Phoenix Lease Report May 28-June 1, 2018

Phoenix Leases May 28-June 1, 2018

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from May 28 thru June 1, 2018.

ASIAN ISLAND INKED LEASE AT CENTERPOINT AT DEER VALLEY
A lease for 1,928square-feet in Centerpoint at Deer Valley to Asian Island was recently consummated.  The location of the property is 23450 N. 19th Ave., Phoenix, AZ.  The owner of the center is SimonCRE Louise IV, LLC.  Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant.

NORTH VALLEY BICYCLES IN PHOENIX AT 7TH STREET PLAZA
North Valley Bicycle opened 1,877-square-feet at the NEC of 7th Street and Union Hills Drive in 7th Street Plaza. North Valley Bicycle is a neighborhood Bike Shop with a product mix that reaches all income levels. North Valley Bicycle relocated from their prior location at Union Hills Drive & Cave Creek Road to 7th Street Plaza. Donna Reece of ZELL Commercial Real Estate Services represented the Landlord, while Rommie Mojahed of SVN Desert Commercial Advisors, LLC represented the Tenant on the Lease.

SCOTTSDALE FAMILY PSYCHIATRY BRINGS HEALING TO PLAZA CODORNIZ
Scottsdale Family Pshyciatry has leased a 1,531-square-foot space in Plaza Codorniz at 4300 North Miller Road, Ste 137 in Scottsdale, Arizona. Scottsdale Family Psychiatry is devoted to the diagnosis, prevention and treatment of mental disorders and offer all measures of healing. Dena Zell of ZELL Commercial Real Estate Services represented the Tenant, while Jason Reddington of LevRose Commercial Real Estate represented the Landlord on the Lease.

NAIL BAR COMES TO SHEASCOTT PLAZA
A lease for 1,485-square-feet in SheaScott Plaza to Nail Bar on Shea was recently consummated.  The location of the property is 7337 E. Shea Blvd. in Scottsdale, AZ.  The owner of the center is SheaScott, LLC. Jared Lively of Rein & Grossoehme CRE represented both the Landlord and the Tenant.

KUMON MATH & READING CENTER TO REMAIN IN COPPER POINT IN CHANDLER
Kumon Math & Reading Center signed a lease for 1,296-square-feet in Copper Point located on the NWC of Ray Road & McClintock Drive in Chandler, Arizona.  Kumon Math & Reading Center celebrates 60 years of learning, Kumon’s after-school academic enrichment program has helped children achieve success worldwide.   Eliot Stedman of ZELL Commercial Real Estate Services represented the Landlord on the Lease.

KING DISCUS & KOI FISH OPENS AT COLUMBIA PLAZA
King Discus & Koi Fish has leased 1,200-square-feet in Columbia Plaza at the SWC 99th Avenue & Camelback Road, Phoenix, Arizona. King Discus & Koi Fish specializes in the sale of aquarium related products and services.  Donna Reece of ZELL Commercial Real Estate Services represented the Landlord on the Lease.

HAUS OF VAPORS COMES TO DESERT VALLEY PLAZA IN PHOENIX
Haus of Vapors will open a 1,200-square-foot space at Desert Valley Plaza at the SEC of Bell Road & 40th Street – Phoenix, Arizona. Haus of Vapors’ quality juice is premium and very competitive in pricing.   Dena Zell of ZELL Commercial Real Estate Services represented the Landlord, while Taylor McCuiston of Patriot Commercial represented the Tenant on the Lease.

RED STAR VAPOR COMES TO PALM VALLEY PAVILIONS NORTH
Red Star Vapor has leased a 1,049-square-foot space at the NEC of Litchfield Road & McDowell Road in Palm Valley Pavilions North in Goodyear, Arizona. Red Star Vapor is the largest vape chain in Arizona and growing! Choose from 163 flavors!  Donna Reece of ZELL Commercial Real Estate Services represented the Landlord, while Natalie Heeley of Phoenix West Commercial represented the Tenant on the Lease.

RED STAR VAPOR JOINS GREENWAY PROMENADE
Red Star Vapor will soon be offering affordable premium juice from a 960-square-foot space located on the NWC of Greenway Road & 59th Avenue in Greenway Promenade in Glendale, Arizona. Red Star Vapor is the largest vape chain in Arizona and growing! Donna Reece of ZELL Commercial Real Estate Services represented the Landlord, while Natalie Heeley of Phoenix West Commercial represented the Tenant on the Lease.

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SVN Desert Commercial Advisors sets Record-Breaking Deal Volume in 2017

Phoenix, Arizona  SVN Desert Commercial Advisors is a full service commercial real estate brokerage firm that specializes in so many areas of commercial real estate. With over twenty licensed advisors working with the brokerage firm in central Phoenix, the year-end totals broke the 2016 records by recording another $33M in total lease and sale transactions totaling $128M for the year.

Managing Director, Perry Laufenberg stated, “Our average earnings per broker increased 72% year over year.” In 2017, the SVN franchise focused on improving the individual success plans for each of the brokers. One of the most memorable moments for Laufenberg was presenting the trophy for ‘Prospector of the Year’ to Vicente Cantua at the SVN holiday party. Laufenberg said, “I know how much effort went into that award so it was very rewarding to see him accept it.”  Desert Commercial Advisors has one of the best marketing and media presences in the valley.  Director of Marketing, Melissa Swader has twenty years of experience in marketing, design, and PR and continues to elevate the SVN franchise brand in extraordinary ways.  Recently, Swader was nationally recognized by The Broker List for her blog material regarding commercial real estate news and advisor announcements for their ‘done deals’ at the firm. “It is really important to me to share CRE news with others in the industry,” said Swader. “Collaboration comes in all forms and I enjoy all the relationships I have with our online/print magazine editors and publishers and our SVN national network. They are invaluable.”

Danny Lee, vice president investment advisor was also named Top Producer of the Year in 2017.  His continued success in the multifamily division is a constant reminder that the market is steady in Phoenix.  Director of Retail Leasing & Sales Investments, Rommie Mojahed also contributed largely to the production numbers this past year closing approximately $55M in total deal volume in combined lease and sale transactions.  Senior advisor, Justin Horwitz who mainly specializes in the office property type also closed over $30M in deals.

SVN | Desert Commercial Advisors is a locally owned and operation company that treats everyone in the office like an extension of family instead of a number in the yearly report to a group of investors at Wall Street. Laufenberg said, “We have a global brand and network with over a billion dollars in transaction volume last year, and all of the training, tools, and resources that accompany that to help provide best in class service to our clients.”

This year will be another big year for Desert Commercial Advisors.  SVN will continue to focus on the growth of the company. The local franchise has always embraced technology, inclusion, and diversity. Laufenberg said, “The values and core covenants that the company was founded on continue to be an important part of why we are with SVN.” That coupled with recruiting efforts and advanced sales training to serve their clients in every capacity will be instrumental in the growth of Desert Commercial Advisors.




From SVN California to SVN Phoenix, Lindsey Dulle joins the Retail Team

Lindsey Dulle

Phoenix, Arizona – Rommie Mojahed has been recognized in the valley for his notable retail development transactions from areas all over the valley.  As one of the Director’s for the retail division, he has grown his retail team over the years and brings on Lindsey Dulle to oversee specific marketing and project management for the team’s extensive listing activity.  She is also fully licensed with the State of Arizona so she is the newest Associate Advisor on Mojahed’s retail team.

Dulle comes with a solid background and knowledge of commercial real estate. Mojahed said, “We are excited for Lindsey to join our team in Phoenix.  Lindsey was part of a powerhouse retail team in Newport, California and has brought that momentum to our team.” Dulle spent three years with another office in Orange County, California.  At SVN Renaissance Commercial, Lindsey worked directly with the sale and leasing teams to increase productivity, improve efficiencies, and provide support to the various teams of Advisors.

She was originally hired into the assistant marketing role at Desert Commercial Advisors in Phoenix to support the retail leasing and sales team for Rommie Mojahed however three months ago yesterday she officially hung her commercial real estate license with SVN.  Moving forward, Dulle will not only continue to play an instrumental role in offering knowledgeable marketing & design support to three other advisors, she will also be an active associate advisor on future listings.

Prior to SVN in California, she spent over three years with CBRE, where she worked for the top investment sales teams in Southern California.  “Lindsey has already been an integral part of elevating the marketing for over forty-two of Rommie’s active listings that is comprised of retail and land developments,” said the Director of Marketing & Administration, Melissa Swader.

Lindsey Dulle has her Bachelors in Liberal Studies from the University of Redlands, but she is happy to be back in her hometown of Scottsdale, Arizona with her husband and two young boys.