Venezia's New York Style Pizzeria opens new Chandler location … – Phoenix Business Journal

Venezia’s New York Style Pizzeria has opened a new location in Chandler. It is the chain’s sixth location in the Valley.
The new restaurant is at 1245 S. Price Road in Chandler.
“Chandler is a rapidly growing community, so it seemed like the perfect fit for our newest location,” Domenick Montanile, owner and president of Venezia’s New York Style Pizzeria, said in a statement. “The East Valley has really welcomed us over the years, so we wanted to continue to grow our strong presence there. One of our first locations was in Chandler so we are excited about being back and serving our authentic New York style pizza to the local community.” 
The new location features Venezia’s illuminated sign and kiosk ordering system. Other amenities include a spacious patio for outdoor dining, a firepit, eight flat-screen TVs and a large community style table. 
Venezia’s is hiring all positions for the new location including cooks, cashiers and delivery drivers. The chain also offers a management training program. 
In other retail news, Squeeze, a new massage concept started by the founders of beauty chain Drybar, has leased a 3,200-square-foot space at 4513 N. Scottsdale Road in Scottsdale across the street from Scottsdale Fashion Square and next to Sprinkles Cupcakes. The space will have 11 rooms and the company says it offers “a seamless and customizable massage experience.”
“Our vision at Squeeze is to transform communities for good so we’ve created a relaxing and hassle-free experience for our guests, as well as a positive and uplifting space for our team to come to work every day,” Squeeze’s co-founder and CEO Brittany Driscoll, said in a statement.
The concept started in 2019 in Los Angeles and has grown to 27 locations. Andrew Nicoll and Sam Lewis are growing the brand here in Arizona. The Scottsdale location is expected to open later this year.
Vault Storage and RV in Chandler sold for $25.5 million. The 150,260-square-foot storage and RV building, located at 12220 E. Riggs Road in Chandler, was acquired by an investor from Tucson under the limited liability company VRR-1 LLC. The seller, Vault at Riggs Road LLC, was represented by Denise Nunez and Victoria Filice of NAI Horizon in the transaction. The buyer represented itself in the negotiations.
Also in Scottsdale, Phoenix-based Arizona Oncology has opened its 15th practice in Arizona.
The 4,600-square-foot space at 8415 N. Pima Road, Scottsdale, features 14 treatment chairs and the capability for same-day biopsies.
With more than 70 physicians, Arizona Oncology is an affiliate of The US Oncology Network, which unites 1,400 independent doctors who share expertise and resources to advance cancer care and deliver better patient outcomes.
Physician specialists at the Scottsdale location include Dr. Edgar D. Staren, statewide director of breast surgery services and surgical oncologist, and medical oncologists and hematologists Drs. Christopher Di Simone, Paul O’Neill, Sharon Ondreyco and Joseph Volk.
In the East Valley, Ajona Olsen has opened the Ketamine Assisted Psychotherapy practice at the Arizona Healing Collective in Mesa.
Olsen is taking 800 square feet of space at 1845 S. Dobson Road for her solo practice.
KAP is a therapeutic method of treatment used to address a variety of mental health conditions, including depression, post-traumatic stress, chronic pain, addiction and anxiety.
Olsen, a nurse practitioner, said she administers low doses of ketamine to facilitate psychedelic experiences, such as “expanded consciousness.”
Salem, Oregon-based Link Senior Development and San Francisco-based The Roxborough Group LLC paid $45 million for the 301-unit Park Terrace Senior Living community in Phoenix.
Seller in the deal was an entity tracing to Homan Zarghampour, according to Tempe-based Vizzda LLC real estate database.
Formerly an Embassy Suites Hotel, the senior living community at 2577 W. Greenway Road was nearly 80% occupied when the deal closed on April 29.
Built in 1986, the 301-unit independent and assisted living community sits on 15.3-acres, where the new owners plan to invest more than $3 million to upgrade the facility.
While this is Link’s eighth senior living project in Arizona and third under management, this is Roxborough’s debut into the senior housing market and its fourth investment in the Phoenix area.
JLL worked on behalf of Link to secure debt and equity partners.
In an unrelated deal, Scottsdale-based TerraLane Communities has sold two of its build-to-rent communities for $185.89 million to Oak Brook, Illinois-based Inland Real Estate Acquisitions.
Northmarq’s Phoenix-based investment sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle, brokered the $119.7 million sale of TerraLane at Canyon Trails in Goodyear and the $66.2 million sale of TerraLane at South Mountain in Phoenix.
TerraLane built both the 263-unit TerraLane at Canyon Trails at 195 N. 173rd Ave. in Goodyear and the 148-unit TerraLane at South Mountain at 8448 S. 59th Ave. in Phoenix last year.
Steve La Terra, a former real estate analyst, launched TerraLane Communities in 2021, with plans to build more than 1,100 upscale luxury single-family rental homes in metro Phoenix by 2023.
The developer currently has more than 1,100 upscale rental homes across five communities in metro Phoenix either completed or under development.
He’s now looking beyond metro Phoenix into select Sun Belt markets that offer strong economic fundamentals.
After paying $14.2 million for a 100-unit garden apartment community in Phoenix in April 2021, Scottsdale-based Rise48 Equity LLC sold it for $21 million to Summit on Thomas LLC, a private investment company in Millbrae, California.
During its brief ownership, Rise48 Equity had renovated about 41% of the units at Rise on Thomas, at 2735 E. Thomas Road.
“We achieved an average of a $200 rent increase through renovations,” said Zach Haptonstall, CEO and co-founder of Rise48 Equity.
Built in 1969, the property was 91% occupied when the deal closed on June 17, selling for $210,000 a unit, up from $142,000 a unit when he bought it in April 2021, Haptonstall said.
Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle brokered the deal.
Rise48 Equity currently has $1.06 million in multifamily assets under management in metro Phoenix. It is starting its own construction firm to handle all its renovation projects, following the creation of its own property management firm last fall.
Editor’s note: The real estate deal wrap is published regularly by the Phoenix Business Journal. Send new real estate transactions and retail/restaurant leases to managing editor Erin Edgemon,
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