Tag Archives: Ace Hardware

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De Rito Partners announce recent commercial transactions

Jamba Juice joins Shops at Norterra
Jamba Juice finalized a deal to add a new location in North Phoenix, at the northwest corner of Happy Valley Road and Norterra Parkway. John Palmieri represented the tenant in completing the lease of the 1,057-square-foot space.

Sonoran Cycles joins new mixed-use development in Surprise
Sonoran Cycles signed a lease to join the shops at WM Grace’s new mixed-use development at the southeast corner of Loop 303 and Bell Road in Surprise. Chris Corso and Paul Serafin represented the landlord in completing the deal for 1,460 square feet.

Guitar Tommy opens new location in Chandler
Guitar Tommy completed the lease of a 1,659-square-foot space just north of the northeast corner of McQueen Road and Ray Road in Chandler. Carl Jones, Jr. and Gordon Heckaman represented the landlord in completing the transaction.

Ace Hardware adds another Valley location
Ace Hardware finalized a transaction to open another Valley location, this one at the northwest corner of 32nd Street and Shea Boulevard in Phoenix. Marty Olejarczyk represented the tenant in completing the lease of the 11,400-square-foot space.

Rita’s Italian Ice joins The Pavilions at Talking Stick
Rita’s Ice Custard signed a lease to take a 976-square-foot space at The Pavilions at Talking Stick in Scottsdale. Gordon Heckaman and Carl Jones, Jr. represented The Pavilions in completing the transaction.

State Farm agency relocates in Queen Creek
A State Farm office completed a deal to relocate to the northwest corner of Hunt Highway and Copper Mine Road in Queen Creek. Stan Sanchez and Paul Serafin represented the landlord in completing the lease of the 1,500-square-foot space.

Arizona Dentistry opens new office in Phoenix
Arizona Dentistry finalized a lease to open a new office at Squaw Peak Promenade at the northwest corner of 16th Street and Bell Road. Steve Bonnell and Chris Corso represented the landlord in completing the deal for 1,456 square feet.

Spirit Halloween plans temporary store in Peoria
Spirit Halloween signed a deal to open a temporary location at the southwest corner of 77th Avenue and Bell Road, across from Arrowhead Mall in Peoria. Mike Kumelski and Paul Serafin represented the landlord in completing the lease of 25,336 square feet.

Insurance agency adds fourth Valley location
Above All Insurance Agency finalized a lease to open their fourth Valley location, this one at the northwest corner of Meridian Road and Apache Trail in Apache Junction. Gordon Heckaman and Matt Morrell represented the tenant in leasing the 1,050-square-foot space.

Bed Bath & Beyond signs short-term lease in Tucson
Bed Bath & Beyond signed a short-term lease of a 28,250-square-foot former Bally’s space at the northwest corner of Grant Road and Swan Road in Tucson. Mike Kumelski and Paul Serafin represented the landlord in completing the transaction.

Wine bar and bistro joins Gilbert Town Square
Seven50ml finalized a deal to open a wine and bistro shop at Gilbert Town Square, located just south of the southwest corner of Gilbert Road and Warner Road. Carl Jones, Jr. represented the landlord in completing the lease for 4,440 square feet.

Neurology company purchases parcel in Gilbert
Dacvim-Neurology Companies purchased approximately a one-half acre site near the intersection of Gilbert Road and Olive Avenue with plans to build a new veterinarian hospital. John Palmieri represented the buyer in completing the sale.

Tortilla company opens first location in Mesa
Tortillas de Harina Linda signed a lease to open a location at the northeast corner of 6th Street and Country Club Drive in Mesa. Stan Sanchez represented the landlord in completing the lease of the 3,300-square-foot space.

DC Ranch Crossing welcomes Gawley Skin Care
Dr. Bryan Gawley and his MD Skin Lounge completed a deal to open a second location at the southeast corner of Pima Road and Union Hills Drive in Scottsdale. John Palmieri and Paul Serafin represented the landlord in completing a lease for 2,420 square feet.

Century Link added new Phoenix location
Century Link will add a new retail location across from Paradise Valley Mall at the southwest corner of Cactus Road and Tatum Boulevard in Phoenix. Paul Serafin represented the tenant in completing a lease for 1,300 square feet.

DesertFoothillsPlaza

Ace Hardware to open new Ahwatukee location

Cassidy Turley announced it has completed a 15,000 square foot lease for Ace Hardware, at Desert Foothills Plaza located at 1323 East Chandler Boulevard in Phoenix.

Vice President Brent Mallonee of Cassidy Turley’s retail group represented Ace Hardware in the lease transaction. The landlord, Phoenix-based Foothills Plaza LLC was self-represented. Mallonee has been appointed to handle leasing on the remainder of the available space.

“This was a great transaction to be a part of, and it became a full circle deal. I met the tenant through a separate landlord represented deal we completed a few years back and was engaged to work with Ace Hardware on the Ahwatukee Foothills location. The transactions lead to a new listing with Desert Foothills Plaza. When we deliver service on a transaction that generates business for the future, we’re doing something right.” said Mr. Mallonee.

Desert Foothills Plaza is retail neighborhood center in the heart of the Ahwatukee Foothills, a young family, high income submarket of the southeast valley. The project currently includes a Bank of America, Big O Tires, Chase Bank, Grease Monkey and Walgreens. The area is surrounded by residential, golf courses, recreation parks and has easy access to Pecos Road a frontage road to the South Loop 202. The South Loop 202 extension is planned to run along Pecos Road.