Paseo Family Physicians Leases at Arrowhead Commons

By Champion in : News // Apr 30 2004

Glendale – A company formed by Valley physicians Kevin Turner, Graeme Tolson, Joe Raynak and Eric Honing paid just over $2.363 million to purchase 15,507 sq. ft. of office space in two buildings at 18275 N. 59th Avenue in Glendale. The seller was a partnership formed by investor Ricky Lyons of Champion Partners in Scottsdale. The deal was negotiated by Tom Weinhold of NAI Horizon Commercial Real Estate Services in Phoenix, and Dale Cavan of Cavan Commercial in Scottsdale. The offices are within the 14-building Arrowhead Commons project. Paseo Family Physicians (a medical practice owned by the physicians) will occupy about 9,000 sq. ft. of a 12,750-square-foot building. The remainder of that space will be leased to two medical tenants. The other 2,707 sq. ft., which is part of a 5,520-square-foot structure, has been leased to another medical practice.