New Medical Office Under Construction at Ina Road Professional Center

TUCSON, Arizona – A new 6,300-square-foot building is going up at Ina Road Professional Center, originally platted and constructed the mid-1980’s.  This new building will be a built-to-suit for Dr. Susan S Courtney Family Medicine.

A 6,737-square-foot fully improved padded lot at 1671 West Ina Road, in the Ina Road Professional Center, was purchased by 1671 W Ina Rd, LLC (Dr. Susan Courtney, manager) for $428,000 ($63.53 PSF).  Ready for construction, the pad is to the west of property with parking 7.14 / 1000.

Caylor Construction Company (Rob Caylor, owner) of Tucson is the general contractor for the project.

Craig Courtney of Courtney Realty & Investment Company handled the land purchase for the buyer.

Tom Nieman of Cushman & Wakefield | Picor handled the sale for the seller, Amigo Properties, an investment group from Tucson.

For additional information, Courtney can be reached at 520.290.5700 and Nieman should be contacted at 520.546.2728.

To learn more, see RED Comp #6388.

 




Helix Acquires West 101 Corporate Center for $8.5 Million

Cushman & Wakefield Sells Class A Office Building in West Valley

PHOENIX, Arizona – Ryan Spiekerman and Adam Feldman of Helix Properties LLC, on behalf of Next Gen 101 LLC, a single-entity controlled by Helix, has completed the acquisition of West 101 Corporate Center for a total purchase price of $8.5 million ($104 PSF).

Chris Toci and Chad Littell of Cushman & Wakefield’s Phoenix office represented Regent Properties in the sale of the 81,922-square-foot (sf), Class A office building located at 1860 N. 95th Lane in Phoenix. Situated on a lot consisting of 230,432 sf, the building is located in the West Valley at the northeast corner of Loop 101 and McDowell Rd. The property was designed by DFD Architects and showcases stunning architectural detail made visible by 452 linear-feet of Loop 101 freeway frontage.

“After having originally purchased West 101 Corporate Center in the depths of the Great Recession, Regent Properties brought the asset to market near stabilization and did an excellent job repositioning it from 19.9 percent in mid-2010.  Helix will benefit as leasing activity in the western reaches of Metropolitan Phoenix continues to accelerate,” said Chris Toci, Executive Managing Director of Cushman & Wakefield.

The three-story office building was 53.02 percent occupied at the time of acquisition. Helix’s intention is to lease up the remaining square footage and hold the investment for a period of time. West 101 Corporate Center offers large contiguous space required by AAA tenants which is hard to come by.  Ryan Spiekerman was instrumental in bringing this deal to a close with a vision to provide ample opportunity for Class A corporate tenants to gain access to an underserved West Valley market. The asset is not just office space, but a cutting-edge office facility with pylon freeway signage and easy access to the 101 and I-10.

Ryan Spiekerman of Helix Properties says, “We are excited about the West 101 corridor, we are seeing strong activity here with new businesses opening and office users relocating to this area daily.”

Helix Properties identified this rare, high-quality Class A office building with 53.02 percent tenancy at $103.67 per square foot in the booming West Valley. Spiekerman further says, “We will be adding high-quality tenants and providing strong tenant improvement packages to accommodate these large tenants.”




Tucson Museum of Art to Exhibit 70 Plus Works of Carlos Estévez

First Major Mid-Career Survey in US by Cuban-born Artist

TUCSON, ARIZONA — The Tucson Museum of Art and Historic Block (TMA) presents the first significant mid-career survey by artist Carlos Estévez in Carlos Estévez: Entelechy, Works from 1992 to 2018, January 26 – May 5, 2019 in the James J. and Louise R. Glasser Galleries. This personal and reflective exhibit explores 25 years of work, with more than 70 paintings, drawings, installations and sculptures by Estévez, considered one of the most prominent Cuban artists of the late 20th century.

“This TMA exhibition is one of the most important of my career,” Estévez said about Entelechy. “I am unveiling my inner universe, thoughts, and dreams, hoping viewers can find answers or pose questions about their own experiences through the magic of art.” The exhibition title Entelechy, is derived from the Greek entelecheia, which references the concept of the dynamic transformation of an idea into a reality. The TMA retrospective reveals the artist’s decades-long interest in the link between human spirituality and the infinity of human experience.

Carlos Estévez was born in Havana, Cuba, in 1969. He graduated from the University of Arts (ISA), Havana, Cuba, and received the Grand Prize in the First Salon of Contemporary Cuban Art in Havana, Cuba, in 1995. Living all of his life in post-Revolutionary Cuba, Estévez sought both artistic and personal freedom. After years of extensive travel, Estévez left Cuba with his young family and moved to Miami in 2004.

The exhibition draws upon Estévez’s works from 1992 to 2018 and is guest-curated by Dr. Carol Damian, former Professor of Art and Art History and former Director and Chief Curator at the Patricia and Phillip Frost Art Museum at Florida International University. A specialist in the art of Latin America and the Caribbean, she is the author of several books, catalogs, and articles. Damian lectures and has curated numerous exhibitions throughout the country.

“Carlos Estévez is a unique artist with an extraordinary intellect, amazing creativity, and quest for knowledge,” Damian said. “An intrepid traveler and collector, Estévez has, over 25 years, produced a series of works across a diversity of media, from meticulous drawings of cityscapes and mechanical creatures of his own invention to paintings, whimsical assemblages, sculpture, and anything else that drives his imagination.”

Tucson Museum of Art will be offering special events in addition to the Friday, January 25, 2019 preview, 6-8 pm, for invited guests and TMA members:

  • Artist/Curator Conversation + Book Signing, Saturday, January 26, 2019, 1 p.m., free with museum admission: Estévez and exhibition curator Dr. Carol Damian will discuss Estévez’s artistic career. Estévez and Damian will sign copies of Carlos Estévez: Entelechy.
  • TMA@CCP: Special screening of Ana Mendieta: Fuego De Tierra – Tuesday, February 5, 2019, 6 p.m., free and open to the public: The Center for Creative Photography (CCP) at The University of Arizona hosts a special screening of the 1987 film, Ana Mendieta: Fuego De Tierra by Kate Horsfield, Nereida García-Ferraz, and Branda Miller. The film is a portrait of famed Cuban American artist Ana Mendieta, highlighting her work and tragic end.
  • TMA Leadership Circle Lecture Series – In Conversation: Nereida Garcia-Ferraz and Dr. Maribel Alvarez, Wednesday, February 13, 2019, 6 p.m., free and open to the public: Nereida García-Ferraz, an internationally recognized Cuban American artist, and Dr. Maribel Alvarez, Executive Director of the Southwest Folklife Center at the University of Arizona, discuss Garcia-Ferraz’s studio practice, life for Cuban artists living on the island, and the making of the film, Fuego De Tierra.

Carlos Estévez: Entelechy, Works from 1992 to 2018 is presented by the Kautz Family Foundation, James and Jocelyn Stoller, and the Tucson Museum of Art Latin American Art Patrons, with additional support by Ed and Cristine Hansen and Chris and Suzanne Armstrong.

Generous support of the 95th Anniversary exhibition season at the Tucson Museum of Art is provided by the Connie Hillman Family Foundation, James J. and Louise R. Glasser, and Jon and Linda Ender, with additional support by RBC Wealth Management: Richard A. Schaefer, Vance L. Falbaum, Bobby Present, Doug Mance, Tim Dunne, and Linda Immerman-Stoffers, and AC Hotel Tucson Downtown.