Recent Transactions: 08/10/2009

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.

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