEM Capital Management, LLC.

ARTISAN OLIVE RELOCATES TO GREENWAY PROMENADE IN GLENDALE
Artisan Olive has leased a 660-square-foot retail store located at 5930 W. Greenway Road in Greenway Promenade in Glendale, Arizona. Artisan Olive offers the freshest Ultra-Premium Extra Virgin Olive Oils from around the world and Balsamic Vinegar from Modena, Italy. Donna Reece of ZELL Commercial Real Estate Services represented the Landlord on the Lease.




Phoenix Lease Report Week of Jan. 30 – Feb. 3, 2017

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from January 30 thru February 3, 2017.

INDUSTRIAL – 2225 S 43RD AVE., PHOENIX
NAI Horizon Senior Vice Presidents Isy Sonabend and Rick Foss negotiated a long-term industrial lease for a façade and curtainwall design company at 2225 S. 43rd Ave., in Phoenix.  NAI Horizon represented the tenant, Enclos, in a deal worth $1.373 million. Enclos manufactures office building window curtains. Enclos is leasing 117,780-square-feet of the facility, Riverside Distribution Center, which formerly housed a moving and storage company.

“The business climate and extensive site search propelled Phoenix as the prime location to situate Enclos’ manufacturing operations in the Southwest part of the country,” Sonabend said. Amenities of the space (Suite 1 in the building) include a 7,373-square-feet existing upgraded office, 15 dock-high positions, four grade-level positions, evaporative-cooled warehouse, and a 25,000-square-feet secured rear lot.The landlord, Exeter 2225 S. 43rd Av. LLC of Conshohocken, PA, was represented by Riley Gilbert of JLL.

RETAIL – 1625 W CAMELBACK RD., PHOENIX
NAI Horizon negotiated a long-term lease for a Planet Fitness at 1625 W. Camelback Rd., in Phoenix. The NAI retail properties team of Senior Vice President Chris Gerow, Senior Vice President Shelby Tworek, Vice President Gabe Ortega, and Associate Patrick Anthon represented the tenant, JEF-FIT 17th Ave. & Camelback, LLC of Philadelphia in the transaction totaling $2.723 million. This is the fourth long-term lease for a Planet Fitness in Metro Phoenix for the NAI Horizon retail team in the past eight months. Other municipalities include Queen Creek, Gilbert and Maricopa.

“There were multiple moving parts on this particular deal. It was a very complex transaction involving Planet Fitness, the existing tenant (Blast Fitness) and the current landlord,” Tworek said. “Planet Fitness had a void in this particular trade zone and we were able to create an opportunity that worked for all parties involved.” Planet Fitness is actively looking for additional sites in Metro Phoenix. The landlord in the Camelback deal, Park Lee Star Holdings, LLC of Brooklyn, N.Y., was represented by Zell Commercial.

RETAIL – PARADISE SQUARE, SWC THUNDERBIRD & 40TH ST., PHOENIX
A Retail Lease for 2,330-square-feet within Paradise Square at SWC of Thunderbird & 40th Street in Phoenix, AZ to Zabari Mediterranean Restaurant was recently consummated. The owner of the center is Manatee Investments, LLC.  Jared Lively of Rein & Grossoehme represented the Landlord and Kevin Roessler of Rein & Grossoehme represented the tenant on this transaction.

RETAIL – PARADISE SQUARE, SWC THUNDERBIRD & 40TH ST., PHOENIX
A Retail Lease for 1,110–square-feet within Paradise Square at SEC of 40th St & Thunderbird in Phoenix, AZ to MetroPCS was recently consummated. The owner of the center is Southwestern Holdings, LLC.  Jared Lively of Rein & Grossoehme represented the landlord and Hayden Duff of HK Realty represented the Tenant on this transaction.

RETAIL – ROSS PLAZA, NEC 43RD AVE & PEORIA, PHOENIX
A Retail Lease for 1,110–square-feet within Ross Plaza at NEC of 43rd Ave & Peoria in Phoenix, AZ to Goldfinger Barber Shop was recently consummated. The owner of the center is BH Properties.  Jared Lively of Rein & Grossoehme represented both the landlord and the tenant on this transaction.

RETAIL – GREENWAY VILLAGE SQUARE, SEC 35TH & GREENWAY, PHOENIX
A Retail Lease for 900-square-feet within Greenway Village Square at SEC of 35th Ave & Greenway in Phoenix, AZ to MetroPCS was recently consummated. The owner of the center is Southwestern Holdings, LLC.  Jared Lively of Rein & Grossoehme represented the landlord and Hayden Duff of HK Realty represented the tenant on this transaction.

RETAIL – THUNDERBIRD SQUARE, SEC 35TH & GREENWAY, PHOENIX
A Retail Lease for 900-square-feet within Thunderbird Square at SEC of 35th Ave & Thunderbird in Phoenix, AZ to MetroPCS was recently consummated. The owner of the center is Southwestern Holdings, LLC. Jared Lively of Rein & Grossoehme represented the landlord and Alexis Suarez of ASI Real Estate represented the tenant on this transaction.




Phoenix Lease Report December 19-30, 2016

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from December 19 thru 30, 2016.

INDUSTRIAL – 1888 E BROADWAY RD., TEMPE, AZ
Isy Sonabend and Rick Foss with NAI Horizon represented the landlord, Tempe Partnership, in a 108-month industrial lease for 26,023-square-feet at 1888 E. Broadway Rd., Tempe, AZ. Rick Foss represented the tenant, TDIndustries, Inc.

OFFICE – 1255 W BASELINE RD., TEMPE, AZ
Laurel Lewis of NAI Horizon represented the tenant, Southwest Behavioral Health, in a 51-month office lease with 1255 Baseline, LLC for 8,825-square-feet at 1255 W. Baseline Rd., Mesa, AZ.

RETAIL – MAIN ST & RECKER RD, MESA, AZ
A Retail Lease for 3,544-square-feet within Buckhorn Plaza at NEC of Main St & Recker Rd in Mesa, AZ to Athoria Games was recently consummated. The owner of the center is EC Mesa, LLC.  Jared Lively of Rein & Grossoehme represented the Landlord and Jason Feldman of Arizona Commercial Real Estate represented the Tenant.

RETAIL – 7114 E SAHUARO DR., SCOTTSDALE, AZ
Sharon Reeves with NAI Horizona represented the landlord, Norma Jane Clarke Trust, in a 26-month retail lease with The Lost and Found Resale, LLC for 2,888-square-feet at 7114 E. Sahuaro Dr., Scottsdale, AZ.

OFFICE – 1201 S ALMA SCHOOL RD., MESA, AZ
Laurel Lewis of NAI Horizon represented the tenant, Financial Services, in a 60-month office lease with Mesa Financial Plaza, LLC for 2,770-square-feet at 1201 S. Alma School Rd., Mesa, AZ.

RETAIL – 6663 E McDOWELL RD., MESA, AZ
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, Breaking Eggs Café, LLC, in a 126-month retail lease for 2,225-square-feet at 6663 E. McDowell Rd., Mesa, AZ. Chris Corso with DeRito Partners, Inc. represented the landlord, Superstition Promenade, LLC.

RETAIL – 1949 W RAY RD., CHANDLER, AZ
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, CP6SW, LLC, in a 64-month retail lease for 2,210-square-feet at 1949 W. Ray Rd., Chandler, AZ. Randy Shell with Shell Commercial represented the tenant, SoHo Hair Bar.

RETAIL – 1840 E WARNER RD., TEMPE, AZ
Chris Gerow Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented both the tenant and landlord, Ken’s Nails, in a 126-month retail lease with CP6MF, LLC for 2,100-square-feet at 1840 E. Warner Rd., Tempe, AZ.

RETAIL – SWC UNIVERSITY & LOOP 101, TEMPE, AZ
A Retail Lease for 1,946-square-feet within University 101 Shops at SWC of University & Loop 101 in Tempe, AZ to Brainstorm Escape Room was recently consummated. The owner of the center is 2155 E. University, LLC.  Jared Lively of Rein & Grossoehme represented both the Landlord and the Tenant on this transaction.

RETAIL – 6655 E McDOWELL RD., MESA, AZ
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, Breaking Eggs Catering, in a 120-month retail lease for 1,657-square-feet at 6655 E. McDowell Rd., Mesa, AZ. Chris Corso with DeRito Partners, Inc. represented the landlord, Superstition Promenade, LLC.

OFFICE – 1144 E McDOWELL RD., PHOENIX, AZ
Tom Bean and Stan Matzinger with NAI Horizon represented the tenant, Arizona Correctional Peace Officers Association, Inc., in a 64-month office lease for 1,603-square-feet at 1144 E. McDowell Rd,, Phoenix, AZ. Philip Wurth with Colliers International represented the landlord, Okanagan Park Holdings, LLC.

RETAIL – 5052 W OLIVE AVE., GLENDALE, AZ
A lease for 1,200-square-feet at the NEC of Olive & 51st Ave to Power Nutrition was recently consummated.  The location of the property is the 5052 West Olive Ave in Glendale, AZ.  Power Nutrition has 3 locations in the metro Phoenix area.  The owner of the center is an LLC formed by West Valley Properties.  Jim Edwards of Rein & Grossoehme Commercial Real Estate represented the Tenant and Patrick Anthon of NAI Horizon represented the Landlord.

RETAIL – 9021 N 51st AVE., GLENDALE, AZ
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, CP6GC, LLC, in a 60-month retail lease for 1,200-square-feet at 9021 N. 51st Ave., Glendale, AZ. Jerry Roberts with Triple Net America, LLC represented the tenant, Avalon Massage.

RETAIL – 350 E BASELINE RD., MESA, AZ
A lease for 1,200-square-feet at the NEC of Baseline & Country Club to My Peak Wireless was recently consummated.  The location of the property is the 350 E Baseline Road in Mesa, AZ.  Peak Wireless is new to the valley, but is rapidly expanding.  The owner of the center is CFT NV Developments, LLC.  Jim Edwards of Rein & Grossoehme Commercial Real Estate represented the Landlord and Marty Olejarczyk of GPS Retail Advisors represented the Tenant.

RETAIL – NEC MAIN & RECKER RD., MESA, AZ
A Retail Lease for 1,045-square-feet within Buckhorn Plaza at NEC of Main St & Recker Rd in Mesa, AZ to MetroPCS was recently consummated. The owner of the center is EC Mesa, LLC. Jared Lively of Rein & Grossoehme represented the Landlord and Hayden Duff of HK Realty represented the Tenant.

OFFICE – 1940 E THUNDERBIRD RD., PHOENIX, AZ
Tom Bean with NAI Horizon represented both landlord and tenant, MFPI, LLC, in a 48-month office lease with Marc Business Forms, Inc. for 905-square-feet at 1940 E. Thunderbird Rd., Phoenix, AZ.

OFFICE – 1940 E THUNDERBIRD RD., PHOENIX, AZ
Tom Bean with NAI Horizon represented both landlord and tenant, MFPI, LLC, in a 24-month office lease with Paul G. Severs, PC for 616-square-feet at 1940 E. Thunderbird Rd., Phoenix, AZ.

RETAIL – SWC THUNDERBIRD & TATUM, PHOENIX, AZ
A lease for 600-square-feet at the SWC of Thunderbird & Tatum to Sleeping Beauty Spa & Lash Bar was recently consummated.  The location of the property is the SWC of Thunderbird & Tatum in Phoenix, AZ.  Sleeping Beauty is a single location operator.  The owner of the center is an LLC formed by Joan Pederson.  Jim Edwards of Rein & Grossoehme Commercial Real Estate represented the Tenant and Chris Campbell of Cushman Wakefield represented the landlord.

RETAIL – 1830 E WARNER RD., TEMPE, AZ
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6MF, LLC, in a 60-month retail lease with Verizon Wireless, LLC for 418-square-feet at 1830 E. Warner Rd., Tempe, AZ.

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