Phoenix Lease Report February 17 – 21, 2014

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Lease Report
Lease Report

The following lease transactions were reported to the Real Estate Daily News for the Phoenix Lease Report during the week of February 17-21, 2014.

RETAIL SPACE – 3975 E THOMAS RD, PHOENIX
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented both the landlord, GM 40 T LLC, and the tenant, JEG Fit 40th & Thomas, LLC, in a 15 year retail lease transaction for a 22,613-Square-foot space at 3975 East Thomas Road in Phoenix, AZ.

RETAIL SPACE – 4303 W PEORIA AVE, GLENDALE
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Mountain Range Restaurants, in a 15 year retail lease transaction for a 4,700-square-foot space at 4303 West Peoria Avenue in Glendale, AZ. Paul Serafin and Matt Morrell with De Rito Partners represented the landlord, DP89, LLC.

RETAIL SPACE – 4505 E CHANDLER BLVD, PHOENIX
Laurel Lewis with NAI Horizon in Phoenix represented the landlord, HB Foothills Gateway, LLC, in an 86 month office lease transaction for a 4,153-square-foot space at 4505 East Chandler Boulevard in Phoenix, AZ. The tenant was West USA Realty, Inc.

RETAIL SPACE – 4505 E CHANDLER RD, PHOENIX
Laurel Lewis with NAI Horizon in Phoenix represented the landlord, HB Foothills Gateway, LLC, in a 66 month office lease transaction for a 2,560-square-foot space at 4505 East Chandler Boulevard in Phoenix, AZ. Grafton Milne with Menlo Group represented the tenant, Smith LC.

RETAIL SPACE – 3491 W FRYE RD, CHANDLER
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Luv My Bling, LLC, in a 7 year retail lease transaction for a 2,200 square-foot space at 3491 West Frye Road in Chandler, AZ. Cameron Warren with Phoenix Commercial Advisors represented the landlord, GM Chandler Village, LLC.

RETAIL SPACE – 1825 E GUADALUPE RD, TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Linda Mar Ventures, Inc., in a 5 year retail lease transaction for a 1,400 square-foot space at 1825 East Guadalupe Road in Tempe, AZ. The landlord was WRI Retail Pool I.

OFFICE SPACE – 14239 W BELL RD, SURPRISE
Tom Bean and Troy Giammarco with NAI Horizon in Phoenix represented the tenant, JOBY Management, in a 26 month office lease transaction for a 1,374-square-foot space at 14239 West Bell Road in Surprise, AZ. Tyler Smith with Colliers International represented the landlord, Paramount Surprise, LLC.

OFFICE SPACE – 1130 E MISSOURI AVE, PHOENIX
Peggy Johnson with NAI Horizon in Phoenix represented the landlord, Alice Avenue, LLC, in a 5 year office lease transaction for a 770-square-foot space at 1130 East Missouri Avenue in Phoenix, AZ. The tenant was John D Hensler, LLC.

RETAIL SPACE – 250 N LITCHFIELD RD, GOODYEAR
Tom Bean, Troy Giammarco, and Laurel Lewis with NAI Horizon in Phoenix represented the landlord, TriCal Commercial Investments, LLC, in a 65 month lease transaction for a 297 square-foot space at 250 North Litchfield Road in Goodyear, AZ. Arvle Knight with Kasten Long Commercial represented the tenant, Verco Decking, Inc.

To submit lease and / or sales transactions, email us at REDailyNews@outlook.com.