Newmark Grubb Knight Frank Details Recent Sales And Leasing Activity

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Newmark logoSales

Wells Fargo Bank N.A. sold 15,976 square feet of retail space at 7083 W. Craig Rd., to Craig 95 Holdings, LLC. Total consideration was $3,725,000.00. Nelson Tresler and Michael Zobrist of Newmark Grubb Knight Frank represented the buyer in the transaction.

AMP Development, LLC sold 4,051 square feet of industrial space at 2551 E. Washburn Rd., to 2567 E. Washburn Rd, LLC. Total consideration was $325,000.00. Ben Millis, Chris Beets, and Dave Wrzesinski of Newmark Grubb Knight Frank represented the seller in the transaction. Dan Doherty of Colliers International represented the buyer in the transaction.

Leases

Crossqueens Fitness, LLC dba Orangetheory Fitness leased 3,290 square feet of retail space at 4245 S. Grand Canyon Dr, Ste 109, from E-Grand Ventures, LLC. NGKF has currently leased out 90% of the shopping center leaving only 2 spots available. Total consideration was $366,808.32. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.