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Lee & Associates Arizona

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3200 E. Camelback Rd., Suite 100 Phoenix, AZ 85018
Phoenix, Arizona - 85018 United States
Phone: 602-956-7777
Website: http://www.leearizona.com

Now in its 25th year, Lee & Associates Arizona specializes in providing exceptional commercial brokerage services to the industrial, office, investment, multifamily, and land sectors of the Phoenix commercial real estate market. The Phoenix office was established in 1991 and is now recognized as one of the most successful brokerage firms in the state. Each of our 57 North American offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network.

Tempe Parcels Totalling 5.3 Acres Trades for $3.2M future Alamo Drafthouse, Retail

Tempe Parcels Totalling 5.3 Acres Trades for $3.2M future Alamo Drafthouse, Retail

Three commercial land parcels that total 5.3 acres just east of the northeast intersection of Rural and Baseline roads, has sold for $3,200,000. Price per SF was calculated at $13.91 per SF.The property will be developed featuring two retail components;…

Scottsdale Business Center Sells for $7.3M in Potential Redevelopment Opportunity

Scottsdale Business Center Sells for $7.3M in Potential Redevelopment Opportunity

The Fincham Dempsey Team at Lee & Associates Arizona is pleased to announce the sale of the 56,439 SF Scottsdale Business Center, 13402 N. Scottsdale Rd., Scottsdale, for $7,300,000. The 4.27 acre property is a potential redevelopment opportunity and is…

Deer Valley Showroom/Warehouse Sells for $1.37 Million to Veterinary Business

Deer Valley Showroom/Warehouse Sells for $1.37 Million to Veterinary Business

A freestanding industrial showroom/warehouse at 18453 N. 7th Ave., Phoenix, has sold to a veterinary business for $1,374,000 or $122.94 per SF. The buyer, 1st Pet Vet Centers, will occupy the entire space.Lee & Associates principals Mark Linsalata and Jerry…

Sought-After Midtown Phoenix Multifamily Asset Sells for $19 Million

Sought-After Midtown Phoenix Multifamily Asset Sells for $19 Million

Club 7 Apartments, a 219-unit, urban infill multifamily community at 3030 N. 7th St., Phoenix, sold for $19,000,000 or $86,758 per door.Lee & Associates brokers Todd Braun, Principal and Bryson Fricke, Associate sold the property on behalf of 3030 North…

Scottsdale Airpark Building Trades for $3.91M to Undergo Extensive, State-of-the Art Reno

Scottsdale Airpark Building Trades for $3.91M to Undergo Extensive, State-of-the Art Reno

A 35,077 SF manufacturing building at 15550 N. 78th St., Scottsdale, sold recently for $3,910,000 or $111.47 per SF.Lee & Associates Principal Steve Farrell represented the buyer, MBBE AZ, LLC, Scottsdale while Lee Principals Stein Koss, Tom Louer and Associate…

Scottsdale, Glendale Commercial Land Parcels Sold for $6.3 Million in Two Deals

Two separate commercial land transactions totalling 19 acres, one in Scottsdale and one in Glendale, sold for a combined $6,294,390.Lee & Associates Principals Robert Kling and Dave Johnson negotiated both sides of each deal.An 11-acre parcel in the D.C. Ranch…

Former Ashley Furniture Warehouse Sells for $3.95M to RacePro Products

A 140,651 SF former Ashley Furniture distribution building at 2929 NW Grand Ave., Phoenix, has recently sold to RacePRO Products for $3,950,000. Price per SF was calculated at $28.08.Lee & Associates Arizona Principals Rick Robertson and Scott Smith negotiated the…

Four Tempe Industrial Properties Trade for $4.1M at Eaton Freeway Park

Four Tempe industrial warehouse buildings totalling 62,287 SF recently sold in two separate transactions for a combined $4,075,000 or $65.42 per SF.Lee & Associates Principal Ken McQueen represented the owners, GD Eaton Freeway, LLC, Providence, RI in both deals.Huntington Geneva,…

Washington Federal Signs Long-term, 9,793 SF Lease at Scottsdale Spectrum

Washington Federal signed a 10-year, 9,793 SF lease at Scottsdale Spectrum, 6720 N. Scottsdale Rd., Scottsdale. Lease commencement is scheduled for Q3 2017.Lee & Associates Principals Adam Tolson and Jim Watkins represented the landlord, Globe Corporation, Scottsdale. Glenn Smigiel of…

Circle K Stores Renews, Expands to 10+ Year, 104,321 SF Back Office Lease

Circle K Stores Renews, Expands to 10+ Year, 104,321 SF Back Office Lease

Circle K Stores renewed and expanded its presence at Warner Crossing at their currently occupied space at 1130 W. Warner Rd., Tempe, while expanding into 1120 W. Warner Rd. for a total of 104,321 SF (75,489 SF at 1130 W.…

Lee & Associates Brings on Investment Team, Adding More Talent to Seasoned Group

Lee & Associates Brings on Investment Team, Adding More Talent to Seasoned Group

Lee & Associates in Phoenix is pleased to announce the addition of Steven Gonzalez, Marcus Muirhead and Greg Guglielmino as Investment Principals joining Lee's existing Investment Group.Prior to joining Lee, the veteran group most recently worked as investment brokers at…

Lee & Associates Runs the Bases With 94,885 SF, $7 Million Industrial Sale

Lee & Associates Runs the Bases With 94,885 SF, $7 Million Industrial Sale

A 94,885 SF industrial distribution property at 2021 E. Jones Ave., Phoenix, sold for $7,068,932 or $74.50 per SF to a national moving and storage company.Lee & Associates Principal Matt McDougall represented the building owners, Cohen Asset Management, Los Angeles,…

North Scottsdale Land Sold for $7.1 Million for Retail, Office, Multifamily Project

North Scottsdale Land Sold for $7.1 Million for Retail, Office, Multifamily Project

A 4.5 acre land parcel at the SWC of Scottsdale Rd. & Chauncey Ln., Scottsdale, sold for $7,128,728 or $36.33 per SF.Lee & Associates Principal Bob Kling negotiated the sale on behalf of the buyer, Chauncey Retail Partners, Tempe and…

International Buyer Takes 90,463 SF Manufacturing Building in Phoenix for $5.65 Million

Lee & Associates is pleased to announce the sale of a 90,463 SF industrial manufacturing building at 4501 W. Polk St., Phoenix, for $5,650,000 SF. Price per square foot was calculated at $62.46. The property was vacant at the time…

Lee & Associates, RSP Architects, Wespac Tapped to Reposition Renaissance Square

Lee & Associates, RSP Architects, Wespac Tapped to Reposition Renaissance Square

Owners of Renaissance Square, Downtown Phoenix's iconic office towers at 2 and 40 N. Central Ave., have engaged Lee & Associates, RSP Architects and Wespac Construction to completely reimagine the nearly one million square foot Class A property.The ownership group,…

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