Rein & Grossoehme Sales & Leases Feb 3-7, 2020

Tesla Building at 8300 E Raintree Drive, Scottsdale, AZ

Rein & Grossoehme of Scottsdale specialized in the sale of investment properties and retail, office and industrial leasing submitted the following sales and leases for the week of Feb 3- 7, 2020. Hihglighted by a $14 million sale in Scottsdale hanlded by Jake Ertle of Rein & Grossoehme and Chuck Klein of Cushman & Wakefield.

SALE – 8300 E RAINTREE DR, SCOTTSDALE
The sale of 8300 E Raintree Drive in Scottsdale, Arizona, a 41,000 square foot building was recently recorded. The property sold to Sunrise 8300 Investment, LLC. The seller was 8300 E Raintree, LLC. The sales price was $13,995,000 which equates to $341 per square foot. The building was 100% occupied at closing by Tesla Motors.  Jake Ertle of Rein & Grossoehme represented the buyer and Chuck Klein of Cushman & Wakefield represented the seller.

RETAIL – 1513 E APACHE BLVD., TEMPE
A lease for 9,500-square-feet in Apache Shopping Center to Educational Models For Learning was recently consummated. The location of the property is 1513 E Apache Blvd in Tempe, AZ. This is the Tenant’s 1st location in Arizona.  Jim Edwards of Rein & Grossoehme Commercial Real Estate, LLC represented the owner.

RETAIL – 9180 E TALKING STICK WAY, SCOTTSDALE
A lease for 6,055-square-feet in The Pavilions at Talking Stick to Imagine 3D Mini Golf was recently consummated. The location of the property is 9180 E. Talking Stick Way in Scottsdale, AZ. The owner of the center is DeRito Talking Stick North, LLC . This is Imagine 3D Mini Golf’s 2nd location and they are looking for additional sites in Phoenix. Jared Lively of Rein & Grossoehme CRE represented the Tenan and Carl Jones of DeRito Partners represented the landlord on this transaction.

RETAIL – 2090 N DOBSON RD., CHANDLER
A lease for 2,355-square-feet in Valle Del Sol to Park Jun Beauty Lab was recently consummated. The location of the property is 2090 N Dobson Rd. in Chandler, AZ. The owner of the center is AVD Land 2, LLC.  Nic Chavira of Rein and Grossoehme Commercial Real Estate represented the owner and the tenant.

OFFICE – 1246-12456 N 28TH SR., PHOENIX
A lease for 1,384 square feet in Metro Village to Allstate Insurance was recently consummated. The location of the property is 12426-12456 N 28th Dr. in Phoenix, AZ.  Nic Chavira of Rein and Grossoehme Commercial Real Estate represented the owner and the tenant.

RETAIL – 1513 E APACHE BLVD., TEMPE
A lease for 1,200 square feet in Apache Shopping Center to Vegas Queen Beauty Supply was recently consummated. The location of the property is 1513 E Apache Blvd in Tempe, AZ. Jim Edwards of Rein & Grossoehme Commercial Real Estate, LLC represented the owner.

RETAIL – 6205 N 59TH AVE., STE 3, GLENDALE
A lease for 1,000 square feet in Mountain View Village Shopping Center to Independent Wireless, LLC was recently consummated. The location of the property is 6205 N 59th Ave, Suite 3, Glendale, AZ. Independent Wireless operates as an authorized Cricket Wireless dealer, and has 11 other locations. Jim Edwards of Rein & Grossoehme represented the tenant.

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