PHOENIX—Helix, a Phoenix-based commercial realestate brokerage, management, investment services and developmentcompany, recently acquired two new commercial properties: PebbleCreek Plaza Retail Pads in Goodyear and Zanjero Falls inGlendale.
Located at Pebble Creek Parkway and Virginia Avenue in Goodyear,Pebble Creek Plaza Retail Pads includes a 39,204-square-footdevelopment pad that is now ready for development orbuild-to-suite, as well as a 29,612-square-foot land lease, whichis leased by Kentucky Fried Chicken through 2029. The property waspurchased for $1.05 million from Eagle SPE MultiI, Inc. The broker for the seller wasJustin Cirell of R.O.I.Properties, and the broker for the buyer was MattLyons of The Hogan Group, LLC.
Ryan Spiekerman, founding principal of Helix,tells GlobeSt.com that Helix was able spin off thelease to make the second pad developable.
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