PHOENIX—In this edition of Deal-Tracker, Cushman &Wakefield of Arizona, Inc. negotiated a long-term leaserenewal at Granite Commerce Center, 405 N. 75th Ave.,Suite 180, for a lamination distribution company. The lease renewalof 15,988 square feet is for USI Inc. of Madison,CT. USI markets roll and pouch laminating machines and films,binding equipment and supplies and many other office accessoriesincluding photo ID systems and mounting and display boards.Keri Scott, Jackie Orcutt andJohn Grady of Cushman & Wakefield representedthe tenant, USI. Kyle Westfall ofJLL represented the landlord, CrowHoldings of Dallas.

-PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated a14,278-square-foot lease at Camelhead Square, 3033 N.44th St., bringing the property to 80 percent capacity.This is a new lease for DriveTime Automotive Group,Inc., the leading used vehicle retailer in the UnitedStates, providing additional office space for their expandingbusiness. Other tenants include Hill & Usher andSovereign Healthcare. Chris Latvaaho,Chris Nord and MichaelWhite of Cushman &Wakefield represented thelandlord, Sun Life Assurance Company of Phoenix.Tom Adelson of CBRE representedthe tenant.

-PHOENIX—Cushman & Wakefield of Arizona, Inc. negotiated the$4.05 million sale of the Briarwood Apartments, a multi-familyproperty located at 3450 W. Missouri Ave. Briarwood was built in1983 and contains seven buildings and 126 units. The property was90 percent occupied at the time of the sale. EdwardSibley of Phoenix sold the property toDavid Barnes of Vancouver.Brett Polachek and JimCrews of Cushman & Wakefield represented the buyer inthe transaction.

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