Tucson’s CataVinos’ Owner Buys Shop on Alvernon

CataVinos, 3063 N Alveron Way, Tucson
CataVinos, 3063 N Alveron Way, Tucson

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After five years as a tenant, Yvonne Foucher purchased the building she was in at 3063 N Alvernon Way in Tucson, located south of Fort Lowell on Alvernon, the store known to most as CataVinos. Foucher paid[mepr-show rules=”58038″]$147,000 ($78 PSF) for the 1,880 sq. ft. building (built 1955). The seller was Elias & Irma Rangel of Tucson.

CataVinos is a full service wine shop and tasting room with extensive flights of wine from all over the world. It started at this location and plans to stay here for some time. At CataVinos there are six wines to sample every week, with a different theme, from a different country and a different point of view. Along with the casual wine tasting comes the traditional cheesed and other gourmet goodies from around the globe to accompany each flight. Tasting is free with a case purchase and $8 with wine purchase over $10.

CataVinos was voted “Best Wine Bar in Tucson for 2010” by its legions of loyal fans. “Thanks to amazing prices, (with hundreds of wines under $15 per bottle) and unfussy, laid-back vibe; and owner Yvonne Foucher’s passion for good wine, CataVinos is a great place to enjoy one’s self,” according to the Best Of Tucson issue of the Tucson Weekly.

catavinos_wineshop_2Every other Wednesday usually features white wines, although Foucher does get creative with other wines such as “Wine as Art”, “Nothing but Blends”, “BBQ Wines” etc. tasting nights. Foucher is also a local fan of local artists and charities, and the space provide a great venue for both.

The sale was handled by Aaron LaPrise, Retail Specialist with Cushman & Wakefield / Picor in Tucson.

Foucher at CataVinos can be contacted at (520) 323-3063. LaPrise should be reached at (520) 546-2770.[/mepr-show]

 

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[ismember]
Sale date: 7/19/2013. Buyer paid all cash. Property has two buildings on 8,533 SF lot: 1,340 SF (built 955) and 540 SF (built 1981). Buyer was a tenant for 5 years prior to purchase; there were no options involved.
[/ismember]




El Molinito Adds New Oro Valley Location

10180 n oracle rdThis article has been archived, please login for access or subscribe now for a free trial.

El Molinito of Tucson (Wayne & Margaret Hallquist) purchased the former Chicago-style pizza parlor at 10180 N Oracle Road in Oro Valley for $1.25 million ($171 PSF). This will be its fourth restaurant location in the area. The 7,295 sq. ft. restaurant (built 2001) on 1.38 acres sold fully fixturized in an REO sale from Silver Point Capital’s affiliate SPCP Group IV, LLC.

The restaurant was most recently a Uno Chicago Grill franchise (2007) and later re-branded to the Loop Taste of Chicago. In 2007, the property was sold for[mepr-show rules=”58038″]$3.2 million.

El Molinito has been serving the Tucson Area for over 35 years and features a menu full of authentic Mexican dishes prepared fresh that is characteristic of their high standards and success.  The conversion from pizza to Mexican food is currently with an architect for review and opening date will depend on the extent of renovation and licensing process. Hallquist anticipates a grand opening to be towards the end of summer and will be hiring approximately 40 new employees for this spot.

As in their other locations, they serve breakfast, lunch and dinner with a big menu. They will have a full bar with indoor and outdoor seating that takes advantage of the views of Pusch View Ridge. The restaurant is also known for their catering and have banquet facilities that include delivery and setup for celebrations at home, or elsewhere. They current locations are open Sunday-Saturday, 10:00 A.M.- 10:00 P.M.

El Molinito’s three other locations are at 5380 E 22nd Street in Tucson, 2323 N Pantano Road, Tucson and at 3675 W Ina Road in Marana.

JP Morgan Chase Bank handled financing for the sale.

Greg Furrier, Rob Tomlinson and Aaron LaPrise, Retail Specialists with Cushman & Wakefield / Picor Commercial Real Estate Services of Tucson, handled the transaction.

We caught up with Hallquist at El Molinito on Ina Road (520) 744-1188. Silver Point Capital is at (203) 542-4200. Furrier, Tomlinson and LaPrise with C&W / Picor can be reached at (520) 748-7100.[/mepr-show]

 

 

 




Tucson Lease REPORT – Week of April 15 – 19, 2013

logo RED b&w 640 x 380INDUSTRIAL – 924 N TWEEDY ROAD, ELOY, AZ (PINAL COUNTY)
ELRUS of Calgary, AB, Canada, a heavy-duty mining equipment manufacturer, leased a 71,708 sq. ft. single-tenant industrial building at 924 N Tweedy Road in Eloy, AZ from Sky Cast Properties, LLC of Concord, ON, Canada. The building includes an expansive production area with reinforced floors and cranes in place, along with offices, men’s and women’s locker areas, lab space and other mechanical and maintenance rooms. In addition, the property has a secure fenced area and additional land available for expansion.

This is ELRUS’ first manufacturing facility in theUnited Stateswhere it plans to fill approximately 100 positions primarily for highly skilled mechanics and welders.

Pat Feeney, Dan Calihan and Rusty Kennedy of CBRE in Phoenix represented the landlord in negotiating the five-year lease. Kevin Lange of Cushman & Wakefield in Phoenix represented the tenant.

“ELRUS not only found a building ideally suited for its unique manufacturing requirement, but its location – between Phoenix and Tucson – will allow the company to draw from a wider pool of applicants to quickly fill its employment needs,” said CBRE’s Feeney. “The area’s pro-business environment was also instrumental in ELRUS’s decision to locate in Eloy, and the company should be up and running by the third quarter of the year.”

INDUSTRIAL – 420 E COLUMBIA STREET, TUCSON
JV Metals of Tucson, a metal recycler, leased 14,278 sq. ft. at420 E Columbia St. in Tucson. Located at Fair Avenue and Columbia, the four building complex is on a 2 acre industrial lot. Brandon Rodgers and Pat Welchert of Cushman & Wakefield / Picor Commercial Real Estate represented the tenant and landlord, Plastic and Metal Parts, Inc. of Tucson, in the transaction.

INDUSTRIAL – 230 EAST 27TH STREET, SOUTH TUCSON
2,784 sq. ft. of warehouse space at 230 E 27th Street was leased by Brandon Schilling. Ron Zimmerman of Newmark Grubb Knight Frank in Tucson represented the landlord, Tin Cup Properties.

RETAIL – HISTORIC BATES MANSION – 283 N STONE AVE, TUCSON
Marketplace Holdings dba Artfire.com, leased the Historic Bates Mansion at 283 N Stone Ave. in Tucson. The Tucson based web marketplace ArtFire.com will be moving their software development and web marketing team to the former home of the exclusive Mountain Oyster Club to launch a new artisan focused maker space on the property, called “Maker House”.

Maker House will serve as a community hub and education space for artists, artisans and creative entrepreneurs. It will feature classes, events, music, theater and tech ‘hackathons’ in the 5,000 sq. ft. historic space and the 5,000 sq. ft. courtyard, hidden behind 9 foot high walls. Maker House will also feature a new artisan coffee bar, in-house experts and access to creative equipment ranging from 3D printers to vinyl cutters, paper embossers, and computer guided sewing machines that artists and makers may not have readily available in home studios.

Renovation of the space is already underway. Maker House is projected to soft launch over the summer with a Grand Opening in September. ArtFire.com will move into the new corporate offices at the mansion in May.

John A. Jacobs, CEO and Founder of ArtFire.com says, “We’re excited to join the many companies, large and small, who are investing in the future of downtown Tucson. Moving ArtFire.com into this wonderful historic space perfectly matches both the future of tech companies in Southern Arizona and our commitment to artisans and the creative entrepreneur.”

Scott Soelter of Newmark Grubb Knight Frank in Tucson represented the landlord, Prudent Preservation Partners.

RETAIL – 6211 E SPEEDWAY BLVD, TUCSON
Rebellion Tattoo leased the 7,298 sq. ft. building at6211 E Speedway Blvd. in Tucson from MaS Enterprise. Greg Furrier and Aaron LaPrise of Cushman & Wakefield / Picor Commercial Real Estate of Tucson represented the landlord. Fred Seger of Fred Seger & Associates of Tucson represented the tenant.

RETAIL – 1730 WEST AJO WAY, TUCSON
TnT Fashion is opening its third location at 1730 West Ajo Way in Park View Plaza, at Mission and Ajo Way, where it leased 4,800 sq. ft. from Park View Plaza, Inc. Rick Volk of Volk Company in Tucson handled the transaction.

OFFICE – 1640 E RIVER RD, STE 208, TUCSON
Movement Mortgage, a Virginia based company, leased 3,926 sq. ft. at Mesquite Corporate Center, 1640 E River Road, Suite 208, in Tucson. Movement Mortgage, formerly New American Mortgage, is a privately held mortgage bank established in 2008. It was named by Inc. Magazine as the fastest growing mortgage bank in the country for 2012.

Tom Nieman of Cushman & Wakefield / Picor Commercial Real Estate represented the landlord, George Caughman. Gary Best of Keller Williams Southern Arizona represented the tenant.

OFFICE – 4811 E GRANT RD, STE 261, TUCSON
Arizona Institute of Urology leased 2,983 sq. ft. office space at the Crossroads Festival, 4811 E Grant Rd, Ste 261, at the northeast corner of Swan and Grant Roads in Tucson. The landlord, Larsen Baker, was represented in-house by Andy Seleznov and Melissa Lal. James Robertson of Realty Executives Tucson Elite represented the tenant.

Did we miss something?  To submit sales and leases email REDailyNews@outlook.com