Vestis Group Negotiates Retail Lease For Deportes America Soccer Shop In Phoenix, Arizona
FOR IMMEDIATE RELEASE – June 25, 2020
VESTIS GROUP NEGOTIATES RETAIL LEASE FOR DEPORTES AMERICA SOCCER SHOP IN PHOENIX, ARIZONA
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 – June 25, 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.
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