Monday, June 25, 2018

Tucson Lease Report June 18-22, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 18-22, 2018. INDUSTRIAL – 3600 S PALO VERDE RD., TUCSON Block One Property, LLC, a Tucson-based owner, has completed a 5,520-square-foot lease at 3600 S. Palo Verde Rd with Single Source, Inc....

Phoenix Lease Report June 18-22, 2018

The following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from June 18 thru 22, 2018. FLEX OFFICE – 3707 E SOUTHERN AVE., MESA NAI Horizon negotiated a long-term lease on behalf of the landlord of a free-standing building in Mesa that serves...

Hertz Car Rental Tucson Grand Opening leaves 2,860 SF Adjacent Co-tenant...

TUCSON, ARIZONA -- Dave Weigel, with Commercial Realty, proudly announces the Grand Opening of Hertz Car Rental at 5905 E. Speedway Blvd. in Tucson, Arizona. The 6,860-square-foot freestanding, former auto parts store is located on a busy, high visibility corner with abundant parking in the densely populated eastern central commercial...

Cushman & Wakefield files for IPO

CHICAGO, ILL. — Cushman & Wakefield has filed registration with the SEC for an initial public offering (IPO). The number of shares to be offered and the price range for the proposed offering have yet to be determined. Chicago-based Cushman & Wakefield is among the largest real estate services firms...

Damages to Student Housing Construction Site Rises to $8-$10 Million

TUCSON, ARIZONA -- UPDATE to the fire at student housing construction site this week:  Tucson Fire Investigators worked with fellow public safety partners this week to determine the origin and a cause for Tuesday's early morning multiple alarm fire at the student housing construction site The Mark at Tucson...

Fort Lowell Realty & Property Management Exercises Option on Tucson Building

TUCSON, ARIZONA -- Fort Lowell Realty & Property Management, Inc. (James Collopy, director) purchased an office building located at 2026 E. Prince Rd. in Tucson, from Prince Road Professional Plaza, LLC (Ione Jitare, member) for $432,099 ($130 PSF) Tucson-based Fort Lowell Realty & Property Management was a tenant for two-years...

The Shoppes at Rogers Ranch Shopping Center in Phoenix Sell for...

PHOENIX, Arizona – CBRE has completed the sale of a 100 percent occupied shopping center located at the northeast corner of 51st Avenue and Baseline Road in Laveen, an urban village located within metro Phoenix. The nearly 34,575-square-foot retail property has a complimentary mix of tenants, including Jimmy John’s,...

Starbucks Campbell Corridor Grand Opening is a Big Deal for Tucson...

TUCSON, ARIZONA – Starbucks at 2807 N Campbell, the northwest corner of Campbell & Glenn, celebrated its grand opening Thursday. The opening was a special occasion for Developer / Landlord, Jason Wong, CCIM, of Crestline Properties who invited City staff, contractors, architects, engineers, and friends involved in the project to...

The Trinity Mixed-Use Project Ready To Begin Construction this Fall

TUCSON, ARIZONA – A joint venture between R+R Development, LLC (Randi Dorman and Rob Paulus, members) and Bourn Properties, LLC (Don Bourn, manager), Trinity Project Investors LLC, closed on the first takedown from Trinity Presbyterian Church of Tucson for $700,000 ($21 PSF). The 33,198-square-foot lot is located along University...

Major Road Projects move forward for SR 189, I-17 and SR...

PHOENIX, Arizona  – A major freight corridor in southern Arizona that moves trucks to and from Mexico for produce and other goods will undergo a full build-out of improvements over the next few years now that the State Transportation Board formally approved the funding for the project. The board approved...

Two Alarm Fire at The Mark at Tucson Student Housing Construction...

TUCSON, Arizona -- Tuesday morning's fire at The Mark at Tucson is estimated to have caused in excess of $1 million in damage. The fire destroyed major portions of the multi-story student housing building scheduled to open fall 2019 while still under construction, as well as significantly damaging/destroying construction...

Ally Bluechel joins NAI Horizon as Marketing Specialist

PHOENIX, ARIZONA – NAI Horizon, having just celebrated its 25th anniversary in the Valley in 2017, continues its growth in Arizona with the hiring of Ally Bluechel as Marketing Specialist. Bluechel will provide support to NAI Horizon brokerage teams by developing materials for marketing proposals. She will also create and...
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