Five Long-Term Retail Leases Negotiated Highlight Recent Transactions by NAI Horizon Professionals

PHOENIX, ARIZ. (November 27, 2018) – Long-term leases for three restaurants, a fitness gym, and a barber shop highlight recent deals closed by NAI Horizon professionals. The NAI Horizon retail properties team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega, and Associate Patrick Anthon negotiated the five transactions.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Planet Fitness, in a 132-month retail lease for 15,750 SF at 7620 W. Lower Buckeye Rd., Phoenix, AZ. Tim Westfall with Newmark Grubb Knight Frank represented the landlord, HH-Estrella, LLC.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Firehouse Subs, in a 120-month retail lease for 1,800 SF at 5122 N. Dysart Rd., Litchfield Park, AZ. Robert Deaton with Deaton Realty Services represented the landlord, 545657, Inc.

Matt Harper represented the landlord, Hope Thunderbird Investments, LLC, in a 120-month retail lease for 2,000 SF at 5149-5151 W. Thunderbird Rd., Glendale, AZ. Chuck Gibson with SRS represented the tenant, Walgreen Arizona Drug Co.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Tacos Tijuana, in a 60-month retail lease for 1,500 SF at 1754 S. Greenfield Rd., Mesa, AZ. Larry Brown with Diversified Partners represented the landlord, Alpha IV Partners, LLC.

Tyler Smith represented the landlord, Sun Grove Medical, LLC, in a 64-month medical office lease for 1,798 SF at 20542 N. Lake Pleasant Rd., Peoria, AZ. Kevin Harper with Arizona Healthcare Realty represented the tenant, Karibu Family Care, PLLC.

Matt Harper represented the landlord, LASA Realty, LLC, in a 60-month retail lease for 100 SF at 7448 W. Glendale Ave., Glendale, AZ. Denise Myers with JLL represented the tenant, Bank of America, National Association.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Anthony Leparulo Separate Property Trust, in a 60-month retail lease for 1,028 SF at 780 W. Elliot Rd., Tempe, AZ. Chassity Andrews with Realty One Group represented the tenant, The Cut Barbershop, LLC.

Matt Harper represented the tenant, Tao Fellowship, in a 36-month retail lease for 1,470 SF at 1840 W. Chandler Blvd., Chandler, AZ. Matthew Ault with Kidder Mathews represented the landlord, GCCFC 2006-GG7 West Chandler Boulevard, LLC.

Matt Harper represented the landlord, Sayan 26 Investment Group, LLC, in a 12 mo. retail lease for 6,960 SF at 4323 W. Cactus Road, Glendale, AZ.

Matt Harper represented both the landlord, Elmo Tari Trust, and the tenant, Stepping Stone Adult Development Center, LLC, in a 27-month retail lease for 4,277 SF at 12235 N. Cave Creek Rd., Phoenix, AZ.

Jeff Adams represented the landlord, Goodsell Properties, LLC, in a 38-month office lease for 888 SF at 2033 E. Warner Rd., Tempe, AZ. Matt Bustamante with Realty One Group represented the tenant, 1st Insurance Group.

Matt Harper represented the landlord, Hillcrest Plaza, LLC, in a 62-month retail lease for 940 SF at 1241 E. Broadway Rd., Mesa, AZ


About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson.  NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to 400 offices worldwide. For more information visit www.naihorizon.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide.

NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more visit: www.naiglobal.com.

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