NAI Horizon negotiates Ahwatukee land sale for self-storage facility
PHOENIX, ARIZONA (March 13, 2017): NAI Horizon Senior Vice President Denise Nunez represented the seller in a $1.8 million entitled land sale for the construction of a self-storage facility at Desert Foothills Parkway and Marketplace Way in Ahwatukee.
Nunez, with NAI Horizon’s National Self Storage Investment Group, represented Scottsdale-based 1784 Capital Holdings LLC.
“This parcel of land had been vacant for 32 years,” Nunez said. “A hidden gem, it will serve well as a community self-storage project that will benefit from the expansion of the 202 just south and the extension of Chandler Boulevard to the west of this location.”
In September, the Ahwatukee Foothills Village Planning Committee voted 9-1 to recommend a city planning commission approval of a self-storage facility to be built on the 2.38-acre piece of land. At the time, approval was given for a 104,000-square-foot facility to include three floors (one of them below ground).
The buyer, Moncap, LLC of Scottsdale, was represented by Matt Rinzler of Insight Land Investments.
About NAI Horizon
Established in 1992, NAI Horizon is a full-service commercial real estate brokerage and management firm serving Arizona through its offices in Phoenix and Tucson. In June 2015, NAI Horizon became one of the few broker-owned and operated full-service commercial real estate firms in Arizona.
Exceptional global commercial real estate solutions begin with local market leadership and expertise. 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 which provides real estate solutions worldwide.
For more information visit www.naihorizon.com.
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. 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. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific,
with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.
To learn more, visit www.naiglobal.com.
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