Tag Archives: Perry Gabuzzi

JB's Restaurant in Goodyear, WEB

Sperry Van Ness reports recent summer transactions

RETAIL LEASES:
Mary Ridberg and Rommie Mojahed represented the landlord to lease 1,403 SF of retail space at Lakeview Village to a yogurt shop. Lakeview Village is located at 67 S. Higley Road in Gilbert. Tyson Breinholt represented the tenant in the transaction.

Judy Jones, Mary Ridberg and Rommie Mojahed represented the owner of a former JB’s Restaurant located at 310 N. Litchfield Road in Goodyear in the leasing of the 5,012 SF building to Eggs and More Restaurant. Chip Diamond of Diamond Properties represented the tenant.

Sparky’s Shack leased 2,000 SF of retail space at Fort Knox Center, located at 1932 E. University Drive in Tempe. Mary Ridberg and Rommie Mojahed represented the landlord in the lease transaction. Dan Noma of Venture REI, LLC represented the tenant.

Mary Ridberg and Rommie Mojahed represented Firehouse Subs to lease 1,832 SF at Plaza at Mountainside, located at 4025 E. Chandler Blvd., in Phoenix. Dan Lupien of Kimco represented the landlord.

Erin Schrauth, Peter McQuaid and Greg Vanlerberghe represented the landlord at Main Street Shops in Mesa to lease 1,800 SF to AZ Gold Depot. Main Street Shops is located at 6336 E. Main Street in Mesa.

Mary Ridberg and Rommie Mojahed represented JJ’s Restaurant Group to lease 3,663 SF of restaurant space at Chandler Sunset Plaza, located at 4910 W. Ray Road in Chandler. The restaurant will operate as Duke’s Tavern. Brad Balboa of GDCRE represented the landlord.

Talk A Lot Wireless leased 1,094 SF of retail space at 17220 N. 19th Place in Phoenix. Mary Ridberg and Rommie Mojahed represented both parties in the lease transaction. This center is now fully leased!

Barbara McKenney represented the landlord at Northsight Village III to lease 2,608 SF to Impact Ultimate Wellness. The retail center is located at 14880 N. Northsight Blvd. in Scottsdale.

Ryan Mojahed represented Copper State Construction to lease 3,106 SF of retail space at 7125 E. Southern Avenue in Mesa.

Judy Jones, Mary Ridberg and Rommie Mojahed represented the tenant, Anthem RV & Boats, in a lease purchase transaction of 7,921 SF of retail space at 10801 W. Grand Avenue in Sun City.

OFFICE LEASES:
Mary Ridberg and Rommie Mojahed represented the tenant, The Naegle Law Firm, PLC., to lease 2,681 SF at 3850 E. Baseline Road in Mesa.

Borg Property Services leased 630 SF of office space at Fiesta Crossing, located at 1660 S. Alma School Road in Mesa. Beau Flahart, Mary Ridberg and Rommie Mojahed represented both parties in the lease transaction. Also new to Fiesta Crossing, Excel Caregiver Training leased 646 SF of office space. Beau Flahart, Mary Ridberg and Rommie Mojahed represented both parties in the lease transaction.

Justin Horwitz represented the landlord at Warner Century Plaza to lease 2,219 SF of office space to Clear Title Agency. The office building is located at 2133 E. Warner Road in Tempe. Perry Gabuzzi represented the tenant.
Affinity Dental leased 4,058 SF of office space at 21321 E. Ocotillo in Queen Creek. Justin Horwitz and Nicole Ridberg represented the tenant.

OFFICE SALES:
Justin Horwitz, Nicole Ridberg and Neil Sherman represented the seller, Washington Federal Bank, in the sale of Pro One Plaza, located at 221 E. Indianola Avenue in Phoenix. The 14,000 SF freestanding building was purchased by an owner occupant, Garrison Bryan TI, LLC and Clifford L. Paul Living Trust for $825,000 and closed on May 23, 2014.

INDUSTRIAL LEASES:
TriStar Engineering Management leased 3,742 SF of industrial space at Palm Valley Business Park, located at 13765 W. Auto Drive in Goodyear. Michael Gaida represented the tenant.

Tempe St Lukes MOB, Plaza Cos, WEB

Plaza Cos. to lease Tempe St. Luke’s MOB

American Healthcare Investors has chosen Plaza Companies to provide leasing for its building adjacent to Tempe St. Luke’s Hospital. The Tempe St. Luke’s Medical Office Building, a 59,808-square-foot medical complex at 1492 S. Mill Avenue in Tempe near Arizona State University, supports the hospital and is in the heart of Tempe, with freeway access, restaurants and shopping nearby.

Tempe St. Luke’s Hospital is an 87-bed full-service hospital and a campus of St. Luke’s Medical Center. It offers a range of medical services to care for a diverse and dynamic community.

With healthcare as the single largest and fastest expanding sector of the U.S. gross domestic product, demand for services is growing at a record clip. In Tempe, the St. Luke’s Medical Office Building will help meet the increasing demand for healthcare.

Perry Gabuzzi, Vice President Brokerage Services Plaza Companies, called the new addition to Plaza’s leasing portfolio a terrific opportunity for Plaza to help the ownership group reach its goals with the property.

“We look forward to working with American Healthcare Investors on this exceptional property,” Gabuzzi said. “The goal, in helping serve Tempe and the Valley as a whole, is to find tenants who serve healthcare needs of the community and at the same time help the owners maximize the property’s potential. Our experience in this realm gives us confidence that we can do the same for the Tempe St. Luke’s Medical Office Building.”

Megan Sherwood, Executive Vice President Brokerage Services, Perry Gabuzzi, Vice President Brokerage Services, and Michelle Fischer, Leasing Associate, will handle the leasing of Tempe St. Luke’s Medical Office Building.

Estrella Health Center

Plaza Companies awarded leasing at Banner Estrella Health Center

The epicenter for healthcare in the West Valley is getting even bigger, and busier.

Plaza Companies has been selected to provide leasing services for a medical office property owned by Archway Holdings Corp. Plaza will lease Estrella Health Center, a 80KSF medical office building located at 9250 W. Thomas Road in Phoenix.

The Estrella Health Center is located across from the Banner Estrella Medical Center, a full-service, acute care hospital on a 50-acre medical campus. Banner Estrella employs more than 1,400 health care professionals and support staff, and a medical staff of more than 700 physicians who serve the growing West Valley communities of Avondale, Buckeye, Glendale, Goodyear, Litchfield Park, Peoria, Surprise, Tolleson and west Phoenix.

Megan Sherwood, Executive Vice President Brokerage Services, Perry Gabuzzi, Vice President Brokerage Services, and Michelle Fischer, Leasing Associate, will handle the leasing on both properties.

“We are very pleased to have been awarded the opportunity to work with Archway to attract new practices to the project,” said Sherwood. “This comes at an opportune time, with the Banner Estrella Medical Center undergoing a major expansion project. The addition of a new patient tower, an expanded emergency department and expanded surgical, obstetrical and medical imaging capacities will inevitably mean more activity at the Estrella Health Center.”

333 West Thomas

Toronto investor buys central Phoenix medical building

A central Phoenix building that is a home for crucial medical centers that help thousands of people get well each year has a new owner.

A Toronto-based private investor purchased the medical office building at 333 West Thomas Road, which is across the street from one of the largest hospitals in the state, St. Joseph’s Medical Center (home to the world-renowned Barrow’s Neurological Institute and the Muhammed Ali Parkinson Center).

The seller retained Aaron Kuhl, Plaza’s Senior Vice President of Brokerage Services, as the exclusive representative based on his extensive experience with the medical and investment communities in Arizona.

Plaza’s leasing team has been actively marketing the 333 West Thomas building to new tenants for the past two years, with Megan Sherwood and Perry Gabuzzi of Plaza bringing the building from 50% occupancy up to 94% occupancy at the time of closing.

The investor selected the Plaza Companies team to handle all leasing, property management and construction responsibilities at 333 West Thomas.

“It was a pleasure to work with seasoned investors and brokers on all aspects of this transaction,” said Aaron Kuhl, Senior Vice President-Brokerage Services for Plaza Companies.

“333 W. Thomas is a great value with an irreplaceable location that will continue to serve its physician tenants well into the future.”

The Buyer had previously enjoyed a long-term relationship with Plaza Companies at Venture Court in Anthem. And Plaza was already enjoying a great deal of leasing success, having elevated 333 West Thomas from 50 percent occupancy to the current 94 percent occupancy over the past couple of years.

The 21,517-square-foot property’s tenants include Express Urgent Care Center, Central Phoenix Family Medicine and Phoenix Neurology and Sleep Center and Arizona Spine Center. The building, constructed in the 1960s, underwent several significant interior and exterior capital improvements over the years, the most recent in 2011.

The building is another solid building block in the Phoenix metropolitan area’s medical sector. Its new ownership represents stability in a medical sector that is in flux, with major health care regulation changes and with the increasing needs of the aging Baby Boomer population. Medical service providers are able to better serve patients by congregating their offices in one area, and in this case across from a major hospital.

Sharon Harper, President and CEO of Plaza Companies, said that the existing Plaza leasing team at 333 West Thomas led by Megan Sherwood and Perry Gabuzzi will be retained by the new owner. Additionally, the services of the property management team led Plaza’s Dyanna Bentley, and the construction services team led by Jon Stelzer and Susan Byram, also have been retained by the new owner.