Monthly Archives: June 2009

Recent Transactions: 06/29/2009

PressRelease

Sale Transactions:

NAI Horizon Agent: Tom Weinhold
Represented: Buyer
Name of Buyer: P & H Developers, LLC
Name of Seller: The Park at San Tan, LLC
Type of business: Pain clinic
Name of purchased property: The Park at San Tan
Address of property: 3195 W Ray Road; Chandler, AZ
Type of property: Office-Medical
Square footage/acres: 2,010 Bldg SF
Zoning: C-2
Transaction value: $371,994
Other agent: Phil Wurth
Other brokerage: Logan Commercial
Other agent represented: Seller

 

NAI Horizon Agent: George Long, Andrea Davis, Stacie Harrison and Josh Landers
Represented: Buyer
Name of Buyer: DKA Properties, LLC
Name of Seller: Carefree Westland Office, LLC
Type of business: Insurance
Name of purchased property: Scottsdale Westland
Address of property: 33725 N Scottsdale Road – Suite #120; Scottsdale, AZ
Type of property: Office
Square footage/acres: 1,601 Bldg SF
Zoning: SR
Transaction value: $227,342
Other agent: N/A
Other brokerage: N/A
Other agent represented: Seller

 

NAI Horizon Agent: Jordan John
Represented: Seller
Name of Buyer: Brian Douglas
Name of Seller: Greenbelt Claims Recovery, LLC
Type of business: Accounting
Name of purchased property: N/A
Address of property: 5050 N 8th Place – Suite #5; Phoenix, AZ
Type of property: Office
Square footage/acres: 1,462 Bldg SF
Zoning: R-5
Transaction value: $140,000
Other agent: Gary Goble
Other brokerage: Home Smart Realty
Other agent represented: Buyer


Lease Transactions:

NAI Horizon Agent: Tom Weinhold
Represented: Tenant
Tenant: Phoenix Orthopedi Group, PC
Tenant’s type of business: Orthopedics and sports medicine
Name of leased property: Biltmore Medical Mall
Address of property: 2222 E Highland Avenue – Suite #203; Phoenix, AZ
Type of property: Office-Medical
Square footage/acres: 4,253 Bldg SF
Zoning: N/A
Property owner: Windrose Biltmore Properties, LLC
Lease term: 5 years, 5 months
Transaction value: $446,565
Other agent: Roland Van loan
Other brokerage: Paramount Real Estate Services
Other agent represented: Landlord

 

NAI Horizon Agent: George Long, Andrea Davis, Stacie Harrison and Josh Landers
Represented: Tenant
Tenant: I.Q. Data International, Inc.
Tenant’s type of business: Collection agency for past due rent
Name of leased property: Southwest Corporate Center
Address of property: 1600 W Broadway Road; Tempe, AZ
Type of property: Office
Square footage/acres: 3,321 Bldg SF
Zoning: N/A
Property owner: Western America Commercial, LLC
Lease term: 5 years, 6 months
Transaction value: $262,358
Other agent: Ken Elmer
Other brokerage: EBS
Other agent represented: Landlord

 

NAI Horizon Agent: Isy Sonabend
Represented: Tenant
Tenant: Avlyn, Inc.
Tenant’s type of business: Fabric importer
Name of leased property: N/A
Address of property: 1637 W Knudsen Drive, Phoenix, AZ
Type of property: Industrial
Square footage/acres: 4,503 Bldg SF
Zoning: IP
Property owner: MC Development, LLC
Lease term: 5 years, 6 months
Transaction value: $243,162
Other agent: Jim Ryder
Other brokerage:: Capital Realty Advisors
Other agent represented: Landlord

 

NAI Horizon Agent: Pat Rogers, CCIM
Represented: Tenant
Tenant: Dewberry & Davis, LLC
Tenant’s type of business: Engineering
Name of leased property: N/A
Address of property: 7204 N 16th Street, Phoenix, AZ
Type of property: Office
Square footage/acres: 2,250 Bldg SF
Zoning: C-O
Property owner: FFH Properties, LLC
Lease term: 1 year
Transaction value: $51,030
Other agent: N/A
Other brokerage:: N/A
Other agent represented: Landlord

 

NAI Horizon Agent: Jeff Hays, Chad Neppl and Peter Batschelet
Represented: Landlord
Tenant: Fast Teck, LLC
Tenant’s type of business: General manufacturing of metal products
Name of leased property: N/A
Address of property: 175 S Hamilton – Suite #102, Gilbert, AZ
Type of property: Industrial
Square footage/acres: 4,200 Bldg SF
Zoning: Ind
Property owner: Investment Realty Solutions, LLC
Lease term: 2 years, 1 month
Transaction value: $46,872
Other agent: Evan Koplan
Other brokerage:: Colliers International
Other agent represented: Tenant

 

NAI Horizon Agent: Peggy Johnson and Leslie Zavos
Represented: Landlord
Tenant: MarketRx
Tenant’s type of business: N/A
Name of leased property: Thunderbird Executive Office Park
Address of property: 7585 E Redfield – Suite #203; Scottsdale, AZ
Type of property: Office
Square footage/acres: 2,459 Bldg SF
Zoning: I-1
Property owner: Big Sky Real Properties, LLC
Lease term: 6 months
Transaction value: $25,204
Other agent: Steve Cross
Other brokerage:: Cross Realty Advisors
Other agent represented: Tenant

 

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NAI Horizon is a full service commercial real estate brokerage firm with regional offices serving the Greater Phoenix Market and is a member of the NAI Global managed network. NAI Global is an international commercial real estate network with more than 325 offices in 55 countries. Build on the power of our network.TM To learn more about NAI Horizon or NAI Global, visit www.naihorizon.com or www.naiglobal.com.

Entrepreneurialism is Alive and Well in North Scottsdale

 

Phoenix, AZ – Long-time Valley entrepreneur and AZ Big Media CEO, Mike Atkinson, recently made a dramatic commitment to a new business venture – despite the realities of today’s economy – further highlighting his vision and confidence in the future of metropolitan Phoenix.

For the past 18 years, AZ Big Media has hosted the Arizona Home & Building Expo. Their new venture — Home & Design Idea Center – will be Arizona’s newest, most sophisticated venue, showcasing the finest collection of home and garden products and services for remodeling, home décor & furnishings, interior design, home security & technology. Their famous slogan of “no pots and pans, no chips and dips, no mops and woks” defines the high quality of the companies they bring together, and brings the most affluent buyers to their center.

Mike Atkinson retained the services of NAI Horizon (specifically the Valley Office Brokers team of George Long, Andrea Davis, Josh Landers & Stacie Harrison) to represent the AZ Big Media in locating space and negotiating a lease for nearly 35,000 SF for the Home & Design Idea Center.

With a grand opening planned for July 2009, the Home & Design Idea Center is located at the new La Curvata mixed use office/showroom property, located near the new AJ’s Center, at Pima & Union Hills Road. The property is a joint venture development between Biltmore Holdings and LGE Construction & Development, Inc.

In addition to this latest venture, AZ Big Media is also the publisher of some of the state’s most well-respected publications including: Arizona Business Magazine, AZ|RE: Arizona Commercial Real Estate, Arizona Home & Design, Ranking Arizona, Experience AZ, Creative Designer and 1000 People to Know. Plus, AZ Big Media hosts the Southwest Build-It-Green Expo & Conference, in addition to numerous industry awards events each year. www.azbigmedia.com

Valley Office Brokers joined NAI Horizon in November 2008. The team continues to be one of Phoenix’s leading office brokerage service providers. Valley Office Brokers assist real estate investors and Phoenix companies in implementing investment and business plan strategies which are executed through tenant representation, sale, leasing and disposition of commercial office buildings.

NAI Horizon Announces Hiring of Horth Hong

PressRelease

Five-Year Industry Veteran Joins Growing Firm as Senior Associate

PHOENIX – NAI Horizon, the Valley’s 7th-largest commercial real estate brokerage, today announced the hiring of Horth Hong in their Retail Division.

“We are fortunate to have Ms Hong join our retail group and add her successful history of shopping center leasing and more specifically working with Asian Retailers in Arizona, “ said Thad Seligman, President of the firm. “Asian owned retail stores have long been an active and vital part of the overall retail community and as this segment continues to grow, we felt it was to our benefit to have an agent who understands the cultural and product demands of the Asian Community.”

Prior to joining NAI Horizon, Hong spent four years at Pasternack Properties and Interra Commercial. In 2008 she formed her own company Peak Commercial. She coordinated all aspects of leasing and construction. One of her major clients was Pacific West Development and she represents over 400,000 SF of retail space.

Her client list also includes; Great China, Happy Feet Nail Salon, JB Organic Dry Cleaners, Phoicious, Twins Barber Shop II and Yum Yum China. Horth is a member of the International Council of Shopping Centers.