NAI Horizon Announces Recent Transactions

Sale Transactions:
Chris Gerow, Shelby Tworek, Gabe Ortega, and Josh Landers negotiated the sale of a 9,361 SF retail property, representing the seller, Raymond C. Boles, LLC, for $3,524,278. The property is located at the SEC of Rural Road and Lemon Street in Tempe, AZ. John Kobierowski with ABI Multi-Family represented the buyer, Jonathan Schoen.

Thomas Bean and Troy Giammarco negotiated the sale of a 74,880 SF office property, representing the buyer, Metro Park, LLC, for $2,600,000. The property is located at 10220 and 10240 North 31st Avenue in Phoenix, AZ.

Mark Wilcke negotiated the sale of 5.38 acres of land, representing the buyer, Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-Day Saints, for $1,406,117. The property is located at the NEC of Recker Road and Bloomfield Parkway in Gilbert, AZ. Rob Martensen with Colliers International represented the seller, RG-Recker, LLC.

Peggy Johnson negotiated the sale of a 12,993 SF office property, representing the seller, Arrowhead D-150, LLC, for $490,000. The property is located at 3118 East McDowell Road in Phoenix, AZ. Steven Crane with ReMax Commercial represented the buyer, MAC Training, LLC.

Sharon Reeves negotiated the sale of a 3,798 SF retail property, representing the seller, Nick Petruolo, for $427,500. The property is located at 1546 West Bell Road in Phoenix, AZ.

Mark Wilcke negotiated the sale of a 5,872 SF industrial property, representing the seller, Rita Elias Survivors Trust, George N. Elias Trustee, for $400,000. The property is located at 1120 South Mesa Drive in Mesa, AZ.

Lease Transactions:
Chris Gerow, Shelby Tworek, and Gabe Ortega represented the landlord, The Market at Estrella Falls, LLC, in a 10 year retail lease transaction for a 4,400 SF space at the NEC of Pebble Creek & McDowell Road in Goodyear, AZ. Chuck Wells with Phoenix Commercial Advisors represented the tenant, Oregano’s Pizza Bistro.

Paul Honeycutt and Jennifer Keeler represented the landlord, Watson & Yuma Properties, LLC, in a 120 month retail lease transaction for a 3,100 SF space at the SWC of Watson and Yuma in Buckeye, AZ. Peter McQuaid and Greg Vanlerbergne with Sperry Van Ness represented the tenant, Clearburst Hospitality, LLC.

Chris Gerow, Shelby Tworek, and Gabe Ortega represented the tenant, All American Pool & Patio, Inc., in a 68 month retail lease transaction for a 9,443 SF space at 2860 West Chandler Boulevard in Chandler, AZ. Shane Stephens with RED Development represented the landlord, Chandler Festival SPE, LLC.

Thomas Bean and Troy Giammarco represented the landlord, TAF Real Estate, LLC, in a 66 month office lease transaction for a 10,274 SF space at 3310 West Cheryl Drive in Phoenix, AZ.

George Long represented the landlord, 5750 W Thunderbird Rd, LLC, in a 84 month medical lease transaction for a 4,611 SF space at 5750 West Thunderbird Road in Glendale, AZ. Vince Femiano and Kate Morris with Transwestern represented the tenant, Sunrise Medical Management, LLC.

Laurel Lewis represented the landlord, HB Foothills Gateway, LLC, in a 65 month office lease transaction for a 1,893 SF space at 4505 East Chandler Boulevard in Phoenix, AZ. Keith Lammerson with Jones Lang LaSalle represented the tenant, Rogery Roybal, DDS.

Chris Gerow, Shelby Tworek, and Gabe Ortega represented the landlord, Fortuna Commons Investments, LLC, in a 60 month retail lease transaction for a 1,200 SF space at 11274 South Frontage Road in Yuma, AZ. Danny Ortega with Colliers International represented the tenant, General Nutrition Corporation.

Chris Gerow, Shelby Tworek, and Gabe Ortega represented the tenant, Village Herbalist Enterprises, LLC, in a 5 year retail lease transaction for a 1,050 SF space at 4025 South 40th Street in Phoenix, AZ.

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