Phoenix Lease Report – July 14 -18, 2014

Phoenix Lease Report
Phoenix Lease Report

The following leases were reported during the week of July 14-18, 2014 for the Phoenix Lease Report:

RETAIL – 10801 W. GRAND AVE., SUN CITY, AZ
Judy Jones, Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented the tenant, Anthem RV & Boats, in a lease purchase transaction of 7,921-square-feet of retail space at 10801 W. Grand Avenue in Sun City.

RETAIL – 1055 S. ARIZONA AVE., CHANDLER, AZ
A lease for 5,029 square feet at San Tan North, located at 1055 S. Arizona Ave., Chandler, AZ to 2nd Wind Exercise Equipment, Inc., was recently completed. The Landlord is Pacific Capital Management. This will be the seventh location for 2nd Wind Exercise Equipment in the Phoenix metro area. Jake Ertle of Rein & Grossoehme Commercial Real Estate represents the Tenant. 2nd Wind is actively looking for additional sites in the Arizona market.

RETAIL – 310 N. LITCHFIELD ROAD, GOODYEAR, AZ
Judy Jones, Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented the owner of a former JB’s Restaurant located at 310 N. Litchfield Road in Goodyear in the leasing of the 5,012-square-foot building to Eggs and More Restaurant. Chip Diamond of Diamond Properties represented the tenant.

OFFICE – 21321 E. OCOTILLO, QUEEN CREEK, AZ
Affinity Dental leased 4,058-square-feet of office space at 21321 E. Ocotillo in Queen Creek.  Justin Horwitz and Nicole Ridberg of Sperry Van Ness, LLC represented the tenant.

INDUSTRIAL – 13765 W. AUTO DRIVE, GOODYEAR, AZ
TriStar Engineering Management leased 3,742-square-feet of industrial space at Palm Valley Business Park, located at 13765 W. Auto Drive in Goodyear.  Michael Gaida of Sperry Van Ness, LLC represented the tenant.

RETAIL – 4910 W. RAY ROAD, CHANDLER, AZ
Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented JJ’s Restaurant Group to lease 3,663-square-feet of restaurant space at Chandler Sunset Plaza, located at 4910 W. Ray Road in Chandler. The restaurant will operate as Duke’s Tavern.  Brad Balboa of GDCRE represented the landlord.

RETAIL – 7125 E. SOUTHERN AVE., MESA, AZ.
Ryan Mojahed of Sperry Van Ness, LLC represented Copper State Construction to lease 3,106-square-feet of retail space at 7125 E. Southern Avenue in Mesa.

OFFICE – 3850 E. BASELINE RD., MESA, AZ
Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented the tenant, The Naegle Law Firm, PLC., to lease 2,681-square-feet at 3850 E. Baseline Road in Mesa.

RETAIL – 14880 N. NORTHSIGHT BLVD., SCOTTSDALE, AZ
Barbara McKenney of Sperry Van Ness, LLC represented the landlord at Northsight Village III to lease 2,608-square-feet to Impact Ultimate Wellness. The retail center is located at 14880 N. Northsight Blvd. in Scottsdale.

OFFICE – 10615 N. HAYDEN RD., SCOTTSDALE, AZ
A lease for 2,496-square-feet in Hayden Park office building to The SOAR Clinic was recently consummated. The location of the property is 10615 N. Hayden Rd. in Scottsdale, AZ.   The owner of the property is The Fuciarelli Group, LLC. Dan Casey of Rein & Grossoehme represented the tenant and Michael Waxman of LevRose Real Estate represented the owner.

OFFICE – 2133 E. WARNER ROAD, TEMPE, AZ
Justin Horwitz of Sperry Van Ness, LLC represented the landlord at Warner Century Plaza to lease 2,219-square-feet of office space to Clear Title Agency.  The office building is located at 2133 E. Warner Road in Tempe.  Perry Gabuzzi represented the tenant.

RETAIL – 1932 E. UNIVERSITY DRIVE, TEMPE, AZ
Sparky’s Shack leased 2,000-square-feet of retail space at Fort Knox Center, located at 1932 E. University Drive in Tempe. Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented the landlord in the lease transaction.  Dan Noma of Venture REI, LLC represented the tenant.

RETAIL – 12550 W. THUNDERBIRD RD., El MIRAGE, AZ
A lease for 2,000-square-feet at El Mirage Center 12550 W. Thunderbird Rd., El Mirage, AZ to William Corona’s Martial Arts School was recently consummated. The owner of the center is Max Taylor and Company, LLC. Jared Lively of Rein & Grossoehme represented the owner and tenant on this transaction

RETAIL – 4025 E. CHANDLER BLVD., PHOENIX, AZ
Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC.,represented Firehouse Subs to lease 1,832-square-feet at Plaza at Mountainside, located at 4025 E. Chandler Blvd., in Phoenix.  Dan Lupien of Kimco represented the landlord.

RETAIL – 785 W. WARNER RD., GILBERT, AZ
A lease for 1,800-square-feet at Cooper Marketplace, 785 W. Warner Rd., Gilbert, AZ to Medavia Martial Arts was recently consummated. The owner of the center is Cooper Marketplace, LLC. Jared Lively of Rein & Grossoehme represented the owner and tenant on this transaction.

RETAIL – 6336 E. MAIN ST., MESA, AZ
Erin Schrauth, Peter McQuaid and Greg Vanlerberghe of Sperry Van Ness, LLC represented the landlord at Main Street Shops in Mesa to lease 1,800-square-feet to AZ Gold Depot.  Main Street Shops is located at 6336 E. Main Street in Mesa.

RETAIL – SWC of SOUTHERN AVE. & McCLINTOCK RD., PHOENIX, AZ
A lease for 1,450-square-feet at Cooper Marketplace at SWC of Southern Ave & McClintock Road to Electric Haven Barber Shop was recently consummated. The owner of the center is Worrell Family Trust, LLC. Jared Lively of Rein & Grossoehme represented the owner and tenant on this transaction.

RETAIL – 67 S. HIGLEY RD., GILBERT, AZ
Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC., represented the landlord to lease1,403-square-feet of retail space at Lakeview Village to a Yogurt Shop.  Lakeview Village is located at 67 S. Higley Road in Gilbert.  Tyson Breinholt represented the tenant in the transaction.

RETAIL – 17220 N. 19th PLACE, PHOENIX, AZ
Talk A Lot Wireless leased 1,094-square-feet of retail space at 17220 N. 19th Place in Phoenix. Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented both parties in the lease transaction. This center is now fully leased!

OFFICE – 1660 S. ALMA SCHOOL ROAD, MESA, AZ
Also new to Fiesta Crossing, Excel Caregiver Training leased 646-square-feet of office spaceBeau Flahart, Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented both parties in the lease transaction.

OFFICE – 1660 S. ALMA SCHOOL ROAD, MESA, AZ
Borg Property Services leased 630-square-feet of office space at Fiesta Crossing, located at 1660 S. Alma School Road in Mesa.  Beau Flahart, Mary Ridberg and Rommie Mojahed of Sperry Van Ness, LLC represented both parties in the lease transaction.

Submit all sales and leases to [email protected].




Phoenix Lease Deals Reports Nov 11 – 15, 2013

Real Estate Daily NewsPhoenix 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. 45th 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. 47th Avenue in Glendale, AZ.  .  The owner of the center is R&G 47th 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. 3rd St. in Phoenix.

Mary Ridberg and Rommie Mojahed of Sperry Van Ness represented the landlord at 8th 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 [email protected].

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