nai horizon Archives

NAI Horizon negotiates $1.92M Chandler land sale

by in AZRE Magazine

NAI Horizon Senior Vice President Rick Foss represented the seller in a $1.92 million entitled land sale of 3.35 acres at the SWC of Price Road and Spectrum Boulevard in Chandler, Ariz.     Foss represented businesswoman Chong Cho of Chandler in the disposition of the land that she had purchased more than 10 years… Read More →

NAI offices negotiate $9.675M purchase of retail properties

by in AZRE Magazine

The NAI Puget Sound Properties and NAI Horizon Investment Sales teams of Senior Vice Presidents Wyk Parker, Lane Neville, and Barbara Lloyd represented the buyer in the $9.675 million acquisition of two retail buildings at Litchfield Marketplace.      The new retail property is anchored by Fry’s Marketplace and Ace Hardware. The anchored center is… Read More →

Self-storage market in the Valley heats up

Goodyear Self storage
by in AZRE Magazine

Its stability and reliability since the Great Recession has made the self-storage market popular among developers and buyers in Arizona. There are approximately 950 self-storage facilities in the state, according to the Arizona Self-Storage Association, with about 500 in the Valley alone, and over 50 in the development pipeline. Dave King, vice president of self-storage… Read More →

NAI Horizon hires Michael Gaida to bolster business brokerage

ABI Multifamily
by in AZRE Magazine | Blogs | Brokerage

NAI Horizon announced that Michael Gaida has joined the company as an associate to help grow and maintain business brokerage initiatives. His primary areas of responsibility will be business brokerage and retail and industrial leasing and brokerage. Past businesses sold have been in the industrial, manufacturing, commercial development, restaurant and services industries. Gaida represents sellers… Read More →

2.38 acres in Ahwatukee sell for $1.8M

Ahwatukee land
by in AZRE Magazine | Site Selection

A 2.38-acre parcel of land in Ahwatukee was sold for $1.8 million for the construction of a self-storage facility at Desert Foothills Parkway and Marketplace Way, according to NAI Horizon, which worked on the deal. NAI Horizon Senior Vice President Denise Nunez represented the land seller, Scottsdale-based 1784 Capital Holdings LLC in the deal. Scottsdale-based Moncap… Read More →

NAI Horizon’s 2016 Top 10 sets the tone for 2017

by in AZRE Magazine | Newsmakers

NAI Horizon’s 2016 Top 10 Producers are highlighted by a diverse group of brokers whose transactions totaled more than $275 million representing multiple property types. The broad range of product type represented in NAI Horizon’s Top 10 is indicative of the overall health of the Valley’s commercial real estate industry.  The collective success of NAI… Read More →

NAI Horizon promotes two to associate

NAI Horizon
by in AZRE Magazine

Commercial real estate services firm NAI Horizon promoted Patrick Anthon and Nathan Pancrazi to associate. Anthon joined NAI Horizon as an intern in NAI’s Tucson office in 2014. After graduating from the University of Arizona, he moved to Phoenix and became a member of the Retail Properties Group. He specializes in landlord/tenant representation; retail/restaurant leasing… Read More →

NAI Horizon promotes Gabe Ortega to senior vice president

Gabe Ortega
by in AZRE Magazine

NAI Horizon promoted a member of its retail division, Gabe Ortega, to Senior Vice President. Ortega joined NAI Horizon in 2001. His expertise includes retail/restaurant leasing; and retail/restaurant property acquisition and disposition. Ortega is an active member in the International Council of Shopping Centers (ICSC) and was ICSC Phoenix Next Generation Program Planning Committee Chair from… Read More →

NAI Horizon negotiates $2.723M Planet Fitness lease

by in AZRE Magazine | Brokerage

NAI Horizon negotiated a long-term lease for a Planet Fitness at 1625 W. Camelback Rd., in Phoenix. The NAI retail properties team of Senior Vice President Chris Gerow, Senior Vice President Shelby Tworek, Vice President Gabe Ortega and Associate Patrick Anthon represented the tenant, JEF-FIT 17th Ave. & Camelback LLC of Philadelphia in the transaction… Read More →

First Electronics moves into 35,000 SF manufacturing facility

First Electronics
by in AZRE Magazine | Industrial

To accommodate its recent growth, a local custom electronics manufacturer has taken occupancy in a high-end, build-to-suit facility that is three times its current location. NAI Horizon Senior Vice President Rick Foss represented the buyer in the $3.54 million purchase of a 35,100-square-foot manufacturing building at 150 E. Chilton Dr. in Chandler, Ariz. Tempe-based 7Chilton LLC… Read More →

Offices near 16th Street and Glendale Avenue sell for $11.4M

by in AZRE Magazine

Pointe Business Plaza, a 103,672-square-foot multi-tenant office building near 16th Street and Glendale Avenue, was purchased by Bogle Family Realty LLLP for $11.4 million. The office building was 90 percent occupied at the time of the sale. The Burton Family Foundation sold the building to Bogle Family Realty. The office building is located less than one mile… Read More →

NAI Horizon promotes Rick Foss to senior vice president

Rick Foss
by in AZRE Magazine

NAI Horizon promoted Rick Foss, who represents sellers, buyers, tenants and landlords, to senior vice president. Foss joined NAI Horizon in 2010 and possesses 17 years of commercial real estate experience in Arizona. He has experience in negotiating industrial land for speculative development. Foss has successfully provided advisory and consultative services to local business owners seeking a… Read More →

Audio visual company relocates to Chandler

audio visual company

Marx Productions Inc., an audio visual company that specializes in planning conventions, concerts, large meetings and special events, is relocating its operations from Phoenix to Chandler after the purchase of a building near the Stellar Airpark. Marx Productions Inc. recently purchased a 27,000 square foot building adjacent to Stellar Airpark and the Loop 202 Santan Freeway at 4151 W. Lindbergh Way… Read More →

10 Millennial leaders in commercial real estate

Millennial leaders
by in AZRE Magazine

Entitled. Narcissistic. Detached. If this were a game of Jeopardy! your response might be: What are the three most common words used to describe the Millennial generation? That doesn’t paint a pretty picture considering Millennials are now the nation’s largest living generation. Yet with every raincloud, there is a silver lining. In this case, they… Read More →