An outstanding week of sale and lease transactions at Sperry Van Ness, LLC reaches almost $7,000,000 in total deal value. Directors of Leasing, Mary Ridberg and Rommie Mojahed continue to excel in this industry by selling the Chandler Heights Marketplace for $5,425,000; an upcoming upscale retail shopping center in Chandler, along with a 4,800 square-foot lease at Riggs Landing for a new pet resort. In addition, the Director of Office Sales & Leasing, Justin Horwitz closed $1.1 million in total sale and leases all over the valley, including Texas.

SALE

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Mary Ridberg

Town West Realty, Inc. has purchased the Shoppes at Chandler Heights from Jim Zomorrodi with Real Estate Opportunity Fund of Arizona, LLC in the amount of $5,425,000. The 74,000 plus square-foot soon-to-be- upscale marketplace is located on the NEC of Arizona Ave. & Chandler Heights in Chandler, AZ. The Directors of Leasing, Mary Ridberg and Rommie Mojahed with Sperry Van Ness, LLC in Phoenix represented the seller and Shiela Hunter with First American Title finalized the transaction.

Reem and Gateway has purchased office space from Tower DBW REO, based out of New Jersey for $102,830.00. The 1,464 square-foot office is located at 15539 N. Reems Rd. in Surprise, AZ. The seller was represented by Justin Horwitz and Nicole Ridberg with Sperry Van Ness, LLC. in Phoenix. Matt Widdows represented the buyer and the transaction was handled by Sandy Zerzanek with Security Title.

Jacob Long with John F. Long Family Revocable Ling Trust has purchased land for $535,000 from David Haaslo with Haaslo Asset Management, LLC. The buyer was represented by Justin Horwitz and Paul Borgesen III of Sperry Van Ness, LLC. The sale transaction was handled by Rich Newton with Stewart Title.

LEASES

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Rommie Mojahed

Justin Horwitz with Sperry Van Ness, LLC in Phoenix worked with David Dunn at Sperry Van Ness Dunn Commercial in Carrollton, Texas to lease 2,374 square-feet to Dan Brauning, with Ideal Physical Therapy of Texas, LLC. The office is located at 4100 Fairway Ct. in Carrollton, Texas.

Jonathan Levy has leased 127 square-feet to an independent skin care company in the Executive Villas at Dana Point. The office is located at 3303 E. Baseline Rd. in Gilbert, AZ. The landlord, Arizona Commercial Investors, LLC. was represented by Sperry Van Ness, LLC in Phoenix. in addition, Levy has also leased another suite in the same office building to Jerome Caywood with DoMyResume.NET.

Jonathan Levy co-brokered the recent lease of 622 square-feet to an automotive processing company at 8607 N. 59th Ave. The landlord, NCC Glendale, LLC was represented by Sperry Van Ness, LLC and the tenant was represented by Jay Visconti with Northwood Properties, LLC.

Justin Horwitz has leased 2,537 square-feet for a rehabilitation office located at 5120 S. Rural Rd. in Tempe, AZ. The tenant was represented by Sperry Van Ness, LLC in the transaction. The landlord was represented by Kimco Realty Corp. in New York.

Justin Horwitz and Jonathan Levy has leased 1,467 square-feet to US Energy, LLC., located at 8611 N. Black Canyon Hwy, AZ. The landlord, Danmat Investment, LLC was represented by Sperry Van Ness, LLC. in Phoenix.

Mary Ridberg and Rommie Mojahed has leased 4,800 square-feet for a pet resort at Riggs Landing. The property is located at 930 E. Riggs Road in Chandler, AZ. The landlord, Riggs Road Retail, LLC was represented by Sperry Van Ness, LLC in Phoenix, AZ.

Justin Horwitz co-brokered the recent lease of 1,309 square-feet to LPGA. The office is located at Ventura Gateway at 8687 E. Via De Ventura in Scottsdale, AZ. The landlord, Ventura Management, LLC was represented by Sperry Van Ness, LLC in Phoenix.