Press Release brought to you by NAI Horizon

Sale of retail building and 1.89 acres of land, long-term lease for furniture distributor highlight recent deals by NAI Horizon

06/24/2019

     PHOENIX, ARIZONA (June 24, 2019) – A pair of sales involving a retail building and 1.89 acres of land and the long-term lease for a furniture distributor highlight transactions recently closed by NAI Horizon professionals.

Sale Transactions:

Sharon Reeves negotiated the sale of a retail building, representing the seller, Vertical Bridge, LLC, for $475,000. The property is located at 7318 W. Indian School Road, Phoenix, AZ. The buyer, Roberto Hernandez, was represented by Russ Lyon Sotheby’s.

Mark Wilcke negotiated the sale of 1.89 acres of vacant land, representing the seller, WINCO, LLC, for $310,000. The property is located at 15675 & 15689 W. Elwood St., Goodyear, AZ. The buyer, ECBP AZ, LLC, was represented by Tarja Panfil with West USA Realty, Inc.

Lease Transactions:

Isy Sonabend represented the tenant, International Furniture Direct, in an 81-month lease for 48,000 SF at 9310 W. Buckeye Rd., Tolleson, AZ. Steve Bodeman with Daum Commercial, represented the landlord, First Industrial.

Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, Queen Creek Fiesta, LLC, in a 120-month retail lease for 3,000 SF at 21545 S. Ellsworth Loop Road, Queen Creek, AZ. Marty Olejarczyk with GPS Advisors represented the tenant, SCFoust, LLC.

Stan Matzinger and Thomas Bean, CCIM, represented the tenant, Congresswoman Debbie Lesko, in a 15-month lease for 2,793 SF at 12515 W. Bell Road, Surprise, AZ. The landlord, 12515 LLC, was represented by Bonnie C. Halley, CCIM, with Colliers International.

Laurel Lewis and Dylan Whitwer represented the landlord, Prolific Business Solutions, LLC, in a 21-month office sublease for 2,015 SF at 11111 N. Scottsdale Road, Scottsdale, AZ. The tenant, Nicole D. Stoutner, PLLC and Steven N. Cole, LLC, was represented by Claudia Lucaire with Realty One Group.

Laurel Lewis represented the tenant, Craig Penrod, in a 12-month renewal lease for 1,885 SF at 301 W. Warner Road, Tempe, AZ.

Matt Harper, CCIM, represented the tenant, John M. Hilland Insurance Agency, Inc., in a 38-month office lease for 850 SF at 4545 E. Southern Ave., Mesa, AZ. The landlord, The Killian Company, was represented by Jeff Sorenson with Sunny Mesa Realty.

Matt Harper, CCIM, represented the landlord, Grand Center Plaza, LLC, in a 36-month retail lease for 1,107 SF at 11001 N. 99th Ave., Peoria, AZ. The tenant, SVP Sewing Brands, LLC, represented itself.

Matt Harper, CCIM, represented the landlord, SAJ Properties, LLC, in a 26-month retail lease for 900 SF at 15420 N. 67th Ave., Glendale, AZ. The tenant, Seamless Hair Reflections Studio, LLC, represented itself.

Matt Harper, CCIM, represented the landlord, Arizona MSK, LLC, in a 14-month retail lease for 1,000 SF at 5270 N. 59th Ave., Glendale, AZ. The tenant, Raspados Y Antojitos JCS, LLC, represented itself.

Matt Harper, CCIM, represented the landlord, Puchhi, Inc., in a 12-month renewal lease for 1,020 SF at 9501 W. Peoria Ave., Peoria, AZ. The tenant, The Greenline Enterprises Brokerage, Inc., 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 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.  

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