Read to Shelter Pets at the Humane Society of SoAZ on July 4th

TUCSON, AZ – Read to shelter pets at the Humane Society of Southern Arizona (HSSA) on the 4th of July. The 4th of July can be a stressful time for pets and people alike. Many pets are fearful of the loud noises created by fireworks, causing great anxiety.

Help our shelter pets stay calm and safe by registering for our first ever Patriots, Paws and Pages. Active duty and veteran members of all branches of our armed forces – and any adult who cares about reducing shelter pets’ stress levels during the holiday- are encouraged to register to read to shelter cats and dogs. Having someone spend time reading to them during this stressful time will make a difference in their lives. Reading will take place in the Dog and Cat Adoption areas outside of the kennels.

“We are excited to see our community come together to comfort the cats and dogs at HSSA on the 4th of July. This is a great opportunity to make a difference for a cat or dog that does not get to enjoy the comforts of home during the evening fireworks shows,” said Inge Koopman-Leyva, Director of Education and Community Outreach.

Bookman’s Entertainment Exchange and HSSA Thrift Store have generously donated a variety of books for participants to read. Participants are welcome to keep their chosen book or bring a favorite book from home. HSSA will be providing chairs, sitting pillows, bottled water, and directions on quality interactions with our animals while keeping everyone safe. There will also be delicious treats provided by Amy’s Donuts and Nothing Bundt Cakes.

Registration is now open for three one hour sessions starting at 7:30pm, 8:30pm, or 9:30pm. Preregistration is required and space is limited. All participants must be at least 18 years of age. For more information visit www.HSSAZ.org/75, email afaulk@hssaz.org, or call 520-327-6088, ext. 171.

HSSA Main Campus will not be open for adoptions or merchandise sales at this event. For more information on Paws and Pages Literacy Program for children ages 5 to 11 visit www.HSSAZ.org/READ.

Don’t forget to keep your pets at home safe with these helpful tips:

§  Leave pets at home and inside. Fireworks can be terrifying to pets, even pets who are accustomed to being around crowds and commotion.

§  Create a home sanctuary. Leave your pet in an area of your home where he or she is safe, comfortable and sheltered from any outside noise and lights. An interior room without immediate access to the outside is preferred. Playing a radio with relaxing music may help mask the sound of fireworks. Thundershirts are a great resource that provide a sense of security for fearful cats and dogs.

§  Pet-proof your home. When scared, some animals may become destructive so be sure to remove anything from reach that can become damaged or may harm the pet if chewed or eaten.

§  Identification is essential. Pets may panic, escape and become lost. Updated identification is critical to ensuring lost pets are reunited with their families. Ideal identification is both a tag and microchip.

§  Consult a veterinarian for pets with anxiety. Consult your veterinarian before the Fourth of July to seek out remedies to lower your pet’s stress level if this is a known issue.

If your pet gets out, or if you find a lost pet, HSSA encourage you to immediately speak with your neighbors and post notices throughout the neighborhood and at all major intersections near where the pet was lost. HSSA’s Admissions Department will open Friday, July 5th at 9am. At that time you can call 520-327-6088, ext. 103 to report a lost or found pet. You can also visit HSSA Main Campus at 635 W. Roger Rd. to view stray animals. To view available photos of stray animals, download a lost dog or cat flier, download a found dog or cat flier, or for more information visit https://hssaz.org/services/admission/lost-found-pets/.




Maracay Awarded Power Builder Distinction by U.S. Green Building Council’s 2018 LEED Home Awards

Annual awards honor prominent projects, developers and builders in residential sustainability 

SCOTTSDALE, Ariz. – Maracay has been named a Power Builder by the U.S. Green Building Council (USGBC) as a part of the LEED Homes Awards, an annual honor celebrating residential projects, developers and builders using LEED to improve quality of life for residents, reduce a building’s impact on the environment, and create healthier and more resilient communities. The winners of the LEED Homes Awards include multi-family, single-family and affordable housing projects and companies who utilized innovative and effective sustainability methods in residential spaces in 2018.

In 2018 and thus far in 2019, Maracay has constructed more than 300 LEED-certified homes and launched 10 new home communities with all LEED-certified homes. Maracay is also the only large-scale production homebuilder in the Greater Phoenix Area constructing LEED-certified homes and is the third largest single-family LEED homebuilder in the nation.

“Our commitment to green building began more than a decade ago with building all Energy Star® certified homes and continues to grow and evolve through programs such as LEED and Indoor airPLUS,” said Andy Warren, Maracay President. “We recognize the importance of homes being healthy and sustainable for both families and the planet, which is why we continue to be the Arizona builder families can trust for carefully crafted homes that meet the highest standards of sustainable new home construction.”

LEED Homes Power Builders are an elite group of developers and builders that have exhibited an outstanding commitment to LEED and the green building movement within the residential sector. Each Power Builder successfully certified 75 percent or more of their homes and residential units in 2018.

“LEED is known for setting the highest standards for the sustainability and performance of buildings, and it plays an even more important role when it’s applied to our personal spaces – our homes,” said Mahesh Ramanujam, president and CEO, USGBC. “We are seeing more and more homeowners and builders make the important decision to pursue LEED, and USGBC is committed to continue building on the success of the residential market.”

LEED-certified homes are designed to use 30–50 percent less energy than typical homes. Maracay offers homes that meet the EPA’s Indoor airPLUS specification and feature water-efficient fixtures, LED lighting, energy-efficient heating and cooling systems, Energy Star® appliances, tankless water heaters, and Wi-Fi-enabled, programmable thermostats. Additionally, the homes feature Maracay’s proprietary LivingSmart® program for maximum performance and cost efficiency.

For more information on Maracay and its green building practices, please visit www.MaracayHomes.com.




NAIOP Arizona Developing Leaders Young Professional Group caps year with 2018-2019 team competition

PHOENIX, ARIZONA  – A stellar group of 19 protégés was honored recently as the NAIOP Arizona Developing Leaders Young Professional Group (YPG) Mentor Program hosted graduation for the 2018-2019 class at Citizen Public House.

Mentors and protégés gathered June 10 in Scottsdale for a reception, presentations and dinner. The 19 protégés, grouped into four teams, pitched development proposals on their choice of two sites: Cactus Commerce Center, an industrial development; and Summit Business Park, an office development.

Teams were matched throughout the 9-month program and created a development and business plan for the site. The program culminated with project presentations to equity sources, pitching them to invest in their respective deals.

NITTA Commerce Center took home top honors. The proposal was to take down the site in four phases and develop a combination of industrial, flex space and retail. Future phases incorporated self-storage and cold storage.

Team members included Ryan Donahue, Lovitt-Touche; Mark Esslinger, Colliers; Matt Field, Ryan Companies US; Lauren Fisher, Deutsch Architecture Group; Jake Hanvey, Willmeng Construction; and Aaron Kimberlin, McShane Companies. John Orsak of Lincoln Property Company was mentor of the winning team.

“This program is truly a great opportunity for the participating protégés to gain a better perspective of the various aspects of real estate development,” said mentor Cathy Thuringer of Trammell Crow Company. “I have served as a mentor for the last four years and continue to be a huge advocate of the program for the valuable insight it provides young professionals into the complicated world of development.”

Additional mentors were Megan Creecy-Herman, Prologis; and Molly Carson, Ryan Companies US. Serving on the Investment Committee (judging panel) were Cooper Fratt, CBRE; Gary Anderson, Cushman & Wakefield; Pat Devine, Artis REIT; and Jeanine Jerkovic, City of Surprise Economic Development.

Program chair was Cullen Mahoney of Trammell Crow Company. Co-chairs were Josh Tracy, Ryan Companies US; and Mollie Zemer, Barclay Group.

“The YPG program is educational, collaborative and offers participants a better understanding of how all the pieces of a development come together,” Zemer said. “We had four great presentations this year, all groups chose industrial for this site and each pitch was unique in its offering.”

The rest of the protégés include Alyssa Altosino, Cushman & Wakefield; Justin Arnitz, Lincoln Property Company; Shane Coppedge, Brycon; Tanner Ferrandi, CBRE; Connor Maloney, Transwestern; Matthew Miceli, Midfirst Bank

Juan Montoya, Okland Capital; Michael Mulé, Wells Fargo; Cody Pillsbury, Layton Construction; Nico Rochwalik, JOKAKE Construction; Patrick Schrimsher, Cushman & Wakefield; Massimo Sommacampagna, CIMA Holdings, LLC; and Drew Wenger, FCI Constructors, Inc.

Applications for the 2019-2020 NAIOP YPG Mentor Program will be available in September. All NAIOP members who are age 35 or under qualify to participate in the Developing Leaders program, whether they joined through the DL membership category or as part of a corporate membership.




Technology Giant Google Coming to Mesa Elliot Road Technology Corridor

Google site at NEC Elliot & Sossman

MESA, Arizona — Technology giant Google is coming to Mesa, lured by a tax incentive agreement to build a massive data center in the emerging Elliot Road Technology Corridor.

Monday evening, The Mesa City Council voted to approve an agreement giving Google the go-ahead to build on a data center within five years.

Negotiations were on a development agreement for the 186 acres at Elliot and Sossaman roads. City staff recommended approval of the agreement on the $1 billion, three-phase, 750,000-square-foot Red Hawk project. The sides had been engaged in deep negotiations for the past year.

The East Valley city already is home to Apple, AT&T and Boeing, which are all in top  50 of Fortune magazine’s ratings.

The parcel, owned by the longtime Gilbert-area ranching and dairy Morrison family, was rezoned in April to allow for use by a data center.

Salary projections of full-time employees was a minimum of $65,000. Jobs at the site were expected to includes systems administrators, technicians, facilities works and support, some from outside sources.

The “GPLET,’’ or Government Property Lease Excise Tax, would be in effect for 25 years approved by the council.

The city would be the deed holder for those years and get back more than $30 million of indirect taxes, as opposed to nearly $49 million if Google were to build the data center without the tax incentive.

Google could take up to 10 years to finish construction.




ABI Multifamily Brokers $19.75M, 164-Unit Glendale Apartment Community

Phoenix, Ariz. –  ABI Multifamily  is proud to announce the $19,750,000 / $120,427 per unit / $181.07 PSF sale of Ridgepoint Apartments in Glendale, Arizona.

Ridgepoint is a 164-unit apartment community in the South Glendale submarket, a well-established area that is currently experiencing a wave of growth and development. Infrastructure and commercial projects in various stages of development currently total more than $173 Million, including more than 475 new multifamily units with an estimated construction and development cost of more than $73 Million.

Built in 1986, Ridgepoint offers an attractive mix of one and two-bedroom unit types. An ongoing renovation program over recent years left the property with approximately 42 percent of its units fully renovated, 39 percent partially renovated and 20 percent little changed from the original at the time of the sale.

ABI Multifamily’s Alon Shnitzer, John Kobierowski, Rue Bax, Eddie Chang and Doug Lazovick represented both parties.

“The Seller, Emma Capital, is a long-term client of ABI’s,” Shnitzer said. “In 2012, we represented them on the initial transaction, which marked their formal entry into the Phoenix multifamily market. It has truly been a pleasure working with them and helping them grow their Phoenix multifamily portfolio.”

He continued, “Emma Capital timed the market perfectly and began implementing a value-add interior renovations play at acquisition, but they also held the smart strategic mindset of leaving value-add capacity for the next buyer, which caused a flurry of activity to present itself during the marketing campaign.”

Emma Capital was founded in 2012 and specializes in the identification, financing, acquisition and operation of multifamily residential complexes, particularly in the Sun Belt and Midwestern states in the U.S. To date, Emma Capital’s portfolio consists of total asset value of approximately $1.3 Billion of property and approximately 10,000 units in the Phoenix, Atlanta, Charlotte, Nashville, Orlando, Indianapolis and Raleigh/Durham markets.

The Arizona-based Buyers — Whitehaven Capital and Source Capital — are a conglomerate of private investment equity firms specializing in the acquisition and re-positioning of apartment assets in the Phoenix MSA. They focus on acquisitions with opportunities to create significant additional value through strategic management and physical asset renovations.

 




Pima Vocational High School, Las Artes accepting students for program sessions starting in July

PIMA COUNTY, ARIZONA — Two Pima County programs that assist at-risk students in graduating high school are accepting applications for entry into sessions starting in July.

Pima Vocational High School is accepting students age 16-21 who want to earn their high school diploma for the program session that begins July 16. Interested students must attend a two-day orientation July 11-12 from 1:30 to 4:30 p.m. each day, at PVHS’s south campus, 175 W. Irvington Road. Pima Vocational’s second campus is located on the northwest side, 5025 W. Ina Road. Call 724-9740 to reserve a spot. Download a registration packet from the PVHS website or pick one up at either campus.

PVHS offers students real-world work experience with their academic classes, enabling them to pair their studies with internships ranging from office work to daycare to nonprofit work.

Students leave with an accredited high school diploma, career plan, and possessing the ability to sustain a job.

Pima County’s Las Artes Arts & Education Center is also accepting students for the GED program session that begins July 8. The program pays students a weekly incentive to offset the cost of transportation, clothing and school supplies. A new student orientation takes place July 8 at 8:30 a.m. at the school, 23 W. 27th St. in South Tucson.

Young people ages 17-22 must complete an application and take a basic assessment to determine placement level before attending the Las Artes orientation. They can come to the school Monday through Thursday for that initial assessment, beginning at 8:15 a.m.

Both schools are programs of the Pima County Community Services, Employment and Training Department.




Former JCPenney’s at Metrocenter Mall Sold to Denver, CO Investor

Cushman & Wakefield sells 156,000 SF to Southwestern Property Corp.

PHOENIX, Arizona – On behalf of New York-based Carlyle Development Group, Cushman & Wakefield sold a portion of Metrocenter Mall – the former JCPenney’s – to Denver-based Southwestern Property Corp. The property located at 9617 N. Metro Parkway in Phoenix sold for $3.17 million.

Brent Mallonee, Don Arones and Greg McMillan of Cushman & Wakefield’s Phoenix office represented the seller in the transaction. Mallonee stated, “We’re pleased to be able to work on behalf of Carlyle on this transaction and the continued repositioning of this iconic property in the heart of Phoenix. We look forward to continuing our role in the evolution and next life of Metrocenter.”

Southwestern Property Corp. plans to redevelop the former 156,000-square-foot JCPenney’s into a high-end self-storage and boat/RV storage facility, or entertainment uses.

Metrocenter Mall includes 686,000 SF of existing buildings located on a 52-acre portion of a 130-acre Planned Unit Development (PUD) site in North Phoenix. Metrocenter represents the opportunity to redevelop a large regional suburban mall into an urban central core mixed-use project that is envisioned to have high density, multifamily housing, employment, retail, entertainment, and enhanced transit opportunities including an on-site future light rail station and existing bus station.

The potential mixed-use redevelopment site allows for a variety of uses including retail, office, multi-family, senior housing, healthcare, education, and much more. The site is currently configured with three existing anchor tenant buildings and a two-story enclosed mall building all of which can be re-adapted for new uses or removed to accommodate new construction under the very flexible PUD. The property is also located in an Opportunity Zone.




SVN Desert Commercial Advisors bring on 4 new summer interns

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




Tucson Lease Report June 24-28, 2019

Tucson Lease Report June 24-28, 2019

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.

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.

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.

OFFICE – 5717 E 5th ST., TUCSON
Endozona, PLLC leased 1,172-sqaure-feet at 5717 E. 5th 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.

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 1st AVE., TUCSON
Franchisee Sean-Jacob Company, LLC, dba The Dapper Doughnut, signed a lease at Shoppes at 1st & Roger for a 1,040-square-foot space located at the 4016 N. 1st Avenue, Suite 180, at the northeast corner of 1st 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 1st & Roger, LLC, and Christopher Tsighis of Coldwell Banker represented the Tenant in this lease transaction.

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.




ClearChoice Inks Deal at Chandler Viridian

Photo Courtesy of Whiting-Turner

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.




Local CCIM Elected to Serve as First Vice President Region 2 of CCIM Institute for 2020

Craig Finfrock, CCIM, First RVP CCIM Institute

Tucson, AZ — The Southern Arizona Chapter of CCIM Institute – Craig Finfrock, CCIM was elected to serve as First RVP for CCIM Institute’s Region 2 for 2020 on April 20, 2019. The election was held by the Region 2’s Chapter Presidents. Region 2 includes California, Arizona, Nevada, and Hawaii and is the CCIM Institute’s largest Region.

Craig Finfrock is the immediate past President of the Southern Arizona Chapter of CCIM Institute and has served on this Chapter’s Board since 2015. Currently, Mr. Finfrock serves on the CCIM Institute’s Designation Committee and Chapter Activities Subcommittee.

CCIM Institute is a global community of 13,000 members, more than 50 chapters, and 30 countries that educates and connects the world’s leading experts in commercial real estate investment strategy, financial analysis, and market analysis.

Learn more about CCIM Institute’s education and designation program at ccim.com.




NAI Horizon negotiates $4.63M sale of award-winning Phoenix building, 2944 Plaza

PHOENIX, ARIZONA – NAI Horizon represented Alva Pinchot, LLC (Frederic Winssinger, Principal), in the $4.63 million disposition of 2944 Plaza, a 28,312 SF office property located at 2944 North 44th St., in Phoenix.

NAI Horizon Senior Vice President Lane Neville and Associate Logan Crum represented the seller. Tenants at 2944 Plaza include NAI Horizon, RW Partners, ORB Architecture, Freestar LLC, Salt Digital and the office of U.S. Congressman Greg Stanton.

The building near the intersection of 44th Street and Thomas Road was designed by award-winning architect Eddie Jones. It earned two prestigious design awards: the American Institute Honor Award and the AIA Western International Design Award.

The property is strategically located in the heart of the 44th Street corridor with immediate proximity to the acclaimed Arcadia neighborhood, one of the most sought after residential areas in the City of Phoenix,” Neville said.

Jeff Conrad with Lee & Associates was the broker for the buyer, Curran Properties, L.P. of Washington, represented by Michael Dolan, Scott Carson and Carrie Carson.