GPE Commercial Advisors September 2011 Deal Summary

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Scottsdale, AZ – October 18, 2011 – (RealEstateRama) — In September 2011, GPE Commercial Advisors reported closing four purchase transactions for $1.7M (83,658 square feet, including two-acre land sale), 20 lease transactions for $5.2M (64,478 square feet) and one dental practice sale for $410,000. Combined, GPE represented 25 completed transactions for $7.3M totaling 148,136 square feet.

Summary of transactions available for publishing:

Land Sales

Buckeye, AZ – Big Slick Holdings, LLC purchased 2 Acres at Perryville & Highway 85. Kevin Helland, MBA, represented the seller.

Medical Sales

Phoenix, AZ – Dwayne St. Jacques and Judith Barnes-Clark, pediatricians, purchased 4,855 SF for $615,000 at The Reserve at Foothills Vista, 15215 South 48th Street. Julie A. Johnson, CCIM, represented the seller.

Flex/Industrial Leases

Mesa, AZ – A precision instruments distributor leased 3,700 SF at Mountain Vista Business Center, 10165 East Hampton Avenue. Dave Sampson and Sarah Weddle represented the landlord.

Medical Leases

Phoenix, AZ – A primary care practice leased 9,688 SF at Foothills Health Center, 4530 East Ray Road. Nicholas A. Pelusio represented the landlord.

Chandler, AZ – An OB/GYN practice leased 6,496 SF at Dobson Center, 2055 West Frye Road. Nicholas A. Pelusio represented the landlord.

Scottsdale, AZ – A drug and alcohol rehabilitation support center leased 5,012 SF at Hayden Professional Park, 3200 North Hayden. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Goodyear, AZ – A laboratory leased 4,448 SF at Palm Valley Medical Plaza, 13657 West McDowell. Nicholas A. Pelusio and Kathleen M. Morgan, CCIM, represented the tenant.

Phoenix, AZ – A laboratory leased 3,072 SF at 19th Avenue Medical, 6707 North 19th Avenue. Kathleen M. Morgan, CCIM, and Nicholas A. Pelusio represented the tenant.

Phoenix, AZ – A Feldenkrais Method® practice leased 2,206 SF at Las Palmas Medical and Dental Plaza, 16620 North 40th Street. Nicholas A. Pelusio, Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord and Tracey Galligan represented the tenant.

Phoenix, AZ – A laboratory leased 1,954 SF at Anasazi Plaza I Building B, 11209 North Tatum Boulevard. Nicholas A. Pelusio and Kathleen M. Morgan, CCIM, represented the tenant.

Phoenix, AZ – An OB/GYN practice leased 1,633 SF at Estrella Medical Plaza, 9305 West Thomas Road. Nicholas A. Pelusio and Kevin Helland, MBA, represented the tenant.

Phoenix, AZ – An OB/GYN practice leased 1,394 SF at 2150 East Highland Avenue. Julie A. Johnson, CCIM, represented the tenant.

Scottsdale, AZ – A naturopathic practice leased at Odyssey Professional Center, 8140 East Cactus Road Suite 700. Sarah Weddle represented the landlord.

Office Leases

Phoenix, AZ – The Salvation Army, a philanthropy and charity organization, leased 11,057 SF at Riverpoint Business Park, 3025 East Wood Street. Kevin Helland, MBA, represented the tenant.

Glendale, AZ – A title and escrow service group leased 3,082 SF at The Citadelle, 19420 North 59th Avenue. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Scottsdale, AZ – A mobile marketing group leased 2,994 SF at Hayden Professional Park, 3200 North Hayden Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Scottsdale, AZ – An infrastructure projects and solutions group leased 2,974 SF at Camelback Tower, 6900 East Camelback Road. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord.

Glendale, AZ – A commercial and residential real estate service company leased 2,359 SF at Citadelle, 19420 North 59th Avenue. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Tempe, AZ – A commercial insurance company leased 955 SF at 20 East University Drive. Dave Sampson represented the tenant.

Glendale, AZ – A legal service leased 890 SF at Citadelle, 19420 North 59th Avenue. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord.

Phoenix, AZ – A legal service leased 564 SF at 16421 North Tatum Boulevard. Sarah Weddle represented the tenant.

About GPE Companies

Founded 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. 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.

Learn more about us at www.GPE1.com or visit us on Facebook, Twitter and LinkedIn. Convenient shortcuts to each location are www.gpe1.com/facebook, www.gpe1.com/twitter, and www.gpe1.com/linkedin.

Contact:
Brooke Askew-Rossi
Director of Business Development
GPE Companies
Phone: (480) 423-7910
Email: baskew-rossi (at) gpe1 (dot) com

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