Sales of Southeast Valley mobile home park, iconic Phoenix office building highlight recent deals by NAI Horizon professionals
PHOENIX, ARIZONA (July 29, 2019) – The $5.4 million sale of a long-standing mobile home park in Apache Junction and the $4.63 million sale of an iconic Phoenix office building highlight recent deals by NAI Horizon professionals.
Russ Warner, Andrew Warner & Victoria Filice negotiated the sale of a mobile home park, representing the seller, Christine G. Weech Testamentary Trust & Hyrum Newell Weech Testamentary Trust, for $5.4 million. The property is located at 1050 E. Broadway Ave., Apache Junction, AZ. The buyer was First American Exchange Company as Qualified Intermediary for White Sands MHC LLC.
Lane Neville and Logan Crum negotiated the sale of a 28,312 SF office building, representing the seller, Alva Pinchot, LLC, for $4.63 million. The property is located at 2944 N. 44th St., Phoenix, AZ. The buyer was Curran Properties, LLC.
Kevin Higgins represented the tenant, Phoenix Children’s Center, Ltd, in a 120-month lease for 4,217 SF at 1661 E. Camelback Road, Phoenix, AZ. The landlord, IPF, 1661 LLC, represented itself.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease for 2,000 SF at 21545 S. Ellsworth Loop Road, Queen Creek, AZ. The tenant, Shea Madison, LLC, represented itself.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, New Bell Tower, LLC, in a 62-month retail lease for 9,870 SF at 4925 W. Bell Road, Phoenix, AZ. The tenant, Lifetouch National School Studios, Inc., represented itself.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6ARP, LLC, in a 63-month retail lease for 3,974 SF at 18561 N. 59th Ave., Glendale, AZ. The tenant, JL Restaurant Group, LLC, was represented by Jeff Yager with Sage Property Management.
Isy Sonabend represented the tenant, Smalley and Company, in a 36-month industrial lease for 12,247 SF at 4250 S. 38th St., Phoenix, AZ. The landlord, Presson Broadway, LLC, was represented by David Bean with CPI.
Joan Krueger represented both tenant, Nationwide Waste Service and landlord, San Tan Irrigation District, in a 60-month office lease for 1,600 SF at 3798 E. Chandler Heights Road, Gilbert, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented both tenant, Modern Warriors Pro, LLC, and landlord, CP6MF, LLC in a 63-month retail lease for 1,200 SF at 1840 E. Warner Road, Tempe, AZ.
Troy Giammarco represented the landlord, Pisa Properties Sixteenth, LLC, in a 36-month office lease for 2,381 SF at 8765 W. Kelton Ln., Peoria, AZ. The tenant, Pediatric Partners, LLC, represented itself.
Kevin Higgins represented the landlord, Bogle Family Realty, LLLP, in a 48-month office lease for 1,401 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, G.A. Yeager & Associates, Inc, represented itself.
Thomas Bean, CCIM and Jay Mininberg, JD represented the tenant, Martin J. Berkley, PLLC, in a 39-month office lease for 1,082 SF at 1500 E. Bethany Home Rd., Phoenix, AZ. The landlord, Jamel Greenway, LLC, was represented by Adam Tolson and Mike Marsh with Lee & Associates.
Matt Harper, CCIM represented the landlord, SAJ Properties, LLC, in a 14-month retail lease for 1,310 SF at 15420 N. 67th Ave., Glendale, AZ. The tenant, Atomic Construction, LLC, represented itself.
Matt Harper, CCIM represented both tenant, Stepping Stone Adult Development Center, LLC, and landlord, Elmo Tari Trust in a 20-month retail lease for 944 SF at 12235 N. Cave Creek Road, Phoenix, AZ.
Matt Harper, CCIM represented the landlord, Grand Center Plaza, LLC, in a 13-month retail lease for 1,382 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, Madison Grey Photography, LLC, represented itself.
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 375+ offices worldwide. For more information visit www.naihorizon.com.
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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 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions thro
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