Press Release brought to you by NAI Horizon

Flex building sale in Scottsdale highlights recent NAI Horizon deals

04/30/2018

    PHOENIX, ARIZONA (April 30, 2018) – The sale of a flex building that will be converted into a music venue in the much sought-after Scottsdale Airpark submarket

highlights recent transactions closed by NAI Horizon professionals.

Sale Transactions:

Troy Giammarco and Tyler Smith negotiated the sale of a 30,000 SF property, representing the seller, C.R.C. Investments, LLC, for $6.3 million. The property is located at 8445 E. Hartford Drive, Scottsdale, AZ. Steve Barger with CRE Property Advisors represented the buyer, Proverbs 3:5, LLC.

Laurel Lewis negotiated the sale of a 3,648 SF office property, representing the seller, Bliss Unlimited, LLC, for $850,000. The property is located at 3533 N. 70th St., Scottsdale, AZ. Tony Werstler with My Home Group Real Estate represented the buyer, ACPTS Phx, LLC.

Lease Transactions:

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, VTA, LTD, in a 36-month retail lease for 36,825 SF at 3003 W. Apache Trail, Apache Junction, AZ. Carl Cunningham with My Home Group Real Estate represented the tenant, Sunshine Acres Boutique & Donation Center, Inc.

Tom Bean, CCIM, represented the tenant, Snap On Tools Company, LLC, in a 65-month office lease renewal at 426 N. 44th St., Suite 330, Phoenix, AZ.

Laurel Lewis represented the landlord, Rural Road Associates, LLC, in a 63-month office lease at 6515 S. Rural Rd., Tempe, AZ. Shane McCormick with Commercial Properties, Inc. represented the tenant, Journeys Counseling Center, PLLC.

Rick Foss and Tom Bean, CCIM, represented the tenant, Wilson Construction Company, in a 37-month industrial lease at 2228 W. 1st St., Tempe, AZ. Stein Kloss with Lee & Associates represented the landlord, 2228 W. 1st Street, LLC.

Laurel Lewis represented the tenant, Terracon Consultants, Inc., in a 60-month office lease at 1050 N. Fairway Drive, Building G, Avondale, AZ. Mike Gilbert with Cushman & Wakefield represented the landlord, Avondale Commerce, LLC.

Tom Bean, CCIM, represented the tenant, Emerald Pools & Spas, Inc., in a 64-month industrial lease at 2025 W. Deer Valley Rd., Phoenix, AZ. Eric Bell with Kidder Mathews represented the landlord, IP 2015 West Deer Valley Road, LLC.

Rick Foss represented the landlord, Gerald M. and Diane M. Olson Revocable Living Trust, in a 38-month lease at 115 N. 30th St., Phoenix, AZ.

Matt Harper represented the landlord, Caspian Corporation, in a 62-month office lease at 114 W. Camelback Rd., Phoenix, AZ.

Matt Harper represented the landlord, LASA Realty, LLC, in a 38-month retail lease at 7448 W. Glendale Ave., Glendale, AZ.

Matt Harper represented the landlord, MAZ Northern Plaza, LLC, in a 38-month retail lease at 5008 W. Northern Ave., Glendale, 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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NAI Horizon

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