Phoenix Leases Feb. 25 – March 1, 2019

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from February 25 thru March 1, 2019.

RETAIL – SONORAN VILLAGE, SCOTTSDALE, AZ
Brian Woods of Colliers International represented Tuesday Morning  on a 10-year lease at Sonora Village at the SWC Loop 101 & Frank Lloyd Wright Blvd in Scottsdale, AZ, for 14,831-square-feet.  Phoenix Commercial Advisors’ Zach Pace and Teale Bloom represented Yam Properties, the Landlord.  Signed in January 2019.

OFFICE – 18434 N 99TH AVE., SUN CITY, AZ
A lease for 2,485-square-feet in Union Hills Center to Artful Nature Decor was recently consummated.  The location of the property is 18434 N. 99th Ave in Sun City, AZ.  The owner of the center is C&B Properties, Ltd.  Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant in this transaction.

RETAIL – 4770 E RAY RD., GILBERT, AZ
Brian Woods of Colliers International represented Gateway Corner Holdings, LLC, the Landlord on a seven-year lease with Verizon Wireless at Gateway Corner Shops at 4770 E. Ray Road, Gilbert, AZ, 85296 for 2,402-square-feet.  Cushman & Wakefield’s, Brent Mallonee represented the Tenant.  Signed in February 2019.

OFFICE – 18434 N 99TH AVE., SUN CITY, AZ
A lease for 2,130-square-feet in Union Hills Center to Intuitive Development was recently consummated.  The location of the property is 18434 N. 99th Ave in Sun City, AZ.  The owner of the center is C&B Properties, Ltd.  Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant in this transaction.

RETAIL – 19756 N JOHN WAYNE PKWY, MARICOPA, AZ
A lease for 1,400-square-feet in Duke Plaza Shopping Center to Sunshine Family Healthcare Center was recently consummated. The location of the property is 19756 N. John Wayne Pkwy. in Maricopa, AZ. Kevin Roessler of Rein & Grossoehme represented the owner and tenant.

RETAIL – 25101 N LAKE PLEASANT PKWY, STE A1300, PEORIA, AZ 
Brian Woods of Colliers International represented uBreakiFix on a five-year lease at Lake Pleasant Crossing at 25101 N. Lake Pleasant Parkway, Suite #A1300, Peoria, AZ, 85383 for 1,217-square-feet.  Western Retail Advisors’ Bryan Ledbetter & Katie Weeks represented CenterSquare, the Landlord.  Signed in February 2019.

 

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