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Recent NAI Horizon Sale Transactions and Lease Transactions

NAI Horizon Sale Transactions:

>> David Cravath negotiated the sale of a piece of land at 37622 N. Cave Creek Rd. in Cave Creek for Breckner, LLC. The buyer, McRae Group of Companies paid $1.37M for the 80 acres of multi-family zoned land in Hidden Canyon.

>> Sharon Reeves negotiated the sale of a 11,711 SF retail building representing the seller, Bayview Loan Servicing, LLC., for $370,000. The property is at 1346 W. Roosevelt in Phoenix. Blair Ballin with Hunt ERA Real Estate represented the buyer, 9001 Turney Investments, LLC.

NAI Horizon Lease Transactions:

>> Peggy Johnson represented the landlord, Your Source Financial, in a 39-month office sublease for a 6,192 SF property at 7150 E. Camelback Rd. in Scottsdale (above photo). Steve Whitehead with Lee & Associates represented the tenant, Design Work Studios.

>> Chris Gerow, Shelby Tworek, and Gabe Ortega represented the tenant, Primp and Blow Phoenix, LLC., in a 5-year retail lease for a 1,200 SF property at 2131 E. Camelback Rd. in Phoenix.

>> Laurel Lewis represented the tenant, Delta T Group, in a 51-month renewal lease for a 2,500 SF property at 7500 N. Dreamy Draw Dr. in Phoenix.

 

Peggy Johnson represented the landlord, First & Pierce, LLC., in a 37 month lease transaction for a 1,665 SF property at 7119 E. Sahuaro Drive in Scottsdale, AZ.

 

Peggy Johnson represented the Landlord, Silverbell Plaza LLC., in a 36 month lease transaction for a 550 SF property at 10636 N. 71st Way in Scottsdale, AZ.

 

 

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Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.