BUSINESS

For more business visit glendalestar.com

GlendaleStar.com /GlendaleStar

Portillo’s drive-thru sold to SoCal buyer for $1.7M

BY GLENDALE STAR STAFF

Hanley Investment Real Estate Advisors completed the sale of a new construction, single-tenant net-leased retail property occupied by a Portillo’s drive-thru restaurant in Glendale.

The sale price was $7.1 million for the long-term, triple-net ground lease. The sale achieved a cap rate of 4.55%, a record-low cap rate for a Portillo’s in the United States.

Hanley’s Executive Vice Presidents Bill Asher and Jeff Lefko, along with President Ed Hanley, in association with Lee Csenar of Hanley Investment Real Estate Advisors Inc., represented the seller, a private investor in Orange County, California.

The buyer, a private investor in Los Angeles County, was represented by Chuck Wilson and Kenny Patricia of Colliers International in Irvine, California.

Hanley identifi ed an all-cash buyer based in Southern California seeking a single-tenant passive investment to fulfi ll a 1031 exchange requirement and sourced an off-market opportunity by leveraging an existing relationship with a Southern California-based developer.

“Single-tenant NNN retail investment supply was extremely tight in the last six months of 2021,” Asher said. “Market conditions promoted more incremental off-market transactions, matching up motivated buyers with properties not formally on the market, putting owners in a unique position capitalize on entertaining unsolicited offers at historic record-breaking prices.”

Portillo’s is located at 17125 N. 79th Avenue in Arrowhead Towne Center. The 7,800-square-foot restaurant building, situated on 1.92 acres, has an outdoor patio and a double-lane drive-thru.

It is Arizona’s fourth Portillo’s and the Chicago-based chain’s 67th location overall across nine states. The restaurant, which opened on April 27, 2021, serves Chicago-style hot dogs, Italian beef sandwiches, char-grilled burgers, fresh salads and chocolate cake. Portillo’s Home Kitchen is the company’s fast-growing catering business. Portillo’s also ships food to all 50 states via its website.

Scorpion Bay Marina hiring 12 for 2022 season

BY GLENDALE STAR STAFF

Scorpion Bay Marina is hiring for the 2022 season. Positions range from dockhands and deckhands to security, offi ce rental agent and boat dry storage attendant.

Individuals 18 and older may apply to support Scorpion Bay as it enters its busiest season this summer. The recent attendance surges mean Scorpion Bay needs to expand its team.

Marina crew members will assist with guest relations, safety and operations orientations, boat maintenance, cleaning and more to keep the marina running smoothly and safely.

“Working at Scorpion Bay is a tremendous opportunity for each of us,” said Lynn Lovelady, marina manager.

“Being able to show up for work at

BE DEBT FREE IN 24–48 MONTHS!

a dream location, help our guests have a safe and enjoyable visit and collaborate with such a dedicated crew is something I’m incredibly grateful for. As we expand our team, it’s important that we bring on additional hard-working individuals to provide premium service to the wide variety of local and international guests that visit the marina each season.”

Full- and part-time and seasonal positions are immediately available. Full benefi ts are available for full-time employees. Mail resume to info@ scorpionbayaz.com.

Scorpion Bay is located at 10970 Peninsula Boulevard, Morristown.

Peoria Unifi ed hosting career fair

If you owe more than $10,000 in credit card or other debt, see how we can help.

BY GLENDALE STAR STAFF

The Peoria Unifi ed School District is inviting seasoned or aspiring teachers to its career fair from 5 to 7 p.m. Thursday, Feb. 24, at Ironwood High School, 6051 W. Sweetwater Avenue, Glendale.

There are job openings in all pre-kindergarten to 12th grade across Peoria Unifi ed’s 42 schools. At the teacher career fair, interviews will be conducted on-site. Peoria Unifi ed’s human resources team will be at the event to assist with certifi cation questions. Letters of intent may be offered to select candidates at the Teacher Career Fair to join Peoria Unifi ed.

The district offers valuable salaries, benefi ts, incentives and support. To view job openings, visit Peoria Unifi ed’s website at jobs.peoriaunifi ed. org. For more information about the teacher career fair, call 623-412-5302.

Show Your Heart Some Love This Valentine’s Day! By: DR. RAHUL MALHOTRA, MD, FACC, FSCAI PAID ADVERTISEMENT

February is Heart Month and while heart health should always be a constant focus, it’s a great time to spotlight heart healthy choices and to recommit to your heart care plan.

Valentine’s Day is a great place to start. There are lots of ways to make your Valentine’s Day plans heart healthy:

•Take your special someone for a heart healthy meal. Avoid red meats, butter and salt and opt for menu items that provide lean protein, such as fish, and variety of vegetables. •When picking out Valentine’s treats, opt for dark chocolate that’s low in sugar and saturated fat over milk chocolate. Studies show dark chocolate is rich in anti-oxidants and that it can help reduce blood pressure and lower your risk of heart disease. As in all things, even with dark chocolate, moderation is key.

•Be active together. Take a ballroom dancing class, enjoy a nice stroll under the stars, pairing a little light activity with your Valentine’s Day is a terrific way to keep your heart healthy. •Promise to make your heart care a priority. When you care about someone, you want them to take care of themselves and stay healthy. Show your partner you care by nudging them to keep on top of their routine check ups and regular heart care. Prevention goes a long way in avoiding acute cardiac issues.

If you’re looking for a heart care partner, our team at Arizona Heart and Vascular Clinic is here for you. Contact us today to schedule an appointment and continue your heart health journey with our expert team.

Dr. Rahul Malhotra, MD, FACC, FSCAI is the Medical Director at Arizona Heart & Vascular Clinic.