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Sperry Van Ness Advisors Start 2014 Strong with These Recent Leasing and Sales Transactions

Sperry Van Ness Advisors Start 2014 Strong with These Recent Leasing and Sales Transactions

RETAIL:
Michael Gaida represented the landlord to lease a 1,862 SF former Valvoline Oil Center to tire dealer Llantera El Maripeno at Alma School Plaza, located at 753 S. Alma School Road in Mesa.  Gaida also represented the tenant in the transaction.

Mary Ridberg and Rommie Mojahed represented the landlord at Union Hills Square to lease 7,269 SF to Fighter Body Fitness. Union Hills Square is located at 8110 W. Union Hills Drive in Glendale. The tenant was also represented by Ridberg and Mojahed.

Greg Vanlerberghe, Peter McQuaid and Erin Schrauth represented the landlord at Gilbert Fiesta II to lease 1,190 SF to Evapology.  Gilbert Fiesta II is located at 183 E. Williams Field Road in Gilbert. The tenant was also represented by Sperry Van Ness.

Judy Jones and Shari A. Tucker represented the landlord of Happy Plaza to lease the entire 9,800 SF to a retail clothing store called Bong Choi.  The property is located at 3401 E. McDowell Road in Phoenix.

LAND SALES:
Michael Gaida, Erin Schrauth, Greg Vanlerberghe and Peter McQuaid collectively represented the seller in the $1,175,000 sale of 10.2 acres of land at 107th Avenue and Beardsley.  The Seller was RMG Real Estate Services. The buyer was Landvest Management and represented by Cassidy Turley.

Greg Vanlerberghe and Peter McQuaid represented the seller, Chandler Opportunity Development, LLC, in the sale of a 36,606 SF parcel of land located at the NEC of Dobson Road and Elliot Road in Chandler.  The buyer, CPG Dobson & Elliot Retail, LLC, paid $360,000 and was represented by Aaron Klusman of Camelback Realty Group. Dunkin Donuts is planned for this location.

OFFICE SALES:
Justin Horwitz and Nicole Ridberg represented the seller, Donald Wilson, in the sale of a 10,690 SF fully vacant freestanding office building located at 910 E. Osborn Road in Phoenix.  The all cash investor purchase by Knightly Living Trust closed within 45 days of initial list price and closed at a final sales price of $1,162,250 December 30, 2013.

Justin Horwitz and Nicole Ridberg represented the seller in the $415,470 sale of Mirage Crossing  located at 105757 N. 114th Street, Suite 107 in Scottsdale. The 3,777 SF office condo was purchased by Colorado North, LLC.

MULTIFAMILY:
Neil Sherman and Danny Lee represented the seller, Antonina Morawa, in the $1,216,000 sale of Heatherbrea Apartments, located at 6101 N 61st Avenue in Glendale.  The 38 unit complex was purchased by Alfred P. Howell, Inc. and closed on January 8, 2014.

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