Sale Transactions:
Brad Ranly negotiated the sale of 17.96 acres of land, representing the buyer, Arizona Growth Properties, LLC, for $3,326,421.45. The property is located west of the NWC of Hawes Road and Ray Road in Mesa, AZ. The seller was Gateway Exit, LLC.
Mark Wilcke negotiated the sale of 2.02 acres of land, representing the seller, Chamberlain Holdings, LLC, for $373,524. The property is located at 138 W. Chilton Drive in Chandler, AZ. Bill Williams with Touchstone Realty, LLC represented the buyer, North Congregation of Jehovah’s Witnesses.
Jeff Adams negotiated the sale of a 6,000 SF industrial property, representing the seller, 1818 Grand Avenue, LLC, by Olive Tree Properties, LLC, its Manager, for $255,000. The property is located at 1818 and 1820 West Grand Avenue in Phoenix, AZ. Keith Wollaver with Realty One Group represented the buyer, Pirate Grip and Electric, LLC.
John Filli negotiated the sale of a 1,737 SF industrial property, representing the seller, Joseph Walter & Audrey Elenes Kramer Trust, for $152,900. The property is located at 9170 East Bahia Drive, Unit 108 in Scottsdale, AZ. Stephen Weiss with Sovereign Real Estate Investments, LLC represented the buyer, S & L King, LLC.
Lease Transactions:
Chris Gerow, Shelby Tworek, and Gabe Ortega represented the landlord, Aiello Enterprises, Inc., in a 60 month retail sublease transaction for a 2,891 SF space at 9845 S. Priest Drive in Tempe, AZ.
Chris Gerow, Shelby Tworek, and Gabe Ortega represented the landlord, CP6SP LLC, in a 68 month retail lease transaction for a 2,345 SF space at 1628 E. Southern Avenue in Tempe, AZ.
Isy Sonabend represented the tenant, Liquid Web, in a 26 month office lease renewal transaction for a 2,642 SF space at 7025 N. Scottsdale Road in Scottsdale, AZ. Jim Achen with TransWestern represented the landlord, 7025 Owner Corp c/o Wilson Property Services, Receiver.
Peggy Johnson represented the landlord, BALJJ Holdings I, LLC, in a 3 year office lease transaction for a 2,849 SF space at 6615 N. Scottsdale Road in Scottsdale, AZ. Chad Dearmore with Commercial Properties represented the tenant, Open Road Transportation, Inc.
Mike Myrick and Alexandra Loye represented the landlord, C-III, in a 62 month medical lease renewal transaction for a 1,099 SF space at 16620 N. 40th Street in Phoenix, AZ. Murray Garres with Ensemble Real Estate Solutions represented the tenant, Christi S. Bourne, M.D.
Peggy Johnson represented the tenant, R.M. Meyers & Associates, in a 5 year office lease renewal transaction for a 697 SF space at 13951 N. Scottsdale Road in Scottsdale, AZ.
Peggy Johnson represented the landlord, Alice Avenue, LLC, in a 3 year office lease renewal transaction for a 678 SF space at 1130 E. Missouri Avenue in Phoenix, AZ. Jim Sweenie with Highland Commercial Properties represented the tenant, W.F. Behrens P.C.
Peggy Johnson represented the landlord, Salvatore Vitelli, in a 26 month retail lease transaction for a 780 SF space at 7130 E. Mercer Lane in Scottsdale, AZ.