PHOENIX, ARIZ. – The sales of four retail buildings, four industrial buildings, three parcels of land, three offices, a self-storage facility and a mobile-home park represent the diversity of deals recently closed by NAI Horizon professionals. The transactions totaled $32 million.

Sale Transactions:

• Denise Nunez and Victoria Filice negotiated the sale of a 70,243 SF self-storage facility representing the seller, Rutner Family Trust dated February 4, 1992, $9.4 million. The property is located at 2301/2381 S. State St., Ukiah, CA. The buyer, Stuart Tunick, was represented by Mark Yandow with Self Storage Brokers of CA.
• Isy Sonabend and Mark Wilcke negotiated the sale of a 97,000 SF refrigerated warehouse situated on 8 acres representing the seller, Smith Family Trust, for $8.75 million. The property is located at 10401 W. Van Buren, Tolleson, AZ. The buyer, Trader Joe’s, was represented by Rob Stephens with NGKF.
• Rick Foss negotiated the sale of an 8,800 SF retail building representing the buyer, Thomas A and Olivia DuVall Family Trust, for $2.43 million. The property is located at 1410 6th St., Umatilla, Oregon. The seller, SimonCRE IV LLC, was self-represented.
• Matt Harper, CCIM, negotiated the sale of a 16,470 SF retail building representing the seller, Puchhi Inc, for $1.975 million. The property is located at 9501 W. Peoria Ave., Peoria, AZ. The buyer, Fen Investments Inc, was represented by Brook Miller with Re/Max Solutions.
• Laurel Lewis negotiated the sale of 42,435 SF of land representing the seller, Southwest Behavioral Health Services Inc., for $1.4 million. The property is located at 5709-5717 N. 7th St., Phoenix, AZ. The buyer, Hewson 75th Street, was represented by Gordon Raguse with Cushman & Wakefield.
• Mark Wilcke negotiated the sale of 9.13 acres of land representing the seller, AGI Investors, LLC, for $1.4 million. The property is located at NEC Pinal Road & Rodeo Road, Casa Grande, AZ. The buyer, Coyote Ranch Storage, LLC, was self-represented.
• Andrew Warner negotiated the sale of a 32-unit mobile home park representing the seller, BCTR46, LLC, for $1.275 million. The property is located at 2444 W. Devonshire Ave., Phoenix, AZ. The buyer was AZ Park Partners, LLC.
• Matt Harper, CCIM, and Mark Wilcke negotiated the sale of a 20,865 SF retail building on approximately 4.4 acres, representing the seller, Vahak Minassian and Gava, LLC, for $1 million. The property is located at 3660 W. Grand Ave., Phoenix, AZ, better known as Mr. Lucky’s. The buyer, 3660 W. Grand Avenue, LLC, was self-represented.
• Chris Gerow, Shelby Tworek and Gabe Ortega negotiated the sale of a 3,600 SF retail building, representing the buyer, Papago Park Realty II, LLC, for $815,000. The property is located at 222-228 E. Baseline Road, Tempe, AZ. The seller, Go West Metro, LLC, was represented by Matt Harper, CCIM, with NAI Horizon.
• Jeff Adams negotiated the sale of a 6,140 SF industrial building representing the buyer, 1545 McQueen, LLC, for $790,000. The property is located at 1545 N. McQueen Road, Gilbert, AZ. The seller, Mark S. Gunning, was represented by Darin Edwards & Leroy Breinholt of Commercial Properties Inc.
• Matt Harper, CCIM, and Thomas Bean, CCIM, negotiated the sale of a 5,824 SF medical office building representing the buyer, Vineyard Court, LLC, for $750,000. The property is located at 6628-6632 S. 22nd St., Phoenix, AZ. The seller, VPJ4, LLC, was represented by Dallan Randall & Kim Rollins with Commercial Properties Inc.
• Matt Harper, CCIM, negotiated the sale of 4.62 acres of land, representing the seller, Carl Investments Limited Partnership, for $630,000. The property is located at S/SEC Dysart Road and Washington Street, Avondale, AZ. The buyer, Dysart & Washington OZB Company, LLC, was represented by Jason Hyams with Insight Land and Investments.
• Rick Foss negotiated the sale of a 3,463 SF industrial building representing the seller DBSL Investments, LLC, for $561,030. The property is located at 2737 W. Baseline Road, Tempe, AZ. The buyer, Baseline Holding, LLC, was represented by Lesley Pelkey with My Home Group.
• Mike Myrick negotiated the sale of a 1,176 SF industrial building, representing the seller, Honey Bear’s Bar B-Q Inc., for $475,000. The property is located at 2511 E. Jefferson St., Phoenix, AZ. The buyer 2511 E. Jefferson Holdings, LLC, was represented by David Coe with DavCo Realty Advisors.
• Troy Giammarco and Joe Pequeno negotiated the sale of a 1,676 SF office unit representing the seller, Westhouse Properties, LLC, for $469,280. The property is located at 5505 W. Chandler Blvd., Chandler, AZ. The buyer, Gilbert Vista, LLC, was self-represented.
• Mike Myrick negotiated the sale of a 3,213 SF, office building representing the buyer Select AutoBody of AZ, for $375,000. The property is located at 538 W. Highland Ave., Phoenix, AZ. The seller, Carmel & Ethel Petrey Trust dated 5/9/2006, was represented by Jason Butler with ROI Properties.

For more information visit www.naihorizon.com.

Tom Newell joins Arizona’s most respected name in real estate 

SCOTTSDALE, Ariz. — Russ Lyon Sotheby’s International Realty, Arizona’s leader in the luxury market, is honored to welcome Tom Newell as their Director of Agent and Business Development. Newell will be tasked with working with the firm’s agents on expanding their technical knowledge while also looking for additional ways to improve the agent and client experience.

Prior to joining the Russ Lyon Sotheby’s International Realty family, Newell spent the last three decades with First American Title in the north Scottsdale territory. Holding positions such as a Property Research Analyst, Home Builder Sales Rep, Residential Sales Manager and working his way up as the Senior Sales Executive, Newell excelled in bringing new business to the title company and trained others through eight different applications that realtors use to apply to their particular marketing needs.

“I am thrilled to be joining Russ Lyon Sotheby’s International Realty,” said Newell. “The brand name is synonymous with high-end real estate and unique properties across the globe. With over $7 billion in closed transactions in 2021, they are a perfect fit for me, from the culture of the company and upper management, to the professionalism of its agents, to dominating the luxury market in the Valley of the Sun and statewide.”

Newell moved to Arizona over 40 years ago from Cleveland and has built an enriching life here in the Valley.  He graduated from ASU with a degree in business in 1987 and is an avid Suns, Sun Devils, and Cardinals fan. Newell’s family consists of his wife, Helena, two daughters, Kelsey (31) and Nichol (29) and two fur babies, Niko and Lucy. Newell is happiest when he’s with family and friends, hiking, skiing or relaxing by the pool.

Inspired by the late Jim Valvano, Newell believes that there are three things we all should do every day. “We should do this every day of our lives,” he said. “Number one is laugh. You should laugh every day. Number two is think. You should spend some time in thought. Number three is, you should have your emotions moved to tears, could be happiness or joy. But think about it: If you laugh, you think, and you cry, that’s a full day. That’s a heck of a day. You do that seven days a week, you’re going to have something special.”

TUCSON, AZ – Chuck E. Cheese Corporation has purchased franchisee’s 15,184-square-foot building situated on 2.33 acres of land located at 6125 E. Speedway Blvd., Tucson, AZ. Chuck E. Cheese is the #1 operator in the family entertainment industry in the world, with 659 locations.

The asset was purchased from the Franchisee for $3.3 million ($217 PSF).

This transaction closed on December 15, 2021, and also re-opened the location the same day.

Craig Finfrock of Commercial Retail Advisors, LLC represented the seller, Melvin Property #3197.

Commercial Retail Advisors, founded in 2001, specializes in the leasing and sales of shopping centers and retailer tenant representation throughout southern Arizona. For more information, please contact Craig Finfrock of Commercial Retail Advisors at (520) 290-3200 or visit their website at www.cradvisorsllc.com.

To learn more, see RED Comp #9570.