GPE Commercial Advisors October 2011 Deal Summary

Nov. 30, 2011 - PRLog -- November 12, 2011 (Phoenix, Ariz.)

In October 2011, GPE Commercial Advisors (www.gpe1.com) reported closing six purchase transactions for $2.9M (37,492 square feet) and 12 lease transactions for $2.1M (31,937 square feet). Combined, GPE represented 18 completed transactions for $5M totaling 69,429 square feet. Additionally, GPE Management Services successfully provided construction supervision for 11 capital and tenant improvement projects totaling $245,000 during the month.

Summary of transactions available for publishing:

Sales

Scottsdale, AZ - Diamondback Commons III, LLC purchased 12,360 SF for $1,250,000 at 7631 East Indian School Road. Kevin Helland, MBA, and Nicholas A. Pelusio represented the seller.

Office Sales

Phoenix, AZ - Aldo purchased 5,863 SF for $600,000 at Chauncey Ranch Offices, 7010 East Chauncey Lane. Bret Isbell represented the seller.

Medical Leases

Mesa, AZ - A chiropractic center leased 4,223 SF at Alma School Corporate Center III, 1839 South Alma School Road. Kathleen M. Morgan, CCIM, and Nicholas A. Pelusio represented the landlord.

Scottsdale, AZ - A plastic surgery center leased 1,855 SF at Grayhawk Medical Plaza, 20401 North 73rd Street. Julie A. Johnson, CCIM, represented the tenant.

Office Leases

Mesa, AZ - An OB/GYN practice leased 3,628 SF at Power Medical Center, 215 South Power Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Scottsdale, AZ - An engineering group leased 1,944 SF at Scottsdale Commerce Center, 15455 North Greenway-Hayden Loop. Tim Phillips represented the tenant.

Gilbert, AZ - An irrigation consultanting company leased 1,360 SF at 1420 North Greenfield Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Scottsdale, AZ - An investment advisor company leased 1,196 SF at 7231 East Princess Boulevard. Sarah Weddle represented the tenant.

Mesa, AZ - A security hardware and installation service leased 264 SF at Alma School Corporate Center III, 1839 South Alma School Road. Kathleen M. Morgan, CCIM, and Nicholas A. Pelusio represented the landlord.

Retail Leases

Scottsdale, AZ - A spa leased 5,564 SF at Camelback Tower, 6900 East Camelback Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Scottsdale, AZ - A jeweler leased 2,481 SF at Camelback Tower, 6900 East Camelback Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Scottsdale, AZ - An on-demand document printing company leased 1,292 SF at Southwest Jet Corporate Center, 15010 North 78th Way. Tim Phillips represented the landlord.

Peoria, AZ - A glass company leased 1,400 SF at Corporate Center, 2432 West Peoria Avenue. Sarah Weddle represented the landlord.

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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 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.

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.

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GPE Companies offers complete commercial real estate services for property management, sales and leasing.