The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from Sept. 25 thru 29, 2017.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, JEF-Fit 83^rd & Lake Pleasant, LLC, in a 132- month retail lease for 22,899 SF at 20713 N. 83^rd Ave., Phoenix, AZ. Andy Kroot with Kroot & Associates represented the landlord, AZ CDL Properties, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, JEF-Fit 32^nd & Greenway, LLC, in a 180-month retail lease for 22,888 SF at 3202 E. Greenway Rd., Suite 1255, Phoenix, AZ. Kalen Rickard with SRG represented the landlord, AP Capital REIT US Limited Partnership.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, JEF-Fit Southern & Priest, LLC, in a 180-month retail lease for 22,664 SF at 1405 W. Southern Ave., Phoenix, AZ. Bob Rusing with Arizona Partners represented the landlord, Prithern, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, PF Goodyear, LLC, in a 126-month retail lease for 17,976 SF at 515 S. Cotton Lane, Goodyear, AZ. Cliff Johnston with Cushman & Wakefield represented the landlord, TPP 211, Canyon Trails, LLC.

Laurel Lewis with NAI Horizon represented the tenant, GeoTek Operations Limited, in a 37-month industrial lease for 9,966 SF at 4050 E. Cotton Center Blvd., Phoenix, AZ. Jackie Orcutt with CBRE represented the landlord, BKM, Cotton Center 106, LLC.

Jeff Adams with NAI Horizon represented the tenant, Scottsdale Providence Recovery Center, Inc., in a long-term office lease for 5,094 SF at 8889 E. Via Linda, Scottsdale, AZ. Geoff Turbow, Zak Kottler, and Joe Cosgrove with Levrose Real Estate represented the landlord, AWS Business Properties.

Jake Ertle with Rein & Grossoehme Commercial Real Estate represented the Landlord and LevRose represented the Tenant in a lease for 5,006 SF at 15505 North Scottsdale Rd. to Stone Creek Furniture was completed in September 2017. The Landlord is Levine Investments Limited Partnership and DD Zocallo, LLC.

Laurel Lewis with NAI Horizon represented the tenant, Wilson & Company, in a 66-month office lease for 4,538 SF at 410 N. 44^th Street, Suite 460, Phoenix, AZ. Bill Zurek of Transwestern represented the landlord, ARE-LEI Phoenix Gateway Associates, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the tenant, Biscuits Café, Inc., in a 126-month retail lease for 4,300 SF at 24874 N. 67^th Ave., Peoria, AZ.

Jeff Adams with NAI Horizon represented the tenant, Ultra Car Detailing, LLC, in a long-term industrial lease for 4,158 SF at 7931 E. Pecos Rd., Suite 148, Mesa, AZ. Lance Clodfelter with Wilson Property Service represented the landlord, Pecos Sossaman Commerce, LLC.

Laura Pogue with NAI Horizon represented the tenant, Elite Chiropractic and Wellness, LLC, in a 60-month retail lease for 3,176 SF at 5940 W. Union Hills, Suite B-100, Glendale, AZ. Rachael Thompson with Kidder Mathews represented the landlord, Il Palazzo Center, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, CC Fund 1 Union Hills North, LLC, in a 84-month retail lease for 2,900 SF at 8280 W. Union Hills Dr., Glendale, AZ. Brad Douglass with Cushman & Wakefield represented the tenant, Picazzo’s Union Hills I, LLC.

Isy Sonabend with NAI Horizon represented the tenant, Zieglar’s NYPD, in a 36-month industrial lease for 2,823 SF at 20819 N. 25^th Place, Phoenix, AZ. Steve Mardian with Cassidy Turley represented the landlord, Larry Stuart.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, LNR Partners, LLC, in a 60-month retail lease for 2,800 SF at 20987 N. John Wayne Parkway, Maricopa, AZ.

Laurel Lewis with NAI Horizon represented the tenant, Software Ops, in a 67-month office lease for 2,779 SF at 11333 N. Scottsdale Rd., Scottsdale, AZ. Jerry Noble with Cushman & Wakefield represented the landlord, IPF Scottsdale Norte, LLC.

Laurel Lewis with NAI Horizon represented the tenant, PCB Group Sales Co, in a 38-month office lease for 2,435 SF at 4505 E. Chandler Blvd., Suite 115, Phoenix, AZ. Scott Baumgarten with Cushman & Wakefield represented the landlord, HB Foothills Gateway, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease for 2,275 SF at 21545 S. Ellsworth Loop Rd., Queen Creek, AZ. David Uhles with ATI Physical Therapy represented the tenant, ATI Holdings of Arizona, LLC.

Troy Giammarco with NAI Horizon represented the tenant, Camelback Mortgage, in a 36-month office lease for 1,879 SF at 7600 N. 16^th St., Phoenix, AZ. Greg McMillan with Cushman & Wakefield represented the landlord, B.H. Squaw Peak, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, New Bell Tower, LLC, in a 60-month retail lease for 1,705 SF at 4925 W. Bell Rd., Suite C-5, Phoenix, AZ.

Matt Harper with NAI Horizon represented the landlord, AJL Properties, LLC in a 60-month retail lease for 1,558 SF at 1619 N. Dysart Rd., Suite 104, Avondale, AZ. Matt Bustamante with Realty One Group represented the tenant, One Health Primary Care, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented represented the tenant, Ken’s Nails, in a 64-month retail lease for 1,551 SF at 7001 N. Scottsdale Rd., Suite D-166, Scottsdale, AZ.

Laurel Lewis with NAI Horizon represented the tenant, North Star Wealth Management, LLC, in a 60-month lease for 1,490 SF at 18835 N. Thompson Peak Parkway, Scottsdale, AZ. Mike Strittmatter with CBRE represented the landlord, Canyon Village Partners LLC.

Kevin Higgins, Lane Neville and Barbara Lloyd with NAI Horizon represented the landlord, Bogle Family Realty, in a 36-month office lease for 1,391 SF at 7227 N. 16^th St., Suite 118, Phoenix, AZ.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, New Bell Tower, LLC, in a 24-month retail lease for 1,230 SF at 4915 W. Bell Rd., Suite F-205, Phoenix, AZ.

Jim Edwards, Jake Ertle, and Nic Chavira with Rein & Grossoehme represented the owner and the tenant in a lease for 1,200 SF in Bethany Square Shopping Center to Cricket Wireless (Daystar Communications, LLC) was recently consummated.  The location of the property is 6001 N 43^rd Ave in Glendale, AZ.  The owner of the center is Oakmead Village, LLC.

Kevin Higgins, Barbara Lloyd and Lane Neville with NAI Horizon represented the landlord, Bogle Family Realty in a 36-month office lease for 878 SF at 7227 N. 16^th St., Suite 224, Phoenix, AZ.

Matt Harper with NAI Horizon represented the landlord, M&N Realty, in a 38-month retail lease for 850 SF at 12020 S. Warner Elliot Loop, Suite 122, Phoenix

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon with NAI Horizon represented the landlord, CP6MF, LLC, in a 64-month retail lease for 755 SF at 1840 E Warner Rd., Suite 105, Tempe, AZ.

Submit sales and leases to REDailyNews@outlook.com

 

 

 

 

Phoenix, Arizona — The retail-focused real estate company of Velocity Retail Group had their hand in finalizing 70 transactions in the first half of 2016.  These transactions total almost 2 million square feet of retail space and land, and include 16 big box transactions, 16 sales transactions and 54 lease transactions.  Following are a few highlights of some of the activity:

Goodwill of Central Arizona, represented by Andy Kroot finalized 11 new leases totaling nearly 300,000-square-feet of space for new retail stores, donation centers and employment centers.

Mega Furniture, represented by Dave Cheatham finalized a new lease on South Military Way in San Antonio of almost 40,000-square-feet, bringing the retailer’s total store count to 19 in Arizona and Texas.

Popeye’s Louisiana Kitchen, represented by Darren Pitts and Dave Cheatham, purchased three parcels in Phoenix and Tucson to help expand their new retail concept.

Mattress Firm, represented by Darren Pitts added three new locations to their Phoenix area store count.

Other standouts include new locations for Circle K, and Francis and Sons Car Wash, both represented by Brian Gast, as well as La-Z-Boy of Arizona, represented by Darren Pitts all expanding their store counts throughout Arizona.

Shopping center listings that Velocity Retail Group represents had leasing activity of 340,000-square-feet in 20 different properties.  The leased spaces range in size from as large as 28,000 square feet to as small as 800 square feet in shopping centers located throughout the Phoenix metropolitan area.

 

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from December 7 thru 11, 2015.

RETAIL – NEC 39^th AVE. & PINNACLE PRAK RD., PHOENIX
Velocity Retail Group’s Andy Kroot represented Goodwill of Central Arizona in the lease of a space at the northeast corner of 39th Ave. and Pinnacle Peak Rd. in north Phoenix. The 42,504-square-foot full retail store will replace the former Safeway. Kimco Realty Corporation is the landlord in the 10-year agreement.

RETAIL – SWC 99^th AVE. & CAMELBACK RD., PHOENIX
Andy Kroot also represented Goodwill of Central Arizona in the lease of a 22,065-square-foot space at the southwest corner of 99th Ave. and Camelback Rd. Alan Zell of ZELL Commercial Real Estate Services Inc. represented the landlord, Newbrush Properties, LLC, in the 15-year transaction. Located in Colombia Plaza Shopping Center, the full retail store will also contain a drive thru for donation drop off.

RETAIL – 2625 E. GREENWAY PKWY., PHOENIX
John Jackson and Larry Miller of Velocity Retail Group represented AEGON in the lease of their 8,008-square-foot space to E Institute in the Greenway Crossing shopping center.  Located on Greenway Road just east of Cave Creek Road, the new location is opened in November and has a lease term of 5 years.

RETAIL – CHANDLER HEIGHTS VILLAGE, PHOENIX, AZ
John Jackson and Larry Miller represented The Sherwin-Williams Company in the lease of a 4,000 square foot space in Chandler Heights Village. The landlord in the transaction was CPG Chandler Heights & Higley Retail, LLC, an entity of Camelback Realty Group’s Aaron Klusman. The new pad is located at the northwest corner of Chandler Heights Rd. and Higley Rd. With this 10-year agreement, Sherwin-Williams joins Dunkin’ Donuts in this to-be-constructed pad building in Gilbert, Arizona.

RETAIL – 4231 E. THOMAS RD., PHOENIX
John Jackson and Larry Miller again represented The Sherwin-Williams Company in the leasing 3,932-square-feet of space at 4231 E. Thomas Rd. in Central Phoenix. Christiansen Properties is the landlord in the 10 year agreement. Their newest store opened December 1st of this year.

RETAIL – NEC CHAUNCEY LN., & SCOTTSDALE RD., SCOTTSDALE
Velocity Retail Group’s Darren Pitts and Michael Clark represented Mattress Firm in the lease of a 3,850-square-foot space at the northeast corner of Chauncey Ln. and Scottsdale Rd in north Scottsdale. The landlord in the lease is BCB Group Investments, LLC. This is a 10-year deal which is set to open in the third quarter of 2016.

RETAIL – SEC RITTENHOUSE RD & ELLSWORTH LOOP, QUEEN CREEK
Mattress Firm also leased space in Queen Creek. The team of Darren Pitts and Michael Clark also paired up to represent Mattress Firm in the lease of a 3,800-square-foot space at the southeast corner of Rittenhouse Rd. and Ellsworth Loop Rd. in Queen Creek. The new store is set to open in the 2nd quarter of 2016. Phoenix Commercial Advisor’s Zach Pace represented the landlord, Thompson Thrift, in the 10-year lease agreement.

RETAIL – SWC McDOWELL & LITCHFIELD RD., PHOENIX
Dave Cheatham at Velocity Retail Group, represented Carter’s Retail, Inc. in the 10-year lease of a 3,792-square-foot space at Palm Valley Pavilions at the southwest corner of McDowell and Litchfield Roads.  Carter’s, which is based out of Atlanta, plans to have its 10th valley location open in the 2nd quarter of 2016. Alan Houston and Brian Polachek of SRS Real Estate represented the landlord, PV PW Corp.

RETAIL – SEC UNIVERSITY & DOBSON RD., MESA
Velocity’s Brian Gast represented Circle K in a two-parcel assemblage on the southeast corner of University and Dobson Road in Mesa.  The purchase the parcels total approximately 36,111-square-feet of land with a 3,348-square-foot building.  The Sellers were Ervan C. Rokey and Ione O. Rokey Family Revocable Living Trust and E&B Investments, LLC. The sellers were represented by Mark Tomich of Sun State Realty. The new Circle K is set to open January 15, 2016.

RETAIL – NE CORNER of BETHANY HOME RD., & 35^th AVE., PHOENIX
The trio of Michael Clark, Larry Miller, and John Jackson represent PDG Shopping Centers America, LLC, a subsidiary of Northstar Realty Finance, in the lease of a 2,120-square-foot space to Metro PCS. The new site located at Bethany Towne Center on the northeast corner of Bethany Home Rd. and 35th Ave. is set to open in February of 2016. This will be Metro PCS’s first corporate-owned store and will serve as the flagship Metro PCS in the Phoenix market. Sean Bishop of Middlefork Commercial represented the tenant in the 5-year deal.

RETAIL – SEC WILLIAMS FIELD RD. & GILBERT RD., GILBERT
Brian Gast and Nick Ault represented Andrew Simon of Simon Chiropractic Center in the lease of a 1,300-square-foot facility east of the southeast corner of Williams Field Rd. and Gilbert Rd. in Gilbert, Arizona. The landlord in the 5-year deal is Gilbert Fiesta II Lots 2&3, LLC, which was represented by LevRose Commercial Real Estate’s Greg Vanlerberghe. The new location is scheduled to open in December of this year.

RETAIL – NWC ANTHEM WAY & VENTURE RD., ANTHEM
Larry Miller and John Jackson of Velocity Retail Group represented Anthem IAG, LLC in the lease of a 1,211-square-foot space to Mijo’s Mexican Kitchen. Located at the northwest corner of Anthem Way and Venture Dr., the store opening on the 1st of the New Year will be Mijo’s first location in the market. Tom Kolb with Keller Williams Commercial represented the tenant in the 5-year transaction.