PHOENIX, ARIZONA – NAI Horizon facilitated the sale of an IT firm’s industrial asset, then helped find the client a smaller warehouse and office space in a highly desirable uptown business plaza.
NAI Horizon Managing Director Laurel Lewis and Senior Vice President Rick Foss represented the seller, Aldante 1, LLC of Peoria, Arizona, in the $1.2 million disposition of its 8,800-SF industrial building at 2901 W. Clarendon in Phoenix. Mora REI LLC of Temecula, California, was the buyer.
Lewis then represented the tenant, Accram, Inc. (Aldante 1, LLC), in long-term leases at 2423 E. Peoria Ave. (an industrial building, 1,400 SF) and at 7227 N. 16th St. (an office, 2,945 SF), both in Phoenix.
The two leases totaled more than $427,000. The landlord at the Peoria Avenue property is Phoenix Gateway Partners and the landlord at the 16th Street office building – Pointe Business Plaza – is Bogle Family Realty LLLP.
“Selling the industrial building was a great return on investment for the client. It then provided the opportunity to find and lease a smaller warehouse space and office space with all the fixtures in an ideal location,” Lewis said. “Finding office space with furniture in uptown Phoenix, where the client wanted to be, put a nice finishing touch on these three transactions.”
Founded in 1981, Accram is a locally owned technology solution provider. Accram provides information technology services. It offers cloud, IT consulting, remote monitoring, firewall and virus protection, data storage, printer, and structural cabling services. Accram serves customers in the U.S.
KC Smith with Gentry Real Estate represented the buyer in the sale of 2901 W. Clarendon. Kevin Higgins with NAI Horizon was the leasing agent for the long-term lease at Pointe Business Plaza.