Hopebridge, a national autism therapy center, has signed leases at two properties represented by Menlo Group.
Tempe, AZ, October 19, 2020–Menlo Group Commercial Real Estate has successfully negotiated multiple transactions involving Hopebridge, a national autism therapy center.
“We enjoyed being a part of these recent transactions,” said Steve Berghoff, CCIM, SIOR, of Menlo Group. “Hopebridge is a fantastic addition to the properties, and we know these great locations will enable the center to better provide personalized therapy to children and their families.”
Hopebridge recently signed an eight-year lease at 5220 N. Dysart Rd., Bldg. C, in Litchfield Park, Ariz. The tenant was represented by Matt Waggoner and Kyle Seeger of JLL, and the landlord, Lear Leasing, Inc., was represented by Berghoff and Stuart Milne, CCIM, of Menlo Group.
With recent improvements and a long-term tenant in place, the Menlo Group team then assisted in the sale of the 10,450 sq. ft. freestanding office building for $2.5 million. The buyer, Pomona Properties, LLC, was represented by Kurt Nishimura of Coldwell Banker Biltmore.
“I’ve enjoyed working with Menlo Group to buy, lease out and now sell this building,” said Brian DePorzio of Lear Leasing, Inc. “I’m excited for the new tenant and owner to enjoy such a great space.”
Hopebridge also signed a lease at Baywood Health Center, located at 6550 E. Broadway Rd. in Mesa, Ariz. The group will occupy the first floor of the building, which totals 12,827 sq. ft. Waggoner and Seeger again represented Hopebridge, while the landlord was represented by Berghoff and Menlo Group President Tanner Milne, MBA, CCIM, SIOR.
“Menlo Group has been instrumental in bringing the transaction at Baywood Health Center to a successful close and creating a win-win situation for both Hopebridge and the landlord,” said Assi Mahfouz of Legend Real Estate Management that manages the site. “The Menlo Group team is committed to excellence and has a very strong work ethic. We truly enjoy partnering with Menlo Group on our properties.”
Menlo Group Commercial Real Estate is a full-service commercial real estate brokerage and property management company headquartered in Tempe, Ariz. We specialize in buyer/tenant representation, seller/landlord representation, investment services, real estate consulting and property management. We exist to support clients, advisors and employees in their professional objectives through effective real estate strategies. Please check out our press releases for more information on our notable commercial real estate transactions.