Lee & Associates Arizona

A Scottsdale air ambulance provider signed a multi-million dollar, 5-plus year office lease for 15,875 SF at The Pinnacle in Perimeter Center, 17851 N. 85th St. in Scottsdale. The transaction was signed on February 10.

Lee & Associates Arizona is pleased to announce the hiring of Victoria Benavidez as Marketing Coordinator for Principals Stein Koss, SIOR and Thomas Louer, SIOR of the Koss/Louer Team.

Lee & Associates is pleased to announce the sale of the Casas Adobes Plaza, an upscale retail shopping center in Tucson for $46 Million.

Two industrial warehouse buildings totalling 95,094 SF at Broadway Crossing, 2950 E. Broadway Rd. in Phoenix, sold to a local investor for $6,302,500 or $66.28 per SF.

Lee & Associates is pleased to announce the sale of Campus Marketplace, a 144,287 SF shopping center at 300 S. Twin Oaks Valley Rd. in Carlsbad, CA for $53,350,000.

Lee & Associates is proud to announce the hiring of David Lord as Principal. David joins Todd Braun and Will Barnard to bolster Lee’s multifamily efforts.

A 4-acre industrial property with two buildings totalling 18,373 SF at 12268 N. 92nd Dr. in Peoria sold for $2,100,000 or $114.30 per SF. Matt Hobaica, Principal with Lee & Associates brokered the transaction.

A joint venture of Dallas-based Jackson Shaw Company and Las Vegas-based LaPour Partners has purchased an 11.5 acre property at 1814 S. 7th Ave. in Phoenix for $2,350,000 or $4.86 per SF.

A 10.5 acre parcel near the intersection of Arizona Ave. and Willis Rd. in Chandler has sold for $3,202,437 or $7.00 per sq. ft. The new owners plan to develop the parcel into two multi-tenant industrial buildings.

A Scottsdale-based company purchased two industrial properties in Phoenix for a combined total of $2,715,000. The two properties consisted of a 16,500 SF warehouse at 21018 N. 22nd St.