TUCSON, ARIZONA – The Pascua Yaqui Tribe of Arizona purchased a net leased office building at 911 West Grant Road in Tucson for $740,000 ($108 PSF).

The 6,840-square-foot building is leased to PVB Metal Fabrications (PVB) that recently purchased 9.74 acres of land at 8037- 8041 W Tangerine Road in Marana for $1.3 million ($3.06 PSF) to construct a new facility for consolidation of their manufacturing and offices. Watch for more to follow on this transaction tomorrow; Sun Corridor assisted with the site selection.

PVB will continue to lease the building at 911 West Grant while construction is underway in Marana.

The Grant Road property was purchased by the Tribe due to its location adjacent to a 14.38-acres designated into a trust with the Bureau of Indian Affairs. It is here that the city and tribe have a preliminary agreement for a proposed hotel and casino that would be located atop the old movie theater near I-10 and Grant.

In July 2019, the tribe and city entered into an Intergovernmental Agreement (IGA), which includes a set of stipulations for both parties, including for which city services the property would be eligible, and how the property would receive groundwater, should the development not be in compliance with city statues.

The process may take years or even a decade before being finalized. The IGA includes a 90-day alert to the adoption of a Tribal Resolution that green-lights any regulations or requirements needed to conduct gaming on the site. In addition to, Tribal leadership being required to notify the city one calendar year prior to opening a casino.

Tom DeSollar, EMS, with Arizona First Properties represented the seller, Archon Properties of Marana (Doug Gratzer, managing member) and Max Fisher with Cushman and Wakefield | Picor represented the buyer.

For more information, DeSollar should be reached at 520.400.2732 and Fisher can be contacted at 520.546.2709.

To learn more, see RED Comp #7419.

Mark Anthony Brewing selects Arizona to produce White Claw and iconic Mike’s Hard Lemonade for the western United States

Glendale, Ariz. – Mark Anthony Brewing has chosen Glendale as the location of its new state-of-the-art brewery and BrewPure facility. Construction is slated to be completed in record time. The facility will be in Glendale’s “New Frontier” at the Loop 303.

In a race against time, to meet the explosive demand for White Claw Hard Seltzer, the new 916,000-square-foot state-of-the-art facility will be up and running in under seven months. In other markets, projects like this can take years. “The primary reason we selected Glendale was the innovative thinking and personal support of Governor Doug Ducey, the city of Glendale, the Arizona Commerce Authority, and their willingness to embrace our vision and commit to the support required for our rapid build-out and aggressive timeline,” said Mark Anthony Brewing President John Sacksteder. “Once complete, this new facility will be a beacon for the advanced manufacturing capabilities of the City of Glendale and the state of Arizona”

Mark Anthony Brewing anticipates investing more than $250 million in the facility, that includes the unique BrewPure process which allows White Claw Hard Seltzer, Mike’s Hard Lemonade, Mike’s Harder Lemonade and Cayman Jack Cocktails to taste like no other.  In addition to the associated construction jobs, it is anticipated that there will be more than 200 full-time jobs at the facility when it’s up and running in June of 2020.

“We’re thrilled that Mark Anthony Brewing has chosen Arizona for their western manufacturing center that will create hundreds of new jobs in the West Valley,” said Governor Doug Ducey. “We are committed to keeping Arizona the best place in the nation to start and scale a business.”

Mark Anthony Brewing is part of The Mark Anthony Group, one of North America’s most diversified and successful private companies, focused on the beverage alcohol sector. The Mark Anthony Group is the leader in the exploding Hard Seltzer and Flavored Malt Beverage categories driven by its portfolio of innovative and iconic brands, and total passion and commitment to crafting products where “You can taste the difference.”

The Mark Anthony Group expects 2020 sales of approximately $4 Billion, has no debt, self-financing its working capital and all its CAPEX. In 2019, the Company became the 4^th largest brewer in the U.S. and is currently the fastest-growing Top 10 brewer for the 3^rd year in a row.

“We are proud to be an organization that can attract the best of the best,” said Glendale City Manager Kevin Phelps. “We know it is a very aggressive construction schedule, but our team is prepared to rise to the challenge. Our development team has been working closely with Mark Anthony Brewing and have a plan in place to ensure we meet their timeline. We are thrilled to welcome this project and the additional investment to the city.”

The city of Glendale worked in partnership with the Arizona Commerce Authority through the attraction process to bring Mark Anthony Brewing to the state. “Arizona’s manufacturing industry is thriving, thanks to investments from industry leaders like Mark Anthony Brewing,” said Sandra Watson, Arizona Commerce Authority President & CEO. “It is clear that our state’s unique value proposition continues to resonate with growing companies. We thank Mark Anthony Brewing for selecting Glendale for this new operation, which will have a positive economic impact in the region.”

Mark Anthony Brewing has assembled teams of international engineers and experts to ensure innovative thinking is included in the design and construction of this facility. Another significant benefit this location presents according to Sacksteder is the opportunity for Mark Anthony Brewing to work alongside Merit Partners, Inc., Arizona’s largest developer of Industrial Real Estate and General Contractor, Layton Construction, widely recognized as a market leader in Arizona. He says these are both world-class organizations that are aligned with their vision, committed to their aggressive timeline for this project, and have a strong track record of delivering exceptional results.

“This facility will help keep up with consumer demand for White Claw while bringing additional jobs and investment to Glendale,” said Mayor Jerry Weiers. “I welcome this development and Mark Anthony Brewing to our city. I know they will be wonderful community partners and proud to call Glendale home,” he added.

“The Yucca District is thrilled to welcome another quality employer to the multiple developments happening district-wide,” said Glendale Vice Mayor Joyce Clark. “The goal with this annexation was to bring major employers, like Mark Anthony Brewing into our city, and I am delighted to see the anticipated development happening so quickly.   In addition to the significant employment opportunities they are bringing, they have also demonstrated their commitment to be an involved and invested partner in our community”.

Glendale continues to grow at an accelerated pace. The addition of the advanced manufacturing facility to Glendale’s “New Frontier” builds on the existing buzz about the area with more announcements expected in the near future.

For more information about Glendale, please visit growglendale.com or follow us on Facebook, Twitter and Instagram.

TUCSON, ARIZONA — Cushman & Wakefield | PICOR announced that the Tucson-based, employee-owned commercial real estate services firm has named long-time shareholder Barbi Reuter chief executive officer and chair of the board. Reuter was also named designated broker for PICOR. In addition to direct operational responsibilities as president, Reuter takes charge of C&W | PICOR’s strategic direction. “I could not be more confident the company is in good hands,” said founder Mike Hammond. “C&W | PICOR is now fully in position to take on the future and whatever it brings.”

As a student at the University of Arizona, Reuter joined the startup at its founding in 1985, became a shareholder in 1992, and led its Property Management Division until successive roles in company leadership beginning in 2006. Reuter remarked, “What we’ve all built together is incredibly special, from our culture to our client-centric focus in the Tucson commercial real estate market. It’s my honor to serve both our team and community as we grow forward.”

Reuter is a 42-year Tucson resident and serves on the boards of the Tucson Metro Chamber as past chair, YMCA of Southern Arizona, Sun Corridor Inc., and the PICOR Charitable Foundation. She mentors young leaders and industry professionals across the country and was awarded the Greater Tucson Leadership Woman of the Year in 2019 and Copper Cactus Small Business Leader of the Year in 2017.

Hammond’s community role will increase with two new not-for-profit board appointments, and he will continue as a PICOR shareholder and board member, working with select clients on their real estate needs.