RETAIL SPACE – 3931 W COSTCO DRIVE, MARANA

AZ Air Time Tucson, LLC (Barry and Jeff Jenkins) leased the 25,815 sq. ft. the former Petsmart at 3931 West Costco Drive for an indoor, air conditioned trampoline park.  AZ Air Time is a family business owned by long time Phoenix area residents Jeff and Barry Jenkins, father and son.

After many years as a business owner in the construction industry, Barry was looking for a change and happened upon the fast growing trampoline fun center concept. He enlisted his father to partner with him, and after researching the industry they were convinced they could improve the business model and opened their first Air Time at Scottsdale and Thunderbird in Scottsdale June 2011. Finding success at this first location, Tucson was selected be their second fun center park, being still close to home and with nothing comparable to it in the Tucson area.

Most people jump on a trampoline just for fun. However, many doctors, coaches, trampoline experts, and even NASA astronauts, agree that trampoline exercise provides the most time and energy-efficient workout possible. Calories burn more efficiently during trampoline exercise, and there is less stress on the body than with jogging, or jumping rope. If you aren’t familiar with things to do at the indoor trampoline park, you can chose between playing dodge ball, shooting baskets, jumping into a huge foam pit, practice tricks, or jump for aerobic exercise and health benefits for all ages while having a blast!

The Tucson park will be similar to the one in Scottsdale with a huge 5,000 sq. ft. main trampoline with angled walls, separate jump areas based on age, dodgeball courts, basketball hoops to practice your dunking skills, a huge foam pit to jump into, party areas with open seating or semi private spaces, an elevated private VIP party room, food and drinks served at the snack bar, secure protected storage for shoes and other belongings, daytime adult fitness classes, and free WiFi so parents can stay productive while the kids jump.

Austin Jenkins, the son of  Barry who also works in the business says, “It took us 3 months to build the first one, so we are hoping that the second time will be faster, but we should be open in Tucson by September, if not sooner.”

The company expects to open 10 or more locations throughout the United   States in the next few years and are always looking to hire people with an upbeat positive personality and commitment to make Air Time the best facility of its kind while having fun. The Tucson center will employ 40-50 staff members.

David Hammack of Volk Company Commercial Real Estate in Tucson  represented the landlord, D.D. Dunlap Trust and Dorothy Dunlap Trust. Jon Mirmelli of Realty One Group in Scottsdale represented the tenant.

Jenkins at Air Time can be reached at (480) 427-2000. Hammack can be contacted at (520) 326-3200 and Mirmelli is at (480) 315-1240.

This was the only lease reported for this time period. To submit sales or leases email [email protected]

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El Rio Community Health Center’s Board of Directors has confirmed the purchase of the historic Manning House downtown, which will house El Rio’s administrative offices in 2015 when 175 current staff members will relocate from the 3480 E Briannia Dr Building at Palo Verde and Valencia at lease termination.

El Rio Community Health Center is the largest provider of medical and dental services to uninsured and Medicaid populations in Pima County. With 17 sites in Tucson, El Rio serves the medical and dental needs of more than 79,000 patients annually. El Rio employs over 800 people with an annual budget of over $90 million dollars. A national model of health care excellence, El Rio’s mission is to “improve the health of our community through comprehensive, accessible, affordable, quality and compassionate care.”

Kathy Byrne, Executive Director of El Rio said, “The health center board of directors is committed to being part of the re-vitalization of downtown, the preservation of an important historic building, and cost effectiveness and efficiency in health center operations.” After a full due diligence process that took several months, the board made the decision to purchase the 34,860 sq. ft. Manning House and adjoining excess land totaling 4.5 acres at 450 W Paseo Redondo in Tucson for[mepr-show rules=”58038″]$3.05 million ($87 PSF) from two Tucson entities (Colleen Concannon, principal). The property was scheduled to be sold in a Trustee Sale on May 29th by the Scottsdale law firm of Kutak Rock on behalf of City National Bank of Los Angeles, but the lender cancelled the foreclosure auction to work with El Rio Health Center.

Richard Spaulding, El Rio’s Facilities Director said,  “Plans are to renovate the historic Manning House while construction of El Rio’s new 54,000 sq. ft., two-story building, west of the freeway on West Congress is being worked on;  that breaks ground in the next two weeks.” The new building will be directly in front of the current El Rio Gomez building at 839 W Congress where there is parking, and will continue to function until the new facility is able to receive patients, according to Spaulding. Only when the new building is ready, sometime in 2014, and all staff moved into the new building will the Gomez building be razed.

Planning for this new structure has been in the works since 2008, when it became obvious to the El Rio Board that the current health center’s Robert Gomez building was not going to be adequate much longer.  That same year they applied for a grant that was unfortunately denied. However, in May 2012, El Rio did receive two federal grants from the Department of Health and Human Services, under the Affordable Health Care Act, totaling $5.49 million, to help jump start the new Gomez building on Congress and take care of some smaller renovations at the El Rio Pediatrics building at Midvale and Valencia. El Rio reports the new construction cost for the Congress project to be about $14 million.

Placing the administrative offices nearby at the Manning House and in the center of the other 16 operating El Rio sites makes good business sense since many of the employees, from information technology, security, call center, accounting, Pima Community Access Program and senior leadership now located at the Britannia Building near the airport, frequently need to visit other El Rio locations and community partners in town.

The Manning House was designed by architect Henry Trost and built in 1907 for prominent business man and Tucson Mayor from 1905 to 1907, Levi Manning. The Manning family moved out in 1949 and it became an Elks Club Lodge that added 20,000 sq. ft. sq. ft. to the building and converted the atrium into a ballroom.  It later became office space and for the past 17 years before closing last July, has been a meetings and events venue. It is listed on the National Registry of Historic Places.

James Hardman of DESCO Southwest in Tucson represented the buyer and  Ian Stuart Vice-President and Jerry Hawkins 1^st Vice-President, Investment Properties of CBRE in Tucson represented the seller in the transaction.

Hardman can be reached at (520) 297-8929. Hawkins should be contacted at (520) 323-5109 and Stuart is at (520) 323-5180.[/mepr-show]

CRVI H-AZCO, LLC, an affiliate of Cypress Real Estate Advisors of Austin, TX sold 125 residential lots to Richmond American Homes of Arizona (Michael Del Castillo, Regional Vice President), for $1.86 million, or $14,840 per lot in Eagle Crest Ranch V in Pinal County.  The lots were a mixture of improvements: 33 finished lots and 92 platted and in various stages of being finished lots.

Eagle Crest Ranch is a community of 640+ homes in northwest Tucson. Located 6 miles north of Tangerine Road on Oracle Rd., it offers spectacular Catalina Mountain Views with acres of state land to the north and east providing a natural desert buffer with all kinds of wildlife. Richmond will be joining Lennar Homes at Eagle Crest see https://realestatedaily-news.com/lennar-homes-acquires-45-lots-at-eagle-crest-ranch-pinal-county/ that closed 30 days earlier.

Other communities where Richmond American is active in Northwest Tucson include the Arbors at Gladden Farms, Encore at Tangerine Crossing, Palisades at San Lucas, Premier at Tangerine Crossing, and The Preserve at Dove Mountain, all in Marana and Torreno at Rancho Vistoso in Oro Valley.

The buyer and seller were self-represented in the transaction.

To reach Cypress Real Estate Advisors call (512) 494-8510. Del Castillo can be reached at (520) 229-5454