Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the lease of a 12,199 square foot office space for Renters Warehouse Arizona. Renters Warehouse will be expanding and relocating to 7227 N. 16th Street in Phoenix. Scott Nelson of CPI’s Scottsdale Office Group represented the tenant, in this transaction.
Renters Warehouse Arizona leased 12,199 SF in the Pointe Business Plaza, a ±101,161 SF office building at 7227 N. 16th Street. The Pointe Business Plaza is located north of Glendale Avenue, on 16th Street and is listed by Landmark ACM.
Scott Nelson commented. “My client, Renters Warehouse Arizona has been rapidly expanding over the last several years and this move will allow for their continued growth. Renters Warehouse is a top ranked residential leasing and management company who’s experienced professionals provide industry leading service.
The transaction resulted in nearly $1 million in total consideration.