ACQUISITIONS/DISPOSITIONS

ARIZONA

Mesa

• Chinmaya Mission Phoenix acquired the Greenlee-Textron Facility, a 57,000-square-foot class B flex property at 325 South El Dorado St. and 2521 West Birchwood Ave. for $2 million from Greenlee Textron Inc. Pete Klees, Paul Sweetland, Paul Boyle and Rick Danis with Cassidy Turley negotiated the transaction for the seller while John Meyer and Beth Aerts of Airpark Property Specialists represented the buyer.

Phoenix

• Clear Sky Capital Arimont LLC of Phoenix purchased Arimont Apartments, a 21-unit multifamily property at 1102 E. Maryland Ave.Brian Smuckler and Jeff Seaman of CBRE represented the buyer and the seller, The Eugenijus Valiulis Revocable Trust of Ojai, CAin the $940,000 sale.
• Mentor Properties of Scottsdale acquired the 288-unit Canyon Place at 4715 N. Black Canyon Hwy. for $7.6 million. The seller was Canyon Place Apartments LLC of Los Angeles. Colliers International's Bill Hahn, Jeffrey Sherman and Trevor Koskovich represented both parties.
• Sans Souci Apartments LLKP sold the 181-unit Belle Verde apartments at 3030 N. 35th Ave. for $4.4 million. Neil Sherman and Danny Lee of Sperry Van Ness represented the seller. The buyer was represented by Pete TeKampe of Marcus and Millichap Real Estate Investment Services.
• Weidner Investment Group of Kirkland, WA, acquired the 220-unit Paradise Falls at 15434 N. 32nd St. for $10.4 millionfrom Aslan Realty Group of Irvine, CA. Bill Hahn, Jeffrey Sherman and Trevor Koskovich of Colliers International negotiated the transaction.

Surprise

• Pacific Western Bank sold Offices at Reems, a 16-unit office condo portfolio located at 15515-15571 N. Reems Rd. to Reems and Greenway LLC for 41.3 million. Justin Horwitz, Nicole Ridberg and Neil Sherman of Sperry Van Ness LLC represented the seller. The buyer was represented by Steve Cook of Escee Properties.

TEXAS

Corinth

• CrossPointe Community Church of Corinth purchased 6.4 acres at the southwest corner of Tower Ridge Road and Meadows Oak Drive. The land was purchased from the estate of Virgil T. Griffith and will be used for the construction of a new church. W. Thurston Witt with UCR Dallas negotiated the transaction for both parties.

Houston

• Ek Rankin, LP purchased approximately 5.74 acres on Rankin Road, just east of Interstate 45. Reed Vestal and Ross Thomas of the Finial Group represented the seller. Stephen Kuper of the National Realty Group represented the buyer.

Katy

• JBHB Realty, LLC purchased approximately 1.238 acres out of Grand Lakes Corner Reserve located on Grand Parkway near Beltway 8. Taylor Schmidt and Reed Vestal of Finial Group represented the seller and Joel King of Joel Thomas Realty represented the buyer. An oral surgery office is expected to be built on the site.

LEASING

ARIZONA

Gilbert

• Goodwill of Central Arizona signed a 19,290-square-foot lease at the San Tan Village Furniture Shopping Center, at Loop 202 and San Tan Village Parkway. This marks the third Redesign by Goodwill store in the Phoenix area. Andy Kroot with Velocity Retail Group LLC represented the tenant.

Peoria

The Alter Group, represented by Ashley Brooks with CBRE, has signed the following leases at Peoria Center at Arrowhead:

• Morgan Stanley Wealth Management leased 10,697 square feet at 16155 N. 83^rd Ave., bringing the building to 100% occupancy. Todd Noel with Colliers International, represented Morgan Stanley Wealth Management in the transaction.
• Regus leased 11,368 square feet at 16165 N 83^rd Ave. Kevin Calihan with CBRE represented Regus.
• Arrowhead Advertising expanded to 14,043 square feet and Arizona Integrated Physicians renewed and expanded into 7,861 square feet. Todd Kinney represented Arrowhead Advertising and Vince Femiano with Transwestern represented Arizona Integrated Physicians.

The 7.7-acre Peoria Center at Arrowhead is at the southeast corner of Paradise Lane and 83rd Avenue.

Phoenix

• Arizona Urgent Care LLC leased 3,680 square feet at 7952 North 43rd Ave. Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the landlord, Andrea Noelle Donfeld. Ken Elmer of Commercial Properties Inc. represented the Tenant.
• NextCare Urgent Care signed a 4,086-square-foot lease at 8101 N. 19^th Ave, the site of a former O'Reilly Auto Parts store. Andy Kroot with Velocity Retail Group LLC represented the landlord, Kling/Stong Trust. SRS Real Estate Partners represented the tenant.

Scottsdale

• Occidental Fire & Casualty signed a seven-year lease for 18,100 square feet at Canyon Village, Building B, 18867 N. Thompson Peak Pkwy. Mike McQuaid and Chris Krewsons with Lee & Associates represented the tenant in the transaction. Brad Anderson, Mike Strittmatter and Bryan

Scottsdale

• Ethology Inc. leased 17,511 square feet at Scottsdale Forum, 6263 N.Scottsdale Rd. from CP/IPERS Prince Forum of Los Angeles, CA. Justin Himelstein and Jason France with Cassidy Turley represented the tenant, while Greg Mayer of Cushman & Wakefield of Arizona Inc. represented the landlord.
• Response marketing leased 5,615 square feet at 14350 N. 87th St. Richard Gobeille of Rein and Grossoehme represented the tenant and Jeff Wentworth and Sean Spellman of Cassidy Turley represented the landlord, MIREF Northsight LLC.

Tempe

• J-Curve Technologies LLC leased 13,671 square feet at Hohokam Court, 2005 West 14th St. Mollie Jackson with Cassidy Turley represented the landlord, Hohokam III Developers of Phoenix. Mark Linsalata of Lee & Associates represented the tenant.
• 1^st United Door Technologies LLC leased 69,471 square feet at Geneva Industrial 1016 West Geneva Dr. Bruce Calfee and Josh Wyss, of Cassidy Turley represented the tenant Steve Sayre and Pat Harlan, also with Cassidy Turley, represented the Phoenix-based landlord, CLPF Geneva Industrial LP.

TEXAS

Addison

• Remington Hotel Corporation leased 21,270 at 5050 Quorum. Jones Lang LaSalle's Jeff Eckert, Blake Shipley and Clint Coe represented the landlord, Billingsley Co. Jim Montgomery with Swearingen Realty Group represented the tenant.

Arlington

• Arlington Oaks Medical Clinic signed a new 3,636-square-foot lease at 201 Billings St. at the Arlington Oaks campus. Judy Nitzinger with SCM Real Estate Services represented the landlord in this transaction.

Austin

• Binswanger Glass leased 12,000 square feet at 3804 S. Congress Ave. The glass company will relocate from its 10,000-square-foot location at 1416 S. Lamar later this month. John Heffington, with CBRE represented the tenant in the transaction with landlord Riverside Resources (also the landlord at 1416 S. Lamar).
• Cricket Wireless leased 1,200 square feet at Stassney Crossing, at the southeast corner of Interstate 35 Stassney. David Schoenemann of Retail Solutions represented the landlord, and MC Larson of San Antonio represented the tenant.

Cedar Park

• Kapsner Chiropractic Centers leased 2,000 square feet at The Depot, 401-402 E. Whitestone Blvd.Brian Harris and Alan Rust of Retail Solutions represented the landlord, and Monica Moore of Live Oak Gottesman represented the tenant.

Dallas

• 31000 FT leased 3,991 square feet of office space in Prestonwood Place, 15400 Knoll Trail Dr.from Prestonwood Realty LLC. Sharon Friedberg and Melanie Hughesof Bradford Commercial Real Estate Services represented the landlord. David Dees of Case Commercial Real Estate Partners represented the tenant.
• American Arbitration Association leased 8,452 square feet of office space at Galleria North Tower II, 13727 Noel Rd. Steve Jarvie with Jones Lang LaSalle represented the tenant. CBRE's Dennis Barnes and Hunter Lee represented the landlord, Metzler North America.
• Brooksource & Technical Youth LLC leased 2,544 square feet at 3500 Oak Lawn. Blake Shipley and Ken Quinlan represented the landlord, Caddo Holdings. Swearingen Realty Group's Dan Woldert and Preston Knowlton represented the tenant.
• Regus renewed its 14,842-square-foot lease at Park Place on Turtle Creek, 2911 Turtle Creek Blvd. Jeff Eckert and James Esquivel with Jones Lang LaSalle represented the landlord, Dividend Capital Diversified Property Fund. Steve Rigby, Baron Aldrine, Peter Danna, Mike Kay and Mike Cleary with CBRE represented the tenant.
• Steven Way CPA, PC leased 1,001 square feet of office space in Parkway Plaza II, 14114 Dallas Pkwy. from Hartman Parkway LLC. Sharon Friedberg and Melanie Hughes with Bradford Commercial Real Estate Services, represented the landlord in the direct deal.

Farmers Branch

• American Medical Response renewed its 10,080-square-foot lease at 4355 N. Beltwood Pkwy. Forshey Hoobler with Jones Lang LaSalle represented the tenant. Matt Middendorf with Cresa represented the landlord, Raymond Construction.

Frisco

• Telligent Systems Inc. leased 24,230 square feet of office space in Hall Office Park at 3000 Internet Boulevard. Steve Thelen and Doug Carignan with Jones Lang LaSalle represented the tenant. Tammy Nellis with Hall Financial Group represented the landlord, Hall Office Portfolio DB LLC.

Houston

• Integrated Flow Solutions Inc. leased 6,512 square feet of office space at Aberdeen Commerce Center, 9807 Whithorn in northwest Houston. Griff Bandy and Jon Silberman of NAI Houston represented the tenant in this transaction. Aberdeen Center, Ltd. is the landlord of the property.
• Newsco leased 6,592 square feet at Three Allen Center, 333 Clay Street. Griff Bandy and Jon Silberman of NAI Houston represented the tenant in the lease transaction. Margaret Sigur and Clint Bawcom of Brookfield Office Properties Inc. represented the landlord.
• PSF Group leased 54,891 square feet of office space at 2600 North Loop West. Jon Silberman, Griff Bandy and Vince Gyorgy of NAI Houston represented the tenant in the transaction. Richard Barbles and Stewart Smith of Fuller Realty Partners LLC represented the landlord.
• United Rentals leased a 47,500-square-foot industrial facility on 7.5 acres at 6331 Liberty Rd. Ross Thomas and Reed Vestal of the Finial Group represented the landlord, while Chris Armstrong with Fischer & Company and Coe Parker with Cushman & Wakefield represented the tenant.

Irving

• G2 Secure Staff leased 11,315 square feet at Canal Centre, 400 E. Las Colinas Blvd James Esquivel and Blake Shipley with Jones Lang LaSalle represented the landlord, LaSalle Investment Management. JLL's Alan Wood represented the tenant.

Pasadena

• FlexiPlus LLC leased 10,500 square feet of industrial space at the Jasmine Warehouse Project - 1905 Jasmine. Dan Nguyen and Doyle Toups of Moody Rambin represented the Landlord, V & W Leasing.

Plano

• IDM Group LLC renewed 8,091 square feet of industrial space in Jupiter Business Park Building 3, 2512 Summit Ave. Joe Santaularia with Bradford Commercial Real Estate Services represented the tenant. Ryan Wolcott of Stream Realty Partners LP represented the landlord, G&I VII Jupiter Business LP.
• J. Marc Hess of Chicago Title leased 6,116 square feet of office space in Preston Pointe Centre, 1400 Preston Rd., from Intercity Investment Properties Inc. Sharon Friedberg and Melanie Hughes with Bradford Commercial Real Estate Services represented the landlord. Alex Reedy and Scott Jessen of Citadel Partners represented the tenant.

Round Rock

• Geico Insurance leased 1,200 square feet at Round Rock Crossing 3021-3203 S Interstate 35. Cole Brodhead of Retail Solutions represented the tenant, and Adam Zimel and Britt Morrison of the Weitzman Group represented the landlord.

San Antonio

Arise Ministries International renewed its 6,341-square-foot space at Waterford Square, 4218 Thousand Oaks Dr. Kay Lewis of Retail Solutions represented the landlord.

Molina Clyde Dentistry, represented by Sean Regan of Phelps Commercial Realty, leased 2,455 square feet.

• Ryan Harrison and Seth Prescott of Stream Realty Partners represented the landlord of Stone Oak Centre at Knights Cross, 19298 Stone Oak Pkwy. in two new leases:
• Venture Point leased 3,502 square feet. Austin Devoto of ReQuest Investments and Realty represented the tenant.

Webster

Valspar Corporation leased an 11,647-square-foot industrial facility at 16910 Texas Ave. Taylor Schmidt and Reed Vestal of Finial Group represented the landlord, Warehouse Associates while Bill Buntyn and Trey Erwin of Colliers International represented the tenant.

CAPITAL MARKETS

ARIZONA

Peoria

• Plaza Medical and Research Center, Phase II LLC obtained $3.4 million in financing for Plaza Medical & Research Center II, a 33,738-square-foot medical office building at 13090 North 94th Dr. John Kinser with NorthMarq's Phoenix regional office, arranged first mortgage refinancing based on 10-year term and a 25-year amortization period. NorthMarq arranged this financing for the borrower through its relationship with a life company lender.

Tucson

• San Simeon East Golf Links, LLC obtained $2 million in financing for the 70-unit San Simeon Condominiums, at 6091-6141 E. Golf Links Rd. John Kinser and Luke Donahue of NorthMarq's Phoenix regional office arranged financing based on 10-year term and a 30-year amortization period. NorthMarq arranged this financing through its relationship with a life company lender.

EXECUTIVE MOVES

ARIZONA

Phoenix

• Donald Morrow has been named regional manager of Marcus & Millichap Real Estate Investment Services' Phoenix office. Prior to joining Marcus & Millichap, Morrow was with Grubb & Ellis Co. for 30 years as an agent, president of the western region and managing principal/partner for the firm's Phoenix office. During his tenure with Grubb & Ellis, its Phoenix office grew from 49 agents to 80 agents with revenue growth of more than 300%. Morrow has also been a partner/owner with Biltmore Holdings, where he was an asset manager and property manager for a one million-square-foot institutional-quality office and industrial property portfolio. Morrow received a Bachelor of Science degree in Business Administration from Arizona State University and has been on the advisory board of the Arizona chapter of the Urban Land Institute.

TEXAS

Houston

• Todd Gaines has been promoted to director, Wood Partners. In his position, will oversee the development, design and financing of construction in South Texas, including Houston and San Antonio. Gaines joined Wood Partners in 2007 and has been instrumental in the financing, development, and management of more than 2,000 housing units valued at more than $225 million. Prior to joining Wood Partners, Gaines was an attorney with Houston-based Dabney & Pappas where he specialized in real estate litigation.Gaines earned a master's degree in business from University of Texas McCombs School of Business, a law degree from South Texas College of Law and a bachelor's degree from Washington and Lee University. He is a member of the Associate Council of the Real Estate Finance and Investment Center at UT Austin's McCombs School of Business.