1

Shamrock Foods Picks Marana for New Distribution Center, Pays $18.2 Million for Site

MARANA, ARIZONA, September 30, 2022 — Shamrock Foods Company purchased 81 acres at Crossroads at Gladden for $18,153,630 ($5.15 PSF). The property was block patted only and represents block 6 that sold.

The buyer, purchased for construction of a cold storage / warehouse/ distribution center that will be owner occupied by Shamrock Farms.

Crown West Land Group of Tucson c/o Dean Wingert is the seller. Crown West purchased 288 acres known as Crossroads at Gladden at I-10 and Tangerine, adjacent to its successful master planned community, Gladden Farms.

Amazon had considered this site for a distribution center before choosing Silverbell and Ina where they are under construction.

“The site is a natural for logistics, with easy access to Interstate 10, easy access to El Paso, going east, City of Tucson, down to Mexico, and up to Phoenix which is only an hour and a half away,”  said Curtis Woody, Marana’s Director of Economic Development. “And has seven other logistic projects nearby.”

Shamrock Foods is an Arizona family business success story that celebrated 100 years of business this year.  Beginning in 1922 in Tucson as a family dairy with 20 cows, a truck and a dream, the McClelland’s entrepreneurial spirit grew Shamrock Foods Company into a recognized dairy innovator and leader in restaurant and foodservice distribution industry, while staying true to its roots as a family-held company.

“We’ve grown a lot since my Irish immigrant grandparents, W.T. and Winnifred McClelland, established Shamrock dairy, and the principles they set forth have stood the test of time,” said Kent McClelland, president and CEO of Shamrock Foods Company and third generation of McClelland family leadership when announcing the company’s 100 year celebration. “It’s been an incredible first 100 years in business growing, innovating and supporting our communities, and I’m excited for what’s ahead.”

“Our story may already be 100 years in the making, but we’re just getting started,” said McClelland.

Tim Healy with CBRE (Tucson) represented the buyer in this transaction that closed September 2, 2022. Crown West was self-represented.

For more information, Healy can be reached at 520.323.5100.

To learn more, see RED Comp #10158.

 




Tucson International Raceway Sold to Schnitzer Properties for $7.6 Million

TUCSON, ARIZONA, September 28, 2022 – The Tucson International Raceway property at 4300 E Los Reales Road in Tucson sold for redevelopment at $7.6 million ($1.80 PSF).

The Raceway has been closed for several years and property’s 97-acres sold for land value with 6,468 square feet of improvements in 5 buildings, plus the racetrack and grandstands.

The buyer, Schnitzer Properties c/o Bill Rodewald, is an industrial developer that purchased the property for future development. It is located to the east of the new I-10 International Industrial Park site, a 1- million-square-foot development by Lincoln Property Company at 4150 E Los Reales Road, announced in June 2022.

The transaction closed September 22, 2022.

Rob Glaser and Jesse Blum of Cushman & Wakefield | PICOR represented the buyer. Tauna Robley with Tucson Realty Solutions represented the seller, Raceway Partners, LLC c/o Robert Robley.

For more information, Glaser and Blum should be contacted at 520.748.7100; Robley can be reached at 520.812.7763.

To learn more, see RED Comp #10200.

 




Multitenant Flex Industrial Property Sells to Outlet Electrical Supply for Expansion Space

TUCSON, ARIZONA September 28, 2022 – The multitenant, flex / industrial building at 3553-3559 N Mountain Avenue in Tucson sold for $501,875 ($107 PSF). Located at the southwest corner of Prince Road and Mountain Avenue, the buyer purchased it for expansion space to Outlet Electrical Supply at 1258 E Prince Road.

The 4,675 square-foot building (built 1982) has four suites: two offices and two warehouse spaces with 4 grade level doors and sits on a .41 acre lot.

The buyer, Elizabeth Floyd, is an owner of Outlet Electrical Supply and plans to use one of the warehouse spaces for extra storage, while continuing to lease the remaining three spaces that were all occupied by tenants at time of sale.

Bruce Suppes and Jackson Kraft with CBRE (Tucson) represented the seller, a family trust in Tucson and Kelly Doty with Long Realty represented the buyer.

For more information, Suppes can be reached at 520.323.5155, Kraft should be contacted at 520.323.5124 and Doty is at 520.577.7400.

To learn more, see RED Comp #10132.