Retail Giant, Shopko, Coming to Arizona
PHOENIX, ARIZONA – 12/3/2015 – Shopko has entered into a 15-year lease, at Round Valley Plaza in Springerville, Arizona. Shopko will occupy 26,600 SF and join Safeway as a co-anchor at Round Valley Plaza. The leasing effort was spearheaded by Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon, a Phoenix based commercial real estate brokerage and management company, who represented the Landlord in the transaction.
Round Valley Plaza is located at the southwest corner of Mountain Avenue and Airport Road in Springerville, Arizona and is the largest retail property in the town of Springerville at nearly 82,000 SF of gross leasable area.
Shopko, founded in 1962, and headquartered in Green Bay, WI has 320 stores across the United States with annual sales that exceeded $3 billion in 2014. This will be Shopko’s first location in the state of Arizona and in the southwestern United States. The Shopko concept offers national brands and high value, private label brands of apparel, home furnishings, toys, electronics, and outdoor products for the home.
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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