NAI Horizon negotiates long-term lease for Surprise Planet Fitness
PHOENIX, ARIZONA (October 23, 2017): NAI Horizon negotiated a long-term lease for Planet Fitness at 15569 W. Bell Rd., in Surprise, Arizona. Prior to this deal, NAI Horizon has recently negotiated long-term leases totaling more than $15 million for Planet Fitness locations in Tempe, Phoenix, Goodyear, and Peoria.
The NAI retail properties team of Senior Vice Presidents Chris Gerow, Shelby Tworek, Gabe Ortega, and Associate Patrick Anthon represented the tenant, Planet Fitness, in the Surprise transaction totaling $2.8 million.
“This transaction has been two years in the making as the property has gone through receivership and multiple owners,” Tworek said. “Planet Fitness has analyzed the demographic profile of Surprise and is excited to expand into that market and capitalize on a good piece of real estate.”
The new Surprise Planet Fitness location will take up 27,059 square feet at the intersection of Bell and Reems roads. The landlord, 15601 Bell Road, LLC, of Scottsdale, Arizona, was represented by Brian Gast of Velocity Retail Group.
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.