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GPE Commercial Advisors April 2011 Deal Summary

May 19, 2011 (Scottsdale, Arizona) – In April 2011, GPE Commercial Advisors reported closing two purchase transactions for $425K (7,105 square feet), 17 lease transactions for $2M (37,299 square feet) and four dental practice sales for $1.4M. Combined, GPE represented 23 completed transactions for $3.8M totaling 44,400 square feet.

Top transactions for the month:

In commercial real estate sales
Bret Isbell and Russell Fine represented the seller in the sale of 4,000 square feet at Higley-McKellips Business Center in Mesa, Arizona.

In commercial real estate leasing
Nicholas A. Pelusio, Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord in the lease of 5,562 square feet at Las Palmas Medical and Dental Park in Phoenix, Arizona.

Summary of transactions available for review:


 

April 2011 Sales

(April 12, 2011) An investment group purchased 3,105 square feet at Olive Avenue Business Park Condominiums in Peoria, Arizona. Bret Isbell represented the seller in the transaction.

(April 20, 2011) An aviation rescue and training company is locating its headquarters to Higley-McKellips Business Center in Mesa, Arizona. Bret Isbell and Russell Fine represented the property owner in the 4,000 square-foot lease transaction.

 


April 2011 Leases

(April 1, 2011) An established private investigation and security company is relocating to Bell Canyon Offices in Phoenix, Arizona. Bret Isbell and Russell Fine represented the landlord in the 1,124 square foot lease.

(April 4, 2011) A financial services company will be relocating its office to Southwest Jet Corporate Center in Scottsdale, Arizona. Tim Phillips represented the property owner in the 975 square foot lease.

(April 7, 2011) A rehabilitation group specializing in hand and physical therapy is opening a new location at Metro Medical Plaza in Phoenix, Arizona. Bret Isbell represented the landlord in the 2,319 square foot lease.

(April 13, 2011) Nicholas A. Pelusio and Kathleen M. Morgan, CCIM, represented the landlord in the lease of 2,000 square feet to an existing medical service at CG Medical Campus in Casa Grande, Arizona.

(April 14, 2011) A medical consulting firm leased 978 square feet at Southern Avenue Medical Center in Tempe, Arizona. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord in the transaction.

(April 18, 2011) A dental practice is joining Rancho Santa Fe Center in Avondale, Arizona. Kevin Helland, MBA, Katie Hines, RDH, CCIM, and Julie A. Johnson, CCIM, represented the tenant in the 2,520 square-foot lease.

(April 20, 2011) A title company renewed its lease at Arrowhead Ranch in Glendale, Arizona. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord in the 2,596 square-foot lease.

(April 21, 2011) An office staffing agency is relocating to Southwest Jet Corporate Center in Scottsdale, Arizona. Tim Phillips represented the property owner in the 2,664 square-foot transaction.

(April 21, 2011) An environmental research and product development company is moving into Southwest Jet Corporate Center in Scottsdale, Arizona. Tim Phillips represented the landlord in the 2,336 square-foot deal.

(April 21, 2011) The offices of a valley home healthcare services group are moving to Odyssey Professional Center in Scottsdale, Arizona. Sarah Weddle represented the landlord in the lease transaction.

(April 25, 2011) A hematology and oncology group will join other medical care providers at Las Palmas Medical & Dental Park in Phoenix, Arizona. Nicholas A. Pelusio, Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the property owner in the 5,562 square-foot lease transaction.

(April 25, 2011) A dental practice will open at Fountain Hills Medical Campus in Fountain Hills, Arizona. Nicholas A. Pelusio, Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord in the 3,896 square-foot lease transaction.

(April 25, 2011) Brody Massage will open at Cave Creek Commons in north Phoenix. Sarah Weddle represented the landlord in the lease transaction. 

(April 28, 2011) A residential developer is locating their headquarters to Bell Canyon Offices in Phoenix, Arizona. Russell Fine and Bret Isbell represented the landlord and Tim Phillips represented the tenant in the 1,870 square-foot lease transaction.

(April 29, 2011) A mobile technology and marketing group renewed their lease at Hayden Professional Park in Scottsdale, Arizona. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord in the 5,181 square-foot lease transaction.

(April 29, 2011) A private business consultant is moving to Hayden Professional Park in Scottsdale, Arizona. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord in the 1,311 square-foot lease transaction.

(April 30, 2011) A new medical practice is set to open at Las Palmas Medical and Dental Plaza in Phoenix, Arizona. Trisha A. Talbot, CCIM, Kathleen M. Morgan, CCIM, and Nicholas A. Pelusio represented the property owner in the 1,565 square-foot lease transaction.

 


About GPE Companies

Founded in 1973, GPE Commercial Advisors and GPE Management Services are the premier providers of award-winning, commercial real estate sales, leasing, property management and consulting solutions for local business, office, medical, dental, retail and industrial properties in the Greater Phoenix Metropolitan area. 2011 Ranking Arizona ranks GPE Commercial Advisors as the Valley’s #1 commercial real estate company and GPE Management Services among the top ten property management companies. GPE has also been named a Top Leasing Firm by CoStar Power Broker Awards, and one of the Valley’s “Best Places to Work” by Phoenix Business Journal. Our offices are located at 7201 East Camelback Road, Suite 250, Scottsdale, Arizona. Learn more about us at www.GPE1.com or visit us on Facebook, Twitter and LinkedIn. Convenient shortcuts to each location are www.gpe1.com/facebook, www.gpe1.com/twitter, and www.gpe1.com/linkedin.