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

FLEX OFFICE – 4747 N 22^ND STREET, PHOENIX
Dell, Inc. has renewed an existing 12,303-square-foot lease at 4747 N. 22^nd 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 84^TH AVE, PEORIA
RMRM, LLC has leased 7,910-square-feet of industrial space at Antigua Corporate Center located at 16681 84^th 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 54^TH STREET, CHANDLER
DNB Engineering, Inc. has leased 5,435-square-feet of industrial space at 10 Chandler Business Park located at 580 N. 54^th St. in Chandler, Ariz. Mike Parker, Evan Koplan and Mark Krison with CBRE’s Phoenix office represented the tenant. The landlord, North 54^th 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 87^TH STREET, SCOTTSDALE
Cumming Construction Management, Inc. has leased 4,876-square-feet of office space at 14350 N. 87^th 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 40^TH 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 40^th 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 3^RD 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 3^rd Street in Phoenix, AZ. The tenant was Tiffany Hamby-Harthcock.

The following leases were reported to the Real Estate Daily News for the Phoenix Lease Report in the metro Phoenix area for the week of March 31 – April 4, 2014.

Consumer Cellular, leased 85,245 sq. ft. of back office space in the Tempe Commerce Park, Bldg. F, 7410 S. Roosevelt St. in Tempe, Ariz. The lease is for 8 years and starts this spring and will be comprised of the entire building footprint. Lee & Associates Principal, Rick Lee, represented the Scottsdale-based ownership of Walton-EH Tempe Commerce JV VI, LLC (Everest Holdings). Mike Nye of Capacity Commercial of Portland represented the tenant, Consumer Cellular.

Larry Miller and John Jackson of Velocity Retail Group represented Anthem Eastside Shops on the northwest corner of Anthem Way and Venture Drive in Anthem, Arizona in the lease of a 9,145 sq. ft. space to Dollar Tree. The tenant had long attempted to enter the Anthem market, but had been unable to secure quality real estate of sufficient size. The landlord, DPC Development Company, was able to relocate one of their restaurant tenants within the building to create a space for Dollar Tree. Kurt Kalocin of SRS represented the tenant in the 7-year lease. The new store is set to open in April.

Tom Bean and Troy Giammarco represented the tenant, Landmark Collections, LLC, in a 62-month office lease transaction for a 5,079 sq. ft. space at 7776 South Pointe Parkway in Tempe, AZ. Ryan Michael with Cushman & Wakefield represented the landlord, Clocktower Corporate Centre Limited Partnership.

Barbara Lloyd and Tom Bean represented the landlord, Tempe CC, LLC, in a 63 month medical lease transaction for a 3,333 sq. ft. space at 4515 South McClintock Drive in Tempe, AZ. Matt Nebeker with Cassidy Turley represented the tenant, Arizona Microtek, Inc.

Valor IT dba Valor Global Services signed a 6 month lease for 3,000 sq. ft. of office space at 2720 E. Thomas Rd. # A-2000, Phoenix. Adrienne Bryant & Jonvieve Bryant of Bryant Commercial Real Estate handled the transaction for Freeport Investments, the landlord in this transaction.

Hut No. 8, a clothing retailer new to the Phoenix Valley, will be opening its first location in Arizona at the SWC of Warner Road and Val Vista Road in Gilbert. Larry Miller, John Jackson, and Michael Clark of Velocity Retail Group negotiated a five-year lease of 3,428 sq. ft. on behalf of the landlord, North American Development Group. The tenant was represented by Mark Camara of APE Realty. This is also the first location for the franchisee, which plans to open in July.

Velocity Retail Group, LLC announces that the first newly redesigned prototype for Popeye’s Louisiana Kitchen will be built at the southwest corner of Elliot Road and Priest Drive in Tempe, Arizona.   Dave Cheatham, Michael Clark, and Nick Ault of Velocity Retail Group represented Popeye’s in the transaction.  The landlord TPP JV Maricopa, LLC an entity controlled by Trigate Capital was represented by Clift Johnston of Cassidy Turley BRE.  The new building will be 2,951 sq. ft. and be located on a 23,000 square foot parcel fronting Elliot Road and is expected to open by the 4^th quarter of this year.

BBD Ventures LLC dba Mojitos Cigar Bar signed a 5 year lease for 2,830 sq. ft. of retail space at 29850 N. Tatum Blvd. Phoenix represented by Adrienne Bryant & Jonvieve Bryant of Bryant Commercial Real Estate.  Hanley Properties II LLC represented the landlord in this transaction.

Mike Myrick represented both the landlord, CPLC, Inc., and the tenant, Restaurant Success, LLC, in a 5 year retail lease transaction for a 2,592 sq. ft. space at 701 South Central Avenue in Phoenix, AZ.

West Valley Gaming signed a 5 year lease for 2,535 sq. ft. of retail space at 13915 N. Dysart Rd. Suite C1 El Mirage AZ. From A. Bryant.  Hanley Properties VII LLC represented the Landlord in this transaction. Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented both the landlord, CP6GT, LLC, and the tenant, Anaya’s Fresh Mexican Restaurant, in a 5 year retail lease transaction for a 2,401 sq. ft. space at 5830 West Thunderbird Road in Glendale, AZ.

Larry Miller and John Jackson of Velocity Retail Group represented European Wax Center in a 10-year lease of 1,681 sq. ft. at Boardwalk at Anderson Springs located on West Ray Road in Chandler, Arizona. The landlord was represented by Shelby Tworek and Gabe Ortega of NAI Horizon. This is the 18^th Valley location for the tenant, and is scheduled to open in August.

24/7 AC, LLC dba 24/7 AC signed a 2 year lease for 1,000 sq. ft. of retail space at 500 W. Southern Ave. Adrienne Bryant & Jonvieve Bryant of Bryant Commercial Real Estate represented the tenant. Southern Square LLC represented the landlord in this transaction.

Chip Thor of Velocity Retail Group represented V’s Barber Shop in a 5-year lease for 950 sq. ft. at CityScape at First Street and Washington in downtown Phoenix, AZ. The landlord was represented by Mike Kallner of Red Development. The new shop is expected to open this month.

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.

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