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25 Nov2013

Commercial Properties, Inc./CORFAC Reports On October Transactions

Contact: Jason Price
Phone (480) 214-1107
Fax (480) 966-2307
jprice@cpiaz.com

Tempe, AZ (November 25, 2013) —Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is happy to report its Top Five October transactions.

In total the firm completed 137 transactions in October for a total of 1,318,832 square feet.

Leading the Lease Transactions Category, Tenant Representative Ken Elmer brokered an agreement with Arizona Urgent Care, LLC, for 5 spaces, totaling $4,987,600.

In industrial sales, John Soldo and Leroy Breinholt sold a 13,000 SF Property at 17066 S 54th St, Chandler, to OMD Holdings, totaling $607,500.  The property includes an industrial warehouse, office and yard.

Sr. Corporate Services VP Jeff Hays and Corporate Services VP Chad Neppl leased out 15,553 SF of industrial space at 3530 E Atlanta Ave, Phoenix, for $432,778.

Land Group Vice President Donn Kinzle and Sr Vice President Ron Schooler worked together to sell 762,300 SF of Goodyear land to Goodyear Care Group, LP, for $1,950,000.

Lastly, in the company’s largest transaction for the month, two of CPI’s Retail Group leaders - Trent Rustan and Josh Gosnell - brokered a 12,900 SF, $2,381,200 purchase agreement for TBV-WB, LLC at 11201 N Scottsdale Road.

About Commercial Properties Inc./CORFAC International
CPI is a CORFAC International affiliate, full-service Brokerage and Property Management firm for all product types. Headquartered in Tempe, the company has more than 50 brokers and occupies two offices locally. Currently, CPI's listings include more than 55.5 million square feet for sale/lease, and 130 projects under property management, totaling approximately 4.5 million square feet. Please visit our web site at www.cpiaz.com.

 

MEDIA CONTACT

Patricia True Agos
773-758-5044
patricia@ktpronline.com

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