BrOKEraGE SALES
PHX INDUSTRIAL
son and Scott Nelson of Voit’s Phoenix office and Pete Beauchamp of Voit’s Irvine office represented the seller.
PIN LAND
¢ Team Toci of Cushman & Wakefield sold the 336,665 SF Lincoln
¢ CBRE completed the $3.05M sale of 556 acres four miles east of
Commerce Park 2 to Cornerstone Real Estate Advisors of Santa Monica, Calif., for $26.1M. The seller was Lincoln Commerce Park II Limited Partnership. Team Toci (Chris Toci and Chad Littrell) represented both buyer and seller, along with Allen Lowe and Jeff Conrad of Lee & Associates.
Quail Run Road on the north side of Skyline Drive in Pinal County. Mike Ratliff, Dave Headstream and Jason Hyams of CBRE’s Land Services Group represented the seller, SA Group Properties Inc. of Los Angeles. The buyer, Seventh Heaven Family Trust of Carlsbad, Calif., was represented by John Finnegan, Chaz Smith and Ramey Peru of Colliers International.
¢ Cassidy Turley BRE Commercial completed the $7.3M sale of
Arrowhead Commerce Center, 8581-8643 W. Kelton Lane, Peoria. Arrowhead Commerce Center Partners LLC purchased the 120,948 SF multi-tenant industrial park California-based MECGArrowhead 1, LLC, Et Al. Paul Boyle, Rick Danis, Tom Atkinson and John Pompay represented the seller. ¢ Lee & Associates and Cushman & Wakefield helped negotiate the
$3.28M sale of a 57,128 SF warehouse at 21405 N. 15th Lane, Building F. MAB Ventures was the seller. The buyer was Deer Valley 15 Investments. The seller was represented by Mark Linsalata and Jeff Conrad with Lee & Associates. Kyle Westfall at Cushman & Wakefield represented the buyer.
PHX MULTI-FAMILY
TUC INDUSTRIAL ¢ DCM Development purchased a 36,727 SF industrial build-
ing,1765 W. Prince Rd., from Richard Geare for $300,000. Patrick Welchert with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the seller; Dave Hammack with Volk Company represented the buyer.
TUC LAND ¢ Land Advisors Organization-Tucson negotiated the $1.957M sale
of 29 lots at Preserve III at Dove Mountain in Marana. Lennar Arizona was the buyer; Miramonte at Dove Mountain was the seller. Will White of LAO handled the deal.
LEASING
¢ Cassidy Turley BRE Commercial completed the sale of The Metro-
politan Lofts, 535 W. Thomas Rd., for $2.7M. David Fogler, Steven Nicoluzakis and Don Arones handled the deal for the 61-unit partially completed residential community is located at 535 W. Thomas Rd. in Phoenix. Lead Properties V, LLC out of Centennial, CO purchased the lender owned property from ML Manager LLC. ¢ CBRE negotiated the $1.25M sale of Homeside Acres Apartments
to Turney Properties LLC of Phoenix. The 29-unit property is at 2019 and 2025 E. Turney Ave. Brian Smuckler and Jeff Seaman represented the buyer and the seller, 2025 E. Turney Ave. LLC.
PHX OFFICE
PHX LEASING ¢ Lee & Associates and CBRE negotiated an 80,158 SF lease of a
building that will house Rancho Solano Private School, 9180 E. Via de Ventura, Scottsdale. Bill Blake, Colton Trauter, Craig Coppola, Mark Linsalata and Andrew Cheney of Lee & Associates represented the landlords, Farallon Capital Management and GEM Realty Capital. Jim Fijan of CBRE represented the tenant. ¢ Jones Lang LaSalle and Lee & Associates negotiated a 50-month
E Rio Salado Parkway, Tempe, for $86M. Sumitomo Corporation was the seller.
sublease of 70,000 SF for IPOWER in Papago Buttes Corporate Plaza, 1500 N. Priest Dr., Tempe. Stein Koss of Lee & Associates represented the sublessee. Don Mudd, John Bonnell and Brett Abramson of JLL represented the sublessor.
¢ Artis Real Estate Investment Trust of Canada acquired the
¢ Sperry Van Ness and Orion Realty Group negotiated a 31,889 SF
¢ Parkway Properties Inc. purchased Hayden Ferry Lakeside II, 60
210,202 SF FBI Regional Headquarter building, 21711 N. 7th St., Phoenix, $75M. Ryan Companies US was the seller. Thomas Holtz with CBRE in Minneapolis represented the seller, and procured the buyer in the deal. ¢ Excel Trust Inc. bought the Promenade Corporate Center, 16427-
16435 N. Scottsdale Rd., Scottsdale, for $56M. Levine Investments LP was the seller.
PHX RETAIL ¢ Voit Real Estate Service directed the $6.2M sale of Santan Gateway
South. The 57,038 SF shopping center, 1305-1445 S. Arizona Ave. in Chandler, is anchored by Sam’s Club. Darren Tappen, Troy Nel16 | July-August 2012
lease for Integrated Software at Portales Corporate Center II, 4900 N. Scottsdale Rd., Scottsdale. Justin Horwitz of Sperry Van Ness represented the tenant. Tom Imparato of Orion represented the landlord, Principal Financial Group, Inc.
TUC LEASING ¢ UnitedHealth Care Services leased 81,835 SF at 9040 S. Rita Rd.,
Suite 1500, from Campus Research Corp. The location will house a healthcare customer service center for OptumRx, a division of UnitedHealth Group. Peter Douglas and Brandon Rodgers of PICOR Commercial Real Estate Services handled the deal.