350-001 70-411 MB2-700 400-101 MB2-702 70-410 MB2-703 200-120 70-461 C_TADM51_731 70-462 EX300 VCP-550 70-480 C_TAW12_731 70-484 70-498 70-646 98-361 98-366 A30-327 C_BOE_30 C_TSCM42_66 C2010-597 C2020-632 C2020-701 C2020-703 C2040-408 C2040-988 C2070-581 C2150-195 C2160-667 C2180-274 C4040-226 C4090-453 CAS-001 CSSLP C-TERP10-60 E20-018 E20-918 JN0-360 MSC-321 P2080-088 PC0-001 PEGACSA-v6.2 3I0-012 500-051 640-875 640-916 642-427 642-647 642-691 650-663 700-037 70-247

2nd Quarter for SVN begins with over $16.9 million in lease transactions

Phoenix, Arizona – April 20, 2016 – Desert Commercial Advisors in Phoenix are in warp speed in lease transactions across the valley.  The retail and office divisions have started out with over $16.94 million in lease transactions to begin the first 2 weeks of April 2016.  Chandler Crossings will be one of the best retail and entertainment developments as Alamo Cinema Draft House and Dairy Queen close on over $16 million in lease investment alone.

LEASES

Rommie Mojahed and Mary Nollenberger have leased 35,324 square-feet of retail space to Craig and Kim Paschich with Alamo Chandler, LLC. or property referred to as the new Alamo Draft House Theater.  The lease agreement over $14.6 million will be on a long-term lease.  The property is in the new Chandler Crossings development located at Arizona Avenue and Chandler Heights.  The landlord, The Shoppes at Chandler Heights was represented by Mojahed and Nollenberger with SVN, Desert Commercial Advisors in the lease transaction.

Rommie Mojahed and Mary Nollenberger have leased 3,000 square-feet to Stephen J. Cowgur with DS Enterprises, Inc.  The new lease tenant for Dairy Queen is in the new Chandler Crossings development on Arizona Avenue and Chandler Heights Blvd. SVN advisors represented the landlord, The Shoppes at Chandler Heights.

Justin Horwitz has leased 2,127 square-feet of office space to Dan Brauning with Ideal Rehabilitation, LLC.  The outside tenant was represented by SVN advisor, Horwitz in the transaction. The property is located at 7001 N. 16th St. in Phoenix.

Rommie Mojahed, Mary Nollenberger, and Beau Flahart have leased 1,495 square-feet of retail space to Cabinet Cures, LLC.  Desert Commercial advisors represented the landlord, Fiesta Crossing, LLC. in the transaction.  The property is at Fiesta Crossing located at 1660 S. Alma School Rd. in Mesa.

Beau Flahart has leased 1,080 square-feet of retail space to Dustin Nguyen with Lee Spa Nails.  SVN advisor represented the tenant in the transaction for a long-term lease of 10 years. The property is in the Valencia Marketplace, located at 1785 W. Valencia Rd.

Paul Borgesen III and Justin Horwitz have leased 3,257 square-feet of office space to Brian Ford with Custom Market Solutions, LLC.  The landlord was represented by SVN, Desert Commercial Advisors, Borgesen III and Horwitz in the transaction.  The property is in the Camelhead Business Center located at 2600 N. 44th St. in Phoenix.

Paul Borgesen III and Justin Horwitz have leased 1,016 square-feet of office space to Brandon Farver with Atticue.  The property is in the Camelhead Business Center located at 2600 N. 44th St.   The landlord was represented by the Borgesen III and Horwitz in the lease transaction.

SVN | Desert Commercial Advisors is a full-service commercial real estate services firm providing comprehensive expertise in investment brokerage, leasing, landlord/tenant representation, analysis/valuation and market research. We specialize in multifamily, retail, office, medical/dental, and restaurant property types. Visit our website at www.svndesertcommercial.com for more information.

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Media Contact: Melissa Swader
melissa.swader@svn.com

Melissa Swader

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