Hello, readers! Welcome back to Business Briefcase. I’m not going to touch upon any events, as it’s all business in this week’s briefcase. From the reopening of a popular seasonal pop-up shop to a new medical practice, several big property sales and plans by a beloved local hobby shop to relocate, there’s much to sift through in this week’s Briefcase. Here’s the news!
First, if the season hasn’t signified it, the recent release of “It: Chapter Two” sure will. Fall is approaching, and with it comes Halloween. Now, Spirit Halloween stores are popping up all over the Valley, with one such location in the former Toys R Us at 7430 W. Bell Road, northwest of 75th Avenue and Bell Road. Freddy, Jason, Pinhead, The Tall Man, Pennywise — whoever your costume of choice may be, whatever makeup you may need and whatever décor you seek, there are aisles upon aisles of spooky merch at these seasonal pop-up shops. For more information, visit spirithalloween.com.
Moving along, infectious disease practice eInfectionMD opened three new clinics in the Valley — one in Glendale, one in West Phoenix and the last in Scottsdale. Founded by Dr. Madhu K. Murthy in July 2018, the practice is growing rapidly. It allows in-office visits and can treat patients online via a secure video platform. The Glendale location is at 17560 N. 75th Avenue, Suite D-420, at 75th Avenue and Bell Road. For more information, visit einfectionmd.com or find it on Facebook or Twitter @einfectionmd.
Up next, a private investor bought Glenwest for $800,000, according to commercial real estate investment services firm Marcus & Millichap. The 10-unit apartment community features two single-level block construction buildings. Ninety percent of the units utilize two-bedroom floor plans. The complex is secured by a gate. Glenwest is located at 6727 N. 61st Avenue, a quarter mile from the Grand Avenue Expressway.
Speaking of Marcus & Millichap, the firm also announced the sale of the former Pet Club at 17024 N. 67th Avenue, northwest of Bell Road and 67th Avenue. The new owner, an individual/personal trust, will lease and eventually sell the 6,200-square-foot single-tenant building. It was acquired for $1.16 million.
Finally, Wacky Zack’s Magic plans to close its Bell Road store at the end of the year. Another location is in the works, though the timeline and location have yet to be confirmed. Wacky Zack’s is looking for feedback and suggestions at wackyzacksmagic.com/newlocation. In the meantime, hours have been changed to 11 a.m. to 6 p.m. Fridays and Saturdays. All other hours are by appointment only. Wacky Zack’s Magic is at 4326 W. Bell Road, Suite 2, northwest of 43rd Avenue and Bell Road. For more information, visit wackyzacksmagic.com.
That’s all the briefs for this week! Thanks for reading!