Recent Transactions 03 23 2012

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Phoenix, AZ – March 27, 2012 – (RealEstateRama)

Sale Transactions:

Chad Neppl and Jeff Hays negotiated the sale of a 6,336 SF industrial building for the seller, Michael and Joy Aguayo of Wickenburg, AZ for $165,000. The location is 1721 & 1725 W. Linden Road in Phoenix. John Krobraski of Oppidan Partners represented the buyer, Baires, LLC.

Lease Transactions:

Chris Gerow, Shelby Tworek, and Gabe Ortega represented the landlord, Boardwalk Chandler, LLC, in a retail lease transaction for a 2520 SF, 10-year lease at Boardwalk at Anderson Springs; 1959 W. Ray Rd. in Chandler, AZ. The tenant, Pet Planet USA, Inc., a pet supply store, was represented by Teale Bloom of Phoenix Commercial Advisors.

Jeff Hays and Chad Neppl represented the tenant, Intermountain Drilling Corp., on a 3-year lease transaction for a 31,513 SF freestanding, office/warehouse building at 620 S. 80th Avenue in Tolleson, AZ. Intermountain will use the building for a sales and distribution center. Payson and Don MacWilliam of Colliers International represented the landlord, Wiser Investments, LLC.

Laurel Lewis represented the landlord, Frye Road II, LLC in the negotiation of a 64 month, 3,879 SF industrial lease at Chandler/101, 2525 W. Frye Road in Chandler, AZ. The tenant, Southwest Women’s Care, was represented by Rick Ridberg of JR McDowell Real Estate. They will be using the space for a medical billing office.

Tom Weinhold represented the landlord, Stile Trust, on a 3-year lease for 682 SF of medical office space at Chandler Center, 900 W. Chandler Blvd. in Chandler, AZ. The tenant, Dr. Herbert Lake, D.C. and Elisa Urias, will use the space as a chiropractic office.

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About NAI Horizon
Established in 1992, NAI Horizon is a full-service commercial real estate company located in Phoenix, Arizona. NAI Horizon offers a full range of comprehensive real estate services including property management; brokerage and appraisal services to local, national and international clients. Serving the greater Phoenix metropolitan area, NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to 350 offices in 55 countries worldwide. For more information visit www.naihorizon.com or www.naiglobal.com.

Contact:Terry Martin-Denning
COO/Designated Broker
602.852.3438

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