Downtown Phoenix Warehouse District New Marketing

The
Downtown
Experience

WAREHOUSE DISTRICT

Downtown Phoenix (August 2017)

Van Buren St.

10 E Jackson

Washington St.

Madison St.

Jackson St.

9th Ave.

7th Ave.
3rd Ave.
2nd Ave.
Lincoln St.

CONTACT: Sherman St.
Hadley St.
LARRY ORTEGA
602.222.5019 W Buckeye Rd.
[email protected]

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, rega
inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and dam

141 E Jackson

STADIUM LOFTS Jefferson St.
BUILT 2004 | 31 UNITS

1st St. SUMMIT @ COPPER SQUARE
BUILT 2008 | 165 UNITS
2nd St.
PHOENIX BALLPARK APARTMENTS
PLANNED

Buchanan St.
Central Ave. 5th St.
7th St.
Grant St.

arding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own
mages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2017. All rights reserved.

1 Multi-Property SOLD

2 Class C Buildings in Phoenix, AZ, having total size of 113,100 SF. SOLD

Recorded Buyer: Downtown PHX Storage LLC Recorded Seller: Marr/Imperial Properties, LLC 8/4/2017
802 N 3rd Ave 1815 E Palmaire Ave Page 1
Phoenix, AZ 85003 Phoenix, AZ 85020
(602) 957-0588
Malcom Marr

Recorded Buyer: - Recorded Seller: Wisotsky Properties LLC
210 S 4th Ave
Phoenix, AZ 85003

True Buyer: Wentworth Property Company True Seller: Marr/Imperial Properties, LLC
2701 E Camelback Rd 1815 E Palmaire Ave
Phoenix, AZ 85016 Phoenix, AZ 85020
(602) 296-0000 (602) 957-0588
James Wentworth Malcom Marr

Sale Date: 12/29/2016 (84 days on mkt) # of Properties: 2
Sale Price: $3,200,000 - Confirmed Total Size: 113,100 SF

Price/SF: - Total Land Area: 1.03 AC (44,867 SF)

Financing: Down payment of $3,200,000 (100.0%)
Comp ID: 3791525 – Research Status: Confirmed

2 45 W Buchanan St

Phoenix, AZ 85003 Maricopa County

Recorded Buyer: HF-MAC 45 W. Buchanan, LLC Recorded Seller: First Presbyterian Ch Of Phoen
12100 Wilshire Blvd (602) 254-6356
Los Angeles, CA 90025
True Seller: The Trustees of the Presbytery of
True Buyer: Montana Avenue Capital Grand Canyon
Partners LLC

Sale Date: 06/27/2017 Bldg Type: Class C Office
Sale Price: $2,625,000 - Confirmed Year Built/Age: Built 1945 Age: 72

Price/SF: $133.93 RBA: 19,600 SF
Land Area: 0.83 AC (36,155 SF)
PrFrma Cap Rate: -
Zoning: A-1, Phoenix

Parcel No: 112-23-002, 112-23-003A, 112-23-004
Financing: Down payment of $2,625,000 (100.0%)
Comp ID: 3940444 – Research Status: Confirmed

Copyrighted report licensed to Colliers International - 704452.

3 117-201 E Jackson St - 117-141 & 201 E Jackson St SOLD

Phoenix, AZ 85004 Maricopa County

Recorded Buyer: Old Alabama Investments LLC Recorded Seller: FM 117-141 Jackson Street LLC
4125 Old Milton Pky 18560 E Toh Vee Cir
Alpharetta, GA 30005 Fort Mcdowell, AZ 85264
(844) 242-2178 (480) 787-7000

True Buyer: The Scheduling Institute True Seller: Fort McDowell Enterprises LLC

Sale Date: 05/13/2016 Bldg Type: Class C IndustrialWarehouse
Sale Price: $2,050,000 - Confirmed Year Built/Age: Built 1950 Age: 66

Price/SF: $70.73 RBA: 28,984 SF
Land Area: 0.95 AC (41,382 SF)
PrFrma Cap Rate: -
Actual Cap Rate: - Zoning: PUD
Sale Conditions: Assemblage

Parcel No: 112-27-097, 112-27-098, 112-27-099, 112-27-100, 112-27-111E, 127-27-100 [Partial List]
Financing: Down payment of $2,050,000 (100.0%)
Comp ID: 3596835 – Research Status: Confirmed

4 411 S 1st St Maricopa County SOLD

Phoenix, AZ 85004 Recorded Seller: DK Real Estate Holdings LLC Map Page: Wide World of Maps,
PO Box 13334 Inc. 148-164LV
Recorded Buyer: 1st Buchanan LLC Phoenix, AZ 85002
6617 N Scottsdale Rd (602) 821-5026
Scottsdale, AZ 85250
True Seller: DK Real Estate Holdings LLC
True Buyer: Empire Commercial
Development, LLC

Sale Date: 05/23/2016 Bldg Type: Class C IndustrialWarehouse
Sale Price: $1,625,000 - Confirmed Year Built/Age: Built 1930 Age: 86

Price/SF: $60.52 RBA: 26,852 SF
Land Area: 0.32 AC (13,939 SF)
PrFrma Cap Rate: -
Actual Cap Rate: - Zoning: DTC-WARE
Sale Conditions: Redevelopment Project

Parcel No: 112-26-009
Financing: Down payment of $1,625,000 (100.0%)
Comp ID: 3603750 – Research Status: Confirmed

5 402 S 1st St SOLD

Phoenix, AZ 85003 Maricopa County

Recorded Buyer: 402 Warehouse LLC Recorded Seller: DBK Residuary Property LLC
6617 N Scottsdale Rd 801 Cherry St
Scottsdale, AZ 85250 Fort Worth, TX 76102

True Buyer: Camelback Real Estate True Seller: DBK Residuary Property
Associates Inc

Sale Date: 07/31/2017 Bldg Type: Class B Office
Sale Price: $1,275,000 Year Built/Age: Built 1928 Renov 2017 Age: 89

Price/SF: $69.96 RBA: 18,225 SF

Land Area: 0.47 AC (20,473 SF)

Parcel No: 112-26-006
Financing: -
Comp ID: 3968247 – Research Status: In Progress

Copyrighted report licensed to Colliers International - 704452. 8/4/2017
Page 2

6 10 E Jackson St Maricopa County SOLD

Phoenix, AZ 85004 Recorded Seller: FM 10 Jackson Street LLC Map Page: Wide World of Maps,
1850 E Toh Vee Cir Inc. 148-164LV
Recorded Buyer: 10 E Jackson LLC Fort Mcdowell, AZ 85264
1 N 1st St (480) 787-7000 SOLD
Phoenix, AZ 85004
(602) 253-8100 True Seller: Fort McDowell Enterprises LLC Map Page: Wide World of Maps,
Inc. 148-164LV
True Buyer: WebPT

Sale Date: 05/31/2016 Bldg Type: Class C IndustrialWarehouse
Sale Price: $666,575 - Confirmed Year Built/Age: Built 1906 Age: 110

Price/SF: $45.54 RBA: 14,638 SF
Land Area: 0.28 AC (12,197 SF)
PrFrma Cap Rate: -
Actual Cap Rate: - Zoning: DC-W, Phoenix
Sale Conditions: Deferred Maintenance

Parcel No: 112-27-072
Financing: Down payment of $666,575 (100.0%)
Comp ID: 3619339 – Research Status: Confirmed

7 1 E Jackson St Maricopa County

Phoenix, AZ 85004 Recorded Seller: FM 1 Jackson Street LLC
18560 E Toh Vee Cir
Recorded Buyer: 1 E Jackson LLC Fort Mcdowell, AZ 85264
1 N 1st St (480) 787-7000
Phoenix, AZ 85004
(602) 253-8100 True Seller: Fort McDowell Enterprises LLC

True Buyer: WebPT

Sale Date: 05/31/2016 Bldg Type: RetailBar
Sale Price: $358,925 - Confirmed Year Built/Age: Built 1906 Age: 110

Price/SF: $53.02 GLA: 6,770 SF
Land Area: 0.16 AC (6,970 SF)
PrFrma Cap Rate: -
Zoning: DC-W, Phoenix

Parcel No: 112-27-108
Financing: Down payment of $358,925 (100.0%)
Comp ID: 3619338 – Research Status: Confirmed

Copyrighted report licensed to Colliers International - 704452. 8/4/2017
Page 3

Copyrighted report licensed to C

Colliers International - 704452. 8/4/2017
Page 4

LARRY ORTEGA

Downtow

Experienc

wn

ce

DOWNTOWN EXPERIENCE

Larry Ortega is an Executive Vice President with Colliers As an enthusia
International, specializing in the sale and leasing of arts and cultur
commercial properties. He also represents leading national, opened two ar
regional and local tenants. Art and LUxx g
Art Detour eve
Since the mid-1980s, Larry has been involved with for Phoenix’s p
Downtown Phoenix real estate which included work on “mantra” and b
large projects such as the Arizona Center and the ASU Bring more foo
campus. These projects assisted in the transformation of
the downtown landscape and launched efforts to bring a He is a faith lea
new vibrancy and direction to the area. Larry’s passion for was instrumen
Downtown Phoenix, combined with his experience and Phoenix. As a f
vision, provides further inspiration for the revitalization of Arizona City Fe
the downtown community. over 150,000 p
Arizona City Fe
Larry and his team continue to foster and maintain strong Serve, a non-p
relationships with the City of Phoenix, facilitating regular relationships o
meetings with the mayor and city council members as and the busine
well as GPEC (Greater Phoenix Economic Council) and the in need. CityFe
Arizona Commerce Authority. In 2015, Larry was invited initiative were
to work with Lauren Allsopp of ASU Design to provide business leade
input for a study designed to reactivate Phoenix’s historic Warner serving
Warehouse District.

astic advocate and member of the Phoenix
ral community, Larry and his wife Sandra
rt galleries in the Arizona Center–the Obliq
galleries. He influenced ownership to sponsor
ents to include free parking and trolley service
popular monthly art walk, First Friday. Larry’s
business practice for Downtown Phoenix:
od, fashion, music and art!

ader and mentor at New City Church and
ntal in bringing his church to serve Downtown
faith leader, Larry served as co-chair of the
est, a music festival and celebration that drew
people to hear a message of love and hope.
est honored the accomplishments of City
profit organization fostering collaboration and
of care, uniting churches, city governments
ess community to provide services for those
est and the surrounding Season of Service
endorsed by nine Valley mayors, with
er Jerry Colangelo and NFL superstar Kurt
g as honorary co-chairs.

> N. NEC of 7th Street & Indian
School Road

> Represented buyer in the
acquisition of the property for
development of a self storage
facility and retail pad

> $2.6 land sale

7th St & Indian School Rd

> ±14,000 SF warehouse building
> Represented buyer and seller

on the property
> $1.1 sale

10 E. Jackson St

SUN UP BREWERY
> Represented seller on the sale

of the business and property
> $1.7 sale

330 E. Camelback RD

> Represented seller and buyer
in the sale of the property in
the warehouse district

> $1.1 bulk sale

1 E. Jackson St

> ±14,803 SF buildings
> ±55,313 SF lot
> Represented seller on the sale

of this redevelopment property

2121 & 2119 E Indian School RD

802 N Central AVE > Represented the seller of
the property

> Property on the market for
6 years

> Redevelopment site for multi
family keeping much of the
existing property

> ±13,685 SF building
> Represented seller on the

building and excess land on
the site

834 N 7th AVE

> ±13,600 SF building
> Represented seller on the sale

of the property
> $1.2 sale

2109 E. McDowell RD ARIZONA CENTER
455 N. 3rd St > Represented landlord on
7th St & Hatcher
the leasing of the property
> Shop space, restaurant

space lease renewals,
1,000,000 SF project

> NWC of 7th Street & Hatcher
> ±75,000 SF parcel
> Represented seller for a sale to

Circle K and development of a
new gas station

2 Be Fit > NWC of Indian School Road &
44th Street
Available
End-cap > ±2,627 SF restaurant
> Represented tenant for theLieden

Mitchell
Salon

lease of a new restaurant
> Arcadia location

Indian School Rd & 44th ST

> NWC of Camelback Road &
7th Avenue

> Represented lessor for the
assignment of the lease
on the property

> Starbucks represented
by others

Camelback rd & 7th Ave

> ±1,575 SF lease
> Represented tenant

and landlord

49 W Thomas Rd

FOR INFORMATION PLEASE

Larry Ortega Colliers Interna

EXECUTIVE VICE PRESIDENT 2390 E. Camelback

DIR +1 602 222 5019 Phoenix, AZ 8501
[email protected] www.colliers.co

This document has been prepared by Colliers International for advertisin
any kind, expressed or implied, regarding the information including, but n
inquiries as to the accuracy of the information. Colliers International ex
and excludes all liability for loss and damages arising there from. This pu

1300 N. Central Ave > ±19,788 SF former
office building

> Represented New City
Church on the acquisition
of the property

> $2.6 sale

> YWCA building
> 21,200 SF
> Represented buyer on the sale

of the property

755 E. Willeta > SWC of 7th Street & Van Buren
7th St & Van Buren > Represented seller in the sale

of the ±85,000 SF
former Mercado center to ASU
> First campus for ASU in
downtown Phoenix

E CONTACT

ational

k Rd Ste. 100
16
om

ng and general information only. Colliers International makes no guarantees, representations or warranties of
not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own
xcludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document
ublication is the copyrighted property of Colliers International and/or its licensor(s). ©2016. All rights reserved.