RETAIL – 50,000 SF HOBBY LOBBY OPENED THIS WEEK
Hobby Lobby an Oklahoma-based company opened its firstTucsonstore this week at 5555 E Broadway Blvd., at the northeast corner of Craycroft and Broadway. The 50,000 sq. ft., a former Mervyn’s opened for business on Wednesday, March 20th, with a grand opening planned at9:00 amMonday. The lease orginated one year ago. David Leathers of D.E. Johnson & Associates in Northbrook, IL represented the tenant and Nancy McClure of CBRE represented the landlord, Benenson Capital Company of New York.

RESTAURANT SPACE – 5605 E RIVER RD, TUCSON
Family owned, Caffe Torino Ristorante Italiano (Daniela Borella, owner/chef), recently named as one of the Top 10 Restaurants in Arizona Highways Magazine for 2012, leased 2,718 sq. ft. at 5605 E River Road, in River Center. Taking the former Ric’s Cafe space at the northeast corner of River and Craycroft Roads, the space was leased from Larsen Baker. This is its second location for Caffe Torino, with the other at 10325 N La Canada in Oro Valley. Caffe Torino’s new location is expected to open in June and will have the same menu and original recipes as its first restaurant. Andy Seleznov and Melissa Lal of Larsen Baker represented the landlord.

CHURCH – 604 N 6TH AVE, TUCSON
A new church in Tucson, University City Church(Andy Tracy, pastor) leased the 34,163 sq. ft. iconic West University landmark property at 604 N Sixth Avenue from First Baptist Church of Tucson / Crosslife Ministries. Paul Hooker and Rob Tomlinson of Picor Commercial Real Estate Services of Tucson handled the transaction.

INDUSTRIAL SPACE – 5785 S BELVEDERE, TUCSON
Flanders Electric (David Paterson, President) an Indiana-based company, expanded into 10,000 sq. ft. and 1.24 acres at 5784 S Belvedere in the Gateway Commercial Center for a contractor’s yard from TCC Trust The tenant is relocating from its smaller space at 3710 S Dodge Blvd. Mike Beck of Voyager Bay Company handled the transaction.

RETAIL SPACE – 6336 N ORACLE RD, TUCSON
Orange Grove Body Workers, a salon and spa that provides manicures, pedicures and massages, (Mei Zhang & Xue Quieng, managers) leased 1,200 sq. ft. at Oracle Plaza, 6336 N Oracle Road, Suite 302, from D&B Associates. The spa expects to open in September. Craig Finfrock of Commercial Retail Advisors of Tucson represented the landlord.

RETAIL SPACE – 6538 E TANQUE VERDE RD, #160, TUCSON
Villa Feliz, LLC (Georgeanna Fimbres, owner) leased 1,120 sq. ft. of retail space at La Plaza Shoppes, 6538 East Tanque Verde Road, Suite 160. This will be a relocation of its existing space at El Mercado Shopping Center at Broadway and Wilmot. David Hammack of Volk Company Commercial Real Estate represented the Tenant. David Carroll of Romano Real Estate Corporation represented the Landlord, La Plaza Investors LLLP.

OFFICE SPACE – 1600 N TUCSON BLVD.,#120 TUCSON
A new business, Rooted Therapeutic Massage & Body Work (Sarah Cafiero, owner) leased 1,120 sq. ft. at 1600 N Tucson Blvd., Suite 120, from Gateway Realty & Development. Tom Nieman of Picor Commercial Real Estate Services of Tucson represented the landlord. Lori Casey of Oxford Realty Advisors represented the tenant.

INDUSTRIAL SPACE – 3820 E 44th STREET, TUCSON
Rocky Mountain Clean, (Gary Hoskins, owner) a privately owned internet business since 2009, leased 1,100 sq. ft at 3820 E 44th Street from Rich Rodgers Investment. RockyMountain Clean manufactures handmade soaps and shampoos. Brandon Rodgers of Picor Commercial Real Estate Services handled the transaction.

INDUSTRIAL SPACE – 2112 N DRAGOON ST, TUCSON
Anderson Ornamental Iron (Larry Anderson, owner) leased 1,000 sq. ft. at 2112 N Dragoon St. from Rich Rodgers Investment. Brandon Rodgers of Picor Commercial Real Estate Services handled the transaction.

To submit sales or leases please email [email protected]

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With the extended economic down-turn, non-profits have had to adapt to a tightened economy and increased demands, the same as other businesses. This is how three non-profit groups, all working with youth in the community, have recently found to cope with their real estate challenges.

Open Inn, Inc. an Arizona non-profit (Judy Tocco, President) sold its 4,500 sq. ft. building with excess land at 630 E 9th Street for[mepr-show rules=”58038″]$240,000 ($53 PSF) to Jet To The Promised Land, LLC (Phil Lipman, manager) in a sale leaseback agreement. The building was built in 1947 on an 8,024 sq. ft lot and sold with an additional 14,500 sq. ft of excess land.

Open Inn is a community based non-profit organization that has provided shelter and crisis intervention services for homeless, runaway, and at-risk youth and their families since its inception in 1974. From its Tucson hub, Open Inn has developed programs for runaway and homeless youth in rural communities in Northern and Southern Arizona, which would otherwise not be served. Open Inn serves more than 6,000 individuals per year in shelter care, supervised transitional living, independent living, life skills training, community assessment, truancy and outreach services. The non-profit occupied the building at 9th Street since 1999 and will continue to occupy it as a tenant in a sale leaseback agreement with new owner.

Gary Best and John Hamner of Keller Williams of Southern Arizona represented the seller and Phil Lipman of Bright Properties represented himself in the transaction.

In an unrelated sale, Youth On Their Own (Theresa Baker, Executive Director), also a local non-profit for youth, sold the property at 1443-1449 W Prince Road to Southwest Conservation Corps (Rob Spath, Executive Director) a Colorado based non-profit. The property sold for $331,500 ($121 PSF) for the 2,736 sq. ft. building that was built in 1980 on a 42,000 sq. ft lot.

The buyer, Southwest Conservation Corps (SCC), was founded in 1998 to provide 14-25 year old youth with structured, safe and challenging service and educational opportunities through projects that promote personal growth, the development of social skills, and an ethic of natural resource stewardship. The SCC program model was built upon the legacy of the Civilian Conservation Corps of the 1930s, and incorporates guiding principles of experiential learning, respect, openness, willingness, commitment, responsibility, pride, excellence, health and safety, and fun.

According to Spath, “We are happy to continue to be good stewards for the building and found we shared much in common with the seller, both in the same business of helping youth. During the course of the sale, we formed a good working relationship with the seller that resulted in referrals to one another. SCC will merge 3-1/2 locations, spread out around town now, under one roof at its new Prince Road headquarters.”

Dave Blanchette of CBRE in Tucson represented the seller and Tony Reed of Long Realty in Tucson represented the buyer in the transaction.

Reed is also marketing SCC’s 2,485 sq. ft. building at 1376 W St. Mary’s Road that is now vacant for sale.

Youth On Their Own moved into its new headquarters at 1660 N Alvernon Way that was acquired last December from P&J Enterprises (Eric Hein, manager) for $597,500 ($124 PSF) for this 4,800 sq. ft., 1-1/2 story building, built in 2001 on a 16,500 sq. ft. lot. According to Baker, “We were looking for more space, that would be more centrally located, and were about to give up the search when they found the Alvernon Way property. The split floor plan allows for youth programs to be expanded on the ground floor with administrative offices and board room upstairs.”

Youth On Their Own provides youth, through no fault of their own, who lack a parent or long-term legal guardian in their lives with a stable nighttime residence, financial assistance, basic needs and guidance as they work to obtain a high school diploma.

According to Baker, “It’s important to remember that non-profits are like any other business, we just give our profits back to the community. There is also a fiduciary duty to not allocate more than 30% of our contributions to the business operations while providing services. That means we must run our operation as streamlined and efficient as any other business, and that requires the right people with experience and modern equipment.” Baker continues, “It has been made possible through community sponsors, that Youth On Their Own has grown from assisting 400 students in 2010, to over 1,000 students graduating last June.”

Mark Irvin of Mark Irvin Commercial Real Estate Services represented the buyer and Ian Stuart of CBRE in Tucson represented P&J Enterprises, the seller.

For more information or to assist any of these non-profits, Open Inn is at (520) 628-9590, contact Youth On Their Own at (520) 293-1136, or reach Southwest Conservation Corps. at (520) 884-5550. Lipman can be reached at (520) 906-7215. Best and Hamner are at (520) 615-8400. Blanchette should be contacted at (520) 323-5138 and Reed is at (520) 918-5189. Stuart is able to be reached at (520) 323-5180 and Irvin is at (520) 620-1833.

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Purcell Properties, LP an affiliate of Purcell Tire and Rubber Company of Potosi, MO (Robert Purcell, CEO and Dan Cape, Treasurer) acquired 4.5 acres at Interstate Business Park for[mepr-show rules=”58038″]$850,000 ($4.35 PSF) in an all-cash deal from Interstate Ajo Investors, LLC (David Lyons, manager) an affiliate with Rio West Development (Walter Hoge). Zoned I-1, the industrial lot is northwest of I-10 and Ajo Way with frontage on both, located across the street from The Bridges retail power center.

Since its inception in 1936, Purcell has been a quality service and product provider and grown to become one of the nation’s largest providers of tires and service for retail, commercial, retread and mining customers.

The new 20,000+ sq. ft truck center will make several new services available. A computerized truck alignment system will be installed that allows alignment of large, commercial truck suspension systems. Further, Purcell Tire will offer annual DOT inspections, as well as an expanded menu of commercial and retail mechanical services, including large truck oil and fluid changes. Expanded warehouse space will also allow Purcell Tire to offer additional sizes and types of tires ranging from small to industrial to the largest off-the-road tires made today from leading tire manufacturers in the industry such as Goodyear, Dunlop, Michelin, Hankook, Titan and Kelly with whom Purcell Tire partners. Additionally, Purcell Tire will offer quality retreading, a road-proven process that allows Purcell’s commercial customers a cost-effective way to manage their fleet and protect the environment.

Purcell’s operations will continue at the other four locations: 1601 E 22nd Street, 1402 S Kolb Road, 1890 W Grant Road, and 210 W Magee Road in Tucson.

Other businesses in Interstate Business Park include Siglar Bryant at 3682 S Wall Street, a wholesale distributor for HVAC&R parts is in a 21,000 sq. ft. facility built in 2008 and Southwest Self-Storage at 1501 E Metric, built in 1997. The park offers 2″ gas lines from Benson Hwy, 8″ water lines and 36″ sewer lines for any industrial user. There is one 2.2 acre vacant lot remaining in the park.

Gary and Randy Emerson of GRE Partners of Tucson handled the sale and are also marketing the last remaining lot at Interstate Business Park.

To reach Walter Hoge, call (520) 318-4233. Dan Cape is at (573) 438-2131. Gary Emerson can be reached at (520) 305-3589 and Randy Emerson at (520) 396-4812.

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