Replay Destinations Acquires Prime Development Parcels adjacent to The Phoenician, Scottsdale

Limited Collection of Ascent at The Phoenician® Golf Villas Available Now

SCOTTSDALE, ARIZONA –  Replay Destinations (‘Replay’) has acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale, Arizona. The planned private residential community will sit at the foot of Camelback Mountain, overlooking the Phoenician® Golf Club. Known as Ascent at The Phoenician®, the project will become a true legacy property in one of Arizona’s most celebrated locations. Replay has acquired the development parcels from affiliates of Host Hotels & Resorts, Inc. (‘Host’), owner of The Phoenician®, a Luxury Collection Resort, which is consistently recognized as one of the world’s finest luxury resort destinations.

“Designed as a luxurious desert sanctuary in the heart of Scottsdale, Ascent at The Phoenician® will offer buyers the rare opportunity to live at one of the region’s most prestigious addresses. At this time when home is more important than ever, we have incorporated contemporary design, spacious indoor/outdoor living spaces, and private entrances in a world-class location to enjoy the beautiful desert,” said Gary Raymond, Managing Director, Replay Destinations.

Replay Destinations has acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale. Known as Ascent at The Phoenician®, the project includes a planned private pool and fitness amenity tucked up against Camelback Mountain. 

Ascent at The Phoenician® will consist of approximately 195 properties, including condominiums at the base of Camelback Mountain and Ascent Golf Villas along the first fairway of the Phoenician® Golf Club. A planned private pool and fitness amenity tucked up against Camelback Mountain will be an intimate gathering place for wellness, socializing and relaxation. With views overlooking the new Phoenician® Golf Club and Camelback Mountain along with the city lights of Scottsdale, home designs will feature contemporary architecture integrating warm, natural materials, expansive windows and large outdoor living areas. Residents will also have a limited opportunity to join a Phoenician® Amenity Access Program that provides Ascent real estate owners with access to resort amenities, including the pools and fitness facility, as well as preferred pricing for golf, spa, food and beverage, and other services.

Replay’s Ascent at The Phoenician® will consist of approximately 195 properties. With views overlooking the new Phoenician® Golf Club and Camelback Mountain, home designs will feature contemporary architecture integrating warm, natural materials, expansive windows and large outdoor living areas.

Reservations are now being accepted for the first release of luxury homes within the Ascent community – a limited collection of 30 golf villa homes situated on the first fairway of the new Phoenician® Golf Club and adjacent to the golf clubhouse and new Phoenician® Tavern Restaurant. Ranging from two bedrooms to three bedroom and den/office plans, the homes will offer spacious indoor living transitioning to generous outdoor living. Priced from $1,785,000, the Ascent Golf Villas offer private two-car garages with additional storage. Generous outdoor living areas include spectacular upper level patio decks opening to views of the golf course and Camelback Mountain. Priority reservations are being accepted via a formal Reservation Agreement along with a $5,000 refundable deposit. Reservation holders will have the ability to select a home at pre-construction pricing with final purchase contracts being written later this fall.

“Host Hotels and Resorts is thrilled that Replay Destinations is acquiring these real estate development parcels at The Phoenician®, a Luxury Collection Resort for this legacy project,” said Linda Laniado, Vice President of Investments at Host. “Replay is known internationally for creating one-of-a-kind projects in storied resort locations across the globe. It was their understanding and design approach to creating the ultimate luxury resort lifestyle that intrigued our team. We strongly align around the vision for this place and look forward to seeing it become a reality.”

Replay’s development team for Ascent at The Phoenician® is based in Phoenix, and they have assembled an award-winning local design team. The team includes Nelsen Partners, an architecture & planning firm founded in 1990; Vallone Design, a leading, full-service interior design firm specializing in exquisite residential and commercial projects; Floor Associates, a landscape architecture and planning firm; and bulthaup Scottsdale, a globally-recognized company producing premium kitchens custom-made in Germany.

“Scottsdale, Arizona continues to be recognized as one of the most desirable areas in the U.S. to own a home and experience everything Scottsdale and the surrounding Phoenix area offers. We could not be more pleased to be creating a residential community in such a storied location,” said Paul Jorgensen, CEO of Replay Destinations in Vancouver, British Columbia. “The market fits very well with our growing portfolio of destination real estate developments in sought after locations like Hawaii, Sonoma Wine Country, Cabo San Lucas and the Caribbean.”

With more than $2 billion in real estate projects undergoing planning and development, Replay has properties in some of the world’s most sought-after settings. The team immerses itself in the experiences of each location, delving deep into its stories and uncovering its specific character. Replay values opportunities for learning, building connections, being active and living like locals just as much as a community’s architecture, landscapes and interiors.

Replay Destinations has acquired development parcels from affiliates of Host Hotels & Resorts, Inc. (‘Host’), owner of The Phoenician®, a Luxury Collection Resort, which is consistently recognized as one of the world’s finest luxury resort destinations. Ascent at The Phoenician® residents will have a limited opportunity to join a Phoenician® Amenity Access Program that provides Ascent real estate owners with access to resort amenities, including the pools and fitness facility, as well as preferred pricing for golf, spa, food and beverage, and other services. 

“The Phoenician®, a Luxury Collection Resort is one of the premier resort destinations in the United States, and we are honored to work in conjunction with Host in creating a special residential community,” Raymond said. “With The Phoenician®, a Luxury Collection Resort’s recent renovation including new restaurant concepts, a fitness facility, The Phoenician® Spa and the redesigned Phoenician® Golf Club, our residents and their guests will be in the enviable position of having The Phoenician®, A Luxury Collection Resort and its world-class amenities at their doorstep. Ascent at The Phoenician® has already been well received by potential residents who love the location, amenities and the promise of luxury.”

Ascent Golf Villas will be located along the first fairway of the Phoenician® Golf Club. Replay Destinations, which has properties in some of the world’s most sought-after settings, is now accepting reservations for the first release of luxury homes within the Ascent community – a limited collection of 30 golf villa homes situated adjacent to the golf clubhouse and new Phoenician® Tavern Restaurant.

Nathan And Associates Inc. was hired by Host to represent them in the marketing of the development parcels and were also responsible for marketing 51 finished lots on behalf of Replay.

Joe Bushong and Leslie Jenkins of Russ Lyon Sotheby’s International Realty are the listing agents for Ascent at The Phoenician®. For more information on real estate opportunities, call 480-534-4086 and to register for updates visit ascentatthephoenician.com.

In addition to Ascent at The Phoenician®, Replay’s current development projects include: Half Moon Bay Antigua, an ultra-luxury destination that includes a Rosewood hotel, estate lots and branded residences; Ka‘upulehu in Hawaii, a private residential community on the Kohala Coast; Lift Park City, prime ski-in, ski-out residences at the base of the largest ski destination in the United States; Mar a Cielo, resort condominiums within Cabo del Sol, one of the top destinations in Los Cabos; Mill District Healdsburg, a mixed-use development in the heart of Sonoma wine country that includes a boutique hotel, retail and luxury condominiums; One Ocean Bahamas, a luxury condominium high rise community overlooking Nassau Harbour;  and YOTELPAD Park City, a new concept in condominium living at the base of Park City Mountain in Utah.




Marcus & Millichap Arranges the Sale of Pueblo De Rosa, a 13-Unit Apartment Property in Phoenix

PHOENIX, Arizona – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Pueblo De Rosa, a 13-unit apartment property located in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $1,852,000. ($142.500 per unit).

Located one mile to the south of the Camelback East Village restaurant scene and one mile west of the Arcadia Crossing shopping center, Pueblo de Rosa is well positioned in between desirable neighborhood amenities,” said Paul Bay, vice president investments in Marcus & Millichap’s Phoenix office. “Ownership will have the opportunity to undergo programmatic interior renovations to realize favorable monthly premiums.”

The buyer, a partnership, was procured by Bay. Pueblo De Rosa is located at 3012 North 40th Street in Phoenix, Arizona.




Tucson Lease Report October 26-30, 2020

Highlighted this week is a 20,000-square-foot industrial space leased to Crossdocking and Warehouse Systems in Nogales, AZ for expansion to 75,000-square-feet that was handled by Jose Dabdoub of Cushman Wakefield | PICOR.

The following leases have been submitted to the Real Estate Daily News for the Tucson Lease Report October 26 – October 30, 2020.

INDUSTRIAL – 2050 SMOKEY LANE, NOGALES
Crossdocking and Warehouse Systems, Inc. expanded their lease space with Nogales Property Management an additional 20,000-square-feet, totaling 75,000-square-feet of industrial warehouse space, located at 2050 Smokey Lane in Nogales, AZ.  Jose Dabdoub, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.523.8668[/mepr-show]

INDUSTRIAL – 4650 S BUTTERIELD DR., TUCSON
Boeckeler Instruments, Inc. renewed and expanded their lease with Brey Holdings, LLC for 15,000-square-feet of industrial space located in Butterfield Business Park, 4650 S. Butterfield Dr. in Tucson.  Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.745.0001[/mepr-show]

RETAIL – 3758 E FRY BLVD., SIERRA VISTA
Spirit Halloween Superstores, LLC leased 9,029-square-feet of retail space in Sierra Vista, AZ., from Ronald R. Saccani.  Spirit Halloween, a specialty retail store and supplier of Halloween decorations, costumes, props and accessories, will be located at 3758 E. Fry Blvd. in Sierra Vista during the Halloween season.   Greg Furrier, Paul Hooker and Diane Carlson, with Cushman & Wakefield | PICOR, represented both parties in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 3999 E GRANT RD., TUCSON
DoorDash Essentials, LLC leased 7,164-square-feet of industrial space located in North Gate Plaza, 3981-3999 E. Grant Rd., Suite 3981 in Tucson, from Strominga and Roll-It.  Brandon Rodgers, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Nancy McClure with CBRE, Tucson, represented the landlord.

OFFICE – 190 W CONTINENTAL RD., GREEN VALLEY
Title Security Agency, LLC renewed their lease with Continental Green Valley Associates, LLC for 3,334-square-feet of office space located in Continental Plaza, 190 W. Continental Rd., Suite 226 in Green Valley, AZ.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 8750 E SPEEDWAY BLVD., TUCSON 
Sonoran Land Resources leased 2,100-square-feet of office space from L.L.J. Holdings, LLLP, located in La Officina, 8750 E. Speedway Blvd., Suite 230 in Tucson.   Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $12.50 SF/YR Modified Gross; Tenant Phone; 520.345.4877[/mepr-show]

INDUSTRIAL – 2020 N FORBES BLVD., TUCSON
Sunset Roofing, LLC leased 2,046-square-feet of industrial space in Broadbent Business Park, 2020 N. Forbes Blvd., Suite 104 in Tucson, from Santo Tomas Partners, LLP.  Brandon Rodgers, SIOR, CCIM, and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – NW CORNER of TANQUE VERDE RD and CATALINA HWY., TUCSON
Sydney’s Sweets Shoppe has leased a 1,400-square-foot space at Bear Canyon Shopping Center, located on the NW corner of Tanque Verde Rd. and Catalina Highway.  The Premises will be used as a bakery for retail and online sales of homemade pies.  Melissa Lal, Elaina Elliot, Andy Seleznov, and George Larsen of Larsen Baker represented the Landlord, Larsen Baker, while Pete Villaescusa, of CBRE, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone; 520.777.7133[/mepr-show]

RETAIL – NE CORNER of GRANT RD and SWAN, TUCSON
Jenny Craig has leased a 1,268-square-foot space at Crossroads Festival, located at the NE corner of Grant Rd. and Swan Rd.  The Premises will be used as a retail store for the sale of weight-loss dietary plans, weight loss meals, and consultations.  They are scheduled to open for business in December 2020.  Melissa Lal, Elaina Elliot, Andy Seleznov, and George Larsen of  Larsen Baker represented the Landlord while Nancy McClure, of CBRE, represented the Tenant.

INDUSTRIAL – 245 S PLUMER AVE., TUCSON
DNA Personal Training, LLC leased 1,200-square-feet of industrial space located in Commerce Plaza, 245 S. Plumer Ave., Suite 39 in Tucson, from Plumer Partners, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. Tenant Phone: 520.477.1362

INDUSTRIAL – 3528 N ROMERO RD., TUCSON
Aztec Blinds and Shutters, LLC. renewed their lease with Costa Verde Investments, LLC for 1,100-square-feet of industrial space located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 100 in Tucson.  Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tenant Phone: 520.201.0101

OFFICE – SW CORNER of BROADWAY BLVD and CAMINO SECO, TUCSON
AAA Lock & Key has leased a 1,000-square-foot space at Camino Seco Business Park, located just south of the SW corner of Broadway Blvd. & Camino Seco.  The Premises will be used as an administration office offering locksmith services.  Melissa Lal, Elaina Elliot, Andy Seleznov and George Larsen of Larsen Baker represented the Landlord, Larsen Baker.[mepr-show rules=”58038″]Tenant Phone: 520.325.6257[/mepr-show]

RETAIL – ORACLE and ORANGE GROVE RD., TUCSON
Foothills Pet Salon leased 859-square-feet of retail space, located in Oracle Plaza at the southeast corner of Oracle and Orange Grove Rds. in Tucson, from Oracle Plaza, LLC.  Greg Furrier and Diane Carlson, with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.229.1310[/mepr-show]

INDUSTRIAL – 3933 E 29th ST., TUCSON
Tucson Rustic Door Company leased 795-square-feet of industrial space located in Midway Business Plaza, 3933 E. 29th St., Suite 504 in Tucson, from Presson Midpoint, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – SW CORNER of SPEEDWAY BLVD and CRAAYCROT RD., TUCSON
Healthful Flowers has leased a 610-square-foot space at The Speedway Craycroft Plaza, located on the SW corner of Speedway Blvd. & Craycroft Rd.  The Premises will be used as a retail store selling flowers and other related products.  Melissa Lal, Elaina Elliot, Andy Seleznov, and George Larsen of Larsen Baker of represented the Landlord, Larsen Baker, while Pete Villaescusa, of CBRE, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.279.1819[/mepr-show]

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