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NAI Horizon facilitates deal with community engagement non-profit in $13M, long-term lease renewal at Phoenix Memorial Center

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  • NAI Horizon facilitates deal with community engagement non-profit in $13M, long-term lease renewal at Phoenix Memorial Center
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May 13, 2024
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Real Estate Daily News Service
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PHOENIX, ARIZ. (May 13, 2024) – NAI Horizon represented the landlord, an advocate for underserved individuals and communities, in a long-term lease totaling $13 million at Phoenix Memorial Center, 1201 S. 7th Ave., in Phoenix.

NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented CPLC PM Redevelopment, LLC, of Phoenix, in the lease renewal totaling 149,679 SF. The tenant is Southwest Key Program, Inc., one of the largest, Latino-led nonprofit organizations in the U.S.

Southwest Key is the anchor tenant at Phoenix Memorial Center, owned by Chicanos Por La Causa, and a major asset for the organization.

“The renewal of Southwest Key anchors the Phoenix Memorial Hospital as one of CPLC’s most valued assets that supports the mission of empowering lives,” Gaza Walker said.

Since 1987, Southwest Key has been on the frontline of social justice, youth advocacy, and immigration. For 37 years, Southwest Key has created a culture of family and community engagement to fulfill its service platform, which includes youth and family services, an unaccompanied children’s program, and workforce development.

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