Press Release brought to you by De Rito Partners

De Rito Partners, Inc. Releases Recent July Commercial Transactions

08/04/2015

 

De Rito Partners, Inc. Releases Recent Commercial Transactions

 

Rancho Grande Center adds yerberia

A yerberia shop finalized a deal to add a new location in South Phoenix, at the northeast corner of Central Avenue and Broadway Road. Stan Sanchez represented the landlord in completing the lease of the 750-square-foot space.

 

DC Ranch Crossing welcomes Urban Winery

Urban Winery signed a lease to join DC Ranch Crossing at the southeast corner of Pima Road and Union Hills Drive in Scottsdale. John M. Palmieri and Paul Serafin represented the landlord in completing the deal for 2,463 square feet.

 

Dutch Bros. Coffee increases Valley presence

Dutch Bros. Coffee completed a ground lease of 14,060 square feet at the southeast corner of Scottsdale Road and Grayhawk Drive in Scottsdale. Brian Bridgman and Marty Olejarczyk represented Dutch Bros. in completing the transaction.

 

Metro PCS retailer opens in South Phoenix

A Metro PCS retailer finalized a transaction to open another Valley location at the northeast corner of 19th Avenue and Southern Avenue in Phoenix. Jeff Schonberger represented the landlord in completing the lease of the 1,176-square-foot space.

 

Amazing Lash joins Tempe Marketplace

Amazing Lash Studio signed a lease to take a 2,465-square-foot space at Tempe Marketplace at Loop 202 and McClintock Drive. Morey Fischel represented the tenant in completing the transaction. 

 

Ticket software and solutions company adds office in Scottsdale

Ticket Evolution, a national software company servicing ticket resellers, completed a deal to open an office near Gray Road and Hayden Road in Scottsdale. Jeff Schonberger represented the tenant in completing the lease of the 920-square-foot office space.

 

Subway completes deal at Santan Gateway South

Subway completed a deal for 1,542 square feet at Santan Gateway South located at the southeast corner of Loop 202 Freeway and Arizona Avenue. Mike Kumelski and Paul Serafin represented the landlord in completing the deal.

 

Golden Hawaiian BBQ adds second location

Golden Hawaiian BBQ signed a deal to open a second Valley location near the northeast corner of Dobson Road and Chandler Boulevard. Gordon Heckaman and Carl Jones, Jr. represented the landlord in completing the lease of 1,807 square feet.

 

 

 

One Stop Shop plans fourth Valley location

One Stop Shop, a retailer specializing in tailoring, jewelry and shoe repair, and dry cleaning, finalized a lease to open their fourth Valley shop, this one is located at the southeast corner of Tatum Boulevard and Greenway Road in Phoenix. Lizette Borbon-Iskhakova represented the tenant in leasing the 750-square-foot space.

 

Supercuts joins Pebble Creek Marketplace

Supercuts signed a lease for a 1,080-square-foot space at the southwest corner of Pebble Creek Parkway and McDowell Road in Goodyear. Paul Serafin and Chris Corso represented the landlord in completing the transaction.

 

Western State Bank purchases property in Sun City West

Western State Bank finalized the purchase of a former bank facility located along R H Johnson Boulevard just south of Meeker Boulevard in Sun City West. Larry Zebe represented the buyer in completing the sale of the facility.

 

Mr. Spa Man adds fifth Valley location

Mr. Spa Man Spas leased a 1,750-square-foot space at The Pavilions at Talking Stick, marking the fifth Valley location for the retailer. Gordon Heckaman and Carl Jones, Jr. represented the landlord in completing the transaction.

 

Rodney D. Young continues expansion

Rodney D. Young signed a lease to open its 24th Arizona location at the northeast corner of 7th Street and McDowell Road in Phoenix. Carl Jones, Jr. and Lizette Borbon-Iskhakova represented the tenant in completing the lease of the 3,002-square-foot space.

 

AZDES relocates branch to new site

The Arizona Department of Economic Security relocated one of its offices to a 14,554-square-foot space at the northwest corner of 43rd Avenue and Indian School Road in Phoenix. Stan Sanchez and Paul Serafin represented the landlord in completing the lease.

 

JBJV, LLC purchases Mesa office building

JBJV, LLC purchased a 6,800-square-foot office building at the southwest corner of Southern Avenue and Pasadena in Mesa. Bruce Milton and Justin Rihs represented the seller in completing the deal.

 

Popeyes joins Ocotillo Plaza in Chandler

Popeyes Louisiana Kitchen completed the purchase of a pad at the northwest corner of Alma School Road and Queen Creek Road in Chandler. Larry Zebe and Matt Morrell represented the owner in completing the sale.

 

Former El Santo Bar & Grill building sold

TheoryR Properties purchased the former El Santo Bar & Grill located at 73rd Street and Butherus Drive in Scottsdale. Stan Sanchez and John M. Palmieri represented the owner in completing the sale of the 9,285-square-foot building.  

 

About De Rito Partners Platform

 

De Rito Partners is structured into five entities. Established in 1992, De Rito Partners, Inc. has grown to become one of the largest brokerage firms in Arizona specializing in retail. The company offers full-service retail brokerage operations, property leasing, sales and tenant representation. The company has 26 seasoned brokers exclusively representing more than 200 shopping center owners and 60 national and local retailers. The company is also the exclusive Arizona member of Retail Brokers Network, a national real estate powerhouse composed of the foremost retail brokerage firms in the U.S.  De Rito Partners Development, Inc. specializes in the development and redevelopment of select retail and mixed-use properties. Currently redeveloping 1.1 million square feet at The Pavilions at Talking Stick (formerly Scottsdale Pavilions), the company creates retail environments for shoppers, merchants, communities and investors, and has developed 20 first-class retail and auto properties totaling more than 5 million square feet throughout the Greater Phoenix areaDe Rito Property Management, LLC offers premier-quality property management services for retail properties of any size.  Currently managing 33 properties totalling 2,025,450 million square feet.  De Rito Opportunity Investors, LLC has recently purchased 45 retail assets, with plans to purchase 5 more this year in Arizona and Nevada and offers individually tailored retail property solutions, specializing in acquisitions of value-added and stable assets. De Rito Land Development, LLC specializes in ground-up grocery anchored and other commercial neighborhood shopping centers. The company website is www.derito.com.

 

08/04/2015 - 22:15

Source

De Rito Partners

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