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Phoenix Lease Report November 15-19, 2021

PHOENIX, ARIZONA — The following lease transactions were submitted to the Real Estate Daily News as consummated from November 15-19, 2021. All were handled by Jared Lively of Rein & Grossoehme Commercial Real Estate in Phoenix.

RETAIL SWC 40TH STREET & THUNDERBIRD RD., PHOENIX
A lease for 26,835-square-feet within Paradise Square to Fitness 1440 Health Clubs was recently consummated. The location of the property is SWC of 40th St & Thunderbird Road in Phoenix. The owner of the center is Mantee Investments, LLC   This is an Expansion location for Jared Lively of Rein & Grossoehme CRE represented both the Tenant the Landlord on this transaction. Fitness 1440 is looking for more former fitness sites.

RETAIL – 2155 E UNIVERSITY DR., TEMPE
A lease for 2,600-square-feet at University 101 Shops to Monster Comic Books was recently consummated. The location of the property is 2155 E. University Dr in Tempe, AZ. The owner of the center is 2155 University, LLC  This is a Relocation for Monster Comic Books.  Jared Lively of Rein & Grossoehme CRE represented both Tenant and the Landlord on this transaction.

RETAIL – SWC 40TH STREET & THUNDERBIRD RD., PHOENIX
A lease for 2,168-square-feet within Paradise Square to Mijana Express Restaurant was recently consummated.  The location of the property is SWC of 40th St & Thunderbird Road in Phoenix.  The owner of the center is Manatee Investments, LLC  This is an Expansion location for Mijana Restaurant group.  Jared Lively of Rein & Grossoehme CRE represented both the Tenant the Landlord on this transaction.

RETAIL- GROVE TOWNE SQUARE – 1130 W GROVE AVE., MESA
A lease for 2,000-square-feet in Grove Towne Square to Mambo’s Domincan Kitchen was recently consummated. The location of the property is 1130 W. Grove Ave in Mesa, AZ. The owner of the center is Rainbow Investments, LLC  Jared Lively of Rein & Grossoehme CRE represented both the Tenant and Landlord on this transaction.

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