GPE Companies Reports $7.3M in Commercial Real Estate Deals for May 2012
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GPE Companies Reports $7.3M in Commercial Real Estate Deals for May 2012

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GPE Companies [<a href="http://www.gpe1.com?utm_source=deal-summary&utm_medium=press-release reports closing 18 commercial real estate transactions in the amount of $7.3M for 75,939 square feet in May 2012.

Sales — over 10,000-square-feet:

Phoenix, AZ – Reflection Key, LLC purchased 30,404 SF for $2,500,000 at Reflection Bay, 2932 North 14th St. Trisha A. Talbot, CCIM, Kathleen M. Morgan, CCIM, and Julie A. Johnson, CCIM, represented the seller.

Chandler, AZ – Chandler Professional Investments, LLC purchased 12,725 SF for $1,399,750 at Regency Park Chandler, 1475 West Chandler Boulevard. Nicholas A. Pelusio represented the seller.Sales — under 10,000-square-feet:

Mesa, AZ – Baseline Pain Management, LLC purchased 5,885 SF for $542,985 at Pierpont Commerce Center, 4860 East Baseline Road. Julie A. Johnson, CCIM, represented the buyer.
Sun City West, AZ – KM Properties #10, LLC purchased 1,880 SF for $130,000 at Camino Medical, 13629 West Camino Del Sol. Nicholas A. Pelusio and Kevin Helland, MBA, represented the seller.

Scottsdale, AZ – MCSIS, LLC purchased 1,179 SF for $119,079 at 8701 East Vista Bonita Drive. Tracey Galligan and Julie A. Johnson, CCIM, represented the buyer.

Additional Transactions of Note:

New Medical Office Leases

Mesa, AZ – A medical practice leased 2,871 SF at Perpont San Tan, 4135 South Power Road. Nicholas A. Pelusio and Kevin Helland, MBA, represented the tenant.

Gilbert, AZ –
A vein and vascular care practice leased 1,712 SF at Mercy Gilbert Medical Plaza, 3420 South Mercy Drive. Julie A. Johnson, CCIM, Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord. Kelley Ahrens of CBRE represented the tenant.

New Office Leases

Scottsdale, AZ –
An investment company with interests and operations in companies that develop medical devices leased 2,551 SF at Camelback Tower, 6900 East Camelback Road. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord.

Scottsdale, AZ – A real estate company leased 1,747 SF at Hayden Professional Park, 3200 North Hayden Road. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord.

Scottsdale, AZ – An event organizing company leased 739 SF at Camelback Tower, 6900 East Camelback Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

About GPE:
Established in 1973, GPE Commercial Advisors and GPE Management Services are the premier providers of award-winning, commercial real estate sales, leasing, property management and consulting solutions for business, office, medical, dental, retail and industrial properties in the Greater Phoenix Metropolitan area. 2012 Ranking Arizona ranks GPE Commercial Advisors as the Valley’s #1 commercial real estate company and GPE Management Services among the top ten property management companies. GPE has also been named a Top Leasing Firm by CoStar Power Broker Awards, and one of the Valley’s “Best Places to Work” by Phoenix Business Journal.

GPE Companies
2777 East Camelback Road, Suite 230
Phoenix, Arizona 85016
480-994-8155 | www.GPE1.com

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Founded in 1973, GPE Commercial Advisors and GPE Management Services provide award-winning commercial real estate sales, leasing, property management and consulting solutions for business, office, medical, dental, retail and industrial properties in the Greater Phoenix Metropolitan area. 2011 Ranking Arizona ranks GPE Commercial Advisors as the Valley's #1 commercial real estate company and GPE Management Services among the top ten property management companies. GPE has also been named a Top Leasing Firm by CoStar Power Broker Awards, and one of the Valley's "Best Places to Work" by Phoenix Business Journal. www.gpe1.com

Contact:

Phone: 480-423-7930

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