Lee & Associates Brings on Investment Team, Adding More Talent to Seasoned Group

Steven Gonzalez, Marcus Muirhead, and Greg Guglielmino, new investment principals at Lee & Associates (l to r)

PHOENIX, AZ –  Lee & Associates in Phoenix is pleased to announce the addition of Steven Gonzalez, Marcus Muirhead and Greg Guglielmino as Investment Principals joining Lee’s existing Investment Group.

Prior to joining Lee, the veteran group most recently worked as investment brokers at Colliers International and at Marcus & Millichap, both in Phoenix. The team specializes in the acquisition and disposition of single and multi-tenant healthcare and office investment properties.

“We are excited to have this seasoned team join our already strong Capital Markets and Investment Brokerage Division by focusing on office and healthcare opportunities,” said Fred Darche, Managing Principal. “We have every confidence that this team will add value to our eff orts and reflects on our commitment to attaining the best talent for our fi rm.”

Steven Gonzalez brings his decades-long expertise in investment services, capital markets, healthcare services, investment properties and office. He is a graduate of Arizona State University and is a member of NAIOP.

Marcus Muirhead brings his vast knowledge and success of investment services, capital markets, healthcare and office. He is a graduate of the University of Arizona.

Greg Guglielmino’s expertise is focused on healthcare, office and investment services/capital markets. He is a graduate Magna Cum Laude from Arizona State University and Marquette University in Milwaukee.

Additionally, five new Associates were added to Lee’s brokerage efforts on January 1 of this year. Michael Marsh and Spencer Nast in the office division, Nick Nudo in the industrial division, Andrew Lundahl in the investment division and Bryson Fricke in the Multifamily division.

Lee & Associates Arizona celebrated its 25th anniversary in the Valley in 2016 and is committed to even greater success moving forward as the firm expands it’s footprint in the Valley. By adding seasoned experts and young brokers to the team, the firm is committed to building a strong foundation for the future success of the company.

For more information, Gonzalez should be reached at 602.474.9588, Muirhead is at 602.474.9589, and Gugielmino can be contacted at 602.474.9590.




Two Sale Leasebacks Combined for $2.175 Million

3303-E-300x133PHOENIX, AZ – Colliers International in Greater Phoenix recently completed two separate medical office condominium sales totalling $2.175 million in a triple net leasebacks for Desert Pulmonary and Sleep Consultants in Gilbert. The combined square footage is 8,396.

Both transactions were led by Steve Gonzalez, senior vice president; Marcus Muirhead, vice president; and Greg Guglielmino, senior associate; all with Colliers’ Phoenix office. They are the exclusive representatives for the seller, which became the tenant, Desert Pulmonary and Sleep Consultants. The company provides comprehensive care for persons with lung disease and sleep disorders.

The California buyer in the first transaction, KMRS LLC, purchased a portion of Building 9 located within the Spectrum Falls Professional Park, 2730 S. Val Vista Drive in Gilbert, from Desert Pulmonary for $1 million. The Spectrum Falls Professional Park is one of the most exclusive office condominium projects in the Southwest.

Built in 2006, the Class A medical office condominium consists of 3,835-square-feet and is minutes away from the Gilbert Medical Center and Loop 202. It is also near the San Tan Village Power Center and high-quality retail shopping and restaurants. Gonzalez, Muirhead and Guglielmino represented the buyer in the transaction as well as the seller.

The second property is a portion of Building 4 within the Executive Villas at Dana Point, located at 3303 E. Baseline Road in Gilbert. It was purchased by Dana Point 208 LLC of Mesa, a private investor, from Desert Pulmonary for $1.175 million. The buyer’s broker was Tooraj Bakhtiari, senior commercial specialist, with REMAX Excalibur Realty in Scottsdale.

Built in 2003, the medical office condominium consists of 4,561-square-feet. The location is near Banner Gateway Hospital Center and the U.S. 60. It is across the street from Dana Park Shopping Center, an exclusive community lifestyle center, offering a mix of dining, services and upscale shopping options.

“The seller desired to divest the real estate for long-term planning purposes and to focus on their core business in healthcare,” according to Gonzalez.




Colliers Completes $6 Million Sale Of Triple Net Retail Center in Glendale

Glendale, AZ (courtesy photo)
Arrowhead Lakes Marketplace, Glendale, AZ (courtesy photo)

Phoenix, AZ – Colliers International in Greater Phoenix recently completed the sale of Arrowhead Lakes Marketplace, a 22,280-square-foot, grocery-anchored retail center for $6 million ($269.30 per square foot).

DCL Investments, LLC of Marreno, La., purchased the property, located at 20329 North 59th Avenue in Glendale, from AHR, LLC of Scottsdale.

Steve Gonzalez, senior vice president; Marcus Muirhead, vice president; and Greg Guglielmino, senior associate; all of Colliers International, represented DCL Investments LLC. The seller was self-represented.

The 92 percent leased Arrowhead Lakes Marketplace is located on 2.26 acres at the northeast corner of 59th Avenue and Beardsley Road, immediately north of Loop 101. It is part of a larger shopping center anchored by Albertsons.

“The property benefits from its location at the entry to the Arrowhead Ranch, an exclusive master-planned community,” said Gonzalez, adding, “It has a history of strong occupancy due to its location within this dynamic submarket.”