NAI Horizon completed five sales and 14 lease transactions in the month of December, including a self-storage facility, which went for $14 million, the third largest recorded sale for a self-storage facility in Arizona.
Sale Transactions
Denise Nunez negotiated the sale of a 112,530-square-foot self-storage property, representing both the buyer, a national REIT, and the seller, Circle G Property Development, for $14 million. The property is located at 5750 S. Power Rd., Gilbert, AZ.
Jeff Adams negotiated the sale of a 26,199-square-foot industrial property, representing the buyer, Marx Properties LLC, for $2.456 million. The property is located at 4151 W. Lindbergh Way, Chandler, AZ. Justin Carlson with JR Carlson Company represented the seller, Coliman Pacific Corp.
Laurel Lewis negotiated the sale of a 6,725-square-foot office property, representing the buyer, Rural Road Associates LLC, for $1 million. The property is located at 398 S. Arizona Ave., Chandler, AZ. Ninos Lazar with Investar Real Estate Specialist represented the seller, C.J.S. of Arizona, LLC.
Sharon Reeves negotiated the sale of a 3,065-square-foot retail property, representing the seller, Circle K Stores Inc., for $875,000. The property is located at 8749 S. Rural Rd., Scottsdale, AZ. Matt Schrauth with Omni American LLC represented the buyer, Tempe Public Market, LLC.
Tom Bean, Ed Toschik and Stan Matzinger negotiated the sale of a 1,676-square-foot office property, representing the seller, Harvey Desert Foothills LLC, for $55,308. The property is located at 1345 E. Chandler Blvd., Bldg. 2 Unit 109, Phoenix, AZ. Stacie Harrison with CBRE represented the buyer, Cailyn & Colin Ventures, LLC.
Lease Transactions:
Isy Sonabend and Rick Foss represented the landlord, Tempe Partnership, in a 108-month industrial lease for 26,023 square feet at 1888 E. Broadway Rd., Tempe, AZ. Rick Foss with NAI Horizon represented the tenant, TDIndustries, Inc.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Breaking Eggs Café LLC, in a 126-month retail lease for 2,225 square feet at 6663 E. McDowell Rd., Mesa, AZ. Chris Corso with DeRito Partners Inc. represented the landlord, Superstition Promenade LLC.
Laurel Lewis represented the tenant, Southwest Behavioral Health, in a 51-month office lease with 1255 Baseline LLC for 8,825 square feet at 1255 W. Baseline Rd., Mesa, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented both the tenant and landlord, Ken’s Nails, in a 126-month retail lease with CP6MF LLC for 2,100 square feet at 1840 E. Warner Rd., Tempe, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the tenant, Breaking Eggs Catering, in a 120-month retail lease for 1,657 square feet at 6655 E. McDowell Rd., Mesa, AZ. Chris Corso with DeRito Partners Inc. represented the landlord, Superstition Promenade LLC.
Laurel Lewis represented the tenant, Financial Services, in a 60-month office lease with Mesa Financial Plaza LLC for 2,770 square feet at 1201 S. Alma School Rd., Mesa, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6SW LLC, in a 64-month retail lease for 2,210 square feet at 1949 W. Ray Rd., Chandler, AZ. Randy Shell with Shell Commercial represented the tenant, SoHo Hair Bar.
Isy Sonabend and Rick Foss represented the landlord, CEC, in a 13-month industrial lease for 26,023 square feet at 1888 E. Broadway Rd., Tempe, AZ. Rick Foss and Tom Praiedes with Commercial Plus Group represented the tenant, TDIndustries.
Tom Bean and Stan Matzinger represented the tenant, Arizona Correctional Peace Officers Association Inc., in a 64-month office lease for 1,603 square feet at 1144 E. McDowell Rd,, Phoenix, AZ. Philip Wurth with Colliers International represented the landlord, Okanagan Park Holdings LLC.
Sharon Reeves represented the landlord, Norma Jane Clarke Trust, in a 26-month retail lease with The Lost and Found Resale LLC for 2,888 square feet at 7114 E. Sahuaro Dr., Scottsdale, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6MF LLC, in a 60-month retail lease with Verizon Wireless LLC for 418 square feet at 1830 E. Warner Rd., Tempe, AZ.
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon represented the landlord, CP6GC LLC, in a 60-month retail lease for 1,200 square feet at 9021 N. 51st Ave., Glendale, AZ. Jerry Robers with Triple Net America LLC represented the tenant, Avalon Massage.
Tom Bean represented both landlord and tenant, MFPI LLC, in a 48-month office lease with Marc Business Forms Inc. for 905 square feet at 1940 E. Thunderbird Rd., Phoenix, AZ.
Tom Bean represented both landlord and tenant, MFPI LLC, in a 24-month office lease with Paul G. Severs PC for 616 square feet at 1940 E. Thunderbird Rd., Phoenix, AZ.
