Phoenix lease deals are listed in descending order for square-feet:

Isy Sonabend of NAI Horizon represented the landlord, SB Management, in a two-year industrial lease renewal for a 14,557-square-foot space at 54 N. 45^th Ave. in Phoenix.

SRS Real Estate Partners announced that Dollar Tree has signed two new Phoenix leases and a third in Tucson. (see Tucson lease report for third lease)

The first new location is a 10,865-square-foot space at Squaw Peak Plaza located at the NEC of Thomas Road and State Route 51 in Phoenix. Other tenants include; Steven’s Shoes and Douglas Barber Shop. Dollar Tree plans to open in early 2014. The second new location is an 8,000-square-foot space at Gilbert Gateway Towne Center located at the southwest corner of the San Tan Freeway and Power Road in Gilbert. The Target anchored shopping center includes; Michael’s, Ross, Chase, Petsmart and Sweet Tomatoes. Dollar Tree plans to open in early 2014. Kurt Kalocin with SRS Real Estate Partners represented the tenant, Dollar Tree in these transactions. Brian Woods and Tom Woods with Collier’s International represented the Landlord, Vestar, in the Gilbert Gateway Towne Center transaction. Regan Amato and Tyler Chester with Phoenix Commercial Advisors represented the landlord, Kornwasser Shopping Centers, in the Squaw Peak Plaza transaction.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Three Fingers, LLC, in a 120-month retail lease transaction for 5,000-square-feet at 1035 W. Queen Creek Rd. in Chandler. Torrey Briegel with Phoenix Commercial Advisors represented the landlord, The Falls Investors, LLC.

Dance Studio C leased 4,060-square-feet at McKellips Lindsay Center located at 2860 E. McKellips Road in Mesa. Michael Gaida of Sperry Van Ness represented the landlord in the transaction. Darin Edwards of CPI represented the tenant.

Richard Mackay of Rein & Grossoehme represented the Landlord and Carol Asnen of RE/MAX represented the tenant in a lease for 3,450-square-feet in Plaza 47 Shopping Center to Truth Ministry Church. The location of the property is 6610 N. 47^th Avenue in Glendale, AZ.  .  The owner of the center is R&G 47^th Avenue LLC.

Mike Myrick and Alexandra Loye of NAI Horizon represented the landlord, Donald G. Lyon Family Trust, in a 65-month office lease transaction for a 2,607-square-foot space at 1553 W. Todd Dr. in Tempe. Ron Moore with Rimrock Companies represented the tenant, Arizona Resource Specialists, LLC.

Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the tenant, EBO Investments, LLC, in a five-year retail lease transaction for a 2,470-square-foot space at 1809 N. Dysart Rd. in Avondale.

Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the Landlord and Bryan Lamond represented the Tenant in a lease for 2,400-square-feet at 4029 N. 28th Avenue in Phoenix, AZ to Lenny’s Burgers. The Landlord is Enayat Abrishami.

Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the tenant, Delia’s Cleaners of Arizona, Inc., in a seven-year retail lease transaction for a 2,302-square-foot space at 9920 S. Rural Rd. in Tempe. Joe Doucett with GDC/RE represented the landlord, SY Warner Ranch, LLC.

Justin Horwitz and Nicole Ridberg of Sperry Van Ness represented the landlord at Ventura Gateway to lease 2,287-square-feet to the SOLIS Group. Ventura Gateway is located at 8687 E. Via De Ventura in Scottsdale. Nathan Wade of 22Back represented the tenant.

Jennifer Keeler of NAI Horizon represented the landlord, West Florence Holdings, LLC, in a 60-month retail lease transaction for 2,000-square-feet at 1609 E. Florence Blvd. in Casa Grande.

Peggy Johnson of NAI Horizon represented the landlord, JTR Casa Real, LLC, in a 14-month retail lease transaction for a 1,784-square-foot space at 3302 N. 3^rd St. in Phoenix.

Mary Ridberg and Rommie Mojahed of Sperry Van Ness represented the landlord at 8^th Avenue Shops in Mesa to lease 1,307-square-feet to Herbalife. This neighborhood retail center is located at 810 S. Alma School Road.  Michael Hashim of AZ Prime Real Estate represented the tenant.

Peggy Johnson represented the landlord, Alice Avenue, LLC, in a 50-month office lease transaction for 1,156-square-feet at 1130 E. Missouri Ave. in Phoenix. Debbie Cato with Diamond Properties represented the tenant, Artplay, LLC.

Jared Lively of Rein & Grossoehme represented the owner and the tenant on a lease for 880-square-feet in Kings Inn Plaza to Matt’s Multimedia.  The location of the property is 10659 W. Grand Ave in Sun City, AZ.  The owner of the center is Kings Inn Plaza, LLC.

Phoenix Lease deals are reported weekly. To submit sales and leases email REDailyNews@outlook.com.

Real Estate Daily News is sponsored by Stewart Title and Trust – The only title company named one of

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The Dow Jones industrial average rose 34.95 points to close at 15,529.73 Tuesday. The S&P 500 rose 7.16 points to close at 1,704.76. The NASDAQ composite rose 27.85 points to 3,745.70.

Friskies’ new ‘Spokescat Grumpy Cat’ is from Phoenix

The frown-faced Internet sensation known as Grumpy Cat, real name Tardar Sauce, is now the “spokescat” for a Friskies brand of cat food, Nestle Purina PetCare announced Tuesday. The St. Louis-based company didn’t release terms of the deal. Grumpy Cat’s own Facebook page has more than 1.3 million likes. The dour animal also has more than 111,000 Twitter followers. In addition to the relationship with Nestle Purina, which featured Grumpy Cat in an online video game series in March, the 1 1/2-year-old mixed-breed feline has a merchandise line and reportedly has a movie deal in the works.“She’s very busy,” Friskies spokeswoman Julie Catron said. “The first thing she’ll do for us is receive the lifetime achievement award.” And Catron isn’t kidding. The feline will receive the award Oct. 15 in New York as Friskies honors the best cat videos of the year as chosen through an online vote. Grumpy Cat is owned by Tabatha Bundesen, who lives in Phoenix. For more information click here.

US builder confidence steady, watching rates
LOS ANGELES — U.S. homebuilders’ confidence in the housing market held this month at its highest level in nearly eight years. But builders are starting to worry that sales may slow if mortgage rates continue to rise. The National Association of Home Builders (NABH) builder sentiment index released Tuesday registered at 58 this month. That’s unchanged from August, which was revised down from an initial reading of 59. Readings above 50 indicate more builders view sales conditions as good, rather than poor. In the latest survey, which included 264 respondents, a measure of current sales conditions was unchanged, while a gauge of traffic by prospective buyers rose one point. But builders’ outlook for single-family home sales over the next six months fell three points. For full report click here

Safeway Adopts Poison Pill to Avert Takeover
New York – Tuesday Safeway adopted a plan to prevent a hostile takeover after learning of a significant accumulation of its stock by an investor. The announcement sent shares of the grocer up 8% to a five-year high. The “poison pill” plan allows existing shareholders to acquire more stock at a discounted rate to discourage a takeover by an outside entity. In a filing with the Securities and Exchange Commission late Tuesday, Jana Partners, a New York-based activist investor disclosed that it had amassed a 6.2% ownership in Safeway’s outstanding shares.
Click here for full report.

CPI rose just 0.1%. in August
WASHINGTON – The Labor Department’s CPI Report Tuesday reported U.S consumer prices barely rose last month, the latest sign that slow economic growth is keeping inflation tame. The consumer price index increased just 0.1% in August, after a 0.2% increase in July. Excluding food and energy costs, core prices also rose just 0.1%. In the past 12 months, prices have risen 1.5%. That’s down from the 2% year-over-year gain in July and below the Federal Reserve’s 2% inflation target. Core prices are 1.8% higher than a year ago, the largest 12-month gain since March. The increase in core prices could help persuade the Fed to start pulling back on its low interest rate policies. But significantly lower inflation would pressure the Fed to keep stimulating the economy. The Federal Reserve will be meeting today to discuss.  Today might be the day the Fed starts pulling back stimulus. Click Here for full report.

Poverty stuck at 15% — record 46.5 million
WASHINGTON — The U.S. Census Bureau reported Tuesday, the nation’s poverty rate remained stuck at 15 per cent last year despite America’s slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack Obama’s recovery plans. More than 1 in 7 Americans were living in poverty, not statistically different from the 46.2 million of 2011 and the sixth straight year the rate had failed to improve,. Median income for the nation’s households was $51,017, also unchanged from the previous year after two consecutive annual declines, while the share of people without health insurance did improve but only a bit, from 15.7 per cent to 15.4 per cent.  Click here for full report.

Slower holiday store traffic predicted for 2013
CHICAGO — According to Chicago-based research firm ShopperTrak, coming off of a weak back-to-school shopping period, the research firm said Tuesday that it expects retail sales will increase this holiday season, but retailers will have to work to earn their share. When compared to the same period last year, retail sales are forecast to rise 2.4% during the holiday season of November and December. However, shoppers are expected to visit fewer stores and do more research online. ShopperTrak, the leading provider of shopper analytics, anticipates that while sales will rise, total retail store traffic will decrease slightly compared to last year. Click here for full report.