Phoenix West Commercial, LLC negotiated multiple lease transactions recently signaling a continued trend in improved market conditions.
The firm’s most notable transaction was the lease of the final space in the Gateway Office Park Building A, a ±4,740 SF office building located at 10320 W McDowell Road in Avondale. The lease for the last available space was fully executed on October 30, 2015. The owners of this building awarded Phoenix West Commercial, LLC a six-month listing agreement on this building and Bobbie Lorraine Mastracci, CCIM, designated broker, was able to fully lease the entire building within that time frame! Kudos to Bobbie!
Phoenix West Commercial, LLC also negotiated the following transactions:
Sonora Village leased a ±2,200 square foot office located at SWC Loop 101 and Frank Lloyd Wright Boulevard, Unit 1 in Scottsdale to Pita Kitchen in October 2015. Bobbie Lorraine Mastracci, CCIM, designated broker, represented the tenant in the negotiation.
99th Avenue Business Park leased a ±2,277 square foot industrial property located at 9950 W Van Buren Street, Suite A-119 in Avondale to Bailon’s Carpet in October 2015. Bonnie C. Halley, CCIM and Brian Gleason, SIOR represented the landlord.
Bullard Commerce Center leased a ±5,048 square foot industrial property located at 520 N Bullard Avenue, Suite 39-40 in Goodyear to VNS, Inc. dba Neil’s Garage Cabinets in October 2015. Bonnie C. Halley, CCIM and Brian Gleason, SIOR represented both the landlord and the tenant.
Glendale Office Park leased a ±400 square foot office property located at 5540 W Glendale Avenue, Suite C-101 in Glendale to Foerg’s Polygraph Service in October 2015. Bonnie C. Halley, CCIM represented the landlord.
Parkway Village leased a ±1,275 square foot retail property located at 15671 W Roosevelt Street, Suite 101 in Goodyear to Master Haydar’s Black Belt Academy in October 2015. Bobbie Lorraine Mastracci, CCIM, designated broker, represented the landlord.
17th Drive Business Park leased a ±2,480 square foot industrial property located at 23309 N 17th Drive, Suite 120 in Phoenix to Phoenix Electricians Today, LLC in October 2015. Jennifer Tonoli represented the tenant.
Valley Fair Shopping Center leased a ±1,080 square foot retail property located at 63 E Southern Avenue, Suite 117 in Tempe to Maui Whitening in October 2015. Matt Harper represented the tenant.
Goodyear Commerce Center leased a ±774 square foot office/retail property located at 13250 W Van Buren Street, Suite 104 in Goodyear to Passion for Beauty in October 2015. Sam Main represented both the landlord and the tenant.
For information regarding the above listed transactions, contact the brokers at Phoenix West Commercial, LLC at 623.535.9707.