Phoenix, Arizona — Newmark is pleased to announce the hiring of real estate industry veteran Scott Scharlach as Managing Director. Scharlach will join the Phoenix Capital Markets team where he will partner with Executive Managing Director CJ Osbrink. With more than 15 years of commercial real estate experience, Scott has substantial expertise in all aspects of real estate investing including underwriting, due diligence, financing, leasing and asset management.

“We are thrilled to bring Scott’s expertise to our Phoenix Capital Markets platform,” said Greg May, Executive Vice President and West Region Market Leader. “His extensive experience and relationships throughout the capital markets segment will be a valued addition to our growing team.”

Scharlach joins Newmark after spending nine years as a commercial real estate principal, originally as Co-Founder and Partner at Progression REI, and subsequently as a Partner with Waterford Property Company. Scharlach has led acquisitions of more than $175 million in total value. Notable purchases have included a 550,000-square-foot power center anchored by Walmart and Lowe’s in Las Vegas and the acquisition of a defaulted note secured by a 350,000-square-foot retail center in Downtown Long Beach.

Scharlach began his career in commercial real estate with Travers Realty as an office leasing broker specializing in representing tenants in their search and negotiation for office space in Downtown Los Angeles. He then joined CBRE, where we worked until returning to graduate school to earn his master’s degree in Real Estate Development.

“I’m excited to be joining the team at Newmark and look forward to partnering with CJ to add value to the capital markets team here in Phoenix,” said Scharlach. “Newmark’s impressive platform will allow me to expand existing relationships and build new ones to deliver first-class results for our clients.”

Scharlach earned his undergraduate degree with a concentration in Real Estate Finance from the Marshall School of Business at the University of Southern California. He subsequently received his Master of Real Estate Development from the Price School of Public Policy, also from USC.

TUCSON, ARIZONA — Highlighted this week is 3,700-square-foot retail space at 8290 S. Houghton Road, Tucson to Heart & Soul Kid’s Activity Center handled by Andrew Sternberg and Gordon Wagner with NAI Horizon and Doug Marsh and Lori Casey with Oxford Realty.

The following leases were submitted to the Real Estate Daily News for the Tucson Lease Report from February 7 thru 11, 2022.

RETAIL – 8290 S. HOUGHTON RD., TUCSON 85747, Southeast
Heart & Soul Kid’s Activity Center leased 3,700-square-feet at Rita Ranch Plaza, 8290 S. Houghton Road, Tucson. Andrew Sternberg and Gordon Wagner with NAI Horizon represented the Landlord, KMC III, LLC, and Doug Marsh and Lori Casey with Oxford Realty Advisors represented the Tenant.

OFFICE – 5780 N. SWAN RD., TUCSON 85718, Northeast
Landmark One Realty, LLC, leased 3,462-square-feet of office space from Holualoa Foothills Office Plaza, LLC, located at 5780 N. Swan Rd. in Tucson. Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction; Dave Volk, Volk Company, represented the landlord.

INDUSTRIAL – 4151 E TENNESSEE ST., TUCSON 85714, South
Cadillac Coatings LLC leased 3,000-square-feet of industrial space at Tucson Industrial Center, 4151 E. Tennessee St., Suite 226, from Tic Tac Properties, LLC. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 2890 E. SKYLINE DR., TUCSON 85718, Northeast
First American Title Insurance Company leased 2,227-square-feet of office space in Plaza Colonial, 2890 E. Skyline Dr., Suite 200 in Tucson, from Plaza Colonial, LLC. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. John G. Yarborough with Romano Real Estate Corporation represented the landlord.

OFFICE – 1511 S LA CANADA DR., TUCSON 85704, Northwest
Sonora Quest Laboratories, LLC leased 1,890-square-feet of office space at Continental Professional Plaza, 1151 S. La Canada Dr., Suite 208 in Green Valley, from Continental Professional Plaza. Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Valerie Schuyler with Partners Management and Consultants, Inc., represented the landlord.

INDUSTRIAL – 4141 E. TENNESSEE ST., TUCSON 85714, South
Datacom Solutions LLC renewed their lease with Tic-Tac Properties, LLC, for 1,500-square-feet of industrial space at Tucson Industrial Center, 4141 E. Tennessee St., Suite 147. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction

INDUSTRIAL – 3538 N. ROMERO RD., TUCSON 85705, Central
Stantec Consulting Services, Inc., leased 1,500-square-feet of industrial space from Costa Verde Investments, LLC, located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 184 in Tucson. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 1533 W. ST. MARY’S RD., TUCSON 85745, West
Edward Ramos, d/b/a State Farm Insurance, leased 1,260-square-feet of retail space at 1533 W. Saint Mary’s Rd., in Tucson, from Tucson St. Mary’s Plaza, LLC. Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 3955 E. SPEEDWAY BLVD., TUCSON 85712, Northeast
Nails Zone leased 1,219-square-feet of retail space from Central Point Tucson, LLC, located in Central Point Business Plaza, 3955 E. Speedway Blvd, Suite 103 in Tucson. Rob Tomlinson and Greg Furrier, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 3710 S. PARK AVE., TUCSON 85713, South
Pleasure Spas, Inc. leased 1,200-square-feet at Gateway Industrial Park, 3710 S. Park Ave., Suite 704 in Tucson, from CRE Higley Park, LLC. Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 910 W. IRVINGTON RD., TUCSON 85714, South
Ding Tea Irvington, LLC leased 1,320-square-feet at 910 W. Irvington Road, Suite 100, Tucson, Arizona. Ding Tea will be opening their second Tucson location and will be joining Cardenas Ranch Market and Autozone’s Megahub store at Placita del Rio Shopping Center. Scott Soelter with NAI Horizon represented the Landlord and Craig Finfrock with Commercial Retail Advisors, LLC represented the Tenant in this transaction.

Submit sales and leases to [email protected]

PHOENIX, ARIZONA  – NAI Horizon represented the landlord, ViaWest Group, in a long-term lease for a national distributor of construction equipment, packaging machines, tools, and supplies at Airport48 Industrial, a Class A industrial building expected to deliver later this year.

NAI Horizon Senior Vice President Isy Sonabend and Agent Drew Eisen represented VWP 48th Street Owner, LLC (ViaWestGroup), in the long-term lease worth $7.97 million. SouthernCarlson will occupy 65,008 SF of the turnkey building, which will total 146,526 SF upon completion.

Airport48, 3232 S. 48th St., in Phoenix, will be constructed on 10 acres of industrial-zoned land. The state-of-the-art warehouse is located on one of the last remaining infill land sites in Central Phoenix, just minutes from Phoenix Sky Harbor International Airport.

“We are pleased to welcome SouthernCarlson, as the first tenant at Airport48,” Sonabend said. “This location provides quick access to the entire Phoenix freeway grid, as well as direct entrance to Sky Harbor International Airport, an important element of SouthernCarlson’s requirement.”

The central location of Airport48 and its proximity to the freeway system through a full diamond interchange will provide logistics-based companies convenient access to

all points in the Metro Phoenix market. It will also provide same-day drive times to key Western markets such as Los Angeles, Las Vegas, Salt Lake City, and Albuquerque.

Joshua Wyss of Cushman & Wakefield represented SouthernCarlson.