Phoenix Lease Report April 16-20, 2018

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Phoenix Leases April 16 – 20, 2018

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from April 16 thru 20, 2018.

RETAIL – 3343 W GREENWAY RD., PHOENIX, AZ
A lease for 24,650-square-feet in Greenway Village Square to Prestige Gymnastics was recently consummated.  The location of the property is 3343 W. Greenway Road in Phoenix, AZ.  The owner of the center is Southwestern Holdings, LLC. Jared Lively of Rein & Grossoehme CRE represented the Landlord and Kevin Spicer of ReMax Commercial represented the Tenant.

RETAIL – 230 W MARIPOSA RD., NOGALES, AZ
A five-year lease with Mariposa West Real Estate Services, the Landlord, and Payless Shoes was signed at Mariposa Mall Shopping Center, 230 W. Mariposa Road, Nogales, AZ, 85621 for 4,800-square-feet.  Pete Villaescusa of CBRE represented the Landlord.  Brian & Tom Woods of Colliers represented the tenant Payless Shoes. Signed in April 2018.

RETAIL – 624 W BROADWAY RD., MESA, AZ
A lease for 4,677-square-feet in Broadway Mesa Center to Dark Horse Automotive was recently consummated.  The location of the property is 624 W. Broadway Rd, in Mesa, AZ.  The owner of the center is Broadway Mesa Center, LLC.  Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant on this transaction.

RETAIL – 8643 W KELTON LN., PEORIA, AZ
A lease for 3,358 square feet in Arrowhead Commerce Center to Crystal Clear Detail was recently consummated.  The location of the property is 8643 W. Kelton Lane in Peoria, AZ.  The owner of the center is Arrowhead Commerce Center Partners, LLC.  Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant on this transaction.

RETAIL – 15410 N 40TH STREET, PHOENIX, AZ
The sale of a 2,807-square-foot retail building at 15410 North 40th Street in Phoenix, Arizona 85032 to Sister Avenue, LLC was recently consummated.  The seller of the building was CAP 1 Sweat, LLC & 314SG, LLC.  Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the buyer.

RETAIL – 6118 E MAIN ST., MESA, AZ
A lease for 2,500-square-feet in Buckhorn Plaza to Mattress, Furniture & More, LLC was recently consummated.  The location of the property is 6118 E. Main Street in Mesa, AZ.  The owner of the center is EC Mesa, LLC.  Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant.

RETAIL – GREENWAY PLAZA SHOPPING CENTER
A lease for 2,460-square-feet in Greenway Plaza Shopping Center to Glory Care Services, Inc. was recently consummated.  The location of the property is 1849 W Greenway Rd in Phoenix, AZ. The owner of the center is Revesco (USA) Properties of Greenway, LLLP  Jake Ertle and Nic Chavira of Rein & Grossoehme Commercial Real Estate represented the owner and Eric Ferber of Cutler Commercial represented the tenant.

RETAIL – 3755 S GILBER RD., GILBERT, AZ
A ten-year lease with Music & Arts was signed at Crossroads Towne Center, 3755 S. Gilbert Road, Suite 108 (B-101) Gilbert, AZ, 85230 for 2,059-square-feet.  Chris Stamets of Western Retail Advisors represented the Tenant.  Brian & Tom Woods of Colliers represented the landlord, Vestar. Signed in April 2018

RETAIL – 10659 W GRAND AVE., SUN CITY, AZ
A lease for 1,325-square-feet in Kings Inn Center to MetroPCS was recently consummated.  The location of the property is 10659 W. Grand Ave. in Sun City, AZ.  The owner of the center is Kings Inn of Sun City, LLC.  Jared Lively of Rein & Grossoehme CRE represented both the landlord and the tenant.

RETAIL – 14155 W BELL RD., SURPRISE, AZ
uBreakiFix leased 1,182-square-feet on a five-year lease with MA & MA Investments, the landlord, at Surprise Town Center,14155 W. Bell Road, Surprise, AZ, 85374.  Jim Edwards of Rein & Grossoehme represented the landlord.  Brian & Tom Woods of Colliers represented uBreakiFix. Signed in April 2018.

RETAIL – 6134 E MAIN ST., MESA, AZ
A lease for 1,050-square-feet in Buckhorn Plaza to Dr. Laser was recently consummated.  The location of the property is 6134 E. Main Street in Mesa, AZ.  The owner of the center is EC Mesa, LLC.  Jared Lively of Rein & Grossoehme CRE represented both the landlord and the tenant.

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