NAI Horizon negotiates $1.317M long-term lease renewal at Phoenix office building for pediatrician group
PHOENIX, ARIZONA (July 24, 2019) – NAI Horizon represented the tenant, Phoenix Children’s Center, Ltd., in a long-term lease renewal at Camelback Arboleda located at 1661 E. Camelback Road, in Phoenix.
NAI Horizon Vice President Kevin Higgins negotiated the $1.317 million lease totaling 4,215 SF.
“The pediatric group has occupied space in the building since 2009,” Higgins said. “The landlord, Fenway Capital Advisors, recently started a major building renovation and the tenant is excited to continue to serve its patients in this centrally-located gem.”
Built in 1982, Camelback Arboleda totals almost 180,000 SF. It is located in the desirable Camelback Corridor with easy access to the SR-51 and is supported by more than 2 million square feet of retail amenities within a 2-mile radius.
Fenway Capital Advisors, based out of Solana Beach, California, has been an active owner of office properties throughout Maricopa County over the past 15 years.
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
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
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
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.