Phoenix, Arizona  – SVN Desert Commercial Advisors is pleased to announce they have brought in four new summer interns to join the SVN team.  Every summer the top ranking office recruits from all the Arizona Universities.  This year, SVN brought in 2 interns from Arizona State University and 2 from the University of Arizona.

The SVN Internship Program was created to help invest in the future of young entrepreneurs that are interested in starting a career in commercial real estate.  Through hands-on projects and assignments, along with immersion into financial underwriting, sales techniques, and transaction management, graduates of the Internship Program will be in a position to transition into a career with SVN.  Having been carefully selected from hundreds of resumes, the groups bring great energy and a positive attitude, fully in line with the SVN Core Covenants.

Interns Ryan Johnson and Jeewon Park are both attending Arizona State University.  Johnson is studying Finance with a minor in Real Estate and Jeewon Park is pursuing a degree in Business Data Analytics with a minor in Real Estate. Paisley Petersen and Thomas Albin are attending the University of Arizona. The Wildcats, Paisley Petersen is in the Eller College of Management studying Marketing and Thomas Albin is studying Management Information Systems with a minor in Photography.  Managing Partner Perry Laufenberg stated, “They all bring something different to our office.  Ryan is a natural leader that is achievement oriented, making him an asset to the team.  Jeewon brings a professional demeanor and sales experience that opens the doors for him to excel in our office.  Paisley brings such great creativity and really exudes teamwork and Thomas has such a passion for real estate and growth mindset that are a perfect fit within our office culture.

Peterson stated, “I didn’t realize that there is so much that goes into every process and how many steps that goes into developing the final product.”(Referencing the Offering Memorandums)  Director of Marketing, PR & Administration sat down 1-on-1 with them and had a chance to review the first 2 weeks into their internship program. “We are so excited to bring such great young energy to our office. The interns are learning everyday and we are all getting to know their personalities and strengths in just a short amount of time.  They have learned quickly and it’s been such a pleasure to have them here. I mean 2 Sun Devils and 2 Wildcats – it doesn’t get much better than that.”

ASU student, Jeewon Park said, “It has been really cool to see how it starts from beginning to end, from proposals and going onto to sales Offering Memorandum, then getting that listing and just all the steps in between.”  The internship program will run through the beginning of August, just about the time that school begins the fall semester so they will have a solid two months of commercial real estate education and training.  “I have had the opportunity to jump right in and get first-hand experience with working with the brokers; to make proposals, go on site tours, attend broker’s event and just really jump into the culture,” said ASU student Ryan Johnson. “You just never know who you are going to meet and I just really enjoy getting out there and meeting people in the brokerage community.”  Thomas Albin also had the chance of getting some first-hand experience with our advisors.  “I didn’t really know too much about commercial real estate coming into this because my parents come from the residential side, but over the last couple of weeks, I have learned about Costar, from sales proposals, producing Offering Memorandums, and going on site tours with the brokers,” said Thomas Albin from U of A. “I am really excited to get into the underwriting part of it.”  An intern who looks forward to the underwriting training is when you know you have a great group of young entrepreneurs on your team.

For more information about the SVN Internship Program, please contact us through our website at www.SVNDesertCommercial.com

This week’s lease report highlights two large industrial leases and retail space on Oracle Road to Goode Deals Discount Store.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 24 thru 28, 2019.

INDUSTRIAL – 6908 E CENTURY PARK DR., TUCSON
Micromex International leased a 141,913-square-foot industrial space located at 6908 East Century Park Drive from Century Park Properties, LLC. Jesse Blum and John Slattery of CBRE’s Tucson office handled transaction.[mepr-show rules=”58038″] Tenant Phone: 520.623.7980[/mepr-show]

INDUSTRIAL – 6992 E CENTURY PARK DR., TUCSON
Keefe Group, LLC expanded their current warehouse/ distributions space with the lease of an additional 30,000-square-feet of industrial space located at Century Park, 6992 East Century Park Drive, from Century Park Properties, LLC. John Slattery and Jesse Blum of CBRE’s Tucson office represented the landlord in the transaction.

RETAIL – 3820 N ORACLE RD., TUCSON
Goode Deals LLC, leased 12,116-square-feet at 3820 N. Oracle Road from 3838 Oracle Plaza Joint Ventures LLC.  The landlord was represented by Craig Finfrock of Commercial Retail Advisors. Rick Borane of VOLK Company represented the tenant.

RETAIL – 149 N STONE AVE., TUCSON
Tucson Co Working LLC dba Common Workspaces in its lease of 8,420-square-feet from the City of Tucson at 149 N. Stone Ave, where the tenant is operating a new co-working concept.  Ms. Bogen is also handling the leasing of the individual offices and resident desks. Ian Stuart of CBRE represented the landlord.  Leah Bogen Volk Company, represented the tenant.

RETAIL – 1535 N STONE AVE., TUCSON
Aya Mohammed and Baraa Hashim leased 4,400-square-feet at 1535 N. Stone where the tenant plans on opening a Middle Eastern Concept restaurant. Leah Bogen, Volk Company, represented the landlord, Vicente Sanchez Martinez and Marita Gomez Sanchez.

OFFICE – 800 W WETMORE RD., TUCSON
Tetra Tech leased a 3,847-square-foot office space located at 800 East Wetmore Road, Suite 230 from Floating Island Investments, LLC. The landlord was represented by David Montijo and Damian Wilkinson and the tenant was represented by David Volk of CBRE’s Tucson office and Nicole Bise of CBRE’s LA office.

RETAIL – 988 E UNIVERSITY BLVD., TUCSON
Snakes & Lattes Tucson leased 3,526-square-feet at 988 E University Blvd in Main Gate Square. Tamra Williamson of Bourn Advisory Services, LLC represented the landlord, Marshall Foundation, in negotiating the lease.

OFFICE – 3527 E FORT LOWELL RD., TUCSON
Precious metals Refinery, LLC leased a 2,600-square-foot office space located at 3527 East Fort Lowell Road from BLB, LLC. Bruce Suppes and Ian Stuart with CBRE represented the landlord in the transaction, Kevin Volk of The Volk Company represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR (Ask) Modified Gross; Tenant Phone: 520.395.0767[/mepr-show]

RETAIL – 943 E UNIVERSITY BLVD., TUCSON
Pizzeria Quattro, LLC dba Bacio Italiano leased 2,592-square-feet at 943 E University Blvd, Suite 125 in Main Gate Square. Tamra Williamson of Bourn Advisory Services, LLC represented the landlord, Marshall Foundation, in negotiating the lease.

RETAIL – El CON MALL, TUCSON
Version Wireless LLC leased 2,366-square-feet in a pad building in the front of El Con Mall, bringing the 800,000 square foot shopping center to 100% occupancy. The landlord is TKG El Con Center LLC. Brenna Lacey, Kevin Volk and Jeramy Price of VOLK Company handled the lease.

RETAIL – CAMPBELL VILLAGE SHOPPING CENTER, TUCSON
El Jefe Cat Lounge LLC in its lease of 2,164-square-feet from Foothills Business Ventures LLC in the Campbell Village Shopping Center, where the tenant will be opening Tucson’s first experiential cat lounge.  Chris Tsighis of Coldwell Banker represented the landlord. .  Leah Bogen Volk Company, represented the tenant.

RETAIL – VISTOSO PLAZA, TUCSON
OV Vapescape the leased 1,400-square-feet in the Safeway anchored Vistosa Plaza at Tangerine and Rancho Vistoso Boulevard, bringing the project to 100% occupancy. Jeramy Price and Kevin Volk of VOLK Company represented the landlord, Vistoso Opco LLC.

RETAIL – 2960 N SWAN RD., TUCSON
Winn Me, LLC has leased 1,334-square-feet at 2960 N. Swan Road, Suite 216, Plaza Palomino, from WCCP Plaza Palomino, LLC.  Cameron Casey of Oxford Realty Advisors represented the Tenant and Andrew Sternberg of NAI Horizon represented the Landlord in the transaction.  The financial services company, Winn Me, LLC, is excited to move into their newly remodeled suite.

RETAIL – 943 E UNIVERSITY BLVD., TUCSON
The Collective on 2nd leased 1,239-square-feet at 943 E University Blvd, Suite 101 in Main Gate Square. Tamra Williamson of Bourn Advisory Services, LLC represented the landlord, Marshall Foundation, in negotiating the lease.

RETAIL – TENGERINE CROSSING SHOPPING CENTER, TUCSON
Precious Metals Refinery, LLC, leased 1,200-square-feet in the Tangerine Crossings Shopping Center at Tangerine and Thornydale.  This location for buying and selling jewelry will be the tenant’s 4th Tucson area location.  The landlord was represented by Aaron Laprise of Picor. Kevin Volk of VOLK Company represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.445.3939[/mepr-show]

OFFICE – 5717 E 5^th ST., TUCSON
Endozona, PLLC leased 1,172-sqaure-feet at 5717 E. 5^th Street, from JBGST Trust.  Bruce Suppes of CBRE represented the Tenant and Lori Casey and Cameron Casey of Oxford Realty Advisors represented the Landlord in the transaction.  Dr. Justin Batz, Endodontist, leased the 1,172 SF space.[mepr-show rules=”58038″] Asking lease rate: $14.50 SF/YR (ask) Modified Gross[/mepr-show]

RETAIL – CONTINENTAL PLAZA SHOPPING CENTER, TUCSON
Holistic Quest LLC leased 1,140-square-feet in the Continental Plaza Shopping Center in Green Valley , where the tenant plans to open its fourth Your CBD store.  The tenant was represented by Jeramy Price of Volk Company. Along with Kevin Volk of Volk Company, Leah Bogen represented the landlord, Continental Green Valley Associates, LLC.

RETAIL – 4016 N 1^st AVE., TUCSON
Franchisee Sean-Jacob Company, LLC, dba The Dapper Doughnut, signed a lease at Shoppes at 1^st & Roger for a 1,040-square-foot space located at the 4016 N. 1^st Avenue, Suite 180, at the northeast corner of 1^st Avenue and Roger Road. The Dapper Doughnut is known for its gourmet toppings, an extended beverage line, and soft serve frozen desserts. This is the Franchisee’s first store and The Dapper Doughnut’s first store in Arizona. The Dapper Doughnut has 22 stores and 2 food trucks throughout the US and Canada, with 11 stores to open soon, including one in Scottsdale, AZ.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, Shoppes at 1^st & Roger, LLC, and Christopher Tsighis of Coldwell Banker represented the Tenant in this lease transaction. [mepr-show rules=”58038″]Tenant Phone: 520.820.5691.[/mepr-show]

RETAIL – 2748 N Campbell AVE., TUCSON
Arizona Computer Guru LLC, leased of 758-square-feet at 2748 N. Campbell Avenue for Arizona Computer Guru, a computer repair store, from Gee Properties-3 LLC.  The landlord was represented by Jesse Peron of CBRE. Kevin Volk of VOLK Company represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.304.8360.[/mepr-show]

First medical office space at new mixed-use development

PHOENIX, Arizona – Hines, the international real estate firm, announced today that ClearChoice has signed a long-term 8,641-square-foot lease at its new award-winning Chandler Viridian mixed-used development near Loop 101 and Loop 202.

ClearChoice provides innovative and quality dental implant care to patients at offices throughout the country. The Chandler Viridian location will be ClearChoice’s second location in Arizona, serving patients in the southern part of the Phoenix area and even drawing patients from southern Arizona.

With the addition of ClearChoice to the tenant roster, the entire first floor of the six-story Offices at Chandler Viridian is now leased after officially opening in January 2019. Other tenants are Stantec, a global engineering, architecture and consulting firm, and Workuity, a coworking firm.

ClearChoice’s space will include exam rooms, a lab and consultation areas. ClearChoice will be located near the courtyard that connects to high-quality retail offerings such as Panera Bread and Sicilian Butcher, which is opening soon, and also the Cambria hotel and suites.

“Hines is thrilled to welcome our first medical office use to Chandler Viridian. The mixed-use environment with a high-quality office building, multifamily, hotel and retail offerings has generated much interest from a variety of possible tenants in recent months,” said Chris Anderson, senior managing director and Arizona leader for Hines.

Chandler Viridian’s immediate access to Loop 101 and Loop 202 and amenities at the mixed-use development drew ClearChoice.

“The network is eager to expand into the Chandler area and begin operations at Chandler Viridian,” said Kevin Mosher, CEO of ClearChoice Management Services, LLC. “The aim of ClearChoice is to provide the edentulous population with an improved overall state of health. This innovative property will be an ideal location to connect with the community and provide patients with world class dental expertise and compassionate care.”

ClearChoice expects to begin operating in August of 2019. With approximately 12 patient-focused employees, this new state-of-the-art dental implant center provides another warm and welcoming location to extend ClearChoice’s Platform of Hope to more Phoenix area patients.

The Offices at Chandler Viridian is a Class A office building with 250,000 square feet of leasable space near the Chandler Fashion Center. The building features a large, open floorplan with 10-foot tall ceilings, a lounge and a large courtyard. Hines developed the project in a joint venture agreement with New York Life Real Estate Investors, on behalf of its institutional client.

The office building is the capstone to the Chandler Viridian mixed-use project. In 2014, Hines razed Elevation Chandler, an unfinished structure and local eyesore at the site, and launched the mixed-use project. The Offices at Chandler Viridian is integrated into the Chandler Viridian master plan development, a 25-acre mixed-use project which also includes a Cambria hotel & suites, Broadstone Fashion Center luxury apartments, sophisticated retail offerings at Chandler Viridian PRIMEGATE and a pedestrian promenade to the Chandler Fashion Center mall. Also featured in the master plan is a dog park, ¾-mile jogging trail connecting all of the properties, and a large public plaza with high-speed Internet and Wi-Fi – all to enhance the pedestrian experience.

Chandler Viridian recently won Mixed-Use Project of the Year and the Offices at Chandler Viridian recently won Speculative Office of the Year at the 2019 Best of NAIOP Arizona Awards in March 2019. In November 2018, Chandler Viridian won Commercial Property Executive Magazine’s 2018 Distinguished Achievement Silver Award for Repositioning/Redevelopment. Chandler Viridian also won NAIOP Arizona’s Transaction of the Year in 2015.

The Cushman & Wakefield team of Jerry Roberts and Patrick Boyle brokered the ClearChoice lease for Hines. The Sidra team of Torrey DiRoberto and Matthew Wallace  represented ClearChoice.