NAI Horizon closes 3 land sales totaling $30.09 million

Real Estate | 21 Oct |

Three land sales totaling $30.09 million and two office sales totaling $1.22 million highlight recent deals closed by NAI Horizon professionals. The land transactions include the sale of 148 acres in Surprise, Arizona, for $25 million to Tempe-based Carvana.


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Sale Transactions:

Isy Sonabend and Drew Eisen negotiated the sale of 148 acres representing the buyer, Carvana for $25 million. The property is located at the NEC of Litchfield and Cactus roads, Surprise, AZ. The seller, Surprise/Dysart Properties, LLC was represented by Tony Lydon with JLL.

Denise Nunez and Victoria Filice negotiated the sale of 1st Defense Self-Storage, a 73,273 NRSF facility representing the seller, Scottsdale-based MC Companies. The property is located at 3205 Rodd Field Road, Corpus Christi, TX.

Joan Krueger negotiated the sale of 62.39 acres representing the seller, Stephens Family Trust for $4.927 million. The property is located at Rooks Road and MC85, Buckeye, AZ. The buyer, AZ Land Consulting, was represented by Scott Truitt with Western Land Company.

Troy Giammarco and Joe Pequeno negotiated the sale of a 5,300 SF office building representing the seller, Dorothy Westfall for $620,000. The property is located at 9303 N. 7th St., Phoenix, AZ. The buyer, Robert Hernandez was represented by Werner Von Berries with HomeSmart.

Thomas Bean, CCIM and Matt Harper, CCIM negotiated the sale of a 3,330 SF office building representing the seller, Lynda B. Ukemenam Living Trust for $600,000. The

property is located at 5130 E. Thomas Road, Phoenix, AZ. The buyer, Project Arcadia, LLC was self-represented.

Christopher Lewis negotiated the sale of 0.55 acres representing the buyer, David Rosenberg for $93,000. The property is located at Apple Valley and Siskiyou roads in Apple Valley, California. The seller, Leonard Werbin was self-represented.

Lease Transactions:

Dylan Whitwer and Laurel Lewis represented the tenant, GeoTek Operations Limited in a 72-month office lease for 17,366 SF at 4050 E. Cotton Center Boulevard, Phoenix, AZ. The landlord, Koll Cotton Center, LLC was represented by Jackie Orcutt and Jonathan Teeter with CBRE.

Matt Harper, CCIM represented the landlord, MUFG Union Bank NA in a 124-month retail lease for 3,217 SF at 13681 N. Litchfield Road, Surprise, AZ. The tenant, The Boyer Bakery, LLC was represented by Larry Kramer with Realty One Group.

Thomas Bean, CCIM and Matt Harper, CCIM represented the tenant, Occupational Medicine for Business and Industry, Inc. in a 64-month medical office lease for 5,659 SF at 3033 W. Bell Road, Phoenix, AZ. The landlord, Paragon Properties Group, LLC was represented by Eric Ferber with Cutler Commercial.

Thomas Bean, CCIM represented the tenant, ReachOut Healthcare America, LTD in a 68-month office lease for 8,372 SF at 15458 N. 28th Ave., Phoenix, AZ. The landlord, Copper State Credit Union, was represented by George Howell with DBSI.

Matt Harper, CCIM represented the landlord, United Group, LLC in a 66-month retail lease for 2,700 SF at 709 W. Ray Road, Gilbert, AZ. The tenant, Arizona Fine Arts, LLC was represented by Jonvieve Bryant with Bryant Commercial Real Estate.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Raintree Retail Partners, LLC in a 64-month retail lease for 1,200 SF at 14884 N. Pima Road, Scottsdale, AZ. The tenant, Meheruddin Syed and Noorjaha Shaik was represented by Barry Light with Light Retail, LLC.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Raintree Retail Partners, LLC in a 63.5-month retail lease for 1,200 SF at 14884 N. Pima Road, Scottsdale, AZ. The tenant, Arizona Smokers, Inc. was self-represented.

Matt Harper, CCIM represented the landlord, Robert and Arlene Thatcher in a 25-month retail lease for 1,550 SF at 4742 W. Glendale Ave., Glendale, AZ. The tenant, Stephanie Munguia & Kevin Reyes was self-represented.

Matt Harper, CCIM represented the landlord, Cynergy, LLC in a 12-month retail lease for 1,350 SF at 1533 N. Alma School Road, Mesa, AZ. The tenant, Tanisha Chapman was self-represented.

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