Altitude Trampoline Park Signs Lease at Gilbert Towne Center
Site Serves as Second Altitude Park Location in Metro Phoenix
Phoenix, Arizona – Altitude Trampoline Park will occupy more than 35,000-square-feet of space at Gilbert Towne Center, 701 N. Gilbert Rd. in Mesa. This will be the company’s second trampoline park in Metro Phoenix and is scheduled to open in early fall.
“Altitude is a major player in this competitive wave of trampoline park brands and we were excited to assist Joseph Williams and the Altitude team in the expansion of the brand here in Metro Phoenix,” says Nick Ault, associate vice president with Colliers International in Greater Phoenix. “This marks the company’s second location in the valley and we expect to see continued expansion here since the brand has already experienced great success in the city.”
Ault and Daniel Ortega of Colliers International worked in partnership with Joseph Williams of The Woodmont Company, Altitude’s master broker in the U.S., to represent Altitude Trampoline Park in its site identification and lease negotiations. David Jarand and Erin Schrauth of Strategic Retail Group represented the owners of Gilbert Towne Center.
Altitude Trampoline Park will be located in 35,270-square-feet of space formerly occupied by Big Lots. The company chose the Gilbert Towne Center space because the neighborhood shopping center is situated in an area densely populated by families and demographics well suited to their target market.
Phoenix Lease Report Aug. 21 – 25, 2017
The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from Aug 21 thru 25, 2017.
NAI Horizon negotiates long-term lease for Biscuits Cafe
NAI Horizon has negotiated a long-term lease worth $1.479 million for Biscuits Café at Terrazza Center, 24874 N. 67th Ave. in Peoria, Arizona. The NAI retail properties team of Senior Vice Presidents Shelby Tworek, Chris Gerow and Gabe Ortega and Associate Patrick Anthon represented the tenant, Biscuits Café, Inc. of Portland, Oregon.
“Being so close to Christ’s Church of the Valley, the owners felt it would provide excellent exposure for their concept, in a very underserved area of the Valley,” Gerow said.
Biscuits Café is in four states and now five Arizona cities: Peoria, Chandler, San Tan Valley, Surprise, and Glendale. Owners Ed and Barbara Preston have been in the restaurant business since 1968. Biscuits Café will take 4,300-square-feet at Terrazza Center. The landlord is N&I Development, LLC of Newport Beach, California.
RETAIL – SEC GILBERT & OCOTILLO RD., GILBERT
A lease for 1,800-square-feet to Barre3 was recently consummated. The location of the property is SEC Gilbert Rd. & Ocotillo Rd. The owner of the center is Klusman Family Holdings, LLC. Jake Ertle and Kevin Roessler of Rein & Grossoehme represented the Tenant.
RETAIL – THUNDERBIRD PLAZA SHOPPING CENTER, PEORIA
A lease for 990-square-feet in Thunderbird Plaza Shopping Center to GK’s Vapor Pub, LLC was recently consummated. The location of the property is 7558 W. Thunderbird Rd. in Peoria, AZ. GK’s Vapor Pub has 2 other locations. Jim Edwards of Rein & Grossoehme represented the tenant. Erin Schrauth of Strategic Retail Group represented the landlord.
RETAIL – 1430 N CENTRAL AVE., AVONDALE
A lease for 640-square-feet to Beauty Zone was recently consummated. The location of the property is 1430 N. Central Ave. in Avondale, AZ. The owner of the center is Sewa Dhanjal. Kevin Roessler of Rein & Grossoehme represented the Landlord and Tenant.
Phoenix Lease Report October 6-10, 2014
The following leases were reported during the week of October 6-10, 2014 to the Phoenix Lease Report:
Mary Ridberg and Rommie Mojahed of Sperry Van Ness Advisors represented the landlord at Arrowhead Festival Shopping Center in the 3,200-square-feet lease to Mattress 2 Go. Arrowhead Festival is located at 7260 W. Bell Road in Glendale Center. This center is fully leased.
Brennan Dental leased 2,907-square-feet of retail space at The Chandler Commons, located at 1919 E. Ray Road in Chandler. Erin Schrauth, Peter McQuaid and Greg Vanlerberghe of Sperry Van Ness Advisors represented the Landlord and Tanner Milne of the Menlo Group represented the tenant.
Michael Gaida and Trenton McCullough of Sperry Van Ness Advisors represented the landlord at Armed Forces Plaza, located at 6747 E. Thomas Road in Scottsdale, to lease 1,589-square-feet to Movement Restoration.
Shannon Simpson and James Alfter leased 900-square-feet of retail space at Bell Plaza, located at 1704-1730 W. Bell Road in Phoenix. Peter McQuaid and Greg Vanlerberghe of Sperry Van Ness Advisors represented the Landlord.
iINSUREme leased 630-square-feet of office space at Fiesta Crossing, located at 1660 S. Alma School Road in Mesa. Mary Ridberg Beau Flahart and Rommie Mojahed of Sperry Van Ness Advisors represented the landlord.
INDUSTRIAL LEASES: Real Property Painting, Inc. leased 1,000-square-feet of industrial space at 505 W 8th Ave, Suite 14 in Mesa at 8th Ave & Alma School. Adrienne Bryant and Jonvieve Bryant of Bryant Commercial Real Estate in Tempe represented the tenant and Jack Scanlan with PRIN Investments represented the landlord
OFFICE LEASES: Miner Southwest leased 19,603-square-feet of office space at Tempe Southern Business Center, located at 1155 W. Southern Avenue in Tempe. Nicole Ridberg of Sperry Van Ness Advisors represented the tenant in the 63 month lease.
Justin Horwitz and Nicole Ridberg of Sperry Van Ness Advisors represented the landlord at Rome Towers, located at 1760 E. Pecos Road in Gilbert, to lease 6,000-square-feet of office space to New Direction Fertility. The tenant was represented by Tom Wienhold of Cassidy Turley.
Justin Horwitz of Sperry Van Ness Advisors represented Tempe Business Consultants in the leasing of 2,701-square-feet of office space at Scottsdale Northsight. The office building is located at 14350 N 87th Street in Scottsdale.
Greg Acedo – State Farm Insurance leased 1,500-square-feet at 2720 E Thomas Road, Suite B-190 in Phoenix. Adrienne Bryant and Jonvieve Bryant of Bryant Commercial Real Estate in Tempe represented the landlord, Freeport Investments and the tenant.
OnPoint Underwriting, Inc. leased 2,195-square-feet of office space at 7010 E. Chauncey Lane in Scottsdale. Justin Horwitz of Sperry Van Ness Advisors represented the landlord in the transaction.
West Valley Behavioral Health leased 788-square-feet of office space at The Citadelle at Arrowhead Ranch, located at 19420 N. 59th Avenue in Glendale. Justin Horwitz and Jonathan Levy of Sperry Van Ness Advisors represented the tenant.