Sales of 2 office properties totaling $2M highlight recent deals by NAI Horizon

PHOENIX, ARIZONA (Jan. 20, 2023) – An office building in Peoria and an office condo in Mesa fetched a combined $2 million, highlighting recent deals closed by NAI Horizon professionals.

Sale Transactions:

Troy Giammarco and Joe Pequeno negotiated the sale of a 5,458 SF office building for $1.425 million representing the seller, Nawa Family Trust. The property is located at 8765 W. Kelton Lane, Building C1, Peoria, AZ. The buyer, Pankaj Jain, was represented by Perry Gabuzzi with Kidder Mathews.

Joan Krueger and Laurel Lewis negotiated the sale of a 1,647 SF office condo for $600,000 representing the buyer, PowerBaseline, LLC, (Laurel Lewis). The property is located at 6640 E. Baseline Road, Mesa, AZ. The seller, East Baseline, LLC, was represented by Joan Krueger.

Lease Transactions:

Chris Gerow, Shelby and Tworek Gabe Ortega represented the landlord, Bell 51st, LLC, in a 120-month retail lease for 3,272 SF at 4907-4965 W. Bell Road, Glendale, AZ. The tenant, Equine Cryo-Therapy, LLC, was represented by Austin Payne with Diversified Partners.

Matt Harper, CCIM and Thomas Bean, CCIM, represented the landlord, Achuldjian, LLC, in a 62-month office lease for 4,813 SF, at 4616 N. 51st Ave., Phoenix, AZ 85031. The tenant, Anew Recovery, LLC, was self-represented.

Matt Harper, CCIM and Thomas Bean, CCIM, represented the landlord, Sun City Professional Building, in a 5-month lease for 420 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Strategic Pizza, Inc., was self-represented.

Don Morrow and Dylan Whitwer represented both the landlord, Southwest Commercial Property, LLC, and the tenant, Helping Hand Recovery Center, in a 60- month office lease for 4,787 SF at 1990 W. Camelback Road, Phoenix, AZ.

Chris Gerow, Gabe Ortega and Shelby Tworek represented the tenant, Pink Nail Bar, LLC, in a 60-month retail lease for 2,641 SF at 10105 E. Via Linda, Scottsdale, AZ.  The landlord, Whitestone Mercado, LLC was self-represented.

Troy Giammarco and Joe Pequeno, represented the landlord, Williams County, LLC, in a 62-month retail lease for 2,000 SF at 17431 N. 71st Drive, Glendale, AZ. The tenant, Live Well Training Center was represented by Dave Aronson with Exp Realty.

Horth Hong represented the landlord, Val Vista & Queen Creek, LLC, in a 60-month retail lease for 1,200 SF at 4844 S. Val Vista, Gilbert, AZ. The tenant, Gateway Barbershop, LLC, was self-represented.

Matt Harper, CCIM, represented the landlord, 1241 E. Broadway Plaza, LLC, in a 13-month retail lease for 3,640 SF at 1241 E. Broadway Road, Mesa, AZ. The tenant, Luis Campos, was self-represented.

Joe Pequeno and Troy Giammarco represented the tenant, Custom Select Insurance, LLC, in a 38-month office lease for 1,000 SF at 1835 W. Chandler Blvd., Chandler, AZ. The landlord, 1925 West, LLC, was represented by Ryan Edwards with Commercial Properties, Inc.

Thomas Bean, CCIM and Matt Harper, CCIM, represented the tenant, Comprehensive Medical Services, LLC, in a 12-month office lease for 388 SF at 5251 W. Campbell Ave., Phoenix, AZ. The landlord, MAZ Palo Verde, LLC, was self-represented.

Matt Harper, CCIM, represented the landlord, Emad & Sons, LLC, in a 3-month retail lease for 871 SF at 8514 W. Bethany Home Road, Glendale, AZ. The tenant, Premium Health OC, Inc. was self-represented.