Phoenix Lease Report – May 26-30, 2014

Phoenix Lease Report
Phoenix Lease Report

The following leases were reported to us during the week of May 26-30, 2014 for the Phoenix Lease Report:

FLEX OFFICE – 4747 N 22ND STREET, PHOENIX
Dell, Inc. has renewed an existing 12,303-square-foot lease at 4747 N. 22nd St. in Phoenix, Ariz. CBRE’s Kevin Calihan represented the tenant. The landlord, Anchor Center II, LLC, was represented by Judy Tucker with Camroad Properties.

INDUSTRIAL – 16681 84TH AVE, PEORIA
RMRM, LLC has leased 7,910-square-feet of industrial space at Antigua Corporate Center located at 16681 84th Ave. in Peoria, Ariz. Mitch Stravitz, Cooper Fratt, John Werstler and Jerry McCormick of NAI Horizon represented the landlord, First Arrowhead Commerce Center, LLC. The tenant was represented by Tom Keck with West USA Realty.

RETAIL – 1725 N DYSART ROAD, AVONDALE
Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the landlord, Alameda Venture, LLC, in a 3.5 month retail lease transaction for a 7,500-square-foot space at 1725 North Dysart Road in Avondale, AZ. Torrey Briegel with Phoenix Commercial Advisors represented the tenant, Spirit Halloween Superstores, LLC.

INDUSTRIAL – 580 N 54TH STREET, CHANDLER
DNB Engineering, Inc. has leased 5,435-square-feet of industrial space at 10 Chandler Business Park located at 580 N. 54th St. in Chandler, Ariz. Mike Parker, Evan Koplan and Mark Krison with CBRE’s Phoenix office represented the tenant. The landlord, North 54th Street Venture, LLC, was represented by James Harper with Cassidy Turley.

OFFICE – 12515 W BELL ROAD, SURPRISE
Wells Fargo Tenant Advisors has renewed a 5,000-square-foot lease for office space at 12515 W. Bell Rd. in Surprise, Ariz. Kevin Calihan with CBRE’s Phoenix office represented the tenant. The landlord, Nellis Family Investments, LLC, was represented by Alan Davidson with Eagle Commercial Realty Services.

OFFICE – 14350 N 87TH STREET, SCOTTSDALE
Cumming Construction Management, Inc. has leased 4,876-square-feet of office space at 14350 N. 87th St. in Scottsdale, Ariz. CBRE’s Kevin Calihan represented the tenant. The landlord, Miref Northsight, LLC, was represented by Sean Spellman with Cushman & Wakefield. This marks an expansion for the international project and cost consulting firm.

OFFICE – 3131 E CAMELBACK ROAD, PHOENIX
Pathlight Investors has leased 4,067-square-feet at 3131 E. Camelback Rd. in Phoenix, Ariz. Kevin Calihan with CBRE’s Phoenix office represented the tenant. Ray Harris with Cassidy Turley represented the landlord, Lincoln Property Company. The lease marks an expansion for the investment advisory firm.

RETAIL – 1815 E ELLIOT ROAD, TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the landlord, R&D Operations, LLC, in a 10 year retail lease transaction for a 3,500-square-foot space at 1815 East Elliot Road in Tempe, AZ. The tenant was Biscuits AZ, LLC.

OFFICE – 9051 W KELTON LANE, PEORIA
Tom Bean and Troy Giammarco of NAI Horizonrepresented the tenant, CAH Subsidiary REIT, Inc., in a 40 month office lease transaction for a 2,879-square-foot space at 9051 West Kelton Lane in Peoria, AZ. DJ Bean and Franklin Connell with Cutler Commercial represented the landlord, The Hill Trust.

INDUSTRIAL – 6005 S 40TH STREET, PHOENIX
Mike Myrick of NAI Horizon represented the tenant, Switch Suspensions, in a 28 month industrial lease transaction for a 2,700-square-foot space at 6005 South 40th Street in Phoenix, AZ. Langdon Bridges with Commercial Properties, Inc. represented the landlord, Arizona Industrial Properties.

RETAIL – 21141 N JOHN WAYNE PKWY, MARICOPA
Chris Gerow, Shelby Tworek, and Gabe Ortegaof NAI Horizon represented both the landlord, LNR Partners, and the tenant, JB Subs, Inc. in a 10 year retail lease transaction for a 2,600-square-foot space at 21141 North John Wayne Parkway in Maricopa, AZ.

RETAIL – 15410 S MOUNTAIN PKWY, PHOENIX
Holly Brock of NAI Horizon represented the tenant, Alpha Elite Fitness, LLC, in a 5 year retail lease transaction for a 2,400-square-foot space at 15410 South Mountain Parkway in Phoenix, AZ. Mike Duffy with ESCEE Commercial Properties represented the landlord, BaMa Mountain Parkway, LLC.

RETAIL – 2665 E BROADWAY ROAD, MESA
Chris Gerow, Shelby Tworek, and Gabe Ortegaof NAI Horizon represented the tenant, Metro of Arizona 3, Inc., in a 40 month retail lease transaction for a 1,700-square-foot space at 2665 East Broadway Road in Mesa, AZ. The landlord was Lindsey Marketplace, Inc.

RETAIL – 3627 E INDIAN SCHOOL ROAD, PHOENIX
Barbara Lloyd and Thomas Bean of NAI Horizon represented the landlord, Gaslight Square Retail, LLC in a 18 month retail lease transaction for a 1,593-square-foot space at 3627 East Indian School Road in Phoenix, AZ. John Williams and Joseph Orlandi with Homesmart represented the tenant J & J Real Estate Holding, LLC.

OFFICE – 40 WEST BASELINE ROAD, TEMPE
Barbara Lloyd and Thomas Beanof NAI Horizon represented the landlord, Presson Corporation, in a 24 month office lease transaction for a 1,558-square-foot space at 40 West Baseline Road in Tempe, AZ. The tenant was Unity Communications.

OFFICE – 10603 N HAYDEN ROAD, SCOTTSDALE
Peggy Johnson of NAI Horizonrepresented the landlord, Hayden Park, Inc., in a 9 month office lease renewal transaction for a 1,506-square-foot at 10603 North Hayden Road in Scottsdale, AZ. The tenant was Luke Jacobsen, DDS.

RETAIL – 1334 E APACHE BLVD., TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortegaof NAI Horizon represented the tenant, Metro of Arizona 2, Inc., in a 40 month retail lease transaction for a 1,400-square-foot space at 1334 East Apache Boulevard in Tempe, AZ. The landlord was Central Plaza, LLC dba Apache Central Center.

RETAIL – 1840 W SOUTHERN AVE., MESA
Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Metro of Arizona 4, Inc., in a 3 year retail lease transaction for a 1,200-square-foot space at 1840 West Southern Avenue in Mesa, AZ. The landlord was Wiley Family, LLC.

RETAIL – 3312 N 3RD STREET, PHOENIX
Peggy Johnson NAI Horizon represented the landlord, JTR Casa Real LLC, in a 25.5 month retail lease transaction for an 850-square-foot space at 3312 North 3rd Street in Phoenix, AZ. The tenant was Tiffany Hamby-Harthcock.




Phoenix Lease Report – March 17 – 21, 2014

Real Estate Daily News The following leases were reported to the Real Estate Daily News from the Phoenix metro are for the week March 17 – 21, 2014.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Six Fingers, LLC, in a 10 year retail lease transaction for a 7,800 SF space at 9397 East Shea Boulevard in Scottsdale, AZ. Zach Pace with Phoenix Commercial Advisors represented the landlord, 94 Hundred Shea, LLLP.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Ziegler’s NYPD, LLC, in a 10 year retail lease transaction for a 2,746 SF space at 222 South Mill Avenue in Tempe, AZ. Summer Jackson with Cushman & Wakefield of Arizona, Inc. represented the landlord, PKY 222 S. Mill, LLC.

Isy Sonabend of NAI Horizon represented the tenant, Finishmaster, Inc., in a 7 year industrial lease renewal for a 12,520 SF space at 3033 North 35th Avenue in Phoenix, AZ. The landlord was Arizona Industrial Properties.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the landlord, LNR Partners, in a 6 year retail lease transaction for a 4,504 SF space at 21141 North John Wayne Parkway in Maricopa, AZ. The tenant was Plaza Bonita Family Mexican Restaurant, Inc.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the landlord, Boardwalk Chandler, LLC, in a 10 year retail lease transaction for a 1,681 SF space at 1949 West Ray Road in Chandler, AZ. Larry Miller with Velocity Retail represented the tenant, MS Chandler, LLC.

Peggy Johnson of NAI Horizon represented the landlord, AAAA Properties, LLC, in a 3 year office lease transaction for a 6,940 SF space at 8130 East Cactus Road in Scottsdale, AZ.  Michelle Gardner with Shell Commercial represented the tenant, Gencor Mortgage.

Laurel Lewis of NAI Horizon represented both the landlord, HB Foothills Gateway, LLC, and the tenant, PCB Group Sales Company, Inc., in a 39 month office lease transaction for a 1,742 SF space at 4505 East Chandler Boulevard, Chandler, AZ.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAIHorizon represented the landlord, CP6GT, LLC, in a 5 year retail lease transaction for a 1,200 SF space at 5870 West Thunderbird Road Glendale, AZ. The tenant was Nancy L. Khiel.

Peggy Johnson represented the landlord, Glonek Scottsdale Properties, LLC, in a 2 year office lease transaction for a 1,425 SF space at 10505 North 69th Street in Scottsdale AZ.  The tenant was Urman Investments, LLC.

A lease for 1,430 square feet in Coconut Grove Retail Center to Radiant Love Yoga was recently consummated.  The location of the property is 2820 E. University Dr.,  Mesa, AZ.  The owner of the center is Coconut Grove Investment, LLC.  Jared Lively of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

A lease for 1,583 square feet in Kings Inn Retail Center to Mr. D’s Salon was recently consummated.  The location of the property is 10659 W Grand Ave., Sun City, AZ .  The owner of the center is Kings Inn of Sun City, LLC.  Jared Lively of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

A lease for 998 sq. ft. in Greenway Village Square to Holistic Healthcare was recently consummated. The location of the property is 3361 W. Greenway Rd., Phoenix, AZ. The owner of the center is Southwestern Holdings, LLC. Jared lively of Rein & Grossoehme Commercial Real Estate represented the owner.

A lease for 2,995 square feet at 19209 N. 83rd Ave in Peoria, AZ to DA8 Training was recently consummated.  The location of the property is on 83rd Ave just north of Union Hills.  The owner of the center is Mohr Property, LLC.  Jared Lively of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

Submit sales and leases to [email protected].




Phoenix Lease Report February 17 – 21, 2014

Lease Report
Lease Report

The following lease transactions were reported to the Real Estate Daily News for the Phoenix Lease Report during the week of February 17-21, 2014.

RETAIL SPACE – 3975 E THOMAS RD, PHOENIX
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented both the landlord, GM 40 T LLC, and the tenant, JEG Fit 40th & Thomas, LLC, in a 15 year retail lease transaction for a 22,613-Square-foot space at 3975 East Thomas Road in Phoenix, AZ.

RETAIL SPACE – 4303 W PEORIA AVE, GLENDALE
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Mountain Range Restaurants, in a 15 year retail lease transaction for a 4,700-square-foot space at 4303 West Peoria Avenue in Glendale, AZ. Paul Serafin and Matt Morrell with De Rito Partners represented the landlord, DP89, LLC.

RETAIL SPACE – 4505 E CHANDLER BLVD, PHOENIX
Laurel Lewis with NAI Horizon in Phoenix represented the landlord, HB Foothills Gateway, LLC, in an 86 month office lease transaction for a 4,153-square-foot space at 4505 East Chandler Boulevard in Phoenix, AZ. The tenant was West USA Realty, Inc.

RETAIL SPACE – 4505 E CHANDLER RD, PHOENIX
Laurel Lewis with NAI Horizon in Phoenix represented the landlord, HB Foothills Gateway, LLC, in a 66 month office lease transaction for a 2,560-square-foot space at 4505 East Chandler Boulevard in Phoenix, AZ. Grafton Milne with Menlo Group represented the tenant, Smith LC.

RETAIL SPACE – 3491 W FRYE RD, CHANDLER
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Luv My Bling, LLC, in a 7 year retail lease transaction for a 2,200 square-foot space at 3491 West Frye Road in Chandler, AZ. Cameron Warren with Phoenix Commercial Advisors represented the landlord, GM Chandler Village, LLC.

RETAIL SPACE – 1825 E GUADALUPE RD, TEMPE
Chris Gerow, Shelby Tworek, and Gabe Ortega with NAI Horizon in Phoenix represented the tenant, Linda Mar Ventures, Inc., in a 5 year retail lease transaction for a 1,400 square-foot space at 1825 East Guadalupe Road in Tempe, AZ. The landlord was WRI Retail Pool I.

OFFICE SPACE – 14239 W BELL RD, SURPRISE
Tom Bean and Troy Giammarco with NAI Horizon in Phoenix represented the tenant, JOBY Management, in a 26 month office lease transaction for a 1,374-square-foot space at 14239 West Bell Road in Surprise, AZ. Tyler Smith with Colliers International represented the landlord, Paramount Surprise, LLC.

OFFICE SPACE – 1130 E MISSOURI AVE, PHOENIX
Peggy Johnson with NAI Horizon in Phoenix represented the landlord, Alice Avenue, LLC, in a 5 year office lease transaction for a 770-square-foot space at 1130 East Missouri Avenue in Phoenix, AZ. The tenant was John D Hensler, LLC.

RETAIL SPACE – 250 N LITCHFIELD RD, GOODYEAR
Tom Bean, Troy Giammarco, and Laurel Lewis with NAI Horizon in Phoenix represented the landlord, TriCal Commercial Investments, LLC, in a 65 month lease transaction for a 297 square-foot space at 250 North Litchfield Road in Goodyear, AZ. Arvle Knight with Kasten Long Commercial represented the tenant, Verco Decking, Inc.

To submit lease and / or sales transactions, email us at [email protected].