Category Archives: Press Release

Recent Transactions: 08/10/2009

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PressRelease

Sale Transactions:

NAI Horizon Agent: Jeff Hays, Chad Neppl and Peter Batschelet
Represented: Seller
Name of Buyer: Sinbad, LLC
Name of Seller: Motown Investment Holdings, LLC
Type of business: Plastics and packaging
Name of purchased property: N/A
Address of property: 4101 W Gibson Lane; Phoenix, AZ
Type of property: Industrial
Square footage/acres: 44,316 Bldg SF
Zoning: A-1
Transaction value: $2,000,000
Other agent: Adam Goldberg
Other brokerage: Marcus & Millichap
Other agent represented: Buyer

 

NAI Horizon Agent: Mark Wilcke and Tysen Manuel
Represented: Seller
Name of Buyer: Motor City Enterprises, Inc.
Name of Seller: Jose Diaz Tile Contractor, Inc.
Type of business: Automotive glass repair company
Name of purchased property: N/A
Address of property: 1701 E Drake Drive, Tempe, AZ
Type of property: Industrial
Square footage/acres: 6,600 Bldg SF
Zoning: GID
Transaction value: $730,000
Other agent: Andy Ogan
Other brokerage: Lee & Associates
Other agent represented: Buyer


Lease Transactions:

NAI Horizon Agent: Jeff Hays, Chad Neppl and Peter Batschelet
Represented: Landlord
Tenant: Elliptical Mobile Solutions, LLC
Tenant’s type of business: N/A
Name of leased property: N/A
Address of property: 465 E Chilton Drive – Suite #1, Chandler, AZ
Type of property: Industrial
Square footage/acres: 9,850 Bldg SF
Zoning: IND
Property owner: JLM Properties, LLC
Lease term: 3 years, 1 month
Transaction value: $183,228
Other agent: N/A
Other brokerage: N/A
Other agent represented: N/A

 

NAI Horizon Agent: Peggy Johnson and Leslie Zavos
Represented: Tenant
Tenant: DBS Consulting, LLC
Tenant’s type of business: Dog obedience training facility
Name of leased property: Paradise Village Center
Address of property: 4848 E Cactus Road – Suite #200; Scottsdale, AZ
Type of property: Office
Square footage/acres: 3,185 Bldg SF
Zoning: C-3
Property owner: 1720 W Broadway, LLC
Lease term: 5 years
Transaction value: $158,490
Other agent: Mike Norris
Other brokerage: Cutler Commercial
Other agent represented: Landlord

 

NAI Horizon Agent: Tom Bean and Pat Rogers
Represented: Tenant
Tenant: ML Servicing Co, Inc.
Tenant’s type of business: Commercial hard money lender
Name of leased property: Thunderbird Office Park
Address of property: 14050 N 83rd Avenue – Suite #180; Peoria, AZ
Type of property: Office
Square footage/acres: 2,511 Bldg SF
Zoning: N/A
Property owner: Thunderbird Office Park @ 101, LLC
Lease term: 2 years, 2 months
Transaction value: $97,991
Other agent: Lindy Koskovich
Other brokerage:: Grubb & Ellis/BRE Phoenix
Other agent represented: Landlord

 

NAI Horizon Agent: Sharon Reeves and Scott Ellsworth
Represented: Landlord
Tenant: Catiki Partners, LLC
Tenant’s type of business: Consignment store
Name of leased property: Shops at 38th Street Plaza
Address of property: 3730 E Indian School Road; Phoenix, AZ
Type of property: Retail
Square footage/acres: 1,082 Bldg SF
Zoning: C-2
Property owner: 38th Street Centre Oliver, LLC
Lease term: 3 years, 2 months
Transaction value: $40,132
Other agent: N/A
Other brokerage:: N/A
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.

NAI Horizon Announces Hiring Of Mike Clancey

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PressRelease


Thirty Year Industry Veteran Joins NAI Retail Group as Vice President

PHOENIX – NAI Horizon welcomes the addition of Mike Clancey, as Vice President with their Retail Services Division. Clancey will focus on the sale and leasing of retail properties with a specific focus on restaurant representation.

“Mike brings many years of deal making experience to our retail group and he has a successful history of representing national and regional restaurateurs in executing their multi unit site acquisition strategies. This intimate knowledge of the restaurant industry coupled with years of developing restaurant relationships, serves both restaurant users and landlords very well” said Thad Seligman, President of NAI Horizon.

Clancey has been a commercial leasing and investment broker since 1978 in the Phoenix Valley, spending the first seventeen years of his career with CBRE. After leaving CBRE he gained additional deal making experience while working with Insignia/ESG and Coldwell Banker Commercial throughout the last thirteen years. Clancey brings a solid record of closing deals with a long list of strong client relationships.

Mike graduated from Michigan State University, and is an active member of the International Council of Shopping Centers (ICSC). During his career Mike has worked with a variety of clients including; AMC Theatres, Boston Market, California Pizza Kitchen, Houston’s Restaurants, IHOP, Olive Garden and Flo’s Restaurants, PetSmart, Play It Again Sports, Ruby Tuesday’s, Scottrade, Starbucks, The Clothing Company, The Mattress Firm as well as retail developers Vestar and Westcor, to highlight a small portion of his client list.

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NAI Horizon is a full service commercial real estate brokerage firm 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.

Recent Transactions: 07/27/2009

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PressRelease

Sale Transactions:

NAI Horizon Agent: Tom Weinhold & Kasha Driskill
Represented: Buyer
Name of Buyer: Tovar Properties, LLC
Name of Seller: DSRS Investments, LLC
Type of business: Dentist
Name of purchased property: Plaza del Lago
Address of property: 9784 W Yearling Road – Suite #1500; Peoria, AZ
Type of property: Office-Medical
Square footage/acres: 1,993 Bldg SF
Zoning: PAD 0-1
Transaction value: $510,110
Other agent: Roy Bade
Other brokerage: The Bade Companies
Other agent represented: Seller
NAI Horizon Agent: Tom Weinhold
Represented: Seller
Name of Buyer: Dr. David Lewis
Name of Seller: Sojourner Investment Group, LLC
Type of business: N/A
Name of purchased property: Southern Avenue Garden Offices
Address of property: 408 E Southern Avenue; Tempe, AZ
Type of property: Office-Medical
Square footage/acres: 1,546 Bldg SF
Zoning: R-0
Transaction value: $235,000
Other agent: James Robinson
Other brokerage: Phoenix Realty Advisors
Other agent represented: Buyer


Lease Transactions:

NAI Horizon Agent: Jeff Hays, Chad Neppl and Peter Batschelet
Represented: Landlord
Tenant: Aggreko, LLC
Tenant’s type of business: Repair and sales of generators/chilling systems
Name of leased property: N/A
Address of property: 5030 W Watkins Street, Phoenix, AZ
Type of property: Industrial
Square footage/acres: 17,800 Bldg SF
Zoning: A-1
Property owner: Gant Enterprises, LLC
Lease term: 5 years, 1 month
Transaction value: $677,870
Other agent: Ben Johnson
Other brokerage: Daum Commercial
Other agent represented: Tenant
NAI Horizon Agent: George Long, Andrea Davis, Stacie Harrison and Josh Landers
Represented: Landlord
Tenant: Terros, Inc.
Tenant’s type of business: Behavioral health treatment/counseling
Name of leased property: Metro Executive Park
Address of property: 10220 N 31st Avenue – Suite #120; Phoenix, AZ
Type of property: Office
Square footage/acres: 4,011 Bldg SF
Zoning: C-0
Property owner: KW Fund II – Metro Center, LP
Lease term: 6 years
Transaction value: $359,318
Other agent: Murray Gares
Other brokerage: Ensemble DevMan
Other agent represented: Tenant
NAI Horizon Agent: Peggy Johnson and Leslie Zavos
Represented: Landlord
Tenant: Palomino Insurance Agency
Tenant’s type of business: 1st Scottsdale Dental PLLC
Name of leased property: Hayden North
Address of property: 10304 N Haydent Road – Suite #3; Scottsdale, AZ
Type of property: Office
Square footage/acres: 1,973 Bldg SF
Zoning: C-0
Property owner: Vector Hayden North, LLC
Lease term: N/A
Transaction value: $240,903
Other agent: N/A
Other brokerage:: N/A
Other agent represented: N/A
NAI Horizon Agent: Peggy Johnson and Leslie Zavos
Represented: Landlord
Tenant: Paragon Mortgage Corp
Tenant’s type of business: Niche commercial mortgage co.
Name of leased property: Camelot Square
Address of property: 1130 E Missouri – Suite #204; Scottsdale, AZ
Type of property: Office
Square footage/acres: 2,664 Bldg SF
Zoning: C-0
Property owner: Alice Avenue, LLC
Lease term: N/A
Transaction value: $214,886
Other agent: N/A
Other brokerage:: N/A
Other agent represented: N/A
NAI Horizon Agent: Tom Weinhold
Represented: Landlord
Tenant: Comprehensive Orthopedics, LLC
Tenant’s type of business: Orthopedic medical practice
Name of leased property: Mountain View Medical Center
Address of property: 10595 N Tatum Blvd, – Suite #E-142; Paradise Valley, AZ
Type of property: Office-Medical
Square footage/acres: 1,427 Bldg SF
Zoning: Special Use
Property owner: Mountain View Medical Center, LLC
Lease term: 5 years
Transaction value: $212,132
Other agent: Aaron Kuhl
Other brokerage:: Medical Office Brokers
Other agent represented: Tenant
NAI Horizon Agent: Peggy Johnson and Leslie Zavos
Represented: Landlord
Tenant: Circle K
Tenant’s type of business: Maintenance shop
Name of leased property: McDowell West Business Park
Address of property: 1402-A N 26th Avenue; Phoenix, AZ
Type of property: Industrial
Square footage/acres: 5,774 Bldg SF
Zoning: A-1
Property owner: Weston Properties, LLC
Lease term: 5 years
Transaction value: $165,536
Other agent: Jeff Hays and Chad Neppl
Other brokerage:: NAI Horizon
Other agent represented: Tenant
NAI Horizon Agent: Tom Bean
Represented: Tenant
Sub-Tenant: US Preferred Realty, Inc.
Sub-Tenant’s type of business Real estate services
Name of leased property: Mesa Executive Center
Address of property: 1255 W Baseline Road – Suite #C-108; Mesa, AZ
Type of property: Office
Square footage/acres: 1,935 Bldg SF
Zoning: N/A
Property owner: UACC
Lease term: 1 year, 8 months
Transaction value: $42,300
Other agent: Mike Anderson
Other brokerage: Keller Williams Integrity First Commercial Division
Other agent represented: Sub-Tenant
NAI Horizon Agent: Sharon Reeves and Scott Ellsworth
Represented: Landlord
Tenant: Zounds Hearing
Tenant’s type of business: Hearing aid sales and testing
Name of leased property: Power Plaza
Address of property: 801 S Power Road – Suite #111; Mesa, AZ
Type of property: Retail
Square footage/acres: 1,040 Bldg SF
Zoning: C-2
Property owner: Cowan Oliver Investments, LLC
Lease term: 2 years, 3 months
Transaction value: $23,452
Other agent: N/A
Other brokerage: Phoenix Commercial 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.