PHOENIX, ARIZONA – Three land sales, three retail building sales and two office sales totaling almost $8.5 million highlight recent transactions closed by NAI Horizon professionals. Land sales totaled $3.64 million; retail building sales totaled $3 million; and office sales totaled $1.845 million.
Sale Transactions:
Chris Gerow, Shelby Tworek and Gabe Ortega negotiated the sale of 2.88 acres of land representing the buyer, Queen Creek Fiesta, LLC for $1.8 million. The property is located at NEC of Edison Road and SR 347, Maricopa, AZ. The seller, VP Edison 15, LLC was represented by Brad Douglass with Kidder Mathews.
Mark Wilcke negotiated the sale of a 12,650 SF retail building representing the buyer, JAED Investments, LLC for $1.425 million. The property is located at 746-748 W. Southern Ave., Mesa, AZ. The seller, Bridget Valenciano & Jennifer Hazelwood was represented by Ken McQueen with Lee & Associates.
Don Morrow, Mike Myrick, CCIM and Dylan Whitwer negotiated the sale of a 14,559 SF office building representing both the seller, Richard Ivicevic and Lisa Ivicevic, Trustees of the Richard Ivicevic and Lisa Ivicevic Family Trust dated 11/03/1993 and the buyer, 600 E. Baseline, LLC for $1.3 million. The property is located at 600 E. Baseline Road, Tempe, AZ.
Christopher Lewis negotiated the sale of 1.15 acres of land representing the seller, Blais Properties, LLC for $1.2 million. The property is located at 21360 N. 75th Ave., Glendale, AZ. The buyer, Heart One Associates, LLC was represented by Kamaljit Kaur with HomeSmart.
Matt Harper, CCIM negotiated the sale of a 2,150 SF retail building representing the buyer, KEMAD, LLC for $900,000. The property is located at 12555 NW Grand Ave., El Mirage, AZ. The seller, McLemore Consulting, LLC was represented by Bonnie Halley with Colliers International.
Christopher Lewis negotiated the sale of a 9,000 SF retail building representing the seller, Rick & Sharon Wilson for $675,000. The property is located at 2828 N. 59th Ave., Phoenix, AZ. The buyer, Michelle Landgren Lee was self-represented.
Chris Gerow, Shelby Tworek and Gabe Ortega negotiated the sale of 1.14 acres of land representing the buyer, Tempe Thorn Rentals, LLC for $640,000. The property is located at 8415 W. Indian School Road, Phoenix, AZ. The seller, 8415 W. Indian School Road, LLC was represented by James DeCremer with Avison Young.
Mike Myrick, CCIM negotiated the sale of a 2,180 SF medical office building representing the seller, Diamondback Properties Group, LLC for $545,000. The property is located at 2995 W. Elliot Road, Chandler, AZ. The buyer, Hekmat Hakiman was represented by Susan McCall with Commercial Property Connect.