NAI Horizon negotiates long-term lease for Tempe HVAC contractor
PHOENIX, ARIZONA (December 13, 2016): NAI Horizon represented the landlord in a sublease and long-term lease for a Tempe HVAC contractor at 1888 E. Broadway Rd.
NAI Horizon negotiated a short-term, $177,000 sublease of the property, representing CEC of Farmers Branch, Texas.
NAI Horizon Senior Vice Presidents Isy Sonabend and Rick Foss then represented Tempe Partnership of Santa Monica, Calif., in the $1.423 million new lease of the 26,023-square-foot building for TDIndustries, Inc.
“TDIndustries, a $450 million, national, employee-owned company, chose this facility because it afforded them the space to handle all of their immediate and future growth,” said Foss, who also represented TDIndustries. “They chose the property in part because of the heavy office component and the enormous fenced, paved parking lot.”
TDIndustries will occupy the building upon the completion of tenant improvements. The building will serve as a regional headquarters and manufacturing and distribution facility.
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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