CB Richard Ellis Inc.'s Bob Pearlstein represented the tenant and the building owner, East Thunderbird Square-North LLC. CBRE's Max Bippus also stood in for the owner. Spencers sells home appliance, electronics and furniture.

In other retail news, Phoenix-based Ilaria Giansanti of NAI Horizon represented Riley Family Enterprises LLC, dba Massage Envy, in a five-year lease at 101 on 7000 E. Mayo Blvd. in Scottsdale. The 2,100-sf transaction is for space in Building 8. The building owner, Scottsdale 101 Associate LLC, was self represented in the $379,071 deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.