5125 & 5151 N. 16th Street in Phoenix

NAI Horizon Recent Sales and Lease Transactions

 

NAI Horizon recent transactions:

Sales: 

Lane Neville, Barbara Lloyd, Hunter Null, Brad Ranly and Thomas Bean negotiated the sale of a 63,980 SF office property, representing the seller C-III Asset Management, for $3,750,000. The property is located at 5125 & 5151 N. 16th Street in Phoenix, Arizona.

>> Patrick Sheehan and Tom Young negotiated the sale of a 40,000 SF industrial property, representing the seller Western Organics, Inc., for $1.5M. The property is at 775 S. 51st Ave. in Phoenix. Joe Carroll with Resource One represented the buyer, Copart of Arizona, Inc.

>> Mike Myrick and Alexandra Loye negotiated the sale of a 12,034 SF office property, representing the seller BGS Investments, LLC., for $1.383M. The property is at 3170 S. Gilbert Rd. Building 9, Units 120-123 in Chandler. Tanner Milne with Menlo Group Commercial Real Estate represented the buyer, Cambridge Plaza, LLC.

>> Mark Wilcke represented Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-Day Saints, in the acquisition of 6 acres of land, for $1.14M. The property is at 19843 S. Power Rd. in Queen Creek. The seller was LeSueur Investments VI, LLC & Eloy 660, LLC.

>> Stacie Harrison represented ABRAW, LLC., in the acquisition of a 4,360 SF retail property, for $290,000. The property is at 2439-2445 E. Thomas Rd. in Phoenix. Sharon Reeves and Rick Foss with NAI Horizon represented the seller, Bailey Plaza, LLC.

Leases:

>> Jeff Adams represented the tenant, KnJCoury, Inc., in a 65-month industrial leasefor a 10,310 SF space at 1050 N. El Mirage Rd. in Avondale. Justin LeMar, Mike Gilbert, and Gary Anderson with Cassidy Turley represented the landlord 1050 North El Mirage Road-Avondale LLC.

>> Mike Myrick and Alexandra Loye represented both the landlord, Kyrene Office Suites, LLC., and the tenant, EnCore Consulting, LLC., in a 27-month office lease for a 1,318 SF space at 605 W. Knox Rd. in Tempe.

>> Peggy Johnson represented the landlord, Alice Avenue, LLC., in a 3-year office lease for a 429 SF space at 1130 E. Missouri Ave. in Phoenix.

 

 

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