GPE Companies Reports Commercial Real Estate Transactions for June 2012

July 26, 2012 - PRLog -- July 26, 2012 (Phoenix, Arizona) - GPE Companies (gpe1.com) reports closing 15 commercial real estate transactions in the amount of $6.9M for 136,038 square feet in June 2012. In property management, GPE concluded construction supervision of a 4,761 square-foot tenant improvement project totaling over $100,000.

Sales — over 10,000-square-feet:

Gilbert, AZ - MD 1620 W Sunrise, LLC purchased 74,550 SF for $2,725,000 at Sunrise Business Park, 1620 W Sunrise Blvd. Bret Isbell and Russell Fine represented the seller.

Phoenix, AZ - Yu Chu Inc. purchased 20,420 SF for $610,000 at 734 West Highland Avenue. Bret Isbell and Russell Fine represented the seller.

Gilbert, AZ - William Dillard, LLC purchased 20,418 SF for $1,350,000 at 220 North William Dillard Drive. Bret Isbell and Russell Fine represented the seller.

Sales — under 10,000-square-feet:

Phoenix, AZ - JG & AR Investments, LLC purchased 2,910 SF for $249,000 at 1530 West Indian School Road. Nicholas A. Pelusio and Kevin Helland, MBA, represented the seller.

Additional Transactions of Note:

New Medical Office Leases

Phoenix, AZ - A primary care practice leased 1,676 SF at Foothills Health Center, 4530 East Ray Road. Nicholas A. Pelusio represented the landlord.

Phoenix, AZ - A medical laboratory leased 1,674 SF at Metro Medical Plaza, 3201 West Peoria Avenue. Julie A. Johnson, CCIM, Bret Isbell and Russell Fine represented the landlord.

New Office Leases

Glendale, AZ - An escrow and title insurance company leased 2,596 SF at Arrowhead Ranch, 20359 N 59th Ave. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

Mesa, AZ - A security system design and installation company leased 1,293 SF at Alma School Corporate Center III, 1839 South Alma School Road. Nicholas A. Pelusio and Kathleen M. Morgan, CCIM, represented the landlord.

Scottsdale, AZ - A software development company leased 1,056 SF at Camelback Tower, 6900 East Camelback Road. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord.

Glendale, AZ - A geriatric care management company leased 1,017 SF at Citadelle, 19420 North 59th Avenue. Trisha A. Talbot, CCIM, and Kathleen M. Morgan, CCIM, represented the landlord and Dave Sampson represented the tenant.

Mesa, AZ - A legal service leased 1,000 SF at First Financial Plaza, 1550 S Alma School. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

New Retail Leases

Scottsdale, AZ - A jeweler leased 2,294 SF at Camelback Tower, 6900 East Camelback Road. Kathleen M. Morgan, CCIM, and Trisha A. Talbot, CCIM, represented the landlord.

About GPE:
Established 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. 2012 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.

GPE Companies
2777 East Camelback Road, Suite 230
Phoenix, Arizona 85016
480-994-8155 | www.GPE1.com