The following leases were reported to us during the week of May 26-30, 2014 for the Phoenix Lease Report:
FLEX OFFICE – 4747 N 22ND STREET, PHOENIX
Dell, Inc. has renewed an existing 12,303-square-foot lease at 4747 N. 22nd St. in Phoenix, Ariz. CBRE’s Kevin Calihan represented the tenant. The landlord, Anchor Center II, LLC, was represented by Judy Tucker with Camroad Properties.
INDUSTRIAL – 16681 84TH AVE, PEORIA
RMRM, LLC has leased 7,910-square-feet of industrial space at Antigua Corporate Center located at 16681 84th Ave. in Peoria, Ariz. Mitch Stravitz, Cooper Fratt, John Werstler and Jerry McCormick of NAI Horizon represented the landlord, First Arrowhead Commerce Center, LLC. The tenant was represented by Tom Keck with West USA Realty.
RETAIL – 1725 N DYSART ROAD, AVONDALE
Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the landlord, Alameda Venture, LLC, in a 3.5 month retail lease transaction for a 7,500-square-foot space at 1725 North Dysart Road in Avondale, AZ. Torrey Briegel with Phoenix Commercial Advisors represented the tenant, Spirit Halloween Superstores, LLC.
INDUSTRIAL – 580 N 54TH STREET, CHANDLER
DNB Engineering, Inc. has leased 5,435-square-feet of industrial space at 10 Chandler Business Park located at 580 N. 54th St. in Chandler, Ariz. Mike Parker, Evan Koplan and Mark Krison with CBRE’s Phoenix office represented the tenant. The landlord, North 54th Street Venture, LLC, was represented by James Harper with Cassidy Turley.
OFFICE – 12515 W BELL ROAD, SURPRISE
Wells Fargo Tenant Advisors has renewed a 5,000-square-foot lease for office space at 12515 W. Bell Rd. in Surprise, Ariz. Kevin Calihan with CBRE’s Phoenix office represented the tenant. The landlord, Nellis Family Investments, LLC, was represented by Alan Davidson with Eagle Commercial Realty Services.
OFFICE – 14350 N 87TH STREET, SCOTTSDALE
Cumming Construction Management, Inc. has leased 4,876-square-feet of office space at 14350 N. 87th St. in Scottsdale, Ariz. CBRE’s Kevin Calihan represented the tenant. The landlord, Miref Northsight, LLC, was represented by Sean Spellman with Cushman & Wakefield. This marks an expansion for the international project and cost consulting firm.
OFFICE – 3131 E CAMELBACK ROAD, PHOENIX
Pathlight Investors has leased 4,067-square-feet at 3131 E. Camelback Rd. in Phoenix, Ariz. Kevin Calihan with CBRE’s Phoenix office represented the tenant. Ray Harris with Cassidy Turley represented the landlord, Lincoln Property Company. The lease marks an expansion for the investment advisory firm.
RETAIL – 1815 E ELLIOT ROAD, TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the landlord, R&D Operations, LLC, in a 10 year retail lease transaction for a 3,500-square-foot space at 1815 East Elliot Road in Tempe, AZ. The tenant was Biscuits AZ, LLC.
OFFICE – 9051 W KELTON LANE, PEORIA
Tom Bean and Troy Giammarco of NAI Horizonrepresented the tenant, CAH Subsidiary REIT, Inc., in a 40 month office lease transaction for a 2,879-square-foot space at 9051 West Kelton Lane in Peoria, AZ. DJ Bean and Franklin Connell with Cutler Commercial represented the landlord, The Hill Trust.
INDUSTRIAL – 6005 S 40TH STREET, PHOENIX
Mike Myrick of NAI Horizon represented the tenant, Switch Suspensions, in a 28 month industrial lease transaction for a 2,700-square-foot space at 6005 South 40th Street in Phoenix, AZ. Langdon Bridges with Commercial Properties, Inc. represented the landlord, Arizona Industrial Properties.
RETAIL – 21141 N JOHN WAYNE PKWY, MARICOPA
Chris Gerow, Shelby Tworek, and Gabe Ortegaof NAI Horizon represented both the landlord, LNR Partners, and the tenant, JB Subs, Inc. in a 10 year retail lease transaction for a 2,600-square-foot space at 21141 North John Wayne Parkway in Maricopa, AZ.
RETAIL – 15410 S MOUNTAIN PKWY, PHOENIX
Holly Brock of NAI Horizon represented the tenant, Alpha Elite Fitness, LLC, in a 5 year retail lease transaction for a 2,400-square-foot space at 15410 South Mountain Parkway in Phoenix, AZ. Mike Duffy with ESCEE Commercial Properties represented the landlord, BaMa Mountain Parkway, LLC.
RETAIL – 2665 E BROADWAY ROAD, MESA
Chris Gerow, Shelby Tworek, and Gabe Ortegaof NAI Horizon represented the tenant, Metro of Arizona 3, Inc., in a 40 month retail lease transaction for a 1,700-square-foot space at 2665 East Broadway Road in Mesa, AZ. The landlord was Lindsey Marketplace, Inc.
RETAIL – 3627 E INDIAN SCHOOL ROAD, PHOENIX
Barbara Lloyd and Thomas Bean of NAI Horizon represented the landlord, Gaslight Square Retail, LLC in a 18 month retail lease transaction for a 1,593-square-foot space at 3627 East Indian School Road in Phoenix, AZ. John Williams and Joseph Orlandi with Homesmart represented the tenant J & J Real Estate Holding, LLC.
OFFICE – 40 WEST BASELINE ROAD, TEMPE
Barbara Lloyd and Thomas Beanof NAI Horizon represented the landlord, Presson Corporation, in a 24 month office lease transaction for a 1,558-square-foot space at 40 West Baseline Road in Tempe, AZ. The tenant was Unity Communications.
OFFICE – 10603 N HAYDEN ROAD, SCOTTSDALE
Peggy Johnson of NAI Horizonrepresented the landlord, Hayden Park, Inc., in a 9 month office lease renewal transaction for a 1,506-square-foot at 10603 North Hayden Road in Scottsdale, AZ. The tenant was Luke Jacobsen, DDS.
RETAIL – 1334 E APACHE BLVD., TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortegaof NAI Horizon represented the tenant, Metro of Arizona 2, Inc., in a 40 month retail lease transaction for a 1,400-square-foot space at 1334 East Apache Boulevard in Tempe, AZ. The landlord was Central Plaza, LLC dba Apache Central Center.
RETAIL – 1840 W SOUTHERN AVE., MESA
Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Metro of Arizona 4, Inc., in a 3 year retail lease transaction for a 1,200-square-foot space at 1840 West Southern Avenue in Mesa, AZ. The landlord was Wiley Family, LLC.
RETAIL – 3312 N 3RD STREET, PHOENIX
Peggy Johnson NAI Horizon represented the landlord, JTR Casa Real LLC, in a 25.5 month retail lease transaction for an 850-square-foot space at 3312 North 3rd Street in Phoenix, AZ. The tenant was Tiffany Hamby-Harthcock.