Vestis Group Negotiates Retail Lease For Deportes America Soccer Shop In Midtown Phoenix | CEM
By Celina Busse | Commercial Executive Magazine | July 2, 2020
Vestis Group Negotiates Retail Lease For Deportes America Soccer Shop In Midtown Phoenix
Vestis Group negotiated a 2,575 SF retail lease for Deportes America Soccer Shop, in Midtown Phoenix’s 16th Street Corridor, at 2016 N 16th Street, Phoenix, AZ 85006.
(Phoenix – July 2, 2020) – Vestis Group, a commercial brokerage and investment firm, is pleased to announce the completed lease for Deportes America Soccer Shop, in Midtown Phoenix’s 16th Street Corridor, at 2016 N 16th Street, Phoenix, AZ 85006.
“We are excited Deportes America Soccer Shop decided to stay long term,” says Matt Morrell, President of Retail Investments at Vestis Group and the lead broker for this transaction, “Deportes America Soccer Shop has been a staple of this shopping center for over 26-years. Customers come from all over the Valley to shop at this store and visit with the owners who have been active in the Phoenix Soccer community for almost three decades. Deportes America Soccer Shop sells all things soccer, including custom uniforms, apparel, footwear, soccer equipment, trophies and memorabilia. Deportes America Soccer Shop is located in the north end of the Coronado16 shopping center, which includes State Farm Insurance, Cricket Wireless, Berry Divine Acai Bowls, SPACE Wellness and Rosana’s Beauty Salon.”
The Phoenix based Vestis Group commercial brokerage team of Natan Jacobs and Matt Morrell negotiated the lease on behalf of the tenant, Deportes America Soccer Shop, and the landlord, a private investor from Phoenix, Arizona. Vestis Group provides tenant representation services to select national, regional and local tenants with their expansion plans throughout Arizona.
Vestis Group is the broker of choice for individuals and institutions investing in multifamily residential and commercial real estate throughout Metropolitan Phoenix. Our advisors assist clients in the acquisition and disposition of multifamily investment and retail investment assets, including, apartments, bulk condo packages, duplex/triplex/fourplex properties, single-family rental portfolios (SFR Portfolios), income producing single-family investment properties, neighborhood strip centers, retail power centers, retail strip centers, neighborhood grocery, retail PAD and retail shopping centers. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed, and sold thousands of apartments units, condos, single-family homes and home sites.
About Vestis Group
Vestis Group is a leading Multifamily Investment sales and Advisory Services firm with a proven track-record of providing value added brokerage services coupled with innovative and ongoing real estate investment strategies.
We specialize in Phoenix Apartments For Sale.
Our mission is to ensure that owners and investors receive the most efficient research, marketing, real estate consultation and transaction services available. We pride ourselves on our ability to deliver added value to our clients by building uncompromising and long-lasting relationships with our partners.
Vestis Group serves multifamily owners and investors with a full suite of commercial real estate services, including Buyer Representation, Tenant Representation, Project Marketing & Sales, Asset Management, Project & Development Services, Research and Consulting.