Maracay Continues Building at the Preserve Dove Mountain

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Maracay continued to build at The Preserve at Dove Mountain IV in Q2, taking down eight finished lots for[mepr-show rules=”58038″]$452,000 ($56,500 per lot) from Miramonte at Dove Mountain. Average lot size runs 6,228 sq. ft. in the Preserve.

Dove Mountain Master planned community is over 6,200 acres of foothills, canyons and mountainside living in the Tortolita Mountains, just north of Tucson, in Marana. It is a golf resort community that Cottonwood Properties started development of in 1996; today there are more than 3,000 homes within the community’s distinctive neighborhoods.

Dove Mountain is the home of the World Golf Championships-Accenture Match Play Championship. Each February, the top 64 players in the world compete on the Jack Nicklaus Signature golf course at The Ritz-Carlton Golf Club in Dove Mountain.

Maracay Homes is an Arizona-based builder and a member of the Weyerhaeuser Real Estate nationwide family of companies. For the past 20 years, Maracay Homes has been an Arizona real estate industry leader in providing homebuyers with smart choices that serve both their lifestyle and the environment. Having constructed more than 7,000 homes for families throughout Arizona, it is the only builder in the state to offer both a 2-year, door-to-door warranty (including appliances) and a 10-year structural warranty.

Maracay Homes’ exclusive FlexDesign® program gives homebuyers the unique ability to tailor their new home to the life they want to live. These Energy Star® certified homes feature the latest generation of high-efficiency technologies and sustainable building materials and practices. Our LivingSmart® program continues this comprehensive approach to green living through responsible development, water and energy efficiency, and designs and features that maximize both comfort and conservation.

A recipient of numerous quality and design awards, Maracay Homes was honored with the prestigious 2011 Builder of the Year Award from the Southern Arizona Home Builders Association (SAHBA).

Will White of Land Advisors Organization of Tucson represented the seller. The option for 130 lots began in January, 2011.

Maracay Homes at the Preserve at Dove Mountain should be reached at (520) 572-2028 and White can be contacted at (520) 514-7454.[/mepr-show]

 

Login for additional sales information. [ismember]Additional information on this subdivision: Gross area is 88.1 acres; with 130 SFR lots, the gross density is 1.47 RAC. Zoning is SP, Marana LDR which allows for medium density. Lots sold as follows: 4/1/2013, $113,000 for lots 503 & 529; 4/12/2013 $56,500 for lot 541; 5/17/2013, $169,500 for lots 494, 526 & 528; 6/17/2013, $113,000 for lots 536 & 544. These four documents were combined in this article and total $452,000.[/ismember]




Small Businesses Continue to Feel Grumpy

 work-job-huntReprinted from the Arizona Daily Indpendent Sunday, July 7,2013

Small business owners are concerned about the latest job numbers. Chief economist for the National Federation of Independent Business (NFIB) William C. Dunkelberg, said the June job numbers, “As long as Washington continues to create rolling disasters- exemptions, special deals, delays, confusion, contradictory regulations, small businesses will not be ready to bet on their future by hiring lots of workers with uncertain cost.”

The NFIB’s monthly economic survey will be released on Tuesday, July 9, 2013. The survey was conducted in June and reflects the responses of 662 sampled NFIB members.

“Small firms are continuing to shrink as small employers in June reported an average gain of negative 0.09 workers per firm-essentially zero. We only have to look to Washington for reasons why our economy can’t seem to maintain steam and is on a painfully slow journey towards job creation.

“Eleven percent of the owners surveyed by NFIB (up 2 points) reported adding an average of 3.6 workers per firm over the past few months. Offsetting that, 12 percent reduced employment (unchanged) an average of 4.3 workers (seasonally adjusted), producing a seasonally adjusted gain of negative 0.09 workers per firm overall. The remaining 77 percent of owners made no net change in employment. Fifty-three percent of the owners hired or tried to hire in the last three months and 41 percent (77 percent of those trying to hire or hiring) reported few or no qualified applicants for open positions. While a higher percentage of the owners hired, those who reduced employment made cuts large enough to put employment growth among existing firms in the red.

“Nineteen (19) percent of all owners reported job openings they could not fill in the current period (unchanged) and 12 percent reported using temporary workers, little changed over the past 10 years. The health care law provides incentives to increase the use of temporary and part-time workers, but this indicator has not registered a trend toward the use of more temps.

“Job creation plans rose 2 points to a net 7 percent planning to increase total employment, better, but still a weak reading. Not seasonally adjusted, 14 percent plan to increase employment at their firm (down 2 points), and 6 percent plan reductions (up 1 point).

“Uncertainty about the health care law continues to have a negative impact on small business. Small employers are still trying to figure out what labor will cost and what firm size will have to comply with which rules.”

 




TUCSON LEASE REPORT – WEEK OF JULY 1 – 5, 2013

logo RED b&w 640 x 400INDUSTRIAL SPACE – 6000 S COUNTRY CLUB RD, STE 124, TUCSON
Synergy Installation Solutions leased 33,356 sq. ft. at 6000 S. Country Club Road, Suite 124 in Tucson from EastGroup Properties, LP for relocation of their current office at 1445 Wieding Avenue. Synergy Installation Solutions was founded to answer the call for a professional, quality oriented, office furniture installation firm. Synergy’s model for dealer support services, including communication tools, accountability, and professionally trained and uniformed personnel, has helped to elevate Synergy to the forefront of independent installation service providers in the contract furnishings industry. Synergy hopes to have the new location operational by August 1. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction while Lee & Associates of Phoenix represented the tenant.

5151 S Bantam Rd
5151 S Bantam Rd

INDUSTRIAL SPACE – 5151 S BANTAM RD., TUCSON
Kaman Industrial Technologies Corporation renewed its 18,281 sq. ft. lease at 5151 S. Bantam Road, in Tucson from CCTC, Inc. Kaman Industrial Technologies Corporation, a leading distributor of industrial parts operates over 200 customer service centers and five distribution centers across North America. Kaman expanded into this location  five years ago for its “belt shop”, conveyor belts that are used in mining. Kaman offers more than four million items including bearings, mechanical power transmission, electrical, material handling, automation & control, fluid power and MRO supplies to customers in virtually every industry from its two locations in Tucson, the other being at 4401 S Rita Road. Patrick Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction while Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

2705 E Medina Road
2705 E Medina Road

INDUSTRIAL SPACE – 2705 E MEDINA, SUITE 161 & 171, TUCSON
CAID Industries, Inc. leased 13,400 sq. ft. at 2705 E. Medina, Suites 161 & 171 at the Bay Colony Technology Center in Tucson from 2705 Medina Properties, LLC. Located in Tucson, Arizona since 1947, CAID has forged a leadership role in the metal fabrication industry in the Southwest. Today, the company’s experience and reputation reach as far as Europe, South America and beyond with five contracting licenses – general engineering contracting, structural steel erection, tank fabrication, ventilation work and sheet metal work – enable them to keep large, complex projects in-house. The company also holds three ASME Code stamps for shop and field welding of tanks, piping and boilers. Brandon Rodgers, CCIM, Stephen D. Cohen, and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Rob Glaser, SIOR, CCIM, Principal, represented the tenant.

355 S Euclid
355 S Euclid

INDUSTRIAL SPACE – 355 S EUCLID AVENUE, STE 101-103, TUCSON
EZ Messenger leased 6,706 sq. ft. at 355 S. Euclid Avenue, Suites 101-103 in Tucson, from Pascoe Investment-Arizona, LLC. EZ Messenger provides services THAT include: Court Services, Service of Process, Messenger Services, On Demand Delivery Service, Investigations and Skiptraces, Forwarding Agents, Litigation Photocopy. During the preceding twelve-month period the company completed approximately 150,000 services of process and an estimated 400,000 court filings. Rob Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant while Stephen D. Cohen, and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

The Chase Building, 2 E Congress St.
The Chase Building, 2 E Congress St.

OFFICE SPACE – 2 EAST CONGRESS, TUCSON
Kittelson & Associates, Inc. (KAI) leased 3,505 sq. ft. at 2 East Congress in Tucson from Two East, LLC to relocate from its current location at 33 N Stone Ave., Ste 800. The Tucson office was established in 1993 as Catalina Engineering, joined KAI in 2005. KAI Tucson provides engineering services in the areas of traffic operations, highway design, research, and software development. The historic 10-story building was constructed in 1929, and includes an art-deco style ground floor. It is now known as the Chase Bank Building with Chase Bank occupying over half of the building. Rick Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction while Buzz Isaacson, First Vice President with CBRE in Tucson represented landlord.

INDUSTRIAL SPACE – AJO/EVANS BUISNESS PARK 3855 E EVANS BLVD, SUITE 403, TUCSON
Southwest Fastener, LLC leased 2,392 sq. ft. in Ajo/Evans Business Park located at 3855 E. Evans Boulevard, Suite 403, in Tucson from Ajo/Evans Business Park, LLC. When it comes to fasteners for industry, fasteners for solar, fasteners for construction, fasteners for waterworks, prefab supports, and more… Southwest Fastener has what you need. Its trademark is “A bolt is a bolt, unless it comes from Southwest Fastener — Service Sets Us Apart!” Pat Welchert, SIOR, Industrial Specialist and Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL SPACE – MIDWAY BUSINESS PARK – 4500 E SPEEDWAY, SUITE 95, TUCSON
Always Open & Shut Garage Door Service, LLC leased 1,200 sq. ft. at 4500 E. Speedway, Suite 95 in Tucson, from Presson Midway, LLC. Always Open & Shut Garage Doors LLC is licensed, bonded, and insured with extensive experience in selling, installing, and repairing garage door products. From steel raised panel doors to vinyl overlay doors, chain-drive garage door openers to power-hoist, they do it all. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Additional businesses that renewed leases at Midway Business Park, 4500 E. Speedway, in Tucson, from Presson Midway LLC include: J. Herndon, Inc. renewed 2,400 sq. ft. in Suites 63 and 64, and Eclipse CPR Training renewed 1,600 sq. ft. in Suite 84. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled these transactions.

INDUSTRIAL SPACE – 1870 W PRINCE ROAD, SUITE 66, TUCSON
Southern Arizona Painting, LLC leased 1,200 sq. ft. at 1870 W. Prince Road, Suite 66, at the Midway Business Park, in Tucson, from Presson Corporation. Southern Arizona Painting is a local company serving Tucson, Green Valley and Phoenix areas as a paint contractor. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL SPACE – 4585 S PALO VERDE, SUITE 413, TUCSON
Interactive Controls, Inc. leased 1,500 sq. ft. at 4585 S. Palo Verde, Suite 413 in Tucson, from Presson Equity Partners, LLP. Rob Glaser, SIOR CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

3538 N Romero
3538 N Romero

INDUSTRIAL SPACE – 3538 N ROMERO ROAD, SUITE 160, TUCSON
PulmoCare Respiratory Services, Inc. leased 1,500 sq. ft. at 3538 N. Romero Rd., Suite #160 in Tucson from Costa Verde Investments, LLC. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Ron Zimmerman of Newmark Grubb Knight Frank of Tucson represented the landlord.

INDUSTRIAL LEASES AT EXCHANGE PLACE
The following businesses leased space at 1870 W. Prince Road, in Tucson, from Presson Corporation: Bretstar, Inc. leased 1,440 sq. ft. in Suite 12, and Action Printing & Marketing leased 1,440 sq. ft. in Suite 28. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled these transactions.

INDUSTRIAL LEASES AT MIDPOINT BUISNESS PLAZA
Pure Health Nutrition leased 827 sq. ft. at Midpoint Business Plaza, 3921 E. 29th Street, Suite 306 in Tucson, from Presson Midpoint, LLC. Rob Glaser, SIOR CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction while Denisse Angulo, Industrial Specialist with Cushman & Wakefield | PICOR represented the tenant.

Global Support Services, LLC leased 795 sq. ft. at Midpoint Business Plaza, 3933 E. 29th Street, Suite 504 in Tucson, from Presson Midpoint, LLC. Rob Glaser, SIOR CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

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[ismember] Asking lease rates were as follows:
2705 E Medina, Bay Colony Tech Center: $.60/SF/NNN space was 100% A/C, 1000 Amp, 277/480V, 3-phase, grade & dock;
355 S Euclid, #101-103 asking lease rate was $.75/SF/IG, or $5,030/Month;
Chase Building, 2 E Congress, asking lease rate was $21.50/SF/Full service;
Ajo/Evans Business Park, 4500 E Speedway – Ste 95 with 20:80 build out 20% office / 80% warehouse asking lease rate was $.39/SF/NNN triple nets 2013 were $.26/SF;
3538 N Romero Rd #160- asking lease rate was $.50/SF/IG;
#12, 1870 W Prince Rd- asking lease rate was $.59/SF/IF 20:80 build out 20% office / 80% warehouse;
#306 Midpoint Business Plaza- asking rate was $.79/SF/IG or $653 per month;
#504 Midpoint Business Plaza – asking rate was $.63/SF/IG;[/ismember]