Leasing & Sales Activity Picks up in the 2nd Quarter for Sperry Van Ness Advisors

Pro One Plaza
Pro One Plaza

RETAIL LEASES:
Rommie Mojahed and Mary Ridberg represented the landlord at Cobblestone Fiesta, located at 21542 N. John Wayne Parkway in Maricopa, to lease 1,539 SF of retail space to Empowered Athletics. This was the last available space at this shopping center.

Peter McQuaid, Greg Vanlerberghe and Erin Schrauth represented Boost Mobile to lease 900 SF of retail space at Milsam Center, located at 10430 N. 19th Avenue in Phoenix.
Unwined Café leased 3,810 SF of restaurant space at Desert Market at the Foothills, which is located at the NEC of Chandler Blvd. and Desert Foothills in Phoenix. Peter McQuaid, Greg Vanlerberghe and Erin Schrauth represented the tenant.

Adam Lopez represented the landlord to lease 700 SF to Karla’s Yerberia Y Accessories at Olive Tree Plaza. The retail center is located at 535 E. Southern Avenue in Mesa.
Metro PCS leased 1,050 SF of retail space at Apache Trail Plaza, located at 3061 W. Apache Trail in Apache Junction. Beau Flahart represented the landlord in the transaction.

RETAIL SALES:

Shari A. Tucker-Gasser and Judy Jones represented the seller, Rockbay Properties II, Ltd., in the sale of a 3,000 SF former convenience store. The property is located at 8323 W. Peoria Avenue in Peoria and sold for $244,000.00. The buyer, AT Properties, LLC, was represented by John Asher of Arizona Private Realty, LLC.

OFFICE LEASES:
Justin Horwitz represented the tenant, Ideal Rehabilitation, to lease 2,092 SF of office space at La Cholla Medical Center. This medical office is located at 6261 N. La Cholla Blvd in Tucson.

Advanced Therapy Solutions leased 857 SF at Warner Plaza, which is located at 690 E. Warner Road, Suite 110, in Gilbert. Justin Horwitz represented the landlord in the transaction.

Justin Horwitz and Nicole Ridberg represented the landlord at Ventura Gateway to lease 1,352 SF of office space to Healthcare Financial Resources. Ventura Gateway is located at 8687 E. Via De Ventura in Scottsdale and the tenant will occupy suite 209.

Crisis Preparation and Recovery leased 9,557 SF of office space at 2120 S. McClintock Road in Tempe. Justin Horwitz and Nicole Ridberg represented the landlord. Geoffrey Turbow of Levrose represented the tenant.

OFFICE SALES:
Justin Horwitz and Nicole Ridberg represented the seller, Rialto Capital Management, LLC, in the sale of 8701 E. Vista Bonita in Scottsdale. The 981 SF office space was purchased by MCSIS, LLC for $115,000.

Justin Horwitz represented the seller in the sale of a 1,403 SF office condo at Warner Plaza, located at 690 E. Warner Road in Gilbert. The class “A” office condo was purchased by Mehall Contracting LLC for $95,404 and closed May 9th.

Pro-One Plaza recently sold for $800,000, or $33.33 per square foot, in an REO sale to Northwood Properties, LLC. The seller, 2010-1 CRE AZ-Office, LLC was represented by Justin Horwitz, Nicole Ridberg, Neil Sherman and Tony Yousif all with Sperry Van Ness. Pro-One Plaza is located at 8607 N. 59th Avenue in Glendale and consists of five buildings totaling +24,000 SF.

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